High risk
- Mortgaged to a lender (βΉ22 Cr). MahaRERA's financial encumbrance declaration shows this project has βΉ22 Cr secured against a lender β a lender's claim can outrank a buyer's if the promoter defaults.
- Agreement deviates from RERA model form. The promoter's allotment letter or agreement for sale is flagged as deviating from MahaRERA's standard proforma β read the actual clauses before signing.
Parel / Dadar EastPremium
Mill-land towers around Maharashtra's busiest rail junction.
- Growth drivers:
- Hospital cluster jobs, central location, mill plot launches.
- Who buys here:
- South-Bombay workers wanting new construction.
PropPin area guide β editorial, not a RERA disclosure.
Promoter
Builder profile
AVENUE 18
View the promoterβs full developer profile and other projects under the same builder group.
No other projects are linked to this promoter yet.
Official RERA facts
- Registration
- PR1170002501596
- Status
- New
- Stage
- Certificate Signed
- Possession
- December 2028
- Construction
- β
- Units sold
- 0 of 50
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Data sourced from the official MahaRERA portal; complaints last synced 24 Jul 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.