MahaRERA Property Intelligence · Thane

VITTHAI ANANT PLAZA

P51700033932 · BADLAPUR · promoter Sharad Namdeo Gaikwad

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700033932
Registered on14 Mar 2022
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Sharad Namdeo Gaikwad is the promoter of record on 76 projects, of which 6 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 ~74.5% of the estimated project cost incurred as of the last certificate (₹1.78 Cr spent against a ₹2.39 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 21 homes filed with MahaRERA, 6 are sold/booked and 15 remain available (~29% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.62 Cr in agreement value so far. Of that, ₹1.62 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 28 homes in total, but this sold/unsold inventory filing covers only 21 of them — the other 7 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 6 registered agreements, the effective carpet rate is ₹8,061/sqft (typical range ₹7,406–₹8,693) — 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 1102317 sqft (29.48 sqm)₹13.06 Lakh
Floor 1102335 sqft (31.15 sqm)₹13.80 Lakh
Floor 1103316 sqft (29.39 sqm)₹12.98 Lakh
Floor 2201326 sqft (30.31 sqm)₹13.43 Lakh
Floor 2202335 sqft (31.15 sqm)₹13.80 Lakh
Floor 3301384 sqft (35.67 sqm)₹15.80 Lakh
Floor 3301326 sqft (30.31 sqm)₹13.43 Lakh
Floor 3302317 sqft (29.48 sqm)₹13.06 Lakh
Floor 3302335 sqft (31.15 sqm)₹13.80 Lakh
Floor 4401326 sqft (30.31 sqm)₹13.43 Lakh
Floor 4402335 sqft (31.15 sqm)₹13.80 Lakh
Floor 5501326 sqft (30.31 sqm)₹13.43 Lakh
Floor 5502317 sqft (29.48 sqm)₹13.06 Lakh
Floor 6602317 sqft (29.48 sqm)₹13.06 Lakh
Floor 6603316 sqft (29.39 sqm)₹12.98 Lakh

⚠ The inventory filing also declares: 6 owner/investor-held and 1 not for sale. 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+7 and 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING A1G+71831 Dec 2026
WING B1G+31031 Dec 2026

Unit mix on the filing: 28 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.

Location, Land & Connectivity

Located at BADLAPUR, BADLAPUR 421503, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by ADJOINING CTS NO 634, to the south by EXISTING 4 POINT 5 MTR WIDE ROAD, to the east by ADJOININGCTS NO 641 and to the west by ADJOINING CTS NO 631. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~35 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 park35 km
Andheri MIDC / SEEPZ39 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)40 km
Lower Parel / Worli business district47 km
Nariman Point / Fort51 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

Sharad Namdeo Gaikwad is the promoter on 2 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:

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

Vitthal Heights
possession by Dec 2027 · Bhoir Developers
Vitthal Rukmini Building
declared completion Mar 2024 · Divine Builders
Vitthu Paradise Building NO. 3
possession by Mar 2027 · Aradhna Construction
Viva Complex
possession by Mar 2032 · Purab Estates Pvt. Ltd.
Vivaan Heights
declared completion Dec 2024 · M/S Shree Enterprises
Vivaan Heights
possession by Dec 2029 · Shree Enterprises

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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