Home / Browse projects / Mumbai Suburban, Maharashtra / DEM ICON
DEM ICON
RG-MH-55037 · RERA P51800050731 · Last updated on MahaRERA portal: 7 Mar 2026
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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DEM ICON is a Residential / Group Housing project by DEM Developers LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800050731 on 28 Apr 2023. The registration is recorded completed; possession was promised by 31 Mar 2026. 72 of the 106 units on this registration are recorded sold or booked, and 8 of 11 construction stages are filed complete.
At a glance
Project
- NameDEM ICON
- TypeResidential / Group Housing
- Location
- Sector 2
- Charkop
- Kandivali
- Borivali
- Mumbai Suburban
- 400067
- Pincode400067
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800050731
- ReraGenie IDRG-MH-55037
Builder
- NameDEM Developers LLP
- Entity typePartnership
- GSTIN27AATFD7747E1ZY
- PartnersDevesh Shankarlal Mittal, Yash Shankarlal Mittal, Keshav Pandu Shetty, Abhishek Arun Gurav, Harsha Kailashchand Totla, Shobhadevi Ramavtar Agrawal, Neeraj Ramavtar Agrawal, Nirved Sandeep Tulsian, Kaushal Rajesh Mashru, Manoj Premji Prajapati
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on28 Apr 2023
- Promised completion31 Mar 2026
- Revised completionNone
- Buildings1 building record
- Documents filed128 files
Current status
Figures as on 7 Mar 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| DEM ICON | NA | 22 | 21 | 101 | 5 | 106 |
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 7 Mar 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 Installation of Lifts, at 88%.
DEM ICON: 87% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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 | 65% |
| 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. | 88% |
Progress on shared amenities15
As on 7 Mar 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 25% |
| Storm Water Drains | Yes | 20% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| 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 | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 60% |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed99
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. 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.
| Landowner | Village | District |
|---|---|---|
| Sunil Jadhav | Kandivali | 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| DEM ICON | NA | Rs 34.97 cr | Rs 32.49 cr |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Skyline Inframart Consultants LLP |
| Engineer | Haresh Patel |
| Engineer | Anil Tippa |
| Chartered Accountant | Nirav S. Shah & Associates |
| Chartered Accountant | Bavaliya & Associates |
| Partner | Role in project |
|---|---|
| DEM Developers LLP | - |
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 20 Mar 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Mar 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 12 Aug 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Nov 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed128
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 128 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: Form1 Icon.pdf | 7 Mar 2026 |
| Withdrawal Update Form 2File: Form2 Icon.pdf | 7 Mar 2026 |
| Withdrawal Update Form 3File: Form 3 Icon.pdf | 7 Mar 2026 |
| Occupational CertificateFile: DEM ICON OC.pdf | 7 Mar 2026 |
| Occupational CertificateFile: Ramya CHSL Maha Rera mail.pdf | 7 Mar 2026 |
| Withdrawal Update Form 1File: Form1 Icon.pdf | 27 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 Icon.pdf | 27 Jan 2026 |
| Withdrawal Update Form 3File: Form3 Icon.pdf | 27 Jan 2026 |
| Form 2A (FY 2023-2024)File: Form 2A 24.pdf | 27 Jan 2026 |
| Form 2A (FY 2024-2025)File: Form 2A 25.pdf | 27 Jan 2026 |
| Form 5 (FY 2024-2025)File: Form 5 - Dem Developers.pdf | 27 Jan 2026 |
| Form 1File: Architect Area Certificate 29082023.pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificatedeveloper.pdf | 8 Sep 2025 |
| Form 3File: Chartered Accountant Certificate-Developer.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Book Sold 300623.pdf | 8 Sep 2025 |
| Form 1File: Architect Area Certificate 30092023 Icon.pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificate 31923 Icon.pdf | 8 Sep 2025 |
| Form 3File: Developer CA certificate 30923.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Icon.pdf | 8 Sep 2025 |
| Form 1File: Architect Area Certificate 31923 Icon.pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificate 311223 Icon.pdf | 8 Sep 2025 |
| Form 3File: developer chartered accountant certificate compressed.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Icon Book Sold.pdf | 8 Sep 2025 |
| Form 1File: Architect Area Certificate 31324 Icon.pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificate 31324 Icon.pdf | 8 Sep 2025 |
| Form 3File: DEM ICON form 3.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Icon Disclosure Of Sold Booked Inventory.pdf | 8 Sep 2025 |
| Form 1File: Architect Area Certificate ICON 30624 (1).pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificate 31624 Icon.pdf | 8 Sep 2025 |
