Vardhman Developers LTD
MahaRERA Property Intelligence · Mumbai City
P51900008829 · GHODAPDEO · promoter Vardhman Developers Ltd
| MahaRERA registration | P51900008829 |
| Registered on | 19 Aug 2017 |
| 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, Vardhman Developers Ltd is the promoter of record on 28 projects, of which 3 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.
Of 113 homes filed with MahaRERA, 73 are sold/booked and 40 remain available (~65% sold) — selling steadily. Buyers have committed ₹174.68 Cr in agreement value so far. Of that, ₹89.82 Cr (~51%) is already collected, ₹94.49 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 73 registered agreements, the effective carpet rate is ₹31,675/sqft (typical range ₹25,678–₹34,088) — 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 12 | 1201 | 735 sqft (68.31 sqm) | ₹1.15 Cr |
| Floor 15 | 1501 | 813 sqft (75.5 sqm) | ₹1.27 Cr |
| Floor 18 | 1801 | 809 sqft (75.14 sqm) | ₹1.15 Cr |
| Floor 19 | 1901 | 735 sqft (68.31 sqm) | ₹1.15 Cr |
| Floor 19 | 1902 | 741 sqft (68.88 sqm) | ₹1.16 Cr |
| Floor 19 | 1903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 22 | 2202 | 741 sqft (68.88 sqm) | ₹1.16 Cr |
| Floor 29 | 2902 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 29 | 2903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 34 | 3403 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 35 | 3503 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 36 | 3603 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 37 | 3703 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 39 | 3903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 41 | 4103 | 745 sqft (69.22 sqm) | ₹1.39 Cr |
| Floor 43 | 4302 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 45 | 4501 | 813 sqft (75.5 sqm) | ₹1.27 Cr |
| Floor 46 | 4603 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 47 | 4702 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 48 | 4801 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 48 | 4802 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 48 | 4803 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 49 | 4901 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 49 | 4902 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 49 | 4903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 50 | 5001 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 50 | 5002 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 50 | 5003 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 51 | 5102 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 51 | 5103 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 52 | 5201 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 52 | 5202 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 53 | 5301 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 53 | 5302 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 53 | 5303 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 54 | 5401 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 54 | 5402 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 54 | 5403 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 8 | 803 | 961 sqft (89.31 sqm) | ₹1.51 Cr |
| Floor 9 | 903 | 961 sqft (89.31 sqm) | ₹1.51 Cr |
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+56 and 113 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| AAA | 1 | G+56 | 113 | - |
Unit mix on the filing: 113 residential.
3 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000196105 | 22/02/2021 | Mrs. Mangal Namdev Shinde vs M/s Vardhman Developers Ltd. | order passed |
| CC006000000196106 | 22/02/2021 | NAMDEV DHONDIBA SHINDE vs M/S VARDHMAN DEVELOPERS LTD. | order passed |
| CC006000000196107 | 22/02/2021 | MRS. MANGAL NAMDEV SHINDE vs M/S VARDHMAN DEVELOPERS LTD. | order passed |
The promoter has declared 11 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Small Cause Court | 887 | 2016 | Issues |
| Small Cause Court | 888 | 2016 | Issues |
| Small Cause Court | 889 | 2016 | Issues |
| Small Cause Court | 890 | 2016 | Issues |
| Small Cause Court | 1411 | 2015 | Issues |
| Small Cause Court | 1412 | 2015 | Issues |
| Small Cause Court | 1413 | 2015 | Issues |
| Small Cause Court | 380 | 2013 | Hearing On Amendment Application |
| Bombay City Civil | 1971 | 2014 | Issues |
| Bombay City Civil | 4328 | 2013 | Issues |
| Bombay City Civil | 1089 | 2014 | Hearing On Specific Relief |
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 29 Dec 2024 | 29 Dec 2024 | The Project got delayed due to complete lock down in vicinity of the project because of COVID-19 and coupled with acute scarcity of workers. Most workers had left to their native p |
| 30 Dec 2023 | 31 Dec 2025 | That we have taken project loan from L&T finance (The NBFC) & that NBFC was having financial strain which had impacted disbursement of the loan on time as and when required for the |
| 30 Dec 2023 | 31 Dec 2026 | That we have taken project loan from L&T finance (The NBFC) & that NBFC was having financial strain which had impacted disbursement of the loan on time as and when required for the |
Located at GHODAPDEO, RAMBHAU BHOGALE MARG, Ward ABCD, Mumbai City, 400033. Per the filed land record, the plot is bounded to the north by C S NO 753 AND 752, to the south by CS NO 2 750 AND 750, to the east by CS NO 9 671 AND 2 671 and to the west by RAMBHAU BHOGALE MARG. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 2 km |
| Nariman Point / Fort | 7 km |
| Bandra Kurla Complex (BKC) | 10 km |
| Chhatrapati Shivaji Int'l Airport | 12 km |
| Powai / Hiranandani business park | 16 km |
| Andheri MIDC / SEEPZ | 16 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 VARDHMAN FLORA PHASE I?
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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Vardhman Developers LTD is the promoter on 5 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
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