Mumbai/Project record

MahaRERA · the public record

Optimus

Borivali West · Panchnaad Developers

Sales Report

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Compare agreement prices for similar-sized units before you negotiate. Read the report and explore the original spreadsheet.

8units filed as unsoldInventory · 17 October 2026
31 Dec 2026declared completionMahaRERA registration · read 19 Jul 2026
27registered unitsMahaRERA registration · read 19 Jul 2026

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Registration read 19 Jul 2026

RERA details for Optimus

MahaRERA · PR1180002500322

Delivery and registration

When is the project declared for completion?

Optimus is registered with MahaRERA as PR1180002500322 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

2months 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 registrationPR1180002500322
Registered on22 Jul 2025
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today2 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 Optimus 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 19 Jul 2026

View the free 14-item checklist →

  • Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (2025-09-30).

Promoter record

What else is this promoter on record for?

Panchnaad Developers is the promoter of record on 2 projects registered with MahaRERA.

2projects

registered with MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 19 Jul 2026

Construction

How much construction cost has been reported?

In Optimus, ₹34.74 Lakh of a declared ₹5.79 Cr estimated project cost is reported as incurred, about 6.0%, as at the last certified filing with MahaRERA.

6.0%

₹34.74 Lakh

of ₹5.79 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 Optimus, 0 of 15 units filed with MahaRERA are recorded as sold or booked, about 0%, and 15 are filed as unsold.

0%sold or booked

0 of 15 units

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. The registration lists 27 units; this inventory lists 15. These are separate filed records. Their counts do not match; neither count establishes today's availability.

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

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 2201448 sqft (41.6 sqm)₹80.39 Lakh
Floor 2202373 sqft (34.67 sqm)₹67.00 Lakh
Floor 3301580 sqft (53.93 sqm)₹1.04 Cr
Floor 3302300 sqft (27.88 sqm)₹53.87 Lakh
Floor 3303519 sqft (48.24 sqm)₹93.22 Lakh
Floor 4401580 sqft (53.93 sqm)₹1.04 Cr
Floor 4402300 sqft (27.88 sqm)₹53.87 Lakh
Floor 4403519 sqft (48.24 sqm)₹93.22 Lakh
Floor 5501448 sqft (41.6 sqm)₹80.39 Lakh
Floor 5502442 sqft (41.03 sqm)₹79.29 Lakh
Floor 6601448 sqft (41.6 sqm)₹80.39 Lakh
Floor 6602442 sqft (41.03 sqm)₹79.29 Lakh
Floor 7702442 sqft (41.03 sqm)₹79.29 Lakh
Floor 8803440 sqft (40.85 sqm)₹78.94 Lakh
Ground/Floor 0Shop no.2144 sqft (13.34 sqm)₹32.22 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 17 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 7 units carry one, and 8 of the 15 are recorded unsold. Since we started watching this ledger, 7 units have moved out of the unsold list, most recently on 11 September 2026.

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

UnitCarpetFiled comparisonBased on
803440 sqftRs 67.80 lakh to Rs 98.45 lakh2 filed · similar area (within 2%), elsewhere in project

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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Optimus, 1 of the 8 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 7 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+8 and 27 units are registered across the project.

BuildingWingsFloorsUnitsDeclared completion
Optimus1G+827-

Unit mix on the filing: 22 residential and 5 non-residential.

Complaints

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

Location, Land & Connectivity

Located at Borivali West, I. C. Colony, Borivali, Mumbai Suburban, 400103. Per the filed land record, the plot is bounded to the north by Road, to the south by CTS No. 939, to the east by CTS No. 989 and to the west by CTS No. 932A. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest of the listed job hubs is about 13 km in a straight line from the mapped location. Road distance and travel time will differ.

LandmarkStraight-line
Andheri MIDC / SEEPZ13 km
Powai / Hiranandani business park16 km
Chhatrapati Shivaji Int'l Airport18 km
Bandra Kurla Complex (BKC)21 km
Lower Parel / Worli business district28 km
Nariman Point / Fort36 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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NEW Siddharth CO-Operative Housing Society LTD
declared completion Dec 2026 · Not Available
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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.