MahaRERA Property Intelligence · Palghar

PHILIA SQUARE

P99000049091 · PALGHAR · promoter Kbafna Infraa Private

Certificate SignedDue 03 Jan 2028

Delivery & Registration

MahaRERA registrationP99000049091
Registered on30 Jan 2023
Promoter-declared completion03 Jan 2028
Current statusCertificate Signed
Against today18 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, Kbafna Infraa Private is the promoter of record on 3 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 ~45.0% of the estimated project cost incurred as of the last certificate (₹8.10 Cr spent against a ₹18.00 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 35 homes filed with MahaRERA, 4 are sold/booked and 31 remain available (~11% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.87 Cr in agreement value so far. Of that, ₹1.57 Cr (~84%) is already collected, ₹30.21 Lakh receivable — a read on how far along these sales really are. Note: the project registers 68 homes in total, but this sold/unsold inventory filing covers only 35 of them — the other 33 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.

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 1Office No 3605 sqft (56.22 sqm)₹28.05 Lakh
Floor 1Office No 4653 sqft (60.64 sqm)₹30.26 Lakh
Floor 1Office No 5570 sqft (52.95 sqm)₹26.42 Lakh
Floor 1Office No 7386 sqft (35.89 sqm)₹17.91 Lakh
Floor 1Office No 8422 sqft (39.17 sqm)₹19.55 Lakh
Floor 2Office No 1355 sqft (32.94 sqm)₹16.44 Lakh
Floor 2Office No 10493 sqft (45.77 sqm)₹22.84 Lakh
Floor 2Office No 11496 sqft (46.07 sqm)₹22.99 Lakh
Floor 2Office No 12821 sqft (76.23 sqm)₹38.04 Lakh
Floor 2Office No 2771 sqft (71.65 sqm)₹35.75 Lakh
Floor 2Office No 3605 sqft (56.22 sqm)₹28.05 Lakh
Floor 2Office No 4653 sqft (60.64 sqm)₹30.26 Lakh
Floor 2Office No 5570 sqft (52.95 sqm)₹26.42 Lakh
Floor 2Office No 6509 sqft (47.31 sqm)₹23.61 Lakh
Floor 2Office No 7422 sqft (39.17 sqm)₹19.55 Lakh
Floor 2Office No 8422 sqft (39.17 sqm)₹19.55 Lakh
Floor 2Office No 9628 sqft (58.35 sqm)₹29.12 Lakh
Floor 3Flat No 304684 sqft (63.52 sqm)₹27.44 Lakh
Floor 4Flat No 402681 sqft (63.25 sqm)₹27.32 Lakh
Floor 4Flat No 403694 sqft (64.46 sqm)₹27.85 Lakh
Floor 4Flat No 404684 sqft (63.52 sqm)₹27.44 Lakh
Floor 4Flat No 407702 sqft (65.19 sqm)₹28.16 Lakh
Floor 5Flat No 502681 sqft (63.25 sqm)₹27.32 Lakh
Floor 6Flat No 602681 sqft (63.25 sqm)₹27.32 Lakh
Floor 6Flat No 603694 sqft (64.46 sqm)₹27.85 Lakh
Floor 6Flat No 607702 sqft (65.19 sqm)₹28.16 Lakh
Ground/Floor 0Shop No 3521 sqft (48.36 sqm)₹35.45 Lakh
Ground/Floor 0Shop No 4485 sqft (45.09 sqm)₹33.05 Lakh
Ground/Floor 0Shop No 6615 sqft (57.12 sqm)₹41.87 Lakh
Ground/Floor 0Shop No 7722 sqft (67.06 sqm)₹49.15 Lakh
Ground/Floor 0Shop No 8707 sqft (65.69 sqm)₹48.15 Lakh

⚠ The inventory filing also declares: 33 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+9 and 68 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PHILIA SQUARE1G+968-

Unit mix on the filing: 35 residential and 33 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 PALGHAR, TEMBHODE ROAD, PALGHAR WEST, Mumbai City, Mumbai City, 401404. Per the filed land record, the plot is bounded to the north by MAMTA CO-OP SOCIETY AND PERVEZ KHAN BUNGALOW, to the south by 15 MTRS DP ROAD TEMBHODE ROAD, to the east by RANJANA CO-OP SOCIETY AND MEGHJEET SOCIETY and to the west by 12 MTRS DP ROAD TOWARDS RAMKRISHNA GARDEN. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~64 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 / SEEPZ64 km
Powai / Hiranandani business park66 km
Chhatrapati Shivaji Int'l Airport68 km
Bandra Kurla Complex (BKC)71 km
Lower Parel / Worli business district78 km
Nariman Point / Fort86 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

Kbafna Infraa Private Limited is the promoter on 2 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 Kbafna Infraa Private Limited

Kbafna Infraa Private Limited
FlaggedPalghar

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

Philips Villa
possession by Dec 2028 · Shree Balaji Developers
Phoenix Enfra
declared completion Mar 2025 · Aniket Bhalchandra Thakur
Phoenix Residence
possession by Dec 2029 · Tasha Nest Home Makers PVT LTD
PIL Tower
possession by Dec 2026 · PIL Developers Private Limited
Pinakin Heights
possession by Dec 2026 · Pinakin Reality
Pinnacle Industrial Park
possession by Dec 2026 · Vasai Square Associates

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