Vaishnavi Heights

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Vaishnavi is the promoter of record on 75 projects, of which 16 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 ~76.2% of the estimated project cost incurred as of the last certificate (₹3.24 Cr spent against a ₹4.25 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 27 homes filed with MahaRERA, 7 are sold/booked and 20 remain available (~26% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.71 Cr in agreement value so far. Of that, ₹1.68 Cr (~98%) is already collected, ₹3.14 Lakh 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 7 registered agreements, the effective carpet rate is ₹6,923/sqft (typical range ₹6,050–₹9,823) — 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:

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+6 and 27 homes are registered across the project.

Unit mix on the filing: 27 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

Location, Land & Connectivity

Located at BADLAPUR, BELAVLI, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by ADJ S No 59 H No 3, to the south by ADJ 6 00 m wide road, to the east by ADJ Plot No 3 and to the west by ADJ S No 59. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Builder track record

Vaishnavi Builders & Developers 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).

See every Vaishnavi Builders & Developers project & its RERA track record →

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.