Gulmohar CHS
Andheri West, K/W ward. 48 flats and 4 shops, 2,400 sq m plot, regulation .
VerifiedBid openedMembers vote 29 Aug 2027
Next step
Members vote on 29 Aug 2027, in 11 days
Bids closed 6 Aug 2027, and your bid was opened in front of members. Nothing is needed from you before the vote. If the society selects you, the follows and the first 25% of the success fee, ₹30 L, falls due.
- Verification: done
- Listed as a masked card: done
- Developers unlocking: done
- Deal rooms open: done
- Sealed bids: done
- General body vote: current stage
- Letter of intent: ahead
- Development agreement registered: ahead
- Commencement certificate: ahead
Success fee if selected
₹1.20 Cr
Paid at LOI, DA and CC
LOI ₹30 L
DA ₹60 L
CC ₹30 L
Your bid
Opened35% extra area
Corpus ₹18 L per flat, rent ₹55,000, shifting ₹40,000, 36 months to finish, guarantee ₹12 Cr
Key facts
Each figure says how far it is checked
- Plot area
- 2,400 sq mVerified
- Existing built-up area
- 3,050 sq mPer document
- potential
- 3.2Estimate
- Flats and shops
- 48 flats, 4 shopsVerified
- Built in
- 1979Verified
- Regulation
- 33(7)(B)
- Verification
- Verified
- Sterling Project Consultants
- Society's architect
- Menon Architects
- Sealed bids
- Bids closed 6 Aug 2027
What the labels mean
- Verified
- Checked by the deal team against a registered deed, a certified record or a signed report.
- Per document
- As the society's documents state it, not re-measured or certified.
- Estimate
- Worked out by the deal team from the figures above. Illustrative, not a valuation.
Gulmohar CHS Neighbourhood What redevelopment delivers Construction stage, for illustration
Documents
4 of 9 verified documents
- VerifiedSociety registration certificateChecked by Farhan Qureshi
- VerifiedConveyance deed (2014)Checked by AI, then Farhan Qureshi
- VerifiedProperty card, CTS 512 and 512/1–3Checked by Farhan Qureshi
- VerifiedDP remarks (DP 2034)Checked by AI, then Farhan Qureshi
The Documents tab opens every page, watermarked with your name.
Activity
Everyone on this deal
- Uploaded the MCGM property tax no-dues certificate.16 Aug 2027, Hasmukh Mehta
- Opened the four sealed bids in front of members.10 Aug 2027, Anjali Deshpande
- Kavach Realty submitted its sealed bid.6 Aug 2027, Vikram Rao
- Site visit and pre-bid meeting held.12 Jun 2027, Vikram Rao
- Lead Ledger entry LL-2027-000118 signed and anchored.21 May 2027, Vikram Rao
Committee
3 members
- Meena JoshiChairperson
- Suresh PatilSecretary
- Hasmukh MehtaTreasurer
Verified facts
- Conveyance completed in 2014
- No litigation found in eCourts search
- DP remarks: no road widening or reservation
- 44 of 48 members voted to redevelop
What the plot can carry
DCPR 2034, 13.4 m road (12 to 18 m band)
- Basic FSI1.0 × 2,400 sq m plot2,400 sq mPublic data
- Premium FSI0.5 × plot, bought from MCGM1,200 sq mPublic data
- TDR0.7 × plot, bought on the market1,680 sq mPublic data
- Fungible area35% of the 5,280 sq m above, on premium1,848 sq mPublic data
- 33(7)(B) incentive10 sq m for each of 52 flats and shops520 sq mEstimate
- Total built-up areaFSI potential 3.2: the total over the plot7,648 sq mEstimate
What the labels mean
- Public data
- From official tables or registered sales, not specific to this plot.
- Estimate
- Worked out by the deal team from the figures above. Illustrative, not a valuation.
