MahaRERA Property Intelligence · Palghar

OMKAR VASTU COMPLEX

P99000031421 · SAPHALE · promoter Omkar Developers

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000031421
Registered on23 Oct 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, Omkar Developers is the promoter of record on 151 projects, of which 21 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 ~67.1% of the estimated project cost incurred as of the last certificate (₹9.25 Cr spent against a ₹13.79 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 83 homes filed with MahaRERA, 39 are sold/booked and 44 remain available (~47% sold) — selling steadily. Buyers have committed ₹10.92 Cr in agreement value so far. Of that, ₹7.61 Cr (~70%) is already collected, ₹3.11 Cr receivable — a read on how far along these sales really are. Note: the project registers 141 homes in total, but this sold/unsold inventory filing covers only 83 of them — the other 58 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 39 registered agreements, the effective carpet rate is ₹6,743/sqft (typical range ₹5,206–₹8,903) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 2 owner/investor-held and 56 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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 141 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 11G+62931 Dec 2026
BUILDING NO 21G+64431 Dec 2026
BUILDING NO 31G+64531 Dec 2026
BUILDING NO 41G+62331 Dec 2026

Unit mix on the filing: 141 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 SAPHALE, MAKNE SAPHALE ROAD, Vasai, Palghar, 401102. Per the filed land record, the plot is bounded to the north by LAYOUT ROAD, to the south by GUT NO 256, to the east by GUT NO 255 and to the west by GUT NO 152. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~50 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ50 km
Powai / Hiranandani business park51 km
Chhatrapati Shivaji Int'l Airport54 km
Bandra Kurla Complex (BKC)57 km
Lower Parel / Worli business district64 km
Nariman Point / Fort72 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

Omkar Developers is the promoter on 10 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).

See every Omkar Developers project & its RERA track record →

Other flagged projects by Omkar Developers

Other RERA-registered projects in Makane

Galaxy Complex
possession by Jul 2026 · Ksquare Realty Private Limited
Balaji Heights
possession by Dec 2026 · Tirupati Enterprises
Excellence Residency 2
possession by Dec 2026 · SAI Excellence Realtors
Excellence Residency 3
possession by Dec 2026 · SAI Excellence Developers
Nayan-Vastu Heritage
Not filing quarterly progress reports · possession by Dec 2026 · Unity Infra
Nayan-Vastu Heritage
possession by Dec 2026 · Unity Infra

Major developers building in Makane

Other RERA-registered projects in Palghar

Omkara
declared completion Jun 2022 · ANH Nirman
ONE Star Developers
declared completion Sep 2022 · Ishtiyakaahmad Baitullah Khan
ONE Star Developers
declared completion Dec 2025 · Ishtiyakahmad Baitullah Khan
Opal Fairy Bell
declared completion May 2023 · Sylva Land Developers
ORA Forming Part OF THE Complex Akhand
possession by Jun 2028 · Techton Lifespaces LLP
Orbit Accord AND Orbit Skyline
possession by Mar 2032 · Ulhas Marian Gonsalves

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