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VARAD VINAYAK DEVELOPERS: RERA track record

Partnership ยท attribution by exact filing name, entity resolution in progress

VARAD VINAYAK DEVELOPERS has 2 registrations on MahaRERA, including PANVELKAR OPTIMA and Datta Leela Residency. Its filings disclose 3 earlier MahaRERA projects: declares 3 of 3 past projects completed on time.

2RERA registrations
3Past projects disclosed
on timeMedian delivery slip
0Registrations with litigation
Follow this developer. An email when VARAD VINAYAK DEVELOPERS registers a new project on MahaRERA, and when the filings of their existing projects change: new sales, moved possession dates, extensions, complaints. Runs 12 months, no auto-renew. Follow · Rs 999 / 12 months

Projects by this developer

Showing all 2 projects.

Largest first, by the unit count in the filing.

ProjectLocationUnitsBookedRegisteredStatus
Datta Leela ResidencyP51700029607Tilak Nagar, Thane, 421201--11 Jun 2021Registration lapsed
PANVELKAR OPTIMAP51700015392AAPTEWADI, Thane, 421503--21 Feb 2018Completed

What this promoter declares as its own experience

VARAD VINAYAK DEVELOPERS declares experience on 3 earlier projects. None of them carries a registration number we could match on MahaRERA, which is usual for work done before the register existed.

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

ProjectPromised completionActual completionDelivery
PANVELKAR HEIGHTS
31 Mar 20176 Jun 2016On time
PANVELKAR MONTANA
30 Jun 20174 May 2017On time
PANVELKAR OPTIMA PHASE I R3 R4 R5 R6
31 Jul 201728 Jun 2017On time

Frequently asked questions

How do I verify VARAD VINAYAK 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 VARAD VINAYAK 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.

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Data from official MahaRERA filings. How we handle corrections is on the about page.

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About the VARAD VINAYAK DEVELOPERS developer page. Projects are grouped by the promoter name as filed, so a wrongly attributed project is the most useful thing to report.

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