MahaRERA Property Intelligence · Thane
P51700051267 · THANGEWADI · promoter Vaishnavi
| MahaRERA registration | P51700051267 |
| Registered on | 08 Jun 2023 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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, 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.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹9.03 Cr spent against a ₹9.03 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 59 homes filed with MahaRERA, 37 are sold/booked (29 with registered agreements + 8 booked) and 22 remain available (~63% sold) — selling steadily. Buyers have committed ₹10.80 Cr in agreement value so far. Of that, ₹8.72 Cr (~81%) is already collected, ₹2.03 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 37 registered agreements, the effective carpet rate is ₹7,927/sqft (typical range ₹0–₹10,926) — 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 | 102 | 371 sqft (34.48 sqm) | ₹34.97 Lakh |
| Floor 1 | 103 | 399 sqft (37.08 sqm) | ₹37.61 Lakh |
| Floor 1 | 104 | 612 sqft (56.88 sqm) | ₹57.68 Lakh |
| Floor 2 | 201 | 783 sqft (72.77 sqm) | ₹73.80 Lakh |
| Floor 2 | 202 | 371 sqft (34.48 sqm) | ₹34.97 Lakh |
| Floor 2 | 203 | 399 sqft (37.08 sqm) | ₹37.61 Lakh |
| Floor 2 | 204 | 612 sqft (56.88 sqm) | ₹57.68 Lakh |
| Floor 3 | 301 | 783 sqft (72.77 sqm) | ₹73.80 Lakh |
| Floor 3 | 304 | 612 sqft (56.88 sqm) | ₹57.68 Lakh |
| Floor 4 | 404 | 612 sqft (56.88 sqm) | ₹57.68 Lakh |
| Floor 5 | 504 | 612 sqft (56.88 sqm) | ₹57.68 Lakh |
| Floor 6 | 604 | 612 sqft (56.88 sqm) | ₹57.68 Lakh |
| Floor 7 | 701 | 543 sqft (50.46 sqm) | ₹57.08 Lakh |
| Floor 7 | 703 | 618 sqft (57.43 sqm) | ₹55.00 Lakh |
| Floor 7 | 704 | 489 sqft (45.45 sqm) | ₹46.09 Lakh |
| Ground/Floor 0 | 1 | 243 sqft (22.58 sqm) | ₹49.33 Lakh |
| Ground/Floor 0 | 2 | 207 sqft (19.24 sqm) | ₹42.02 Lakh |
| Ground/Floor 0 | 4 | 178 sqft (16.54 sqm) | ₹36.13 Lakh |
| Ground/Floor 0 | 5 | 259 sqft (24.07 sqm) | ₹52.58 Lakh |
| Ground/Floor 0 | 6 | 282 sqft (26.21 sqm) | ₹57.25 Lakh |
| Ground/Floor 0 | 7 | 313 sqft (29.09 sqm) | ₹63.54 Lakh |
| Ground/Floor 0 | 9 | 240 sqft (22.3 sqm) | ₹48.72 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+6 and 59 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| VAISHNAVI HEGHITS A WING | 1 | G+6 | 38 | - |
| VAISHNAVI HEIGHTS B WING | 1 | G+6 | 21 | - |
Unit mix on the filing: 49 residential and 10 non-residential (shops/offices).
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 2 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 2024 | 30 Jun 2025 | 1) Initially we have taken three plots for development later stage one more adjacent plot’s development was merged with this ongoing development. After execution of the redevelopme |
| 30 Jul 2024 | 31 Dec 2026 | 1) Due to an unforeseen personal emergency, the appointed contractor had to return to his native place, resulting in the unavailability of both the contractor and his labour team. |
Located at THANGEWADI, NEAR MARUTI MANDIR, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by 73 08 40 8, to the south by 0, to the east by 19 14 39 9 and to the west by 0. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~29 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 |
|---|---|
| Powai / Hiranandani business park | 29 km |
| Andheri MIDC / SEEPZ | 32 km |
| Chhatrapati Shivaji Int'l Airport | 34 km |
| Bandra Kurla Complex (BKC) | 35 km |
| Lower Parel / Worli business district | 43 km |
| Nariman Point / Fort | 49 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.
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Vaishnavi 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).
See every Vaishnavi Construction project & its RERA track record →
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