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Registered No litigation declared Residential / Group Housing project

Altus

By Lodha Developers Limited

RG-MH-18606 · RERA P51800077358 · Last updated on MahaRERA portal: 23 Jun 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 1 earlier projects delivered on promise

2 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.
Dec 2030Possession promisedmoved 12 months from the original
3 of 11Construction stages donefurthest along: Slabs of Super Structure, 14%
41 of 204Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 72 documents Report an error

Altus is a Residential / Group Housing project by Lodha Developers Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800077358 on 9 Aug 2024. Possession is promised by 31 Dec 2030. The completion date has moved by 12 months from the original filing. 163 of the 204 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.

At a glance

Project

  • NameAltus
  • TypeResidential / Group Housing
  • Location
    • Off. S V Road
    • Sai Baba Nagar Mandir Marg
    • Magathane
    • Borivali
    • Mumbai Suburban
    • 400092
  • Pincode400092
  • RERA no.P51800077358
  • ReraGenie IDRG-MH-18606

Builder

  • NameLodha Developers Limited
  • Entity typeCompany
  • CINL45200MH1995PLC093041
  • GSTIN27AAACL1490J1ZG
  • MdAbhishek Mangalprabhat Lodha
  • Other registrations178 more →
  • Completed16 of 179
  • No longer live3 lapsed, de-registered or revoked
  • Past their filed date3
  • Declared earlier projects22 →

Key dates

this monthRegisteredAug 2024First promiseDec 2029Revised toDec 2030

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on9 Aug 2024
  • Promised completion31 Dec 2030
  • Revised completionRevised to 31 Dec 2030 (originally 31 Dec 2029)
  • Buildings1 building record
  • Documents filed72 files

Current status

80%163 of 204 units booked
19.2%Work done, per cost certificate

Figures as on 23 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Wing A and BNA442040204

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 23 Jun 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.

3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 14%.

Wing A and B: 29% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth0%
Stilt Floor100%
Slabs of Super Structure14%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 23 Jun 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Land and ownership2

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area6,099 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on19 Sep 2025
LandownerVillageDistrict
Om Shree Geetanjali Nagar A&B Co-Op HSG Socity LTDMagathaneMumbai Suburban
Om Shree Geetanjali Nagar C Co-Op Hsg Society LtdMagathaneMumbai Suburban

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI31715.0
Proposed, not sanctioned29,593 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchRBL BANK LTD,DHANNUR HOUSE,15,SIR P M ROAD, FORT,MUMBAI-400001
Estimated costRs 407.32 cr
Cost incurredRs 78.28 cr
Work done19.22%
BuildingWingEstimatedIncurred
Wing A and BNARs 264.76 crRs 50.88 cr
-NARs 142.56 crRs 27.40 cr

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectPradeep M Kamble
EngineerBharamu Naik
EngineerK C Shah Consultants
Chartered AccountantChirag Sarvaiya & Co
Chartered AccountantM S K A & Associates
PartnerRole in project
Lodha Developers Limited-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EA28012619607Dec 2029 → Dec 2030

Reason as filed by the promoterConstruction delay resulting from directives issued by the National Green Tribunal

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 31 Jul 2024
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 4 Apr 2025
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 4 Apr 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 29 Jul 2024Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 2030

Documents filed72

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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.

