MahaRERA Property Intelligence · Palghar

MARUTI PRAKKRUTI

P99000006293 · promoter Bhavana Vinod Patel

Certificate SignedDue 30 Mar 2023

Delivery & Registration

MahaRERA registrationP99000006293
Registered on14 Aug 2017
Promoter-declared completion30 Mar 2023
Current statusCertificate Signed
Against todayabout 40 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, Bhavana Vinod Patel is the promoter of record on 2 projects, of which 1 carries 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 18 homes filed with MahaRERA, 9 are sold/booked (8 with registered agreements + 1 booked) and 9 remain available (~50% sold) — selling steadily. Buyers have committed ₹2.56 Cr in agreement value so far. Of that, ₹2.31 Cr (~90%) is already collected, ₹24.87 Lakh receivable — a read on how far along these sales really are. Note: the project registers 32 homes in total, but this sold/unsold inventory filing covers only 18 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 ₹3,849/sqft (typical range ₹3,422–₹5,262) — 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
Ground/Floor 021,060 sqft (98.5 sqm)₹51.22 Lakh
Ground/Floor 020723 sqft (67.17 sqm)₹34.93 Lakh
Ground/Floor 025611 sqft (56.77 sqm)₹29.52 Lakh
Ground/Floor 026611 sqft (56.77 sqm)₹29.52 Lakh
Ground/Floor 027611 sqft (56.77 sqm)₹29.52 Lakh
Ground/Floor 0321,204 sqft (111.81 sqm)₹58.14 Lakh
Ground/Floor 05723 sqft (67.17 sqm)₹34.93 Lakh
Ground/Floor 07723 sqft (67.17 sqm)₹34.93 Lakh
Ground/Floor 08639 sqft (59.4 sqm)₹30.89 Lakh

⚠ The inventory filing also declares: 13 owner/investor-held and 1 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+2 and 32 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
UNIT - 11G+21-
UNIT 21G+21-
UNIT 31G+21-
UNIT 41G+21-
UNIT 51G+21-
UNIT 61G+21-
UNIT 71G+21-
UNIT 81G+21-
UNIT 91G+21-
UNIT 101G+21-
UNIT 111G+21-
UNIT 121G+21-
UNIT 131G+21-
UNIT 141G+21-
UNIT 151G+21-
UNIT 161G+21-
UNIT 171G+21-
UNIT 181G+21-
UNIT 191G+21-
UNIT 201G+21-
UNIT 211G+21-
UNIT 221G+21-
UNIT 231G+21-
UNIT 241G+21-
UNIT 251G+21-
UNIT 261G+21-
UNIT 271G+21-
UNIT 281G+21-
UNIT 291G+21-
UNIT 301G+21-
UNIT 311G+11-
UNIT 321G+11-

Unit mix on the filing: 30 residential and 2 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.

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 Mar 202330 Sep 2021Due to unsold bungalows followed by shortage of funds, our working capital has affected largely and as a result, it is not possible to complete the said project within the aforesai
30 Mar 202330 Mar 2023As said project was proposed to be completed by 30th of March 2022. However, due to unsold bungalows followed by shortage of funds, our working capital has affected largely and as

Location, Land & Connectivity

Located at vajreshwari road, Thane, Thane, 401202. Per the filed land record, the plot is bounded to the north by 33 PT, to the south by 60 M W D P ROAD, to the east by VILLAGE BOUNDRY SHIVASAHI and to the west by S NO 42. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~27 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 / SEEPZ27 km
Powai / Hiranandani business park30 km
Chhatrapati Shivaji Int'l Airport32 km
Bandra Kurla Complex (BKC)34 km
Lower Parel / Worli business district42 km
Nariman Point / Fort50 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 Vasai West

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Dunlin
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Happy Home Jasmine C D
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Dream Aura
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Classic Heights
possession by Dec 2026 · Sethi Construction CO.
Vijaya Complex
Not filing quarterly progress reports · possession by Dec 2026 · Padmavati Enterprises

Other RERA-registered projects in Palghar

Marvel Heights
declared completion Jun 2025 · Shantee Realty AND Life Space
Maryland Bliss
possession by Mar 2028 · Maryland Builders & Developers
Maryland Greens
declared completion Dec 2024 · Maryland Greens
Mathura Kunj
declared completion Dec 2024 · Ankush Harsuparsad Dubey
Mathura Kunj
declared completion Jul 2025 · Sanjay Shivnath Shukla
Mathuradham
possession by Dec 2027 · Riddhi Siddhi Realty

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