Pepl Developers Pvt Ltd
MahaRERA Property Intelligence · Thane
P51700024580 · Thane · promoter Pepl Developers Pvt
| MahaRERA registration | P51700024580 |
| Registered on | 24 Feb 2020 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 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, Pepl Developers Pvt is the promoter of record on 7 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.
Of 635 homes filed with MahaRERA, 573 are sold/booked (550 with registered agreements + 23 booked) and 62 remain available (~90% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹386.34 Cr in agreement value so far. Of that, ₹328.73 Cr (~85%) is already collected, ₹57.61 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 573 registered agreements, the effective carpet rate is ₹15,429/sqft (typical range ₹13,646–₹18,961) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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+45 and 635 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Vind | 1 | G+45 | 635 | - |
Unit mix on the filing: 635 residential.
7 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000292461 | 29/08/2022 | Nitish Bhardwaj vs Primal Estate Private Limited | order passed |
| CC006000000429573 | 09/03/2024 | Mrityunjay Kumar Kushwaha vs Piramal Estates Private Limited | order passed |
| CC12502602 | 28/07/2025 | SANDESH SANGLE vs Piramal Estate Private Limited | pending / no order on file |
| CC12504682 | 30/12/2025 | Jagannath Deodatta Nadkarni vs PEPL Developers Pvt Ltd | pending / no order on file |
| CC12600670 | 05/02/2026 | PEPL Developers Pvt Ltd vs Hitendra Vijay Desai Chheda | order passed |
| CC12600676 | 05/02/2026 | PEPL Developers Pvt Ltd vs Kalika Sandeep Vichare | order passed |
| CC12601464 | 16/03/2026 | PEPL Developers Pvt Ltd vs Kishor Mahadeo Rewdekar | pending / no order on file |
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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Mumbai | 83 | 2015 | Ongoing |
| Before The Minister For Revenue And Forest | RTS 2717 27 PRA KA 1 J 4 | 2016 | Ongoing |
| Before Sdo At Thane | 55 | 2023 | Closed |
| Before Tahasildar | 70 | 2023 | Ongoing |
The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Jun 2026 | 30 Jun 2027 | 1. The delay was occasioned due to the unavoidable and mandatory revision of the sanctioned plans arising from site specific constraints and compulsory compliance with statutory ca |
Located at Thane , Balkum road , Mumbai City, Mumbai City, 400608. Per the filed land record, the plot is bounded to the north by N58772E309426 N66127E312188, to the south by N75350E260288 N66943E257131, to the east by N87870E298690 N92229E287081 and to the west by N42755E281750 N47114E270141. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 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 Vaikunth Cluster 3 Tower 2?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
Pepl Developers Pvt Ltd is the promoter on 6 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).
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