Baldevsingh Thakur SRA Coop HSG SOC LTD
MahaRERA Property Intelligence · Mumbai Suburban
P51900002750 · Kamraj Nagar · promoter Neelam Finance (Bombay
| MahaRERA registration | P51900002750 |
| Registered on | 04 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
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.
Across MahaRERA, Neelam Finance (Bombay is the promoter of record on 11 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.
MahaRERA's cost filing puts construction at ~87.3% of the estimated project cost incurred as of the last certificate (₹158.63 Cr spent against a ₹181.67 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.
Of 332 homes filed with MahaRERA, 297 are sold/booked (275 with registered agreements + 22 booked) and 35 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹297.97 Cr in agreement value so far. Of that, ₹272.61 Cr (~91%) is already collected, ₹26.51 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 295 registered agreements, the effective carpet rate is ₹14,465/sqft (typical range ₹9,782–₹17,630) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | A-105 | 915 sqft (85 sqm) | ₹97.35 Lakh |
| Floor 12 | B-1206 | 480 sqft (44.63 sqm) | - |
| Floor 12 | B-1207 | 420 sqft (39.01 sqm) | - |
| Floor 18 | A-1801 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 18 | A-1804 | 915 sqft (85 sqm) | - |
| Floor 18 | B-1803 | 877 sqft (81.49 sqm) | - |
| Floor 18 | B-1804 | 876 sqft (81.35 sqm) | - |
| Floor 19 | A-1901 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 2 | A-201 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 2 | A-205 | 915 sqft (85 sqm) | ₹97.35 Lakh |
| Floor 21 | B-2102 | 915 sqft (85 sqm) | - |
| Floor 21 | B-2103 | 877 sqft (81.49 sqm) | - |
| Floor 21 | B-2104 | 876 sqft (81.35 sqm) | - |
| Floor 22 | A-2201 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 25 | A-2501 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 3 | A-301 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 4 | A-401 | 1,152 sqft (107.04 sqm) | - |
| Floor 4 | A-402 | 876 sqft (81.34 sqm) | - |
| Floor 4 | A-403 | 877 sqft (81.49 sqm) | - |
| Floor 4 | A-404 | 915 sqft (85 sqm) | - |
| Floor 4 | A-405 | 915 sqft (85 sqm) | - |
| Floor 5 | A-502 | 876 sqft (81.34 sqm) | - |
| Floor 5 | A-503 | 877 sqft (81.49 sqm) | - |
| Floor 6 | A-601 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 6 | A-605 | 915 sqft (85 sqm) | ₹97.35 Lakh |
| Floor 6 | B-602 | 915 sqft (85 sqm) | - |
| Floor 7 | A-701 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 7 | A-703 | 877 sqft (81.49 sqm) | - |
| Floor 8 | A-801 | 1,152 sqft (107.04 sqm) | ₹1.23 Cr |
| Floor 8 | A-804 | 915 sqft (85 sqm) | - |
| Floor 8 | A-805 | 915 sqft (85 sqm) | - |
| Floor 8 | A-806 | 420 sqft (39.01 sqm) | - |
| Floor 8 | A-807 | 437 sqft (40.62 sqm) | - |
| Floor 9 | A-901 | 1,152 sqft (107.04 sqm) | - |
| Floor 9 | B-905 | 1,152 sqft (107.04 sqm) | - |
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.
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.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SETARIA AND SAVERIA | 1 | G+30 | 332 | - |
Unit mix on the filing: 332 residential.
6 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000429382 | 22/02/2024 | pooja tripathi vs M/S. NEELAM FINANCE (BOMBAY) PVT. LTD | order passed |
| CC006000000500632 | 30/05/2024 | Neelam Finance (Bombay) Private Limited vs Reena Amit Patel and Amit Hasmukhbhai Patel | pending / no order on file |
| CC12400079 | 11/09/2024 | Dilip Keshavlal Shah vs NEELAM FINANCE (BOMBAY ) PVT LTD | order passed |
| CC12502126 | 28/06/2025 | NEELAM FINANCE (BOMBAY ) PVT LTD vs MR AKSHAY LAXMAN KANDARKAR | pending / no order on file |
| CC12503110 | 04/09/2025 | Ritesh Vinaychandra Shah vs NEELAM FINANCE (BOMBAY ) PVT LTD | order passed |
| CC12600769 | 10/02/2026 | Biharilal Harishchandra Kumbhare vs NEELAM FINANCE (BOMBAY ) PVT LTD | pending / no order on file |
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 flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court | SUIT/670/1987 | 1987 | Pending |
| Vikhroli Court | PS/254/15 | 2015 | Pending |
| Chief Metropolitan Magistrate Court | 224/17 | 2017 | Pending |
| Vikhroli Court | 1567/2015 | 2015 | Pending |
The promoter has had the MahaRERA completion deadline formally extended 4 times. 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 |
|---|---|---|
| 31 Dec 2024 | 30 Dec 2023 | Due to Covid Pandemic situation project stuck and increase of estimation cost of project. |
| 31 Dec 2024 | 31 Dec 2024 | DUE TO COVID 19 WE ARE NOT ABLE TO COMPLETE OUR PROJECT DUE SHORTAGE OF MATERIAL PLEASE GRANT US EXTENSION TILL 31/12/2024 |
| 30 Dec 2022 | 30 Jun 2025 | 1. 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 Dec 2022 | 31 Dec 2026 | THE 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 |
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. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 4 km |
| Chhatrapati Shivaji Int'l Airport | 4 km |
| Powai / Hiranandani business park | 4 km |
| Andheri MIDC / SEEPZ | 7 km |
| Lower Parel / Worli business district | 12 km |
| Nariman Point / Fort | 19 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.
🔒 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.
🔒 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.
Should you buy in SOLSTICE PHASE- I?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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