MahaRERA Property Intelligence · Palghar

SATHYANAGAR PHASE 2

P99000008795 · promoter Sapphire Space Infracon

Certificate SignedDue 31 Jan 2021

Delivery & Registration

MahaRERA registrationP99000008795
Registered on19 Aug 2017
Promoter-declared completion31 Jan 2021
Current statusCertificate Signed
Against todayabout 66 months past 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, Sapphire Space Infracon is the promoter of record on 20 projects, of which 5 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.

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+1.

BuildingWingsFloorsDeclared completion
A1G+1-
B1G+1-
C1G+1-
D1G+1-
E1G+1-

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 Andheri, Mumbai Suburban, 401501. Per the filed land record, the plot is bounded to the north by SATHYANAGAR PHASE 3, to the south by INTERNAL LAYOUT ROAD, to the east by BOUNDARY WALL and to the west by INTERNAL LAYOUT 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 ~81 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 / SEEPZ81 km
Powai / Hiranandani business park83 km
Chhatrapati Shivaji Int'l Airport86 km
Bandra Kurla Complex (BKC)88 km
Lower Parel / Worli business district95 km
Nariman Point / Fort103 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

Sapphire Space Infracon Pvt Ltd is the promoter on 5 MahaRERA-registered projects, of which 5 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:

See every Sapphire Space Infracon Pvt Ltd project & its RERA track record →

Other flagged projects by Sapphire Space Infracon Pvt Ltd

Sapphire Space Infracon Pvt Ltd
Developer in insolvency (NCLT)Palghar
Sapphire Space Infracon Pvt Ltd
Developer in insolvency (NCLT)Palghar
Sapphire Space Infracon Pvt Ltd
Developer in insolvency (NCLT)Palghar
Sapphire Space Infracon Pvt Ltd
Developer in insolvency (NCLT)Palghar

Other RERA-registered projects in Boisar

Ostwal Dream Land Phase - II
possession by Jul 2026 · Shree Ostwal Builders LTD
Parvati Homes
possession by Jul 2026 · Iconic Developers
Queens Villa
possession by Jul 2026 · Shashi Kuldeep Ostwal
Classic Apartment
possession by Sep 2026 · I.k.group
Divyajal
possession by Sep 2026 · Divyaraj Properties LLP
Kinjal Complex II
possession by Sep 2026 · Kinjal Enterprises

Major developers building in Boisar

Other RERA-registered projects in Palghar

Sathyanagar Phase 3
declared completion Jan 2021 · Sapphire Space Infracon Pvt Ltd
Sathyanagar Phase 4
declared completion Jan 2021 · Sapphire Space Infracon Pvt Ltd
Sathyanagar Phase 5
declared completion Jan 2021 · Sapphire Space Infracon Pvt Ltd
Satu Aura
declared completion May 2018 · Satu Realty
Satu Aura-Tower 2
declared completion May 2023 · Satu Realty
Satya Constructions - Sharda Krupa
declared completion Dec 2020 · Satya Spaces Private Limited

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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