Vishnu Vatika
MahaRERA Property Intelligence · Thane
P51700020130 · Badlapur Gaon · promoter Vatika
| MahaRERA registration | P51700020130 |
| Registered on | 29 Mar 2019 |
| 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, Vatika is the promoter of record on 72 projects, of which 16 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.
MahaRERA's cost filing puts construction at ~98.4% of the estimated project cost incurred as of the last certificate (₹13.19 Cr spent against a ₹13.41 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 95 homes filed with MahaRERA, 78 are sold/booked (74 with registered agreements + 4 booked) and 17 remain available (~82% sold) — selling steadily. Buyers have committed ₹18.24 Cr in agreement value so far. Of that, ₹17.55 Cr (~96%) is already collected, ₹68.65 Lakh receivable — a read on how far along these sales really are. Note: the project registers 109 homes in total, but this sold/unsold inventory filing covers only 95 of them — the other 14 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 78 registered agreements, the effective carpet rate is ₹7,036/sqft (typical range ₹6,015–₹7,611) — 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 1 | 103 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Floor 1 | 107 | 422 sqft (39.23 sqm) | ₹17.22 Lakh |
| Floor 11 | 1103 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Floor 11 | 1105 | 422 sqft (39.23 sqm) | ₹17.22 Lakh |
| Floor 12 | 1207 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Floor 2 | 202 | 314 sqft (29.18 sqm) | ₹12.81 Lakh |
| Floor 2 | 205 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Floor 4 | 402 | 314 sqft (29.18 sqm) | ₹12.81 Lakh |
| Floor 8 | 801 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Floor 8 | 806 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Ground/Floor 0 | 05-Shop | 130 sqft (12.08 sqm) | ₹7.02 Lakh |
| Ground/Floor 0 | 06-Shop | 93 sqft (8.64 sqm) | ₹5.02 Lakh |
| Ground/Floor 0 | 1 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Ground/Floor 0 | 2 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Ground/Floor 0 | 3 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Ground/Floor 0 | 4 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
| Ground/Floor 0 | 5 | 303 sqft (28.11 sqm) | ₹12.34 Lakh |
⚠ The inventory filing also declares: 14 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+13 and 109 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Vishnu Vatika Wing C Phase II | 1 | G+13 | 109 | 31 May 2022 |
Unit mix on the filing: 103 residential and 6 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 4 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 May 2023 | 30 May 2025 | As per the attachment |
| 30 May 2023 | 29 May 2024 | As per attachment |
| 30 May 2023 | 31 Mar 2026 | The main reason for the delay is slow pace of sales. Though the current number of sold units out of total units available for sale is better, the pace of sales was slow due to whic |
| 30 May 2023 | 31 Dec 2026 | The construction work of the project has been completed in all respects. This is duly evidenced by Table A of Form 1, i.e., the Architect’s Certificate. The primary reason for the |
Located at Badlapur Gaon, Badlapur Kanhor Road, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by Survey No 132 H No 1, to the south by Survey No 128 H No 5 and attached road, to the east by Survey No 131 H No 3B and to the west by Survey No 131 H No 5. 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.
🔒 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 Vishnu Vatika Wing C Phase II?
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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Vishnu Vatika is the promoter on 2 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).
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