MahaRERA Property Intelligence · Palghar

PALACIA

P99000047519 · Naigaon East · promoter Sagar Developers

Certificate SignedDue 31 Aug 2027

Delivery & Registration

MahaRERA registrationP99000047519
Registered on07 Nov 2022
Promoter-declared completion31 Aug 2027
Current statusCertificate Signed
Against today13 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, Sagar Developers is the promoter of record on 150 projects, of which 12 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹18.13 Cr spent against a ₹18.13 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 80 homes filed with MahaRERA, 74 are sold/booked (61 with registered agreements + 13 booked) and 6 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹21.12 Cr in agreement value so far. Of that, ₹17.30 Cr (~82%) is already collected, ₹3.82 Cr receivable — a read on how far along these sales really are. Note: the project registers 132 homes in total, but this sold/unsold inventory filing covers only 80 of them — the other 52 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 74 registered agreements, the effective carpet rate is ₹10,019/sqft (typical range ₹7,065–₹13,414) — 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 1101314 sqft (29.17 sqm)₹29.17 Lakh
Floor 111107332 sqft (30.81 sqm)₹30.81 Lakh
Floor 141401314 sqft (29.17 sqm)₹29.17 Lakh
Floor 151502296 sqft (27.46 sqm)₹27.46 Lakh
Floor 151507332 sqft (30.81 sqm)₹30.81 Lakh
Floor 151508314 sqft (29.17 sqm)₹29.17 Lakh

⚠ The inventory filing also declares: 23 owner/investor-held and 29 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+20 and 132 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PALACIA A WING1G+20132-

Unit mix on the filing: 120 residential and 12 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.

Location, Land & Connectivity

Located at Naigaon East, Tiwari Fatak Road, Thane, Thane, 401207. Per the filed land record, the plot is bounded to the north by Lay Out Road, to the south by Premier Ellegance B Wing, to the east by Krishna Heights and to the west by Lay Out Road and Shree Ram Tower. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~26 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 / SEEPZ26 km
Powai / Hiranandani business park27 km
Chhatrapati Shivaji Int'l Airport30 km
Bandra Kurla Complex (BKC)33 km
Lower Parel / Worli business district41 km
Nariman Point / Fort49 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 Papdy

Govind Enclave
possession by Aug 2026 · M/s Divekar And Patil Construction
AVF Greens
possession by Dec 2026 · A.v.f. Realty
Nilkant Sadan
possession by Dec 2026 · Divija Developers
SKY Vista
possession by Dec 2026 · M/s. Divine Construction
Redevelopment Of Chinmay Co-Operative Housing Society Ltd
possession by Jan 2027 · Neom Construction
Premier Elegance
possession by Mar 2027 · Premear Landmark Developers LLP

Other RERA-registered projects in Palghar

Palash
possession by Dec 2027 · Infra Crafts
Palash Apartment
possession by Mar 2027 · Palash Buildcon
Palghar Avenue
possession by Dec 2027 · RLG State Realty Land Developers AND Bui
Palghar ONE
possession by Sep 2028 · Shree Ganesh Associates
Palm Residency
declared completion Jun 2024 · Firdaus Dinshaw Irani
Palm Springs Phase - I
declared completion Dec 2023 · Arvel Developers

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