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NARAYAN RESIDENCY
RG-MH-69470 · RERA PR1180002502305 · Last updated on MahaRERA portal: 21 May 2026
Source: official MahaRERA filing
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Red flags
- Rs 18.00 crore secured on the land, in favour of Aditya Birla Finance Limited
- The declared charge does not appear in the CERSAI report on the filing
- Allotment letter deviates from the model form
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
3 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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NARAYAN RESIDENCY is a Residential / Group Housing project by NARAYAN VVENTURES in Mumbai Suburban, Maharashtra, registered with MahaRERA as PR1180002502305 on 10 Feb 2026. Possession is promised by 30 Jan 2030. 0 of the 53 units on this registration are recorded sold or booked, and 1 of 10 construction stages are filed complete.
At a glance
Project
- NameNARAYAN RESIDENCY
- TypeResidential / Group Housing
- Location
- Mahadeobhai Cross Road
- Plot bearing C.T.S. No. 323 (pt) & 323/ 6 & 7 of Village Kanheri
- Final plot No. 51
- Town Planning Scheme No. II
- 3rd Kasturba Road
- ...
- Pincode400066
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1180002502305
- ReraGenie IDRG-MH-69470
Builder
- NameNARAYAN VVENTURES
- Entity typePartnership
- PartnersRajesh Nandkumar Kadam, Shalaka Rajesh Kadam, Rishil Rajesh Kadam, Bhagyesh Rajesh Kadam
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on10 Feb 2026
- Promised completion30 Jan 2030
- Revised completionNone
- Buildings1 building record
- Documents filed8 files
Current status
Figures as on 21 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Narayan Residency | NA | 18 | 14 | 43 | 10 | 53 |
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 21 May 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.
1 of 10 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
Narayan Residency: 10% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | Not applicable |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 21 May 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | 0% |
| Landscaping & Tree Planting | No | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | 0% |
| Water conservation /Rain water harvesting | No | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | 0% |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | 0% |
| Open Parking | No | 0% |
Parking filed81
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. 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.
| Landowner | Village | District |
|---|---|---|
| BOrivali Abhilasha CHS Ltd. | 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Narayan Residency | NA | Rs 41.00 cr | Rs 5.95 cr |
| - | NA | Rs 4.00 cr | - |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Sunil Jain |
| Engineer | Apurva Velani |
| Chartered Accountant | Ashok M Solanki |
| Chartered Accountant | Ashvin Thumar |
| Partner | Role in project |
|---|---|
| NARAYAN VVENTURES | - |
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.
- Legal title reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalNot on the file
The planning authority's approval of how the plots and buildings sit on the land.
- Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Jan 2026 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 21 May 2026Confirm the Commencement Certificate covers the specific floor you are buying. - 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 30 Jan 2030
Documents filed8
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.
| Document | Uploaded |
|---|---|
| Commencement certificateFile: 2524814_FurtherCC_signed.pdf | 21 May 2026 |
| Withdrawal Update Form 1File: Architect Certificates.pdf | 21 May 2026 |
| Withdrawal Update Form 2File: Engineer Certificate.pdf | 21 May 2026 |
| Withdrawal Update Form 3File: FORM 3 Certificate.pdf | 21 May 2026 |
| Building plan approvalFile: IOD DEC24-1.pdf | 19 Jan 2026 |
| Building plan approvalFile: IOD DEC24-2.pdf | 19 Jan 2026 |
| Building plan approvalFile: IOD PLAN.pdf | 25 Dec 2025 |
| Declaration and undertaking (Annexure A)File: ANNEXUREA DECLARATION CUM UNDERTAKING.PDF | 25 Dec 2025 |
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Buyer report
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Filed coordinates, straight-line distance. 442 registered projects within 2 km.
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Builder: NARAYAN VVENTURES
NARAYAN VVENTURES has 1 registration on MahaRERA, including NARAYAN RESIDENCY. 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 NARAYAN RESIDENCY is delayed beyond 30 Jan 2030?
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 NARAYAN RESIDENCY?
The registered promoter entity is NARAYAN VVENTURES, a partnership 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 NARAYAN RESIDENCY?
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 NARAYAN RESIDENCY?
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 NARAYAN RESIDENCY?
The professionals named in the filing: Architect: Sunil Jain; Engineer: Apurva Velani; Chartered Accountant: Ashok M Solanki; Chartered Accountant: Ashvin Thumar. 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 NARAYAN RESIDENCY?
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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