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POLO MATRIX
By Polo Infra Developers Private Limited
RG-MH-06920 · RERA P51800054588 · Last updated on MahaRERA portal: 25 Jul 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 12 months
- 1 extension 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.
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.
POLO MATRIX is a Residential / Group Housing project by Polo Infra Developers Private Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800054588 on 31 Jan 2024. Possession is promised by 31 Dec 2026. The completion date has moved by 12 months from the original filing. 17 of the 32 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.
At a glance
Project
- NamePOLO MATRIX
- TypeResidential / Group Housing
- Location
- NAVAY COLONY
- LIBERTY GARDEN
- MALAD (WEST)
- Malad
- Borivali
- Mumbai Suburban
- 400064
- Pincode400064
- RERA no.P51800054588
- ReraGenie IDRG-MH-06920
Builder
- NamePolo Infra Developers Private Limited
- Entity typeCompany
- DirectorsHardik Mehta, Pooja Mehta
- Other registrations1 more →
- Past their filed date1
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on31 Jan 2024
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2025)
- Buildings1 building record
- Documents filed54 files
Current status
Figures as on 25 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| POLO MATRIX | NA | 18 | 17 | 32 | 0 | 32 |
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 25 Jul 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 Slabs of Super Structure, at 84%.
POLO MATRIX: 44% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 84% |
| 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 25 Jul 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 | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 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 | 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 | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed72
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. 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.
| Landowner | Village | District |
|---|---|---|
| MALAD JAY DEEP CO-OPERATIVE HOUSING SOCIETY LTD | Malad | 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 |
|---|---|---|---|
| POLO MATRIX | NA | Rs 22.82 cr | Rs 8.68 cr |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | CHIRAG S RAYANI |
| Architect | CHIRAG RAYANI |
| Engineer | R.D.MAGDUM |
| Chartered Accountant | Chaudhary Mahendra & Co. |
| Chartered Accountant | CHAUDHARY MAHENDRA AND CO |
| Partner | Role in project |
|---|---|
| Polo Infra Developers Private Limited | - |
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 promoterWe write to formally request an extension of 12 months for the completion of the Polo Matrix project. The project is situated in a narrow lane within a purely residential area, posing significant logistical challenges for managing construction activities. This unforeseen circumstance has adversely affected our project timeline, leading to unavoidable delays. In light of these challenges, we seek your kind approval for an additional year to complete the project while maintaining the highest standards of safety and quality. We assure you of our unwavering commitment to delivering the project wit
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 reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 18 Nov 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Oct 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 18 Oct 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 22 Dec 2023Confirm 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 31 Dec 2026
Documents filed54
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 |
|---|---|
| Withdrawal Update Form 1File: MALAD JAYDEEP CHSL FORM 1 RERA.pdf | 25 Jul 2026 |
| Withdrawal Update Form 2File: JAYDEEP RERA jul 26 (1).pdf | 25 Jul 2026 |
| Withdrawal Update Form 3File: CA Certificate form 3 Polo Matrix.pdf | 25 Jul 2026 |
| Withdrawal Update Form 1File: Architect.pdf | 27 May 2026 |
| Withdrawal Update Form 2File: Engineer.pdf | 27 May 2026 |
| Withdrawal Update Form 3File: CA.pdf | 27 May 2026 |
| Withdrawal Update Form 1File: ARCHITECT CERTIFICATE FORM 1 DEC 2025 signed.pdf | 21 Mar 2026 |
| Withdrawal Update Form 2File: ENGINEERS CERTIFICATE RERA jan 26 signed.pdf | 21 Mar 2026 |
| Withdrawal Update Form 3File: CA certificate.pdf | 21 Mar 2026 |
| Withdrawal Update Form 1File: ARCHITECT CERTIFICATE FORM 1.pdf | 27 Nov 2025 |
| Withdrawal Update Form 2File: ENGINEERS CERTIFICATE.pdf | 27 Nov 2025 |
| Withdrawal Update Form 3File: FORM 3 CA CERTIFICATE.pdf | 27 Nov 2025 |
| Form 1File: form 1.pdf | 1 Jul 2025 |
| Form 2File: form 2.pdf | 1 Jul 2025 |
| Form 3File: form 3.pdf | 1 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: NEW INVENTORY LIST.pdf | 1 Jul 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 19 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 19 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: INVENTORY LIST - jaydeep.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 18 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 18 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 18 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: INVENTORY LIST - POLO MATRIX1.pdf | 18 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 17 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 17 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 17 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: form 5 23-24.pdf | 17 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A 23-24.pdf | 16 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 26 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE MARCH 2024.pdf | 16 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf | 16 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate form 3 Polo Matrix.pdf | 16 Apr 2024 |
| Details of encumbrances concerned to FinanceFile: 1 a Details of encumbrances concerned to Finance (5) (1).pdf | 12 Jan 2024 |
| Details of encumbrances concerned to LegalFile: 1 a Details of encumbrances concerned to Finance (5) (1).pdf | 12 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2399222_FirstCC_signed.pdf | 22 Dec 2023 |
| Declaration about Commencement CertificateFile: CC COVERING LETTER SCAN.pdf | 22 Dec 2023 |
| Copy of the legal title reportFile: LEGAL TITLE REPORT (8) (1).pdf | 18 Nov 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Letter.pdf | 4 Nov 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report (14) (1).pdf | 4 Nov 2023 |
| Proforma of Agreement for saleFile: DRAFT AGREEMENT FOR SALE.pdf | 30 Oct 2023 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER FINAL.pdf | 30 Oct 2023 |
| Building plan approvalFile: IOD.pdf | 18 Oct 2023 |
| Layout approvalFile: Drawing (26).pdf | 18 Oct 2023 |
| PAN CardFile: PAN CARD.pdf | 18 Oct 2023 |
| Details of encumbrances concerned to FinanceFile: NO ENCUMBRANCE.pdf | 18 Oct 2023 |
| Details of encumbrances concerned to LegalFile: NO ENCUMBRANCE.pdf | 18 Oct 2023 |
| Copy of Layout Approval (in case of layout)File: Drawing (26).pdf | 18 Oct 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: IOD.pdf | 18 Oct 2023 |
| Declaration in FORM BFile: FORM B (17).pdf | 18 Oct 2023 |
| CERSAI detailsFile: 1 CERSAI details (5) (1).pdf | 18 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate form 3 Polo Matrix Sep 2023 (1).pdf | 18 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEXURE A DOI (21).pdf | 18 Oct 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 1 Separate Bank Account details including no encumbrances on the Bank Account or no escrow | 18 Oct 2023 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 54 filed documents as one ZIP, foldered, with a manifest
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Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
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Builder: Polo Infra Developers Private Limited
Polo Infra Developers Private Limited has 2 registrations on MahaRERA, including Gopal Terrace Co-operative Housing Society LTD and POLO MATRIX. 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 POLO MATRIX 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 POLO MATRIX?
The registered promoter entity is Polo Infra 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 POLO MATRIX?
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 POLO MATRIX?
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 POLO MATRIX?
The professionals named in the filing: Architect: CHIRAG S RAYANI; Architect: CHIRAG RAYANI; Engineer: R.D.MAGDUM; Chartered Accountant: Chaudhary Mahendra & Co.; Chartered Accountant: CHAUDHARY MAHENDRA AND 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 POLO MATRIX?
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.
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