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BALAJI ARCADE
RG-MH-03210 · RERA P51900020641 · Last updated on MahaRERA portal: 5 Mar 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Completion date moved by 39 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: .Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
BALAJI ARCADE is a Commercial project by SHREE DEVELOPERS in WADALA, 400031, registered with MahaRERA as P51900020641 on 30 Apr 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 39 months from the original filing. 7 of the 19 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete.
At a glance
Project
- NameBALAJI ARCADE
- TypeCommercial
- Location
- KATRAK ROAD
- WADALA
- 400031
- Pincode400031
- RERA no.P51900020641
- ReraGenie IDRG-MH-03210
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on30 Apr 2019
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 1 Sep 2023)
- Buildings1 building record
- Documents filed39 files
Current status
Figures as on 5 Mar 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BALAJI ARCADE | NA | 16 | 16 | 0 | 19 | 19 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 5 Mar 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
6 of 11 construction stages are filed complete. The stage furthest along is External plumbing and external plaster, at 85%.
BALAJI ARCADE: 84% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 80% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 80% |
| Sanitary Fittings within the flats / premises | 40% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 85% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 40% |
Progress on shared amenities15
As on 5 Mar 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed1
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BALAJI ARCADE | NA | Rs 12.98 cr | Rs 12.59 cr |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SANDEEP TANDEL |
| Architect | V K CHAPPIA AND CO |
| Engineer | SURA AND ASSOCIATES |
| Chartered Accountant | JRSM AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| SHREE DEVELOPERS | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDear Sir, With reference to the captioned subject, we would like to inform your goodself that our project ‘Balaji Arcade’ is registered on the MahaRERA webportal vide Registration Number: P51900020641. The registration certificate was issued for the period ending 01 September 2023 (A copy of the certificate is attached herewith as Annexure 1). With reference to the above, we would like to inform you that there has been delay in obtaining various permissions required to complete the building. We request you to extend the project completion date by a further twelve months, by the end of which we
Reason as filed by the promoterDear Sir/Madam, We have completed the civil work of the building and are in the finishing stages. We have also commenced the process for obtaining Occupation Certificate.
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 22 Apr 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 21 Jun 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 21 Jun 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 21 Jun 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2026
Documents filed39
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Form 5 (FY 2024-2025)File: Form 5_24-25.pdf | 5 Mar 2026 |
| Withdrawal Update Form 1File: Architects certificate_Q1.pdf | 18 Feb 2026 |
| Withdrawal Update Form 1File: Architects certificate_Q1.pdf | 18 Feb 2026 |
| Withdrawal Update Form 1File: Architects certificate_Q1.pdf | 18 Feb 2026 |
| Withdrawal Update Form 2File: Form 2_Q1.pdf | 18 Feb 2026 |
| Withdrawal Update Form 2File: Form 2_Q1.pdf | 18 Feb 2026 |
| Withdrawal Update Form 2File: Form 2_Q1.pdf | 18 Feb 2026 |
| Withdrawal Update Form 3File: Form 3_Mar 25_final.pdf | 18 Feb 2026 |
| Withdrawal Update Form 3File: Form 3_Mar 25_final.pdf | 18 Feb 2026 |
| Withdrawal Update Form 3File: Form 3_Mar 25_final.pdf | 18 Feb 2026 |
| Declaration in FORM BFile: 1 Declaration in FORM B_2025.pdf | 22 May 2025 |
| Certificates of CA (Form 3)File: Form 3_Mar 25.pdf | 22 May 2025 |
| Certificates of CA (Form 3)File: Form 3_Mar 25_final.pdf | 22 May 2025 |
| Disclosure of sold/ booked inventoryFile: disclosure sold unsold.pdf | 22 May 2025 |
| Other - TechnicalFile: pert cpm.pdf | 22 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: form 2a signed_22-23.pdf | 22 May 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_22-23.pdf | 22 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: form 2a signed_23-24.pdf | 22 May 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5_23-24.pdf | 22 May 2025 |
| Declaration in FORM BFile: 1 Declaration in FORM B_new (1).pdf | 21 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1_MAr 25.pdf | 21 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_mar 25.pdf | 21 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FRM 1_DEC 24.pdf | 10 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_DEC 24.pdf | 10 Feb 2025 |
| Building plan approvalFile: Vighnaharta Soc Rev IOA Letter.pdf | 21 Jun 2021 |
| Layout approvalFile: Vighnaharta Soc Rev IOA Plans.pdf | 21 Jun 2021 |
| Copy of Layout Approval (in case of layout)File: Vighnaharta Soc Rev IOA Plans.pdf | 21 Jun 2021 |
| Building Plan Approval (IOD)File: Vighnaharta Soc Rev IOA Letter.pdf | 21 Jun 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Reendorse CC_compressed.pdf | 21 Jun 2021 |
| Building plan approvalFile: IOA for Shree Developers.pdf | 22 Apr 2019 |
| Layout approvalFile: Layout.pdf | 22 Apr 2019 |
| Copy of the legal title reportFile: Title Report final.pdf | 22 Apr 2019 |
| Details of encumbrancesFile: Certificate of Encumbrances.pdf | 22 Apr 2019 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 22 Apr 2019 |
| Building Plan Approval (IOD)File: IOA for Shree Developers.pdf | 22 Apr 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-SHRRE DEVELOPERS.pdf | 22 Apr 2019 |
| Declaration in FORM BFile: Form B_NEWcompressed.pdf | 22 Apr 2019 |
| Certificates of CA (Form 3)File: Form 3 final.pdf | 22 Apr 2019 |
| Proforma of Allotment letterFile: Merged Sale Agreement.pdf | 22 Apr 2019 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 51 other registrations, which the RERA portal never shows together
- All 39 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: SHREE DEVELOPERS
SHREE DEVELOPERS has 52 registrations on MahaRERA, including SHRISHRI LAKE CASTLE and MAYURESHWAR COMPLEX. Its filings disclose 9 earlier MahaRERA projects: declares 6 of 8 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record.
Frequently asked questions
What are my rights if BALAJI ARCADE is delayed beyond 31 Dec 2026?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of BALAJI ARCADE?
The registered promoter entity is SHREE DEVELOPERS, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in BALAJI ARCADE?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for BALAJI ARCADE?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at BALAJI ARCADE?
The professionals named in the filing: Architect: SANDEEP TANDEL; Architect: V K CHAPPIA AND CO; Engineer: SURA AND ASSOCIATES; Chartered Accountant: JRSM AND ASSOCIATES. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in BALAJI ARCADE?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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