Brand One Wadala - A Wing
MahaRERA Property Intelligence · Mumbai City
P51900012467 · Barkat Ali Naka · promoter Neumec Developer And
| MahaRERA registration | P51900012467 |
| Registered on | 01 Sep 2017 |
| Promoter-declared completion | 30 Sep 2027 |
| Current status | Certificate Signed |
| Against today | 14 months to 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, Neumec Developer And 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.
MahaRERA's cost filing puts construction at ~94.9% of the estimated project cost incurred as of the last certificate (₹53.22 Cr spent against a ₹56.06 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 84 homes filed with MahaRERA, 59 are sold/booked and 25 remain available (~70% sold) — selling steadily. Buyers have committed ₹71.86 Cr in agreement value so far. Of that, ₹71.86 Cr (~100%) is already collected, ₹0 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 59 registered agreements, the effective carpet rate is ₹20,098/sqft (typical range ₹15,303–₹25,611) — 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 11 | 1101 | 575 sqft (53.42 sqm) | ₹66.95 Lakh |
| Floor 13 | 1301 | 575 sqft (53.42 sqm) | ₹66.95 Lakh |
| Floor 15 | 1501 | 575 sqft (53.42 sqm) | ₹66.95 Lakh |
| Floor 17 | 1701 | 575 sqft (53.42 sqm) | ₹66.95 Lakh |
| Floor 19 | 1903 | 398 sqft (36.98 sqm) | ₹46.34 Lakh |
| Floor 20 | 2001 | 781 sqft (72.56 sqm) | ₹90.93 Lakh |
| Floor 20 | 2002 | 728 sqft (67.63 sqm) | ₹84.75 Lakh |
| Floor 21 | 2101 | 781 sqft (72.56 sqm) | ₹95.07 Lakh |
| Floor 26 | 2602 | 728 sqft (67.63 sqm) | ₹88.61 Lakh |
| Floor 29 | 2901 | 781 sqft (72.56 sqm) | ₹95.07 Lakh |
| Floor 30 | 3001 | 781 sqft (72.56 sqm) | ₹95.07 Lakh |
| Floor 31 | 3101 | 781 sqft (72.56 sqm) | ₹99.20 Lakh |
| Floor 32 | 3201 | 781 sqft (72.56 sqm) | ₹99.20 Lakh |
| Floor 32 | 3202 | 728 sqft (67.63 sqm) | ₹92.46 Lakh |
| Floor 33 | 3301 | 781 sqft (72.56 sqm) | ₹99.20 Lakh |
| Floor 34 | 3401 | 781 sqft (72.56 sqm) | ₹99.20 Lakh |
| Floor 34 | 3402 | 728 sqft (67.63 sqm) | ₹92.46 Lakh |
| Floor 35 | 3501 | 781 sqft (72.56 sqm) | ₹99.20 Lakh |
| Floor 35 | 3502 | 728 sqft (67.63 sqm) | ₹92.46 Lakh |
| Floor 36 | 3601 | 781 sqft (72.56 sqm) | ₹99.20 Lakh |
| Floor 36 | 3602 | 728 sqft (67.63 sqm) | ₹92.46 Lakh |
| Floor 36 | 3603 | 562 sqft (52.21 sqm) | ₹71.38 Lakh |
| Floor 7 | 701 | 575 sqft (53.42 sqm) | ₹63.90 Lakh |
| Floor 8 | 801 | 575 sqft (53.42 sqm) | ₹63.90 Lakh |
| Floor 9 | 901 | 575 sqft (53.42 sqm) | ₹63.90 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+44 and 84 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Shreeji Towers | 1 | G+44 | 84 | 27 Aug 2021 |
Unit mix on the filing: 84 residential.
2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000044450 | 09/05/2018 | Antop Hill Warehousing Company Limited vs M/s Nuemac Builders & Developers | order passed |
| CC006000000292258 | 08/08/2022 | Mr. Chirag Jain and Mr. Vishal Jain vs M/s. Neumec Developer and Builders | order passed |
The promoter has declared 2 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court | 26628 | 2022 | Ongoing |
| High Court | 26635 | 2022 | Ongoing |
The promoter has had the MahaRERA completion deadline formally extended 6 times. 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 Sep 2024 | 27 Feb 2021 | As per the details mentioned at the time of registration of the project at the MahaRERA Website we have mentioned 28/02/2020 as the project completion date. Unfortunately, due to v |
| 30 Sep 2024 | 31 Mar 2023 | In accordance with circular no 28, we hereby apply for extension of the project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r |
| 30 Sep 2024 | 30 Sep 2023 | In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r |
| 30 Sep 2024 | 30 Sep 2024 | 1) M/s Neumec Developers and Builders, Limited Liability Partnership Firm having Partners namely 1) Rakesh Jhunjhunwala [deceased] age, 62 years 2) Rekha Jhunjhunwala age, 62 years |
| 28 Feb 2020 | 30 Sep 2025 | We apologize for the delay in the completion of the project and the submission of this request. The delay has occurred due to issues with procurement, unforeseen site conditions, c |
| 28 Feb 2020 | 30 Sep 2027 | We sincerely apologize for the delay in completing the project and for the late submission of this extension request. The delay has been primarily due to several unforeseen and una |
Located at Barkat Ali Naka, Saltpan Division, Kamlakar Nagar, Ward ABCD, Mumbai City, 400037. Per the filed land record, the plot is bounded to the north by Antop Hill warehousing , to the south by Sewri Chembur Road , to the east by Antophill WH Bhaiyasaab Nagar and to the west by Vidyalankar College Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 4 km |
| Bandra Kurla Complex (BKC) | 6 km |
| Chhatrapati Shivaji Int'l Airport | 8 km |
| Nariman Point / Fort | 11 km |
| Powai / Hiranandani business park | 12 km |
| Andheri MIDC / SEEPZ | 13 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 Shreeji Towers ?
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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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