High risk
- Mortgaged to a lender (₹192 Cr). MahaRERA's financial encumbrance declaration shows this project has ₹192 Cr secured against a lender — a lender's claim can outrank a buyer's if the promoter defaults.
- Behind schedule. Possession is due Dec 2026 but construction is only at 42.7%.
- Promised amenities not started. Landscaped Garden is at 0% build with possession due Dec 2026 per the RERA filing.
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Where it is · 1765, Mumbai City
Promoter
Builder profile
Park 55
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Architect
Design profile
Redkar & Redkar Architects and Planners
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Official RERA facts
- Registration
- P51900054331
- Status
- New
- Stage
- Certificate Signed
- Possession
- December 2026
- Construction
- 42.7% complete
- Units sold
- 3 of 43
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Research
Data sourced from the official MahaRERA portal; complaints last synced 14 Aug 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.