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Completed No litigation declared Residential / Group Housing project

JMDVARDHAM

By COSTAL VINCOM PVT LTD

RG-MH-35249 · RERA P51800005339 · Last updated on MahaRERA portal: 1 Jul 2019

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 1 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 every project registered within 2 km.

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Dec 2019Possession promisedregistration recorded completed
19 of 22Construction stages doneacross 2 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 28 documents Report an error

JMDVARDHAM is a Residential / Group Housing project by COSTAL VINCOM PVT LTD in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800005339 on 11 Aug 2017. The registration is recorded completed; possession was promised by 31 Dec 2019.

At a glance

Project

  • NameJMDVARDHAM
  • TypeResidential / Group Housing
  • Location
    • Borivali
    • Mumbai Suburban
    • 400092
  • Pincode400092
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800005339
  • ReraGenie IDRG-MH-35249

Builder

  • NameCOSTAL VINCOM PVT LTD
  • Entity typeCompany
  • Declared earlier projects1 →

Key dates

this monthRegisteredAug 2017PromisedDec 2019Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on11 Aug 2017
  • Promised completion31 Dec 2019
  • Revised completionNone
  • Buildings2 building records
  • Documents filed28 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
JMD VARDHAM - A WINGNA40000
JMD VARDHAM - B WINGNA110000

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 building2

As on 1 Jul 2019, 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.

19 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.

JMD VARDHAM - A WING91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
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.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%
JMD VARDHAM - B WING82%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
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.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.0%

Progress on shared amenities16

As on 1 Jul 2019, 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 SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes0%
Landscaping & Tree PlantingNoNot applicable
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%
SOCIETY OFFICENoNot applicable

Parking filed13

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 slots13
Closed/Covered11
Open Space2
BuildingClosed/CoveredOpen SpaceTotal
JMD VARDHAM - A WING303
JMD VARDHAM - B WING8210

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.

Land area302 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI768.07
Proposed, not sanctioned695 sq m
Buildings approved2
Buildings sanctioned2

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 branchSHREERAM TRADE CENTRE, SVP ROAD, OPP JAIN TEMPLE, BORIVALI WEST, MUMBAI 400092

Certifying professionals and partners3

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

RoleName
ArchitectABHIJIT A MEHTA
EngineerJATIN C GANGAR
EngineerNAVIN SHAH
PartnerRole in project
COSTAL VINCOM PVT LTD-

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 1 Aug 2017
  2. Layout approvalOn the file

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

    uploaded 4 Jan 2018
  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 1 Aug 2017
  4. Commencement CertificateOn the file

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

    uploaded 1 Aug 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed28

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.

DocumentUploaded
Certificates of Architect (Form 4)File: FORM 4 COMPLETION CFT.pdf1 Jul 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: RERA CERTIFICATE.pdf4 May 2019
Certificates of CA (Form 5)File: COSTAL VINCOM FORM 5.pdf20 Apr 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE.pdf8 Jan 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE.pdf8 Jan 2018
Layout approvalFile: 6 APPROVED DWG 06 11 17.pdf4 Jan 2018
Copy of Layout Approval (in case of layout)File: 6 APPROVED DWG 06 11 17.pdf4 Jan 2018
Layout approvalFile: compressed_AMENDED DRAWING - ONLINE.pdf1 Aug 2017
Building plan approvalFile: Map.pdf1 Aug 2017
Building plan approvalFile: IOD _ 2.pdf1 Aug 2017
Building plan approvalFile: IOD _1.pdf1 Aug 2017
PAN CardFile: PAN CVPL.pdf1 Aug 2017
Copy of the legal title reportFile: Title Certificate.pdf1 Aug 2017
Details of encumbrancesFile: Declaration No Encumbrance.pdf1 Aug 2017
Copy of Layout Approval (in case of layout)File: compressed_AMENDED DRAWING - ONLINE.pdf1 Aug 2017
Building Plan Approval (IOD)File: Map.pdf1 Aug 2017
Building Plan Approval (IOD)File: IOD _ 2.pdf1 Aug 2017
Building Plan Approval (IOD)File: IOD _1.pdf1 Aug 2017
Commencement Certificates / NA Order for plotted developmentFile: Revised CC.pdf1 Aug 2017
Declaration in FORM BFile: Affidavit Cum Declaration.pdf1 Aug 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Certificate.pdf1 Aug 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate.pdf1 Aug 2017
Certificates of CA (Form 3)File: CA Crt.pdf1 Aug 2017
Certificates of CA (Form 3)File: CA CER 2.pdf1 Aug 2017
Proforma of Allotment letterFile: Declaration Documentation.pdf1 Aug 2017
OtherFile: Declaration No letigation.pdf1 Aug 2017
OtherFile: Convayance Deed 1 to 20.pdf1 Aug 2017
OtherFile: Convayance Deed 21 to 40.pdf1 Aug 2017

Promoter's earlier projects1

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.

1 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
PATEL SAW MILLSV ROAD MALAD WEST MUMBAI1CompletedMar 2017Mar 2017

How this compares with Mumbai Suburban

33%of Mumbai Suburban projects moved their completion datethis one has not
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is completed

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 Borivali6,700+ in Mumbai Suburban

2 kmJMDVARDHAMCompleted 32Lapsed / revoked 19Other 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 57 registered projects within 2 km.

Builder: COSTAL VINCOM PVT LTD

COSTAL VINCOM PVT LTD has 1 registration on MahaRERA, including JMDVARDHAM. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 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 JMDVARDHAM is delayed beyond 31 Dec 2019?

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 JMDVARDHAM?

The registered promoter entity is COSTAL VINCOM PVT LTD, 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 JMDVARDHAM?

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 JMDVARDHAM?

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 JMDVARDHAM?

The professionals named in the filing: Architect: ABHIJIT A MEHTA; Engineer: JATIN C GANGAR; Engineer: NAVIN 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 JMDVARDHAM?

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.

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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