MahaRERA Property Intelligence · Palghar

NIDHI HOTEL

P99000029176 · SATIVALI · promoter Lalit Nagindas Doshi

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000029176
Registered on03 May 2021
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Lalit Nagindas Doshi is the promoter of record on 3 projects, of which 1 carries 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.

Sales & Inventory

Of 9 homes filed with MahaRERA, 8 are sold/booked and 1 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹5.61 Cr in agreement value so far. Of that, ₹5.61 Cr (~100%) is already collected, ₹0 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 8 registered agreements, the effective carpet rate is ₹4,246/sqft (typical range ₹4,148–₹4,276) — 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
Ground/Floor 091,567 sqft (145.58 sqm)₹73.23 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+4 and 9 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NIDHI REALTY PHASE II1G+4931 Dec 2026

Unit mix on the filing: 9 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.

Location, Land & Connectivity

Located at SATIVALI, SATIVALI, Borivali, Mumbai Suburban, 401208. Per the filed land record, the plot is bounded to the north by NH 8, to the south by S NO 39, to the east by S NO 38 H NO 4 PT and to the west by S NO 8 AND S NO 9. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~73 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park73 km
Andheri MIDC / SEEPZ77 km
Chhatrapati Shivaji Int'l Airport78 km
Bandra Kurla Complex (BKC)78 km
Lower Parel / Worli business district84 km
Nariman Point / Fort88 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.

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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Builder track record

Lalit Nagindas Doshi is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Lalit Nagindas Doshi

Lalit Nagindas Doshi
FlaggedPalghar

Other RERA-registered projects in Vasai East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Nidhi Palace
declared completion Apr 2018 · Bhagawati Construction
Nidhi Realty Phase I
declared completion Dec 2024 · Lalit Nagindas Doshi
Nidhi Shelter
declared completion Aug 2020 · BMH Properties PVT LTD
Nikhil Tower Building No 2
declared completion Nov 2021 · M/s. Samarth Builders & Land Develop
Nikunj Apartments
declared completion Mar 2019 · Urmi Enterprises
Nilam
declared completion Dec 2022 · Nilam Ramakant Sankhe

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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