MahaRERA Property Intelligence · Thane

Godrej Exquisite

P51700024496 · Kavesar · promoter Godrej Properties

Certificate SignedDue 30 Sep 2026

Decision Scorecard

The read: Serious flags to clear — 2 area(s) carry a red flag on the MahaRERA record. Read those rows first and resolve exactly what they mean before you part with money.
Regulatory standingGOODRegistration signed and active, no adverse list entry.
Construction progressNOTE~100.0% of the estimated cost incurred (last filing).
Delivery timelineWARNCompletion deadline already extended 2 times.
Legal & litigationGOODNo litigation on the MahaRERA record.
Buyer complaintsWARN5 adjudicated with a MahaRERA order.
Builder track recordNOTELimited wider portfolio on the MahaRERA register.
Sales / inventoryNOTE~88% of 678 homes sold; 82 available. ₹605.14 Cr of ₹850.12 Cr collected.

What the filing tells you

Synthesis from the MahaRERA record — registration status, the promoter's declared deadline, complaint and litigation history, compliance-filing discipline and the builder of record, read the way a sales team won't volunteer.

Filing its progress reportsThe project has filed quarterly progress reports across 8 year(s) with no current default and no period was ever flagged for default — a promoter still reporting to MahaRERA is one you can hold to the record.
Buyer complaints on the MahaRERA record5 buyer complaint(s) are filed against this project (most recent 22/05/2026), and MahaRERA has passed orders in 5 of them. Read the orders in full — an adjudicated complaint is the strongest evidence of how this promoter treats buyers when things go wrong.
⚠ Completion deadline extendedMahaRERA has granted this project 2 formal completion-date extension(s) from 30 Mar 2025 to 30 Sep 2026. A deadline that keeps moving is the clearest, hardest evidence of delivery slippage — read each stated reason (in the Deadline Extensions section) and weigh it before you rely on the current date.
How much is soldOf 678 homes, ~88% are sold/booked with 82 still available per the promoter's inventory filing.
Declared completion still aheadPromoter-declared completion is 30 Sep 2026 (~2 months out) — a commitment on the RERA record you can hold them to.

What I'd Do As A Buyer

  1. Read every buyer complaint and any MahaRERA order in full — it's the clearest evidence of how this promoter behaves when a buyer pushes back.
  2. Confirm the occupancy/completion certificate, the sanctioned plan and its FSI, the 7/12 land extract and title, and your exact carpet area on the agreement — the record shows where to look, not a substitute for your own checks.

Questions To Ask The Builder

The Sanctioned Layout Plan

The layout the promoter actually filed with MahaRERA — rarely shown to buyers. Read where each tower sits relative to the internal roads, the open spaces and the plot boundaries before you pick a flat.

The sanctioned layout plan filed with MahaRERA
The full sanctioned layout plan as filed with MahaRERA — click to enlarge. A scanned document; read positions as approximate and confirm your exact flat against the dimensioned plan.

From the sanctioned site plan, we map every block against the amenities worth being near and the utilities worth avoiding, using each item's position on the plan:

✓ Podium Garden✓ Swimming Pool

Of the 15 blocks on the sanctioned plan, 8 sit next to the key amenities and 0 back onto utilities. Where you buy within the project matters:

FavourTower 1, Tower 2, Tower 3, R-G-1, A-22, A-23, A-21 and A-24
the pick of the layout — closest to the podium garden. Target higher floors here.
MixedR-G-3, A-20, R-G-2, A-25, A-19, A-18 and A-26
a mix — near an amenity but also within range of a utility; favour higher floors on the amenity side.

A closer read on a few:

Tower 1 is the pick of this layout — it overlooks the podium garden and is clear of the project's utilities. A unit here, on a higher floor, is where the premium sits.
Tower 2 is the pick of this layout — it overlooks the podium garden and is clear of the project's utilities. A unit here, on a higher floor, is where the premium sits.

Positions are read from the sanctioned plan, not surveyed; distances are relative within the plan, not metres. Treat this as where to look first and what to check on a site visit — not a final verdict.

Sales & Inventory

Of 678 homes filed with MahaRERA, 596 are sold/booked (579 with registered agreements + 17 booked) and 82 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹850.12 Cr in agreement value so far. Of that, ₹605.14 Cr (~71%) is already collected, ₹244.98 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 596 registered agreements, the effective carpet rate is ₹22,296/sqft (typical range ₹17,321–₹28,533) — 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹327.24 Cr spent against a ₹327.24 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.

