MahaRERA Property Intelligence · Palghar

LOTUS APARTMENT

P99000051746 · VEVOOR · promoter Developers Buildcon Llp

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000051746
Registered on27 Jun 2023
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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.

Construction Progress

MahaRERA's cost filing puts construction at ~83.8% of the estimated project cost incurred as of the last certificate (₹3.06 Cr spent against a ₹3.65 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 44 homes filed with MahaRERA, 13 are sold/booked and 31 remain available (~30% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.11 Cr in agreement value so far. Of that, ₹1.59 Cr (~75%) is already collected, ₹52.01 Lakh 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 13 registered agreements, the effective carpet rate is ₹4,736/sqft (typical range ₹3,334–₹5,556) — 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 1103360 sqft (33.44 sqm)₹10.85 Lakh
Floor 1107360 sqft (33.44 sqm)₹10.85 Lakh
Floor 2201390 sqft (36.25 sqm)₹11.76 Lakh
Floor 2202359 sqft (33.35 sqm)₹10.82 Lakh
Floor 2203360 sqft (33.44 sqm)₹10.85 Lakh
Floor 2204360 sqft (33.44 sqm)₹10.85 Lakh
Floor 2205359 sqft (33.35 sqm)₹10.82 Lakh
Floor 2206359 sqft (33.35 sqm)₹10.82 Lakh
Floor 2207360 sqft (33.44 sqm)₹10.85 Lakh
Floor 2208360 sqft (33.44 sqm)₹10.85 Lakh
Floor 3301390 sqft (36.25 sqm)₹11.76 Lakh
Floor 3302359 sqft (33.35 sqm)₹10.82 Lakh
Floor 3303360 sqft (33.44 sqm)₹10.85 Lakh
Floor 3304360 sqft (33.44 sqm)₹10.85 Lakh
Floor 3305359 sqft (33.35 sqm)₹10.82 Lakh
Floor 4401390 sqft (36.25 sqm)₹11.76 Lakh
Floor 4404360 sqft (33.44 sqm)₹10.85 Lakh
Floor 4405359 sqft (33.35 sqm)₹10.82 Lakh
Floor 4406359 sqft (33.35 sqm)₹10.82 Lakh
Floor 4407360 sqft (33.44 sqm)₹10.85 Lakh
Floor 4408360 sqft (33.44 sqm)₹10.85 Lakh
Floor 5502359 sqft (33.35 sqm)₹10.82 Lakh
Floor 5503360 sqft (33.44 sqm)₹11.39 Lakh
Floor 5504360 sqft (33.44 sqm)₹11.39 Lakh
Floor 5505359 sqft (33.35 sqm)₹11.36 Lakh
Floor 5506359 sqft (33.35 sqm)₹11.36 Lakh
Floor 5507360 sqft (33.44 sqm)₹11.39 Lakh
Floor 5508360 sqft (33.44 sqm)₹11.39 Lakh
Ground/Floor 01134 sqft (12.42 sqm)₹5.30 Lakh
Ground/Floor 0292 sqft (8.59 sqm)₹3.67 Lakh
Ground/Floor 03116 sqft (10.8 sqm)₹4.61 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.

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+5 and 44 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
LOTUS APARTMENT1G+544-

Unit mix on the filing: 40 residential and 4 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.

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
31 Dec 202531 Dec 2026shortages of skilled labor and fluctuations in the cost of material and fund issue

Location, Land & Connectivity

Located at VEVOOR, VEVOOR ROAD, Thane, Thane, 401404. Per the filed land record, the plot is bounded to the north by 18 MTR ROAD, to the south by ADJ PLOT, to the east by 18 MTR ROAD and to the west by ADJ PLOT. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~64 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 / SEEPZ64 km
Powai / Hiranandani business park66 km
Chhatrapati Shivaji Int'l Airport68 km
Bandra Kurla Complex (BKC)71 km
Lower Parel / Worli business district78 km
Nariman Point / Fort86 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 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

Lotus Garden
possession by Dec 2029 · Omkar Infra
Lotus Harmony
possession by Mar 2031 · Shree Ekveera Construction
Lucky Residency
declared completion Jan 2024 · Ashtavinayak Developers
Luiza Homes
declared completion Dec 2021 · Luiza Homes
Luxury Empire Township Phase I
declared completion Dec 2020 · Veenaa Developers Private Limited
Luxury Empire Township Phase III
possession by Dec 2030 · Munir Abdullatif Gazi

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