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Registered No litigation declared Residential / Group Housing project

MASCARENHAS APARTMENT

By SAI UNIVERSAL REALTORS & DEVELOPERS LLP

RG-MH-25862 · RERA P51800020282 · Last updated on MahaRERA portal: 9 Jun 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 60 months
  • 2 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • No encumbrance on the project land
  • 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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Dec 2026Possession promisedmoved 60 months from the original
4 of 11Construction stages donefurthest along: Internal walls, 60%
8 of 14Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 41 documents Report an error

MASCARENHAS APARTMENT is a Residential / Group Housing project by SAI UNIVERSAL REALTORS & DEVELOPERS LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800020282 on 2 Apr 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 60 months from the original filing. 6 of the 14 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.

At a glance

Project

  • NameMASCARENHAS APARTMENT
  • TypeResidential / Group Housing
  • Location
    • IC COLONY MAIN ROAD
    • I C COLONY
    • Borivali
    • Mumbai Suburban
    • 400103
  • Pincode400103
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800020282
  • ReraGenie IDRG-MH-25862

Builder

  • NameSAI UNIVERSAL REALTORS & DEVELOPERS LLP
  • Entity typeOthers
  • GSTIN27ACUFS2009P1ZE
  • Named personsRAMPHER DHANA YADAV, RAZAALI RAMZANALI NOORANI, SINDER KRISHANLAL GUPTA, DEEPAK BANSAL, VIRESH DUTT, VIJAY MAHASUKHLAL SANGHAVI
  • Other registrations2 more →
  • No longer live2 lapsed, de-registered or revoked

Key dates

this monthRegisteredApr 2019First promiseDec 2021Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on2 Apr 2019
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 30 Dec 2021)
  • Buildings1 building record
  • Documents filed41 files

Current status

43%6 of 14 units booked
56.0%Work done, per cost certificate

Figures as on 9 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Mascarenhas ApartmentNA9714014

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 9 Jun 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.

4 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 60%.

Mascarenhas Apartment: 47% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth0%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises60%
Sanitary Fittings within the flats / premises25%
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.0%

Progress on shared amenities15

As on 9 Jun 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 SupplyYes25%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes25%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
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 requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed5

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 slots5
Closed/Covered1
Open Space4

Land and ownership

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.

Land area518 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on13 Mar 2026

Approvals and building plan

Sanctioning authorityBRIHANMUMBAI MUNICIPAL CORPORTATION
Permissible FSI1311.3
Proposed, not sanctioned457 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 branchTHAKUR VILLAGE KANDIVALI EAST MUMBAI 400101
Estimated costRs 13.90 cr
Cost incurredRs 7.78 cr
Work done55.99%
BuildingWingEstimatedIncurred
Mascarenhas ApartmentNARs 13.90 crRs 7.78 cr

Certifying professionals and partners7

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

RoleName
ArchitectSingh Abhishek Virendra Pratap
ArchitectPrathmesh H Suryakant Shetye
EngineerMR CHHANABHAI B PATEL
EngineerJiten Patel
Chartered AccountantCA HITSU MOTA
Chartered AccountantHemal Ramesh Shah
Chartered AccountantAGARWAL SINGHAL AND ASSOCIATES
PartnerRole in project
SAI UNIVERSAL REALTORS & DEVELOPERS LLP-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51800017411Dec 2021 → Mar 2026

Reason as filed by the promoterDUE TO SHORTGAE OF FUNDS PROJECT COULD NOT COMPLETED IN TIME.

EA01062621179Dec 2021 → Dec 2026

Reason as filed by the promoterWe are awaiting OC from the Local Authority, hence there has been a slight delay in completion of the project

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 25 Mar 2019
  2. Layout approvalOn the file

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

    uploaded 24 Mar 2019
  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 24 Mar 2019
  4. Commencement CertificateOn the file

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

    uploaded 24 Mar 2019Confirm 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 Dec 2026

