MahaRERA Property Intelligence · Mumbai Suburban

Meridian Court 1

P51800007441 · NEW LINK ROAD · promoter Vijaykamal Properties Pvt

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51800007441
Registered on17 Aug 2017
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Vijaykamal Properties Pvt is the promoter of record on 3 projects, of which 2 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 ~28.2% of the estimated project cost incurred as of the last certificate (₹41.22 Cr spent against a ₹145.99 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 373 homes filed with MahaRERA, 221 are sold/booked and 152 remain available (~59% sold) — selling steadily. Buyers have committed ₹177.16 Cr in agreement value so far. Of that, ₹62.31 Cr (~35%) is already collected, ₹114.85 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 221 registered agreements, the effective carpet rate is ₹15,145/sqft (typical range ₹13,141–₹17,381) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+26 and 373 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Meridian Court1G+26373-

Unit mix on the filing: 351 residential and 22 non-residential (shops/offices).

Complaints & Orders

24 complaints are on the MahaRERA record for this project, with orders passed in 21. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000000042221/09/2017Mr. Satisha Buba Shetty & Mrs. Prema Satisha Shetty vs M/s Vijaykamal properties Pvt. Ltd.order passed
CC00600000000066516/09/2017Smita Chandrashekhar Mhatre vs VijayKamal Properties Pvt. Ltd.(Ravi Group of Companies)order passed
CC00600000000058617/09/2017Victor Lemos vs Vijaykamal Properties Pvt. Ltdorder passed
CC00600000000159306/11/2017SEEMA VISHAL SETH vs M/s. Vijaykamal Properties Pvt. Ltd.order passed
CC00600000005531409/07/2018Maya Srivastava vs Vijay Kamal Properties Pvt Ltdorder passed
CC00600000005518801/07/2018Ajay singh vs Vijay Kamal Properties Pvt. Ltd.order passed
CC00600000005620207/07/2019Navin Kumar vs Vijaykamal Properties Pvt Ltd, Mr. Jayesh T Shah (MD) & Mr. Ketan T Shah (Authorized Signatory)order passed
CC00600000005659116/10/2018Benson Rayappa vs Bhavya Shahorder passed
CC00600000005700722/11/2018RAJESH IYER vs vijaykamal properties pvt ltdorder passed
CC00600000005709202/12/2018Sunil Balakrishnan vs Vijaykamal Properties Pvt. Ltd.order passed
CC00600000005755118/01/2019Mrs. Rajarajeswari Rajeev Nair vs Vijaykamal Properties Pvt. Ltd.order passed
CC00600000005758108/01/2019Kinnery Shailesh Joshi vs VIJAYKAMAL PROPERTIES PRIVATE LIMITEDorder passed
CC00600000007894725/04/2019Ajay Singh vs Vijaykamal Propertiesorder passed
CC00600000010025914/08/2019Omkar Ravindra Tulaskar vs Sai Estate Consultants Pvt Ltdorder passed
CC00600000008972913/06/2019Benson Rayappa vs Vijaykamal Propertiesorder passed
CC00600000009009012/07/2019Harshal Gavandalkar vs Ketan Tokershi Shahorder passed
CC00600000019490719/11/2020Kapil Khanna vs Vijaykamal Properties Pvt Ltdorder passed
CC00600000019843904/10/2021Lenzon Mendes vs M/s Origin Corp Realtors LLPorder passed
CC00600000019856405/10/2021ANUPAM DWARIKA BANI vs Bhavya Shah - 9833575358order passed
CC1250183905/06/2025Kunal Thalia vs Vijaykamal Properties Pvt Ltdorder passed
CC1250271903/08/2025Eshaan Shekhar Chandan vs Vijaykamal Properties Pvt Ltdorder passed
CC1260080012/02/2026SATYENDAR JANGABAHADUR MAKAN vs Vijaykamal Properties Pvt Ltdpending / no order on file
CC1260136112/03/2026NAVEEN CHAND KABDWAL vs Vijaykamal Properties Pvt Ltdpending / no order on file
CC1260136012/03/2026NAVEEN CHAND KABDWAL vs Vijaykamal Properties Pvt Ltdpending / no order on file

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 Dec 202430 Dec 2025delay in approvals and construction
30 Dec 202431 Dec 2027Respected Sir/Madam, I. Grounds for Seeking Extension The Promoter respectfully submits that the delay in completion of the project has occurred due to circumstances beyond the re

Location, Land & Connectivity

Located at NEW LINK ROAD, EKTA NAGAR, Borivali, Mumbai Suburban, 400067. Per the filed land record, the plot is bounded to the north by 12 mt wide internal road, to the south by 471 a pt, to the east by nalla and to the west by 13 mt wide dp road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ9 km
Powai / Hiranandani business park12 km
Chhatrapati Shivaji Int'l Airport13 km
Bandra Kurla Complex (BKC)16 km
Lower Parel / Worli business district23 km
Nariman Point / Fort31 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

Vijaykamal Properties Pvt Ltd is the promoter on 3 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Vijaykamal Properties Pvt Ltd project & its RERA track record →

Other flagged projects by Vijaykamal Properties Pvt Ltd

Vijaykamal Properties Pvt Ltd
Developer in insolvency (NCLT)Mumbai Suburban
Vijaykamal Properties Pvt Ltd
FlaggedMumbai Suburban

Other RERA-registered projects in Kandivali West

Primrose
possession by Jul 2026 · Kaustubh Construction Private Limited
Harmony
possession by Aug 2026 · Shreenath Associates
Laxmi Heights
possession by Sep 2026 · M/S Laxmi Lifespaces
Mahavir Majesty
possession by Sep 2026 · Mahavir Builders
Neelam CHS LTD
possession by Sep 2026 · Sapriya Developers
Alok
possession by Sep 2026 · Shree Dhanesh Buildcon

Major developers building in Kandivali West

Other RERA-registered projects in Mumbai Suburban

Meridian Courts Tower 2
declared completion Dec 2024 · Vijaykamal Properties Pvt Ltd
Merushikhar
declared completion Mar 2026 · Savvy Infrastructure Private Limited
Mesacon Bliss
possession by May 2028 · Vikram Rashmikant Mehta
Mesacon Crown
possession by Jun 2027 · Mesacon Spaces LLP
Mesacon Greens
possession by Jun 2027 · Mesacon Spaces LLP
Mesacon Harmony
possession by Mar 2029 · Mesacon Projects

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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