MahaRERA Property Intelligence · Thane
P51700053006 · Village Shirgaon, Taluka -Ambarnath, Badlapur · promoter Ruturaj Developers
| MahaRERA registration | P51700053006 |
| Registered on | 10 Oct 2023 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past the declared date |
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.
Across MahaRERA, Ruturaj Developers is the promoter of record on 10 projects, of which none currently 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.
MahaRERA's cost filing puts construction at ~71.2% of the estimated project cost incurred as of the last certificate (₹3.13 Cr spent against a ₹4.39 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. The declared completion date has already passed while the cost-incurred filing sits at ~71.2% — a wide gap between the promise and the money actually spent on site.
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.
Of 20 homes filed with MahaRERA, 6 are sold/booked and 14 remain available (~30% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.76 Cr in agreement value so far. Of that, ₹1.30 Cr (~74%) is already collected, ₹45.91 Lakh receivable — a read on how far along these sales really are. Note: the project registers 35 homes in total, but this sold/unsold inventory filing covers only 20 of them — the other 15 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 6 registered agreements, the effective carpet rate is ₹8,129/sqft (typical range ₹6,059–₹10,745) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 104 | 261 sqft (24.21 sqm) | ₹9.39 Lakh |
| Floor 1 | 105 | 347 sqft (32.2 sqm) | ₹12.49 Lakh |
| Floor 1 | 106 | 358 sqft (33.27 sqm) | ₹12.91 Lakh |
| Floor 1 | Office 101 | 237 sqft (22.05 sqm) | ₹9.97 Lakh |
| Floor 1 | Office 102 | 179 sqft (16.59 sqm) | ₹7.50 Lakh |
| Floor 1 | Office 103 | 231 sqft (21.44 sqm) | ₹9.69 Lakh |
| Floor 3 | 305 | 358 sqft (33.27 sqm) | ₹12.91 Lakh |
| Floor 5 | 504 | 358 sqft (33.27 sqm) | ₹12.91 Lakh |
| Floor 7 | 702 | 476 sqft (44.25 sqm) | ₹17.17 Lakh |
| Floor 7 | 703 | 451 sqft (41.86 sqm) | ₹16.24 Lakh |
| Floor 7 | 704 | 358 sqft (33.27 sqm) | ₹12.91 Lakh |
| Ground/Floor 0 | Shop 001 | 284 sqft (26.4 sqm) | ₹13.81 Lakh |
| Ground/Floor 0 | Shop 002 | 212 sqft (19.68 sqm) | ₹10.29 Lakh |
| Ground/Floor 0 | Shop 003 | 229 sqft (21.32 sqm) | ₹11.15 Lakh |
⚠ The inventory filing also declares: 15 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+7 and 35 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| NAV BALAJI CO-OP HSG SOC LTD | 1 | G+7 | 35 | - |
Unit mix on the filing: 29 residential and 6 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Dec 2025 | 30 Jun 2026 | . |
Located at Village Shirgaon, Taluka -Ambarnath, Badlapur, Survey No 29/A, Hissa No 3, Survey No 29/A, Hissa No 4, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by Plot No 53 and 54, to the south by Plot No 49 and 50, to the east by Kulgaon Badlapur Nagar Parishad Road and to the west by Naala. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~34 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 34 km |
| Andheri MIDC / SEEPZ | 38 km |
| Chhatrapati Shivaji Int'l Airport | 39 km |
| Bandra Kurla Complex (BKC) | 39 km |
| Lower Parel / Worli business district | 46 km |
| Nariman Point / Fort | 50 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.
🔒 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.
🔒 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.
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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