Under ConstructionMahaRERA: P51800000004Truth Score™ 80/100 (Grade A)
KRISHNA ENCLAVE
MahaRERA Verified Project

Configurations

1 BHK, 2 BHK, 3 BHK

Layout options

Possession

2023-08

Target completion

RERA Carpet Area

51 – 1152 sq.ft

Sanctioned carpet

Inventory Status

174/405 Units Sold (43%)

231 units available

80Grade A

4-Pillar Statutory Truth Audit

Multi-Axis Radar

High Credibility · Low to Moderate Risk · Statutory Approvals Intact

This Project
MMR Benchmark (70)
Legal & Title Cleanliness (15/25)Timeline Honesty (25/25)Construction Velocity (20/25)Financial & Escrow Health (20/25)

Pillar-by-Pillar Verification

Legal & Title Cleanliness15 / 25 pts
Performance: 60% of statutory ceilingStandard Compliance
Timeline Honesty25 / 25 pts
Performance: 100% of statutory ceilingSuperior Protection
Construction Velocity20 / 25 pts
Performance: 80% of statutory ceilingSuperior Protection
Financial & Escrow Health20 / 25 pts
Performance: 80% of statutory ceilingSuperior Protection
Statutory Buyer Negotiation Levers

231 unsold units remaining in the project. High leverage for parking/floor-rise waiver.

Verified Green Flags (7)
  • ✓Zero project completion extensions on government record.
  • ✓Completed and signed off as per target 2023-08-01.
  • ✓Active construction pace: 66.7% physical completion.
  • ✓Certified Advocate Legal Title Report filed.
  • ✓Municipal Commencement Certificate (CC / IOD) verified.
Noted Statutory Caveats (2)
  • !7 court litigations reported under Section 4(2)(l).
  • !Slow sales absorption: Only 43% of units sold.
Statutory Buyer Due Diligence Dossier

Instant statutory audit with advocate title verification, Section 4 escrow bank account, and litigation history.

Download Audit Report (PDF)

Statutory Legal Title & Litigation Audit

Mandatory disclosures under Section 4(2)(l) of Real Estate (Regulation and Development) Act.

7 Disclosed Court Cases
Court NameCase Number & YearTypeInjunction / StayDetails
Bombay High Court753 (2016)Civil PetitionNone—
Bombay High Court2037 (2016)Civil PetitionNone—
Bombay High Court5277 (2014)Civil PetitionNone—
Bombay High Court11583 (2014)Civil PetitionNone—
Bombay High Court2506 (2009)Civil PetitionNone—
Bombay High Court2877 (2007)Civil PetitionNone—
Bombay High Court2497 (2004)Civil PetitionNone—

Promoter Legal Entity

Statutory corporate identity under Companies Act / LLP Act.

Legal Name:ASHA DEVELOPERS
Organization Type:Partnership
Registered Office:

CTS No 190 to 426, 795 to 799, Datta Mandir Road, Vakola

Section 4(2)(l)(D) Escrow Account

70% buyer receivables held in designated trust account.

Designated Bank:DHANALAKSHMI BANK
Branch IFSC:DLXB0000199
Account Status: Active RERA Escrow
Branch Address:

RISAB MANSION, PLOT NO 3, JAWAHAR NAGAR, S V ROAD, GOREGAON WEST, MUMBAI, 400069

MahaRERA Audited Inventory Disclosures

Interactive Unit & Floor Stacking Plan

Inspect real-time booked vs available statutory units, exact RERA carpet areas, and floor placements directly reported by the promoter.

Available Unit
RERA Booked
Total Sanctioned Units

405

Statutory layout capacity
Available for Booking

231

Immediate inventory
Officially Booked

174

Agreements registered
Absorption Velocity

43%

28F
27F
26F
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23F
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20F
19F
18F
17F
16F
15F
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11F
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Inventory Absorption & Sales Velocity

MahaRERA Audited

Real statutory unit booking progress registered in public government filings.

Booked (174)
Available (231)
43%Units Sold174 of 405

231 Units Remaining For Selection

Absorption Velocity: Early Booking Phase

Configuration-wise Absorption

2 BHK· ~642 sq.ft
40/220 sold18%
Available: 180 unitsLeverage: High Choice / Negotiable
1 BHK· ~420 sq.ft
67/68 sold99%
Available: 1 unitsLeverage: Fast Depleting
D· ~710 sq.ft
21/28 sold75%
Available: 7 unitsLeverage: Fast Depleting
F· ~744 sq.ft
7/16 sold44%
Available: 9 unitsLeverage: Fast Depleting
C· ~428 sq.ft
13/14 sold93%
Available: 1 unitsLeverage: Fast Depleting
3 BHK· ~861 sq.ft
11/12 sold92%
Available: 1 unitsLeverage: Fast Depleting
Retail / Shop· ~142 sq.ft
0/11 sold0%
Available: 11 unitsLeverage: High Choice / Negotiable
A· ~1151 sq.ft
3/8 sold38%
Available: 5 unitsLeverage: Fast Depleting
B· ~1071 sq.ft
6/7 sold86%
Available: 1 unitsLeverage: Fast Depleting
E· ~708 sq.ft
5/7 sold71%
Available: 2 unitsLeverage: Fast Depleting
BANK· ~1037 sq.ft
0/2 sold0%
Available: 2 unitsLeverage: Fast Depleting
DUPLEX· ~936 sq.ft
0/2 sold0%
Available: 2 unitsLeverage: Fast Depleting
H· ~428 sq.ft
0/2 sold0%
Available: 2 unitsLeverage: Fast Depleting
I· ~710 sq.ft
0/2 sold0%
Available: 2 unitsLeverage: Fast Depleting
NURSINGHOME· ~1075 sq.ft
0/2 sold0%
Available: 2 unitsLeverage: Fast Depleting
G· ~1071 sq.ft
1/1 sold100%
Available: 0 unitsLeverage: Fast Depleting
J· ~708 sq.ft
0/1 sold0%
Available: 1 unitsLeverage: Fast Depleting
PC1· ~474 sq.ft
0/1 sold0%
Available: 1 unitsLeverage: Fast Depleting
PC2· ~732 sq.ft
0/1 sold0%
Available: 1 unitsLeverage: Fast Depleting

Direct Government Data Advantage:Unlike developer sales brochures that often report artificial scarcity ("90% sold out"), this graph shows verified unit allocations registered under MahaRERA statutory Section 4 disclosures.

