MahaRERA Property Intelligence · Raigarh
P52000010966 · ULWE · promoter Vaishnovi Construction Company
| MahaRERA registration | P52000010966 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 05 Mar 2020 |
| Current status | Certificate Signed |
| Against today | about 76 months past 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.
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.
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.
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.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| A-WING | 1 | G+15 | 57 | - |
| B-WING | 1 | G+15 | 57 | - |
Unit mix on the filing: 96 residential and 18 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 Jun 2019 | 30 Jun 2019 | Since 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 2018 | 05 Mar 2020 | The 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 |
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.
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.
| Landmark | Straight-line |
|---|---|
| Nariman Point / Fort | 18 km |
| Lower Parel / Worli business district | 21 km |
| Bandra Kurla Complex (BKC) | 24 km |
| Chhatrapati Shivaji Int'l Airport | 26 km |
| Powai / Hiranandani business park | 28 km |
| Andheri MIDC / SEEPZ | 30 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.
Should you buy in VAISHNOVI HEIGHTS?
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
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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.
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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