Home / Browse projects / Mumbai Suburban, Maharashtra / Arkade Aspire
Arkade Aspire
By Arkade Developers Private Limited
RG-MH-54874 · RERA P51800034603 · Last updated on MahaRERA portal: 15 Oct 2024
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 8 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 12 other registrations.
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Arkade Aspire is a Others project by Arkade Developers Private Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800034603 on 11 Apr 2022. The registration is recorded completed; possession was promised by 31 Dec 2025.
At a glance
Project
- NameArkade Aspire
- TypeOthers
- Location
- I B Patel Road
- Goregaon East
- Borivali
- Mumbai Suburban
- 400063
- Pincode400063
- RERA no.P51800034603
- ReraGenie IDRG-MH-54874
Builder
- NameArkade Developers Private Limited
- Entity typeCompany
- DirectorsAmit Mangilal Jain, Sandeep Ummedmal Jain, Arpit Vikram Jain, Sandeep Ummedmal Jain, Arpit Vikram Jain, Amit Mangilal Jain
- Other registrations12 more →
- Completed10 of 13
- No longer live3 lapsed, de-registered or revoked
- Declared earlier projects27 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on11 Apr 2022
- Promised completion31 Dec 2025
- Revised completionNone
- Buildings3 building records
- Documents filed115 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing A | NA | 24 | 0 | 0 | 0 | 0 |
| Wing B | NA | 24 | 0 | 0 | 0 | 0 |
| Wing C | NA | 4 | 0 | 0 | 0 | 0 |
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 building3
As on 15 Oct 2024, 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.
21 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Staircases, at 96%.
Wing A86%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 50% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 93% |
Wing B86%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 50% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 93% |
Wing C70%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 90% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 96% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 89% |
Progress on shared amenities18
As on 15 Oct 2024, 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 | 100% |
| Water Supply | Yes | 75% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 25% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 85% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
| Swimming Pool | Yes | 50% |
| Fitness Center Society Office | Yes | 80% |
| Car parking System | Yes | 85% |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Kalakruti Architects & Planners |
| Engineer | Jignesh Mohan Patel |
| Chartered Accountant | Santosh B Morge & co |
| Chartered Accountant | Amit T Jain & Co. |
| Partner | Role in project |
|---|---|
| Arkade Developers Private Limited | - |
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 31 Mar 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Sep 2023 - 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 Sep 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 8 Mar 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 12 Aug 2024
Documents filed115
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 115 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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Arkade Aspire Form 5-R.pdf | 15 Oct 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4_Arkade Aspire.pdf | 13 Aug 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Aspire OC.pdf | 12 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Aspire Jun 24.pdf | 13 Jul 2024 |
| Details of encumbrancesFile: Encumbrance bajaj 40 crore with index 2_compressed.pdf | 2 May 2024 |
| Disclosure of sold/ booked inventoryFile: Sold UnSold March 24 Arkade Aspire_compressed.pdf | 25 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Arkade Aspire Form 3 (March 2024) (1)_compressed.pdf | 25 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Untitled_20240424_103009_aspire mar 24_compressed.pdf | 24 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Arkade Aspire Form 2 March 2024.pdf | 23 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Arkade Aspire Form 2 March 2024.pdf | 20 Apr 2024 |
| Details of encumbrancesFile: Encumbrance letter BHFL - 20 cr.pdf | 16 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 2A Arkade Aspire March 24.pdf | 11 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Aspire March 2024.pdf | 11 Apr 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Arkade Aspire March 24.pdf | 10 Apr 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC ASPIRE REVALIDATED TILL 2025.pdf | 8 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Aspire Dec 23-1.pdf | 6 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Arkade Aspire Dec 23.pdf | 31 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Arkade Aspire Dec 23.pdf | 31 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Arkade Aspire_FurtherCC__18012024.pdf | 24 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Dec 23 Aspire.pdf | 22 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 - Arkade Aspire - Mar 23.pdf | 6 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA Form 2 - Engg Certificate - Arkade Aspire Sep 23.pdf | 3 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA Form 2 - Engg Certificate - Arkade Aspire Sep 23_compressed.pdf | 3 Nov 2023 |
| Disclosure of sold/ booked inventoryFile: Arkade Aspire - Declaration of Sold Unsold Units - Sep 23_compressed.pdf | 2 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Aspire Sept 23_compressed.pdf | 1 Nov 2023 |
| Details of encumbrancesFile: Encumbrance Certificate - Arkade Aspire.pdf | 25 Oct 2023 |
| Details of encumbrancesFile: Index 2 - BHFL 85 Crs loan.pdf | 25 Oct 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_Arkade Aspire_80 crs.pdf | 25 Oct 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_Arkade Aspire_85 crs.pdf | 25 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Sept 23 Arkade Aspire.pdf | 9 Oct 2023 |
