Pruthi Annexe
MahaRERA Property Intelligence · Mumbai Suburban
P51800052220 · SANTACRUZ · promoter Devakshee Developers Private
| MahaRERA registration | P51800052220 |
| Registered on | 31 Jul 2023 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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.
Of 18 homes filed with MahaRERA, 8 are sold/booked and 10 remain available (~44% sold) — selling steadily. Buyers have committed ₹10.66 Cr in agreement value so far. Of that, ₹6.52 Cr (~61%) is already collected, ₹4.14 Cr receivable — a read on how far along these sales really are. Note: the project registers 31 homes in total, but this sold/unsold inventory filing covers only 18 of them — the other 13 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 8 registered agreements, the effective carpet rate is ₹24,998/sqft (typical range ₹15,117–₹27,237) — 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 2 | 204 | 216 sqft (20.03 sqm) | ₹35.60 Lakh |
| Floor 4 | 401 | 839 sqft (77.945 sqm) | ₹1.39 Cr |
| Floor 4 | 404 | 455 sqft (42.26 sqm) | ₹75.12 Lakh |
| Floor 5 | 503 | 951 sqft (88.31 sqm) | ₹1.57 Cr |
| Floor 6 | 603 | 951 sqft (88.31 sqm) | ₹1.57 Cr |
| Floor 7 | 703 | 764 sqft (70.98 sqm) | ₹1.26 Cr |
| Floor 8 | 801 | 830 sqft (77.1 sqm) | ₹1.37 Cr |
| Floor 8 | 802 | 901 sqft (83.69 sqm) | ₹1.49 Cr |
| Floor 8 | 803 | 1,036 sqft (96.24 sqm) | ₹1.71 Cr |
| Floor 8 | 804 | 1,036 sqft (96.24 sqm) | ₹1.71 Cr |
⚠ The inventory filing also declares: 13 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+3 and 31 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SILVER ARK PARADISE | 1 | G+3 | 31 | 31 Dec 2025 |
Unit mix on the filing: 31 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 |
|---|---|---|
| 31 Dec 2025 | 31 Dec 2026 | We apologize for the delay in the completion of the project and the submission of this request. The delay has occurred due to unforeseen circumstances, including procurement issues |
Located at SANTACRUZ, KOLEKALYAN, Kurla, Mumbai Suburban, 400055. Per the filed land record, the plot is bounded to the north by 09M ROAD, to the south by PLOT 3062, to the east by PLOT NO 2056A and to the west by PLOT 3052-3053. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Chhatrapati Shivaji Int'l Airport | 3 km |
| Bandra Kurla Complex (BKC) | 3 km |
| Andheri MIDC / SEEPZ | 7 km |
| Powai / Hiranandani business park | 8 km |
| Lower Parel / Worli business district | 9 km |
| Nariman Point / Fort | 17 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 SILVER ARK PARADISE?
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