Mumbai/Project record

MahaRERA · the public record

SOLSTICE PHASE- I

Kamraj Nagar · NEELAM FINANCE (BOMBAY ) PVT LTD

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35units filed as unsoldInventory · 12 September 2026
31 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
332registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2026

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51900002750

Delivery and registration

When is the project declared for completion?

SOLSTICE PHASE- I is registered with MahaRERA as P51900002750 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

3months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51900002750
Registered on04 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today3 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for SOLSTICE PHASE- I record 31 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 31 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Neelam Finance (Bombay is the promoter of record on 11 projects registered with MahaRERA, 1 of which carries a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

11projects

registered with MahaRERA

1flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In SOLSTICE PHASE- I, ₹158.63 Cr of a declared ₹181.67 Cr estimated project cost is reported as incurred, about 87.3%, as at the last certified filing with MahaRERA.

87.3%

₹158.63 Cr

of ₹181.67 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In SOLSTICE PHASE- I, 297 of 332 homes filed with MahaRERA are recorded as sold or booked (275 with registered agreements and 22 booked), about 89%, and 35 remain available.

89%sold

297 of 332 homes

₹297.97 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹272.61 Cr (about 91%) is recorded as collected and ₹26.51 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 295 registered agreements, the effective carpet rate is ₹14,465/sqft, with eight in ten falling between ₹9,782 and ₹17,630 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1A-105915 sqft (85 sqm)₹97.35 Lakh
Floor 12B-1206480 sqft (44.63 sqm)-
Floor 12B-1207420 sqft (39.01 sqm)-
Floor 18A-18011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 18A-1804915 sqft (85 sqm)-
Floor 18B-1803877 sqft (81.49 sqm)-
Floor 18B-1804876 sqft (81.35 sqm)-
Floor 19A-19011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 2A-2011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 2A-205915 sqft (85 sqm)₹97.35 Lakh
Floor 21B-2102915 sqft (85 sqm)-
Floor 21B-2103877 sqft (81.49 sqm)-
Floor 21B-2104876 sqft (81.35 sqm)-
Floor 22A-22011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 25A-25011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 3A-3011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 4A-4011,152 sqft (107.04 sqm)-
Floor 4A-402876 sqft (81.34 sqm)-
Floor 4A-403877 sqft (81.49 sqm)-
Floor 4A-404915 sqft (85 sqm)-
Floor 4A-405915 sqft (85 sqm)-
Floor 5A-502876 sqft (81.34 sqm)-
Floor 5A-503877 sqft (81.49 sqm)-
Floor 6A-6011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 6A-605915 sqft (85 sqm)₹97.35 Lakh
Floor 6B-602915 sqft (85 sqm)-
Floor 7A-7011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 7A-703877 sqft (81.49 sqm)-
Floor 8A-8011,152 sqft (107.04 sqm)₹1.23 Cr
Floor 8A-804915 sqft (85 sqm)-
Floor 8A-805915 sqft (85 sqm)-
Floor 8A-806420 sqft (39.01 sqm)-
Floor 8A-807437 sqft (40.62 sqm)-
Floor 9A-9011,152 sqft (107.04 sqm)-
Floor 9B-9051,152 sqft (107.04 sqm)-

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 12 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 297 homes carry one, and 35 of the 332 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
A-806420 sqftRs 60.75 lakh typical, over Rs 43.55 lakh to Rs 72.35 lakh24 filed on this stack, floors 1–25

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In SOLSTICE PHASE- I, every one of the 35 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 34 homes — ₹2,999 →

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+30 and 332 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SETARIA AND SAVERIA1G+30332-

Unit mix on the filing: 332 residential.

Legal and disputes

What disputes are disclosed?

6 complaints are on the MahaRERA record for SOLSTICE PHASE- I, with orders passed in 3 of them.

6complaints

3with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000042938222/02/2024pooja tripathi vs M/S. NEELAM FINANCE (BOMBAY) PVT. LTDorder passed
CC00600000050063230/05/2024Neelam Finance (Bombay) Private Limited vs Reena Amit Patel and Amit Hasmukhbhai Patelpending / no order on file
CC1240007911/09/2024Dilip Keshavlal Shah vs NEELAM FINANCE (BOMBAY ) PVT LTDorder passed
CC1250212628/06/2025NEELAM FINANCE (BOMBAY ) PVT LTD vs MR AKSHAY LAXMAN KANDARKARpending / no order on file
CC1250311004/09/2025Ritesh Vinaychandra Shah vs NEELAM FINANCE (BOMBAY ) PVT LTDorder passed
CC1260076910/02/2026Biharilal Harishchandra Kumbhare vs NEELAM FINANCE (BOMBAY ) PVT LTDpending / no order on file

Legal & Litigation

The promoter has declared 4 court cases on this project to MahaRERA. 4 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High CourtSUIT/670/19871987Pending
Vikhroli CourtPS/254/152015Pending
Chief Metropolitan Magistrate Court224/172017Pending
Vikhroli Court1567/20152015Pending

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 4 times, as recorded on the register.

FromExtended toStated reason
as registered30 Dec 2023Due to Covid Pandemic situation project stuck and increase of estimation cost of project.
30 Dec 202331 Dec 2024DUE TO COVID 19 WE ARE NOT ABLE TO COMPLETE OUR PROJECT DUE SHORTAGE OF MATERIAL PLEASE GRANT US EXTENSION TILL 31/12/2024
31 Dec 202430 Jun 20251. A part of the proposed extension of the DP Eastern Freeway (from Ghatkopar to Vikhrolij passes through the said property. 2. On or about 04.12.2023, Prerna CHS & Adarsh CHS fil
30 Jun 202531 Dec 2026THE REASONS FOR DELAY 1 Plot bearing CTS No 195 (Part) corresponding to S No 249 (Part) of Village Ghatkopar, Taluka Kurla admeasuring 196,905 sq mtrs popularly known as Ramabaı Am

Location, Land & Connectivity

Located at Kamraj Nagar , Eastern Express Highway, Mumbai City, Mumbai City, 400077. Per the filed land record, the plot is bounded to the north by NALANDA NAGAR SLUM, to the south by D P ROAD, to the east by AADARSH CHS and to the west by EASTERN EXPRESS HIGHWAY. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Bandra Kurla Complex (BKC)4 km
Chhatrapati Shivaji Int'l Airport4 km
Powai / Hiranandani business park4 km
Andheri MIDC / SEEPZ7 km
Lower Parel / Worli business district12 km
Nariman Point / Fort19 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.

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Major developers building in Ghatkopar East

Other RERA-registered projects in Mumbai Suburban

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SOS Developers
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Southfield Gravity
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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: 20 Sep 2026