MahaRERA Property Intelligence · Thane

TULSI VATIKA

P51700056104 · VADAVALI · promoter Shri Kalki Enterprises

Certificate SignedDue 31 Mar 2030

Delivery & Registration

MahaRERA registrationP51700056104
Registered on10 May 2024
Promoter-declared completion31 Mar 2030
Current statusCertificate Signed
Against today44 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, Shri Kalki Enterprises 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 ~19.3% of the estimated project cost incurred as of the last certificate (₹15.03 Cr spent against a ₹78.00 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 361 homes filed with MahaRERA, 87 are sold/booked (49 with registered agreements + 38 booked) and 274 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹23.98 Cr in agreement value so far. Of that, ₹8.52 Cr (~36%) is already collected, ₹15.46 Cr receivable — a read on how far along these sales really are. Note: the project registers 446 homes in total, but this sold/unsold inventory filing covers only 361 of them — the other 85 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 87 registered agreements, the effective carpet rate is ₹8,417/sqft (typical range ₹6,859–₹8,977) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 22 reserved and 63 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+15 and 446 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING-11G+15404-
BUILDING-21G+742-

Unit mix on the filing: 422 residential and 24 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 VADAVALI, VADAVALI, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by ADJOINING SURVEY NO 4, to the south by 18 METER D P ROAD, to the east by ADJOINING SURVEY NO 2 AND 3 and to the west by ADJOINING SURVEY NO 5 AND 6. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~31 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park31 km
Andheri MIDC / SEEPZ34 km
Chhatrapati Shivaji Int'l Airport36 km
Bandra Kurla Complex (BKC)37 km
Lower Parel / Worli business district44 km
Nariman Point / Fort49 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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Builder track record

Shri Kalki Enterprises is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Shri Kalki Enterprises

Shri Kalki Enterprises
FlaggedThane

Other RERA-registered projects in Kalyan

Tharwani Solitaire Phase IV
possession by Jul 2026 · Anil Hardasmal Tharwani
Kailash Gardens
possession by Jul 2026 · Shree Laxmi Enterprises
Mangeshi Ambar
possession by Jul 2026 · Mangesh Dashrath Gaikar
Mangeshi Tulip
possession by Jul 2026 · Mangesh Dashrath Gaikar
Anand 21 Uptown
possession by Aug 2026 · VPA Developers
Pawan Atharva Phase I
possession by Aug 2026 · Pawan Real Estate

Major developers building in Kalyan

Other RERA-registered projects in Thane

Tulsi Viraj
possession by Dec 2029 · Tulsi Builders And Developers
Tulsi Vrindavan Society
declared completion Nov 2023 · Gaurang Associates
Tulsi Vrundavan
possession by Sep 2026 · Tulsi Builders And Developers
Tulsidham
declared completion Dec 2025 · Tulsidal Builders AND Developers
Tutari
declared completion Dec 2020 · SAI Shelter Corporation
Twin Towers
possession by Dec 2027 · Marjaan Developers LLP

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