MahaRERA Property Intelligence · Palghar

WOLLYWOOD PHASE II

P99000014632 · GATES BUDRUK · promoter Nirvana Lifestyle Ventures

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP99000014632
Registered on18 Dec 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, Nirvana Lifestyle Ventures is the promoter of record on 178 projects, of which 42 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 (₹5.96 Cr spent against a ₹7.89 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 25 homes filed with MahaRERA, 24 are sold/booked and 1 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹8.70 Cr in agreement value so far. Of that, ₹8.70 Cr (~100%) is already collected, ₹0 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 24 registered agreements, the effective carpet rate is ₹4,445/sqft (typical range ₹3,207–₹6,767) — 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
Ground/Floor 0PLOT NO 021,584 sqft (147.14 sqm)₹58.86 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+1 and 25 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VILLA 11G+1130 Dec 2022
VILLA 21G+1130 Dec 2022
VILLA 241G+1130 Dec 2022
VILLA 251G+1130 Dec 2022
VILLA 261G+1130 Dec 2022
VILLA 281G+1130 Dec 2022
VILLA 311G+1130 Dec 2022
VILLA 32 A1G+1130 Dec 2022
VILLA 32B1G+1130 Dec 2022
VILLA 331G+1130 Dec 2022
VILLA 34A1G+1130 Dec 2022
VILLA 34B1G+1130 Dec 2022
VILLA 35A1G+1130 Dec 2022
VILLA 35B1G+1130 Dec 2022
VILLA 361G+1130 Dec 2022
VILLA 371G+1130 Dec 2022
VILLA 381G+1130 Dec 2022
VILLA 391G+1130 Dec 2022
VILLA 401G+1130 Dec 2022
VILLA 88A1G+1130 Dec 2022
VILLA 88B1G+1130 Dec 2022
VILLA 89A1G+1130 Dec 2022
VILLA 89B1G+1131 Dec 2021
VILLA 871G+1130 Dec 2022
VILLA 971G+1130 Dec 2022

Unit mix on the filing: 25 residential.

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000004446325/05/2018AVINASH TUKARAM TELANG vs Nirvana Lifestyle Ventureorder passed
CC00600000042901631/01/2024Seema Rakesh Lachhani vs Nirvana Lifestyle Venturesorder passed

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
30 Dec 202230 Dec 2023There has been a severe loss of materials and labour due to the flood in the project land resulting in delay AND due to imposition of GST resulting in a higher tax there has been a
30 Dec 202231 Dec 2026There has been a severe loss of materials and labour due to the flood in the project land resulting in delay AND due to imposition of GST resulting in a higher tax there has been a

Location, Land & Connectivity

Located at GATES BUDRUK, BHIWANDI WADA ROAD, Andheri, Mumbai Suburban, 421303. Per the filed land record, the plot is bounded to the north by VAITARNA RIVER, to the south by GATES VILLAGE, to the east by LAND OF BHRAMA DURGA JEED and to the west by LAND OF PRAMOD BHOIR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~61 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 park61 km
Andheri MIDC / SEEPZ62 km
Chhatrapati Shivaji Int'l Airport66 km
Bandra Kurla Complex (BKC)68 km
Lower Parel / Worli business district77 km
Nariman Point / Fort84 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

Nirvana Lifestyle Ventures is the promoter on 5 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 flagged projects by Nirvana Lifestyle Ventures

Nirvana Lifestyle Ventures
FlaggedPalghar
Nirvana Lifestyle Ventures
FlaggedPalghar
Nirvana Lifestyle Ventures
Not filing quarterly progress reportsPalghar
Nirvana Lifestyle Ventures
FlaggedPalghar

Other RERA-registered projects in Vada

Rajeshree Plaza
possession by Nov 2026 · Liva Infra Builders And Developers
Balkrushna Sankul
Not filing quarterly progress reports · possession by Dec 2026 · Sai Construction
Navkar Hills Garden View Part-1
possession by Dec 2026 · Pyramid Properties
Navkar Hills River Bay View-Part-1
possession by Dec 2026 · Navkar Holiday Homes & Water Park LL
Navkar Hills Sunrise View-Part-1
possession by Dec 2026 · Navkar Holiday Homes & Water Park LL
Navkar Hills Sunset View Part-1
possession by Dec 2026 · Navkar Holiday Homes & Water Park LL

Other RERA-registered projects in Palghar

Wollywood Phase III
possession by Dec 2026 · Nirvana Lifestyle Ventures
Wollywood Phase IV
possession by Dec 2026 · Nirvana Lifestyle Ventures
Wollywood Phase V
possession by Dec 2026 · Nirvana Lifestyle Ventures
Wollywood Phase VI
possession by Sep 2027 · Nirvana Lifestyle Ventures
Wonder Infinity
possession by Dec 2028 · Wonder Developers
Wonder Park
possession by Sep 2028 · Wonder 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