MahaRERA Property Intelligence · Mumbai Suburban

Palazzio

P51800002414 · promoter Spenta Builders Private

Certificate SignedDue 31 Dec 2018

Delivery & Registration

MahaRERA registrationP51800002414
Registered on31 Jul 2017
Promoter-declared completion31 Dec 2018
Current statusCertificate Signed
Against todayabout 91 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, Spenta Builders Private is the promoter of record on 9 projects, of which 7 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+14.

BuildingWingsFloorsDeclared completion
Wing A1G+14-
Wing B1G+14-
Wing C1G+14-
Wing D1G+14-

Complaints & Orders

10 complaints are on the MahaRERA record for this project, with orders passed in 9. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000000018025/08/2017Sagar Sarjerao Nikam vs Spenta Builders Private Limitedorder passed
CC00600000001261831/12/2017Mr Pradeep Sharma & Mrs Sangeeta Sharma vs Spenta Builders Pvt Ltdorder passed
CC00600000005723009/12/2018Sagar Sarjerao Nikam vs Spenta Builders Private Limitedorder passed
CC00600000005733425/12/2018NUPURA CHANDRAKANT NAIK vs Spenta Builders Private Limitedorder passed
CC00600000005756106/01/2019Ashlesh Gosain vs Spenta Builders Pvt Ltdorder passed
CC00600000007951408/06/2019ASHLESH GOSAIN vs M/s Spenta Builders Pvt. Ltdorder passed
CC00600000007921331/05/2019RISHI BHASIN vs Spenta Builders Private Limitedorder passed
CC00600000019387931/08/2020Ravibhushan Kumar Prasad, Jawahar Prasad, Suchitra Jawahar Prasad vs Spenta Builders Pvt. Ltd.order passed
CC00600000039755923/09/2023Palazzio Co-operative Housing Society Ltd. (society) vs Spenta Builders Pvt. Ltd.pending / no order on file
CC00600000042928416/02/2024Spenta Builders Pvt. Ltd. vs Ravibhushan Kumar Prasadorder passed

A co-operative housing society is the complainant here (Palazzio Co-operative Housing Society Ltd.). On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.

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
31 Dec 201831 Dec 2018We have made the application for OC on 26/05/2017 as our buildings ready for occupation. Subsequent to our application, as per new norms instated by the MCGM, a letter was written

Location, Land & Connectivity

Located at Ward ABCD, Mumbai City, 400072. Per the filed land record, the plot is bounded to the north by CTS Nos 805 806 and 807, to the south by CTS No 840, to the east by CTS Nos 810 810-1 834 837 839 and 832A and to the west by CTS Nos 804 814 830 and 831. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Chhatrapati Shivaji Int'l Airport2 km
Powai / Hiranandani business park3 km
Bandra Kurla Complex (BKC)4 km
Andheri MIDC / SEEPZ4 km
Lower Parel / Worli business district12 km
Nariman Point / Fort20 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 Mumbai Suburban

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Pali Darshan CHS LTD
declared completion Jun 2019 · Paramount Construction
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declared completion Feb 2022 · Kryshnajay Developers Private Limited
Pali Palms
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Pali Vintage
declared completion Sep 2023 · Pritesh Sanghvi
Palihill
declared completion Aug 2025 · Shree Ahuja Properties 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