MahaRERA Property Intelligence · Palghar

Shree Ram Nagar Complex

P99000048744 · Virar · promoter Sudham Lifespaces Llp

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000048744
Registered on17 Jan 2023
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 months to 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.

Construction Progress

MahaRERA's cost filing puts construction at ~73.3% of the estimated project cost incurred as of the last certificate (₹47.00 Cr spent against a ₹64.16 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 195 homes filed with MahaRERA, 177 are sold/booked (128 with registered agreements + 49 booked) and 18 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹83.26 Cr in agreement value so far. Of that, ₹72.55 Cr (~87%) is already collected, ₹10.72 Cr receivable — a read on how far along these sales really are. Note: the project registers 294 homes in total, but this sold/unsold inventory filing covers only 195 of them — the other 99 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 177 registered agreements, the effective carpet rate is ₹11,135/sqft (typical range ₹7,493–₹17,679) — 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:

FloorUnitCarpetReckoner value
Floor 1B101509 sqft (47.3 sqm)₹46.39 Lakh
Floor 1B102514 sqft (47.79 sqm)₹46.87 Lakh
Floor 1COMMERCIAL-155,241 sqft (486.86 sqm)₹4.59 Cr
Floor 1COMMERCIAL-48174 sqft (16.19 sqm)₹15.88 Lakh
Floor 1COMMERCIAL-5468 sqft (6.29 sqm)₹7.14 Lakh
Floor 1COMMERCIAL-7342 sqft (31.74 sqm)₹31.13 Lakh
Floor 1COMMERCIAL-8342 sqft (31.74 sqm)₹31.13 Lakh
Floor 1VILLA-31,145 sqft (106.35 sqm)₹1.04 Cr
Floor 1VILLA-51,145 sqft (106.35 sqm)₹1.04 Cr
Floor 1VILLA-61,145 sqft (106.35 sqm)₹1.04 Cr
Floor 2A202675 sqft (62.74 sqm)₹61.53 Lakh
Floor 2COMMERCIAL-155,241 sqft (486.86 sqm)₹3.94 Cr
Floor 2COMMERCIAL-45193 sqft (17.9 sqm)₹17.56 Lakh
Floor 2COMMERCIAL-5468 sqft (6.29 sqm)₹7.14 Lakh
Floor 3A302677 sqft (62.86 sqm)₹61.65 Lakh
Floor 4B404292 sqft (27.1 sqm)₹26.58 Lakh
Ground/Floor 0SHOP-41,397 sqft (129.83 sqm)₹1.27 Cr
Ground/Floor 0SHOP-81,205 sqft (111.92 sqm)₹1.10 Cr

⚠ The inventory filing also declares: 99 not for sale. 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+23 and 294 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
1A1G+4126-
1B1G+310-
1C - Wing A and Wing B1G+23158-

Unit mix on the filing: 168 residential and 126 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 Virar, Vartak Road, Vasai, Palghar, 401303. Per the filed land record, the plot is bounded to the north by 20 M Road, to the south by Virar Vrindavan and Madhuban Building, to the east by 20 M Road and to the west by Bunglow of Sunil Jagannath Chorghe. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~37 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 / SEEPZ37 km
Powai / Hiranandani business park39 km
Chhatrapati Shivaji Int'l Airport42 km
Bandra Kurla Complex (BKC)44 km
Lower Parel / Worli business district51 km
Nariman Point / Fort59 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

Sudham Lifespaces LLP 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).

Other flagged projects by Sudham Lifespaces LLP

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Other RERA-registered projects in Virar West

Padman Residency
Not filing quarterly progress reports · possession by Jul 2026 · Hemant Parshuram Bhoir
Vinay Unique Residency Bldg NO 7
possession by Sep 2026 · Jasamrit Estates Private Limited
Mayfair Virar Gardens Building NO 23, 24 And 25
possession by Sep 2026 · Mayfair Housing
Dattachhaya
possession by Nov 2026 · Jagdish Manohar Mhatre
Solaris Wing E-1 Hdil Layout
possession by Dec 2026 · Sunshine Developers
Star ERA
possession by Dec 2026 · Star Builders & Developers

Major developers building in Virar West

Other RERA-registered projects in Palghar

Shree Ram Sampada
possession by Dec 2030 · Navkar Capitals
Shree Rameshwar Heights
possession by Dec 2029 · AMI Enterprises
Shree Residancy
declared completion Dec 2021 · Vaali Construction
Shree S R Homes
declared completion Dec 2025 · SR Infra
Shree Sadguru Apartment
declared completion Dec 2025 · Shree Sadguru Enterprises
Shree Sadguru Complex
declared completion Jul 2022 · Swami Enterprises

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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