MahaRERA Property Intelligence · Thane

NEELKANTH HEIGHTS CHS

P51700053059 · BADLAPUR · promoter Shree Neelkanth Developers

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700053059
Registered on12 Oct 2023
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Shree Neelkanth Developers is the promoter of record on 85 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 ~60.0% of the estimated project cost incurred as of the last certificate (₹5.14 Cr spent against a ₹8.57 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 60 homes filed with MahaRERA, 33 are sold/booked (5 with registered agreements + 28 booked) and 27 remain available (~55% sold) — selling steadily. Buyers have committed ₹3.33 Cr in agreement value so far. Of that, ₹2.39 Cr (~72%) is already collected, ₹94.40 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 22 registered agreements, the effective carpet rate is ₹1,255/sqft (typical range ₹172–₹5,862) — 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 1Flat No. 102473 sqft (43.97 sqm)₹18.91 Lakh
Floor 1Flat No. 103517 sqft (48.01 sqm)₹20.64 Lakh
Floor 1Flat No. 107520 sqft (48.29 sqm)₹20.76 Lakh
Floor 2Flat No. 202508 sqft (47.19 sqm)₹20.29 Lakh
Floor 2Flat No. 203504 sqft (46.8 sqm)₹20.12 Lakh
Floor 2Flat No. 206648 sqft (60.22 sqm)₹25.89 Lakh
Floor 2Flat No. 207512 sqft (47.61 sqm)₹20.47 Lakh
Floor 3Flat No. 302508 sqft (47.19 sqm)₹20.29 Lakh
Floor 3Flat No. 307512 sqft (47.61 sqm)₹20.47 Lakh
Floor 4Flat No. 404348 sqft (32.3 sqm)₹13.89 Lakh
Floor 4Flat No. 407512 sqft (47.61 sqm)₹20.47 Lakh
Floor 5Flat No. 502508 sqft (47.19 sqm)₹20.29 Lakh
Floor 5Flat No. 504348 sqft (32.3 sqm)₹13.89 Lakh
Floor 5Flat No. 507512 sqft (47.61 sqm)₹20.47 Lakh
Floor 6Flat No. 602446 sqft (41.43 sqm)₹17.81 Lakh
Floor 6Flat No. 603446 sqft (41.43 sqm)₹17.81 Lakh
Floor 6Flat No. 604300 sqft (27.83 sqm)₹11.97 Lakh
Floor 6Flat No. 606639 sqft (59.39 sqm)₹25.54 Lakh
Floor 6Flat No. 607496 sqft (46.1 sqm)₹19.82 Lakh
Floor 7Flat No. 702425 sqft (39.44 sqm)₹16.96 Lakh
Floor 7Flat No. 703425 sqft (39.44 sqm)₹16.96 Lakh
Floor 7Flat No. 705402 sqft (37.33 sqm)₹16.05 Lakh
Floor 7Flat No. 706458 sqft (42.55 sqm)₹18.30 Lakh
Floor 7Flat No. 707496 sqft (46.1 sqm)₹19.82 Lakh
Floor 7Flat No. 708404 sqft (37.55 sqm)₹16.15 Lakh
Ground/Floor 0Shop No. 3148 sqft (13.71 sqm)₹7.38 Lakh
Ground/Floor 0Shop No. 4147 sqft (13.68 sqm)₹7.36 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+7 and 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NEELKANTH HEIGHTS CHS1G+760-

Unit mix on the filing: 56 residential and 4 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 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 Mar 202631 Mar 2027due to extraordinary and unforeseen economic circumstances, the project has suffered financial stress. There has been a substantial and continuous increase in the cost of construct

Location, Land & Connectivity

Located at BADLAPUR, KULGAON BADLAPUR, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by Road to North, to the south by 9 mtr Road to the South, to the east by Building to East and to the west by Building to West. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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OM Shiv Darshan
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RAJ Silverstone Phase-2
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Sairaj Avenue Wing B
possession by Jul 2026 · Virendra Atmaram Salunkhe
Satyam Sheela Wing F
possession by Jul 2026 · Shreeji Developers
Shreeji Greens
possession by Jul 2026 · Deep Laxmi Associates

Major developers building in Badlapur

Other RERA-registered projects in Thane

Neelkanth Jyot
declared completion Jun 2019 · Prapti Enterprises
Neelkanth Palm Avenue
possession by Dec 2029 · Neelkanth Infratech
Neelkanth Palm President
possession by Dec 2029 · Neelkanth Infratech
Neelkanth Palms
possession by Dec 2028 · Neelkanth Developers
Neelkanth Paradise
declared completion Dec 2024 · Laxmi Narayan Enterprises
Neelkanth Residency
declared completion Dec 2023 · JAI Malhar Builders AND Developers

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