MahaRERA Property Intelligence · Thane

L&T Realty Vayam Tower 4

PM1330002600564 · Wagle Estate · promoter Elan

Certificate SignedDue 31 Mar 2033

Delivery & Registration

MahaRERA registrationPM1330002600564
Registered on29 May 2026
Promoter-declared completion31 Mar 2033
Current statusCertificate Signed
Against today80 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, Elan is the promoter of record on 7 projects, of which none currently 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 ~1.8% of the estimated project cost incurred as of the last certificate (₹8.06 Cr spent against a ₹439.58 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 402 homes filed with MahaRERA, 92 are sold/booked and 310 remain available (~23% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹142.96 Cr in agreement value so far. Of that, ₹1.91 Cr (~1%) is already collected, ₹141.06 Cr receivable — a read on how far along these sales really are. Note: the project registers 428 homes in total, but this sold/unsold inventory filing covers only 402 of them — the other 26 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 92 registered agreements, the effective carpet rate is ₹19,915/sqft (typical range ₹19,086–₹21,124) — 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: 26 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+69 and 428 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
L&T Realty Vayam Tower 41G+69428-

Unit mix on the filing: 402 residential and 26 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 Wagle Estate, Plot No. F1 & C - 29, ROAD NO. 22, MIDC Wagle Estate, Kurla, Mumbai Suburban, 400602. Per the filed land record, the plot is bounded to the north by Road No. 5, to the south by Thane Municipal Corporation Plot (TMC Plot), to the east by Indian Rubber Materials Research Institute (IRMRI) and to the west by Road No. 21. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park10 km
Andheri MIDC / SEEPZ11 km
Chhatrapati Shivaji Int'l Airport15 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district26 km
Nariman Point / Fort33 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

Elante Properties Private Limited, J S K Estates Private Limited 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).

See every Elante Properties Private Limited, J S K Esta project & its RERA track record →

Other flagged projects by Elante Properties Private Limited, J S K Esta

Elante Properties Private Limited, J S K Estates Private Limited
FlaggedThane

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Shree Krupa CO OP Housing Society
possession by Sep 2026 · Sharda Vastu Nirmitee Pvt. Ltd.
Ashirwad Co-Operative Housing Society Ltd
possession by Oct 2026 · Padmanabh Developers
Platinum Square
possession by Oct 2026 · Ratnamani Buildcon
Om Yashodhan Chsl
possession by Nov 2026 · Silver Stone Realty

Major developers building in Naupada

Other RERA-registered projects in Thane

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declared completion Dec 2024 · LA Arihant Estate
LA Arihant Heritage
possession by Dec 2028 · LA Arihant Builders AND Developers
LA Centrum
possession by Dec 2031 · Bhumi Homes
LA Grandeure Tower 1
possession by May 2027 · LA Homes
LA Homes
declared completion Dec 2022 · Harah Rawat
LA Luxuria
possession by Mar 2027 · RJ Enterprises

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: 11 Jun 2026