MahaRERA Property Intelligence · Thane

Paramount B

P51700004741 · Balkum · promoter Kalpataru Homes Private

Certificate SignedDue 30 Jun 2025

Delivery & Registration

MahaRERA registrationP51700004741
Registered on09 Aug 2017
Promoter-declared completion30 Jun 2025
Current statusCertificate Signed
Against todayabout 13 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, Kalpataru Homes Private is the promoter of record on 50 projects, of which none currently 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 ~87.7% of the estimated project cost incurred as of the last certificate (₹67.03 Cr spent against a ₹76.44 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. The declared completion date has already passed while the cost-incurred filing sits at ~87.7% — a wide gap between the promise and the money actually spent on site.

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.

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+39.

BuildingWingsFloorsDeclared completion
Tower 2-Daffodil1G+3930 Dec 2024

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1240047520/10/2024Saurabh Sanjay Bhalerao vs Kalpataru Homes Private Limitedorder passed

Legal & Litigation

The promoter has declared 4 court cases on this project to MahaRERA. 4 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court9712005Pending
Additional Collector Appeal Thane102012Pending
Bombay High Court49772018Pending
Bombay High Court134512018Pending

Location, Land & Connectivity

Located at Balkum, Bhiwandi Road, Andheri, Mumbai Suburban, 400608. Per the filed land record, the plot is bounded to the north by S NO 114-4-Part 114-8-Part of village Majiwade, to the south by S NO 114-9A-Part 115-12-Part of village Majiwade, to the east by S NO 115-9 Part 115-12-Part of village Majiwade and to the west by S NO 114-8- Part of village Majiwade. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park14 km
Andheri MIDC / SEEPZ15 km
Chhatrapati Shivaji Int'l Airport19 km
Bandra Kurla Complex (BKC)21 km
Lower Parel / Worli business district29 km
Nariman Point / Fort37 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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Builder track record

Kalpataru Homes Private Limited is the promoter on 6 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Kalpataru Homes Private Limited

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Other RERA-registered projects in Balkum

Dosti West County - Dosti Tulip
possession by Oct 2026 · Dosti Enterprises
Highland Springs B4 D Wing
possession by Dec 2026 · Siddhi Real Estate Developers
Mahavir Bliss
possession by Dec 2026 · M/s. Shivshakti Engineers
Shraddha Peninsula
possession by Dec 2026 · Padmagriha Heights
Sumeet Elite
possession by May 2027 · Vedant Construction
Dosti West County - Dosti Nest - Phase 1
possession by Jun 2027 · Dosti Enterprises

Major developers building in Balkum

Other RERA-registered projects in Thane

Paramount C
declared completion Jun 2025 · Kalpataru Homes Private Limited
Paramount D
declared completion Jun 2025 · Kalpataru Homes Private Limited
Paramount E
declared completion Jun 2025 · Kalpataru Homes Private Limited
Paramount F
declared completion Sep 2024 · Kalpataru Homes Private Limited
Paramount Park
possession by Dec 2034 · Dilip Sudhakar Deshmukh
Paras Apartment CO-OP. Housing Society LTD
possession by Jun 2027 · Shiv Infra

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