Real Estate X-Ray

Sesen

P102

Marketed at 66 storeys; only 16 of ~30 duplexes were ever sanctioned. · RERA P51900005355

Sesen plot outlined on the Rexray View MapYour plot on the 2032 skyline · tap for context
Overall Score6.2/10as of 09/26

The tower that was sold before it was sanctioned — and waited a decade for the rules to catch up

Flags
  1. Buy only after the Occupation Certificate - this tower stalled half-built for over a decade, is still unfinished, and its RERA record is thin.
  2. The portal wrongly shows no charge on a heavily-mortgaged asset - get a written per-unit charge release before you pay.
The 5 things that decide it tap to jump
FVL — Rexray's index · F Fundamentals · V Value · L Livability · each pillar is the average of its scored attributes, scored 0–10: Weak (<4) · Mixed (4–6) · Fair (6–7.5) · Strong (7.5+) · the verdict is set separately, by hard-stop rules · Scoring Methodology →
The plot & what surrounds it — at 2032
Rexray View Map: Sesen and its surrounding development modelled at 2032
Sesen — plot boundaryResidentialCommercialFuture confirmed development (layout speculative)Existing Building
Rexray View Map — every surrounding mass is modelled from sanctioned or filed data at possession-horizon build-out. The red boundary marks the Sesen plot; the coloured blocks around it are the neighbouring residential, commercial, and rehabilitation development at build-out. This is the density the Livability score is measuring.

Pillar scores are provisional roll-ups derived from the 16 attribute scores · FVL numeric scoring pending across all properties

Five questions to ask before you commit
  1. Is the full 66-storey / ~30-duplex tower now fully sanctioned — under which amended approval, and with how much Transfer of Development Rights actually loaded — or are the upper duplexes still awaiting approval?
  2. What is the live commencement-certificate position (the copy on file lapsed in 2018 and covers only to the 37th floor)?
  3. Who is completing the tower today (is the current SPV the VTP vehicle?), and what is that group's delivery record?
  4. What is the funding plan and timeline for the ~Rs 344 cr still to be spent, against the 31/12/2027 RERA date?
  5. What is the current charge position on the tower and on the specific home (latest search + lender No-Objection Certificate), given the Indiabulls and earlier borrowings?
Analyst's Read

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Source tagsREG registered docs · GOV government · REXRAY field intel · SEC verified secondary · MKT marketing (documents claims, never verifies).
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