MahaRERA Property Intelligence · Mumbai Suburban

VKLAL HARI PHASE I

P51800010657 · . · promoter Veekaylal Investment Company

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51800010657
Registered on31 Aug 2017
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, Veekaylal Investment Company is the promoter of record on 43 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.

Construction Progress

MahaRERA's cost filing puts construction at ~117.5% of the estimated project cost incurred as of the last certificate (₹33.90 Cr spent against a ₹28.84 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 97 homes filed with MahaRERA, 88 are sold/booked and 9 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹55.37 Cr in agreement value so far. Of that, ₹44.19 Cr (~80%) is already collected, ₹11.18 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 88 registered agreements, the effective carpet rate is ₹1,554/sqft (typical range ₹1,402–₹1,705) — 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 1212054,447 sqft (413.12 sqm)₹54.27 Lakh
Floor 1313054,447 sqft (413.12 sqm)₹54.27 Lakh
Floor 1616054,447 sqft (413.12 sqm)₹54.27 Lakh
Floor 1717054,447 sqft (413.12 sqm)₹54.27 Lakh
Floor 2020054,447 sqft (413.12 sqm)₹54.27 Lakh
Floor 2121043,805 sqft (353.49 sqm)₹46.44 Lakh
Floor 2121054,447 sqft (413.12 sqm)₹54.27 Lakh
Floor 2222043,805 sqft (353.49 sqm)₹46.44 Lakh
Floor 2222054,447 sqft (413.12 sqm)₹54.27 Lakh

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+25 and 97 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VKLAL HARI PHASE I1G+2597-

Unit mix on the filing: 97 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.

Legal & Litigation

The promoter has declared 6 court cases on this project to MahaRERA. 6 are still pending. 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.

CourtCase no.YearStatus
High CourtWPL 3456 OF 2017 WP No 943 of 20182017Pending For Final Hearing
City Civil Court DindoshiS C SUIT NO 58 OF 20222022Pending For Hearing Of Notice Of Motion
City Civil Court DindoshiSuit No 58 of 20222022Pending For Hearing Of Notice Of Motion
High Court BombaySuit No 3183 of 19881988Pending For Evidence Of Parties
High Court BombaySuit No 3235 of 19911991Pending For Restoration Of The Suit
City Civil Court DindoshiSuit No 1666 of 20102010Pending For Framing Of Issues

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Dec 202531 Dec 2026The Promoters are seeking an extension of the project completion date which is presently fixed as 31st Dec 2025. It is submitted that the RCC structure of the entire building has b

Location, Land & Connectivity

Located at ., ., Mumbai City, Mumbai City, 400066. Per the filed land record, the plot is bounded to the north by 2334 D P ROAD, to the south by 2308, to the east by 2302 and to the west by 2309. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~12 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ12 km
Powai / Hiranandani business park14 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)19 km
Lower Parel / Worli business district27 km
Nariman Point / Fort35 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

Veekaylal Investment Company Private Limited 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).

Other flagged projects by Veekaylal Investment Company Private Limited

Veekaylal Investment Company Private Limited
FlaggedMumbai Suburban

Other RERA-registered projects in Borivali East

Rushabh Apartment
possession by Jul 2026 · R R Builders
Rashmi Manorath
possession by Aug 2026 · Modi's Navnirman Limited
Proposed Redevelopment OF Prakashkunj Chsl
possession by Sep 2026 · Yash Realtors & Developers
Chandratej CHS LTD
possession by Oct 2026 · Elesh Ravjibhai Rathod
Eknath Gruh
possession by Oct 2026 · Vastav Developers PVT LTD
NEW Avanti Chsl
possession by Oct 2026 · Balaji Enterprises

Major developers building in Borivali East

Other RERA-registered projects in Mumbai Suburban

Vklal Vishnu Phase I
possession by Dec 2026 · Veekaylal Investment Company Private Lim
Vogue77
possession by Dec 2027 · Sahakar Builders & Developers
Vora Aashish
declared completion Dec 2023 · Vora Estate Developers
Vora Apartment
declared completion Apr 2024 · DNK Developers LLP
Vraj Bhumi Heights
declared completion Dec 2025 · Landmark Heights Private Limited
Vraj Dham
declared completion Feb 2020 · Dinesh Amrutlal Thakkar

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