Imax Infra
MahaRERA Property Intelligence · Palghar
P99000005888 · VIRAR · promoter Imax Infra
| MahaRERA registration | P99000005888 |
| Registered on | 14 Aug 2017 |
| Promoter-declared completion | 30 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, Imax Infra is the promoter of record on 4 projects, of which 1 carries 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 ~93.8% of the estimated project cost incurred as of the last certificate (₹6.43 Cr spent against a ₹6.86 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.
Of 42 homes filed with MahaRERA, 28 are sold/booked (15 with registered agreements + 13 booked) and 14 remain available (~67% sold) — selling steadily. Buyers have committed ₹4.79 Cr in agreement value so far. Of that, ₹3.26 Cr (~68%) is already collected, ₹1.53 Cr receivable — a read on how far along these sales really are. Note: the project registers 70 homes in total, but this sold/unsold inventory filing covers only 42 of them — the other 28 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 28 registered agreements, the effective carpet rate is ₹4,409/sqft (typical range ₹3,311–₹6,866) — 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 1 | A-105 | 349 sqft (32.45 sqm) | ₹11.57 Lakh |
| Ground/Floor 0 | 1 | 153 sqft (14.24 sqm) | ₹6.95 Lakh |
| Ground/Floor 0 | 10 | 168 sqft (15.62 sqm) | ₹7.63 Lakh |
| Ground/Floor 0 | 11 | 125 sqft (11.65 sqm) | ₹5.69 Lakh |
| Ground/Floor 0 | 13 | 127 sqft (11.76 sqm) | ₹5.74 Lakh |
| Ground/Floor 0 | 14 | 153 sqft (14.24 sqm) | ₹6.95 Lakh |
| Ground/Floor 0 | 2 | 127 sqft (11.76 sqm) | ₹5.74 Lakh |
| Ground/Floor 0 | 3 | 117 sqft (10.85 sqm) | ₹5.30 Lakh |
| Ground/Floor 0 | 4 | 125 sqft (11.65 sqm) | ₹5.69 Lakh |
| Ground/Floor 0 | 5 | 168 sqft (15.62 sqm) | ₹7.63 Lakh |
| Ground/Floor 0 | 6 | 157 sqft (14.54 sqm) | ₹7.10 Lakh |
| Ground/Floor 0 | 7 | 171 sqft (15.91 sqm) | ₹7.77 Lakh |
| Ground/Floor 0 | 8 | 171 sqft (15.91 sqm) | ₹7.77 Lakh |
| Ground/Floor 0 | 9 | 157 sqft (14.54 sqm) | ₹7.10 Lakh |
⚠ The inventory filing also declares: 28 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+4 and 70 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| BUILDING NO 2 | 1 | G+4 | 70 | - |
Unit mix on the filing: 56 residential and 14 non-residential (shops/offices).
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 had the MahaRERA completion deadline formally extended 4 times. 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 |
|---|---|---|
| 31 Dec 2025 | 30 Dec 2020 | Since project has no sales except shop no.12 and due to fund crisis the project has not yet completed so, you are requested to grant extension of project. |
| 31 Dec 2025 | 31 Dec 2023 | DUE TO COVID PANEDEMIC LABOURERS WERE NOT AVAILABLE TO COMPLETE THE PROJECT WITHIN THE GIVEN TIME PERIOD. |
| 31 Dec 2025 | 31 Dec 2025 | Explanatory note regarding the state of development works in the projects and reason for being not completing development works of the projects within the period declared in the de |
| 31 Dec 2019 | 30 Jun 2027 | The real estate project, situated in a remote area, has faced significant challenges due to limited customer bookings, resulting in a lower-than-anticipated response from prospecti |
Located at VIRAR, VIRAR, Vasai, Palghar, 401501. Per the filed land record, the plot is bounded to the north by SURVEY NO 43 2 SURVEY NO 43 3 PART, to the south by SURVEY NO 43 4, to the east by SURVEY NO 4 and to the west by SURVEY NO 1. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~80 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 80 km |
| Powai / Hiranandani business park | 82 km |
| Chhatrapati Shivaji Int'l Airport | 84 km |
| Bandra Kurla Complex (BKC) | 87 km |
| Lower Parel / Worli business district | 94 km |
| Nariman Point / Fort | 102 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.
🔒 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 ROYAL GARDEN?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
Imax Infra 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