MahaRERA Property Intelligence · Palghar

KRISHNA INDUSTRIAL HUB

P99000078736 · WAKANPADA · promoter Shreeji Buildcon

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP99000078736
Registered on08 Jan 2025
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, Shreeji Buildcon is the promoter of record on 141 projects, of which 11 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 ~89.5% of the estimated project cost incurred as of the last certificate (₹10.74 Cr spent against a ₹12.00 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 36 homes filed with MahaRERA, 9 are sold/booked and 27 remain available (~25% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹4.46 Cr in agreement value so far. Of that, ₹4.09 Cr (~92%) is already collected, ₹37.40 Lakh receivable — a read on how far along these sales really are. Note: the project registers 67 homes in total, but this sold/unsold inventory filing covers only 36 of them — the other 31 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 9 registered agreements, the effective carpet rate is ₹4,255/sqft (typical range ₹3,812–₹6,353) — 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 1INDUSTRIAL 101784 sqft (72.82 sqm)₹33.35 Lakh
Floor 1INDUSTRIAL 102784 sqft (72.82 sqm)₹33.35 Lakh
Floor 1INDUSTRIAL 1031,050 sqft (97.51 sqm)₹44.66 Lakh
Floor 1INDUSTRIAL 115784 sqft (72.82 sqm)₹33.35 Lakh
Floor 1INDUSTRIAL 116593 sqft (55.05 sqm)₹25.21 Lakh
Floor 1INDUSTRIAL 117980 sqft (91.02 sqm)₹41.69 Lakh
Floor 2INDUSTRIAL 201784 sqft (72.82 sqm)₹33.35 Lakh
Floor 2INDUSTRIAL 202784 sqft (72.82 sqm)₹33.35 Lakh
Floor 2INDUSTRIAL 2031,050 sqft (97.51 sqm)₹44.66 Lakh
Floor 2INDUSTRIAL 2111,202 sqft (111.69 sqm)₹51.15 Lakh
Floor 2INDUSTRIAL 214784 sqft (72.82 sqm)₹33.35 Lakh
Floor 2INDUSTRIAL 215784 sqft (72.82 sqm)₹33.35 Lakh
Floor 2INDUSTRIAL 216593 sqft (55.05 sqm)₹25.21 Lakh
Floor 2INDUSTRIAL 217980 sqft (91.02 sqm)₹41.69 Lakh
Floor 3COMMERCIAL 302784 sqft (72.82 sqm)₹28.04 Lakh
Floor 3COMMERCIAL 3031,050 sqft (97.51 sqm)₹37.54 Lakh
Floor 3COMMERCIAL 313653 sqft (60.67 sqm)₹23.36 Lakh
Floor 3COMMERCIAL 314784 sqft (72.82 sqm)₹28.04 Lakh
Floor 3COMMERCIAL 315784 sqft (72.82 sqm)₹28.04 Lakh
Floor 3COMMERCIAL 317980 sqft (91.02 sqm)₹35.04 Lakh
Floor 4COMMERCIAL 401784 sqft (72.82 sqm)₹28.04 Lakh
Floor 4COMMERCIAL 402784 sqft (72.82 sqm)₹28.04 Lakh
Floor 4COMMERCIAL 4031,050 sqft (97.51 sqm)₹37.54 Lakh
Floor 4COMMERCIAL 414784 sqft (72.82 sqm)₹28.04 Lakh
Floor 4COMMERCIAL 415784 sqft (72.82 sqm)₹28.04 Lakh
Floor 4COMMERCIAL 416593 sqft (55.05 sqm)₹21.19 Lakh
Floor 4COMMERCIAL 417980 sqft (91.02 sqm)₹35.04 Lakh

⚠ The inventory filing also declares: 31 owner/investor-held. 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+3 and 67 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A-WING1G+367-

Unit mix on the filing: 67 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 WAKANPADA, NALLASOPARA PHATA ROAD, Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by 40 MTR WIDE PROPOSED DP ROAD, to the south by ADJ PLOT, to the east by EXISTING ROAD and to the west by EXISTING 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 ~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
Andheri MIDC / SEEPZ35 km
Powai / Hiranandani business park36 km
Chhatrapati Shivaji Int'l Airport39 km
Bandra Kurla Complex (BKC)42 km
Lower Parel / Worli business district50 km
Nariman Point / Fort58 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

Shreeji Buildcon is the promoter on 5 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Shreeji Buildcon

Shreeji Buildcon
Not filing quarterly progress reportsThane

Other RERA-registered projects in Vasai East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Krishna Nagri
declared completion Dec 2025 · Krishna Developers
Krishna Niwas
possession by Apr 2029 · Rajlaxmi Redevelopers
Krishna Residency
possession by Dec 2026 · Rander Corporation Limited
Kritika Residency
declared completion Dec 2025 · Kwality Builders & Developers
Krutartha
declared completion Jun 2025 · M/s Andrades And Company
KT Aspire Industrial HUB
declared completion Mar 2023 · KT 3D Scapes

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