MahaRERA Property Intelligence · Mumbai Suburban

VAIBHAV SEASONS

PM1180002500075 · GHATKOPAR · promoter Vaibhav Construction

Certificate SignedDue 31 Mar 2030

Delivery & Registration

MahaRERA registrationPM1180002500075
Registered on16 Jun 2025
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, Vaibhav Construction is the promoter of record on 60 projects, of which 8 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 ~5.3% of the estimated project cost incurred as of the last certificate (₹2.13 Cr spent against a ₹40.00 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 49 homes filed with MahaRERA, 9 are sold/booked (3 with registered agreements + 6 booked) and 40 remain available (~18% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹21.78 Cr in agreement value so far. Of that, ₹6.82 Cr (~31%) is already collected, ₹14.96 Cr receivable — a read on how far along these sales really are. Note: the project registers 100 homes in total, but this sold/unsold inventory filing covers only 49 of them — the other 51 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 9 registered agreements, the effective carpet rate is ₹27,883/sqft (typical range ₹19,118–₹34,989) — 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:

FloorUnitCarpetReckoner value
Floor 1212041,009 sqft (93.71 sqm)₹1.88 Cr
Floor 121206672 sqft (62.44 sqm)₹1.27 Cr
Floor 121207672 sqft (62.44 sqm)₹1.27 Cr
Floor 1313011,247 sqft (115.87 sqm)₹2.31 Cr
Floor 1313021,241 sqft (115.31 sqm)₹2.30 Cr
Floor 131303696 sqft (64.63 sqm)₹1.31 Cr
Floor 1313041,047 sqft (97.27 sqm)₹1.95 Cr
Floor 131305903 sqft (83.92 sqm)₹1.69 Cr
Floor 131306672 sqft (62.44 sqm)₹1.27 Cr
Floor 131307672 sqft (62.44 sqm)₹1.27 Cr
Floor 1414011,247 sqft (115.84 sqm)₹2.31 Cr
Floor 1414021,241 sqft (115.31 sqm)₹2.30 Cr
Floor 1414041,047 sqft (97.27 sqm)₹1.95 Cr
Floor 141405903 sqft (83.92 sqm)₹1.69 Cr
Floor 141406672 sqft (62.44 sqm)₹1.27 Cr
Floor 141407672 sqft (62.44 sqm)₹1.27 Cr
Floor 151503696 sqft (64.63 sqm)₹1.31 Cr
Floor 1515041,047 sqft (97.27 sqm)₹1.95 Cr
Floor 151505903 sqft (83.92 sqm)₹1.69 Cr
Floor 151506672 sqft (62.44 sqm)₹1.27 Cr
Floor 151507672 sqft (62.44 sqm)₹1.27 Cr
Floor 1616011,247 sqft (115.87 sqm)₹2.31 Cr
Floor 1616021,241 sqft (115.31 sqm)₹2.30 Cr
Floor 161603696 sqft (64.63 sqm)₹1.31 Cr
Floor 1616041,047 sqft (97.27 sqm)₹1.95 Cr
Floor 161605903 sqft (83.92 sqm)₹1.69 Cr
Floor 161606672 sqft (62.44 sqm)₹1.27 Cr
Floor 161607672 sqft (62.44 sqm)₹1.27 Cr
Floor 4401905 sqft (84.06 sqm)₹1.54 Cr
Floor 4403568 sqft (52.79 sqm)₹1.54 Cr
Floor 4404903 sqft (83.91 sqm)₹1.54 Cr
Floor 4405842 sqft (78.24 sqm)₹1.44 Cr
Floor 4406577 sqft (53.63 sqm)₹1.01 Cr
Floor 4407577 sqft (53.63 sqm)₹1.01 Cr
Floor 5504903 sqft (83.91 sqm)₹1.62 Cr
Floor 7703505 sqft (46.91 sqm)₹92.78 Lakh
Floor 9906605 sqft (56.2 sqm)-
Ground/Floor 0Shop No.2448 sqft (41.66 sqm)₹1.10 Cr
Ground/Floor 0Shop No.51,179 sqft (109.5 sqm)₹2.76 Cr
Ground/Floor 0Shop No.61,063 sqft (98.73 sqm)₹2.50 Cr

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.

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+18 and 100 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VAIBHAV SEASONS1G+18100-

Unit mix on the filing: 94 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.

Legal & Litigation

The promoter has declared 4 court cases on this project to MahaRERA. 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.

CourtCase no.YearStatus
Bombay1722010Closed
High Court50022010Closed
High Court98502010Closed
High Court7682011Closed

Location, Land & Connectivity

Located at GHATKOPAR, DERASAR LANE, Kurla, Mumbai Suburban, 400077. Per the filed land record, the plot is bounded to the north by SIDDH DARSHAN, to the south by DERASAR LANE, to the east by VIDHYAVIHAR CHS and to the west by SKYLINE MAGNUS. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

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

LandmarkStraight-line
Powai / Hiranandani business park4 km
Bandra Kurla Complex (BKC)4 km
Chhatrapati Shivaji Int'l Airport5 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.

🔒 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

Vaibhav Construction is the promoter on 3 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 Vaibhav Construction

Vaibhav Construction
FlaggedMumbai Suburban

Other RERA-registered projects in Ghatkopar East

Baldevsingh Thakur SRA Coop HSG SOC LTD
possession by Jul 2026 · Krishna Narsingrao Pimple
Palatina
possession by Jul 2026 · Tanishq Builders
Vihar Heights
possession by Aug 2026 · Saptrishi Homes LLP
Poonam Celeste
possession by Aug 2026 · PL7 Realty Pvt. Ltd.
Hema Apartments CO-Operative Housing Society Limited
possession by Sep 2026 · Hema Appartments CO-Operative Housing So
Centrona ZEN-A
possession by Dec 2026 · Elevated Avenue Realty LLP

Major developers building in Ghatkopar East

Other RERA-registered projects in Mumbai Suburban

Vaibhavlaxmi Corporate Park
possession by Aug 2030 · V Laxmi Prime Developers LLP
Vaidya Cottage CHS Ltd
declared completion Oct 2021 · Shamik Enterprises Pvt Ltd.
Vaidya West World - Harmony
possession by Jul 2027 · Vaidya Spaces Private Limited
Vaidya West World -ONE Aeropolis
possession by Jun 2028 · Vaidya Spaces Private Limited
Vaidya West World - Serenity
possession by Aug 2027 · Vaidya Spaces Private Limited
Vaikunth Dham CHS Ltd
declared completion Dec 2022 · Shivshankar Singh & Others

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