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Registered No litigation declared Residential / Group Housing project

BALAJI ESTATE PHASE 2

By M/S SAI BALAJI BUILDCON

RG-MH-94901 · RERA P51700031992 · Last updated on MahaRERA portal: 3 Jul 2026

Source: official MahaRERA filing

Red flags

  • Rs 37.50 crore secured on the land, in favour of Mitcon Credentia Trusteeship Services LTD

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

1 condition is 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.

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Dec 2026Possession promisedno revision filed
9 of 55Construction stages doneacross 5 buildings; furthest along: Slabs of Super Structure, 80%
298 of 789Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 100 documents Report an error

BALAJI ESTATE PHASE 2 is a Residential / Group Housing project by M/S SAI BALAJI BUILDCON in Thane, Maharashtra, registered with MahaRERA as P51700031992 on 3 Dec 2021. Possession is promised by 31 Dec 2026. 491 of the 789 units on this registration are recorded sold or booked, and 9 of 55 construction stages are filed complete.

At a glance

Project

  • NameBALAJI ESTATE PHASE 2
  • TypeResidential / Group Housing
  • Location
    • Khoni Umbharli Road
    • KHONI UMBROLI ROAD
    • Umbroli (553037)
    • Ambarnath
    • Thane
    • 421204
  • Pincode421204
  • RERA no.P51700031992
  • ReraGenie IDRG-MH-94901

Builder

  • NameM/S SAI BALAJI BUILDCON
  • Entity typePartnership
  • PartnersMANILAL MULJI SENGHANI, MARUTI GANPAT PADWAL, AMIT SHANTILAL RANGANI, JAYNIL SHARAD SHAH, SHREE SAWAN WAREHOUSING AND PROPERTIES PVT LTD
  • Other registrations1 more →
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

this monthRegisteredDec 2021PromisedDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on3 Dec 2021
  • Promised completion31 Dec 2026
  • Revised completionNone
  • Buildings5 building records
  • Documents filed100 files

Current status

62%491 of 789 units booked
45.9%Work done, per cost certificate

Figures as on 3 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A WING - UMA TOWERNA23231250125
B WING - PAVA PURINA23231260126
C WING - HANSH TOWERNA23231260126
D WING - SHIV TOWERNA23231260126
E WING - BHOOMI TOWERNA26232860286

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 building5

As on 3 Jul 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.

9 of 55 construction stages are filed complete across 5 buildings. The stage furthest along is Slabs of Super Structure, at 80%.

A WING - UMA TOWER53%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor50%
Slabs of Super Structure80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises45%
Sanitary Fittings within the flats / premises30%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks55%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.20%
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.0%
B WING - PAVA PURI11%
ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth25%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
C WING - HANSH TOWER0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
D WING - SHIV TOWER31%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor20%
Slabs of Super Structure20%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
E WING - BHOOMI TOWER28%
ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)100%
Plinth0%
Stilt Floor30%
Slabs of Super Structure45%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%

Progress on shared amenities15

As on 3 Jul 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed19

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.

Total parking slots19
Closed/Covered5
Open Space14
BuildingClosed/CoveredOpen SpaceTotal
A WING - UMA TOWER123
B WING - PAVA PURI123
C WING - HANSH TOWER123
D WING - SHIV TOWER123
E WING - BHOOMI TOWER167

Land and ownership2

MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area10,030 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
Encumbrance on the landDeclared present
Charge in favour ofMitcon Credentia Trusteeship Services LTD
Secured amountRs 37.50 crore
CERSAI search filedYes
Declared on31 Oct 2025
LandownerVillageDistrict
BALU LAHU CHOUDHARYKurlaMumbai Suburban
JAYWANT KHANDU THOMBREKurlaMumbai Suburban

Approvals and building plan

Sanctioning authorityKalyan Dombivali Municipal Corporation
Permissible FSI48726.18
Proposed, not sanctioned9,552 sq m
Buildings approved5
Buildings sanctioned5

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.

