MahaRERA Property Intelligence · Thane

LOTUS RESIDENCY

P51700056229 · VILLEGE BALYANI · promoter Kulvinder Infrastructure Private

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700056229
Registered on22 May 2024
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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 ~25.3% of the estimated project cost incurred as of the last certificate (₹2.88 Cr spent against a ₹11.40 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. With only ~8 months to the declared date and ~25.3% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 31 homes filed with MahaRERA, 9 are sold/booked (6 with registered agreements + 3 booked) and 22 remain available (~29% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.71 Cr in agreement value so far. Of that, ₹57.41 Lakh (~34%) is already collected, ₹1.13 Cr receivable — a read on how far along these sales really are. Note: the project registers 45 homes in total, but this sold/unsold inventory filing covers only 31 of them — the other 14 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 ₹5,088/sqft (typical range ₹4,069–₹6,503) — 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 1101460 sqft (42.74 sqm)₹18.72 Lakh
Floor 1101450 sqft (41.81 sqm)₹18.31 Lakh
Floor 1102421 sqft (39.11 sqm)₹17.13 Lakh
Floor 3301450 sqft (41.81 sqm)₹18.31 Lakh
Floor 3302401 sqft (37.25 sqm)₹16.32 Lakh
Floor 3303440 sqft (40.88 sqm)₹17.91 Lakh
Floor 3304391 sqft (36.33 sqm)₹15.91 Lakh
Floor 5501460 sqft (42.74 sqm)₹18.72 Lakh
Floor 5502401 sqft (37.25 sqm)₹16.32 Lakh
Floor 5503440 sqft (40.88 sqm)₹17.91 Lakh
Floor 5504391 sqft (36.33 sqm)₹15.91 Lakh
Floor 6601460 sqft (42.74 sqm)₹18.72 Lakh
Floor 6601450 sqft (41.81 sqm)₹18.31 Lakh
Floor 6602401 sqft (37.25 sqm)₹16.32 Lakh
Floor 6602421 sqft (39.11 sqm)₹17.13 Lakh
Floor 6603440 sqft (40.88 sqm)₹17.91 Lakh
Floor 6604391 sqft (36.33 sqm)₹15.91 Lakh
Floor 7701460 sqft (42.74 sqm)₹18.72 Lakh
Floor 7702401 sqft (37.25 sqm)₹16.32 Lakh
Floor 7702421 sqft (39.11 sqm)₹17.13 Lakh
Floor 7703440 sqft (40.88 sqm)₹17.91 Lakh
Floor 7704391 sqft (36.33 sqm)₹15.91 Lakh

⚠ The inventory filing also declares: 14 not for sale. 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+7 and 45 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BLDG 11G+745-

Unit mix on the filing: 42 residential and 3 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 VILLEGE BALYANI, TITWALA ROAD, Kalyan, Thane, 421102. Per the filed land record, the plot is bounded to the north by CHAWL, to the south by 18 MTR DP ROAD, to the east by CHAWL and to the west by CHAWL OF DIVISION SECTOR 6. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Lumos Crest
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LVR Palava -Ready Villas On Land
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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