MahaRERA Property Intelligence · Palghar

MAHAVIR EMERALD WING C

P99000050416 · Boisar · promoter Rajesh Buildcon

Certificate SignedDue 31 Dec 2030

Delivery & Registration

MahaRERA registrationP99000050416
Registered on12 Apr 2023
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today53 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, Rajesh Buildcon is the promoter of record on 169 projects, of which 28 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 ~87.7% of the estimated project cost incurred as of the last certificate (₹4.03 Cr spent against a ₹4.60 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 28 homes filed with MahaRERA, 27 are sold/booked and 1 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹9.69 Cr in agreement value so far. Of that, ₹7.20 Cr (~74%) is already collected, ₹2.45 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 27 registered agreements, the effective carpet rate is ₹5,847/sqft (typical range ₹4,395–₹7,025) — 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 5503597 sqft (55.47 sqm)₹21.42 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+7 and 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Mahavir Emerald Wing C Type A21G+72831 Dec 2030

Unit mix on the filing: 28 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.

Location, Land & Connectivity

Located at Boisar, Boisar Chilhar Road, Palghar, Palghar, 401501. Per the filed land record, the plot is bounded to the north by BUNGALOW NO 1, to the south by GUT NO 142, to the east by TYPE A and to the west by LAYOUT BOUNDARY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~73 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 / SEEPZ73 km
Powai / Hiranandani business park75 km
Chhatrapati Shivaji Int'l Airport78 km
Bandra Kurla Complex (BKC)80 km
Lower Parel / Worli business district88 km
Nariman Point / Fort96 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

Rajesh Buildcon is the promoter on 3 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).

Other flagged projects by Rajesh Buildcon

Other RERA-registered projects in Boisar

Ostwal Dream Land Phase - II
possession by Jul 2026 · Shree Ostwal Builders LTD
Parvati Homes
possession by Jul 2026 · Iconic Developers
Queens Villa
possession by Jul 2026 · Shashi Kuldeep Ostwal
Classic Apartment
possession by Sep 2026 · I.k.group
Divyajal
possession by Sep 2026 · Divyaraj Properties LLP
Kinjal Complex II
possession by Sep 2026 · Kinjal Enterprises

Major developers building in Boisar

Other RERA-registered projects in Palghar

Mahavir Emerald Wing D, E & F
possession by Dec 2033 · Mahavir Estate And Properties
Mahavir Enclave C Wing
possession by Dec 2029 · Shree Mahavir Developers
Mahavir Garden
declared completion Dec 2022 · Mahavir Developers
Mahavir Heights
declared completion Jun 2025 · Mehta & Sons
Mahavir Kalp
declared completion Jun 2024 · Rajesh Builders
Mahavir Kalp B Building NO 1 Type A
possession by Dec 2030 · Rajesh Builders

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