MahaRERA Property Intelligence · Palghar

LANDMARK 2

P99000003878 · promoter Ipsit Enterprise

Certificate SignedDue 30 Dec 2024

Delivery & Registration

MahaRERA registrationP99000003878
Registered on06 Aug 2017
Promoter-declared completion30 Dec 2024
Current statusCertificate Signed
Against todayabout 19 months past 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, Ipsit Enterprise is the promoter of record on 10 projects, of which 5 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.

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+2.

BuildingWingsFloorsDeclared completion
BUNGALOW A1 - A1G+231 Dec 2018
BUNGALOW NO 21G+131 Dec 2018
BUNGALOW NO 31G+131 Dec 2018
BUNGALOW NO 41G+1-
BUNGALOW NO 51G+1-
BUNGALOW NO 61G+1-
BUNGALOW NO 71G+1-
BUNGALOW NO 81G+1-
BUNGALOW NO 91G+1-

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

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 Dec 202431 Dec 2023DUE TO SHORTAGE OF MATERIAL AND BANK CRISES THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD REQUEST YOU TO KINDLY GRANT US EXTENSION FURTHER TLL 31-12-2023. REQUEST YOU

Location, Land & Connectivity

Located at Borivali, Mumbai Suburban, 401404. Per the filed land record, the plot is bounded to the north by INTERNAL LAYOUT ROAD, to the south by G NO 993 PT, to the east by G NO 993 PT and to the west by INTERNAL LAYOUT 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 ~63 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 / SEEPZ63 km
Powai / Hiranandani business park66 km
Chhatrapati Shivaji Int'l Airport68 km
Bandra Kurla Complex (BKC)70 km
Lower Parel / Worli business district77 km
Nariman Point / Fort85 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

Ipsit Enterprise is the promoter on 8 MahaRERA-registered projects, of which 4 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:

See every Ipsit Enterprise project & its RERA track record →

Other flagged projects by Ipsit Enterprise

Ipsit Enterprise
Not filing quarterly progress reportsPalghar
Ipsit Enterprise
Past its declared completion datePalghar
Ipsit Enterprise
Past its declared completion datePalghar

Other RERA-registered projects in Palghar

Shree SAI Apartment
possession by Jul 2026 · Shree SAI Jivdani Developers
Madhav Vatika - VI
possession by Jul 2026 · R M N H Developers LLP
Prithvi Anand Kuber Complex
possession by Jul 2026 · Prithvi Anand Housing And Land Developer
Vardhaman Divine
possession by Jul 2026 · Vardhaman AND Shah Associates
Symphony Heights
possession by Aug 2026 · Kreate Space LLP
Shree Puram - 2, Building No. 1
possession by Aug 2026 · Vastu Realities

Major developers building in Palghar

Other RERA-registered projects in Palghar

Landmark Plaza
possession by Dec 2026 · Imran Haji Yusuf Jummani
Landmark Tower
declared completion Jun 2018 · Land Mark Developers
Lavanya Apartment
declared completion Jan 2024 · Royal Infra
Laxmi APT
declared completion Dec 2023 · Rameshchandra Ramnidh Pandey
Laxmi Complex
declared completion Sep 2018 · Shubhlaxmi Realtors
Laxmi Darshan
declared completion Dec 2024 · M/S Ganesh Developers

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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