Newfound Properties AND Leasing Private Limited
MahaRERA Property Intelligence · Thane
P51700080352 · Turbhe MIDC Juinagar · promoter Newfound Properties And
| MahaRERA registration | P51700080352 |
| Registered on | 26 May 2025 |
| Promoter-declared completion | 31 Jul 2031 |
| Current status | Certificate Signed |
| Against today | 60 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, Newfound Properties And is the promoter of record on 5 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 ~19.8% of the estimated project cost incurred as of the last certificate (₹22.65 Cr spent against a ₹114.24 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 208 homes filed with MahaRERA, 169 are sold/booked (166 with registered agreements + 3 booked) and 39 remain available (~81% sold) — selling steadily. Buyers have committed ₹205.18 Cr in agreement value so far. Of that, ₹111.48 Cr (~54%) is already collected, ₹93.70 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 169 registered agreements, the effective carpet rate is ₹23,779/sqft (typical range ₹20,675–₹25,926) — 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 1 | 101 | 555 sqft (51.56 sqm) | ₹48.98 Lakh |
| Floor 1 | 105 | 555 sqft (51.56 sqm) | ₹48.98 Lakh |
| Floor 1 | 106 | 555 sqft (51.56 sqm) | ₹48.98 Lakh |
| Floor 2 | 206 | 555 sqft (51.56 sqm) | ₹48.98 Lakh |
| Floor 21 | 2103 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 21 | 2104 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 22 | 2208 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 23 | 2303 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 23 | 2304 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 23 | 2307 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 23 | 2308 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 24 | 2401 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 24 | 2402 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 24 | 2403 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 24 | 2404 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 24 | 2406 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 24 | 2407 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 25 | 2501 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 25 | 2502 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 25 | 2503 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 25 | 2504 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 25 | 2505 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 25 | 2506 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 25 | 2507 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 25 | 2508 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 26 | 2601 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 26 | 2602 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 26 | 2603 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 26 | 2604 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 26 | 2605 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 26 | 2606 | 598 sqft (55.52 sqm) | ₹52.74 Lakh |
| Floor 26 | 2607 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 26 | 2608 | 449 sqft (41.67 sqm) | ₹39.59 Lakh |
| Floor 3 | 305 | 555 sqft (51.56 sqm) | ₹48.98 Lakh |
| Ground/Floor 0 | ED05 | 549 sqft (51.05 sqm) | ₹48.50 Lakh |
| Ground/Floor 0 | ED06 | 549 sqft (51.05 sqm) | ₹48.50 Lakh |
| Podium | P505 | 549 sqft (51.05 sqm) | ₹48.50 Lakh |
| Podium | P506 | 549 sqft (51.05 sqm) | ₹48.50 Lakh |
| Podium | P507 | 897 sqft (83.35 sqm) | ₹79.18 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+29 and 208 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Tower 2 - Building 10 | 1 | G+29 | 208 | - |
Unit mix on the filing: 208 residential.
2 complaints are on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12503400 | 23/09/2025 | Parag Palsapure vs NEWFOUND PROPERTIES AND LEASING PRIVATE LIMITED | pending / no order on file |
| SM12600038 | 10/01/2026 | Bhakti Achrekar vs NEWFOUND PROPERTIES AND LEASING PRIVATE LIMITED | order passed |
The promoter has declared 1 court case 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 |
|---|---|---|---|
| Bombay High Court | 680 | 2024 | Ongoing |
Located at Turbhe MIDC Juinagar, MIDC Service Road, Juinagar, Andheri, Mumbai Suburban, 400706. Per the filed land record, the plot is bounded to the north by Gen 2-1B, to the south by D Bldg, to the east by 30 Mtr wide road and to the west by 20 Mtr wide road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 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 T2 Raheja Jade City?
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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Newfound Properties AND Leasing Private Limited 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