Mahalaxmi Heights Phase 2

Delivery & Registration

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Sales & Inventory

Of 96 homes filed with MahaRERA, 57 are sold/booked and 39 remain available (~59% sold) — selling steadily. Buyers have committed ₹20.96 Cr in agreement value so far. Of that, ₹19.44 Cr (~93%) is already collected, ₹1.56 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 57 registered agreements, the effective carpet rate is ₹6,979/sqft (typical range ₹5,795–₹9,800) — 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:

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+13 and 96 homes are registered across the project.

Unit mix on the filing: 96 residential.

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 3 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

Location, Land & Connectivity

Located at Near Swami Samarth Math, Nandivli Road, Kalyan, Thane, 421201. Per the filed land record, the plot is bounded to the north by Shree Swami Samarth Building, to the south by Shantaram Posha Mhatres Property, to the east by Jayant Villa and to the west by Vijay Govind Mhatres Property. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~34 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Builder track record

Mahalaxmi Builders & Developers is the promoter on 5 MahaRERA-registered projects, of which 2 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:

• Laxmi Vaibahv — Past its declared completion date
• Ajwa Estate Phase II — Past its declared completion date

Other flagged projects by Mahalaxmi Builders & Developers

Other RERA-registered projects in Dombivli East

Major developers building in Dombivli East

Other RERA-registered projects in Thane

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.