Padman Residency
MahaRERA Property Intelligence · Palghar
P99000007055 · VIRAR · promoter Mukti Builders
| MahaRERA registration | P99000007055 |
| Registered on | 17 Aug 2017 |
| Promoter-declared completion | 05 Mar 2025 |
| Current status | Certificate Signed |
| Against today | about 16 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.
Across MahaRERA, Mukti Builders is the promoter of record on 11 projects, of which none currently 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.
Of 64 homes filed with MahaRERA, 24 are sold/booked and 40 remain available (~38% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹6.63 Cr in agreement value so far. Of that, ₹9.65 Cr (~146%) is already collected, ₹0 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 24 registered agreements, the effective carpet rate is ₹6,579/sqft (typical range ₹5,281–₹7,952) — 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 | 101 | 516 sqft (47.9 sqm) | ₹101 |
| Floor 1 | 103 | 382 sqft (35.46 sqm) | ₹103 |
| Floor 10 | 1001 | 516 sqft (47.9 sqm) | - |
| Floor 10 | 1004 | 382 sqft (35.46 sqm) | - |
| Floor 10 | 1004 | 511 sqft (47.5 sqm) | - |
| Floor 10 | 1103 | 382 sqft (35.46 sqm) | - |
| Floor 11 | 1102 | 382 sqft (35.46 sqm) | - |
| Floor 11 | 1104 | 511 sqft (47.5 sqm) | - |
| Floor 11 | 1105 | 382 sqft (35.46 sqm) | - |
| Floor 11 | 11103 | 382 sqft (35.46 sqm) | - |
| Floor 12 | 1201 | 516 sqft (47.9 sqm) | - |
| Floor 12 | 1202 | 382 sqft (35.46 sqm) | - |
| Floor 12 | 1203 | 382 sqft (35.46 sqm) | - |
| Floor 12 | 1204 | 511 sqft (47.5 sqm) | - |
| Floor 12 | 1205 | 382 sqft (35.46 sqm) | - |
| Floor 13 | 1301 | 516 sqft (47.9 sqm) | - |
| Floor 13 | 1302 | 382 sqft (35.46 sqm) | - |
| Floor 13 | 1303 | 382 sqft (35.46 sqm) | - |
| Floor 2 | 201 | 516 sqft (47.9 sqm) | ₹201 |
| Floor 2 | 204 | 511 sqft (47.5 sqm) | - |
| Floor 2 | 205 | 382 sqft (35.46 sqm) | - |
| Floor 3 | 301 | 516 sqft (47.9 sqm) | ₹301 |
| Floor 3 | 305 | 382 sqft (35.46 sqm) | - |
| Floor 4 | 401 | 516 sqft (47.9 sqm) | - |
| Floor 4 | 403 | 382 sqft (35.46 sqm) | - |
| Floor 5 | 503 | 382 sqft (35.46 sqm) | - |
| Floor 6 | 601 | 516 sqft (47.9 sqm) | - |
| Floor 7 | 701 | 516 sqft (47.9 sqm) | - |
| Floor 7 | 703 | 382 sqft (35.46 sqm) | - |
| Floor 7 | 705 | 382 sqft (35.46 sqm) | - |
| Floor 8 | 801 | 516 sqft (47.9 sqm) | - |
| Floor 8 | 803 | 382 sqft (35.46 sqm) | - |
| Floor 8 | 804 | 511 sqft (47.5 sqm) | - |
| Floor 8 | 805 | 382 sqft (35.46 sqm) | - |
| Floor 8 | shantinathtower | 415 sqft (38.53 sqm) | ₹73,710 |
| Floor 9 | 901 | 516 sqft (47.9 sqm) | - |
| Floor 9 | 902 | 382 sqft (35.46 sqm) | - |
| Floor 9 | 903 | 382 sqft (35.46 sqm) | - |
| Floor 9 | 904 | 511 sqft (47.5 sqm) | - |
| Floor 9 | 905 | 382 sqft (35.46 sqm) | - |
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+14 and 64 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SHANTINATH TOWER | 1 | G+14 | 64 | - |
Unit mix on the filing: 64 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 had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 01 Oct 2024 | 01 Oct 2024 | WE HAVE ALREADY COMPLETED OUR PROJECT AND ALSO GIVEN POSSESSION .AS YOU ARE AWARE IN VIRAR WEST, HDIL SECTOR, PROCEDURE FOR O.C IS IN PROGRESS SO PLEASE GIVE US EXTENSION TIME .SO |
| 01 Oct 2024 | 01 Apr 2022 | RESPECTED SIR/MADAM , WE HAVE ALREADY COMPLETED CONSTRUCTION WORK OF OUR PROJECT AND ALSO GIVEN TO STAY FEW FLAT OWNERS WHO WERE IN URGENT NEED IN THESE CORONA PANDEMIC ACTIVITY. |
| 01 Apr 2021 | 05 Mar 2025 | PROJECT HAS BEEN COMPLETED VERY LONG AGO ONLY O.C WAS DUE WHICH HAS BEEN RECEIVED ON 5.3.2025 |
Located at VIRAR, Y K NAGAR NX, Vasai, Palghar, 401303. Per the filed land record, the plot is bounded to the north by BLD 17 WING D AND RG, to the south by RG AND WALL OF GLOBAL CITY, to the east by WALL OF GLOBAL CITY and to the west by BLD 17 WING F. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
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.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 26 km |
| Powai / Hiranandani business park | 27 km |
| Chhatrapati Shivaji Int'l Airport | 31 km |
| Bandra Kurla Complex (BKC) | 33 km |
| Lower Parel / Worli business district | 42 km |
| Nariman Point / Fort | 49 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 SHANTINATH TOWER?
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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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.
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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