Delivery & Registration

MahaRERA registrationP51700024496
Registered on18 Feb 2020
Promoter-declared completion30 Sep 2026
Current statusCertificate Signed
Against today2 months to the declared date

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 time(s). 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
30 Mar 202530 Sep 2026Request that the developer be granted extension for a period of 6 months under Section 6 of the Act.
30 Mar 202530 Sep 2025In view of the current pandemic situation, we have suffered a lot of delay in getting the labour and material on site and certain approvals. Therefore, we humbly make an applicatio

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.

Complaints & Orders

5 complaint(s) are on the MahaRERA record for this project, with orders passed in 5. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000019482806/11/2020Abhishek Singhal vs Ashank Macbrics Private Limitedorder passed
CC00600000019871220/10/2021Saara Jasher vs Godrej Exquisiteorder passed
CC1250251521/07/2025Godrej Macbricks Private Limited vs Saara Jasher Kaniyampuramorder passed
CC1250290819/08/2025Suryakala Ramalinge vs Godrej Macbricks Private Limitedorder passed
SM1260034422/05/2026Bhakti Achrekar vs Godrej Macbricks Private Limitedorder passed

RERA Escrow Account

RERA requires 70% of buyer collections to sit in a designated account spent only on this project. As last filed, that account shows ₹429.63 Cr deposited, ₹420.43 Cr withdrawn for construction, and a closing balance of ₹9.21 Cr. Withdrawals have drawn the account down to a thin balance — normal late in a build, but worth checking against the construction stage above.

Project Funding

How the promoter says the project is funded, filed as estimated and actual. The project's own filing moved from an estimated ₹704.48 Cr to an actual ₹594.81 Cr (-16%) — a cost reduction to ask the builder to explain. On the actual filing the developer's OWN funds are ₹174.39 Cr (~29% of the total) against ₹0 borrowed and ₹420.43 Cr from buyer receipts — a read on how much of the developer's own capital is committed versus riding on your money.

FilingOwn fundsBorrowedBuyer receiptsTotal
Estimated₹11.50 Cr₹0₹474.48 Cr₹704.48 Cr
Actual₹174.39 Cr₹0₹420.43 Cr₹594.81 Cr

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+43 and 678 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower 11G+43238-
Tower 21G+43220-
Tower 3 - Evoke1G+43220-

Unit mix on the filing: 678 habitable floor.

Filed Document Catalog

The documents the promoter has actually filed with MahaRERA for this project — the paperwork trail a buyer's lawyer should read in full. Their presence on the register is a good sign; ask for a certified copy of each before you sign.

Filed documentWhat it is
Form 1 — Architect's certificatethe architect's certified % of work completed
Form 3 — CA certificatethe chartered accountant's certificate on funds withdrawn
Form 2 — Engineer's certificatethe engineer's cost-incurred certificate
Form B — Promoter declarationthe promoter's declaration-cum-affidavit
Title / search reportthe legal title-search report on the land
Sanctioned layout planthe approved site layout
Sanctioned building planthe approved building plan
Occupancy / completion certificatethe OC/CC — proof of completion

Plus 4 other supporting file(s) on the MahaRERA record.

Engineering, Cost & Professionals

The professionals of record on the MahaRERA filing — the people whose licences are on the line for the certified filings:

RoleName / firmReg. no.
ArchitectR Design ArchitectsCA/2008/42298
EngineerRajendra JoshiJ/131/SS-1
EngineerVINYASA CONSULTANTS-
Chartered AccountantPiyush Jain184780
Chartered AccountantRupen Shah116240

Location, Land & Connectivity

Located at Kavesar, Ghodbunder Road, Kurla, Mumbai Suburban, 400607. Per the filed land record, the plot is bounded to the north by SNo 206 Hissa 3 SNo 206 Hissa 4 SNo 206 Hissa 5, to the south by SNo 141 Hissa 6, to the east by SNo 207 SNo 141 Hissa 3 SNo 141 Hissa 4 and to the west by 60mt wide DP Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park17 km
Andheri MIDC / SEEPZ17 km
Chhatrapati Shivaji Int'l Airport21 km
Bandra Kurla Complex (BKC)23 km
Lower Parel / Worli business district32 km
Nariman Point / Fort40 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.

Before You Book

This report reads the MahaRERA public record — the promoter's own declarations. Independently confirm: the occupancy/completion certificate, the sanctioned plan and its FSI, the 7/12 land extract and title, the exact carpet area on your agreement, and any complaint/litigation orders in full. Treat the record as where to look first, not a substitute for your own diligence.

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