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Registered Litigation declared Residential / Group Housing project

Aureate

By NEXT SPACE REALTY LLP

RG-MH-54103 · RERA P51800047880 · Last updated on MahaRERA portal: 25 Aug 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 1 case

Clear

  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

1 condition is 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.

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Jun 2027Possession promisedno revision filed
8 of 11Construction stages donefurthest along: External plumbing and external plaster, 95%
14 of 28Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 81 documents Report an error

Aureate is a Residential / Group Housing project by NEXT SPACE REALTY LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800047880 on 1 Dec 2022. Possession is promised by 30 Jun 2027. 14 of the 28 units on this registration are recorded sold or booked, and 8 of 11 construction stages are filed complete.

At a glance

Project

  • NameAureate
  • TypeResidential / Group Housing
  • Location
    • R M Bhattad Road Korea Kendra
    • Borivali West
    • Borivali
    • Mumbai Suburban
    • 400092
  • Pincode400092
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800047880
  • ReraGenie IDRG-MH-54103

Builder

  • NameNEXT SPACE REALTY LLP
  • Entity typePartnership
  • PartnersAgrim Dhiraj Savla, Bhawin Motilal Savla, Lakhamshi Premji Nisar, Kantilal Premji Nisar, Bhavesh Devji Shah, Shamji Kheraj Chheda, Chandana Bhawin Savla, Ishan Chetan Mehta (For Reagle Realty LLP), Mohanlal Kaluram Bhadwa

Key dates

this monthRegisteredDec 2022PromisedJun 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on1 Dec 2022
  • Promised completion30 Jun 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed81 files

Current status

50%14 of 28 units booked
97.4%Work done, per cost certificate

Figures as on 25 Aug 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AureateNA221725328

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 25 Aug 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.

8 of 11 construction stages are filed complete. The stage furthest along is External plumbing and external plaster, at 95%.

Aureate: 90% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.95%
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.95%

Progress on shared amenities15

As on 25 Aug 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 & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes95%
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes95%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed65

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.

Total parking slots65
Closed/Covered65

Land and ownership

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 area1,294 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on30 Jun 2025

Approvals and building plan

Sanctioning authorityMUNICIPAL CORPORATION OF GREATER MUMBAI
Permissible FSI4363.87
Proposed, not sanctioned4,364 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 branchHDFC BANK LTD 11 Anajana Apartment SV ROAD Shimpoli junction Borivali West Mumbai 400092
Estimated costRs 31.06 cr
Cost incurredRs 30.25 cr
Work done97.4%
BuildingWingEstimatedIncurred
AureateNARs 26.37 crRs 25.90 cr
-NARs 4.69 crRs 4.35 cr

Certifying professionals and partners4

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

RoleName
ArchitectH M Jhaveri & Sons
EngineerJiten Patel
Chartered AccountantShah & Vejani
Chartered AccountantDarshan Kishor Shah
PartnerRole in project
NEXT SPACE REALTY LLP-

Litigation declared1

CaseCourtStatus
314/2021City Civil Court DindoshiOngoing

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 21 Oct 2022
  2. Layout approvalOn the file

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

    uploaded 14 Jul 2022
  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 25 Feb 2023
  4. Commencement CertificateOn the file

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

    uploaded 14 Jul 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 27 Jul 2024

Documents filed81

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 81 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.

