MahaRERA Property Intelligence · Palghar

MATOSHRI HEIGHTS

P99000003089 · NAIGAON EAST · promoter Nagesh Hemant Patil

Certificate SignedDue 31 Oct 2026

Delivery & Registration

MahaRERA registrationP99000003089
Registered on04 Aug 2017
Promoter-declared completion31 Oct 2026
Current statusCertificate Signed
Against today3 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, Nagesh Hemant Patil is the promoter of record on 22 projects, of which 3 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 ~84.3% of the estimated project cost incurred as of the last certificate (₹7.08 Cr spent against a ₹8.40 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 73 homes filed with MahaRERA, 48 are sold/booked (38 with registered agreements + 10 booked) and 25 remain available (~66% sold) — selling steadily. Buyers have committed ₹11.86 Cr in agreement value so far. Of that, ₹8.50 Cr (~72%) is already collected, ₹3.36 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 48 registered agreements, the effective carpet rate is ₹8,447/sqft (typical range ₹7,351–₹10,986) — 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 1102294 sqft (27.34 sqm)₹14.11 Lakh
Floor 1103295 sqft (27.37 sqm)₹14.12 Lakh
Floor 1107294 sqft (27.34 sqm)₹14.11 Lakh
Floor 1108293 sqft (27.22 sqm)₹14.05 Lakh
Floor 2201293 sqft (27.22 sqm)₹14.05 Lakh
Floor 2202295 sqft (27.4 sqm)₹14.14 Lakh
Floor 2207295 sqft (27.4 sqm)₹14.14 Lakh
Floor 2208293 sqft (27.22 sqm)₹14.05 Lakh
Floor 3301293 sqft (27.22 sqm)₹14.05 Lakh
Floor 5501293 sqft (27.22 sqm)₹14.05 Lakh
Floor 5507294 sqft (27.34 sqm)₹14.11 Lakh
Floor 5508293 sqft (27.22 sqm)₹14.05 Lakh
Floor 6601293 sqft (27.22 sqm)₹14.05 Lakh
Floor 6603291 sqft (27.06 sqm)₹13.96 Lakh
Floor 6606291 sqft (27.07 sqm)₹13.97 Lakh
Floor 6607294 sqft (27.34 sqm)₹14.11 Lakh
Floor 7701293 sqft (27.22 sqm)₹14.05 Lakh
Floor 7703291 sqft (27.06 sqm)₹13.96 Lakh
Floor 7708293 sqft (27.22 sqm)₹14.05 Lakh
Floor 8802294 sqft (27.34 sqm)₹14.11 Lakh
Floor 8807294 sqft (27.34 sqm)₹14.11 Lakh
Ground/Floor 0001282 sqft (26.17 sqm)₹13.50 Lakh
Ground/Floor 0SHOP NO 6122 sqft (11.35 sqm)₹9.63 Lakh
Ground/Floor 0SHOP NO 7156 sqft (14.52 sqm)₹12.32 Lakh
Ground/Floor 0SHOP NO 8331 sqft (30.78 sqm)₹26.11 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+8 and 73 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MATOSHRI HEIGHTS1G+87331 Dec 2020

Unit mix on the filing: 65 residential and 8 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
31 Mar 202531 Mar 2025THE PROJECT LAND WAS AFFECTED BY WETLAND AS PER NATIONAL WETLAND ATLAS. KINDLY GRANT US THE PROJECT EXTENSION
30 Dec 202131 Oct 2026EARLIER, THE PROJECT LAND WAS AFFECTED BY WETLAND AS PER NATIONAL WETLAND ATLAS. HOWEVER, WE WERE AFFECTED DUE TO DEATH OF PROMOTER AND HAD TO APPLY FOR CHANGE OF PROMOTER U/S 15.

Location, Land & Connectivity

Located at NAIGAON EAST, JUCHANDRA, Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by 30MT W DP ROAD S NO 61, to the south by S NO 362 359 361, to the east by S NO 362 30 MTR DP ROAD and to the west by S NO 358 362. 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 park28 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 East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Matru Chhaya
declared completion Mar 2025 · R K Enterprises
Matru Darshan
declared completion Dec 2024 · Vikram Palabhai Chhuchhar
Matru Deep
declared completion Mar 2026 · Kuver Jagmal Khodbhaya
Matru Krupa
declared completion Mar 2023 · Vikram Palabhai Chhuchhar
Matru Mandir
possession by Dec 2027 · Vinayak Realty
Matru Sagar CO OP Housing Society Limited
possession by Dec 2027 · Royal IB Infrastructure Private Limited

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