MahaRERA Property Intelligence · Thane

vedantnakshatra L phase 3

P51700008415 · Badlapur · promoter Mohan Hardasmal Tharwani

Certificate SignedDue 31 Aug 2027

Delivery & Registration

MahaRERA registrationP51700008415
Registered on18 Aug 2017
Promoter-declared completion31 Aug 2027
Current statusCertificate Signed
Against today13 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, Mohan Hardasmal Tharwani is the promoter of record on 30 projects, of which none currently 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 ~14.0% of the estimated project cost incurred as of the last certificate (₹2.88 Cr spent against a ₹20.50 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 66 homes filed with MahaRERA, 30 are sold/booked (28 with registered agreements + 2 booked) and 36 remain available (~45% sold) — selling steadily. Buyers have committed ₹12.40 Cr in agreement value so far. Of that, ₹4.54 Cr (~37%) is already collected, ₹7.86 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 30 registered agreements, the effective carpet rate is ₹7,525/sqft (typical range ₹6,816–₹7,787) — 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:

FloorUnitCarpetReckoner value
Floor 1101522 sqft (48.53 sqm)₹39.56 Lakh
Floor 1102523 sqft (48.55 sqm)₹39.57 Lakh
Floor 101002520 sqft (48.34 sqm)₹40.13 Lakh
Floor 101003584 sqft (54.22 sqm)₹45.55 Lakh
Floor 121201521 sqft (48.38 sqm)₹40.38 Lakh
Floor 121203584 sqft (54.22 sqm)₹45.28 Lakh
Floor 121204584 sqft (54.22 sqm)₹45.28 Lakh
Floor 131301522 sqft (48.53 sqm)₹40.48 Lakh
Floor 131302523 sqft (48.55 sqm)₹40.49 Lakh
Floor 141401521 sqft (48.38 sqm)₹40.38 Lakh
Floor 141402520 sqft (48.34 sqm)₹40.35 Lakh
Floor 141403584 sqft (54.22 sqm)₹45.28 Lakh
Floor 141404584 sqft (54.22 sqm)₹45.28 Lakh
Floor 151501522 sqft (48.53 sqm)₹40.48 Lakh
Floor 151502523 sqft (48.55 sqm)₹40.49 Lakh
Floor 161601521 sqft (48.38 sqm)₹41.23 Lakh
Floor 161602520 sqft (48.34 sqm)₹41.20 Lakh
Floor 161603584 sqft (54.22 sqm)₹45.73 Lakh
Floor 161604584 sqft (54.22 sqm)₹45.73 Lakh
Floor 171701522 sqft (48.53 sqm)₹41.35 Lakh
Floor 171702523 sqft (48.55 sqm)₹41.36 Lakh
Floor 171703585 sqft (54.35 sqm)₹45.83 Lakh
Floor 2201521 sqft (48.38 sqm)₹39.48 Lakh
Floor 2202520 sqft (48.34 sqm)₹39.46 Lakh
Floor 2203584 sqft (54.22 sqm)₹45.44 Lakh
Floor 2204584 sqft (54.22 sqm)₹45.44 Lakh
Floor 4401521 sqft (48.38 sqm)₹39.48 Lakh
Floor 4402520 sqft (48.34 sqm)₹39.46 Lakh
Floor 4403584 sqft (54.22 sqm)₹45.44 Lakh
Floor 5502523 sqft (48.55 sqm)₹39.57 Lakh
Floor 6601521 sqft (48.38 sqm)₹40.15 Lakh
Floor 6602520 sqft (48.34 sqm)₹40.13 Lakh
Floor 6603584 sqft (54.22 sqm)₹45.55 Lakh
Floor 7702523 sqft (48.55 sqm)₹40.25 Lakh
Floor 8802520 sqft (48.34 sqm)₹40.13 Lakh
Floor 8803584 sqft (54.22 sqm)₹45.55 Lakh

⚠ The inventory filing also declares: 2 reserved. 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+17 and 68 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING L1G+1768-

Unit mix on the filing: 68 residential.

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
31 Dec 202631 Dec 2026I have registered the project in 2017 but no construction have been started till date and there is no bookings in the project
30 Nov 202331 Aug 2027Now the construction have been started and it will take 2 to 3 years approximately to complete the same and there is no booking in the project

Location, Land & Connectivity

Located at Badlapur, Badlapur, Ulhasnagar, Thane, 421503. Per the filed land record, the plot is bounded to the north by S NO 53 55, to the south by S NO 53 P AND ROAD, to the east by S NO 63 and to the west by S NO 53 54. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~37 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park37 km
Andheri MIDC / SEEPZ40 km
Chhatrapati Shivaji Int'l Airport41 km
Bandra Kurla Complex (BKC)42 km
Lower Parel / Worli business district48 km
Nariman Point / Fort52 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

Mohan Hardasmal Tharwani is the promoter on 19 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 Mohan Hardasmal Tharwani project & its RERA track record →

Other flagged projects by Mohan Hardasmal Tharwani

Mohan Hardasmal Tharwani
FlaggedThane
Mohan Hardasmal Tharwani
FlaggedThane
Mohan Hardasmal Tharwani
FlaggedThane
Mohan Hardasmal Tharwani
FlaggedThane
Mohan Hardasmal Tharwani
FlaggedThane
Mohan Hardasmal Tharwani
FlaggedThane

Other RERA-registered projects in Badlapur

Ekdant Pooja Chsl
possession by Jul 2026 · Landmark Infra
OM Shiv Darshan
possession by Jul 2026 · Vinayak Enterprises Developers
RAJ Silverstone Phase-2
possession by Jul 2026 · Skyspace Builtek
Sairaj Avenue Wing B
possession by Jul 2026 · Virendra Atmaram Salunkhe
Satyam Sheela Wing F
possession by Jul 2026 · Shreeji Developers
Shreeji Greens
possession by Jul 2026 · Deep Laxmi Associates

Major developers building in Badlapur

Other RERA-registered projects in Thane

Vedvika
possession by Dec 2031 · M/s The Impressions
Veer Devika
possession by Mar 2029 · Yash Infra
Veer Enclave
possession by Jun 2028 · Veer Life Spaces LLP
Veer Galaxy
possession by Jul 2026 · Yash Infra
Veer Heights
possession by Apr 2028 · Veer Life Spaces LLP
Veer Hills
possession by Dec 2030 · Yash Infra

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