MahaRERA Property Intelligence · Raigarh

VAISHNOVI HEIGHTS

P52000010966 · ULWE · promoter Vaishnovi Construction Company

Certificate SignedDue 05 Mar 2020

Delivery & Registration

MahaRERA registrationP52000010966
Registered on31 Aug 2017
Promoter-declared completion05 Mar 2020
Current statusCertificate Signed
Against todayabout 76 months past 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹40.40 Cr spent against a ₹40.40 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 68 homes filed with MahaRERA, 68 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹28.31 Cr in agreement value so far. Of that, ₹28.31 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 114 homes in total, but this sold/unsold inventory filing covers only 68 of them — the other 46 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 68 registered agreements, the effective carpet rate is ₹10,687/sqft (typical range ₹9,211–₹15,625) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 46 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+15 and 114 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A-WING1G+1557-
B-WING1G+1557-

Unit mix on the filing: 96 residential and 18 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 Jun 201930 Jun 2019Since we could not complete the project by the said completion date. We hereby request you to extend the completion date to 30/06/2019.
30 Jun 201805 Mar 2020The reason for seeking an extension of the project registration are as follows: 1. We have received the Occupancy Certificate (OC) for the project on 05/03/2020. We had tried to up

Location, Land & Connectivity

Located at ULWE, PLOT NO 63 SEC 5, Thane, Thane, 400707. Per the filed land record, the plot is bounded to the north by PLOT NO 64, to the south by PLOT NO 62, to the east by 24 MTRS WIDE ROAD and to the west by PLOT NO 51 52 AND 53. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~21 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort18 km
Lower Parel / Worli business district21 km
Bandra Kurla Complex (BKC)24 km
Chhatrapati Shivaji Int'l Airport26 km
Powai / Hiranandani business park28 km
Andheri MIDC / SEEPZ30 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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Villa Oceano
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Lakhani Grandeur
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Other RERA-registered projects in Raigarh

Vakratund
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Vakratunda Residency
declared completion Jul 2018 · S Cube Buildcon
Vakratunda Residency
declared completion Jun 2023 · Greenfield Developers
Valiance Pride
declared completion Jun 2026 · Ganesh Dharma Gosavi
Vaman Heritage
possession by Dec 2027 · Haresh Dharamshi Minat
Vanashri Vandan
possession by Jul 2027 · Ashiana Buildcon

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