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The Imperial Worli

P15

Worli seafront — sea-facing on BMC land tied to a live lease case · RERA P51900076737

Imperial plot outlined on the Rexray View MapYour plot on the 2032 skyline · tap for context
Overall Score5.3/10as of 06/26

The best access in the Worli set and a clean white price, on BMC land the slum-rehabilitation (SRA) ties to a live lease case, on records two years out of date.

Flags
  1. Pending perpetual-lease suit 456/2016 and a live 2018 injunction; the SRA permission makes the scheme subject to its outcome (condition 77).
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: Imperial and its surrounding development modelled at 2032
Imperial — 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 Imperial 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. What is the current status of suit 456/2016 and its 2018 injunction — and since the slum-rehabilitation (SRA) makes the scheme 'subject to the suit', what happens to my unit if the claimants win?
  2. Will my specific apartment be released from the Rs.125 Cr Piramal mortgage? Get a written no-lien/No-Objection Certificate for the unit; what is the charge's outstanding and release schedule? (RERA shows 'no encumbrance' — reconcile.)
  3. Everything on file dates to mid-2024 and RERA hasn't been updated in ~2 years — can you provide a current court status, a fresh charge search, and the latest commencement certificate (Commencement Certificate)/RCC level?
  4. What is the final top floor (the layout sheet shows ~20 floors / 15 apartments, the agreement's payments run to the 28th slab, RERA records 31) and when is full-height commencement certificate (Commencement Certificate) expected above F21?
  5. Is the 320.98 sqft 'Appurtenant/Limited Common Area on the floor' priced into my consideration, and what could a ~30-floor Aarey redevelopment do to the sea view?
  6. How reliable is the fully mechanized parking — who built the system, are they established in India, what is its uptime record, is there any ramp fallback if it jams, and what does maintenance add to my society dues?
Analyst's Read

The strengths are real and the build is visibly progressing — ~20+ floors are up (June 2026), with an efficient one-apartment-per-floor 4BHK, a good kitchen air path, ~3-minute Coastal Road access (best in the Worli set), a fully-white registration (~2x ready-reckoner) and a homogeneous Rs.35-70 Cr UHNW community. The tenure is a non-issue (a standard BMC 30+30 slum-rehabilitation (SRA) lease, negligible renewal). What holds the verdict back is the legal fundamentals, and that they are under-evidenced: a pending perpetual-lease suit (456/2016) with a live 2018 injunction the slum-rehabilitation (SRA)'s own approval makes the scheme subject to, and a Rs.125 Cr Piramal mortgage the RERA portal doesn't show — both of which a buyer must run as live due-diligence (including a no-lien release of their own unit), on a record that is ~2 years stale with no RERA filing in ~2 years. Add an officially 'deficient' open space, concealment marketing, and a sea view open today but the most exposed of the four aspects (Lodha's rehab, a possible ~30-floor Aarey tower in front). The verdict is Investigate, leaning Skip until the suit/injunction and the mortgage (and the unit-level release) are refreshed and cleared.

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