Home / Browse projects / Mumbai Suburban, Maharashtra / Altavista - Phase 4
Altavista - Phase 4
By SPENTA ENCLAVE PRIVATE LIMITED
RG-MH-28464 · RERA P51800026131 · Last updated on MahaRERA portal: 29 Apr 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 60 months
- 1 extension taken
- Rs 676.00 crore secured on the land, in favour of JM Financial Asset Reconstruction Company Ltd, Motilal Oswal Real Estate Investment Advisors II Pvt Ltd
- The charge is held by JM Financial Asset Reconstruction Company Ltd, a distressed-debt buyer or stressed-asset fund rather than an originating lender
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 2 earlier projects delivered on promise
4 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Altavista - Phase 4 is a Residential / Group Housing project by SPENTA ENCLAVE PRIVATE LIMITED in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800026131 on 21 Aug 2020. Possession is promised by 31 Dec 2029. The completion date has moved by 60 months from the original filing. 19 of the 113 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete.
At a glance
Project
- NameAltavista - Phase 4
- TypeResidential / Group Housing
- Location
- Off V.N. Purav Marg
- Chembur
- Kurla
- Mumbai Suburban
- 400071
- Pincode400071
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800026131
- ReraGenie IDRG-MH-28464
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on21 Aug 2020
- Promised completion31 Dec 2029
- Revised completionRevised to 31 Dec 2029 (originally 30 Dec 2024)
- Buildings1 building record
- Documents filed119 files
Current status
Figures as on 29 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing I | NA | 29 | 23 | 113 | 0 | 113 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 29 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
2 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
Wing I: 18% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 29 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed1
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Wing I | NA | Rs 60.16 cr | Rs 11.84 cr |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Rajan Pagnis |
| Architect | Rajendra Ulhas Pagnis |
| Engineer | Suresh Kamble |
| Chartered Accountant | Shashank R Jain and Associates |
| Chartered Accountant | Shashank R. Jain & Associates |
| Chartered Accountant | Paras Thakkar & Associates |
| Partner | Role in project |
|---|---|
| SPENTA ENCLAVE PRIVATE LIMITED | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe project was launched during Covid-19 pandemic. The restrictions implemented by the government during the pandemic delayed the construction activities at site. Once the pandemic situation eased out and the construction started at site, the company got admitted into NCLT which again halted the construction. Now the Resolution Professional who is appointed by NCLT to run the company has availed interim finance and have started construction activities at site. The flat purchasers who are part of committee of creditors(COC) in the COC meeting held on 28/01/2025 have approved by E-voting the res
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 102387/2012/2012 | City Civil Court | Framing Issues |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 7 Aug 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Aug 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 7 Aug 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Jul 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2029
Documents filed119
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 119 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Phase 4 Form 1.pdf | 29 Apr 2026 |
| Withdrawal Update Form 2File: Phase 4 Form 2.pdf | 29 Apr 2026 |
| Withdrawal Update Form 3File: System Generated P4 31032026 signed_compressed.pdf | 29 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 Q1FY2025-26 Altavista Phase 4.pdf | 13 Feb 2026 |
| Withdrawal Update Form 1File: Form 1 Q1FY2025-26 Altavista Phase 4.pdf | 13 Feb 2026 |
| Withdrawal Update Form 1File: Form1_Altavista Phase 4.pdf | 13 Feb 2026 |
| Withdrawal Update Form 1File: phase 4.pdf | 13 Feb 2026 |
| Withdrawal Update Form 2File: Form2_Altavista Phase 4.pdf | 13 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 Q1FY2025-26 Altavista Phase 4.pdf | 13 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 Phase 4 Q 2.pdf | 13 Feb 2026 |
| Withdrawal Update Form 2File: Phase 4 Form 2.pdf | 13 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 P4- 30062025.pdf | 13 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 P4- 30062025.pdf | 13 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 P4 -30092025.pdf | 13 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 Phase 4_compressed.pdf | 13 Feb 2026 |
| Form 5 (FY 2024-2025)File: Form 5_Altavista Phase 4.pdf | 23 Sep 2025 |
| Commencement certificateFile: Comemncement Certificate.pdf | 17 Jul 2025 |
| Form 2A (FY 2024-2025)File: Form 2A Altavista Phase 4_FY2024-25.pdf | 30 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Altavista P4_Q4FY2024-25.pdf | 28 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q4FY2024-25.pdf | 28 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altavista Phase 4_Q4FY2024-25.pdf | 23 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Altavista Phase 4_Q4FY2024-25.pdf | 18 Apr 2025 |
