BHAGWATI LUXURIA

Delivery & Registration

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Signature Global is the promoter of record on 18 projects, of which none currently 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 ~87.5% of the estimated project cost incurred as of the last certificate (₹23.62 Cr spent against a ₹27.00 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 88 homes filed with MahaRERA, 53 are sold/booked (51 with registered agreements + 2 booked) and 35 remain available (~60% sold) — selling steadily. Buyers have committed ₹74.68 Cr in agreement value so far. Of that, ₹53.56 Cr (~72%) is already collected, ₹21.11 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 53 registered agreements, the effective carpet rate is ₹17,009/sqft (typical range ₹14,373–₹22,344) — 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:

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+27 and 88 homes are registered across the project.

Unit mix on the filing: 79 residential and 9 non-residential (shops/offices).

Complaints

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

Location, Land & Connectivity

Located at SECTOR -1 9, NEXT TO DMART, Thane, Thane, 410210. Per the filed land record, the plot is bounded to the north by PLOT NO 27D, to the south by PLOT NO 38 AND 39 BUILDING, to the east by PROPOSED 15 MTR WIDE ROAD and to the west by EXISTING CHANNEL. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Builder track record

Bhagwati Signature LLP is the promoter on 3 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).

See every Bhagwati Signature LLP project & its RERA track record →

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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.