Mumbai/Project record

MahaRERA · the public record

Neptunes Lotus

Mulund West · VRUTTI DEVELOPERS LLP

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12units filed as unsoldInventory · 19 October 2026
31 Dec 2027declared completionMahaRERA registration · read 18 Jul 2026
61registered unitsMahaRERA registration · read 18 Jul 2026

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Registration read 18 Jul 2026

RERA details for Neptunes Lotus

MahaRERA · P51800003339

Delivery and registration

When is the project declared for completion?

Neptunes Lotus is registered with MahaRERA as P51800003339 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 18 Jul 2026

MahaRERA registrationP51800003339
Registered on05 Aug 2017
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 Neptunes Lotus record the entries listed below.

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

Source · MahaRERA defaulter, deregistration and QPR lists · read 18 Jul 2026

View the free 14-item checklist →

  • Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (2025-06-30).

Sales

How many are filed as sold or booked?

In Neptunes Lotus, 49 of 61 units filed with MahaRERA are recorded as sold or booked (46 with registered agreements and 3 booked), about 80%, and 12 are filed as unsold.

80%sold or booked

49 of 61 units

₹150.65 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, ₹135.33 Cr (about 90%) is recorded as collected and ₹15.33 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 18 Jul 2026

Filed agreement values: across 49 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹15,475/sqft, with eight in ten falling between ₹10,435 and ₹20,831 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the unit.

FloorUnitCarpetGovt reckoner value
Floor 141402-B295 sqft (27.42 sqm)₹52.64 Lakh
Floor 161602697 sqft (64.75 sqm)₹1.07 Cr
Floor 191902697 sqft (64.75 sqm)₹1.07 Cr
Floor 212102697 sqft (64.75 sqm)₹1.07 Cr
Floor 222202697 sqft (64.75 sqm)₹1.07 Cr
Floor 232302697 sqft (64.75 sqm)₹1.07 Cr
Floor 4402697 sqft (64.75 sqm)₹1.07 Cr
Floor 5502-A305 sqft (28.32 sqm)₹54.36 Lakh
Floor 5502-B295 sqft (27.42 sqm)₹52.64 Lakh
Floor 77013,877 sqft (360.21 sqm)₹6.00 Cr
Floor 7702-A305 sqft (28.32 sqm)₹63.50 Lakh
Floor 7702-B295 sqft (27.42 sqm)₹61.50 Lakh

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 19 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 49 units carry one, and 12 of the 61 are recorded unsold.

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

UnitCarpetFiled comparisonBased on
7013,877 sqftRs 5.35 cr typical, over Rs 3.71 cr to Rs 7.80 cr23 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 Neptunes Lotus, every one of the 12 unsold units has 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 11 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+28 and 61 units are registered across the project.

BuildingWingsFloorsUnitsDeclared completion
Neptune Lotus1G+2861-

Unit mix on the filing: 53 residential and 8 non-residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 2024We are experiencing a delay in the project due to the shortage of the raw material of the construction and time consuming approval from the competent authorities and have adjusted
31 Dec 202431 Dec 2027We are constructing residential project known as "Neptune Lotus" at Mulund, having RERA registration no. P51800003339. We have registered our project in MahaRERA on 05/08/2017 and

Location, Land & Connectivity

Located at Mulund West, LBS Road, Kurla, Mumbai Suburban, 400080. Per the filed land record, the plot is bounded to the north by 883A883C, to the south by 884, to the east by 883C and to the west by LBS Road. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest of the listed job hubs is about 8 km in a straight line from the mapped location. Road distance and travel time will differ.

LandmarkStraight-line
Powai / Hiranandani business park8 km
Andheri MIDC / SEEPZ9 km
Chhatrapati Shivaji Int'l Airport13 km
Bandra Kurla Complex (BKC)14 km
Lower Parel / Worli business district23 km
Nariman Point / Fort30 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.