Separate project accountDeclared
Bank branchRBL BANK LTD,DHANNUR HOUSE,15,SIR P M ROAD, FORT,MUMBAI-400001
Estimated costRs 236.30 cr
Cost incurredRs 108.39 cr
Work done45.87%
BuildingWingEstimatedIncurred
-NARs 128.50 crRs 54.20 cr
E WING - BHOOMI TOWERNARs 36.50 crRs 21.54 cr
A WING - UMA TOWERNARs 23.00 crRs 20.93 cr
C WING - HANSH TOWERNARs 23.00 cr-
D WING - SHIV TOWERNARs 23.00 crRs 11.73 cr
B WING - PAVA PURINARs 2.30 cr-

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectSTHAPATYA NIRMAAN
EngineerSAHIL BANA
Chartered AccountantRahul Bera
Chartered AccountantShripati Ghandi Chaudhari & Co
Chartered AccountantP P SHAH & ASSOCIATES
PartnerRole in project
M/S SAI BALAJI BUILDCON-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 28 Oct 2021
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 28 Oct 2021
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 17 May 2023
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 17 May 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed100

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 100 are shown. 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.

DocumentUploaded
Form 2A (FY 2025-2026)File: Form -2A - Balaji Estate Phase II - March 206.pdf3 Jul 2026
Withdrawal Update Form 1File: PH 2 Architect Certificate 31032026.pdf29 Jun 2026
Withdrawal Update Form 2File: PH 2 Engineer Certificate 31-03-2026.pdf29 Jun 2026
Withdrawal Update Form 3File: Form 3 March 26_compressed.pdf29 Jun 2026
Withdrawal Update Form 1File: Architect Certificate PH 2 31-12-2025.pdf4 Apr 2026
Withdrawal Update Form 2File: Sai Balaji Buildcon PH 2 31-12-2025.pdf4 Apr 2026
Withdrawal Update Form 3File: Form 3 Dec 25_compressed.pdf4 Apr 2026
Form 5 (FY 2024-2025)File: Form 5 - Balaji Buildcon FY 2024-25 - Phase 2.pdf3 Apr 2026
Withdrawal Update Form 1File: From 1 Sep 2025.pdf14 Nov 2025
Withdrawal Update Form 1File: Form 1 Phase 2_compressed.pdf14 Nov 2025
Withdrawal Update Form 1File: Form 1 Phase 2_compressed.pdf14 Nov 2025
Withdrawal Update Form 1File: From 1 Sep 2025.pdf14 Nov 2025
Withdrawal Update Form 2File: Sai Balaji Buildcon Ph 2 Engi cer 30092025.pdf14 Nov 2025
Withdrawal Update Form 2File: Engineer Cerrtificate 30062025 PH 2_compressed.pdf14 Nov 2025
Withdrawal Update Form 2File: Engineer Cerrtificate 30062025 PH 2_compressed.pdf14 Nov 2025
Withdrawal Update Form 2File: Sai Balaji Buildcon Ph 2 Engi cer 30092025.pdf14 Nov 2025
Withdrawal Update Form 3File: FORM 3 PHASE 2 SEP 25.pdf14 Nov 2025
Withdrawal Update Form 3File: Form No-3 PH-2_compressed.pdf14 Nov 2025
Withdrawal Update Form 3File: Form No-3 PH-2_compressed.pdf14 Nov 2025
Withdrawal Update Form 3File: FORM 3 PHASE 2 SEP 25.pdf14 Nov 2025
Form 1File: PH 2 Architect Certificate_compressed.pdf23 Jun 2025
Form 2File: Engineer Certificate.pdf23 Jun 2025
Form 3File: Form 3 of Sai Balaji Buildcon_compressed.pdf23 Jun 2025
Disclosure of Sold and Booked InventoryFile: Sold Inventory PH 2_compressed.pdf23 Jun 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: PH 2 Architect Certificate_compressed.pdf22 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 of Sai Balaji Buildcon_compressed.pdf22 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: 30062023 PH 2_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: 30092023 PH 2_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: 31122023 PH 2_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: 30062024 PH 2_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: 30092024 PH 2_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: 31122024 PH 2_compressed.pdf22 Apr 2025
Disclosure of sold/ booked inventoryFile: Sold Inventory PH 2_compressed.pdf22 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Letter PH 2_30-09-2024_compressed.pdf5 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Letter PH 2_31-12-2024_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_FORM 3_31-03-2023_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Phase 2 June 23_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_FORM 3_30-09-2023_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_FORM 3_30-09-2023_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 1-FORM 3_31-12-2023_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_FORM 3_31-03-2024_compressed.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_FORM 3 _30-06-2024.