MahaRERA Property Intelligence · Palghar

AQSA BUILDING 2

P99000030742 · WALIV VASAI · promoter New Star Developers

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000030742
Registered on13 Sep 2021
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 months to the declared date

Regulatory Standing

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.

Builder Track Record

Across MahaRERA, New Star Developers is the promoter of record on 18 projects, of which 1 carries 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.

Construction Progress

MahaRERA's cost filing puts construction at ~95.1% of the estimated project cost incurred as of the last certificate (₹11.79 Cr spent against a ₹12.40 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.

Sales & Inventory

Of 72 homes filed with MahaRERA, 47 are sold/booked and 25 remain available (~65% sold) — selling steadily. Buyers have committed ₹10.49 Cr in agreement value so far. Of that, ₹10.49 Cr (~100%) is already collected, ₹0 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 47 registered agreements, the effective carpet rate is ₹4,123/sqft (typical range ₹3,834–₹4,776) — 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:

FloorUnitCarpetReckoner value
Floor 1A/101441 sqft (40.98 sqm)₹18.38 Lakh
Floor 1A/102668 sqft (62.03 sqm)₹27.82 Lakh
Floor 1A/104435 sqft (40.43 sqm)₹18.13 Lakh
Floor 1A/107435 sqft (40.43 sqm)₹18.13 Lakh
Floor 2A/204435 sqft (40.43 sqm)₹18.13 Lakh
Floor 3A/308433 sqft (40.23 sqm)₹18.04 Lakh
Floor 4A/401441 sqft (40.98 sqm)₹18.38 Lakh
Floor 4A/406670 sqft (62.25 sqm)₹27.92 Lakh
Floor 5A/503577 sqft (53.59 sqm)₹24.03 Lakh
Floor 5A/505591 sqft (54.91 sqm)₹24.63 Lakh
Floor 5A/506670 sqft (62.25 sqm)₹27.92 Lakh
Floor 5A/508435 sqft (40.43 sqm)₹18.13 Lakh
Floor 6A/602668 sqft (62.03 sqm)₹27.82 Lakh
Floor 6A/608435 sqft (40.43 sqm)₹18.13 Lakh
Floor 7A/701441 sqft (40.98 sqm)₹18.38 Lakh
Floor 7A/702668 sqft (62.03 sqm)₹27.82 Lakh
Floor 7A/705591 sqft (54.91 sqm)₹24.63 Lakh
Floor 7A/706670 sqft (62.25 sqm)₹27.92 Lakh
Floor 8A/801441 sqft (40.98 sqm)₹18.38 Lakh
Floor 8A/803435 sqft (40.43 sqm)₹18.13 Lakh
Floor 8A/805441 sqft (40.98 sqm)₹18.38 Lakh
Floor 9A/904435 sqft (40.43 sqm)₹18.13 Lakh
Floor 9A/905591 sqft (54.91 sqm)₹24.63 Lakh
Floor 9A/906670 sqft (62.25 sqm)₹27.92 Lakh
Floor 9A/907435 sqft (40.43 sqm)₹18.13 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.

Buildings & Wings

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+9 and 72 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
AQSA BUILDING 21G+972-

Unit mix on the filing: 72 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
10 Dec 202331 Dec 2026Flats Are still unsold . Out of Total 72 Flats only 20 Flats are Sold , remain 52 is unsold till todays date, And building Work is still not Completed, OC is pending.

Location, Land & Connectivity

Located at WALIV VASAI, WALIV VASAI, Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by COMPOUND WALL, to the south by R G, to the east by CFC and to the west by D P ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Other RERA-registered projects in Vasai East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Aradhya Heights
possession by Dec 2026 · Harshal Pandit Khairnar
Aradhya Residency
possession by Mar 2027 · Devine Infra
Arafat CHS Ltd,anab CHS Ltd, AL Ashiyana CHS LTD
possession by Dec 2027 · Karari Group Builders & Developers
Arch Developers
possession by Mar 2027 · Arch Developers
Arham Residency
declared completion Dec 2025 · NPS Buildcon Private Limited
Arham Villas
declared completion Mar 2022 · Vasudha Builders Limited

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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