80%Physical

Physical Milestone Timeline (S-Curve)

Active Construction

Target Possession: 2023-08 · Verified statutory engineer progress.

Cumulative Earned Value Progress (EVM)
Actual Pace (80%)
Planned S-Curve
0%25%50%75%100%Foundation & PlinthMid-Tower SlabsPlaster & MEPStatutory OC / Possession

Pace on Track · Target Timeline Intact

Physical progress is weighted scientifically using civil engineering ratios: Substructure (15%), Superstructure (35%), Envelope & Finishing (30%), and MEP / Final OC (20%).

Physical Construction Activity Breakdown

Statutory stage-wise engineering completion filed under Section 4(2)(l)(D).

Overall Velocity:80%

Excavation

100%
Phase Status:Completed

Basement

100%
Phase Status:Completed

Podiums

100%
Phase Status:Completed

Plinth

100%
Phase Status:Completed

Super Structure Slabs

100%
Phase Status:Completed

Internal Walls & Plaster

100%
Phase Status:Completed

Sanitary Fittings

100%
Phase Status:Completed

Staircases & Lifts

100%
Phase Status:Completed

External Plumbing & Water Proofing

0%
Phase Status:Scheduled

Common Amenities

0%
Phase Status:Scheduled

Sanctioned Towers & Delivery Targets

Official building wings sanctioned by planning authorities.

Tower 11 Wing

KRISHNA GALAXY

Target Delivery: 2023-08-01

Tower 21 Wing

KRISHNA REGENCY

Target Delivery: 2023-08-01

Tower 31 Wing

KRISHNA RESIDENCY

Target Delivery: 2023-08-01

About the Project

KRISHNA ENCLAVE by Asha Developers is an official statutory MAHARASHTRA RERA registered development (P51800000004). High Credibility · Low to Moderate Risk · Statutory Approvals Intact.

Amenities & Infrastructure

Water conservation/rain water harvesting/recharge of ground waterGymFire protection and fire safety requirementsClub HouseLiftsIndoor Sports facilitySwimming PoolInternal Roads & Footpaths

Floor Plans & Sanctioned Blueprints

Official municipal sanctioned layout drawings filed with MahaRERA.

1BHK419 sq.ft (39.0 sq.m)
Sanctioned Blueprint13. Building Plan Approval & IOD.pdf
2BHK624 sq.ft (58.0 sq.m)
Sanctioned Blueprint13. Building Plan Approval & IOD.pdf
2BHK659 sq.ft (61.3 sq.m)
Sanctioned Blueprint13. Building Plan Approval & IOD.pdf
3BHK861 sq.ft (80.0 sq.m)
Sanctioned Blueprint13. Building Plan Approval & IOD.pdf
A1,150 sq.ft (106.89 sq.m)
Sanctioned Blueprint13. Building Plan Approval & IOD.pdf
B1,070 sq.ft (99.47 sq.m)
Sanctioned Blueprint13. Building Plan Approval & IOD.pdf

RERA Statutory Document Vault

8 authentic public government disclosures filed under Section 4.

13. Building Plan Approval & IOD.pdf

Sanctioned Building / Layout Plan

6. Declaration.pdf

Declaration Form B

9. Form 3- Chartered Accountants Certificate.pdf

CA Certificate (Form 3)

1. Pancard.pdf

PAN Card

LAYOUT PLAN AND IOD WITH APPROVED DRAWINGS.pdf

Sanctioned Building / Layout Plan

2. Title Report + Development Agreements.pdf

Legal Title report

7. Form 1- Architect's Certificate.pdf

Architect Certificate (Form 1)

11. Form 2- Engineer's Certificate.pdf

Engineer Certificate (Form 2)

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Location & Connectivity

Andheri, Mumbai Suburban, MAHARASHTRA

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Andheri / Powai Tech Hub Micro-Market Capital Trend

+43% 5-Yr Growth

Registered transaction rate per sq.ft based on statutory title deeds and micro-market filings.

2026 Registered Rate

₹22,500 / sq.ft

202120222023202420252026

5-Yr Capital Gain

+43%

~7.6% Annualized CAGR

Gross Rental Yield

3.6%

~₹68/sq.ft monthly rental

Infrastructure Driver

Andheri / Powai Tech Hub

Metro Line 6 + JVLR Trans-corridor + High IT/Corporate Tenant Density

Official Statutory Pricing

Price on Request

Government filings verify 231 unsold units remaining in this development.

Designated Escrow Bank

DHANALAKSHMI BANK

Active
IFSC Code:DLXB0000199
Branch:

RISAB MANSION, PLOT NO 3, JAWAHAR NAGAR, S V ROAD, GOREGAON WEST, MUMBAI, 400069

Section 4(2)(l)(D) compliant: 70% of buyer payments are legally ring-fenced for this project only.

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