MahaRERA Property Intelligence · Mumbai Suburban

PALACE LIBERTY

P51800052160 · MALAD WEST · promoter Serinity Exquisite Llp

Certificate SignedDue 11 May 2027

Delivery & Registration

MahaRERA registrationP51800052160
Registered on27 Jul 2023
Promoter-declared completion11 May 2027
Current statusCertificate Signed
Against today10 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 ~46.0% of the estimated project cost incurred as of the last certificate (₹5.99 Cr spent against a ₹13.02 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 ~10 months to the declared date and ~46.0% 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 23 homes filed with MahaRERA, 13 are sold/booked (8 with registered agreements + 5 booked) and 10 remain available (~57% sold) — selling steadily. Buyers have committed ₹8.73 Cr in agreement value so far. Of that, ₹8.71 Cr (~100%) is already collected, ₹1.51 Cr receivable — a read on how far along these sales really are. Note: the project registers 66 homes in total, but this sold/unsold inventory filing covers only 23 of them — the other 43 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 11 registered agreements, the effective carpet rate is ₹16,588/sqft (typical range ₹14,396–₹17,649) — 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 1103559 sqft (51.89 sqm)₹69.62 Lakh
Floor 1104322 sqft (29.91 sqm)₹40.13 Lakh
Floor 111102500 sqft (46.45 sqm)₹62.32 Lakh
Floor 131302500 sqft (46.45 sqm)₹62.32 Lakh
Floor 141403675 sqft (62.71 sqm)₹84.13 Lakh
Floor 151502500 sqft (46.45 sqm)₹62.32 Lakh
Floor 151503559 sqft (51.89 sqm)₹69.62 Lakh
Floor 161603619 sqft (57.48 sqm)₹77.12 Lakh
Floor 2203559 sqft (51.89 sqm)₹69.62 Lakh
Floor 6602500 sqft (46.45 sqm)₹62.32 Lakh

⚠ The inventory filing also declares: 23 reserved. 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+5 and 66 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PALACE LIBERTY1G+566-

Unit mix on the filing: 59 residential and 7 non-residential (shops/offices).

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
11 May 202611 May 2027Subject: Submission of Technical Reasons for Delay in Completion of the Project Palace Liberty, Maha RERA Reg. No. P51800052160 Respected Sir, We, SERINITY EXQUISITE LLP, are the

Location, Land & Connectivity

Located at MALAD WEST, CROSS ROAD NO. 2 AND 3, Borivali, Mumbai Suburban, 400064. Per the filed land record, the plot is bounded to the north by CTS No 18 and 22, to the south by CTS No 220 1, to the east by Road 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 Mumbai Suburban

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Palai Towers
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Palash
possession by Dec 2026 · Chamundeshwari Infrastructure Private Li
Palatina
possession by Jul 2026 · Tanishq Builders
Palazzio
declared completion Dec 2018 · Spenta Builders Private Limited

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