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Registered Litigation declared Residential / Group Housing project

INSPIRA AURA

By IR JPV ESTATES PVT. LTD.

RG-MH-17603 · RERA P51800054866 · Last updated on MahaRERA portal: 10 Jul 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 2 cases
  • Rs 50.00 crore secured on the land, in favour of ADITYA BIRLA CAPITAL LIMITED

Clear

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

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.

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Mar 2029Possession promisedno revision filed
5 of 11Construction stages donefurthest along: Slabs of Super Structure, 3%
209 of 244Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 99 documents Report an error

INSPIRA AURA is a Residential / Group Housing project by IR JPV ESTATES PVT. LTD. in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800054866 on 15 Feb 2024. Possession is promised by 31 Mar 2029. 35 of the 244 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.

At a glance

Project

  • NameINSPIRA AURA
  • TypeResidential / Group Housing
  • Location
    • SAI BABA MANDIR MARG
    • SAI BABA NAGAR BORIVALI WEST
    • Kandivali
    • Borivali
    • Mumbai Suburban
    • 400092
  • Pincode400092
  • RERA no.P51800054866
  • ReraGenie IDRG-MH-17603

Builder

  • NameIR JPV ESTATES PVT. LTD.
  • Entity typeCompany
  • GSTIN27AAGCI9950G1Z7
  • Managing DirectorAayush Madushudan Agrawal

Key dates

this monthRegisteredFeb 2024PromisedMar 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on15 Feb 2024
  • Promised completion31 Mar 2029
  • Revised completionNone
  • Buildings1 building record
  • Documents filed99 files

Current status

14%35 of 244 units booked
20.2%Work done, per cost certificate

Figures as on 10 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
INSPIRA AURA - ARIHANT SIDDHINA44312377244

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 10 Jul 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.

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

INSPIRA AURA - ARIHANT SIDDHI: 46% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure3%
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 10 Jul 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)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
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

Parking filed364

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 slots364
Closed/Covered364

Land and ownership1

MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area3,753 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared present
Charge in favour ofADITYA BIRLA CAPITAL LIMITED
Secured amountRs 50.00 crore
CERSAI search filedYes
Declared on29 Apr 2026
LandownerVillageDistrict
Arihant Siddhi Co-operative Housing Society LTDKandivaliMumbai Suburban

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI21400.0
Proposed, not sanctioned20,252 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 branchARBOUR MARVE ROAD ORLEM MALAD WEST
Estimated costRs 233.63 cr
Cost incurredRs 47.18 cr
Work done20.2%
BuildingWingEstimatedIncurred
INSPIRA AURA - ARIHANT SIDDHINARs 195.34 crRs 45.10 cr
-NARs 38.30 crRs 2.08 cr

Certifying professionals and partners6

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

RoleName
ArchitectManish Shah Architect and project consultant
EngineerSHANGHVI & ASSOCIATES CONSULTANTS Pvt ltd
EngineerNIKHIL SHANGVI
EngineerMayur Badgujar
Chartered AccountantRupal Motani & Associates
Chartered AccountantR M A & CO LLP
PartnerRole in project
IR JPV ESTATES PVT. LTD.-

Litigation declared2

CaseCourtStatus
1/2023AribitrationOngoing
1/2023ArbitrationOngoing

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 29 Jan 2024
  2. Layout approvalOn the file

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

    uploaded 17 Mar 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 17 Mar 2025
  4. Commencement CertificateOn the file

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

    uploaded 3 Apr 2025Confirm 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 Mar 2029

