VS Developers
MahaRERA Property Intelligence · Mumbai Suburban
P51800048541 · VIKHROLI EAST · promoter Vs Developers
| MahaRERA registration | P51800048541 |
| Registered on | 06 Jan 2023 |
| Promoter-declared completion | 31 May 2026 |
| Current status | Certificate Signed |
| Against today | about 2 months past 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.
MahaRERA's cost filing puts construction at ~167.7% of the estimated project cost incurred as of the last certificate (₹31.20 Cr spent against a ₹18.60 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 65 homes filed with MahaRERA, 47 are sold/booked and 18 remain available (~72% sold) — selling steadily. Buyers have committed ₹41.61 Cr in agreement value so far. Of that, ₹31.02 Cr (~75%) is already collected, ₹10.59 Cr receivable — a read on how far along these sales really are. Note: the project registers 71 homes in total, but this sold/unsold inventory filing covers only 65 of them — the other 6 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 47 registered agreements, the effective carpet rate is ₹18,369/sqft (typical range ₹16,691–₹19,013) — 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 | Office | 1,136 sqft (105.53 sqm) | ₹1.87 Cr |
| Floor 2 | 203 | 436 sqft (40.46 sqm) | ₹62.23 Lakh |
| Floor 20 | 2001 | 625 sqft (58.06 sqm) | ₹98.23 Lakh |
| Floor 20 | 2002 | 460 sqft (42.77 sqm) | ₹72.36 Lakh |
| Floor 22 | 2201 | 625 sqft (58.06 sqm) | ₹1.03 Cr |
| Floor 22 | 2202 | 460 sqft (42.77 sqm) | ₹75.65 Lakh |
| Floor 23 | 2302 | 460 sqft (42.77 sqm) | ₹75.65 Lakh |
| Floor 23 | 2303 | 465 sqft (43.19 sqm) | ₹76.40 Lakh |
| Floor 3 | 303 | 436 sqft (40.46 sqm) | ₹62.23 Lakh |
| Floor 4 | 403 | 436 sqft (40.46 sqm) | ₹62.23 Lakh |
| Floor 5 | 501 | 599 sqft (55.66 sqm) | ₹89.89 Lakh |
| Floor 6 | 601 | 599 sqft (55.66 sqm) | ₹89.89 Lakh |
| Floor 7 | 701 | 599 sqft (55.66 sqm) | ₹89.89 Lakh |
| Floor 8 | 801 | 599 sqft (55.66 sqm) | ₹89.89 Lakh |
| Ground/Floor 0 | Shop No. 01 | 245 sqft (22.72 sqm) | ₹43.68 Lakh |
| Ground/Floor 0 | Shop No. 02 | 210 sqft (19.52 sqm) | ₹37.53 Lakh |
| Ground/Floor 0 | Shop No. 03 | 233 sqft (21.65 sqm) | ₹41.63 Lakh |
| Ground/Floor 0 | Shop No. 04 | 286 sqft (26.53 sqm) | ₹51.01 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+22 and 71 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| ROYALE 22 | 1 | G+22 | 71 | - |
Unit mix on the filing: 66 residential and 5 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12504072 | 19/11/2025 | Gaurav Sanjay Bhagat vs VS DEVELOPERS | order passed |
The promoter has had the MahaRERA completion deadline formally extended 2 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 |
|---|---|---|
| 30 Sep 2025 | 31 Dec 2025 | We are yet to apply for the Occupancy Certificate (OC), and based on the current progress, we expect to receive the OC by December 2025. To accommodate any unforeseen delays and en |
| 30 Sep 2025 | 31 May 2026 | The delay in the completion of the real estate project has been primarily caused by a delay in OC. The project is 100% completed, we received the Occupation Certificate (OC) on 16/ |
Located at VIKHROLI EAST, KANNAMAWAR NAGAR, Andheri, Mumbai Suburban, 400083. Per the filed land record, the plot is bounded to the north by 1, to the south by 1, to the east by 1 and to the west by 1. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~57 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 |
|---|---|
| Powai / Hiranandani business park | 57 km |
| Bandra Kurla Complex (BKC) | 60 km |
| Andheri MIDC / SEEPZ | 61 km |
| Chhatrapati Shivaji Int'l Airport | 61 km |
| Lower Parel / Worli business district | 65 km |
| Nariman Point / Fort | 67 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 ROYALE 22?
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.
VS Developers is the promoter on 3 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