MahaRERA Property Intelligence · Thane

VARAD ASHISH

P51700028840 · Rambang lane · promoter Varad Realtors

Certificate SignedDue 31 May 2026

Delivery & Registration

MahaRERA registrationP51700028840
Registered on05 Apr 2021
Promoter-declared completion31 May 2026
Current statusCertificate Signed
Against todayabout 2 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.

Builder Track Record

Across MahaRERA, Varad Realtors is the promoter of record on 85 projects, of which 10 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 ~47.5% of the estimated project cost incurred as of the last certificate (₹2.47 Cr spent against a ₹5.21 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. The declared completion date has already passed while the cost-incurred filing sits at ~47.5% — a wide gap between the promise and the money actually spent on site.

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 12 homes filed with MahaRERA, 3 are sold/booked and 9 remain available (~25% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹85.72 Lakh in agreement value so far. Of that, ₹65.72 Lakh (~77%) is already collected, ₹20.00 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.

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
BasementHall1,426 sqft (132.5 sqm)₹89.70 Lakh
Floor 1Office2,422 sqft (225 sqm)₹1.78 Cr
Floor 2Flat no.1550 sqft (51.12 sqm)₹34.61 Lakh
Floor 2Flat no.2550 sqft (51.12 sqm)₹34.61 Lakh
Floor 2Flat no.3857 sqft (79.66 sqm)₹53.93 Lakh
Ground/Floor 0Shop no.1153 sqft (14.25 sqm)₹13.18 Lakh
Ground/Floor 0Shop no.2218 sqft (20.25 sqm)₹18.73 Lakh
Ground/Floor 0Shop no.3211 sqft (19.58 sqm)₹18.11 Lakh
Ground/Floor 0Shop no.4221 sqft (20.5 sqm)₹18.96 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+9 and 12 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING A/ PHASE 11G+912-

Unit mix on the filing: 3 residential and 9 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250092917/03/2025ajay yadav vs VARAD REALTORSpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 202531 May 2026Earlier our project was sanctioned for Basement plus ground plus 2 floors. Now, We got permission for 4 additional floors, total will be Basement plus ground plus 6 floors.

Location, Land & Connectivity

Located at Rambang lane, Rambang lane, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by Property Of R B PATHAK, to the south by Rambang Main Road, to the east by Rambang Lane No 2 and to the west by Shree Sundar Narayan Ganesh. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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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

Varad Castle
possession by Dec 2026 · Varad Enterprises
Varad Heights
declared completion Dec 2022 · Sharad Raghunath Mhatre
Varad Vinayak Complex
declared completion Dec 2018 · Shree Balaji Bulders AND Developers
Varad Vinayak Complex Building C
possession by Dec 2027 · Shree Balaji Builders & Developers
Vardhaman Bhoomi Residency
declared completion Dec 2024 · Gandhi & Samani Associates
Vardhaman Enclave
possession by Dec 2026 · Vardhaman Builders

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