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Modispaces Volga
By Modispaces Real Estate Pvt Ltd
RG-MH-29166 · RERA P51800028532 · Last updated on MahaRERA portal: 7 Dec 2024
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- 1 extension taken
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
See what the report covers Free either way: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Modispaces Volga is a Residential / Group Housing project by Modispaces Real Estate Pvt Ltd in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800028532 on 10 Mar 2021. The registration is recorded completed; possession was promised by 30 Jun 2024. 1 complaint is on record with the regulator.
At a glance
Project
- NameModispaces Volga
- TypeResidential / Group Housing
- Location
- TPS Borivali III
- Shimpoli Boriwali W
- Rayani Gram Layout
- Borivali
- Mumbai Suburban
- 400092
- Pincode400092
- RERA no.P51800028532
- ReraGenie IDRG-MH-29166
Builder
- NameModispaces Real Estate Pvt Ltd
- Entity typeCompany
- CINU45200MH2006PTC159318
- CIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- ChairpersonGhanshyam Sagarmal Modi
- DirectorsKeshav Sunilkumar Modi, Anand Premkumar Modi, Vinit Shyamsunder Modi
- Other registrations8 more →
- Completed7 of 9
- Declared earlier projects8 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on10 Mar 2021
- Promised completion30 Jun 2024
- Revised completionNone
- Buildings1 building record
- Documents filed81 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Modispaces Volga | NA | 25 | 0 | 0 | 0 | 0 |
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 Dec 2024, 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.
11 of 11 construction stages are filed complete.
Modispaces Volga: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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 | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 7 Dec 2024, 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 | 0% |
| Storm Water Drains | Yes | 20% |
| Landscaping & Tree Planting | Yes | 10% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed30
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. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| OM SUNDAR VICHAR CHSL | Borivali | 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.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Chogle & Associates |
| Engineer | Sura & Associates |
| Chartered Accountant | Swaroop Jain & Co |
| Partner | Role in project |
|---|---|
| Modispaces Real Estate Pvt Ltd | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDue to shortage of material and labor not able to complete the project please grant us extension till 31/12/2024
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12600552 | siddhesh desai | Modispaces Real Estate Pvt Ltd | 01/02/2026 |
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 30 Jan 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 May 2022 - 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 May 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Sep 2022Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 11 Nov 2024
Documents filed81
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 81 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 |
|---|---|
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form - 2A - Site Supervisor - 2023-24-1 (1).pdf | 7 Dec 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 (1).pdf | 11 Nov 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 2432537_OC_signed (3).pdf | 11 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A DOI.pdf | 25 May 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A Old Bank details.pdf | 25 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: MODISPACES VOLGA RERA CERTIFICATE JAN 2024 TO MARCH 2024 (2).pdf | 22 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Form 2 Volga march 2024 - 13-05-2024.pdf | 22 May 2024 |
| Disclosure of sold/ booked inventoryFile: New Disclousure of Inventory_31-03-24 (15-05-24).pdf | 22 May 2024 |
| Declaration in FORM BFile: New Form B (Extension)_Volga.pdf | 18 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: New Form 3_Volga_Mar 2024_signed.pdf | 17 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA FORM 3 JUNE 23.pdf | 25 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA FORM 3 SEP 23.pdf | 25 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA FORM 3 DEC 23.pdf | 25 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 21-22.pdf | 23 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 22-23.pdf | 23 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: March 2023 Volga Form1.pdf | 29 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: June 2023 Volga Form1.pdf | 29 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Sept 2023Volga Form1.pdf | 29 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Dec 2023 Volga Form1.pdf | 29 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Form 2 Volga format dt 30-06-2023 - Signed.pdf | 29 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Form 2 Volga format dt 30-09-2023 - Signed.pdf | 29 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Form 2 Volga format dt 31-12-2023.pdf | 29 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A 21-22.pdf | 29 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 22-23.pdf | 29 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory_31-03-23.pdf | 13 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory_30-06-23.pdf | 13 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory_30-09-23.pdf | 13 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory_31-12-23.pdf | 13 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: March 2023 Volga Form1.pdf | 2 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: June 2023 Volga Form1.pdf | 2 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Sept 2023Volga Form1.pdf | 2 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Dec 2023 Volga Form1.pdf | 2 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 _Volga.pdf | 3 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Volga.pdf | 3 Feb 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Final CC 17-05-22 Volga.pdf | 16 Sep 2022 |
