Shree Mahalaxmi Traders
MahaRERA Property Intelligence · Palghar
P99000019805 · Vasai West · promoter Andrades And Company
| MahaRERA registration | P99000019805 |
| Registered on | 05 Mar 2019 |
| Promoter-declared completion | 30 Jun 2025 |
| Current status | Certificate Signed |
| Against today | about 13 months past 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.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹5.45 Cr spent against a ₹5.45 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 28 homes filed with MahaRERA, 14 are sold/booked and 14 remain available (~50% sold) — selling steadily. Buyers have committed ₹7.16 Cr in agreement value so far. Of that, ₹4.30 Cr (~60%) is already collected, ₹2.87 Cr 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.
What buyers actually paid: across 14 registered agreements, the effective carpet rate is ₹5,300/sqft (typical range ₹4,825–₹8,854) — 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 | 104 | 813 sqft (75.55 sqm) | ₹36.79 Lakh |
| Floor 2 | 201 | 663 sqft (61.61 sqm) | ₹30.00 Lakh |
| Floor 2 | 202 | 483 sqft (44.88 sqm) | ₹21.86 Lakh |
| Floor 3 | 301 | 663 sqft (61.61 sqm) | ₹30.00 Lakh |
| Floor 3 | 302 | 483 sqft (44.88 sqm) | ₹21.86 Lakh |
| Floor 3 | 303 | 810 sqft (75.27 sqm) | ₹36.66 Lakh |
| Floor 4 | 402 | 483 sqft (44.88 sqm) | ₹21.86 Lakh |
| Floor 5 | 503 | 398 sqft (36.98 sqm) | ₹18.01 Lakh |
| Floor 5 | 504 | 1,208 sqft (112.26 sqm) | ₹54.67 Lakh |
| Ground/Floor 0 | Shop no-1 | 303 sqft (28.15 sqm) | ₹17.14 Lakh |
| Ground/Floor 0 | Shop no-2 | 236 sqft (21.93 sqm) | ₹13.36 Lakh |
| Ground/Floor 0 | Shop no-3 | 217 sqft (20.16 sqm) | ₹12.28 Lakh |
| Ground/Floor 0 | Shop no-4 | 217 sqft (20.16 sqm) | ₹12.28 Lakh |
| Ground/Floor 0 | Shop no-5 | 344 sqft (31.97 sqm) | ₹19.47 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.
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+7 and 28 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Krutartha | 1 | G+7 | 28 | 30 Jun 2023 |
Unit mix on the filing: 23 residential and 5 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12502472 | 18/07/2025 | NIRANJAN VIJAY DESAI vs M/s Andrades and Company | order passed |
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 |
|---|---|---|
| 30 Jun 2024 | 30 Jun 2025 | Project is 95% completed . Will apply for OC within 30 days . |
Located at Vasai West, Bhaskarali, Vasai, Palghar, 401201. Per the filed land record, the plot is bounded to the north by Existing Road, to the south by Plot CTS no 1825, to the east by Plot CTS no 1820 and to the west by 12 meter DP road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~27 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 27 km |
| Powai / Hiranandani business park | 29 km |
| Chhatrapati Shivaji Int'l Airport | 31 km |
| Bandra Kurla Complex (BKC) | 34 km |
| Lower Parel / Worli business district | 41 km |
| Nariman Point / Fort | 49 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 Krutartha?
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
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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.
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Last checked against the RERA register: 27 Jul 2026