MahaRERA Property Intelligence · Palghar

PARASNATH TOWNSHIP, BLDG-07, WING-B, TYPE-G

P99000055881 · PANCHALI WEST · promoter Shreenath Enterprises

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP99000055881
Registered on29 Apr 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Shreenath Enterprises is the promoter of record on 62 projects, of which 11 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 ~62.7% of the estimated project cost incurred as of the last certificate (₹88.49 Lakh spent against a ₹1.41 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 23 homes filed with MahaRERA, 11 are sold/booked and 12 remain available (~48% sold) — selling steadily. Buyers have committed ₹1.69 Cr in agreement value so far. Of that, ₹96.39 Lakh (~57%) is already collected, ₹72.27 Lakh receivable — a read on how far along these sales really are. 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 ₹4,233/sqft (typical range ₹3,982–₹5,401) — 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 2B-201343 sqft (31.82 sqm)₹13.51 Lakh
Floor 2B-204343 sqft (31.82 sqm)₹13.51 Lakh
Floor 3B-303343 sqft (31.82 sqm)₹13.51 Lakh
Floor 4B-402343 sqft (31.82 sqm)₹13.51 Lakh
Floor 4B-403343 sqft (31.82 sqm)₹13.51 Lakh
Ground/Floor 0S-01157 sqft (14.58 sqm)₹9.37 Lakh
Ground/Floor 0S-02120 sqft (11.13 sqm)₹7.15 Lakh
Ground/Floor 0S-03157 sqft (14.58 sqm)₹9.37 Lakh
Ground/Floor 0S-0466 sqft (6.13 sqm)₹3.41 Lakh
Ground/Floor 0S-05157 sqft (14.58 sqm)₹9.37 Lakh
Ground/Floor 0S-06120 sqft (11.13 sqm)₹7.15 Lakh
Ground/Floor 0S-07157 sqft (14.58 sqm)₹9.37 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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 23 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PARASNATH TOWNSHIP, BLDG NO-07 WING-B, TYPE-G1G+52331 Dec 2028

Unit mix on the filing: 16 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.

Location, Land & Connectivity

Located at PANCHALI WEST, PANCHALI, Vasai, Palghar, 401404. Per the filed land record, the plot is bounded to the north by 12 MT WIDE ROAD, to the south by PART OF GUT NO 395, to the east by 12 MT WUDE ROAD and to the west by PART OF GUT NO 395. 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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Builder track record

Shreenath Enterprises is the promoter on 12 MahaRERA-registered projects, of which 3 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Shreenath Enterprises project & its RERA track record →

Other flagged projects by Shreenath Enterprises

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Not filing quarterly progress reportsPalghar
Shreenath Enterprises
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Other RERA-registered projects in Palghar

Shree SAI Apartment
possession by Jul 2026 · Shree SAI Jivdani Developers
Madhav Vatika - VI
possession by Jul 2026 · R M N H Developers LLP
Prithvi Anand Kuber Complex
possession by Jul 2026 · Prithvi Anand Housing And Land Developer
Vardhaman Divine
possession by Jul 2026 · Vardhaman AND Shah Associates
Symphony Heights
possession by Aug 2026 · Kreate Space LLP
Shree Puram - 2, Building No. 1
possession by Aug 2026 · Vastu Realities

Major developers building in Palghar

Other RERA-registered projects in Palghar

Pareira Paradise
declared completion Dec 2017 · Trinity Developers
Parijat Heights Building NO 3 Wing A
declared completion Jun 2026 · Viva Swastik Homes
Parivar Ashish Galaxy
possession by Jun 2029 · Parivar Ashish Developers
Parivar Complex Building NO 1 AND 3
possession by Jun 2030 · Parivar Homes
Parivar Complex Building NO 2
possession by Dec 2028 · Parivar Homes
Parivar D Wing
possession by Jun 2027 · Thdc Parivar LLP

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