Mumbai/Project record

MahaRERA · the public record

NEELKANTH PEACE

SECTOR 08 · VARNIRAJ GROUP

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4units filed as unsoldInventory · 19 September 2026
31 Dec 2024declared completionMahaRERA registration · read 12 Jul 2026
46registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2024

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52000046749

Delivery and registration

When is the project declared for completion?

NEELKANTH PEACE is registered with MahaRERA as P52000046749 and the promoter has declared completion for 31 Dec 2024.

31 Dec 2024

declared completion

21months past

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52000046749
Registered on05 Sep 2022
Promoter-declared completion31 Dec 2024
Current statusCertificate Signed
Against todayabout 21 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for NEELKANTH PEACE record 10 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 10 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Varniraj Group is the promoter of record on 6 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

6projects

registered with MahaRERA

0flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In NEELKANTH PEACE, ₹6.14 Cr of a declared ₹6.14 Cr estimated project cost is reported as incurred, about 100.0%, as at the last certified filing with MahaRERA.

100.0%

₹6.14 Cr

of ₹6.14 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In NEELKANTH PEACE, 28 of 32 homes filed with MahaRERA are recorded as sold or booked, about 88%, and 4 remain available.

88%sold

28 of 32 homes

₹9.72 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹8.18 Cr (about 84%) is recorded as collected and ₹1.54 Cr as receivable. The project registers 46 homes in total, while this sold/unsold inventory filing covers 32 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 28 registered agreements, the effective carpet rate is ₹11,714/sqft, with eight in ten falling between ₹10,456 and ₹12,791 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 3301314 sqft (29.215 sqm)₹31.80 Lakh
Floor 4402316 sqft (29.321 sqm)₹31.79 Lakh
Floor 5502316 sqft (29.321 sqm)₹33.75 Lakh
Floor 6602316 sqft (29.321 sqm)₹33.75 Lakh

The inventory filing also declares: 14 not for sale.

What the filings record, home by home

Read from MahaRERA on 19 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 28 homes carry one, and 4 of the 46 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
301314 sqftRs 33.00 lakh to Rs 34.00 lakh2 filed on this stack, floors 4–5

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In NEELKANTH PEACE, 1 of the 4 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 3 homes — ₹2,999 →

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+6 and 46 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NEELKANTH PEACE1G+64631 Dec 2024

Unit mix on the filing: 41 residential and 5 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at SECTOR 08, PLOT NO 07, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by Plot No 8, to the south by Plot No 6, to the east by 24 Mtr Wide Road and to the west by Plot No 3. These are the boundaries as recorded in the filed land record.

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Builder track record

Varniraj Group is the promoter on 5 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).

Other flagged projects by Varniraj Group

Other RERA-registered projects in Panvel

Arihant Clan Aalishan Phase I
possession by Sep 2026 · Arihant Vatika Realty Private Limited
Balaji Heritage
possession by Sep 2026 · Buildfox Realty LLP
Delta Hills
possession by Sep 2026 · Shree Ganesh Enterprises
Delta Riviera
possession by Sep 2026 · Shreenathji Organisers Pvt. Ltd.
GAJ Oasis
possession by Sep 2026 · Shiv Builders AND Developers
Green View
possession by Sep 2026 · Siddhivinayak Developers

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Neelkanth Residency
declared completion Dec 2024 · Deepjyoti Infra Developers
Neelkanth Residency
declared completion Jan 2019 · Neelkanth Enterprises
Neelkanth Rudra
possession by Dec 2028 · Khushboo Enterprises
Neelkanth Sanskruti
declared completion Dec 2019 · Neelkanth Constructions
Neelkanth Shiv
possession by Dec 2030 · Neelkanth Developers
Neelkanth Solitaire
possession by Dec 2030 · Sankalp Realtors

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: 20 Sep 2026