MahaRERA · the public record
PALAI TOWERS
SV Road · N D DEVELOPERS
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Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 Dec 2026
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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MahaRERA · P51800010465
Delivery and registration
When is the project declared for completion?
PALAI TOWERS is registered with MahaRERA as P51800010465 and the promoter has declared completion for 31 Dec 2026.
31 Dec 2026
declared completion
3months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51800010465 |
| Registered on | 27 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for PALAI TOWERS record 32 quarterly progress reports since registration.
32quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Filing progress reports — 32 quarterly progress reports on record since registration, with no current default.
Construction
How much construction cost has been reported?
In PALAI TOWERS, ₹179.45 Cr of a declared ₹235.29 Cr estimated project cost is reported as incurred, about 76.3%, as at the last certified filing with MahaRERA.
76.3%
₹179.45 Cr
of ₹235.29 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In PALAI TOWERS, 191 of 217 homes filed with MahaRERA are recorded as sold or booked, about 88%, and 26 remain available.
88%sold
191 of 217 homes
₹425.51 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹286.55 Cr (about 67%) is recorded as collected and ₹138.96 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 191 registered agreements, the effective carpet rate is ₹16,254/sqft, with eight in ten falling between ₹11,318 and ₹28,460 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 4 | B-104 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-1902 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-1903 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-1904 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2001 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2003 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2102 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2103 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2201 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2203 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2303 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2401 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2402 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2403 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2501 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2502 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2503 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2601 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2602 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2603 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2702 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2703 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2704 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-2803 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
| Floor 4 | B-2804 | 1,343 sqft (124.77 sqm) | ₹1.83 Cr |
| Floor 4 | B-501 | 918 sqft (85.28 sqm) | ₹1.25 Cr |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 16 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 191 homes carry one, and 26 of the 217 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| B-104 | 1,343 sqft | Rs 2.1710 cr typical, over Rs 1.2050 cr to Rs 3.9700 cr | 24 filed on this stack, floor 4 |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In PALAI TOWERS, every one of the 26 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+41 and 217 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PALAI TOWERS | 1 | G+41 | 217 | - |
Unit mix on the filing: 213 residential and 4 non-residential (shops/offices).
Legal and disputes
What disputes are disclosed?
7 complaints are on the MahaRERA record for PALAI TOWERS, with orders passed in 5 of them.
7complaints
5with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000195510 | 04/01/2021 | N D DEVELOPERS vs ND DEVELOPERS | order passed |
| CC006000000197801 | 30/07/2021 | Mushtaq A. Kasmani vs N.D. Developers | order passed |
| CC006000000197803 | 30/07/2021 | Vasim A Kasmani vs N.D. Developers | order passed |
| CC006000000197804 | 30/07/2021 | Jabin M. Kasamani vs N.D. Developers | order passed |
| CC006000000197806 | 30/07/2021 | Sain V. Kasmani vs N.D. Developers | order passed |
| CC006000000429006 | 21/02/2024 | M/s N D Developers vs Mr. Altaz Shabudin Ratnani | pending / no order on file |
| CC12501959 | 16/06/2025 | Manoj Kumar vs N D DEVELOPERS | pending / no order on file |
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 5 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Jun 2022 | Dear Sir, With reference to the captioned subject, we would like to inform your goodself that our project ‘Palai Tower’ is registered on the MahaRERA webportal vide Registration |
| 30 Jun 2022 | 31 Dec 2023 | The Secretary, Maharashtra Real Estate Regulatory Authority 3rd Floor, A-Wing, Slum Rehabilitation Authority, Administrative Building, Anant Kanekar Marg, Bandra (E), Mumbai 40 |
| 31 Dec 2023 | 31 Dec 2024 | Dear Sir/Madam We are applying for extension of date of completion to 31/12/2024. There has been a delay due to obtaining permissions required for further construction of the bu |
| 31 Dec 2024 | 31 Dec 2025 | Dear Sir/Madam |
| 31 Dec 2025 | 31 Dec 2026 | Dear Sir/Madam, please refer annexure for reason for delay |
Location, Land & Connectivity
Located at SV Road, Piramal Nagar, Mumbai City, Mumbai City, 400062. Per the filed land record, the plot is bounded to the north by PIRAMAL NAGAR, to the south by PATKAR COLLGEE, to the east by GOREGAON RAILWAY STN and to the west by S V ROAD. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 5 km |
| Powai / Hiranandani business park | 8 km |
| Chhatrapati Shivaji Int'l Airport | 9 km |
| Bandra Kurla Complex (BKC) | 12 km |
| Lower Parel / Worli business district | 19 km |
| Nariman Point / Fort | 27 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.