PropPin
High risk
  • Mortgaged to a lender (β‚Ή18 Cr). MahaRERA's financial encumbrance declaration shows this project has β‚Ή18 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.
Vile Parle East / AirportUpper-mid

Institutional belt (colleges, airport) with steady society redevelopment.

Growth drivers:
Airport economy, Metro 3, education cluster.
Who buys here:
Airline/airport professionals, Parle loyalists.

PropPin area guide β€” editorial, not a RERA disclosure.

Promoter

Builder profile

Builder
LAKSHMI BUILDERS DEVELOPER LLP

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

Official RERA facts

Registration
PR1180002600675
Status
New
Stage
Certificate Signed
Possession
May 2029
Construction
β€”
Units sold
0 of 21

Similar projects in Vile Parle (E)

Other MahaRERA-registered projects in the same locality β€” useful for a like-for-like comparison.

Data sourced from the official MahaRERA portal; complaints last synced 25 Jul 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.