Shree Puram - 2, Building No. 1

Delivery & Registration

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Vastu Realities is the promoter of record on 129 projects, of which 21 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.

Construction Progress

MahaRERA's cost filing puts construction at ~82.0% of the estimated project cost incurred as of the last certificate (₹3.57 Cr spent against a ₹4.35 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.

Sales & Inventory

Of 24 homes filed with MahaRERA, 0 are sold/booked and 24 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 39 homes in total, but this sold/unsold inventory filing covers only 24 of them — the other 15 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.

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:

⚠ The inventory filing also declares: 15 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+3 and 39 homes are registered across the project.

Unit mix on the filing: 32 residential and 7 non-residential (shops/offices).

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 Umroli -East, Umroli, Vasai, Palghar, 401404. Per the filed land record, the plot is bounded to the north by Gut No 228, to the south by Village Road, to the east by Gut No 222 and to the west by Gut No 204 and 205. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Builder track record

Vastu Realities 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).

Other flagged projects by Vastu Realities

Other RERA-registered projects in Palghar

Major developers building in Palghar

Other RERA-registered projects in Palghar

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.