Mumbai/Project record

MahaRERA · the public record

Suraj One Business Bay

Mahim · ICONIC PROPERTY DEVELOPERS PVT LTD

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143units filed as unsoldInventory · 20 September 2026
31 Dec 2031declared completionMahaRERA registration · read 12 Jul 2026
183registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2031

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · PC1170002501460

Delivery and registration

When is the project declared for completion?

Suraj One Business Bay is registered with MahaRERA as PC1170002501460 and the promoter has declared completion for 31 Dec 2031.

31 Dec 2031

declared completion

63months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationPC1170002501460
Registered on13 Nov 2025
Promoter-declared completion31 Dec 2031
Current statusCertificate Signed
Against today63 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Suraj One Business Bay record 1 quarterly progress report since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 1 quarterly progress report on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Iconic Property Developers is the promoter of record on 11 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

11projects

registered with MahaRERA

0flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Suraj One Business Bay, ₹2.74 Cr of a declared ₹225.00 Cr estimated project cost is reported as incurred, about 1.2%, as at the last certified filing with MahaRERA.

1.2%

₹2.74 Cr

of ₹225.00 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Suraj One Business Bay, 38 of 183 homes filed with MahaRERA are recorded as sold or booked, about 21%, and 145 remain available.

21%sold

38 of 183 homes

₹204.33 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹34.20 Cr (about 17%) is recorded as collected and ₹170.13 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 38 registered agreements, the effective carpet rate is ₹52,013/sqft, with eight in ten falling between ₹49,365 and ₹55,651 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 40 homes carry one, and 143 of the 183 are recorded unsold. Since we started watching this ledger, 2 homes have moved out of the unsold list, most recently on 12 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
Business Office 2828 sqftRs 4.2501 cr typical, over Rs 4.0867 cr to Rs 4.6042 cr14 filed on this stack, floors 1–2

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Suraj One Business Bay, 124 of the 143 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 142 homes — ₹2,999 →

Buildings & Wings

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+28 and 183 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Commercial Building on FP No. 426A AND 426B1G+28183-

Unit mix on the filing: 183 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Mahim, Senapati Bapat Road, Ward GSouth, Mumbai City, 400016. Per the filed land record, the plot is bounded to the north by Bhagoji Kir Marg, to the south by Indian Oil Petrol Pump, to the east by Tulsi Pipe Road and to the west by Final Plot No. 425. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Lower Parel / Worli business district5 km
Bandra Kurla Complex (BKC)6 km
Chhatrapati Shivaji Int'l Airport8 km
Andheri MIDC / SEEPZ11 km
Powai / Hiranandani business park13 km
Nariman Point / Fort13 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.

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Other RERA-registered projects in Mahim

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possession by Nov 2026 · Naqi Developers Private Limited
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ANJ Ananda
possession by Dec 2026 · A N J Recon LLP
Kapil Tirth
possession by Dec 2026 · Prathamesh Projects LLP
Moin Heights
possession by Dec 2026 · Mansoor Mehmood Sayyed
Royal Heights
possession by Dec 2026 · S.a. Enterprises

Major developers building in Mahim

Other RERA-registered projects in Mumbai City

Suraj Park View 1
possession by Dec 2031 · Suraj Estate Developers LTD
Suraj Park View 2
possession by Dec 2026 · Suraj Estate Developers LTD
Surya Square
declared completion Dec 2025 · Rajasthan Construction PVT LTD
Swami Krupaa
declared completion Jun 2021 · Swami Krupaa Developers
Swayam
declared completion Jun 2026 · Gala Habitats LLP
Tajun Heights
possession by Dec 2028 · A-1 Enterprises

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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: 20 Sep 2026