Balkrishna Hills
MahaRERA Property Intelligence · Mumbai Suburban
P51800004371 · MATUNGA · promoter Reliable Construction
| MahaRERA registration | P51800004371 |
| Registered on | 09 Aug 2017 |
| Promoter-declared completion | 30 Sep 2026 |
| Current status | Certificate Signed |
| Against today | 2 months to the declared date |
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.
Across MahaRERA, Reliable Construction is the promoter of record on 37 projects, of which 2 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.
MahaRERA's cost filing puts construction at ~60.6% of the estimated project cost incurred as of the last certificate (₹63.22 Cr spent against a ₹104.32 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.
Of 27 homes filed with MahaRERA, 24 are sold/booked (23 with registered agreements + 1 booked) and 3 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹12.45 Cr in agreement value so far. Of that, ₹8.21 Cr (~66%) is already collected, ₹4.24 Cr receivable — a read on how far along these sales really are. Note: the project registers 35 homes in total, but this sold/unsold inventory filing covers only 27 of them — the other 8 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 24 registered agreements, the effective carpet rate is ₹15,462/sqft (typical range ₹13,201–₹17,094) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 102 | 341 sqft (31.67 sqm) | ₹55.65 Lakh |
| Floor 7 | 701 | 360 sqft (33.44 sqm) | ₹55.65 Lakh |
| Floor 7 | 702 | 341 sqft (31.67 sqm) | ₹55.65 Lakh |
⚠ The inventory filing also declares: 8 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+24 and 35 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| GULRAJ PARADISE WING A B C D - SALE | 1 | G+24 | 16 | 31 Dec 2020 |
| RATNAMAL TOWER | 1 | G+16 | 19 | 31 Dec 2020 |
Unit mix on the filing: 27 residential and 8 non-residential (shops/offices).
15 complaints are on the MahaRERA record for this project, with orders passed in 12. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000303355 | 17/11/2022 | RAMESH PRABHAKAR PADALA vs RELIABLE CONSTRUCTION | order passed |
| CC006000000303358 | 17/11/2022 | MAHESH PALAKURTHI vs RELIABLE CONSTRUCTION | order passed |
| CC006000000303424 | 24/05/2023 | Shailendra Vishweshwar Mandaokar vs Reliable Construction | order passed |
| CC006000000303595 | 22/12/2022 | Valerian Francis Pereira vs M/S RELIABLE CONSTRUCTION | order passed |
| CC006000000408549 | 19/12/2023 | Anand Francis Fernandes vs M/s Reliable Construction partnership firm through partner Mr Sadanand Shetty | order passed |
| CC006000000408629 | 31/12/2023 | AMOL PRAKASH MORE vs M/S.RELIABLE CONSTRUCTION THROUGH MR. SADANAND RAJU SHETTY | order passed |
| CC006000000429478 | 01/03/2024 | SANDESH MOHAN KAD vs M/s. Reliable Construction | order passed |
| CC006000000591018 | 05/07/2024 | Murugan Subramaniam Pillai vs M/s Reliable Construction | order passed |
| CC12400707 | 08/11/2024 | pallavi mayuresh kokate vs M/S RELIABLE CONSTRUCTION | order passed |
| CC12501108 | 02/04/2025 | Tushar Nilkanth Maind vs M/S RELIABLE CONSTRUCTION | order passed |
| CC12504712 | 31/12/2025 | Mrs Swetalana Anand Fernandes vs M/S RELIABLE CONSTRUCTION | order passed |
| CC12601383 | 12/03/2026 | Shailendra Vishweshwar Mandaokar vs M/S RELIABLE CONSTRUCTION | pending / no order on file |
| CC12602033 | 06/04/2026 | AMOL PRAKASH MORE vs M/S RELIABLE CONSTRUCTION | order passed |
| CC12602067 | 08/04/2026 | ABHAY ASHOK TAMBE vs M/S RELIABLE CONSTRUCTION | pending / no order on file |
| CC12602080 | 09/04/2026 | RAMESH PADALA vs M/S RELIABLE CONSTRUCTION | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 5 times. 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 Sep 2024 | 30 Sep 2024 | DUE TO COVID 19 NOT ABLE TO COMPELTION PROJECT PLEASE GRANT US EXTENSION TILL 30/09/2024 |
| 30 Sep 2024 | 30 Jun 2022 | DUE TO VERY SLUGGISH REAL ESTATE MARKET AND VERY POOR SALE OF FLATS AND EXTREMELY POOR FUND FLOW OF PROJECT, WE WOULD NOT BE ABLE TO COMPLETE THE PROJECT IN TIME. THEREFORE WE WOU |
| 30 Sep 2024 | 31 Dec 2023 | DUE TO VERY SLUGGISH REAL ESTATE MARKET AND VERY POOR SALE OF FLATS AND EXTREMELY POOR FUND FLOW OF PROJECT, WE WOULD NOT BE ABLE TO COMPLETE THE PROJECT IN TIME. THEREFORE WE WOU |
| 30 Jun 2021 | 30 Sep 2025 | Due to shortage of material and labor we are not able to complete project please grant us extension till 30/09/2025 |
| 30 Jun 2021 | 30 Sep 2026 | Due to shortage of raw material and labour there was delay in project completion. The payments from allottees were irregular due to which the cash flow was affected which in turn r |
Located at MATUNGA, MATUNGA, Andheri, Mumbai Suburban, 400019. Per the filed land record, the plot is bounded to the north by CS NO 62 AND 72 GITANJALI BUILDING, to the south by 13 40 MTR DP ROAD, to the east by 13 40 MTR WIDE DP ROAD and to the west by 12 20 MTR WIDE DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 4 km |
| Lower Parel / Worli business district | 5 km |
| Chhatrapati Shivaji Int'l Airport | 6 km |
| Andheri MIDC / SEEPZ | 10 km |
| Powai / Hiranandani business park | 11 km |
| Nariman Point / Fort | 13 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.
🔒 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.
🔒 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.
Should you buy in GULRAJ PARADISE?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
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