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_FORM 3_30-09-2024.pdf5 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PH 2_ FROM 3_31-12-2024.pdf5 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 30-09-2024_compressed.pdf5 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 31-12-2024_compressed.pdf5 Apr 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Phase II Form 5-2.pdf5 Apr 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Phase II Form 5.pdf5 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Archite certificate Ph 2.pdf13 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Ph 2.pdf13 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Archite Certificate 31122023 PH 2_compressed.pdf4 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: rchite Certificate 30032024 PH 2_compressed.pdf4 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form -2A PH -2 3103204_compressed.pdf4 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PH 2 31032022.pdf4 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PH 2 30062022.pdf4 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PH 2 30092022.pdf4 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PH 2 31122022.pdf4 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Balaji Estate phase 2 March 23.pdf4 May 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form - 3 Balaji Estate Phase 2 March 22_compressed_compressed.pdf22 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Archite Certif 31032023 PH 2.pdf1 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certif 3109202 PH 23.pdf1 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Engin Certifi PH 2 31-03-2022.pdf23 Nov 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engin Ceritif PH 2 31-03-2023.pdf23 Nov 2023
Building plan approvalFile: MYSCAN_20230517_0001_compressed.pdf17 May 2023
Building plan approvalFile: MYSCAN_20230517_0003_compressed.pdf17 May 2023
Building plan approvalFile: MYSCAN_20230517_0004_compressed.pdf17 May 2023
Building plan approvalFile: MYSCAN_20230517_0002_compressed.pdf17 May 2023
Building Plan Approval / NA Order for plotted developmentFile: MYSCAN_20230517_0001_compressed.pdf17 May 2023
Building Plan Approval / NA Order for plotted developmentFile: MYSCAN_20230517_0003_compressed.pdf17 May 2023
Building Plan Approval / NA Order for plotted developmentFile: MYSCAN_20230517_0004_compressed.pdf17 May 2023
Building Plan Approval / NA Order for plotted developmentFile: MYSCAN_20230517_0002_compressed.pdf17 May 2023
Commencement Certificates / NA Order for plotted developmentFile: CC UPER FLOOR_compressed.pdf17 May 2023
Declaration about Commencement CertificateFile: RERA CC letter.pdf17 May 2023
Building plan approvalFile: BuildingPlanApproval.pdf2 May 2022
Building Plan Approval / NA Order for plotted developmentFile: BuildingPlanApproval.pdf2 May 2022
Commencement Certificates / NA Order for plotted developmentFile: Revised CC Ph-2.pdf2 May 2022
Declaration about Commencement CertificateFile: Revised CC Ph-2.pdf2 May 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 1-20.pdf20 Nov 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_21-40.pdf20 Nov 2021

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
BALAJI ESTATE PHASE 1PLOT NO 17 KHONI UMBHARLI ROAD AMBARNATH387OngoingDec 2024Late, Jun 2025

How this compares with Thane

62%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is on the register

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near KHONI UMBROLI ROAD7,600+ in Thane

Builder: M/S SAI BALAJI BUILDCON

M/s. Sai Balaji Buildcon has 2 registrations on MahaRERA, including BALAJI ESTATE and BALAJI ESTATE PHASE 2. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if BALAJI ESTATE PHASE 2 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 ESTATE PHASE 2?

The registered promoter entity is M/S SAI BALAJI BUILDCON, 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 ESTATE PHASE 2?

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 ESTATE PHASE 2?

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 ESTATE PHASE 2?

The professionals named in the filing: Architect: STHAPATYA NIRMAAN; Engineer: SAHIL BANA; Chartered Accountant: Rahul Bera; Chartered Accountant: Shripati Ghandi Chaudhari & Co; Chartered Accountant: P P SHAH & 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 ESTATE PHASE 2?

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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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