MahaRERA Property Intelligence · Thane

Balram Complex

P51700034529 · Tisgaon · promoter Universal Builders

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51700034529
Registered on11 Apr 2022
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past 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, Universal Builders is the promoter of record on 81 projects, of which 9 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.

Construction Progress

MahaRERA's cost filing puts construction at ~94.5% of the estimated project cost incurred as of the last certificate (₹19.67 Cr spent against a ₹20.81 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 95 homes filed with MahaRERA, 80 are sold/booked and 15 remain available (~84% sold) — selling steadily. Buyers have committed ₹32.59 Cr in agreement value so far. Of that, ₹25.84 Cr (~79%) is already collected, ₹6.75 Cr 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 80 registered agreements, the effective carpet rate is ₹7,773/sqft (typical range ₹6,882–₹9,056) — 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 1101531 sqft (49.37 sqm)₹36.36 Lakh
Floor 1102533 sqft (49.5 sqm)₹36.46 Lakh
Floor 1103468 sqft (43.46 sqm)₹32.01 Lakh
Floor 1104469 sqft (43.53 sqm)₹32.10 Lakh
Floor 1105535 sqft (49.7 sqm)₹36.61 Lakh
Floor 1106541 sqft (50.25 sqm)₹36.36 Lakh
Floor 141404469 sqft (43.53 sqm)₹28.99 Lakh
Floor 2201531 sqft (49.37 sqm)₹36.36 Lakh
Floor 2202533 sqft (49.5 sqm)₹36.46 Lakh
Floor 2204469 sqft (43.53 sqm)₹32.10 Lakh
Floor 2206541 sqft (50.25 sqm)₹36.61 Lakh
Floor 3303468 sqft (43.46 sqm)₹32.01 Lakh
Floor 3304469 sqft (43.53 sqm)₹32.10 Lakh
Floor 3306541 sqft (50.25 sqm)₹33.47 Lakh
Ground/Floor 012,718 sqft (252.5 sqm)-

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+15 and 95 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING B1G+1594-
WING A1G+11-

Unit mix on the filing: 95 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
30 Dec 202530 Jun 2026The project has experienced unavoidable delays due to a combination of labour shortage and disruption in the supply chain of essential construction materials. During the constructi

Location, Land & Connectivity

Located at Tisgaon, Tisgaon, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by Ram Shankar Gaikwad Kailas Hari Gaikwad Property, to the south by Balaram Arjun Gaikwad Property, to the east by Rajendra Krushna Gaikwad Property and to the west by Jayaram Padu Gaikwad Property. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~27 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park27 km
Andheri MIDC / SEEPZ29 km
Chhatrapati Shivaji Int'l Airport32 km
Bandra Kurla Complex (BKC)33 km
Lower Parel / Worli business district41 km
Nariman Point / Fort46 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.

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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Builder track record

Universal Builders 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).

Other RERA-registered projects in Kalyan

Tharwani Solitaire Phase IV
possession by Jul 2026 · Anil Hardasmal Tharwani
Kailash Gardens
possession by Jul 2026 · Shree Laxmi Enterprises
Mangeshi Ambar
possession by Jul 2026 · Mangesh Dashrath Gaikar
Mangeshi Tulip
possession by Jul 2026 · Mangesh Dashrath Gaikar
Anand 21 Uptown
possession by Aug 2026 · VPA Developers
Pawan Atharva Phase I
possession by Aug 2026 · Pawan Real Estate

Major developers building in Kalyan

Other RERA-registered projects in Thane

Bama Kathod Heights
declared completion Mar 2024 · Vastu SAI Builders & Developers
Bama Patil Shopping Centre
declared completion Oct 2022 · Nivesh Enterprises
Bamubai Sadan
declared completion Oct 2021 · Samarth Developers
Banjara Hills Sector 7
declared completion Dec 2022 · Seema Developers
Bank Of Maharashtra Employees Manisha Co-Operative Housing Society Limited
declared completion Jan 2025 · J B Constructions
Bapu Nagar
declared completion Jul 2025 · Annapurna Corporation

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