Shree Mahalakshmi Constructions
MahaRERA Property Intelligence · Mumbai City
P51900045601 · MAHIM WEST · promoter Shree Mahalakshmi Constructions
| MahaRERA registration | P51900045601 |
| Registered on | 26 May 2022 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
Across MahaRERA, Shree Mahalakshmi Constructions is the promoter of record on 10 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.
Of 24 homes filed with MahaRERA, 11 are sold/booked and 13 remain available (~46% sold) — selling steadily. Buyers have committed ₹13.70 Cr in agreement value so far. Of that, ₹12.19 Cr (~89%) is already collected, ₹1.51 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 11 registered agreements, the effective carpet rate is ₹26,075/sqft (typical range ₹22,039–₹35,871) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 10 | 1002 | 421 sqft (39.09 sqm) | ₹92.23 Lakh |
| Floor 11 | 1101 | 429 sqft (39.82 sqm) | ₹93.96 Lakh |
| Floor 11 | 1102 | 421 sqft (39.09 sqm) | ₹92.23 Lakh |
| Floor 12 | 1201 | 429 sqft (39.82 sqm) | ₹93.96 Lakh |
| Floor 12 | 1202 | 421 sqft (39.09 sqm) | ₹92.23 Lakh |
| Floor 14 | 1402 | 488 sqft (45.32 sqm) | ₹1.15 Cr |
| Floor 17 | 1701 | 511 sqft (47.44 sqm) | ₹1.26 Cr |
| Floor 18 | 1801 | 511 sqft (47.44 sqm) | ₹1.26 Cr |
| Floor 19 | 1902 | 423 sqft (39.27 sqm) | ₹96.14 Lakh |
| Floor 20 | 2001 | 2,195 sqft (203.92 sqm) | ₹4.44 Cr |
| Floor 20 | 2002 | 391 sqft (36.37 sqm) | ₹96.14 Lakh |
| Floor 7 | 702 | 399 sqft (37.05 sqm) | ₹92.23 Lakh |
| Floor 9 | 902 | 421 sqft (39.09 sqm) | ₹92.23 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+23 and 24 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SHREE MAHALAKSHMI RESIDENCY | 1 | G+23 | 24 | 30 Jun 2025 |
Unit mix on the filing: 24 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Jun 2025 | 30 Jun 2026 | The construction is nearing completion. However, due to unavoidable challenges with timely material supply and quality inconsistencies from our supplier, we were compelled to retur |
Located at MAHIM WEST , SOONAWALA AGIARY LANE , Andheri, Mumbai Suburban, 400016. Per the filed land record, the plot is bounded to the north by F P 578, to the south by VAITY WADI ROAD, to the east by SOONAWALA AGIARY LANE and to the west by F P 581. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 1 km |
| Chhatrapati Shivaji Int'l Airport | 2 km |
| Powai / Hiranandani business park | 5 km |
| Andheri MIDC / SEEPZ | 6 km |
| Lower Parel / Worli business district | 10 km |
| Nariman Point / Fort | 18 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.
🔒 Unit-by-unit guidance · Unit Guidance report
Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.
🔒 Full financial records — escrow, funding & the document catalog · Compliance report
The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.
Should you buy in SHREE MAHALAKSHMI RESIDENCY?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Shree Mahalakshmi Constructions is the promoter on 5 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.
Last checked against the RERA register: 27 Jul 2026