Excellensea Villas Project
MahaRERA · the public record
The WaterFront
Dhokawade · Rajesh Mavillakandy Bhaskaran
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15units filed as unsoldInventory · 19 September 2026
31 Oct 2025declared completionMahaRERA registration · read 12 Jul 2026
26registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & 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 Oct 2025
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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MahaRERA · P52000047796
Delivery and registration
When is the project declared for completion?
The WaterFront is registered with MahaRERA as P52000047796 and the promoter has declared completion for 31 Oct 2025.
31 Oct 2025
declared completion
11months past
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 registration | P52000047796 |
| Registered on | 28 Nov 2022 |
| Promoter-declared completion | 31 Oct 2025 |
| Current status | Certificate Signed |
| Against today | about 11 months past the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for The WaterFront record 13 quarterly progress reports since registration.
13quarterly filings
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 — 13 quarterly progress reports on record since registration, with no current default.
Construction
How much construction cost has been reported?
In The WaterFront, ₹37.31 Cr of a declared ₹37.50 Cr estimated project cost is reported as incurred, about 99.5%, as at the last certified filing with MahaRERA.
99.5%
₹37.31 Cr
of ₹37.50 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 The WaterFront, 9 of 24 homes filed with MahaRERA are recorded as sold or booked, about 38%, and 15 remain available.
38%sold
9 of 24 homes
₹31.29 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, ₹29.65 Cr (about 95%) is recorded as collected and ₹1.64 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 9 registered agreements, the effective carpet rate is ₹15,752/sqft, with eight in ten falling between ₹12,699 and ₹18,484 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 2,683 sqft (249.26 sqm) | ₹1.10 Cr |
| Floor 1 | 102 | 2,683 sqft (249.26 sqm) | ₹1.10 Cr |
| Floor 12 | 1201 | 2,223 sqft (206.57 sqm) | ₹91.51 Lakh |
| Floor 12 | 1202 | 2,213 sqft (205.57 sqm) | ₹91.07 Lakh |
| Floor 13 | 1301 | 2,222 sqft (206.42 sqm) | ₹91.45 Lakh |
| Floor 13 | 1302 | 2,222 sqft (206.42 sqm) | ₹91.45 Lakh |
| Floor 2 | 201 | 2,213 sqft (205.57 sqm) | ₹91.07 Lakh |
| Floor 2 | 202 | 2,223 sqft (206.57 sqm) | ₹91.51 Lakh |
| Floor 3 | 301 | 2,222 sqft (206.42 sqm) | ₹91.45 Lakh |
| Floor 3 | 302 | 2,222 sqft (206.42 sqm) | ₹91.45 Lakh |
| Floor 4 | 401 | 2,223 sqft (206.57 sqm) | ₹91.51 Lakh |
| Floor 4 | 402 | 2,213 sqft (205.57 sqm) | ₹91.07 Lakh |
| Floor 7 | 701 | 2,222 sqft (206.42 sqm) | ₹91.45 Lakh |
| Floor 7 | 702 | 2,222 sqft (206.42 sqm) | ₹91.45 Lakh |
| Floor 8 | 801 | 2,223 sqft (206.57 sqm) | ₹91.51 Lakh |
The inventory filing also declares: 2 reserved.
What the filings record, home by home
Read from MahaRERA on 19 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 9 homes carry one, and 15 of the 26 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 1202 | 2,213 sqft | Rs 3.5000 cr typical, over Rs 2.8100 cr to Rs 3.9000 cr | 5 filed on this stack, floors 5–11 |
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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In The WaterFront, 13 of the 15 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.
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+36 and 26 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| The WaterFront | 1 | G+36 | 26 | - |
Unit mix on the filing: 26 residential.
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Jun 2025 | While applying for our RERA registration in 2022 we had not envisaged the severe monsoon of 2023 which has left us lagging behind by a few months. The next monsoon of 2024 is upon |
| 30 Jun 2025 | 31 Oct 2025 | 1. The building is complete in all respects and is ready for occupation. We attach the latest photographs of the same. 2. The firefighting equipment has been installed. Testing is |
Location, Land & Connectivity
Located at Dhokawade, Dhokawade village road, Alibag, Raigarh, 402201. Per the filed land record, the plot is bounded to the north by 25 3, to the south by 702, to the east by 25 5 and to the west by village road. These are the boundaries as recorded in the filed land record.