MahaRERA Property Intelligence · Palghar
P99000011854 · vasai · promoter Navkar Estate And
| MahaRERA registration | P99000011854 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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 Estate And 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 ~79.1% of the estimated project cost incurred as of the last certificate (₹7.02 Cr spent against a ₹8.88 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 62 homes filed with MahaRERA, 61 are sold/booked and 1 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹8.55 Cr in agreement value so far. Of that, ₹8.23 Cr (~96%) is already collected, ₹31.72 Lakh 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 61 registered agreements, the effective carpet rate is ₹2,707/sqft (typical range ₹2,202–₹8,043) — 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 |
|---|---|---|---|
| Ground/Floor 0 | shop | 207 sqft (19.23 sqm) | ₹11.54 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.
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 62 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building No-02-Type-B | 1 | G+8 | 62 | - |
Unit mix on the filing: 56 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 3 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 Dec 2023 | 30 Dec 2022 | The partly construction work is delayed due to non-availability of labour & material due to COVID-19 Lockdown from April 2020, As well as due to COVID-19 Lockdown, booking mem |
| 31 Dec 2023 | 31 Dec 2023 | PENDING FOR OCCUPANCY CERTIFICATE |
| 30 Dec 2021 | 31 Dec 2026 | To, The Maharashtra Real Estate Regulatory Authority (MahaRERA), Subject: Request for Extension of Project Completion Date for Project Navkar City - Phase-III-Part-2 (Registrati |
Located at vasai, naigoan, Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by 40 Meter Wide Road, to the south by Survey No-225, to the east by 40 meter wide road and survey no-108 and to the west by Bldg A Type. 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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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