Aarya Prem CO-OP HSG SOC
MahaRERA · the public record
SPM Lake City Phase II Part 1
Karav Village · KOTHARI & DESHMUKH LANDMARK LLP
Project Review · example purchase
Spending a few crores on a home? ₹4,999 to check what you’re buying.
Check what the plans put beside your home, below it and in front of it. The view, nearby buildings and shared facilities can change what you are buying.
131units filed as unsoldInventory · 24 October 2026
30 Nov 2028declared completionMahaRERA registration · read 19 Jul 2026
199registered unitsMahaRERA registration · read 19 Jul 2026
From another project · Empire Solitaire
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Read the complete sample: unit choices, layout illustrations, important risks and questions for the builder. Its findings concern the named sample, not this project.
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From another project · Dosti Pine · earlier comprehensive example
North-east at the door. Or in the living room.
E2506 has north-east-facing living space and a south-west entrance. E3001 reverses those directions and sits on the top floor. The report compares named flats, refuge adjacency and shared gardens using the March 2026 filing, read on 17 September 2026; this is not live availability.
This longer example shows the depth of research available in Project Deep Dive. These findings concern the named sample, not this project.
Read the Dosti Pine sample report ↗
Free project details
Registration read 19 Jul 2026RERA details for SPM Lake City Phase II Part 1
MahaRERA · P51700024808
Delivery and registration
When is the project declared for completion?
SPM Lake City Phase II Part 1 is registered with MahaRERA as P51700024808 and the promoter has declared completion for 30 Nov 2028.
30 Nov 2028
declared completion
25months 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 registration | P51700024808 |
| Registered on | 09 Mar 2020 |
| Promoter-declared completion | 30 Nov 2028 |
| Current status | Certificate Signed |
| Against today | 25 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 SPM Lake City Phase II Part 1 record 3 quarterly progress reports since registration.
3quarterly filings
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
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (2026-03-31).
Construction
How much construction cost has been reported?
In SPM Lake City Phase II Part 1, ₹12.01 Cr of a declared ₹19.79 Cr estimated project cost is reported as incurred, about 60.7%, as at the last certified filing with MahaRERA.
60.7%
₹12.01 Cr
of ₹19.79 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 SPM Lake City Phase II Part 1, 68 of 199 homes filed with MahaRERA are recorded as sold or booked, about 34%, and 131 are filed as unsold.
34%sold or booked
68 of 199 homes
₹10.13 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, ₹7.38 Cr (about 73%) is recorded as collected and ₹2.75 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 19 Jul 2026
Filed agreement values: across 68 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹5,323/sqft, with eight in ten falling between ₹4,804 and ₹5,910 — 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, home by home
Read from MahaRERA on 24 October 2026
MahaRERA publishes, home by home, what this promoter filed: which homes 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 home. On this project 68 homes carry one, and 131 of the 199 are recorded unsold.
Here is one home filed as unsold, beside the amounts filed for comparable homes:
| Home | Carpet | Filed comparison | Based on |
|---|---|---|---|
| Wing E-106 | 282 sqft | Rs 15.10 lakh typical, over Rs 12.22 lakh to Rs 16.85 lakh | 27 filed · similar area (within 2%), elsewhere in project |
A filed consideration is the amount the promoter reported for one home. 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 home 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 SPM Lake City Phase II Part 1, 95 of the 131 unsold homes 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.
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+5 and 199 homes are registered across the project.
| Building | Wings | Floors | Units | Declared completion |
|---|---|---|---|---|
| Wing D | 1 | G+5 | 80 | - |
| Wing E | 1 | G+5 | 76 | - |
| Wing L | 1 | G+5 | 43 | - |
Unit mix on the filing: 199 residential.
Legal and disputes
What disputes are disclosed?
1 complaint is on the MahaRERA record for SPM Lake City Phase II Part 1, with orders passed in 0 of them.
1complaint
0with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 19 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12602662 | 08/05/2026 | INDRAJEET PRALHAD SURYAWANSHI vs KOTHARI & DESHMUKH LANDMARK LLP | pending / no order on file |
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Nov 2028 | The project has been delayed due to general market slowdowns and disruptions in material availability, which have affected the pace of construction. |
Location, Land & Connectivity
Located at Karav Village, Gut No 56/2 Karav Village, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by Gut No 58 Hissa No 3, to the south by 12 metres internal road, to the east by Gut No 59 and to the west by Gut No 56 Hissa No 1. These are the boundaries as recorded in the filed land record.