MahaRERA Property Intelligence · Palghar

SHREE TOWNSHIP PHASE 2

P99000035083 · KAMBALGAON · promoter Shree Shivbali Builders

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP99000035083
Registered on04 May 2022
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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.

Builder Track Record

Across MahaRERA, Shree Shivbali Builders is the promoter of record on 4 projects, of which 1 carries 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 ~59.2% of the estimated project cost incurred as of the last certificate (₹5.59 Cr spent against a ₹9.45 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 90 homes filed with MahaRERA, 78 are sold/booked (58 with registered agreements + 20 booked) and 12 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹14.85 Cr in agreement value so far. Of that, ₹9.13 Cr (~62%) is already collected, ₹5.72 Cr receivable — a read on how far along these sales really are. Note: the project registers 144 homes in total, but this sold/unsold inventory filing covers only 90 of them — the other 54 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 78 registered agreements, the effective carpet rate is ₹5,766/sqft (typical range ₹4,702–₹9,775) — 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 4A402346 sqft (32.15 sqm)₹10.38 Lakh
Ground/Floor 0A8156 sqft (14.53 sqm)₹7.04 Lakh
Ground/Floor 0A9122 sqft (11.35 sqm)₹5.50 Lakh
Ground/Floor 0B11139 sqft (12.88 sqm)₹6.24 Lakh
Ground/Floor 0B13131 sqft (12.16 sqm)₹5.89 Lakh
Ground/Floor 0B1472 sqft (6.69 sqm)₹3.24 Lakh
Ground/Floor 0B14139 sqft (12.88 sqm)₹6.24 Lakh
Ground/Floor 0B1592 sqft (8.51 sqm)₹4.12 Lakh
Ground/Floor 0B1692 sqft (8.51 sqm)₹4.12 Lakh
Ground/Floor 0B8179 sqft (16.59 sqm)₹8.03 Lakh
Ground/Floor 0C1139 sqft (12.88 sqm)₹6.24 Lakh
Ground/Floor 0C7179 sqft (16.59 sqm)₹8.03 Lakh

⚠ The inventory filing also declares: 54 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+5 and 144 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 3 WING A1G+52931 Dec 2028
BUILDING NO 3 WING B1G+52231 Dec 2028
BUILDING NO 4 WING A1G+52731 Dec 2028
BUILDING NO 4 WING B1G+53331 Dec 2028
BUILDING NO 4 WING C1G+53331 Dec 2028

Unit mix on the filing: 109 residential and 35 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 KAMBALGAON, KAMBALGAON, Vasai, Palghar, 401501. Per the filed land record, the plot is bounded to the north by SURVEY NO 59 AND 69, to the south by GAOTHAN AND VILLAGE BOUNDARY, to the east by SURVEY NO 9 AND 58B and to the west by SURVEY NO 5 AND 7. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Shree Shivbali Builders Private Limited is the promoter on 4 MahaRERA-registered projects, of which 1 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:

Other flagged projects by Shree Shivbali Builders Private Limited

Shree Shivbali Builders Private Limited
FlaggedPalghar
Shree Shivbali Builders Private Limited
Not filing quarterly progress reportsPalghar
Shree Shivbali Builders Private Limited
FlaggedPalghar

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

Shree Township Phase 2
possession by Dec 2029 · Shree Shivbali Builders Private Limited
Shree Township Phase 2
possession by Dec 2029 · Shree Shivbali Builders Private Limited
Shree Vakratunda Heights C Wing
declared completion Apr 2026 · Shree Sadguru Realtor
Shree Vakratunda Hieghts
declared completion Apr 2026 · Shree Sadguru Realtor
Shree Varadvinayak Builders AND Developers
declared completion Dec 2021 · Shree Varadvinayak Builders AND Develope
Shree Vasant Vihar NX C Wing
possession by Dec 2027 · Shree Riddhi Siddhi Developers

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