Documents filed41

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
Form 5 (FY 2025-2026)File: Form 5 -FY-2025-26.pdf9 Jun 2026
Withdrawal Update Form 1File: Form 1 - Q425-26.pdf28 May 2026
Withdrawal Update Form 2File: Form 2 - Q425-26.pdf28 May 2026
Withdrawal Update Form 3File: Form 3 -Q425-26.pdf28 May 2026
Withdrawal Update Form 1File: Form 1 Q12025-26.pdf20 May 2026
Withdrawal Update Form 1File: Form 1 Q22025-26.pdf20 May 2026
Withdrawal Update Form 1File: Form 1 Q32025-26.pdf20 May 2026
Withdrawal Update Form 2File: Form 2 Q12025-26.pdf20 May 2026
Withdrawal Update Form 2File: Form 2 Q22025-26.pdf20 May 2026
Withdrawal Update Form 2File: Form 2 Q32025-26.pdf20 May 2026
Withdrawal Update Form 3File: Form 3.pdf20 May 2026
Withdrawal Update Form 3File: Form 3 Q22025-26.pdf20 May 2026
Withdrawal Update Form 3File: Form 3 Q32025-26.pdf20 May 2026
Declaration in FORM BFile: Form B_compressed.pdf30 Aug 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Cert.pdf30 Aug 2023
Disclosure of sold/ booked inventoryFile: Disclosure Of Soldbooked ic conlony RERA.pdf30 Aug 2023
Certificates of CA (Form 3)File: Form 3.pdf30 Aug 2023
Declaration about Commencement CertificateFile: Declaration About Commencemnt ic conlony RERA.pdf21 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate_31-03-2019.pdf21 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate_31-03-2020.pdf21 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate_31-03-2021.pdf21 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate_31-03-2022.pdf21 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate_31-03-2023.pdf21 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 -FY-2018-19_Scanned Signed.pdf21 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 -FY-2019-20_Scanned Signed.pdf21 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 -FY-2020-21_Scanned Signed.pdf21 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 -FY-2021-22_Scanned Signed.pdf21 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 -FY-2022-23_Scanned Signed.pdf21 Jul 2023
Copy of the legal title reportFile: TITLE REPORT.pdf25 Mar 2019
Proforma of Allotment letterFile: Allotment Letter.pdf25 Mar 2019
Building plan approvalFile: 2182035_FirstCC_signed.pdf24 Mar 2019
Building plan approvalFile: Feasibility Report excluding balcony.pdf24 Mar 2019
Layout approvalFile: Feasibility Report excluding balcony.pdf24 Mar 2019
Copy of Layout Approval (in case of layout)File: Feasibility Report excluding balcony.pdf24 Mar 2019
Building Plan Approval (IOD)File: 2182035_FirstCC_signed.pdf24 Mar 2019
Building Plan Approval (IOD)File: Feasibility Report excluding balcony.pdf24 Mar 2019
Commencement Certificates / NA Order for plotted developmentFile: 2182035_FirstCC_signed.pdf24 Mar 2019
Certificates of CA (Form 3)File: ca certificate.pdf24 Mar 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATEFINAL.pdf17 Jan 2019
Details of encumbrancesFile: DECLARATION OF ENCUMBRANCES IC COLONY.pdf30 Jul 2017
Declaration in FORM BFile: Declaration Form B IC COLONY .pdf30 Jul 2017

How this compares with Mumbai Suburban

43%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one moved by 60 months
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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How alerts work

Other projects near I C COLONY6,700+ in Mumbai Suburban

2 kmMASCARENHAS APARTMENTCompleted 124Lapsed / revoked 78Other 173Dot size: filed unitsN

Filed coordinates, straight-line distance. 375 registered projects within 2 km.

Builder: SAI UNIVERSAL REALTORS & DEVELOPERS LLP

SAI UNIVERSAL REALTORS & DEVELOPERS LLP has 3 registrations on MahaRERA, including SAI PARADISE and MASCARENHAS APARTMENT. 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 MASCARENHAS APARTMENT is delayed beyond 31 Dec 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 MASCARENHAS APARTMENT?

The registered promoter entity is SAI UNIVERSAL REALTORS & DEVELOPERS LLP, an others as per the filing. Its GSTIN 27ACUFS2009P1ZE 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 MASCARENHAS APARTMENT?

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 MASCARENHAS APARTMENT?

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 MASCARENHAS APARTMENT?

The professionals named in the filing: Architect: Singh Abhishek Virendra Pratap; Architect: Prathmesh H Suryakant Shetye; Engineer: MR CHHANABHAI B PATEL; Engineer: Jiten Patel; Chartered Accountant: CA HITSU MOTA; Chartered Accountant: Hemal Ramesh 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 MASCARENHAS APARTMENT?

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.

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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