VERVE ELINA

Delivery & Registration

Regulatory Standing

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.

• Filing progress reports — 12 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Verve Greens Holding is the promoter of record on 86 projects, of which 6 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.

Construction Progress

MahaRERA's cost filing puts construction at ~103.0% of the estimated project cost incurred as of the last certificate (₹91.70 Cr spent against a ₹88.99 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.

Sales & Inventory

Of 68 homes filed with MahaRERA, 34 are sold/booked (33 with registered agreements + 1 booked) and 34 remain available (~50% sold) — selling steadily. Buyers have committed ₹139.47 Cr in agreement value so far. Of that, ₹107.50 Cr (~77%) is already collected, ₹31.97 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 34 registered agreements, the effective carpet rate is ₹20,587/sqft (typical range ₹19,327–₹22,604) — 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:

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.

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+37 and 68 homes are registered across the project.

Unit mix on the filing: 68 residential.

Complaints & Orders

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.

Legal & Litigation

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.

Location, Land & Connectivity

Located at BORIVALI WEST , AIYAPPA MANDIR ROAD, I C COLONY, Kurla, Mumbai Suburban, 400103. Per the filed land record, the plot is bounded to the north by SANTVANI CHS, to the south by RAJ MADHUR CHS, to the east by EXISTING ROAD and to the west by SCHOOL RESERVATION PLOT. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

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Other RERA-registered projects in Mumbai Suburban

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.