| Declaration in FORM BFile: Form B Phase4.pdf | 17 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory DIsclosure Q4FY2022-23.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q3FY2024-25.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q2FY2024-25.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q1FY2024-25.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q4FY2023-24.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q3FY2023-24.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q2FY2023-24.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure Q1FY2023-24.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory DIsclosure Q3FY2022-23.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory DIsclosure Q2FY2022-23.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory DIsclosure Q1FY2022-23.pdf | 30 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Q4FY2021-22_P4.pdf | 30 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Q3FY2024-25_Phase4_compressed.pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altvista Phase IV.pdf | 20 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Phase4_Q3FY2024-25.pdf | 16 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure_compressed.pdf | 19 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate- Phase4-Q2.pdf | 13 Dec 2024 |
| Declaration in FORM BFile: Affidavit cum declaration Rera Extension Phase4_0001.pdf | 12 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: P4 Form 3 30092024.pdf | 23 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: P4 - Form2.pdf | 23 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Altavista Phase 4.pdf | 16 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Project Altavista Phase 4_Scan.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form2A_Altavista Phase 4.pdf | 15 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Q1_P4.pdf | 16 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: P4 - Form2_Q1FY2024-25.pdf | 13 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: (P4) SPENTA ENCLAVE PVT LTD New FORM-3 30062024.pdf | 13 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - P4.pdf | 25 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 P4 31032024 Compressed.pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Altavista P4.pdf | 19 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altavista Phase 4 - Q3_compressed.pdf | 23 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 (P4)_compressed.pdf | 20 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Altavista P4.pdf | 19 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Phase 4.pdf | 22 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: (P4) FORM-3 30092023_compressed.pdf | 22 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Altavista P4.pdf | 20 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Altavista Phase 4- 2023_Signed.pdf | 30 Sep 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altavista Phase III.pdf | 26 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altavista phase IV.pdf | 26 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Phase 3 30062023_compressed.pdf | 26 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Phase 4 31032023_compressed.pdf | 12 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altavista Phase 4.pdf | 11 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Altavista Phase 4.pdf | 10 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q3_ALtavista P4.pdf | 4 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q3_ALtavista P4.pdf | 4 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Phase 4_compressed.pdf | 4 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Altavista P4_Q3_Form1.PDF | 10 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: Altavista Phase 4.PDF | 11 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: Altavista Phase 4.PDF | 11 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Phase 4_1_compressed.pdf | 19 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Altavista Phase IV_Q2FY23.PDF | 18 Oct 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: P4_1_compressed.pdf | 18 Oct 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Altavista Phase IV_Form 3_1_compressed.pdf | 17 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Phase 4_1.PDF | 14 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Altavista Phase-4.pdf | 14 Oct 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Phase 4.pdf | 14 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5_Altavista P4.pdf | 14 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Phase 4_compressed.pdf | 6 Oct 2022 |
Promoter's earlier projects2
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Altavista - Wing B | Altavista Off VN Purav Marg Chembur East Mumbai 400071 | 90 | Completed | Dec 2019 | Nov 2019 |
| Altavista - Wing A | Altavista Off VN Purav Marg Chembur East Mumbai 400071 | 90 | Completed | Dec 2019 | Nov 2019 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 5 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 119 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
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Builder: SPENTA ENCLAVE PRIVATE LIMITED
SPENTA ENCLAVE PRIVATE LIMITED has 6 registrations on MahaRERA, including Altavista - Phase 1 and Altavista - Phase 2. Its filings disclose 2 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if Altavista - Phase 4 is delayed beyond 31 Dec 2029?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of Altavista - Phase 4?
The registered promoter entity is SPENTA ENCLAVE PRIVATE LIMITED, a company as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in Altavista - Phase 4?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for Altavista - Phase 4?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at Altavista - Phase 4?
The professionals named in the filing: Architect: Rajan Pagnis; Architect: Rajendra Ulhas Pagnis; Engineer: Suresh Kamble; Chartered Accountant: Shashank R Jain and Associates; Chartered Accountant: Shashank R. Jain & Associates; Chartered Accountant: Paras Thakkar & Associates. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Altavista - Phase 4?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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