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Registration lapsed No litigation declared Others project

LA OYSTER

By NEW EVENT DEVELOPERS PRIVATE LIMITED

RG-MH-59079 · RERA P51800009846 · Last updated on MahaRERA portal: 29 Sep 2018

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 86 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 9 earlier projects delivered on promise

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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Aug 2019Possession promised86 months past this date
5 of 11Construction stages donefurthest along: Installation of Lifts, 35%
0Complaints at MahaRERAon this registration
Jump to the 22 documents Report an error

LA OYSTER is a Others project by NEW EVENT DEVELOPERS PRIVATE LIMITED in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800009846 on 22 Aug 2017. Possession was promised by 1 Aug 2019 and is now 86 months past that date.

At a glance

Project

  • NameLA OYSTER
  • TypeOthers
  • Location
    • Andheri
    • Mumbai Suburban
    • 400058
  • Pincode400058
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800009846
  • ReraGenie IDRG-MH-59079

Builder

  • NameNEW EVENT DEVELOPERS PRIVATE LIMITED
  • Entity typeCompany
  • Managing DirectorsKAMLESH DHARAMSHI GANGAR, JYOTI KAMLESH GANGAR, JAYSHREE KISHOR GANGAR
  • Declared earlier projects9 →

Key dates

86 months past promisethis monthRegisteredAug 2017PromisedAug 2019

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on22 Aug 2017
  • Promised completion1 Aug 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed22 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
LA OYSTERNA160000

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 29 Sep 2018, 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 Installation of Lifts, at 35%.

LA OYSTER: 54% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure15%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises10%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
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.35%

Progress on shared amenities17

As on 29 Sep 2018, 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)Yes50%
Storm Water DrainsYes50%
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 harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes50%
Electrical meter room, sub-station, receiving stationYes50%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes50%
FITNESS CENTREYes0%
society officeYes80%

Parking filed3

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 slots3
Closed/Covered1
Open Space2

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 area901 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI2846.3
Proposed, not sanctioned1,422 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 branchREIS MAGOS,RAMDAS SUTRALE ROAD,OFF CHANDAVARKAR ROAD,BORIVALI WEST MUMBAI

Certifying professionals and partners1

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

RoleName
ArchitectSOMAIYA AND ASSOCIATES
PartnerRole in project
NEW EVENT DEVELOPERS PRIVATE LIMITED-

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 9 Oct 2017
  2. Layout approvalOn the file

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

    uploaded 9 Oct 2017
  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 31 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 31 Jul 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 filed22

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 CA (Form 5)File: NEDPL_Form 5.pdf29 Sep 2018
Layout approvalFile: RERA no layout scanned (1).PDF9 Oct 2017
Layout approvalFile: RERA no layout scanned (1).PDF9 Oct 2017
Layout approvalFile: RERA no layout scanned (1).PDF9 Oct 2017
Copy of the legal title reportFile: compressed_compressed_compressed_TITLE CERTIFICATE WITH SIGENED pinks4 (1) (1) (1).pdf9 Oct 2017
Copy of Layout Approval (in case of layout)File: RERA no layout scanned (1).PDF9 Oct 2017
Copy of Layout Approval (in case of layout)File: RERA no layout scanned (1).PDF9 Oct 2017
Copy of Layout Approval (in case of layout)File: RERA no layout scanned (1).PDF9 Oct 2017
Building plan approvalFile: IOD LAOYSTER.pdf31 Jul 2017
Layout approvalFile: RERA FOR NO LAYOUT.pdf31 Jul 2017
PAN CardFile: NEDPL pan card.PDF31 Jul 2017
Copy of the legal title reportFile: TITLE CERTIFICATE OF NEDPL.PDF31 Jul 2017
Details of encumbrancesFile: NO ENCUMBERANCES OF NEDPL SCANNE.PDF31 Jul 2017
Copy of Layout Approval (in case of layout)File: RERA FOR NO LAYOUT.pdf31 Jul 2017
Building Plan Approval (IOD)File: IOD LAOYSTER.pdf31 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: CC LAOYSTER.pdf31 Jul 2017
Declaration in FORM BFile: Affid cum Dcl RERA scanned0001-min (1).pdf31 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: HIRAL SOMAIYA SCANNED-ilovepdf-compressed (1).pdf31 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: YOGESH PATEL SCANNED-ilovepdf-compressed.pdf31 Jul 2017
Certificates of CA (Form 3)File: Suresh Parmar-ilovepdf-compressed-ilovepdf-compressed.pdf31 Jul 2017
Proforma of Allotment letterFile: 1096 RERA Agreement to load(2).pdf31 Jul 2017
Proforma of Allotment letterFile: ALLOTEMENT LETTER FINAL.pdf31 Jul 2017

Promoter's earlier projects9

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.

9 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
LA REGALIAORLEM MARVE ROAD MALAD WEST MUMBAI11CompletedOct 2016Oct 2016
SHAGUN KRUPA SOCIETY LTDG.B.SCHEME ROAD NO 4 MULUND EAST MUMBAI21CompletedAug 2012Aug 2012
K GURU RESIDENCY 1CHURIWADI KISMAT BUNGLOW DHAMUMBAIRMADAS ROAD BORIVALI WEST30CompletedApr 2012Apr 2012
GAYATRI KRUPAL.T.ROAD BABHAI BORIVALI WEST MUMBAI22CompletedJan 2012Jan 2012
K GURU RESIDENCY 2CHURIWADI KISMAT BUNGLOW DHAMUMBAIRMADAS ROAD BORIVALI WEST13CompletedJan 2012Jan 2012
AMI PRABHA RESIDENCYDEVIDAS LANE OPP MILAN STORE BORIVALI14CompletedJan 2010Jan 2010
SHAGUN SADHANACHAPHEKAR BANDHU MARG MULUND EAST MUMBAI16CompletedOct 2008Oct 2008
GITANJALI APTSR C PATEL ROAD BORIWALI WEST MUMBAI24CompletedFeb 2006Feb 2006
ARIHANT INDUSTRIAL ESTATELAXMI NAGAR LINK ROAD GOREGAON WEST MUMBAI84CompletedDec 2003Oct 2003

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 among them

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 Andheri6,700+ in Mumbai Suburban

2 kmLA OYSTERCompleted 132Lapsed / revoked 96Abeyance 1Other 145Dot size: filed unitsN

Filed coordinates, straight-line distance. 374 registered projects within 2 km.

Builder: NEW EVENT DEVELOPERS PRIVATE LIMITED

NEW EVENT DEVELOPERS PRIVATE LIMITED has 1 registration on MahaRERA, including LA OYSTER. Its filings disclose 9 earlier MahaRERA projects: declares 9 of 9 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What does it mean that LA OYSTER shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if LA OYSTER is delayed beyond 1 Aug 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 LA OYSTER?

The registered promoter entity is NEW EVENT DEVELOPERS PRIVATE LIMITED, 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 LA OYSTER?

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 LA OYSTER?

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 LA OYSTER?

The professionals named in the filing: Architect: SOMAIYA AND 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 LA OYSTER?

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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