Kothari Construction CO
MahaRERA Property Intelligence · Palghar
P99000009883 · WALIV · promoter Kothari Construction Co
| MahaRERA registration | P99000009883 |
| Registered on | 22 Aug 2017 |
| Promoter-declared completion | 30 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
Across MahaRERA, Kothari Construction Co is the promoter of record on 33 projects, of which 2 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.
MahaRERA's cost filing puts construction at ~98.0% of the estimated project cost incurred as of the last certificate (₹22.15 Cr spent against a ₹22.60 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 208 homes filed with MahaRERA, 180 are sold/booked and 28 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹34.16 Cr in agreement value so far. Of that, ₹33.56 Cr (~98%) is already collected, ₹60.36 Lakh receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 180 registered agreements, the effective carpet rate is ₹4,782/sqft (typical range ₹3,551–₹7,367) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 3 | 304 | 540 sqft (50.16 sqm) | ₹11.64 Lakh |
| Floor 4 | 406 | 536 sqft (49.79 sqm) | ₹17.68 Lakh |
| Floor 4 | 406 | 353 sqft (32.79 sqm) | ₹11.64 Lakh |
| Floor 5 | 504 | 352 sqft (32.7 sqm) | ₹11.64 Lakh |
| Floor 5 | 506 | 352 sqft (32.7 sqm) | ₹11.64 Lakh |
| Floor 6 | 604 | 352 sqft (32.7 sqm) | ₹11.64 Lakh |
| Floor 7 | 702 | 352 sqft (32.7 sqm) | ₹11.61 Lakh |
| Floor 7 | 703 | 352 sqft (32.7 sqm) | ₹11.61 Lakh |
| Floor 7 | 704 | 536 sqft (49.79 sqm) | ₹17.68 Lakh |
| Floor 7 | 706 | 536 sqft (49.79 sqm) | ₹17.68 Lakh |
| Floor 7 | 707 | 353 sqft (32.79 sqm) | ₹11.64 Lakh |
| Floor 7 | 708 | 353 sqft (32.79 sqm) | ₹11.64 Lakh |
| Ground/Floor 0 | A-001 | 168 sqft (15.6 sqm) | ₹6.79 Lakh |
| Ground/Floor 0 | A-002 | 125 sqft (11.61 sqm) | ₹5.05 Lakh |
| Ground/Floor 0 | A-02 | 125 sqft (11.61 sqm) | ₹5.05 Lakh |
| Ground/Floor 0 | A-03 | 138 sqft (12.82 sqm) | ₹5.58 Lakh |
| Ground/Floor 0 | A-04 | 125 sqft (11.61 sqm) | ₹5.05 Lakh |
| Ground/Floor 0 | A-06 | 209 sqft (19.41 sqm) | ₹8.44 Lakh |
| Ground/Floor 0 | B-12 | 209 sqft (19.41 sqm) | ₹8.44 Lakh |
| Ground/Floor 0 | B-14 | 206 sqft (19.13 sqm) | ₹8.32 Lakh |
| Ground/Floor 0 | B-15 | 206 sqft (19.13 sqm) | ₹8.32 Lakh |
| Ground/Floor 0 | B-16 | 147 sqft (13.65 sqm) | ₹5.94 Lakh |
| Ground/Floor 0 | B-17 | 209 sqft (19.41 sqm) | ₹8.44 Lakh |
| Ground/Floor 0 | B-18 | 209 sqft (19.41 sqm) | ₹8.44 Lakh |
| Ground/Floor 0 | C-19 | 147 sqft (13.65 sqm) | ₹5.94 Lakh |
| Ground/Floor 0 | C-20 | 209 sqft (19.41 sqm) | ₹8.44 Lakh |
| Ground/Floor 0 | C-21 | 154 sqft (14.3 sqm) | ₹6.22 Lakh |
| Ground/Floor 0 | C-22 | 154 sqft (14.3 sqm) | ₹6.22 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+8 and 208 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| A | 1 | G+8 | 50 | - |
| B | 1 | G+8 | 68 | - |
| C | 1 | G+8 | 48 | - |
| D | 1 | G+8 | 42 | - |
Unit mix on the filing: 182 residential and 26 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12502532 | 23/07/2025 | PRAKASH FOJMAL JAIN vs KOTHARI CONSTRUCTION CO | order passed |
The promoter has had the MahaRERA completion deadline formally extended 2 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Dec 2026 | 30 Dec 2023 | We have received the revised Commencement certificate on 06.09.2021 and the construction work of A 7 B - wing is in progress hence we need extension |
| 30 Dec 2026 | 30 Dec 2026 | Possession of C & D - Wing are handover and Society is formed and construction of A - Wing are completed upto 76% & B - Wing is completed upto 90% , due to getting revised the Comm |
Located at WALIV, ARIHANT INDUSTRIAL ESTATE, Thane, Thane, 401208. Per the filed land record, the plot is bounded to the north by 20 M D P ROAD, to the south by S NO 9A, to the east by S NO 18 and to the west by INDUSTRIAL BUILDING. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~26 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 26 km |
| Powai / Hiranandani business park | 28 km |
| Chhatrapati Shivaji Int'l Airport | 30 km |
| Bandra Kurla Complex (BKC) | 33 km |
| Lower Parel / Worli business district | 41 km |
| Nariman Point / Fort | 49 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.
🔒 Unit-by-unit guidance · Unit Guidance report
Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.
🔒 Full financial records — escrow, funding & the document catalog · Compliance report
The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.
Should you buy in APEKSHA COMPLEX?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Kothari Construction CO is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.
Last checked against the RERA register: 27 Jul 2026