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RASHMI SQUARE
RG-MH-06899 · RERA P51800054722 · Last updated on MahaRERA portal: 30 Jul 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
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.
RASHMI SQUARE is a Others project by Modi's Navnirman Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800054722 on 6 Feb 2024. Possession is promised by 28 May 2027. The completion date has moved by 12 months from the original filing. 38 of the 67 units on this registration are recorded sold or booked, and 11 of 22 construction stages are filed complete.
At a glance
Project
- NameRASHMI SQUARE
- TypeOthers
- Location
- JAYRAJ NAGAR
- OFF NEW LINK ROAD
- BORIVALI (WEST)
- Borivali
- Mumbai Suburban
- 400091
- Pincode400091
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800054722
- ReraGenie IDRG-MH-06899
Builder
- NameModi's Navnirman Limited
- Entity typeCompany
- CINU45203MH2022PLC377939
- GSTIN27AAPCM5259D1Z6
- CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
- DirectorsDINESH CHUNILAL MODI, MAHEK DINESH MODI
- Other registrations7 more →
- Completed1 of 8
- Declared earlier projects4 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on6 Feb 2024
- Promised completion28 May 2027
- Revised completionRevised to 28 May 2027 (originally 28 May 2026)
- Buildings2 building records
- Documents filed70 files
Current status
Figures as on 30 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A WING | NA | 11 | 7 | 27 | 13 | 40 |
| B WING | NA | 11 | 7 | 27 | 0 | 27 |
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 building2
As on 30 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.
11 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 85%.
A WING78%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| 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 | 85% |
| Sanitary Fittings within the flats / premises | 20% |
| 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. | 80% |
| 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. | 75% |
B WING70%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 10% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 85% |
| Sanitary Fittings within the flats / premises | 20% |
| 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. | 80% |
| 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. | 75% |
Progress on shared amenities15
As on 30 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 | Yes | 80% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 70% |
| Storm Water Drains | Yes | 50% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| 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 | 50% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 80% |
| Electrical meter room, sub-station, receiving station | Yes | 75% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed143
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.
| Building | Closed/Covered | Total |
|---|---|---|
| A WING | 72 | 72 |
| B WING | 71 | 71 |
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 |
|---|---|---|
| OM SHRADDHA CO-OPERATIVE HOUSING SOCIETY LIMITED | 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 |
|---|---|---|---|
| A WING | NA | Rs 199.25 cr | Rs 159.94 cr |
| B WING | NA | Rs 199.25 cr | Rs 159.94 cr |
| - | NA | Rs 5.82 cr | Rs 3.64 cr |
Certifying professionals and partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SANJAY B SHAH |
| Architect | mahek modi |
| Engineer | Hiren M. Tanna |
| Engineer | HIREN MOHANLAL TANNA |
| Chartered Accountant | NEHALI AND CO |
| Chartered Accountant | NEHALI DOSHI |
| Chartered Accountant | DGMS & CO |
| Partner | Role in project |
|---|---|
| Modi's Navnirman 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, MODIS NAVNIRMAN LTD, are the promoters of the real estate project known as "RASHMI SQUARE" bearing Maha RERA Registration No. P51800054722. The delay in the completion of the aforesaid project has primarily arisen on account of discrepancies observed in the land area as reflected in the official records vis-à-vis the actual land particulars required for the project. The resolution of these discrepancies necessitated detailed verification, reconciliation of records, and procedural compliance with the concerned authorities before further progress on the project could be undertaken. The proce
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 26 Dec 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 May 2026 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 14 Oct 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 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 28 May 2027
Documents filed70
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: Rera certificate -Rashmi Square_Signed.pdf | 30 Jul 2026 |
| Withdrawal Update Form 2File: 260717_ Engineer Form 2_RASHMI SQUARE-Signed.pdf | 30 Jul 2026 |
| Withdrawal Update Form 3File: RASHMI SQUARE - Signed CA Certificate.pdf | 30 Jul 2026 |
| Form 5 (FY 2025-2026)File: Rashmi Square - Signed.pdf | 4 Jun 2026 |
| Commencement certificateFile: Full cc 17 th floor.pdf | 4 May 2026 |
| Layout approvalFile: Rashmi Square-Plan Copy 08-04-2026_11zon_11zon (1).pdf | 4 May 2026 |
| Withdrawal Update Form 1File: Rashmi Square- Architect certificate- sign copy-Qtr 4.pdf | 4 May 2026 |
| Withdrawal Update Form 2File: Rashmi Square-Engineer- sign opy- Qtr-4.pdf | 4 May 2026 |
| Withdrawal Update Form 3File: Rashmi Square-CA Certificate-sign copy-Qtr-4.pdf | 4 May 2026 |
| Withdrawal Update Form 1File: Rera Certificate - Rashmi Square form 1.pdf | 20 Mar 2026 |
| Withdrawal Update Form 2File: RERA FORM 2 - Oct to Dec-25 RASHMI SQUARE signed.pdf | 20 Mar 2026 |
| Withdrawal Update Form 3File: Signed CA Certificate-Rashmi Square_Dec25 - signed.pdf | 20 Mar 2026 |
| Withdrawal Update Form 1File: Rera certificate Rashmi Square pdf signed.pdf | 6 Dec 2025 |
| Withdrawal Update Form 2File: ENGINEER CERTIFICATE PDF 01-12-25-dsc.pdf | 6 Dec 2025 |
| Withdrawal Update Form 3File: CA Certificate 04-12-25 pdf-dsc.pdf | 6 Dec 2025 |
| Form 5 (FY 2024-2025)File: Rashmi Square Form 5 dsc.pdf | 6 Oct 2025 |
