MahaRERA Property Intelligence · Palghar

NILKANT SADAN

P99000053003 · PAPDY, VASAI · promoter Divija Developers

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000053003
Registered on10 Oct 2023
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.

Construction Progress

MahaRERA's cost filing puts construction at ~44.9% of the estimated project cost incurred as of the last certificate (₹2.41 Cr spent against a ₹5.37 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. With only ~5 months to the declared date and ~44.9% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 28 homes filed with MahaRERA, 17 are sold/booked (12 with registered agreements + 5 booked) and 11 remain available (~61% sold) — selling steadily. Buyers have committed ₹4.36 Cr in agreement value so far. Of that, ₹1.86 Cr (~43%) is already collected, ₹2.44 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 17 registered agreements, the effective carpet rate is ₹4,649/sqft (typical range ₹4,201–₹6,270) — 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 1102592 sqft (55.04 sqm)₹26.64 Lakh
Floor 1103643 sqft (59.71 sqm)₹28.90 Lakh
Floor 1104581 sqft (53.95 sqm)₹26.11 Lakh
Floor 2201399 sqft (37.04 sqm)₹17.93 Lakh
Floor 2203643 sqft (59.71 sqm)₹28.90 Lakh
Floor 2204581 sqft (53.95 sqm)₹26.11 Lakh
Floor 5502592 sqft (55.04 sqm)₹26.64 Lakh
Floor 5503643 sqft (59.71 sqm)₹28.90 Lakh
Floor 6601399 sqft (37.04 sqm)₹17.93 Lakh
Floor 6604581 sqft (53.95 sqm)₹26.11 Lakh
Floor 7703643 sqft (59.71 sqm)₹28.90 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 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NILKANT SADAN1G+72831 Dec 2026

Unit mix on the filing: 28 residential.

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 PAPDY, VASAI, DHOVALI, Vasai, Palghar, 401207. Per the filed land record, the plot is bounded to the north by BRAVE PROPERTY, to the south by MAHAJAN PROPERTY, to the east by NATU PROPERTY and to the west by ROAD. 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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Other RERA-registered projects in Papdy

Govind Enclave
possession by Aug 2026 · M/s Divekar And Patil Construction
AVF Greens
possession by Dec 2026 · A.v.f. Realty
SKY Vista
possession by Dec 2026 · M/s. Divine Construction
Redevelopment Of Chinmay Co-Operative Housing Society Ltd
possession by Jan 2027 · Neom Construction
Premier Elegance
possession by Mar 2027 · Premear Landmark Developers LLP
Angel Crescenta
possession by Jun 2027 · JD Infra

Other RERA-registered projects in Palghar

Nilsa Homes
possession by Dec 2030 · Nilam Ramakant Sankhe
Nine Aura Construction
possession by Dec 2026 · Nine Aure Construction
Nine Construction
declared completion Dec 2021 · Nine Construction
Nine Realtors
declared completion Aug 2018 · Nine Realtors
Nine Star Crown Bldg NO. 4 Sapphire
possession by Dec 2031 · Nine Homemakers
Nine Star Grandeur
declared completion Dec 2023 · Nine Star Home Makers

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