Modi’s Navnirman Ltd has received the Occupation Certificate for Rashmi Celestia, a MahaRERA-approved residential project in Borivali West, Mumbai. With 84 units across 16 floors, modern amenities, and strategic location, the certification paves the way for possession, boosting buyer confidence and strengthening the developer’s reputation in Mumbai’s real estate market.
Key Highlights
Project Milestone: Rashmi Celestia, registered under MahaRERA (P51800051034), has officially received its Occupation Certificate, ensuring compliance with regulatory standards.
Location Advantage: Situated in Borivali West, one of Mumbai’s fastest-growing residential zones, offering connectivity and lifestyle convenience.
Project Details:
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Total Units: 84 (64 residential, 20 non-residential)
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Floors: 16 sanctioned and habitable
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Amenities: 14 lifestyle features including parking (134 closed spaces)
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Possession Timeline: Proposed completion by November 2025
Market Impact: With prices starting around ₹2.16 crore, the certification enhances buyer trust and positions Rashmi Celestia as a premium choice for families and investors.
Developer Credibility: Modi’s Navnirman Ltd, backed by HDFC Bank financing, continues to strengthen its footprint in Mumbai’s real estate sector.
Why It Matters
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For Buyers: The Occupation Certificate guarantees legal readiness for possession, reducing risk.
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For Investors: Signals project completion stability, boosting resale and rental potential.
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For Market: Reinforces Borivali West’s reputation as a high-demand residential hub.
Sources: ProPi, Mumbai Property Exchange, MahaRERA portal