MahaRERA Property Intelligence · Palghar

SIGNATURECLASSIC

P99000025957 · waliv east · promoter Bharatbhai Devjibhai Bhasotiya

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP99000025957
Registered on02 Aug 2020
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 months past 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, Bharatbhai Devjibhai Bhasotiya is the promoter of record on 3 projects, of which 2 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 ~80.1% of the estimated project cost incurred as of the last certificate (₹10.01 Cr spent against a ₹12.50 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. The declared completion date has already passed while the cost-incurred filing sits at ~80.1% — a wide gap between the promise and the money actually spent on site.

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 68 homes filed with MahaRERA, 23 are sold/booked and 45 remain available (~34% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹5.35 Cr in agreement value so far. Of that, ₹3.09 Cr (~58%) is already collected, ₹2.26 Cr 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 23 registered agreements, the effective carpet rate is ₹5,077/sqft (typical range ₹4,447–₹8,812) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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.

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+7 and 68 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SIGNATURE CLASSIC1G+76831 Mar 2023

Unit mix on the filing: 56 residential and 12 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
30 Sep 202331 Dec 2025I am writing to request an extension of the project completion timeline for [Project Name], registered under MahaRERA, due to the following reasons: Force Majeure Events: Th

Location, Land & Connectivity

Located at waliv east, waliv fanas pada, Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by 20 MM DP ROAD, to the south by 9 MMEXISTING ROAD, to the east by SNO 24 and to the west by 20 MM DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~33 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 / SEEPZ33 km
Powai / Hiranandani business park34 km
Chhatrapati Shivaji Int'l Airport37 km
Bandra Kurla Complex (BKC)40 km
Lower Parel / Worli business district48 km
Nariman Point / Fort56 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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Other RERA-registered projects in Vasai East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Silver Green
possession by Dec 2026 · Acres Developers
Silverlines Residency
possession by Jan 2030 · M/S Silver Homes
Simandhar Indusrial Estate
declared completion Oct 2024 · Space Infratech
Sitamai Complex
declared completion Dec 2021 · R J P Developers
Sitaram Heights
declared completion Jun 2025 · M/s. Om Sai Ram Infra
SK Heights
possession by Dec 2030 · S.S Buildcare Private Limited

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