MahaRERA Property Intelligence · Palghar

NILSA HOMES

P99000021644 · Katkar · promoter Nilam Ramakant Sankhe

Certificate SignedDue 31 Dec 2030

Delivery & Registration

MahaRERA registrationP99000021644
Registered on16 Jul 2019
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today53 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, Nilam Ramakant Sankhe is the promoter of record on 5 projects, of which none currently 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 ~50.7% of the estimated project cost incurred as of the last certificate (₹2.19 Cr spent against a ₹4.33 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 35 homes filed with MahaRERA, 5 are sold/booked and 30 remain available (~14% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.07 Cr in agreement value so far. Of that, ₹32.00 Lakh (~30%) is already collected, ₹75.17 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 5 registered agreements, the effective carpet rate is ₹4,616/sqft (typical range ₹3,604–₹4,937) — 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 1101412 sqft (38.24 sqm)₹18.59 Lakh
Floor 1102401 sqft (37.24 sqm)₹18.59 Lakh
Floor 1103409 sqft (37.96 sqm)₹18.46 Lakh
Floor 1105587 sqft (54.57 sqm)₹26.53 Lakh
Floor 2203409 sqft (37.96 sqm)₹18.46 Lakh
Floor 2204587 sqft (54.57 sqm)₹26.53 Lakh
Floor 2205587 sqft (54.57 sqm)₹26.53 Lakh
Floor 3301412 sqft (38.24 sqm)₹18.59 Lakh
Floor 3302412 sqft (38.24 sqm)₹18.59 Lakh
Floor 3303409 sqft (37.96 sqm)₹18.46 Lakh
Floor 3304587 sqft (54.57 sqm)₹26.53 Lakh
Floor 3305587 sqft (54.57 sqm)₹26.53 Lakh
Floor 4401412 sqft (38.24 sqm)₹18.59 Lakh
Floor 4402412 sqft (38.24 sqm)₹18.59 Lakh
Floor 4403409 sqft (37.96 sqm)₹18.46 Lakh
Floor 4404587 sqft (54.57 sqm)₹26.53 Lakh
Floor 4405587 sqft (54.57 sqm)₹26.53 Lakh
Floor 5502412 sqft (38.24 sqm)₹18.59 Lakh
Floor 5503409 sqft (37.96 sqm)₹18.46 Lakh
Floor 5505587 sqft (54.57 sqm)₹26.53 Lakh
Floor 6601412 sqft (38.24 sqm)₹18.59 Lakh
Floor 6602401 sqft (37.24 sqm)₹18.59 Lakh
Floor 6603409 sqft (37.96 sqm)₹18.46 Lakh
Floor 6604587 sqft (54.57 sqm)₹26.53 Lakh
Floor 6605587 sqft (54.57 sqm)₹26.53 Lakh
Floor 7701412 sqft (38.24 sqm)₹18.59 Lakh
Floor 7702412 sqft (38.24 sqm)₹18.59 Lakh
Floor 7703409 sqft (37.96 sqm)₹18.46 Lakh
Floor 7704587 sqft (54.57 sqm)₹26.53 Lakh
Floor 775587 sqft (54.57 sqm)₹26.53 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 35 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NILSA HOMES Type A Building no 11G+73531 May 2024

Unit mix on the filing: 35 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.

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
30 May 202531 Dec 2030Kindly refer to the attachment enclosed

Location, Land & Connectivity

Located at Katkar, Katkar , Palghar, Palghar, 401501. Per the filed land record, the plot is bounded to the north by S N 8, to the south by S N 11, to the east by R G and to the west by Boundary Wall. 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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Builder track record

Nilam Ramakant Sankhe is the promoter on 2 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 Nilam Ramakant Sankhe

Nilam Ramakant Sankhe
FlaggedPalghar

Other RERA-registered projects in Boisar

Ostwal Dream Land Phase - II
possession by Jul 2026 · Shree Ostwal Builders LTD
Parvati Homes
possession by Jul 2026 · Iconic Developers
Queens Villa
possession by Jul 2026 · Shashi Kuldeep Ostwal
Classic Apartment
possession by Sep 2026 · I.k.group
Divyajal
possession by Sep 2026 · Divyaraj Properties LLP
Kinjal Complex II
possession by Sep 2026 · Kinjal Enterprises

Major developers building in Boisar

Other RERA-registered projects in Palghar

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
Nine Star Grandeur
declared completion Jun 2022 · 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