MahaRERA Property Intelligence · Palghar

SHREE TOWNSHIP PHASE 2

P99000053270 · KAMBALGAON · promoter Shree Shivbali Builders

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP99000053270
Registered on23 Oct 2023
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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 ~44.7% of the estimated project cost incurred as of the last certificate (₹1.29 Cr spent against a ₹2.88 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 16 homes filed with MahaRERA, 13 are sold/booked (4 with registered agreements + 9 booked) and 3 remain available (~81% sold) — selling steadily. Buyers have committed ₹2.98 Cr in agreement value so far. Of that, ₹56.02 Lakh (~19%) is already collected, ₹2.42 Cr receivable — a read on how far along these sales really are. Note: the project registers 26 homes in total, but this sold/unsold inventory filing covers only 16 of them — the other 10 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 13 registered agreements, the effective carpet rate is ₹5,838/sqft (typical range ₹4,651–₹15,069) — 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 1101373 sqft (34.63 sqm)₹7.71 Lakh
Floor 1104386 sqft (35.87 sqm)₹7.98 Lakh
Floor 4402704 sqft (65.37 sqm)₹14.55 Lakh

⚠ The inventory filing also declares: 10 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+4 and 26 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 1 WING A1G+42631 Dec 2029

Unit mix on the filing: 22 residential and 4 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 ROAD, to the south by SURVEY NO 8, to the east by SURVEY NO 59- 2 and to the west by SURVEY NO 58. 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
FlaggedPalghar
Shree Shivbali Builders Private Limited
Not filing quarterly progress reportsPalghar

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 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
Shree Vastu Complex
declared completion Nov 2024 · SAI Balaji Homes
Shree Vastu Complex
possession by Dec 2027 · Unity 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