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VaibhavLaxmi Builders and Developers: RERA track record
Partnership ยท attribution by exact filing name, entity resolution in progress
VaibhavLaxmi Builders and Developers has 9 registrations on MahaRERA, including Green Vista and Stella Residency. Its filings disclose 8 earlier MahaRERA projects: declares 6 of 8 past projects completed on time.
Projects by this developer
Showing all 9 projects.
Largest first, by the unit count in the filing.
| Project | Location | Units | Booked | Registered | Status |
|---|---|---|---|---|---|
| Queens GloryP51800076971 | Chembur, Mumbai Suburban, 400071 | 215 | 39% | 10 Jul 2024 | Registered |
| Green VistaP51800008487 | Vikhroli East, Mumbai Suburban, 400083 | - | - | 19 Aug 2017 | Completed |
| OlympusP51800022877 | Vikhroli East, Mumbai Suburban, 400083 | - | - | 1 Nov 2019 | Completed |
| ROYAL STONEP51800029854 | VIKHROLI EAST, Mumbai Suburban, 400083 | - | - | 8 Jul 2021 | Registration lapsed |
| Stella ResidencyP51800006691 | Vikhroli East, Mumbai Suburban, 400083 | - | - | 16 Aug 2017 | Completed |
| Stella Sapphire A WingP51800007545 | Vikhroli East, Mumbai Suburban, 400083 | - | - | 17 Aug 2017 | Completed |
| Stella Sapphire B WIngP51800003333 | Kurla, Mumbai Suburban, 400071 | - | - | 5 Aug 2017 | Completed |
| Templum HeightsP51800021056 | Vikhroli East, Mumbai Suburban, 400083 | - | - | 31 May 2019 | Completed |
| VICTORIA 54P51800025304 | VIKHROLI EAST, Mumbai Suburban, 400083 | - | - | 5 Apr 2020 | Registration lapsed |
What this promoter declares as its own experience
VaibhavLaxmi Builders and Developers declares experience on 8 earlier projects. 8 of them carry a registration number we could match on MahaRERA, all under this promoter's own name.
8 of these declarations can be compared with the dates those projects' own registrations hold. On 2, the date given as the original completion date is the REVISED deadline that project carries after an extension rather than its original one. That changes the arithmetic on 2 of the 6 completions recorded here as on time: measured against the original deadline the register itself holds, those were finished after it. A completion date is also recorded against 2 registrations MahaRERA does not show as completed. A registration lapses when a promoter files neither a completion nor an extension, so that can mean the completion was never filed rather than that the project was not finished.
From the promoter experience table each promoter files with MahaRERA, matched to the register by registration number. A declaration naming another promoter's project is a claim of involvement, and involvement takes several shapes: a parent and its project company, one firm re-registering under a second name, or a joint venture between two separate developers. We publish the claim as filed and do not treat it as proof that the entities are one builder.
Past projects, as disclosed in RERA filings
| Project | Promised completion | Actual completion | Delivery |
|---|---|---|---|
| Green Vista P51800008487 | 31 Dec 2018 | 26 Sep 2019 | +9 months |
| Stella Sapphire B WIng P51800003333 | 31 Dec 2018 | 1 Nov 2019 | +10 months |
| Stella Sapphire A Wing P51800007545 | 31 Dec 2019 | 1 Nov 2019 | On time |
| Stella Residency P51800006691 | 29 Oct 2022 | 22 Feb 2022 | On time |
| ROYAL STONE P51800029854 | 30 Nov 2024 | 20 Mar 2024 | On time |
| Templum Heights P51800021056 | 30 Dec 2024 | 22 Feb 2023 | On time |
| Olympus P51800022877 | 30 Dec 2024 | 14 Oct 2022 | On time |
| VICTORIA 54 P51800025304 | 30 Dec 2025 | 14 Jun 2024 | On time |
Frequently asked questions
How do I verify VaibhavLaxmi Builders and Developers as a legal entity before signing?
Your agreement for sale must name the exact entity registered for the project, not a group brand. The registration certificate on each project's MahaRERA page names the exact legal entity; ask for it if the sales office only uses a brand name. Large builders commonly register one company or LLP per project, which is normal; the entity on the registration certificate is the one legally accountable to you.
How should I use this delivery record when booking with VaibhavLaxmi Builders and Developers?
Their completed projects have landed on time so far, but apply the same test to the specific project: promised date, current progress, and sales pace. If possession then slips past your agreement date, section 18 entitles you to interest at SBI's highest MCLR plus 2 percent (currently 10.90% per annum) for every month of delay, or an exit with a full refund with interest.
The record above looks clean. What should I still check?
A clean filing history is a good sign, not a guarantee. Filings only show what promoters must disclose: they do not show build quality, the state of approvals still pending, or whether the agreement they offer follows MahaRERA's model clauses. Check the specific project's certificates and agreement deviations, and confirm sales pace is matched by construction pace quarter on quarter.
Spotted a project attributed to the wrong developer, or something else wrong on this page? Projects are grouped by the promoter name as filed, so a firm that registers under two spellings can split across two pages. Tell us and we will check it against the filings.
Report an errorShare feedbackData from official MahaRERA filings. How we handle corrections is on the about page.