MahaRERA Property Intelligence · Thane

FIRST ELEGANCE

P51700051016 · BADLAPUR EAST KATRAP · promoter Gurupreet Singh Baldev

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51700051016
Registered on22 May 2023
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.

Sales & Inventory

Of 12 homes filed with MahaRERA, 8 are sold/booked (6 with registered agreements + 2 booked) and 4 remain available (~67% sold) — selling steadily. Buyers have committed ₹2.88 Cr in agreement value so far. Of that, ₹2.12 Cr (~74%) is already collected, ₹75.94 Lakh receivable — a read on how far along these sales really are. Note: the project registers 24 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 12 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 8 registered agreements, the effective carpet rate is ₹7,631/sqft (typical range ₹5,796–₹9,860) — 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 1101447 sqft (41.54 sqm)₹28.26 Lakh
Floor 1104430 sqft (39.95 sqm)₹18.80 Lakh
Floor 2201447 sqft (41.54 sqm)₹20.34 Lakh
Floor 2202836 sqft (77.69 sqm)₹36.26 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+4 and 24 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
FIRST ELEGANCE1G+42431 Dec 2025

Unit mix on the filing: 24 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
31 Dec 202530 Jun 2026Due to delay in revision of sanction plan and cc and

Location, Land & Connectivity

Located at BADLAPUR EAST KATRAP, SURVEY NO 26, HISSA 2/A/23, PLOT NO 20, VILLAGE SHIRAGAON, TALUKA AMBERNATH, DIST THANE, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by 20 FT ROAD, to the south by KHUSHBOO APARTMENT, to the east by SHREE SHILP APARTMENT and to the west by ANURAG CHS. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~35 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 park35 km
Andheri MIDC / SEEPZ39 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)40 km
Lower Parel / Worli business district47 km
Nariman Point / Fort51 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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OM Shiv Darshan
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RAJ Silverstone Phase-2
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Sairaj Avenue Wing B
possession by Jul 2026 · Virendra Atmaram Salunkhe
Satyam Sheela Wing F
possession by Jul 2026 · Shreeji Developers
Shreeji Greens
possession by Jul 2026 · Deep Laxmi Associates

Major developers building in Badlapur

Other RERA-registered projects in Thane

Flamingo
declared completion Dec 2024 · Roma Builders Private Limited
Flora Heights
declared completion Sep 2025 · Shree Janai Developers
Florence
declared completion Mar 2023 · Satguru Lifespaces
Florentia
declared completion Dec 2022 · Siddhivinayak Homes Pvt. Ltd.
Florenza
declared completion Jun 2025 · Nayantara Developers
Flower Valley
declared completion Jun 2022 · Shree Sai Vastu Hills

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