MahaRERA Property Intelligence · Thane

VAISHNAVI HEIGHTS

P51700051267 · THANGEWADI · promoter Vaishnavi

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700051267
Registered on08 Jun 2023
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, 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 ~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.

Sales & Inventory

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:

FloorUnitCarpetReckoner value
Floor 1102371 sqft (34.48 sqm)₹34.97 Lakh
Floor 1103399 sqft (37.08 sqm)₹37.61 Lakh
Floor 1104612 sqft (56.88 sqm)₹57.68 Lakh
Floor 2201783 sqft (72.77 sqm)₹73.80 Lakh
Floor 2202371 sqft (34.48 sqm)₹34.97 Lakh
Floor 2203399 sqft (37.08 sqm)₹37.61 Lakh
Floor 2204612 sqft (56.88 sqm)₹57.68 Lakh
Floor 3301783 sqft (72.77 sqm)₹73.80 Lakh
Floor 3304612 sqft (56.88 sqm)₹57.68 Lakh
Floor 4404612 sqft (56.88 sqm)₹57.68 Lakh
Floor 5504612 sqft (56.88 sqm)₹57.68 Lakh
Floor 6604612 sqft (56.88 sqm)₹57.68 Lakh
Floor 7701543 sqft (50.46 sqm)₹57.08 Lakh
Floor 7703618 sqft (57.43 sqm)₹55.00 Lakh
Floor 7704489 sqft (45.45 sqm)₹46.09 Lakh
Ground/Floor 01243 sqft (22.58 sqm)₹49.33 Lakh
Ground/Floor 02207 sqft (19.24 sqm)₹42.02 Lakh
Ground/Floor 04178 sqft (16.54 sqm)₹36.13 Lakh
Ground/Floor 05259 sqft (24.07 sqm)₹52.58 Lakh
Ground/Floor 06282 sqft (26.21 sqm)₹57.25 Lakh
Ground/Floor 07313 sqft (29.09 sqm)₹63.54 Lakh
Ground/Floor 09240 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.

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 59 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VAISHNAVI HEGHITS A WING1G+638-
VAISHNAVI HEIGHTS B WING1G+621-

Unit mix on the filing: 49 residential and 10 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.

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.

From (declared)To (revised)Stated reason
30 Jul 202430 Jun 20251) 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 202431 Dec 20261) 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.

Location, Land & Connectivity

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.

Location & connectivity

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.

LandmarkStraight-line
Powai / Hiranandani business park29 km
Andheri MIDC / SEEPZ32 km
Chhatrapati Shivaji Int'l Airport34 km
Bandra Kurla Complex (BKC)35 km
Lower Parel / Worli business district43 km
Nariman Point / Fort49 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

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 →

Other RERA-registered projects in Kalyan

Tharwani Solitaire Phase IV
possession by Jul 2026 · Anil Hardasmal Tharwani
Kailash Gardens
possession by Jul 2026 · Shree Laxmi Enterprises
Mangeshi Ambar
possession by Jul 2026 · Mangesh Dashrath Gaikar
Mangeshi Tulip
possession by Jul 2026 · Mangesh Dashrath Gaikar
Anand 21 Uptown
possession by Aug 2026 · VPA Developers
Pawan Atharva Phase I
possession by Aug 2026 · Pawan Real Estate

Major developers building in Kalyan

Other RERA-registered projects in Thane

Vaishnavi Highlife
declared completion Mar 2023 · MAA Jivdani Construction Company
Vaishnavi Pride
possession by Apr 2027 · Ashtavinayak Enterprises
Vaishnavi Pride
possession by Dec 2026 · Vaishnavi Developers
Vaishnavi Villa
declared completion Aug 2023 · Srushti Enterprises AND Rohini Enterpris
Vakratund
declared completion Jul 2018 · Shree Siddhi Vinayak Developers
Vakratunda Anantaraa Business Park
possession by Oct 2030 · Ispl Machine Builders Limited

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