| Layout approvalFile: drawing 16th floor -29-05-25_1-2.pdf | 21 Jul 2025 |
| Layout approvalFile: drawing 16th floor -29-05-25_3-4.pdf | 21 Jul 2025 |
| Layout approvalFile: drawing 16th floor -29-05-25_3-4.pdf | 21 Jul 2025 |
| Layout approvalFile: drawing 16th floor -29-05-25_5-end.pdf | 21 Jul 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 16 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 16 Apr 2025 |
| Layout approvalFile: Rashmi Square Ammend Plans_1-1.pdf | 15 Apr 2025 |
| Layout approvalFile: Rashmi Square Ammend Plans_2-2.pdf | 15 Apr 2025 |
| Layout approvalFile: Rashmi Square Ammend Plans_3-3.pdf | 15 Apr 2025 |
| Layout approvalFile: Rashmi Square Ammend Plans_4-4.pdf | 15 Apr 2025 |
| Layout approvalFile: Rashmi Square Ammend Plans_5-5.pdf | 15 Apr 2025 |
| Layout approvalFile: Rashmi Square Ammend Plans_6-end.pdf | 15 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Rashmi Square Ammend Plans_1-1.pdf | 15 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Rashmi Square Ammend Plans_2-2.pdf | 15 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Rashmi Square Ammend Plans_3-3.pdf | 15 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Rashmi Square Ammend Plans_4-4.pdf | 15 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Rashmi Square Ammend Plans_5-5.pdf | 15 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Rashmi Square Ammend Plans_6-end.pdf | 15 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.PDF | 8 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 13 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 10 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 8 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - RASHMI SQUARE.pdf | 16 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 15 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 15 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 11 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 9 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 9 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: form 2A 23-24.pdf | 3 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA FORM 2-RASHMI SQUARE dsc.pdf | 15 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SIGNED CA CERTIFICATE DSC -13-04-24.pdf | 13 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 11 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Inventory.pdf | 26 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed CA Certificate-Rashmi Square.pdf | 20 Jan 2024 |
| Proforma of Agreement for saleFile: RASHMI SQUARE RERA DRAFT SALE AGREEMENT (1) (1) (1).pdf | 29 Dec 2023 |
| Deviation Report with respect to Allotment letterFile: No Deviation report allotment letter.pdf | 29 Dec 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation report for agreement for sale (2) (1).pdf | 29 Dec 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEXURE A DOI (24).pdf | 28 Dec 2023 |
| Copy of the legal title reportFile: Om Shraddha New Title Certificate.pdf | 26 Dec 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 26 Dec 2023 |
| Declaration about Commencement CertificateFile: CC COVERING LETTER (9).pdf | 26 Dec 2023 |
| Declaration in FORM BFile: form B (14).PDF | 26 Dec 2023 |
| Building plan approvalFile: Om Shraddha IOD.pdf | 14 Oct 2023 |
| Layout approvalFile: Drawing (6) (2)_1-3.pdf | 14 Oct 2023 |
| Layout approvalFile: Drawing (6) (2)_4-end.pdf | 14 Oct 2023 |
| PAN CardFile: Company PAN Card.pdf | 14 Oct 2023 |
| Details of encumbrances concerned to FinanceFile: NO ENCUMBRANCE (3).pdf | 14 Oct 2023 |
| Details of encumbrances concerned to LegalFile: NO ENCUMBRANCE (3).pdf | 14 Oct 2023 |
| Copy of Layout Approval (in case of layout)File: Drawing (6) (2)_1-3.pdf | 14 Oct 2023 |
| Copy of Layout Approval (in case of layout)File: Drawing (6) (2)_4-end.pdf | 14 Oct 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Om Shraddha IOD.pdf | 14 Oct 2023 |
| CERSAI detailsFile: CREASAI.pdf | 14 Oct 2023 |
| Proforma of Allotment letterFile: Allotment Letter Pdf.pdf | 14 Oct 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: BANK DETAILS 02-1-24.pdf | 14 Oct 2023 |
Promoter's earlier projects3
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| RASHMI SIGNATUREP51800077248 | MALAD, Mumbai Suburban | 210 | Jul 2024 | Ongoing | Aug 2027 | Not due yet |
| RASHMI DELIGHTP51800079683 | Kandivali (W), Mumbai Suburban | 43 | Mar 2025 | Ongoing | Dec 2026 | Not due yet |
| RASHMI MANORATHP51800078598 | BORIVALI, Mumbai Suburban | 87 | Dec 2024 | Ongoing | Aug 2026 | Not delivered |
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How this compares with Mumbai Suburban
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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 7 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 70 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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
- A summary of everything that changed when the 90 days end
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Builder: Modi's Navnirman Limited
Modi's Navnirman Limited has 8 registrations on MahaRERA, including RASHMI VASUDEO and RASHMI CELESTIA. Its filings disclose 4 earlier MahaRERA projects, none completed yet. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if RASHMI SQUARE is delayed beyond 28 May 2027?
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 RASHMI SQUARE?
The registered promoter entity is Modi's Navnirman Limited, a company as per the filing. Its CIN U45203MH2022PLC377939 and GSTIN 27AAPCM5259D1Z6 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 RASHMI SQUARE?
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 RASHMI SQUARE?
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 RASHMI SQUARE?
The professionals named in the filing: Architect: SANJAY B SHAH; Architect: mahek modi; Engineer: Hiren M. Tanna; Engineer: HIREN MOHANLAL TANNA; Chartered Accountant: NEHALI AND CO; Chartered Accountant: NEHALI DOSHI. 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 RASHMI SQUARE?
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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