Mumbai/Project record

MahaRERA · the public record

MAHAVIR SAPPHIRE B

Boisar · Mahavir Estate and Properties

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

2units filed as unsoldInventory · 19 September 2026
31 Dec 2028declared completionMahaRERA registration · read 12 Jul 2026
25registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2028

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P99000050557

Delivery and registration

When is the project declared for completion?

MAHAVIR SAPPHIRE B is registered with MahaRERA as P99000050557 and the promoter has declared completion for 31 Dec 2028.

31 Dec 2028

declared completion

27months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP99000050557
Registered on21 Apr 2023
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today27 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for MAHAVIR SAPPHIRE B record 11 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 11 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Mahavir Estate is the promoter of record on 134 projects registered with MahaRERA, 10 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

134projects

registered with MahaRERA

10flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In MAHAVIR SAPPHIRE B, ₹14.49 Cr of a declared ₹15.92 Cr estimated project cost is reported as incurred, about 91.0%, as at the last certified filing with MahaRERA.

91.0%

₹14.49 Cr

of ₹15.92 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In MAHAVIR SAPPHIRE B, 22 of 24 homes filed with MahaRERA are recorded as sold or booked, about 92%, and 2 remain available.

92%sold

22 of 24 homes

₹19.11 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹16.38 Cr (about 86%) is recorded as collected and ₹2.73 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 22 registered agreements, the effective carpet rate is ₹5,333/sqft, with eight in ten falling between ₹5,280 and ₹6,297 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Ground/Floor 0231,985 sqft (184.43 sqm)₹71.21 Lakh
Ground/Floor 0281,985 sqft (184.43 sqm)₹71.21 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 19 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 22 homes carry one, and 2 of the 24 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
231,985 sqftRs 1.0500 cr to Rs 1.1843 cr2 filed on this stack, floor 205

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In MAHAVIR SAPPHIRE B, every one of the 2 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 1 home — ₹2,999 →

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 and 25 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MAHAVIR SAPPHIRE 81G+2331 Dec 2028
MAHAVIR SAPPHIRE 91G+2331 Dec 2028
MAHAVIR SAPPHIRE 101G+2331 Dec 2028
MAHAVIR SAPPHIRE 111G+2331 Dec 2028
MAHAVIR SAPPHIRE 121G+2331 Dec 2028
MAHAVIR SAPPHIRE 131G+2331 Dec 2028
MAHAVIR SAPPHIRE 141G+2331 Dec 2028
MAHAVIR SAPPHIRE 151G+2431 Dec 2028
MAHAVIR SAPPHIRE 161G+2-31 Dec 2028
MAHAVIR SAPPHIRE 171G+2-31 Dec 2028
MAHAVIR SAPPHIRE 181G+2-31 Dec 2028
MAHAVIR SAPPHIRE 191G+2-31 Dec 2028
MAHAVIR SAPPHIRE 201G+2-31 Dec 2028
MAHAVIR SAPPHIRE 211G+2-31 Dec 2028
MAHAVIR SAPPHIRE 221G+2-31 Dec 2028
MAHAVIR SAPPHIRE 291G+2-31 Dec 2028
MAHAVIR SAPPHIRE 301G+2-31 Dec 2028
MAHAVIR SAPPHIRE 311G+2-31 Dec 2028
MAHAVIR SAPPHIRE 321G+2-31 Dec 2028
MAHAVIR SAPPHIRE 231G+2-31 Dec 2028
MAHAVIR SAPPHIRE 241G+2-31 Dec 2028
MAHAVIR SAPPHIRE 251G+2-31 Dec 2028
MAHAVIR SAPPHIRE 261G+2-31 Dec 2028
MAHAVIR SAPPHIRE 271G+2-31 Dec 2028
MAHAVIR SAPPHIRE 281G+2-31 Dec 2028

Unit mix on the filing: 25 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

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 ADJ OPEN SPACE 5, to the south by LAYOUT 9 M ROAD, to the east by LAYOUT 12 M ROAD and to the west by BUILDING NO 33. These are the boundaries as recorded in the filed land record.

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)81 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.

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Builder track record

Mahavir Estate And Properties is the promoter on 2 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 Mahavir Estate And Properties

Mahavir Estate And Properties
FlaggedPalghar

Other RERA-registered projects in Boisar

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
Queens Villa - 2
possession by Sep 2026 · Super Realty
Marathe Complex
possession by Dec 2026 · Gprs Realty
Rajhans United Regency III
possession by Dec 2026 · Rajhans Homes

Other RERA-registered projects in Palghar

Mahavir Sapphire C
possession by Dec 2032 · Mahavir Estate AND Properties
Mahavir Shopping Centre-B
declared completion Mar 2025 · Mahavir Builders AND Developers
Mahavir Tirth
possession by Dec 2032 · Rajesh Construction
Mahavir Vihar Building NO 4 Type E
possession by Dec 2027 · Rajesh Construction
Mahim Garden
declared completion Dec 2022 · Shree Oshiyaji Builders & Developers
Mahindra Happinest Palghar-2 Phase 1
declared completion Dec 2024 · Mahindra Happinest Developers Limited(fo

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: 20 Sep 2026