High risk
  • Mortgaged to a lender (₹1200 Cr). MahaRERA's financial encumbrance declaration shows this project has ₹1200 Cr secured against a lender — a lender's claim can outrank a buyer's if the promoter defaults.
  • Possession delayed ~3 yrs. Originally promised Dec 2025, now proposed Aug 2028 per the RERA filing.
  • 12 RERA complaints. 12 complaint records are disclosed against this project on MahaRERA.
Satellite view of this address

Where it is · 661/1/7 661/1/6, Kurla

Area guide

What it's like to buy in Kurla

Tap any point for how it was derived. IGR points are computed from real government property-registration records; RERA points come from this project's own MahaRERA filing; EDITORIAL points are PropPin's own area judgement, not data.

MulundUpper-mid

Leafy eastern-suburb favourite with big redevelopment supply.

Growth drivers:
Eastern Express Highway, proposed Goregaon–Mulund link, mall belt.
Who buys here:
Eastern-suburb families upgrading within the area.

PropPin area guide — editorial, not a RERA disclosure.

Promoter

Builder profile

Builder
Ricardo Constructions Private Limited

View the promoter’s full developer profile and other projects under the same builder group.

Official RERA facts

Registration
P51800012386
Status
Ongoing
Stage
Certificate Signed
Possession
August 2028originally December 2025
Construction
0% complete
Units sold
18 of 155

Similar projects in Kurla

Other MahaRERA-registered projects in the same locality — useful for a like-for-like comparison.

Keep exploring

Where this project sits, who built it, and how Kurla compares.

Data sourced from the official MahaRERA portal; complaints last synced 4 Aug 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.