- Mortgaged to a lender (₹14 Cr). MahaRERA's financial encumbrance declaration shows this project has ₹14 Cr secured against a lender — 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 — read the actual clauses before signing.
The western line's volume market — dense affordable towers past Mira Road.
- Growth drivers:
- Suburban rail quadrupling, coastal-road extensions, MMR's biggest affordable pipeline.
- Who buys here:
- Budget-first buyers who commute the western line.
PropPin area guide — editorial, not a RERA disclosure.
Official RERA facts
- Registration
- PR1240002501426
- Status
- New
- Stage
- Certificate Signed
- Possession
- December 2030
- Construction
- —
- Units sold
- 73 of 154
RERA complaint record0 records
No complaints disclosed on MahaRERA (checked 24 Jul 2026).
MahaRERA's financial encumbrance declaration shows this project has ₹14 Cr secured against a lender. If the promoter defaults, the lender's claim can outrank a buyer's — worth raising with the builder before booking.
The promoter's allotment letter or agreement for sale is flagged as deviating from MahaRERA's standard proforma — read the actual clauses carefully before signing.
Landowner
SUMATINATH BUILDERS, Naresh Sunderlal Jain, SUMATINATH REALTORS
Building & registration
- RERA registered
- Nov 2025
- Floors
- 24
- Unit mix
- 154 res · 0 comm
- Plot / CTS / survey no.
- Survey No 187/B, Survey No 188/B (Old Part) Village Nilemore
- Planning authority
- Vasai Virar City Municipal Corporation
- Approved layout land
- 7,660 sq.m
- Land for this registration
- 479.09 sq.m
- Recreational open space
- 0 sq.m
- Permissible built-up area
- 10,055.92 sq.m
- Promoter contact
- MK GROUP
- Registered office
- Sukh Angan Chs Ltd
- North
- Building
- South
- Building
- East
- Building
- West
- Open
Project bank account
The RERA-designated account this project's payments should go to — verify before wiring any money.
- AXIS BANK — 160161IFSC UTIB0000454LIC HOUSING FINANCE LTD, 1ST FLOOR, SHRIPAL PLAZA,
- AXIS BANK — 160161IFSC UTIB0000454LIC HOUSING FINANCE LTD, 1ST FLOOR, SHRIPAL PLAZA,
Commencement Certificate documents
- cc mk proud.pdf1+ yr old
- cc mk.pdf1+ yr old
Buyer community
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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.