MahaRERA Property Intelligence · Mumbai Suburban

Kalpataru Vienta Tower A

P51800027059 · Kandivali East · promoter Kalpataru Retail Ventures

Certificate SignedDue 30 Jun 2027

Decision Scorecard

The read: Registered, but watch 1 area(s) — nothing red on the record, though the amber points below deserve a direct answer from the promoter before you book.
Regulatory standingCAUTIONCurrently in QPR default — progress reports have stopped.
Delivery timelineGOODDeclared completion ~11 months out.
Legal & litigationGOODNo litigation on the MahaRERA record.
Buyer complaintsGOODNo buyer complaints on record.
Builder track recordGOOD50 projects, none currently flagged.
Sales / inventoryNOTE~91% of 215 homes sold; 20 available. ₹444.66 Cr of ₹523.07 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.

⚠ Stopped filing progress reportsThe promoter is currently in QPR default (FY 2025-2026) — it has stopped filing the mandatory quarterly progress report MahaRERA requires. A builder that goes quiet on the regulator mid-build is the classic early sign of a stalling project.
How much is soldOf 215 homes, ~91% are sold/booked with 20 still available per the promoter's inventory filing.
Builder's wider record is cleanAcross MahaRERA, Kalpataru Retail Ventures runs 50 projects with none currently carrying a regulator flag — a reassuring portfolio signal, though it doesn't erase any issue flagged on this specific project above.
Declared completion still aheadPromoter-declared completion is 30 Jun 2027 (~11 months out) — a commitment on the RERA record you can hold them to.

What I'd Do As A Buyer

  1. The promoter has stopped filing quarterly progress reports — ask for the last filed QPR and the reason for the gap; a builder gone quiet on the regulator is the classic early stall signal.
  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:

✓ Central Green / Garden✓ Clubhouse✓ Kids Play Area✗ Dg Yard✗ Garbage/Owc✗ Stp✗ Sump✗ Transformer

Across the blocks on the plan, Block 3 reads best and Block 1 warrants the most care — details below.

MixedBlock 3 overlooks the central green / garden but also sits close to the stp — favour higher floors and the side away from the stp.
Be cautiousBlock 2 sits adjoining the dg yard — expect transformer hum, generator noise on power cuts, and EMF concerns some buyers weigh. On the plus side it overlooks the central green / garden, so mid-to-high floors on the far side soften the trade-off.
Be cautiousBlock 5 sits adjoining the sump — expect odour and pump/processing noise at the lower floors. On the plus side it overlooks the central green / garden, so mid-to-high floors on the far side soften the trade-off.
Be cautiousBlock 6 sits adjoining the stp — expect odour and pump/processing noise at the lower floors. On the plus side it overlooks the central green / garden, so mid-to-high floors on the far side soften the trade-off.
Be cautiousBlock 4 sits adjoining the sump — expect odour and pump/processing noise at the lower floors. On the plus side it overlooks the clubhouse, so mid-to-high floors on the far side soften the trade-off.
Be cautiousBlock 1 sits adjoining the dg yard — expect transformer hum, generator noise on power cuts, and EMF concerns some buyers weigh. On the plus side it overlooks the clubhouse, so mid-to-high floors on the far side soften the trade-off.

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 215 homes filed with MahaRERA, 195 are sold/booked and 20 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹523.07 Cr in agreement value so far. Of that, ₹444.66 Cr (~85%) is already collected, ₹78.40 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 195 registered agreements, the effective carpet rate is ₹28,077/sqft (typical range ₹22,281–₹33,532) — 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:

