Ascent – Worli

Commercial · Mumbai

16 of 22 verified

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Approvals, OC and RERA

Commencement certificate (CC)

Commencement Certificate, file EB/1105/GS/A — endorsed on 11 April 2025 (EB/1105/GS/A/FCC/9/Amend) for the entire work: '3 Basements + Ground floor + 10 upper floors for Wing A', as per the amended plan of 30 September 2024; plinth for Wing A first granted 30 August 2019

Verified — document Brihanmumbai Municipal Corporation — application EB/1105/GS/A/FCC/9/Amend: Commencement Certificate with its endorsements to 11 April 2025 · read 4 Oct 2026

Occupancy certificate (OC)

OC cited in the REIT's valuation report — the valuation in the annual report measures the building's age from its OC date; the valuation report adds 'received for full potential of structure of both wings'

Verified — cited in a filing Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Environmental clearance (EC)

EC23B039MH123060 — received

Not yet verified Mindspace REIT Postal Ballot Notice dated 28 Nov 2025, incl. the ANVI valuation report for Ascent – Worli — BSE filing of 28 Nov 2025 · read 2 Oct 2026

Fire NOC

Chief Fire Officer's completion certificate No. EB/1105/GS/A-CFO/1/New, 14 Jun 2024 — as the municipal corporation's full occupation certificate of 24 Oct 2025 states it (the CFO certificate itself is not on file)

Verified — document Brihanmumbai Municipal Corporation — application EB/1105/GS/A/OCC/5/New: Occupation cum Building Completion Certificate (full occupation) of 24 October 2025 · read 27 Oct 2026

Title and charges

Plot

C.S. No. 2/1629 and 1A/1629, Lower Parel Division; Plot No. 249, 249A & 249B of Worli Scheme No. 52, G/S Ward

Verified — document Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Land area

22.45% undivided leasehold right, title and interest in land of ~4.61 acres (20.81% Wing A, 1.64% Wing B)

Verified — document Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Land tenure

leasehold — perpetual lease

Verified — document Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Owning company

Pramaan Properties Private Limited — the SPV; Mindspace Business Parks REIT holds 100%

Verified — document Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Owning company's CIN

U45400MH2008PTC177804

Verified — document Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Promoter company

K Raheja Corp (the REIT's sponsor group)

Verified — document Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Registered charge

HDFC Bank term loan to Pramaan Properties (₹6,508.30 million, plus current maturities ₹223.90 million and an overdraft of ₹678.40 million): first-ranking exclusive charge on the building known as 'Raheja Ascent', its leasable area of 4,52,615 sq ft and the proportionate share in the project land

Not yet verified Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Charge naming this building

the security names the building ('Raheja Ascent', on C.S. 2/1629 and 1A/1629, Lower Parel)

Not yet verified Mindspace Business Parks REIT Annual Report 2025-26, incl. the summary valuation report — NSE filing of 30 Jun 2026 · read 2 Oct 2026

Owner

Mindspace Business Parks REIT

Not yet verified SEBI REIT Disclosure - Mindspace · read 30 Jul 2026