Sales value by price and members' extra area
₹ crore
| Extra for members | ₹28,000 | ₹29,500 | ₹31,000 | ₹32,500 | ₹34,000 |
|---|---|---|---|---|---|
| 25% | 92.5 | 97.4 | 102.4 | 107.3 | 112.3 |
| 30% | 88.8 | 93.6 | 98.3 | 103.1 | 107.8 |
| 35% | 85.1 | 89.7 | 94.2 (base case) | 98.8 | 103.4 |
| 40% | 81.4 | 85.8 | 90.2 | 94.5 | 98.9 |
| 45% | 77.8 | 81.9 | 86.1 | 90.3 | 94.4 |
Rows: the extra carpet area members get over what they have today. Columns: the sale price per sq ft of carpet. The outlined cell is the base case, 35% extra at ₹31,000.
Who gets the area
At 35% extra for members
- Members' new homesThe 3,050 sq m built today, plus 35%4,118 sq m
- Flats for sale30,402 sq ft of carpet at 80% of built-up area3,531 sq m
Sales value
Flats for sale only
- Low at ₹28,000 per sq ft
- ₹85.12 Cr
- Base at ₹31,000 per sq ft
- ₹94.24 Cr
- High at ₹34,000 per sq ft
- ₹103.37 Cr
Estimate
Prices nearby
Per sq ft of carpet
- New launches within 2 kmMahaRERA filings, Apr to Jun 2027₹33,600Public data
- Registered resales within 1 kmIGR registrations, Jan to Mar 2027₹27,900Public data
An estimate to start from, not a valuation
The deal team works this out from the DCPR 2034 tables, the verified plot and the society's own figures. Your architect confirms the FSI before you bid. Construction cost, premiums, rent for members and your return stay in your own model.
What the deal team checked
10 checks in 5 areas
Title and conveyance
25 pointsClearedThe society owns the land: registration, conveyance, property card and a litigation search.
Society registration: Passed
Society registration certificate.pdf
Conveyance: Passed. Completed in 2014
Conveyance deed.pdf
Property card: Passed. Plot area 2,400 sq m matches the conveyance deed within 0.4%
Property card.pdf
Litigation search (eCourts): Passed. No cases against the society or the building
Planning and FSI
25 pointsClearedWhat the plot can carry: DP remarks, the road it fronts, set-backs and reservations.
DP remarks: Passed. No reservation and no road widening; the plot fronts a 13.4 m road
DP remarks (DP 2034).pdf
Members and consent
25 pointsClearedWho the members are, and a general body resolution to redevelop.
Member list and share certificates: Passed. 48 flat owners and 4 shop owners
Member list with share certificates.pdf
General body resolution to redevelop: Passed. 44 of 48 voted to redevelop on 13 Dec 2026
SGM minutes 13 Dec 2026.pdf
Building condition
15 pointsClearedThe structural audit and the building's age.
Structural audit: Passed. Rated C2-B: major repairs needed
Structural audit report.pdf
Occupation certificate: Passed. Original not traceable; MCGM letter and society affidavit accepted instead
Market
10 pointsClearedRegistered sale prices nearby, which set the price range developers work from.
Registered sales nearby: Passed. 14 registered sales within 1 km, Jan to Mar 2027
IGR registrations.pdf
Verification score
100of 100 points cleared
Signed off by Farhan Qureshi on 30 Apr 2027.
How the score works
Each area carries points for how badly a deal fails if it goes wrong there: title, planning and members 25 each, the building 15 and the market 10. An area counts only when every check in it has passed. A project is listed only at 100.
Verified documents
9 documents, viewing logged
Watermarked and logged
Each page carries your name and the time. Viewing is logged and Gulmohar CHS can see the log. Downloading is off.
