MahaRERA Property Intelligence · Mumbai Suburban

VIKAS ORNATE

P51800032578 · GHATKOPAR EAST · promoter Aricia Construction

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51800032578
Registered on11 Jan 2022
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 months to the declared date

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.

Construction Progress

MahaRERA's cost filing puts construction at ~42.8% of the estimated project cost incurred as of the last certificate (₹50.39 Cr spent against a ₹117.80 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. With only ~5 months to the declared date and ~42.8% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 112 homes filed with MahaRERA, 7 are sold/booked (1 with registered agreements + 6 booked) and 105 remain available (~6% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹16.82 Cr in agreement value so far. Of that, ₹7.02 Cr (~42%) is already collected, ₹9.80 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 7 registered agreements, the effective carpet rate is ₹26,000/sqft (typical range ₹25,032–₹26,051) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+20 and 112 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING A1G+2052-
WING B1G+2060-

Unit mix on the filing: 112 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

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 May 202531 Dec 2026We have started the excavation & piling work on time but the basement construction took more than expected time due to road issue and site constraints to carry on the excavation as

Location, Land & Connectivity

Located at GHATKOPAR EAST, RAJAWADI ROAD NO 01, Kurla, Mumbai Suburban, 400077. Per the filed land record, the plot is bounded to the north by CTS NO 2580, to the south by CTS NO 4618 AND CTS NO 4623, to the east by CTS NO 4624 and to the west by CTS NO 4612 AND CTS NO 4611. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)4 km
Chhatrapati Shivaji Int'l Airport4 km
Powai / Hiranandani business park4 km
Andheri MIDC / SEEPZ7 km
Lower Parel / Worli business district12 km
Nariman Point / Fort19 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Other RERA-registered projects in Ghatkopar East

Baldevsingh Thakur SRA Coop HSG SOC LTD
possession by Jul 2026 · Krishna Narsingrao Pimple
Palatina
possession by Jul 2026 · Tanishq Builders
Vihar Heights
possession by Aug 2026 · Saptrishi Homes LLP
Poonam Celeste
possession by Aug 2026 · PL7 Realty Pvt. Ltd.
Hema Apartments CO-Operative Housing Society Limited
possession by Sep 2026 · Hema Appartments CO-Operative Housing So
Centrona ZEN-A
possession by Dec 2026 · Elevated Avenue Realty LLP

Major developers building in Ghatkopar East

Other RERA-registered projects in Mumbai Suburban

Vikas Palazzo
possession by Nov 2027 · Duratech
Vikas Rise
possession by Dec 2027 · Duratech
Vikhroli Aspi Project 1
possession by Sep 2029 · Lodha Developers Limited
Vikhroli Aspi Project 2
possession by Jan 2029 · Lodha Developers Limited
Vikhroli Aspi Project 3
possession by Sep 2029 · Lodha Developers Limited
Vikhroli Aspi Project 4
possession by Dec 2030 · Lodha Developers Limited

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: 27 Jul 2026