Prajyot Devasthal
MahaRERA Property Intelligence · Raigarh
P52000015152 · CHENDHARE · promoter Uday Pandurang Sait
| MahaRERA registration | P52000015152 |
| Registered on | 02 Feb 2018 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 months past 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, Uday Pandurang Sait is the promoter of record on 71 projects, of which 12 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.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹4.38 Cr spent against a ₹4.38 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 34 homes filed with MahaRERA, 23 are sold/booked and 11 remain available (~68% sold) — selling steadily. Buyers have committed ₹7.62 Cr in agreement value so far. Of that, ₹7.62 Cr (~100%) is already collected, ₹0 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 ₹6,833/sqft (typical range ₹6,368–₹7,432) — 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 | A3 | 410 sqft (38.1 sqm) | ₹18.07 Lakh |
| Floor 1 | A6 | 265 sqft (24.6 sqm) | ₹11.67 Lakh |
| Floor 1 | A7 | 262 sqft (24.35 sqm) | ₹11.55 Lakh |
| Floor 1 | A8 | 410 sqft (38.1 sqm) | ₹18.07 Lakh |
| Floor 2 | A13 | 410 sqft (38.1 sqm) | ₹18.07 Lakh |
| Floor 2 | A14 | 262 sqft (24.35 sqm) | ₹11.55 Lakh |
| Floor 2 | A18 | 410 sqft (38.1 sqm) | ₹18.07 Lakh |
| Floor 3 | A23 | 265 sqft (24.6 sqm) | ₹11.67 Lakh |
| Floor 3 | A24 | 265 sqft (24.6 sqm) | ₹11.67 Lakh |
| Floor 3 | A25 | 693 sqft (64.42 sqm) | ₹30.55 Lakh |
| Floor 3 | B8 | 640 sqft (59.48 sqm) | ₹28.21 Lakh |
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+4 and 34 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| VAIBHAV 1 | 1 | G+4 | 25 | - |
| VAIBHAV 2 | 1 | G+4 | 9 | - |
Unit mix on the filing: 34 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 30 Jul 2022 | 30 Jul 2023 | In view of the repeated lockdowns and scarcity of labors it is felt that we may need a few more months for completion of this project . The entire supply chain has also been affect |
| 30 Jul 2022 | 30 Jan 2025 | Explanatory note regarding the state of development works in the projects and reason for being not completing development works of the projects within the period declared in the de |
| 30 Jul 2022 | 31 Dec 2025 | The construction of the building for the real estate project has been successfully completed in its entirety, achieving 100% completion in accordance with the approved architectura |
Located at CHENDHARE, SANT SAVTA MALI MARG, Alibag, Raigarh, 402201. Per the filed land record, the plot is bounded to the north by 3, to the south by ROAD, to the east by 2 and to the west by 4. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~38 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Nariman Point / Fort | 30 km |
| Lower Parel / Worli business district | 38 km |
| Bandra Kurla Complex (BKC) | 45 km |
| Chhatrapati Shivaji Int'l Airport | 48 km |
| Powai / Hiranandani business park | 51 km |
| Andheri MIDC / SEEPZ | 52 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 VAIBHAV CO-OPERATIVE HOUSING SOCIETY PROPOSED?
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