- Verified
Society registration certificate
3 pages, checked by Farhan Qureshi
- Verified
Conveyance deed (2014)
10 pages, checked by AI, then Farhan Qureshi
Plot area 2,400 sq m matches the property card within 0.4%
- Verified
Property card, CTS 512 and 512/1–3
17 pages, checked by Farhan Qureshi
- Verified
DP remarks (DP 2034)
5 pages, checked by AI, then Farhan Qureshi
No reservation and no road widening found
- Verified
Approved building plans (1978)
12 pages, checked by Farhan Qureshi
- Verified
Occupation certificate
19 pages, checked by Farhan Qureshi
Original not traceable; MCGM letter and society affidavit accepted instead
- Verified
Member list with share certificates
7 pages, checked by Farhan Qureshi
- Verified
Structural audit report (2026)
14 pages, checked by Farhan Qureshi
Rated C2-B: major repairs needed
- Verified
Audited accounts, last 3 years
21 pages, checked by Farhan Qureshi
Your bid
Opened
- Extra area
- 35%
- Corpus
- ₹18 L
- Rent
- ₹55,000
- Shifting
- ₹40,000
- Time to finish
- 36 months
- Guarantee
- ₹12 Cr
- Parking
- 1 covered per flat
- Amenities
- Gym, Terrace garden, Society office
Sealed on 6 Aug 2027 and opened in front of members. Only the society and the deal team see the other bids.
Key dates
- Sealed bids closed6 Aug 2027
- Bids opened in front of members10 Aug 2027
- Members vote to select the developer29 Aug 2027
Latest messages
End-to-end encrypted
You, 6 Aug, 16:58
Our sealed bid is submitted.
You, 5 Jul, 10:15
11 months in advance, with post-dated cheques for the rest. It is in clause 9 of our draft.
Meena Joshi, Gulmohar CHS, 4 Jul, 18:45
Members ask how rent will be paid during construction. Monthly or 11 months in advance?
8 messages since 21 May 2027Open deal room
Members
6 in the room
- Meena Joshi, Gulmohar CHS
- Suresh Patil, Gulmohar CHS
- Hasmukh Mehta, Gulmohar CHS
- Vikram Rao (you), Kavach Realty
- Aditi Rao, Kavach Realty
- Anjali Deshpande, RightRange
- Your bid
- Opened
- AI summary
- 4 of 6 opted in
- Sealed bids
- Bids closed 6 Aug 2027
Your Lead Ledger entry
Revealed
- Entry
- LL-2027-000118
- Signed
- 21 May 2027, Aadhaar eSign
- Introduced by
- RightRange deal team (70%), Rakesh Shah (30%)
- Non-circumvention
- 36 months, 48 months
- Success fee if selected
- ₹1.20 Cr
- Anchored
- Polygon, 21 May 2027
Milestones
Invoiced when the deal team confirms the evidence
| Milestone | Share | Amount | Status |
|---|---|---|---|
| LOI | 25% | ₹30 L | Not reached |
| Development agreement registered | 50% | ₹60 L | Not reached |
| Commencement certificate | 25% | ₹30 L | Not reached |
Owed only if you are selected
The success fee is due in three parts as the deal reaches LOI, the registered development agreement and the commencement certificate.
Lead Ledger certificate
LL-2027-000118Kavach Realty Pvt Ltd was introduced to Gulmohar CHS, Andheri West, by RightRange deal team and Rakesh Shah, Shah Estate Consultants.
- Success fee
- ₹1.20 Cr, only if selected
- Paid on
- LOI 25%, DA 50%, CC 25%
- Signed
- 21 May 2027, Aadhaar eSign
- Stamp paper
- IN-MH99161383981612X
| Introducer | Share | Non-circumvention |
|---|---|---|
| RightRange deal team | 70% | 36 months |
| Rakesh ShahShah Estate Consultants, MahaRERA A51800034567 | 30% | 48 months |
Governed by Indian law. Disputes go to arbitration seated in Mumbai. Covers the recipient’s group companies, SPVs and LLPs.
Activity
Everyone on this deal, newest first
- Uploaded the MCGM property tax no-dues certificate.16 Aug 2027, Hasmukh Mehta
- Opened the four sealed bids in front of members.10 Aug 2027, Anjali Deshpande
- Kavach Realty submitted its sealed bid.6 Aug 2027, Vikram Rao
- Site visit and pre-bid meeting held.12 Jun 2027, Vikram Rao
- Lead Ledger entry LL-2027-000118 signed and anchored.21 May 2027, Vikram Rao
- Listed the project and published the tender notice.3 May 2027, Anjali Deshpande