Mahindra Rainforest at Kanjurmarg has a RERA-registered possession commitment of Q4 2028 under registration number P51800054567. This is a legally binding commitment, not a sales estimate.
Construction Phase Timeline
| Phase | Period | Key Milestones |
|---|---|---|
| Site Preparation | 2025–Q1 2026 | Piling, excavation, foundation |
| Superstructure | Q2 2026–Q2 2027 | Floor slab casting, core walls |
| Brick & Plaster | Q3 2027–Q1 2028 | Partitions, plaster, MEP rough-in |
| Finishing | Q2–Q3 2028 | Flooring, fixtures, painting, electrical |
| Possession | Q4 2028 | OC, handover, registration |
Mahindra Lifespaces’ Delivery Track Record
Mahindra Lifespaces has delivered 53+ residential projects and 21.14 million sq ft without a single project abandonment in its 30-year history. No Mahindra Lifespaces project appears in MahaRERA’s list of stressed or abandoned projects. The Mahindra Group parent has annual revenue exceeding ₹1.2 lakh crore — providing financial backing in the event of project-specific cash flow stress.
If Possession Is Delayed
If delivery slips beyond Q4 2028, buyers have two RERA-backed options: (1) Continue and receive interest compensation at SBI MCLR + 2% per annum on all amounts paid from the date of default, or (2) Full refund plus the same interest rate. Both are enforceable via MahaRERA tribunal. For a 2 BHK buyer who paid ₹1.99 Cr, a 12-month delay entitles approximately ₹18–20 lakh in RERA interest compensation.
