Sailee Developers Pvt. Ltd.
MahaRERA Property Intelligence · Mumbai Suburban
P51800028896 · NEW MHB COLONY · promoter Sailee Developers Pvt
| MahaRERA registration | P51800028896 |
| Registered on | 05 Apr 2021 |
| Promoter-declared completion | 29 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 months to the declared date |
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.
Across MahaRERA, Sailee Developers Pvt is the promoter of record on 7 projects, of which 2 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.
MahaRERA's cost filing puts construction at ~38.5% of the estimated project cost incurred as of the last certificate (₹27.72 Cr spent against a ₹72.00 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. With only ~11 months to the declared date and ~38.5% of the cost incurred, ask the promoter how the balance gets built in the time left.
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.
Of 67 homes filed with MahaRERA, 56 are sold/booked (51 with registered agreements + 5 booked) and 11 remain available (~84% sold) — selling steadily. Buyers have committed ₹61.40 Cr in agreement value so far. Of that, ₹40.80 Cr (~66%) is already collected, ₹20.61 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 55 registered agreements, the effective carpet rate is ₹16,994/sqft (typical range ₹15,510–₹20,121) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 16 | 1603 | 900 sqft (83.64 sqm) | ₹1.53 Cr |
| Floor 20 | 2003 | 900 sqft (83.64 sqm) | ₹1.53 Cr |
| Floor 21 | 2101 | 703 sqft (65.27 sqm) | ₹1.19 Cr |
| Floor 21 | 2102 | 829 sqft (77.03 sqm) | ₹1.41 Cr |
| Floor 21 | 2104 | 418 sqft (38.82 sqm) | ₹71.04 Lakh |
| Floor 22 | 2201 | 703 sqft (65.27 sqm) | ₹1.19 Cr |
| Floor 22 | 2202 | 829 sqft (77.03 sqm) | ₹1.41 Cr |
| Floor 22 | 2205 | 426 sqft (39.61 sqm) | ₹72.48 Lakh |
| Floor 4 | 401 | 703 sqft (65.27 sqm) | ₹1.19 Cr |
| Floor 5 | 501 | 703 sqft (65.27 sqm) | ₹1.19 Cr |
| Floor 5 | 504 | 418 sqft (38.82 sqm) | ₹71.04 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.
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+24 and 67 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PRATHAMESH STAR | 1 | G+24 | 67 | - |
Unit mix on the filing: 67 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 3 court cases on this project to MahaRERA. 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court | 8189 | 2020 | Disposed |
| High Court | 4739 | 2021 | Disposed |
| Supreme Court | 4547 | 2021 | Adjourned |
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Jun 2026 | 29 Jun 2027 | Due to shortage of material and labor not able to complete project please grant us extension till 29/06/2027 |
Located at NEW MHB COLONY, NEW LINK ROAD, Borivali, Mumbai Suburban, 400091. Per the filed land record, the plot is bounded to the north by GARDEN VIEW CHSL, to the south by ROAD, to the east by SHUBH DARSHAN CHSL and to the west by ROAD. 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.
🔒 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.
🔒 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.
Should you buy in PRATHAMESH STAR?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Sailee Developers Pvt. Ltd. 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).
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