| Building plan approvalFile: IOD.pdf | 17 May 2022 |
| Layout approvalFile: plans 1.pdf | 17 May 2022 |
| Layout approvalFile: plans 2.pdf | 17 May 2022 |
| Layout approvalFile: plans 3 and 4.pdf | 17 May 2022 |
| Layout approvalFile: plans 5 and 6.pdf | 17 May 2022 |
| Layout approvalFile: plans 7.pdf | 17 May 2022 |
| Layout approvalFile: plans 8 and 9.pdf | 17 May 2022 |
| Copy of Layout Approval (in case of layout)File: plans 1.pdf | 17 May 2022 |
| Copy of Layout Approval (in case of layout)File: plans 2.pdf | 17 May 2022 |
| Copy of Layout Approval (in case of layout)File: plans 3 and 4.pdf | 17 May 2022 |
| Copy of Layout Approval (in case of layout)File: plans 5 and 6.pdf | 17 May 2022 |
| Copy of Layout Approval (in case of layout)File: plans 7.pdf | 17 May 2022 |
| Copy of Layout Approval (in case of layout)File: plans 8 and 9.pdf | 17 May 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: IOD.pdf | 17 May 2022 |
| Declaration about Commencement CertificateFile: CC Declaration (04-05-22)_Volga.pdf | 4 May 2022 |
| CERSAI detailsFile: CERSAI__Report.pdf | 4 May 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A_Volga.pdf | 14 Apr 2022 |
| CERSAI detailsFile: CERSAI DECLARATION_Volga.pdf | 14 Apr 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 fy 20-21 Volga.pdf | 14 Apr 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: FurtherCC_Modispaces Volga.pdf | 17 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: Booked Inventory (06-08-21).pdf | 10 Aug 2021 |
| Building plan approvalFile: Full IOD _Modispaces Volga (22-07-21).pdf | 27 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Full IOD _Modispaces Volga (22-07-21).pdf | 27 Jul 2021 |
| Disclosure of sold/ booked inventoryFile: Booked Inventory.pdf | 8 Jun 2021 |
| Building plan approvalFile: Amendent Iod Plan.pdf | 31 May 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Amendent Iod Plan.pdf | 31 May 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 24 May 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM NO 03 VOLGA CERTIFIED_compressed.pdf | 27 Feb 2021 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 27 Feb 2021 |
| Proforma of Allotment letterFile: RERA Sale Agr.pdf | 27 Feb 2021 |
| Building plan approvalFile: Iod Plan.pdf | 26 Feb 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Iod Plan.pdf | 26 Feb 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: 1st CC.pdf | 26 Feb 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: amalgamation Intimation ltr fm Registrar to Om Sadvichar(b)(7-3-19)_Om sunadarvichar.pdf | 25 Feb 2021 |
| Building plan approvalFile: IOD.pdf | 4 Feb 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: IOD.pdf | 4 Feb 2021 |
| Layout approvalFile: Rayani Gram Layout.pdf | 1 Feb 2021 |
| Details of encumbrancesFile: Encumbarance certificate for RERA uploading.pdf | 1 Feb 2021 |
| Copy of Layout Approval (in case of layout)File: Rayani Gram Layout.pdf | 1 Feb 2021 |
| Declaration in FORM BFile: RE SCAN OF FORM B _Om Sundar Vichar.pdf | 1 Feb 2021 |
| Copy of the legal title reportFile: Title Certificate Bmc (22-2-20)_Om Sundar Vichar .pdf | 30 Jan 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT RERA FORM (1).pdf | 30 Jan 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society registration certificate.pdf | 30 Jan 2021 |
| Status of ConveyanceFile: Index2 conveyance-Sadvichar.pdf | 30 Jan 2021 |
| Status of ConveyanceFile: Index2 conveyance-Sundaram.pdf | 30 Jan 2021 |
Promoter's earlier projects8
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Modispaces Amazon | Shimpoli Road Borivali W Mumbai | 32 | Completed | Dec 2019 | Nov 2018 |
| Modispaces Tashkent | SVP Road Borivali W Mumbai | 79 | Completed | Dec 2018 | Late, Jan 2019 |
| Modispaces Doyle | Lourdes Colony Orlem Malad W Mumbai 400064 | 20 | Completed | Dec 2018 | Apr 2018 |
| Modispaces Oyster | Sai Baba Park Evershine Nagar Off Link Road Malad W Mumbai 400064 | 16 | Completed | Dec 2017 | Oct 2017 |
| Modispaces Indus | Kastur Park Off Shimpoli Road Borivali W Mumbai | 27 | Completed | Oct 2017 | Feb 2017 |
| Modispaces Montreal | Sai Baba Park Evershine Nagar Off Link Road Malad W Mumbai 400064 | 44 | Completed | Jul 2016 | Sep 2015 |
| Modispaces Pearly Shell | Junction of Shankar Lane Kandivali W and Tank Lane Orlem Malad W Mumbai | 38 | Completed | Jun 2016 | Apr 2016 |
| Modispaces Ankur | Sai Baba Park Evershine Nagar Off Link Road Malad W Mumbai 400064 | 36 | Completed | Jul 2015 | Dec 2014 |
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Buyer report
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- All 81 filed documents as one ZIP, foldered, with a manifest
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Builder: Modispaces Real Estate Pvt Ltd
Modispaces Real Estate Pvt Ltd has 9 registrations on MahaRERA, including Modispaces Oyster and Modispaces Doyle. Its filings disclose 8 earlier MahaRERA projects: declares 7 of 8 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 Modispaces Volga is delayed beyond 30 Jun 2024?
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 Modispaces Volga?
The registered promoter entity is Modispaces Real Estate Pvt Ltd, a company as per the filing. Its CIN U45200MH2006PTC159318 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 Modispaces Volga?
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 do I read the complaint cases filed against Modispaces Volga?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Modispaces Volga?
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 Modispaces Volga?
The professionals named in the filing: Architect: Chogle & Associates; Engineer: Sura & Associates; Chartered Accountant: Swaroop Jain & Co. 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 Modispaces Volga?
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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