Neelkanth Sadan
MahaRERA Property Intelligence · Thane
P51700047737 · CHAVINDRA VILLAGE · promoter Al Araaf Infra
| MahaRERA registration | P51700047737 |
| Registered on | 21 Nov 2022 |
| Promoter-declared completion | 30 Jun 2025 |
| Current status | Certificate Signed |
| Against today | about 13 months past the declared date |
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.
Across MahaRERA, Al Araaf Infra is the promoter of record on 3 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.
MahaRERA's cost filing puts construction at ~98.5% of the estimated project cost incurred as of the last certificate (₹6.12 Cr spent against a ₹6.22 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.
Of 43 homes filed with MahaRERA, 5 are sold/booked and 38 remain available (~12% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.63 Cr in agreement value so far. Of that, ₹1.32 Cr (~81%) is already collected, ₹31.10 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 ₹5,656/sqft (typical range ₹3,920–₹7,217) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | A-3 | 433 sqft (40.22 sqm) | ₹17.76 Lakh |
| Floor 1 | A-4 | 433 sqft (40.22 sqm) | ₹17.76 Lakh |
| Floor 1 | B-1 | 612 sqft (56.85 sqm) | ₹24.39 Lakh |
| Floor 1 | B-2 | 344 sqft (31.95 sqm) | ₹13.69 Lakh |
| Floor 1 | OFFICE-1 | 658 sqft (61.13 sqm) | ₹27.02 Lakh |
| Floor 1 | OFFICE-2 | 546 sqft (50.73 sqm) | ₹22.42 Lakh |
| Floor 2 | A-1 | 626 sqft (58.16 sqm) | ₹21.42 Lakh |
| Floor 2 | A-3 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 2 | A-4 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 2 | B-1 | 713 sqft (66.24 sqm) | ₹24.39 Lakh |
| Floor 3 | A-1 | 542 sqft (50.35 sqm) | ₹18.54 Lakh |
| Floor 3 | A-3 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 3 | A-4 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 3 | B-1 | 713 sqft (66.24 sqm) | ₹24.39 Lakh |
| Floor 3 | B-2 | 400 sqft (37.16 sqm) | ₹13.69 Lakh |
| Floor 4 | A-1 | 542 sqft (50.35 sqm) | ₹18.54 Lakh |
| Floor 4 | A-2 | 678 sqft (62.99 sqm) | ₹23.20 Lakh |
| Floor 4 | A-3 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 4 | A-4 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 4 | B-1 | 713 sqft (66.24 sqm) | ₹24.39 Lakh |
| Floor 5 | A-1 | 542 sqft (50.35 sqm) | ₹18.54 Lakh |
| Floor 5 | A-2 | 678 sqft (62.99 sqm) | ₹23.20 Lakh |
| Floor 5 | A-3 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 5 | A-4 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 5 | B-1 | 713 sqft (66.24 sqm) | ₹24.39 Lakh |
| Floor 5 | B-2 | 400 sqft (37.16 sqm) | ₹13.69 Lakh |
| Floor 6 | A-1 | 542 sqft (50.35 sqm) | ₹18.54 Lakh |
| Floor 6 | A-2 | 678 sqft (62.99 sqm) | ₹23.20 Lakh |
| Floor 6 | A-4 | 519 sqft (48.22 sqm) | ₹17.76 Lakh |
| Floor 6 | B-1 | 713 sqft (66.24 sqm) | ₹24.39 Lakh |
| Floor 7 | A-1 | 1,193 sqft (110.83 sqm) | ₹40.82 Lakh |
| Floor 7 | A-2 | 1,732 sqft (160.91 sqm) | ₹59.26 Lakh |
| Ground/Floor 0 | 1 | 420 sqft (39.02 sqm) | ₹14.37 Lakh |
| Ground/Floor 0 | 2 | 425 sqft (39.48 sqm) | ₹14.54 Lakh |
| Ground/Floor 0 | 3 | 124 sqft (11.52 sqm) | ₹5.09 Lakh |
| Ground/Floor 0 | 4 | 175 sqft (16.29 sqm) | ₹7.18 Lakh |
| Ground/Floor 0 | 5 | 112 sqft (10.41 sqm) | ₹4.60 Lakh |
| Ground/Floor 0 | 6 | 146 sqft (13.56 sqm) | ₹5.99 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.
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+14 and 43 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| NOOR RESIDENCY | 1 | G+14 | 43 | 30 Jun 2025 |
Unit mix on the filing: 37 residential and 6 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
Located at CHAVINDRA VILLAGE, SURVEY NO 143/1, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by survey no 50 part and survey no 131 2P, to the south by 6 mtr road, to the east by EAST and to the west by 24 mtr 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.
🔒 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.
🔒 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.
Should you buy in NOOR RESIDENCY?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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