Project RERA record · Mumbai, Thane & the MMR

Grove Towers

by Ornate Spaces Private Limited · MahaRERA P51900009142 · Certificate Signed · declared completion Nov 2024

Developer in insolvency (NCLT)Past its declared completion date

Developer in insolvency (NCLT). Mumbai City

Developer in NCLT insolvency proceedings

The promoter/developer of this project is in NCLT insolvency proceedings. This is one of the highest-risk flags for a buyer awaiting possession — verify the current legal status and any IRP (Insolvency Resolution Professional) order before any transaction.

Past its declared completion date

The developer's declared completion date has passed on the MahaRERA register. The project may have completed late or may still be under construction — the register flags the declared timeline, not actual handover.

Grove Towers appears on MahaRERA's NCLT list — the promoter is in insolvency proceedings before the National Company Law Tribunal. For buyers awaiting possession, this is the highest-risk flag on the register: an IRP (Insolvency Resolution Professional) controls the company and any construction or handover depends on the outcome of the resolution plan. Verify the current NCLT order status before making any payment or transaction. It also carries 1 additional MahaRERA flag.

On the regulator's record

  • 30 quarterly reporting periods on MahaRERA's compliance schedule — no QPR default flagged
  • 4 complaints filed with MahaRERA against this project

Source: MahaRERA public project record.

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What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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  • 🔴  Promoter flagged for insolvency (NCLT) on the MahaRERA register

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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: 11 Jul 2026