Lodha Kandivali Project - Tower 2

Decision Scorecard

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

• What were the buyer complaints about, and how were they resolved?
• Of the 149 registered homes, how many are sold, and can I see the sold-inventory record?
• Can I see the latest Form 2 (engineer's cost certificate) and the sanctioned plan for my building?

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.

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:

Of the 8 blocks on the sanctioned plan, 0 sit next to the key amenities and 3 back onto utilities. Where you buy within the project matters:

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 149 homes filed with MahaRERA, 147 are sold/booked (144 with registered agreements + 3 booked) and 2 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹374.59 Cr in agreement value so far. Of that, ₹345.67 Cr (~92%) is already collected, ₹28.92 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 147 registered agreements, the effective carpet rate is ₹25,337/sqft (typical range ₹24,061–₹28,135) — 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹105.90 Cr spent against a ₹105.90 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

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time(s). Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

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 — quarterly progress reports are on record across 6 year(s), with no current default.

Complaints & Orders

1 complaint(s) are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

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 ₹241.97 Cr deposited, ₹198.11 Cr withdrawn for construction, and a closing balance of ₹43.86 Cr.

Project Funding

How the promoter says the project is funded, filed as estimated and actual. On the actual filing the developer's OWN funds are ₹2.13 Cr (~1% of the total) against ₹8.47 Cr borrowed and ₹168.43 Cr from buyer receipts — a read on how much of the developer's own capital is committed versus riding on your money.

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+38 and 149 homes are registered across the project.

Unit mix on the filing: 149 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.

Plus 17 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:

Separately, 2 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 Akurli Village, Akurli Road, Mumbai City, Mumbai City, 400101. Per the filed land record, the plot is bounded to the north by P H Housing, to the south by Akurli Road, to the east by D P Road and to the west by I 3 Zone. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

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.