SPM Midtown

Delivery & Registration

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.

• Filing progress reports — 6 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Spm Innovation Llp is the promoter of record on 5 projects, of which none currently 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 ~40.6% of the estimated project cost incurred as of the last certificate (₹5.09 Cr spent against a ₹12.53 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 31 homes filed with MahaRERA, 3 are sold/booked (1 with registered agreements + 2 booked) and 28 remain available (~10% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.05 Cr in agreement value so far. Of that, ₹48.56 Lakh (~46%) is already collected, ₹56.09 Lakh receivable — a read on how far along these sales really are. Note: the project registers 47 homes in total, but this sold/unsold inventory filing covers only 31 of them — the other 16 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.

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:

⚠ The inventory filing also declares: 16 not for sale. 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+7 and 47 homes are registered across the project.

Unit mix on the filing: 41 residential and 6 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 Shirgaon, Badlapur, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by 9 mtrs Road, to the south by 9 mtrs Road, to the east by Survey no 45 of kulgaon Village and to the west by Survey no 53 of Shirgaon Village. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Other RERA-registered projects in Badlapur

Major developers building in Badlapur

Other RERA-registered projects in Thane

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.