Home / Browse projects / Thane, Maharashtra / BALAJI EXOTICA BUILDING TYPE D PHASE III
BALAJI EXOTICA BUILDING TYPE D PHASE III
By BALAJI WORLD
RG-MH-28575 · RERA P51700026674 · Last updated on MahaRERA portal: 28 Jan 2026
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 30 months
- 3 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
3 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: or have every new Thane registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
BALAJI EXOTICA BUILDING TYPE D PHASE III is a Commercial project by BALAJI WORLD in Thane, Maharashtra, registered with MahaRERA as P51700026674 on 21 Oct 2020. The registration is recorded completed; possession was promised by 31 Dec 2025. The completion date has moved by 30 months from the original filing. 80 of the 137 units on this registration are recorded sold or booked, and 10 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameBALAJI EXOTICA BUILDING TYPE D PHASE III
- TypeCommercial
- Location
- MANGESHI HALL
- CHIKANGHAR
- Kalyan
- Thane
- 421301
- Pincode421301
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700026674
- ReraGenie IDRG-MH-28575
Builder
- NameBALAJI WORLD
- Entity typePartnership
- PartnersSAGAR GUL PANJWANI, GUL JAIRAMDAS PANJWANI, SANTOSH JAIRAMDAS PANJWANI
- Other registrations3 more →
- Completed3 of 4
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on21 Oct 2020
- Promised completion31 Dec 2025
- Revised completionRevised to 31 Dec 2025 (originally 30 Jun 2023)
- Buildings1 building record
- Documents filed133 files
Current status
Figures as on 28 Jan 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| WING -D | NA | 34 | 34 | 126 | 11 | 137 |
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 28 Jan 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
WING -D: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 28 Jan 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed107
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 ownership2
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| ASHISH DEVELOPERS | Chikanghar | Thane |
| DILIP BHOIR | Chikanghar | Thane |
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 |
|---|---|---|---|
| WING -D | NA | Rs 31.00 cr | Rs 40.52 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 | Vitan Consultants |
| Engineer | Structural Concept Designs Private Limited |
| Chartered Accountant | N B Sayed & Associates |
| Chartered Accountant | G A Raghani & Co Chartered Accountant |
| Partner | Role in project |
|---|---|
| BALAJI WORLD | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19. We have consent of 66.67% allottees for purpose of extension of RERA registration period of the said project.
Reason as filed by the promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s 6 in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19.
Reason as filed by the promoterThe delay in completing the real estate project has primarily been due to unforeseen and significant challenges arising from the COVID-19 pandemic, which disrupted operations and hindered project progress. Furthermore, the introduction of the Unified Development Control and Promotion Regulations (UDCPR) in Maharashtra on 2nd December 2020 made us eligible for additional FSI. However, this increase in FSI necessitated obtaining Environmental Clearances for the project, which significantly delayed the timeline. These delays further impacted the approval process for the revised plans, which were
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12503583 | AVINASH PRALHAD HATKAR | BALAJI WORLD | 08/10/2025 |
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 9 Oct 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 12 Oct 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 15 Jun 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 15 Jun 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
Documents filed133
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 133 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.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Form 1 - Balaji Exotica Phase lll 7-11-2025.pdf | 28 Jan 2026 |
| Withdrawal Update Form 2File: From 2 - Balaji Exotica Phase lll 7112025.pdf | 28 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 - Balaji Exotica Phase III 07-11-2025.pdf | 28 Jan 2026 |
| Withdrawal Update Form 1File: Form 1 - Balaji Exotica Phase III as on Sep 2025.pdf | 3 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 - Balaji Exotica Phase III as on June 2024.pdf | 3 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 - Balaji Exotica Phase III as on June 2024.pdf | 3 Jan 2026 |
| Occupational CertificateFile: OC Copy.pdf | 3 Jan 2026 |
| Occupational CertificateFile: OC Verification.pdf | 3 Jan 2026 |
| Occupational CertificateFile: CC.pdf | 3 Jan 2026 |
| Occupational CertificateFile: Approved Plann.pdf | 3 Jan 2026 |
| Form 5 (FY 2024-2025)File: Form 5 - Balaji Exotica Phase III - FY 2024-25.pdf | 11 Oct 2025 |
| Form 1File: Form 1-Balaji exotica as on June 2025.pdf | 20 Jul 2025 |
| Form 2File: From 2-Balaji Exotica Building Type D Phase III as on June 2025.pdf | 20 Jul 2025 |
| Form 3File: Form 3 - Balaji Exotica Phase III 30-06-2025.pdf | 20 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Circular 29 - Balaji Exotica Phase III as on June 2025.pdf | 20 Jul 2025 |
| Declaration in FORM BFile: Form B - Revised BP.pdf | 14 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A FY 2019-20.pdf | 14 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A FY 2020-21.pdf | 14 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 13 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 13 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 13 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Circular 29.pdf | 13 Feb 2025 |