Documents filed99

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 99 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
Withdrawal Update Form 1File: Form 1 AURA June 2026.pdf10 Jul 2026
Withdrawal Update Form 2File: Form 2 AURA June 2026.pdf10 Jul 2026
Withdrawal Update Form 3File: Form-3 Inspira Aura June 2026.pdf10 Jul 2026
Form 2A (FY 2025-2026)File: Form 2A 31032026 AURA.pdf20 Apr 2026
Form 1File: Form 1 31032026 AURA.pdf16 Apr 2026
Form 2File: Form 2 31032026 AURA.pdf16 Apr 2026
Form 3File: Form 3 31032026 AURA.pdf16 Apr 2026
Disclosure of Sold and Booked InventoryFile: Sold unsold 31032026 AURA.pdf16 Apr 2026
Form 1File: Form 1 Dec 2025 Archt Certificate AURA.pdf20 Jan 2026
Form 2File: Form 2 Dec 2025 Eng Certificate AURA.pdf20 Jan 2026
Form 3File: Form 3 Dec 2025 CA Certificate AURA_compressed.pdf20 Jan 2026
Disclosure of Sold and Booked InventoryFile: sold unsold inventory Dec 2025 AURA.pdf20 Jan 2026
Form 5 (FY 2024-2025)File: Form-5 Inspira Aura_Sep-2025.pdf12 Nov 2025
Form 5 (FY 2023-2024)File: AURA RERA Form 5 FY 2023 24.pdf11 Nov 2025
Form 1File: Form 1_AURA_sept2025.pdf17 Oct 2025
Form 2File: Form 2_AURA_sept2025.pdf17 Oct 2025
Form 3File: Form 3 Inspira Aura Sept 25 inspira jpv.pdf17 Oct 2025
Disclosure of Sold and Booked InventoryFile: Inspira Aura sold unsold sept 2025.pdf17 Oct 2025
Form 1File: Aura Form 1_June 2025.pdf18 Jul 2025
Form 2File: Aura Form 2 _June 2025.pdf18 Jul 2025
Form 3File: Aura Form 3 _June 2025.pdf18 Jul 2025
Disclosure of Sold and Booked InventoryFile: AURA inventory june 2025.pdf18 Jul 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA Form 3 Signed March 2025.pdf18 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Inspira AURA Form 1 31032025.pdf14 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Inspira Aura form2 31032025.pdf14 Apr 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: INSPIRA AURA FORM 2A 31032025.pdf14 Apr 2025
Commencement Certificates / NA Order for plotted developmentFile: AURA CC 29032025.pdf3 Apr 2025
Layout approvalFile: Layout Plan 1st page.pdf17 Mar 2025
Layout approvalFile: Layout Plan 2nd and 3rd page.pdf17 Mar 2025
Layout approvalFile: Layout Plan 4th and 5th page.pdf17 Mar 2025
Building plan approvalFile: Full IOD Amended Plan Letter.pdf17 Mar 2025
Building plan approvalFile: Layout Plan 1st page.pdf17 Mar 2025
Building plan approvalFile: Layout Plan 6th and 7th page.pdf17 Mar 2025
Building plan approvalFile: Layout Plan 8 9 10 pages.pdf17 Mar 2025
Copy of Layout Approval (in case of layout)File: Layout Plan 1st page.pdf17 Mar 2025
Copy of Layout Approval (in case of layout)File: Layout Plan 2nd and 3rd page.pdf17 Mar 2025
Copy of Layout Approval (in case of layout)File: Layout Plan 4th and 5th page.pdf17 Mar 2025
Building Plan Approval / NA Order for plotted developmentFile: Full IOD Amended Plan Letter.pdf17 Mar 2025
Building Plan Approval / NA Order for plotted developmentFile: Layout Plan 1st page.pdf17 Mar 2025
Building Plan Approval / NA Order for plotted developmentFile: Layout Plan 6th and 7th page.pdf17 Mar 2025
Building Plan Approval / NA Order for plotted developmentFile: Layout Plan 8 9 10 pages.pdf17 Mar 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AURA Dec 2024 Form 1.pdf16 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Aura _Dec24 FORM 2.pdf16 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA_Dec 2024 Form 3.pdf16 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AURA Dec 2024 Form 1.pdf16 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Aura _Dec24 FORM 2.pdf16 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA_Dec 2024 Form 3.pdf16 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AURA Dec 2024 Form 1.pdf16 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA_Dec 2024 Form 3.pdf16 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Aura _Dec24 FORM 2.pdf16 Jan 2025
Proforma of Agreement for saleFile: Aura - Draft AFS - revised - 08112024 - for RERA upload.pdf12 Nov 2024
Proforma of Agreement for saleFile: Aura - Draft AFS - revised - 08112024 - for RERA upload.pdf12 Nov 2024
Proforma of Agreement for saleFile: Aura - Draft AFS - revised - 08112024 - for RERA upload.pdf12 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA Form 3 sept 2024.pdf18 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA Form 3 sept 2024.pdf18 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AURA Form 3 sept 2024.pdf18 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECTS CERTIFICATE AURA Sept 2024.pdf17 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate_AURA_Sept 2024 form2.pdf17 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECTS CERTIFICATE AURA Sept 2024.pdf17 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate_AURA_Sept 2024 form2.pdf17 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECTS CERTIFICATE AURA Sept 2024.pdf17 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate_AURA_Sept 2024 form2.pdf17 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: AURA RERA Form 5 FY 2023 24.pdf7 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: AURA RERA Form 5 FY 2023 24.pdf7 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: AURA RERA Form 5 FY 2023 24.pdf7 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 AURA June 2024.pdf18 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: INSPIRA AURA form 1 June 2024.pdf10 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: INSPIRA AURA form 2 June 2024.pdf10 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Aura Quality Certificate.pdf28 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Arch Cert - Q4 FY24-25 - Aura.pdf20 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Engr Cert - Q4 FY24-25 - Aura.pdf20 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - CA Cert - Q4 FY24-25 - Aura_compressed.pdf20 Apr 2024
Building plan approvalFile: approved amended letter.pdf12 Apr 2024
Building Plan Approval / NA Order for plotted developmentFile: approved amended letter.pdf12 Apr 2024
CERSAI detailsFile: CERSAI Declaration Feb 09 2024.pdf9 Feb 2024
PAN CardFile: IR JPV ESTATES PRIVATE LIMITED - PAN CARD.pdf8 Feb 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed (2).pdf8 Feb 2024
Details of encumbrances concerned to FinanceFile: Legal encumbrance - revised - 06022024.pdf7 Feb 2024
Details of encumbrances concerned to LegalFile: Legal encumbrance - revised - 06022024.pdf7 Feb 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A_Aayush Agrawal signed.pdf7 Feb 2024

How this compares with Mumbai Suburban

14%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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Other projects near SAI BABA NAGAR BORIVALI WEST6,700+ in Mumbai Suburban

Builder: IR JPV ESTATES PVT. LTD.

IR JPV ESTATES PVT. LTD. has 1 registration on MahaRERA, including INSPIRA AURA. 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 INSPIRA AURA is delayed beyond 31 Mar 2029?

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 INSPIRA AURA?

The registered promoter entity is IR JPV ESTATES PVT. LTD., a company as per the filing. Its GSTIN 27AAGCI9950G1Z7 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 INSPIRA AURA?

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 INSPIRA AURA?

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 INSPIRA AURA?

The professionals named in the filing: Architect: Manish Shah Architect and project consultant; Engineer: SHANGHVI & ASSOCIATES CONSULTANTS Pvt ltd; Engineer: NIKHIL SHANGVI; Engineer: Mayur Badgujar; Chartered Accountant: Rupal Motani & Associates; Chartered Accountant: R M A & CO LLP. 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 INSPIRA AURA?

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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