DocumentUploaded
Form 2A (FY 2025-2026)File: Quality Certificate Form2A final to Uploan FY 2025-26.pdf25 Aug 2026
Withdrawal Update Form 1File: RERA Form1Signed.pdf20 Jul 2026
Withdrawal Update Form 2File: FORM 2_16-07-2026_R0_AUREATE_mail.pdf20 Jul 2026
Withdrawal Update Form 3File: Withdrawal Application Form3 (11)_Signed.pdf20 Jul 2026
Withdrawal Update Form 1File: RERA Form 1.pdf24 Apr 2026
Withdrawal Update Form 2File: RERA FORM 2.pdf24 Apr 2026
Withdrawal Update Form 3File: Withdrawal Application Form3_Signed.pdf24 Apr 2026
Form 5 (FY 2025-2026)File: Form 5_Signed_.pdf24 Apr 2026
Withdrawal Update Form 1File: FORM 1_Q3.pdf23 Jan 2026
Withdrawal Update Form 2File: FORM 2_Q3.pdf23 Jan 2026
Withdrawal Update Form 3File: Withdrawal Application Form3_Signed.pdf23 Jan 2026
Form 2A (FY 2024-2025)File: Form-2A Final.pdf5 Jan 2026
Withdrawal Update Form 1File: RERA Form1 -Signed.pdf22 Dec 2025
Withdrawal Update Form 2File: FORM 2_12-11-2025_R1_AUREATE_mail.pdf22 Dec 2025
Withdrawal Update Form 3File: Withdrawal Application Form3-Signed.pdf22 Dec 2025
Form 5 (FY 2024-2025)File: Form-5 Final to Upload.pdf26 Sep 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA CERTIFICATE FORM 1.pdf25 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 Signed.pdf25 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf25 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1_Q3_FY 2024-25.PDF15 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3_Next Space Realty LLP_Q3_FY 24-25_E Signed.pdf10 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_09-01-2025_R0_AUREATE_mail (1).pdf10 Jan 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Final Form 2A_FY 2023-24_To be Upload.pdf16 Nov 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Final Form 2A_FY 2023-24_To be Upload.pdf16 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA CERTIFICATE FORM 1.pdf26 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3_Q2_FY 2024-25 Signed.pdf26 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_21-10-2024.pdf26 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 (Next Space Realty LLP) 23-24-Signed.pdf14 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_06-08-2024_R0_AUREATE_E Signed.pdf6 Aug 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Q1_FY 2024-25_signed.pdf6 Aug 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Next Space Realty LLP_Q1_FY 2024-25_Signed.pdf6 Aug 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 2326598_FirstCC_signed.pdf27 Jul 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 2382875_FurtherCC_signed.pdf27 Jul 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: PART OC 12-7-24.pdf27 Jul 2024
Proforma of Agreement for saleFile: revised_Next_Space_RERA_AFS.pdf8 Jul 2024
Other - LegalFile: Document1_merged.pdf3 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_08-05-2024_R0_AUREATE_mail.pdf8 May 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_ Q4 Final-Signed.pdf8 May 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_ Q4 Final-Signed.pdf8 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Engineer Certificate.pdf8 Feb 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3_Q3_E Signed.pdf7 Feb 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Q2_to be upload.pdf8 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_Q2_To be upload.pdf8 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Revised Form 3_to be upload_Q2.pdf8 Dec 2023
Proforma of Agreement for saleFile: Agreement Draft 02 Dec 2023 Latest.pdf2 Dec 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Final Form 5 (To be Upload).pdf25 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Arc Cer_Q1_FY 23-24.pdf5 Sep 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engi Cert_Q1_FY 23-24.pdf5 Sep 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engi Cert_Q1_FY 23-24.pdf5 Sep 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3_Q1_FY 2023-24_E Signed.pdf5 Sep 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf21 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf21 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate.pdf13 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate FORM 2_05-07-2022_R0_AUREATE.pdf13 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_07-01-2023_R0_AUREATE_mail - E Signed.pdf13 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_07-04-2023_R0_AUREATE_mail-E Signed.pdf13 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 (10-06-23 to 31-12-23)-Esigned.pdf13 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Next Space Realty LLP (Jan 23 to Mar 23) - Esigned.pdf13 Apr 2023
Building plan approvalFile: Revised Floor Plans.pdf25 Feb 2023
Building Plan Approval / NA Order for plotted developmentFile: Revised Floor Plans.pdf25 Feb 2023
Deviation Report with respect to model copy of AgreementFile: DR New.pdf19 Nov 2022
Proforma of Agreement for saleFile: AFS 18 Nov 2022.pdf18 Nov 2022
Copy of the legal title reportFile: Legal Title Report.pdf21 Oct 2022
Copy of the legal title reportFile: Flow of the Title(Oct - 22).pdf21 Oct 2022
Proforma of Allotment letterFile: AL Updated 10-10-2022.pdf10 Oct 2022
Deviation Report with respect to Allotment letterFile: Deviation AL.pdf10 Oct 2022
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about Separate Bank Account.pdf22 Sep 2022
Layout approvalFile: Approved Plan LP.pdf14 Jul 2022
Building plan approvalFile: Approved Plan BP 1.pdf14 Jul 2022
Building plan approvalFile: Approved Plan BP 2.pdf14 Jul 2022
Details of encumbrances concerned to FinanceFile: No Encumberance Finance.pdf14 Jul 2022
Details of encumbrances concerned to LegalFile: Letter Concerninig Legal Encumbrances.pdf14 Jul 2022
Copy of Layout Approval (in case of layout)File: Approved Plan LP.pdf14 Jul 2022
Building Plan Approval / NA Order for plotted developmentFile: Approved Plan BP 1.pdf14 Jul 2022
Building Plan Approval / NA Order for plotted developmentFile: Approved Plan BP 2.pdf14 Jul 2022
Commencement Certificates / NA Order for plotted developmentFile: FirstCC 03062022.pdf14 Jul 2022
Declaration about Commencement CertificateFile: Declaration CC_compressed.pdf14 Jul 2022
Declaration in FORM BFile: Form B.pdf14 Jul 2022
CERSAI detailsFile: CERSAI_Search_Report.pdf14 Jul 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 03 1 2 3-1-8.pdf14 Jul 2022

How this compares with Mumbai Suburban

50%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one has not
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 Borivali West6,700+ in Mumbai Suburban

2 kmAureateCompleted 136Lapsed / revoked 76Other 209Dot size: filed unitsN

Filed coordinates, straight-line distance. 421 registered projects within 2 km.

Builder: NEXT SPACE REALTY LLP

NEXT SPACE REALTY LLP has 1 registration on MahaRERA, including Aureate. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 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 Aureate is delayed beyond 30 Jun 2027?

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 Aureate?

The registered promoter entity is NEXT SPACE REALTY LLP, a partnership 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 Aureate?

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 Aureate?

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 Aureate?

The professionals named in the filing: Architect: H M Jhaveri & Sons; Engineer: Jiten Patel; Chartered Accountant: Shah & Vejani; Chartered Accountant: Darshan Kishor Shah. 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 Aureate?

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; how the declared litigation on this registration affects your risk; whether construction progress keeps pace with sales in the coming quarters. 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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