DocumentUploaded
Form 2A (FY 2025-2026)File: FORM 2A - Altus - P51800077358.pdf23 Jun 2026
Withdrawal Update Form 1File: CC and Building Plans 1 to 7.pdf5 Jun 2026
Withdrawal Update Form 1File: Bldg Plan 12-14.pdf5 Jun 2026
Withdrawal Update Form 2File: Bldg Plan 8-11.pdf5 Jun 2026
Withdrawal Update Form 2File: 20260311 - ATV - 5th Amended Approval Plan.pdf5 Jun 2026
Withdrawal Update Form 3File: Altus Form-3--.pdf5 Jun 2026
Withdrawal Update Form 3File: Altus Form-3--.pdf5 Jun 2026
Withdrawal Update Form 1File: Form-1 Altus - Mar-26.pdf16 Apr 2026
Withdrawal Update Form 2File: Altus Form 2--.pdf16 Apr 2026
Withdrawal Update Form 3File: Altus Form-3--.pdf16 Apr 2026
Withdrawal Update Form 1File: Form-1 Altus- Dec-25.pdf24 Jan 2026
Withdrawal Update Form 2File: Altus Form 2.pdf24 Jan 2026
Withdrawal Update Form 3File: Altus Form-3.pdf24 Jan 2026
Withdrawal Update Form 1File: Form-1 Altus- sep-25.pdf25 Oct 2025
Withdrawal Update Form 2File: Form-2 Altus - P51800077358.pdf25 Oct 2025
Withdrawal Update Form 3File: Altus - Form 3.pdf25 Oct 2025
Form 5 (FY 2024-2025)File: Altus - 77358.pdf14 Oct 2025
Form 2A (FY 2024-2025)File: Borivali Project to Altus - P51800077358 - Form 2A.pdf25 Jul 2025
Form 1File: Altus - Form1 - July 25.pdf18 Jul 2025
Form 2File: Form 2 - Altus- June-25.pdf18 Jul 2025
Form 3File: Form 3 - Altus- June-25.pdf18 Jul 2025
Disclosure of Sold and Booked InventoryFile: Sold Unsold Altus-June-25.pdf18 Jul 2025
Form 1File: Form 1- Altus Mar-25.pdf20 Jun 2025
Form 2File: Form 2 - Altus -Mar 25.pdf20 Jun 2025
Form 3File: Form 3- Altus - Mar 25_Revised.pdf20 Jun 2025
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold (Altus )- Mar 25.pdf20 Jun 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Altus.pdf2 May 2025
Layout approvalFile: 20250404 BGS Block Plan.pdf4 Apr 2025
Building plan approvalFile: 1-pdf.pdf4 Apr 2025
Building plan approvalFile: 2-pdf.pdf4 Apr 2025
Building plan approvalFile: 01-05 (1)-pages-1.pdf4 Apr 2025
Building plan approvalFile: 01-05 (1)-pages-2.pdf4 Apr 2025
Copy of Layout Approval (in case of layout)File: 20250404 BGS Block Plan.pdf4 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: 1-pdf.pdf4 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: 2-pdf.pdf4 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: 01-05 (1)-pages-1.pdf4 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: 01-05 (1)-pages-2.pdf4 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Lodha Altus Sold Unsold Signed.pdf28 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Borivali Project - Dec 24 Signed.pdf28 Feb 2025
Disclosure of sold/ booked inventoryFile: Lodha Altus Sold Unsold Signed.pdf28 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Borivali Project.pdf24 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Borivali Project.pdf5 Nov 2024
Declaration in FORM BFile: Form B.pdf5 Aug 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf5 Aug 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Interest Disclosure Final.pdf5 Aug 2024
Other - FinanceFile: Declaration.pdf5 Aug 2024
Other - FinanceFile: 11 01 2024_POA of Regd No 493-2024 - Compress.pdf5 Aug 2024
Other - FinanceFile: 11 01 2024_POA of Regd No 493-2024 - Compress.pdf5 Aug 2024
Copy of the legal title reportFile: 0622_001.pdf31 Jul 2024
Building plan approvalFile: 20240517-BGS-Zero FSI IOD plan-pages-2.pdf29 Jul 2024
Layout approvalFile: layout - Final 2.pdf29 Jul 2024
PAN CardFile: 1 PAN Card.pdf29 Jul 2024
Details of encumbrances concerned to FinanceFile: Finance Encumbrances.pdf29 Jul 2024
Details of encumbrances concerned to FinanceFile: Legal Encumbrances.pdf29 Jul 2024
Details of encumbrances concerned to LegalFile: Finance Encumbrances.pdf29 Jul 2024
Details of encumbrances concerned to LegalFile: Legal Encumbrances.pdf29 Jul 2024
Copy of Layout Approval (in case of layout)File: layout - Final 2.pdf29 Jul 2024
Building Plan Approval / NA Order for plotted developmentFile: 20240517-BGS-Zero FSI IOD plan-pages-2.pdf29 Jul 2024
Commencement Certificates / NA Order for plotted developmentFile: 2436563_FirstCC_signed - CC.pdf29 Jul 2024
Declaration about Commencement CertificateFile: 0594_001.pdf29 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf29 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf29 Jul 2024
CERSAI detailsFile: Cersai Declaration.pdf29 Jul 2024
CERSAI detailsFile: CERSAI_Search_Report_200315154077_For_Asset_Based_Search_29_07_2024_14_50_28_898.pdf29 Jul 2024
Disclosure for secured/unsecured finance availed for the projectFile: Secure and Unsecure by promoter.pdf29 Jul 2024
Proforma of Agreement for saleFile: Proforma of Agreement for sale.pdf29 Jul 2024
Proforma of Allotment letterFile: Proforma of Allotment Letter.pdf29 Jul 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Bank Declaration - Format A.pdf29 Jul 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B - By Bank - Borivali Project.pdf29 Jul 2024
Deviation Report with respect to Allotment letterFile: 1 Deviation Report with respect to Allotment letter.pdf29 Jul 2024
Deviation Report with respect to model copy of AgreementFile: 1 Deviation Report with respect to model copy of Agreement.pdf29 Jul 2024
Other - TechnicalFile: Order No 50.pdf29 Jul 2024

Promoter's earlier projects1

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.

1 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
Liana BP51700033964Dombivali, Thane140Mar 2022CompletedFeb 2026Jun 2024

How this compares with Mumbai Suburban

80%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one moved by 12 months
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Sai Baba Nagar Mandir Marg6,700+ in Mumbai Suburban

Builder: Lodha Developers Limited

LODHA DEVELOPERS LIMITED has 179 registrations on MahaRERA, including Lodha Adrina and Mhatre Compound. Its filings disclose 22 earlier MahaRERA projects: declares 9 of 10 past projects completed on time. Litigation is declared on 39 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if Altus is delayed beyond 31 Dec 2030?

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 Altus?

The registered promoter entity is Lodha Developers Limited, a company as per the filing. Its CIN L45200MH1995PLC093041 and GSTIN 27AAACL1490J1ZG can be cross-checked on the MCA and GST portals. 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 Altus?

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 Altus?

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 Altus?

The professionals named in the filing: Architect: Pradeep M Kamble; Engineer: Bharamu Naik; Engineer: K C Shah Consultants; Chartered Accountant: Chirag Sarvaiya & Co; Chartered Accountant: M S K A & 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 Altus?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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