REXRAY.AI
Real Estate X-Ray
Shristi Sea View
P74Mahim sea-view tower stalled two-thirds up, registration lapsed · RERA P51900002867 (Shristi Sea View / Building A) - LAPSED
Overall Score4.5/10as of 09/26
A real sea view on a tower frozen two-thirds up
Flags
- Sale registration lapsed and the developer group is insolvent: the tower is frozen near the 34th floor with no committed completion path.
The 5 things that decide it
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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
Shristi Sea View — 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 Shristi Sea View 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
- Is there a committed completion plan - a housing-authority takeover, a replacement developer, or a RERA revival - and a date?
- Is the half-built tower mortgaged or charged to any lender (an independent charge search), and what is the status of the lender litigation?
- For existing buyers: is the delay compensation the sale agreement provides being pursued, and is there an allottees' association?
- Which is the lowest floor with the unobstructed sea view the marketing promises 'from all apartments'?
- What is the current corporate/insolvency status of the developer and its parent group, and who would fund and finish the balance work?
Analyst's Read
The physical asset is sound and rescuable, but a lapsed registration, an insolvent developer and a frozen structure mean money paid now buys delivery risk, not a home. The headline is the composite score and the single critical flag.
Rexray — Real Estate X-Ray · rendered from the registered-document analysis the chat and X-Ray page read.
Source tags — REG registered docs · GOV government · REXRAY field intel · SEC verified secondary · MKT marketing (documents claims, never verifies).
Source tags — REG registered docs · GOV government · REXRAY field intel · SEC verified secondary · MKT marketing (documents claims, never verifies).