MahaRERA Property Intelligence · Palghar

Rashmi Star City Phase 5

P99000006967 · Naigaon East · promoter Rashmi Realty Builders

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP99000006967
Registered on16 Aug 2017
Promoter-declared completion30 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.

Builder Track Record

Across MahaRERA, Rashmi Realty Builders is the promoter of record on 21 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.

Sales & Inventory

Of 970 homes filed with MahaRERA, 235 are sold/booked and 735 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹38.73 Cr in agreement value so far. Of that, ₹30.21 Cr (~78%) is already collected, ₹9.65 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 235 registered agreements, the effective carpet rate is ₹4,840/sqft (typical range ₹3,275–₹8,818) — 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+19 and 970 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Wing1G+1911431 Dec 2025
B Wing1G+197431 Dec 2025
C Wing1G+1610831 Dec 2025
D Wing1G+1611531 Dec 2025
E Wing1G+166431 Dec 2025
F Wing1G+1612031 Dec 2025
G-WING1G+1612731 Dec 2025
H-WING1G+166431 Dec 2025
I-WING1G+1611631 Dec 2025
J-WING1G+166831 Dec 2025

Unit mix on the filing: 926 residential and 44 non-residential (shops/offices).

Complaints & Orders

6 complaints are on the MahaRERA record for this project, with orders passed in 6. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000000171704/04/2018Dipti Dinesh Satra vs Rashmi Builder Pvt Ltdorder passed
CC00600000001273419/03/2018Anoop S.Singh vs Rashmi Reality Builders Pvt. Ltd.order passed
CC00600000002386603/04/2018WASIM ABDUL AZEEZ SYED vs RASHMI REALTY BUILDER PVT LTDorder passed
CC00600000005673905/11/2018KAMLEH SWAMI vs M/s. Rashmi Realty Builders Pvt. Ltd.order passed
CC00600000019566907/04/2021Narsayya Bonal vs RASHMI REALTY BUILDERS PVT LTDorder passed
CC1250404417/11/2025Ravi Chandrakant Chavan vs Rashmi Realty Builders Pvt Ltdorder passed

Legal & Litigation

The promoter has declared 1 court case 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.

CourtCase no.YearStatus
High Court Mumbai87/20132013Order Passed

Location, Land & Connectivity

Located at Naigaon East, Naigaon East, Thane, Thane, 401208. Per the filed land record, the plot is bounded to the north by Jaswant Pride, to the south by Star City Phase 4, to the east by Star City Phase 4 and to the west by MAAD Office. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~26 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 / SEEPZ26 km
Powai / Hiranandani business park28 km
Chhatrapati Shivaji Int'l Airport30 km
Bandra Kurla Complex (BKC)33 km
Lower Parel / Worli business district41 km
Nariman Point / Fort49 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

Rashmi Realty Builders Pvt Ltd is the promoter on 4 MahaRERA-registered projects, of which 2 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 Rashmi Realty Builders Pvt Ltd

Rashmi Realty Builders Pvt Ltd
FlaggedPalghar
Rashmi Realty Builders Pvt Ltd
FlaggedPalghar
Rashmi Realty Builders Pvt Ltd
Not filing quarterly progress reportsPalghar

Other RERA-registered projects in Vasai East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Ratan Heights
possession by Dec 2028 · RAJ Ratan Builders & Developers
Ratna Priya
possession by Dec 2026 · Shiv SAI Developers
Ratnamani Greens Phase 1
possession by Dec 2032 · Bhavi Reality LLP
Ravi Omkar Estate
possession by Dec 2026 · Omkar Enterprises
Ravikiran
possession by Dec 2027 · Kawali Builders
RAY Palms
possession by Jun 2029 · SVS Elevate LLP

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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