MahaRERA Property Intelligence · Palghar

HARI RESIDENCY PHASE I

P99000015966 · KOPARI, CHANDANSAR · promoter Lotus Lakshminarayan Homes

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP99000015966
Registered on10 Apr 2018
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Lotus Lakshminarayan Homes is the promoter of record on 2 projects, of which 1 carries 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 ~77.5% of the estimated project cost incurred as of the last certificate (₹18.59 Cr spent against a ₹23.99 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 345 homes filed with MahaRERA, 185 are sold/booked and 160 remain available (~54% sold) — selling steadily. Buyers have committed ₹39.75 Cr in agreement value so far. Of that, ₹36.57 Cr (~92%) is already collected, ₹3.18 Cr receivable — a read on how far along these sales really are. Note: the project registers 361 homes in total, but this sold/unsold inventory filing covers only 345 of them — the other 16 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 185 registered agreements, the effective carpet rate is ₹6,492/sqft (typical range ₹5,110–₹7,532) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 16 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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 361 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
HARI RESIDENCY PHASE I BUILDING NO 1 WING A1G+1515030 Apr 2022
HARI RESIDENCY PHASE I BUILDING NO 1 WING B1G+1510230 Apr 2022
HARI RESIDENCY PHASE I BUILDING NO 1 WING C1G+76730 Apr 2022
HARI RESIDENCY PHASE 1 BUILDING NO 21G+64230 Apr 2020

Unit mix on the filing: 314 residential and 47 non-residential (shops/offices).

Complaints & Orders

6 complaints are on the MahaRERA record for this project, with orders passed in 6. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000059118419/07/2024Dr prashant Ramrao Pawar vs Mr Nimish Shah, Lotus Laxminarayan Homes & Partnersorder passed
CC00600000059121218/07/2024Kunal Vishnu Sawant vs Mr Nimish Shah, Lotus Laxminarayan homes & partnersorder passed
CC00600000059127322/07/2024Pramod Madhukar Bhoir vs Mr Nimish Shah, Lotus Laxminarayan Homes & Partnersorder passed
CC00600000059122419/07/2024Pramod hiraman patil vs Mr Nimish Shah, Lotus Laxminarayan Homes &Partnersorder passed
CC00600000059121421/07/2024MUKESHKUMAR AMARPAL MISHRA vs Mr. nimesh dilip shah & partenar m/s.lotus lakshmi narayan homesorder passed
CC00600000059121522/07/2024sakshi gautam mohite vs Mr Nimish Shah, Lotus Laxminarayan Homes & Partnersorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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 Apr 202329 Apr 2024Due to Covid – 19 Pandemic, unable to complete the construction work by us before deadline declared by us and certificate given by you to us. Hence, we are requesting you to extend
30 Apr 202331 Dec 2027DUE TO SOME UNAVOIDABLE REASONS THE PROJECT COULD NOT BE COMPLETED ON TIME

Location, Land & Connectivity

Located at KOPARI, CHANDANSAR , VEER SAVARKAR ROAD, Vasai, Palghar, 401305. Per the filed land record, the plot is bounded to the north by SURVEY NO 124 OLD SURVEY NO 19, to the south by SURVEY NO 122 OLD SURVEY NO 17, to the east by SURVEY NO 110-1 OLD SURVEY 347-1 and to the west by ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~39 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 / SEEPZ39 km
Powai / Hiranandani business park41 km
Chhatrapati Shivaji Int'l Airport44 km
Bandra Kurla Complex (BKC)46 km
Lower Parel / Worli business district53 km
Nariman Point / Fort62 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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Other RERA-registered projects in Virar East

Gajanan Residency
possession by Aug 2026 · Pranita Pankaj Thakur
Viva Haritara Building-3/wing-B
Deregistered by MahaRERA · possession by Dec 2026 · Vivaholdings
Devi Krupa
possession by Dec 2026 · Vira Links LLP
Jivdani Mauli
Not filing quarterly progress reports · possession by Dec 2026 · Kiran Ramesh Patil
Mahavir Ashish CO-Operative Housing Society LTD
possession by Dec 2026 · Yashraj Developers
Raajlaxmi Avenue
possession by Dec 2026 · Magnus Infracon

Other RERA-registered projects in Palghar

Haridham
possession by Dec 2027 · V M Housing
Haridwar Heritage
declared completion Jun 2026 · Haridwar Syndicate
Haridwar Siddh
declared completion Dec 2025 · Haridwar Corp
Harmony
declared completion Dec 2025 · Blueprint Construction
Harmony Homes
possession by Jul 2028 · Gravity Infra
Harsh Apartment
declared completion Jun 2022 · SAI Sadguru Builders AND Developers

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