| Building plan approvalFile: Plan ApprovalAspire06092023.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-1.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-2.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-3.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-4.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-5.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-6.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-7.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-8.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-9.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-10.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-11.pdf | 7 Sep 2023 |
| Layout approvalFile: Approval Plan-12.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-1.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-2.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-3.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-4.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-5.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-6.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-7.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-8.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-9.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-10.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-11.pdf | 7 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: Approval Plan-12.pdf | 7 Sep 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan ApprovalAspire06092023.pdf | 7 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Arkade Aspire March 23.pdf | 16 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Declaration June 23 - Arkade_Aspire.pdf | 16 Aug 2023 |
| Proforma of Agreement for saleFile: Draft Agreement Aspire- WORD.pdf | 16 Aug 2023 |
| Details of encumbrancesFile: Index II -BHFL to ADPL Aspire.pdf | 14 Aug 2023 |
| CERSAI detailsFile: CERSAI_REPORT.pdf | 14 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Upload.pdf | 29 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Arkade Aspire Form 3 upload.pdf | 29 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - June,23 Aspire.pdf | 10 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Upload.pdf | 30 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Arkade Aspire.pdf | 17 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Arkade Aspire.pdf | 9 May 2023 |
| Details of encumbrancesFile: RERA Encumbrances certificate_BHFL_Aspire project.pdf | 19 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Arkade Aspire Dec 2022_compressed_11zon.pdf | 19 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Arkade Aspire Dec 2022_compressed.pdf | 17 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Aspire.pdf | 11 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Arkade Aspire Form 3 Sept 22_11zon.pdf | 14 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Arkade Aspire.pdf | 8 Nov 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Arkade Aspire.pdf | 8 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate -changes.pdf | 22 Aug 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate-Aspire.pdf | 22 Jul 2022 |
| Building plan approvalFile: Approved IOD 1 to 6 1.pdf | 31 Mar 2022 |
| Layout approvalFile: Drawing 1 to 6 1.pdf | 31 Mar 2022 |
| Layout approvalFile: Drawing 1 to 6 2.pdf | 31 Mar 2022 |
| Layout approvalFile: Drawing 1 to 6 3.pdf | 31 Mar 2022 |
Promoter's earlier projects8
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 |
|---|---|---|---|---|---|
| Arkade Earth-Carnation | Arkade Earth Kanjurmarg East Mumbai 63 | 86 | Completed | Dec 2023 | Apr 2021 |
| Arkade Earth-Bluebell | Arkade Earth Kajurmarg East Mumbai 63 | 86 | Completed | Dec 2023 | Apr 2021 |
| Arkade Earth-Aspen | Arkade Earth Kanjurmagr East Mumbai 63 | 86 | Completed | Dec 2023 | Apr 2021 |
| Arkade Earth-Gardenia | Arkade Earth Kanjurmarg East Mumbai 63 | 86 | Completed | Dec 2022 | Feb 2020 |
| Arkade Earth-Fern | Arkade Earth Kanjurmarg East Mumbai 63 | 86 | Completed | Dec 2022 | Feb 2020 |
| Arkade Earth-Ebony | Arkade Earth Kanjurmarg East Mumbai 63 | 86 | Completed | Dec 2022 | Feb 2020 |
| Arkade Earth-Daffodil | Arkade Earth Kanjurmarg East Mumbai 63 | 86 | Completed | Dec 2022 | Feb 2020 |
| Arkade Adornia | Arkade Adornia Jayprakash Nagar Road No.2 Goregaon East Mumbai 400063 | 82 | Completed | Dec 2017 | May 2017 |
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Buyer report
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- All 115 filed documents as one ZIP, foldered, with a manifest
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Builder: Arkade Developers Private Limited
Arkade Developers Private Limited has 13 registrations on MahaRERA, including ARKADE EARTH-ASPEN and ARKADE EARTH- BLUEBELL. Its filings disclose 27 earlier MahaRERA projects: declares 23 of 27 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 Arkade Aspire is delayed beyond 31 Dec 2025?
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 Arkade Aspire?
The registered promoter entity is Arkade Developers 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 Arkade Aspire?
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 Arkade Aspire?
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 Arkade Aspire?
The professionals named in the filing: Architect: Kalakruti Architects & Planners; Engineer: Jignesh Mohan Patel; Chartered Accountant: Santosh B Morge & co; Chartered Accountant: Amit T Jain & Co.. 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 Arkade Aspire?
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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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