MahaRERA Property Intelligence · Palghar

FLORA

P99000066565 · MANICKPUR · promoter Pearl Developers

Certificate SignedDue 31 Jan 2028

Delivery & Registration

MahaRERA registrationP99000066565
Registered on11 Jun 2024
Promoter-declared completion31 Jan 2028
Current statusCertificate Signed
Against today18 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, Pearl Developers is the promoter of record on 35 projects, of which 3 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 ~81.2% of the estimated project cost incurred as of the last certificate (₹12.18 Cr spent against a ₹15.00 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 48 homes filed with MahaRERA, 1 are sold/booked and 47 remain available (~2% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹43.00 Lakh in agreement value so far. Of that, ₹27.95 Lakh (~65%) is already collected, ₹15.05 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.

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+12 and 48 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 7 WING B1G+1248-

Unit mix on the filing: 48 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.

Location, Land & Connectivity

Located at MANICKPUR, MANICKPUR ROAD, Vasai, Palghar, 401202. Per the filed land record, the plot is bounded to the north by 20 MTR WIDE DP ROAD, to the south by BUILDING NO 1, to the east by BUILDING NO 7 WING A and to the west by BUILDING NO 7 WING C. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~28 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ28 km
Powai / Hiranandani business park30 km
Chhatrapati Shivaji Int'l Airport33 km
Bandra Kurla Complex (BKC)35 km
Lower Parel / Worli business district43 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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Builder track record

Pearl Developers 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 Vasai West

Regal Pride
possession by Jul 2026 · Suvidha Enterprises
Dunlin
possession by Sep 2026 · Newfield Infraventures
Happy Home Jasmine C D
possession by Sep 2026 · Happy Home Corporation
Dream Aura
possession by Dec 2026 · Clement Regency Developers
Classic Heights
possession by Dec 2026 · Sethi Construction CO.
Vijaya Complex
Not filing quarterly progress reports · possession by Dec 2026 · Padmavati Enterprises

Other RERA-registered projects in Palghar

Flora
possession by Dec 2028 · Shree Mahavir Builders & Developers
Flower Alley
declared completion Dec 2019 · Salauddin Abdulmajid Shaikh
Flower Valley Complex
declared completion Dec 2025 · Sheru Shamsher Khan
Fort Maurice Apartment AND Aakanksha
declared completion Dec 2025 · Prasadam Associates
Fort Mourice Apartment 1 Wing C
possession by Dec 2030 · Prasadam Associates
Fort View
possession by Apr 2028 · Sunrise Construction

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