MahaRERA Property Intelligence · Palghar

VBHC Springwater

P99000051828 · Abachapada · promoter Vbhc Mumbai Value

Certificate SignedDue 30 Apr 2027

Delivery & Registration

MahaRERA registrationP99000051828
Registered on07 Jul 2023
Promoter-declared completion30 Apr 2027
Current statusCertificate Signed
Against today9 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, Vbhc Mumbai Value is the promoter of record on 64 projects, of which 4 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 ~75.6% of the estimated project cost incurred as of the last certificate (₹85.30 Cr spent against a ₹112.81 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 206 homes filed with MahaRERA, 135 are sold/booked (108 with registered agreements + 27 booked) and 71 remain available (~66% sold) — selling steadily. Buyers have committed ₹30.28 Cr in agreement value so far. Of that, ₹16.65 Cr (~55%) is already collected, ₹14.05 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 135 registered agreements, the effective carpet rate is ₹6,025/sqft (typical range ₹5,730–₹7,488) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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 206 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Type C1G+9192-
Type E1G+014-

Unit mix on the filing: 192 residential and 14 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.

Location, Land & Connectivity

Located at Abachapada, Off Palghar - Manor Highway, Anekal, Bangalore, 401404. Per the filed land record, the plot is bounded to the north by Gut no 221, to the south by Gut no 9 and 10 and Nalla, to the east by Gut no 20 and 21 and to the west by Devkhop village road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~67 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ67 km
Powai / Hiranandani business park68 km
Chhatrapati Shivaji Int'l Airport71 km
Bandra Kurla Complex (BKC)74 km
Lower Parel / Worli business district81 km
Nariman Point / Fort89 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

Vbhc Mumbai Value Homes Private Limited is the promoter on 9 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 Vbhc Mumbai Value Homes Private Limited project & its RERA track record →

Other flagged projects by Vbhc Mumbai Value Homes Private Limited

Vbhc Mumbai Value Homes Private Limited
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Vbhc Mumbai Value Homes Private Limited
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Vbhc Mumbai Value Homes Private Limited
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Vbhc Mumbai Value Homes Private Limited
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Vbhc Mumbai Value Homes Private Limited
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Vbhc Mumbai Value Homes Private Limited
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Other RERA-registered projects in Palghar

Shree SAI Apartment
possession by Jul 2026 · Shree SAI Jivdani Developers
Madhav Vatika - VI
possession by Jul 2026 · R M N H Developers LLP
Prithvi Anand Kuber Complex
possession by Jul 2026 · Prithvi Anand Housing And Land Developer
Vardhaman Divine
possession by Jul 2026 · Vardhaman AND Shah Associates
Symphony Heights
possession by Aug 2026 · Kreate Space LLP
Shree Puram - 2, Building No. 1
possession by Aug 2026 · Vastu Realities

Major developers building in Palghar

Other RERA-registered projects in Palghar

VED Swastik - Anand Sagar
declared completion Oct 2024 · VED Swastik
Vedangi Developers
declared completion Jan 2020 · Vedangi Developers
Vedant Complex
declared completion Dec 2022 · Nikita Properties Limited
Vedant Complex
possession by Jul 2028 · Vedant Builder AND Developers
Vedwanti
possession by Dec 2027 · Vastu Nirman Homes
Veena Dynasty PH II
declared completion Dec 2019 · Nikunj Developers

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