FloorUnitCarpetReckoner value
Floor 2211,014 sqft (94.18 sqm)₹1.64 Cr
Floor 225998 sqft (92.72 sqm)₹1.61 Cr
Floor 2261,037 sqft (96.35 sqm)₹1.68 Cr
Floor 3311,015 sqft (94.26 sqm)₹1.64 Cr
Floor 335998 sqft (92.72 sqm)₹1.61 Cr
Floor 3361,037 sqft (96.35 sqm)₹1.68 Cr
Floor 393911,023 sqft (95.02 sqm)₹1.65 Cr
Floor 393951,013 sqft (94.08 sqm)₹1.64 Cr
Floor 4411,015 sqft (94.26 sqm)₹1.64 Cr
Floor 4421,017 sqft (94.49 sqm)₹1.64 Cr
Floor 445998 sqft (92.71 sqm)₹1.61 Cr
Floor 4461,037 sqft (96.35 sqm)₹1.68 Cr
Floor 5511,015 sqft (94.3 sqm)₹1.64 Cr
Floor 5521,017 sqft (94.49 sqm)₹1.64 Cr
Floor 5561,037 sqft (96.35 sqm)₹1.68 Cr
Floor 6611,651 sqft (153.35 sqm)₹2.67 Cr
Ground/Floor 011,985 sqft (184.39 sqm)₹4.01 Cr
Ground/Floor 022,061 sqft (191.46 sqm)₹4.16 Cr
Ground/Floor 031,662 sqft (154.45 sqm)₹3.36 Cr
Ground/Floor 041,145 sqft (106.38 sqm)₹2.31 Cr

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.

Delivery & Registration

MahaRERA registrationP51800027059
Registered on13 Nov 2020
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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.

Builder Track Record

Across MahaRERA, Kalpataru Retail Ventures is the promoter of record on 50 project(s), of which none currently 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.

Complaints

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

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 ₹315.85 Cr deposited, ₹270.13 Cr withdrawn for construction, and a closing balance of ₹45.73 Cr.

Project Funding

How the promoter says the project is funded, filed as estimated and actual. The project's own filing moved from an estimated ₹312.35 Cr to an actual ₹266.99 Cr (-15%) — a cost reduction to ask the builder to explain. On the actual filing the developer's OWN funds are ₹0 (~0% of the total) against ₹0 borrowed and ₹266.99 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₹0₹0₹312.35 Cr₹312.35 Cr
Actual₹0₹0₹266.99 Cr₹266.99 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+45 and 215 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower A1G+45215-

Unit mix on the filing: 215 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
Promoter PANthe promoter's PAN card
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
Title / search reportthe legal title-search report on the land
Form B — Promoter declarationthe promoter's declaration-cum-affidavit
Sanctioned layout planthe approved site layout
Sanctioned building planthe approved building plan

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.
ArchitectNandkumar V JetheCA/96/20792
EngineerMohan Parab-
EngineerSatish DateyNA
EngineerVikram Panchal-
Chartered AccountantC R Mohnot & Co ( CA Certificate-Form 3)059594
Chartered AccountantKhimji Kunverji & Co (Statutory Auditor - Form 5)-
OtherM/S JP Enterprises-
OtherDesign Architect-Mandviwala Qutub & Associate-
OtherStructural Consultant-RECI Engineering Pvt. Ltd.-
OtherMEP Consultant-S.N.Joshi Consultants Pvt.Ltd.-
OtherProject Architect-Atul Gulati Gala-

Separately, 10 MahaRERA-registered real-estate agent(s) are attached to this project as its sales channel — a measure of the selling machine behind it, not of build accountability. Whoever shows you a flat, verify their MahaRERA agent registration and deal only on the terms in the filed agreement drafts.

Location, Land & Connectivity

Located at Kandivali East, Ashok Nagar Main Road , Andheri, Mumbai Suburban, 400101. Per the filed land record, the plot is bounded to the north by CTS no- 94B PT 94C PT of village wadhavan, to the south by CTS no- 94B PT 94C PT of village wadhavan, to the east by CTS no- 94C PT of village wadhavan and to the west by CTS no - 94B PT 94C PT of village wadhavan. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ8 km
Powai / Hiranandani business park10 km
Chhatrapati Shivaji Int'l Airport12 km
Bandra Kurla Complex (BKC)15 km
Lower Parel / Worli business district22 km
Nariman Point / Fort30 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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