Navkar Developers
MahaRERA Property Intelligence · Palghar
P99000054543 · NAIGAON EAST · promoter Navkar Developers
| MahaRERA registration | P99000054543 |
| Registered on | 31 Jan 2024 |
| Promoter-declared completion | 31 Dec 2028 |
| Current status | Certificate Signed |
| Against today | 29 months to 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, Navkar Developers is the promoter of record on 87 projects, of which 11 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 ~17.3% of the estimated project cost incurred as of the last certificate (₹16.96 Cr spent against a ₹98.00 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.
Of 362 homes filed with MahaRERA, 182 are sold/booked (157 with registered agreements + 25 booked) and 180 remain available (~50% sold) — selling steadily. Buyers have committed ₹77.39 Cr in agreement value so far. Of that, ₹39.14 Cr (~51%) is already collected, ₹38.25 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 182 registered agreements, the effective carpet rate is ₹13,178/sqft (typical range ₹8,996–₹13,964) — 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.
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+23 and 362 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| R1 | 1 | G+23 | 181 | - |
| R2 | 1 | G+23 | 181 | - |
Unit mix on the filing: 362 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| SM12600399 | 12/06/2026 | Bhakti Achrekar vs NAVKAR DEVELOPERS | pending / no order on file |
Located at NAIGAON EAST, DON BOSCO HIGH SCHOOL, Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by SURVEY NO 336 HISSA NO 1, to the south by BLDG NO R3, to the east by INTERNAL 6 MTR ROAD and to the west by SURVEY NO 311. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~26 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 |
|---|---|
| Andheri MIDC / SEEPZ | 26 km |
| Powai / Hiranandani business park | 27 km |
| Chhatrapati Shivaji Int'l Airport | 30 km |
| Bandra Kurla Complex (BKC) | 33 km |
| Lower Parel / Worli business district | 40 km |
| Nariman Point / Fort | 48 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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Navkar Developers is the promoter on 8 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
See every Navkar Developers project & its RERA track record →
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