MahaRERA Property Intelligence · Mumbai Suburban

PLATINUM PARK AVENUE D2

P99000080847 · VASAI · promoter Md Realtors Developers

Certificate SignedDue 31 Mar 2030

Delivery & Registration

MahaRERA registrationP99000080847
Registered on17 Jul 2025
Promoter-declared completion31 Mar 2030
Current statusCertificate Signed
Against today44 months to the declared date

Builder Track Record

Across MahaRERA, Md Realtors Developers is the promoter of record on 66 projects, of which 13 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 ~19.3% of the estimated project cost incurred as of the last certificate (₹20.79 Cr spent against a ₹108.00 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 363 homes filed with MahaRERA, 10 are sold/booked (7 with registered agreements + 3 booked) and 353 remain available (~3% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹7.81 Cr in agreement value so far. Of that, ₹1.23 Cr (~16%) is already collected, ₹6.58 Cr 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 10 registered agreements, the effective carpet rate is ₹10,487/sqft (typical range ₹9,922–₹12,503) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+22 and 363 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING A1G+22124-
WING B1G+22117-
WING C1G+22122-

Unit mix on the filing: 358 residential and 5 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 VASAI, VILLAGE DONGARE, Borivali, Mumbai Suburban, 401303. Per the filed land record, the plot is bounded to the north by AVENUE D1, to the south by RED BRICKS, to the east by DP ROAD and to the west by LAXMI D. 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

MD Realtors & Developers LLP 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 MD Realtors & Developers LLP

MD Realtors & Developers LLP
FlaggedPalghar

Other RERA-registered projects in Virar West

Padman Residency
Not filing quarterly progress reports · possession by Jul 2026 · Hemant Parshuram Bhoir
Vinay Unique Residency Bldg NO 7
possession by Sep 2026 · Jasamrit Estates Private Limited
Mayfair Virar Gardens Building NO 23, 24 And 25
possession by Sep 2026 · Mayfair Housing
Dattachhaya
possession by Nov 2026 · Jagdish Manohar Mhatre
Solaris Wing E-1 Hdil Layout
possession by Dec 2026 · Sunshine Developers
Star ERA
possession by Dec 2026 · Star Builders & Developers

Major developers building in Virar West

Other RERA-registered projects in Palghar

Platinum Tower
possession by Dec 2026 · V M Developers
Pooja Township
possession by Dec 2027 · SAI Pooja Builder & Developers
Poonam Heights
declared completion Dec 2019 · Poonam Realty
Poonam Heights
declared completion Dec 2019 · Poonam Mega Developers
Poonam Imperia Phase I
declared completion Jan 2025 · Poonam Skyline Construction
Poonam Imperia Phase II
possession by Dec 2029 · Poonam Skyline Construction

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