Mumbai/Project record

MahaRERA · the public record

ICON

POISAR, KANDIVALI WEST · RAGHU LEELA REALTORS PRIVATE LIMITED

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241units filed as unsoldInventory · 23 October 2026
31 Dec 2027declared completionMahaRERA registration · read 19 Jul 2026
591registered unitsMahaRERA registration · read 19 Jul 2026

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Registration read 19 Jul 2026

RERA details for ICON

MahaRERA · P51800022327

Delivery and registration

When is the project declared for completion?

ICON is registered with MahaRERA as P51800022327 and the promoter has declared completion for 31 Dec 2027.

31 Dec 2027

declared completion

14months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 19 Jul 2026

MahaRERA registrationP51800022327
Registered on16 Sep 2019
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today14 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for ICON record 4 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 19 Jul 2026

  • Filing progress reports — 4 quarterly progress reports on record since registration, with no current default.

Construction

How much construction cost has been reported?

In ICON, ₹221.75 Cr of a declared ₹322.00 Cr estimated project cost is reported as incurred, about 68.9%, as at the last certified filing with MahaRERA.

68.9%

₹221.75 Cr

of ₹322.00 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 19 Jul 2026

Sales

How many are filed as sold or booked?

In ICON, 350 of 591 units filed with MahaRERA are recorded as sold or booked (341 with registered agreements and 9 booked), about 59%, and 241 are filed as unsold.

59%sold or booked

350 of 591 units

₹632.35 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹491.09 Cr (about 78%) is recorded as collected and ₹141.26 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 19 Jul 2026

Filed agreement values: across 350 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹20,000/sqft, with eight in ten falling between ₹15,335 and ₹24,852 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, unit by unit

Read from MahaRERA on 23 October 2026

MahaRERA publishes, unit by unit, what this promoter filed: which units are sold and which are not, the RERA carpet area of each, and for sold or booked entries the filed agreement value — the consideration filed for that specific unit. On this project 350 units carry one, and 241 of the 591 are recorded unsold.

Here is one unit filed as unsold, beside the amounts filed for comparable units:

UnitCarpetFiled comparisonBased on
ICON-B-201831 sqftRs 1.86 cr typical, over Rs 1.41 cr to Rs 20.14 cr
1 unusually low or high filed amount is included in this range. Check the individual entries before using it to discuss a price.
23 filed · number pattern + area (within 2%), same building

A filed consideration is the amount the promoter reported for one unit. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the unit is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In ICON, 239 of the 241 unsold units have filed sales to compare with. The Sales Report gives each of them its own row — the filed agreements behind its comparison listed in full, the government reckoner value the promoter filed against it, and mortgage status where the filing supplies it. Missing mortgage information is not confirmation that a unit is free of a mortgage. Built from the filing itself, sent by email.

See the other 240 units — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+50 and 591 units are registered across the project.

BuildingWingsFloorsUnitsDeclared completion
ICON-A1G+44359-
ICON-B1G+50232-
REHAB1G+36--

Unit mix on the filing: 435 residential and 156 non-residential.

Legal and disputes

What disputes are disclosed?

4 complaints are on the MahaRERA record for ICON, with orders passed in 4 of them.

4complaints

4with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 19 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000019333916/07/2020Atul Nathalal Patel vs Raghuleela Realtors Pvt. Ltd.order passed
CC00600000019354624/07/2020Shailesh Pranlal VOra vs Atul Patelorder passed
CC00600000039770704/10/2023Virendra Kumar Gupta vs Raghu Leela Realtors Pvt. Ltd.order passed
CC00600000040862425/12/2023Vinay Anant Rahate vs Raghu Leela Realtors Private Limitedorder passed

Legal & Litigation

The promoter has declared 7 court cases on this project to MahaRERA. Filed statuses: 4 “Ongoing”; 3 “Closed”. These are the promoter's filed statements, not a current court check. A disposed application or motion does not establish that the whole case is closed. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your unit. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court Bombay10302010Ongoing
Filed description: SUIT IS AT EVIDENCE STAGE
Tis Hajari Court Delhi3332017Closed
Filed description: DISPOSED AND ALLOWED
MahareraCC0060000001933392020Closed
Filed description: SETTLED AND WITHDRAWN
High Court BombayLODGING NO 27382 OF 20212021Closed
Filed description: DISPOSED
High Court Bombay20412022Ongoing
Filed description: PENDING
Tis Hajari Court Delhi935642016Ongoing
Filed description: PENDING
Bombay High Court10302010Ongoing
Filed description: CIVIL SUITE

Location, Land & Connectivity

Located at POISAR, KANDIVALI WEST, BORSA PADA ROAD, Borivali, Mumbai Suburban, 400068. Per the filed land record, the plot is bounded to the north by STRUCTURE, to the south by 27 45 MTR WIDE D P ROAD, to the east by RAGHULEELA MALL and to the west by STRUCTURES. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest of the listed job hubs is about 18 km in a straight line from the mapped location. Road distance and travel time will differ.

LandmarkStraight-line
Powai / Hiranandani business park18 km
Andheri MIDC / SEEPZ20 km
Chhatrapati Shivaji Int'l Airport24 km
Bandra Kurla Complex (BKC)25 km
Lower Parel / Worli business district34 km
Nariman Point / Fort41 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Registration details and regulatory notices are drawn from the held MahaRERA record. See more Mumbai, Thane & the MMR projects.

Registration last seen on RERA: 25 Oct 2026. Document and inventory dates are shown in their sections.