| Form 3File: FORM 3 DEM Developers LLP 31624.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Book Sold Developers.pdf | 8 Sep 2025 |
| Form 1File: Architect Area Certificate 311224 Icon.pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificate 311224 Icon.pdf | 8 Sep 2025 |
| Form 3File: FORM 3 DEM Developers LLP 311224.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Dem Icon Book Sold311224.pdf | 8 Sep 2025 |
| Form 1File: Architect Area Certificate 31325 Icon.pdf | 8 Sep 2025 |
| Form 2File: Engineer Certificate 31325 Icon.pdf | 8 Sep 2025 |
| Form 3File: Form 3 Icon 31325.pdf | 8 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Book sold 311325.pdf | 8 Sep 2025 |
| Withdrawal Update Form 1File: Form1 Icon 300625.pdf | 8 Sep 2025 |
| Withdrawal Update Form 2File: Form2 Icon 300625.pdf | 8 Sep 2025 |
| Withdrawal Update Form 3File: Form3 Icon 300625.pdf | 8 Sep 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 DEM Developers LLP 311224.pdf | 18 Jan 2025 |
| Details of encumbrances concerned to FinanceFile: RERA Encumberance letter.pdf | 17 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Area Certificate 311224 Icon.pdf | 17 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 DEM Developers LLP 311224.pdf | 17 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate 311224 Icon.pdf | 17 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Dem Icon Book Sold311224.pdf | 17 Jan 2025 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about Separate Bank Account for real estate projects.pdf | 17 Jan 2025 |
| Details of encumbrances concerned to LegalFile: RERA Encumberance letter.pdf | 17 Jan 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Secured Unsecured Merged.pdf | 17 Jan 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: 12th to 15th floor further cc Ramya signed.pdf | 7 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Ramya further cc.pdf | 7 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Area Certificate 30924 Icon.pdf | 30 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 DEM Developers LLP 30924 (1).pdf | 30 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate 30924 Icon.pdf | 30 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: Book Sold Icon 30924.pdf | 30 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A 2324.pdf | 8 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 2324.pdf | 8 Oct 2024 |
| Form 5 (FY 2023-2024) | 21 Sep 2024 |
| Building plan approvalFile: scan 3 compressed.pdf | 12 Aug 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: scan 3 compressed.pdf | 12 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Area Certificate ICON 30624 (1).pdf | 12 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate 31624 Icon.pdf | 12 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Book Sold Developers.pdf | 12 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 DEM Developers LLP 31624.pdf | 12 Aug 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Ramya further cc upto 11 floorsigned.pdf | 1 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Area Certificate 31324 Icon.pdf | 30 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate 31324 Icon.pdf | 30 May 2024 |
| Disclosure of sold/ booked inventoryFile: Icon Disclosure Of Sold Booked Inventory.pdf | 30 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: DEM ICON form 3.pdf | 30 May 2024 |
| Building plan approvalFile: scan1110 F merged.pdf | 14 Mar 2024 |
| Building plan approvalFile: scan1112 1 compressed.pdf | 14 Mar 2024 |
| Building plan approvalFile: scan1113 2 compressed.pdf | 14 Mar 2024 |
| Building plan approvalFile: scan 3 compressed.pdf | 14 Mar 2024 |
| Building plan approvalFile: scan1114 compressed.pdf | 14 Mar 2024 |
| Building plan approvalFile: scan1115compressed.pdf | 14 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: scan1110 F merged.pdf | 14 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: scan1112 1 compressed.pdf | 14 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: scan1113 2 compressed.pdf | 14 Mar 2024 |
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Buyer report
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See every Mumbai Suburban project, with the district possession charts
Builder: DEM Developers LLP
DEM Developers LLP has 1 registration on MahaRERA, including DEM ICON. 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 DEM ICON is delayed beyond 31 Mar 2026?
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 DEM ICON?
The registered promoter entity is DEM Developers LLP, a partnership as per the filing. Its GSTIN 27AATFD7747E1ZY 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 DEM ICON?
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 DEM ICON?
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 DEM ICON?
The professionals named in the filing: Architect: Skyline Inframart Consultants LLP; Engineer: Haresh Patel; Engineer: Anil Tippa; Chartered Accountant: Nirav S. Shah & Associates; Chartered Accountant: Bavaliya & 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 DEM ICON?
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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