Home / Browse projects / Mumbai Suburban, Maharashtra / Building No. 1 - Sai Indu Tower
Building No. 1 - Sai Indu Tower
By G K Realtors
RG-MH-57426 · RERA P51800049986 · Last updated on MahaRERA portal: 31 Dec 2024
Source: official MahaRERA filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Building No. 1 - Sai Indu Tower is a Commercial project by G K Realtors in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800049986 on 6 Mar 2023. The registration is recorded completed; possession was promised by 30 Jun 2025. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameBuilding No. 1 - Sai Indu Tower
- TypeCommercial
- Location
- L.B.S. Marg
- Bhandup West
- Mumbai
- Bhandup
- Kurla
- Mumbai Suburban
- 400078
- Pincode400078
- RERA no.P51800049986
- ReraGenie IDRG-MH-57426
Builder
- NameG K Realtors
- Entity typePartnership
- GSTIN27AAJFG2019C1ZU
- PartnersGanesh Shiva Thakur, Kartik Shiva Thakur HUF
- Other registrations1 more →
- Completed2 of 2
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on6 Mar 2023
- Promised completion30 Jun 2025
- Revised completionRevised to 30 Jun 2025 (originally 30 Jun 2024)
- Buildings1 building record
- Documents filed48 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building No-1 | NA | 22 | 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 building1
As on 31 Dec 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.
11 of 11 construction stages are filed complete.
Building No-1: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 31 Dec 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 | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed23
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 ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Indu Oil and Soap Company | Bhandup | Mumbai Suburban |
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 | Bhupendra Patrawala |
| Engineer | R C Tipnis |
| Chartered Accountant | Amrutha Nahar and CO |
| Chartered Accountant | M H Nahar & Co. |
| Partner | Role in project |
|---|---|
| G K Realtors | - |
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 promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s6 in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19.
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 10 Feb 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 2 Feb 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 2 Feb 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 2 Feb 2023Confirm 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 31 Dec 2024
Documents filed48
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.
| Document | Uploaded |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 31 Dec 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 (33).pdf | 31 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 31 Dec 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 2436384_OC_signed.pdf | 31 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf | 31 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 30 Dec 2024 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: SF.pdf | 30 Dec 2024 |
| Status of ConveyanceFile: Conveyance.pdf | 30 Dec 2024 |
| Declaration in FORM BFile: Sai Indu Form B.pdf | 15 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Sai Indu Quality 23-24 (1).pdf | 15 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Sai Indu Form 2A 22-23.pdf | 15 Jun 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Sai Indu Form 5 22-23.pdf | 15 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 12 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 12 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Quality Certificate.pdf | 12 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD BOOKED INVENTORY.pdf | 12 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 12 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 5 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 5 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 5 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD INVENTORY.pdf | 20 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 19 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 19 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf | 19 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 19 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 19 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 19 May 2023 |
| Declaration about Commencement CertificateFile: Form D.pdf | 23 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE (10).pdf | 21 Feb 2023 |
| Copy of the legal title reportFile: Title G (1).pdf | 10 Feb 2023 |
| Layout approvalFile: 1 Copy of Layout Approval (in case of layout) (1).pdf | 2 Feb 2023 |
| Building plan approvalFile: 1 Building Plan Approval _ NA Order for plotted development.pdf | 2 Feb 2023 |
| PAN CardFile: 1 PAN Card (1).pdf | 2 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Letter - Finance.pdf | 2 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Letter - Legal.pdf | 2 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance Letter - Finance.pdf | 2 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance Letter - Legal.pdf | 2 Feb 2023 |
| Copy of Layout Approval (in case of layout)File: 1 Copy of Layout Approval (in case of layout) (1).pdf | 2 Feb 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 1 Building Plan Approval _ NA Order for plotted development.pdf | 2 Feb 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 1 Commencement Certificates _ NA Order for plotted development.pdf | 2 Feb 2023 |
| Declaration in FORM BFile: 2 Declaration in FORM B (1).pdf | 2 Feb 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200259358559_For_Asset_Based_Search_02_02_2023_18_37_44_288.pdf | 2 Feb 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNX A - GK_merged.pdf | 2 Feb 2023 |
| Proforma of Allotment letterFile: 1 Proforma of Allotment letter.pdf | 2 Feb 2023 |
| Proforma of Agreement for saleFile: Final AFS - GK Realtors.pdf | 2 Feb 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A - Declration about Seprate Bank Account.pdf | 2 Feb 2023 |
| Deviation Report with respect to Allotment letterFile: DEVIATION REPORT ALLOTMENT LETTER 1.pdf | 2 Feb 2023 |
| Deviation Report with respect to model copy of AgreementFile: DEVIATION REPORT AGREEMENT FOR SALE 1.pdf | 2 Feb 2023 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Mumbai Suburban
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.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 48 filed documents as one ZIP, foldered, with a manifest
Keep Building No. 1 - Sai Indu Tower on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Bhandup West, Mumbai6,700+ in Mumbai Suburban
Runwal Forests Tower 9 - 11
Wheelabrator Alloy Castings Limited
SHRADDHA VARDAAN
SHRADDHA LANDMARK PRIVATE LIMITED
SHRADDHA EVOQUE
SHRADDHA LANDMARK PRIVATE LIMITED
Sugee Vaayu
Sugee Developers Private Limited
SHRADDHA CLASSIC
SHRADDHA LANDMARK PRIVATE LIMITED
Om Siddhivinayak CHS Ltd
Shree Shiv Samarth Reality
See every Mumbai Suburban project, with the district possession charts
Builder: G K Realtors
G. K. Realtors has 2 registrations on MahaRERA, including Sai Radha Complex and Building No. 1 - Sai Indu Tower. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if Building No. 1 - Sai Indu Tower is delayed beyond 30 Jun 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 Building No. 1 - Sai Indu Tower?
The registered promoter entity is G K Realtors, a partnership as per the filing. Its GSTIN 27AAJFG2019C1ZU 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 Building No. 1 - Sai Indu Tower?
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 Building No. 1 - Sai Indu Tower?
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 Building No. 1 - Sai Indu Tower?
The professionals named in the filing: Architect: Bhupendra Patrawala; Engineer: R C Tipnis; Chartered Accountant: Amrutha Nahar and CO; Chartered Accountant: M H Nahar & 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 Building No. 1 - Sai Indu Tower?
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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback