MahaRERA Property Intelligence · Pune

MARUTI PALATIAL

P51900008828 · Parel · promoter Grs Shelters Private

Certificate SignedDue 29 Dec 2024

Delivery & Registration

MahaRERA registrationP51900008828
Registered on19 Aug 2017
Promoter-declared completion29 Dec 2024
Current statusCertificate Signed
Against todayabout 19 months past 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, Grs Shelters Private is the promoter of record on 151 projects, of which 13 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.

Sales & Inventory

Of 56 homes filed with MahaRERA, 54 are sold/booked and 2 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹71.02 Cr in agreement value so far. Of that, ₹64.73 Cr (~91%) is already collected, ₹6.29 Cr receivable — a read on how far along these sales really are. Note: the project registers 60 homes in total, but this sold/unsold inventory filing covers only 56 of them — the other 4 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 54 registered agreements, the effective carpet rate is ₹19,144/sqft (typical range ₹12,125–₹32,399) — 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 161603688 sqft (63.93 sqm)₹1.45 Cr
Floor 191903688 sqft (63.93 sqm)₹1.45 Cr

⚠ The inventory filing also declares: 4 reserved. 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+27 and 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+2748-
B WING REHAB1G+1912-
C WING1G+6--

Unit mix on the filing: 52 residential and 8 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000000048408/09/2017MCGM DELAY vs ESTATE DEPARTMENTorder passed

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court1602006Dismissal
Bombay Height Court25022009Withdrawn Suit
Bombay High Court11372010Rejected By Division Bench
Supreme Court20102010Dismissal By Suprem Cour
Bombay High Court6592011Settled

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. 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
30 Jun 202430 Jun 2024AS DUE TO MONSOON OUR OUTER PLASTER AND EXTERNAL PAINTING WORK GOT DELAYED.ALSO PASSENGER LIFT ORDERED ON NOVEMBER 2022 GOT DELIVERED ON AUG 2023 AND SIMILAR IS WITH CAR LIFT AS WE
30 Dec 202329 Dec 20241.Our passenger lift delivery from Kone Elevator got delayed by 2 months and further its installation got delayed due to low manforce and Audit issue of Kone Elevator hence current

Location, Land & Connectivity

Located at Parel, E. Borges Marg,, Borivali, Mumbai Suburban, 400012. Per the filed land record, the plot is bounded to the north by SERVICE ROAD, to the south by SHIRODKAR HIGH SCHOOL, to the east by 60 FEET ROAD and to the west by MAHAPURSH CHS LTD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~105 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park105 km
Baner–Balewadi belt110 km
Pune Junction / city centre121 km
Pune Int'l Airport (Lohegaon)123 km
Kharadi / EON IT Park126 km
Magarpatta / Hadapsar IT126 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 Parel

Valencia
possession by Jul 2026 · Heks Infrastructure & Developers
Inspire
possession by Sep 2026 · R K Constructions
K RAS Residency
possession by Sep 2026 · K RAS Group
Kinjal Pride
possession by Oct 2026 · Hi Rock Construction Pvt Ltd
Bhivawani Chawl
possession by Dec 2026 · MS Radhakrishna Developer
Bhoiwada Chandra Bhuvan CHS Ltd
possession by Dec 2026 · Avadhoot Techno Consultant And Engineers

Major developers building in Parel

Other RERA-registered projects in Mumbai City

Marwah Residency
possession by Dec 2027 · Prime Developers & Realtors
Matoshree Ankur
declared completion Sep 2018 · Matoshree Infrastructure Private Limited
Matoshree Nandadeep
declared completion Dec 2018 · Matoshree Infrastructure Private Limited
Matoshree Pride Building 1
declared completion Dec 2018 · Matoshree Properties
Matoshree Pride Building 2
declared completion Dec 2019 · Matoshree Properties
Matru Ashish
declared completion Dec 2019 · Devesh Narendra Jani

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