MahaRERA Property Intelligence · Thane

PADMALAXMI

P51700000815 · promoter Kedar Bhikaji Bapat

Certificate SignedDue 31 Mar 2018

Delivery & Registration

MahaRERA registrationP51700000815
Registered on23 Jul 2017
Promoter-declared completion31 Mar 2018
Current statusCertificate Signed
Against todayabout 100 months past 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, Kedar Bhikaji Bapat is the promoter of record on 5 projects, of which 3 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.

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+8.

BuildingWingsFloorsDeclared completion
PADMALAXMI1G+8-

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 Thane, Thane, 400602. Per the filed land record, the plot is bounded to the north by MANORAMA CHS, to the south by YADNESHWAR CHS, to the east by RAILWAY LINE and to the west by ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park10 km
Andheri MIDC / SEEPZ12 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district26 km
Nariman Point / Fort33 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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Other RERA-registered projects in Naupada

Veer Galaxy
possession by Jul 2026 · Yash Infra
Ashtavinayak Residency
possession by Sep 2026 · Ashvattha Realty LLP
Shree Krupa CO OP Housing Society
possession by Sep 2026 · Sharda Vastu Nirmitee Pvt. Ltd.
Ashirwad Co-Operative Housing Society Ltd
possession by Oct 2026 · Padmanabh Developers
Platinum Square
possession by Oct 2026 · Ratnamani Buildcon
Om Yashodhan Chsl
possession by Nov 2026 · Silver Stone Realty

Major developers building in Naupada

Other RERA-registered projects in Thane

Padmanabh
declared completion Oct 2023 · Yash Govinda Build Infra LLP
Padmanabh Heights
possession by Jul 2028 · Crystal Infra
Padmani Pearl
declared completion Dec 2025 · Co-Owners-Rajesh Sukhrani Manoj Sukhrani
Padmaprabha CO OP HSG Society
declared completion Apr 2018 · Shree Mahaveer Enterprises
Padmavati Avighna
possession by Mar 2028 · Padmavati Developers
Padmavati Blue Sapphire
possession by Dec 2026 · Padmavati Residency

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