Mahindra IvyLush received RERA approval from Maharashtra RERA Board in December 2024 in 3 different phases based on towers, and the RERA Number of Tower A and Tower B is P52100055161. The RERA Number of Tower C and Tower D is P52100078592, and the RERA NO of Tower E is P52100055162, and it is valid till March 2030.
The MahaRERA stands for the Maharashtra Real Estate Regulatory Authority and came into existence on 19th April 2019.
The project, Mahindra Ivylush, has met all the Maharashtra RERA Board's safety requirements for buyers. The project was pre-launched on 30th December 2024. These flats are also approved by the PMC and PMRDA of Maharashtra. The project is ready for possession after 30th December 2029.
Apartment Type | RERA Approved Carpet Area (in sq. ft.) | RERA Approved Price (in Rupees) |
2 BHK Spacia | 769.41 sq ft | Rs. 0.93 Cr |
2 BHK Grande | 866.93 sq ft | Rs. 1.05 Cr |
3 BHK Spacia | 1114.72 sq ft | Rs. 1.35 Cr |
3 BHK Grande | 1237.21 sq ft | Rs. 1.52 Cr |
4 BHK | 1598.67 sq ft | Rs. 2.07 Cr |
MahaRERA is a Maharashtra state government body that controls the norms of real estate projects and the agents of Maharashtra state. The main aim of MahaRERA is to have control over the real estate projects and to make a registration under the authority. However, MahaRERA should also register the channel partners, agents, and construction groups.
Some of the benefits of MahaRERA authority for buying Mahindra Ivylush:
By MahaRERA, apartment buyers can fix issues like delays in projects, pricing, quality, and status in a proper manner. Purchasers can buy the Mahindra Ivylush as it is MahaRERA-approved and offers benefits as follows:
Timely delivery of the project - Buyers can complain to the builder if they notice a delay in the project.
Easy to buy - The builders should register the projects and expose all the details to buyers so that buyers can get clarity.
The responsibility of the builder - MahaRERA needs the builder to provide the buyer with a clear title to the property and to hold legal title for it. By this, the chances of property ownership disputes will become less.
Customer Protection - MahaRERA prioritizes protecting flat buyers. It provides access to all the frameworks for handling complaints.
Reduce financial risk for customers -The MahaRERA allows buyers to withdraw from a project and seek a refund if possession or delivery is delayed.
How to know whether the apartments are approved by MahaRERA in Maharashtra?
The Mahindra Ivylush project highlights on the basis of MahaRERA approval:
Project Type | Apartments |
Builder | Mahindra Lifespace Development PVT Ltd. |
Floor Plans | 2, 3, and 4 BHK |
Price | Rs. 93 lakh to 2.07 Cr |
Total Land Area | 5.5 acres |
Total Units | 550 units |
Size Range | 769 to 1600 sq. ft. |
MahaRERA No | P52100078592 |
Launch Date | 09-02-2025* |
Pre-launch Date | 30-12-2024 |
Completion Date | 6 years from the launch date |
Possession Date | 30 December 2029 |
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