MahaRERA Property Intelligence · Thane

PRABHU DARSHAN CO-OPERATIVE HOUSING SOCIETY LIMITED

P51700056412 · BADLAPUR · promoter Nyp Developers

Certificate SignedDue 21 Dec 2026

Delivery & Registration

MahaRERA registrationP51700056412
Registered on31 May 2024
Promoter-declared completion21 Dec 2026
Current statusCertificate Signed
Against today5 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.

Construction Progress

MahaRERA's cost filing puts construction at ~51.8% of the estimated project cost incurred as of the last certificate (₹1.95 Cr spent against a ₹3.76 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 25 homes filed with MahaRERA, 19 are sold/booked and 6 remain available (~76% sold) — selling steadily. Buyers have committed ₹4.53 Cr in agreement value so far. Of that, ₹2.48 Cr (~55%) is already collected, ₹2.05 Cr receivable — a read on how far along these sales really are. Note: the project registers 47 homes in total, but this sold/unsold inventory filing covers only 25 of them — the other 22 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.

What buyers actually paid: across 19 registered agreements, the effective carpet rate is ₹8,522/sqft (typical range ₹6,612–₹18,693) — 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 4405366 sqft (34 sqm)₹17.31 Lakh
Floor 5501434 sqft (40.33 sqm)₹20.53 Lakh
Floor 5506425 sqft (39.46 sqm)₹20.09 Lakh
Ground/Floor 06425 sqft (39.46 sqm)₹24.45 Lakh
Upper Ground8104 sqft (9.7 sqm)₹6.25 Lakh
Upper Ground9104 sqft (9.7 sqm)₹6.25 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 47 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PRABHU DARSHAN CO OPERATIVE HSG SOCIETY LIMITED1G+54721 Dec 2026

Unit mix on the filing: 37 residential and 10 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 BADLAPUR, KATRAP AT BADLAPUR , Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by PART OF LAND BEARING SR NO 21, to the south by PART OF LAND BEARING SR NO 21, to the east by 9 METER WIDE ROAD and to the west by INTERNAL WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~35 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park35 km
Andheri MIDC / SEEPZ39 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)40 km
Lower Parel / Worli business district47 km
Nariman Point / Fort51 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

NYP Developers is the promoter on 6 MahaRERA-registered projects, of which 1 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:

Other flagged projects by NYP Developers

NYP Developers
Past its declared completion dateThane

Other RERA-registered projects in Badlapur

Ekdant Pooja Chsl
possession by Jul 2026 · Landmark Infra
OM Shiv Darshan
possession by Jul 2026 · Vinayak Enterprises Developers
RAJ Silverstone Phase-2
possession by Jul 2026 · Skyspace Builtek
Sairaj Avenue Wing B
possession by Jul 2026 · Virendra Atmaram Salunkhe
Satyam Sheela Wing F
possession by Jul 2026 · Shreeji Developers
Shreeji Greens
possession by Jul 2026 · Deep Laxmi Associates

Major developers building in Badlapur

Other RERA-registered projects in Thane

Prachi Residency
declared completion Dec 2024 · Prachi Developers
Pradeep CO-Operative Housing Society LTD
possession by Sep 2027 · Squarefeet Real Estate
Pradhan Mantri Awas Yojana - Urban
possession by Dec 2027 · Kulgaon Badlapur Municipal Council
Pragati Om Gulmohar
possession by Sep 2027 · Pragati Homes
Pragati Skyline
declared completion Jun 2024 · Pragati Enterprises
Prakash Landmark
possession by Aug 2030 · RAI Lifespaces

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