| Declaration about Commencement CertificateFile: Declaration of Commencement.pdf | 13 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5_08122022.pdf | 13 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_10102023.pdf | 13 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A FY 2023-24.pdf | 13 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5_22112024.pdf | 13 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III 31-12-2024.pdf | 17 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Balaji Exotica Type D Phase 3 as on December 2024.pdf | 10 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Balaji Exotica Type D Phase 3 as on December 2024.pdf | 8 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Balaji exotica phase III form 5.pdf | 23 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III as on 30-09-2024 (REVISED).pdf | 17 Dec 2024 |
| Details of encumbrancesFile: Encumbrance Letter Finance.pdf | 3 Dec 2024 |
| Declaration in FORM BFile: Form B.pdf | 3 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 March 2024.pdf | 3 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 June 2024.pdf | 3 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: balaji exotica.pdf | 3 Dec 2024 |
| CERSAI detailsFile: Encumbrance Letter Finance.pdf | 3 Dec 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: FORMAT A.pdf | 3 Dec 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEXURE A.pdf | 3 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III 30-09-2024.pdf | 26 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Balaji Exotica from 1 .pdf | 19 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: BALAJI EXOTICA Form 2.pdf | 19 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Balaji Exotica Phase III as on June 2024.pdf | 11 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Balaji Exotica Phase III as on June 2024.pdf | 11 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III as on June 2024.pdf | 10 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Balaji Exotica Phase III as on March 2024.pdf | 7 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Balaji Exotica Phase III as on March 2024.pdf | 7 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III as on March 2024.pdf | 12 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: BALAJI EXOTICA CIRCURAL 29.pdf | 29 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: New Format Form 3 - Balaji Exotica Phase III 31-12-2023.pdf | 18 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III as on Dec 2023.pdf | 9 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Balaji Exotica as on Dec 2023.pdf | 4 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Balaji Exotica as on Dec 2023.pdf | 4 Jan 2024 |
| Proforma of Agreement for saleFile: Final Draft D- Wing Agreement.pdf | 9 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Balaji Exotica Phase III as on 30-09-2023.pdf | 18 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 F Y 2022-2023 BW.pdf | 17 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 as on 30-09-2023_compressed.pdf | 6 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 as on 30-09-2023_compressed.pdf | 6 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Circular 29 (1).pdf | 31 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: Circular 29- Balaji Exotica Type D Phase III_as on 29-08-2023.pdf | 31 Aug 2023 |
| Proforma of Agreement for saleFile: Final Draft D wing Agreement.pdf | 31 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate.pdf | 19 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 19 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 2022-23.pdf | 19 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- Balaji Exotica Phase III as on 30-06-2023.pdf | 19 Jul 2023 |
| Building plan approvalFile: Approved plan.pdf | 15 Jun 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Approved plan.pdf | 15 Jun 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificat.pdf | 15 Jun 2023 |
| Declaration in FORM BFile: FORM -B (Promoter) Balaji Exotica (2)_compressed.pdf | 15 Jun 2023 |
| Declaration in FORM BFile: FORM -B (Promoter) Balaji Exotica (2)_compressed.pdf | 15 Jun 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: (Form 1) 30-3-2023_compressed.pdf | 15 Jun 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 31-03-2023_compressed.pdf | 15 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: (Form 3) 31-03-2023_compressed.pdf | 15 Jun 2023 |
| Disclosure of sold/ booked inventoryFile: Balaji World Sales details.pdf | 27 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Balaji World.pdf | 9 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: New Format Form 3 - Final Balaji Exotica Phase III.pdf | 9 May 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Engineer's Certificate for Quality Assurance.pdf | 3 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Balaji World Phase III Dec 2022.pdf | 24 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 architect certificate December month.pdf | 21 Jan 2023 |
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 133 filed documents as one ZIP, foldered, with a manifest
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Filed coordinates, straight-line distance. 278 registered projects within 2 km.
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Builder: BALAJI WORLD
BALAJI WORLD has 4 registrations on MahaRERA, including BALAJI EXOTICA-PHASE 1 and BALAJI EXOTICA PHASE-II. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if BALAJI EXOTICA BUILDING TYPE D PHASE III is delayed beyond 31 Dec 2025?
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 EXOTICA BUILDING TYPE D PHASE III?
The registered promoter entity is BALAJI WORLD, 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 EXOTICA BUILDING TYPE D PHASE III?
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 do I read the complaint cases filed against BALAJI EXOTICA BUILDING TYPE D PHASE III?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for BALAJI EXOTICA BUILDING TYPE D PHASE III?
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 EXOTICA BUILDING TYPE D PHASE III?
The professionals named in the filing: Architect: Vitan Consultants; Engineer: Structural Concept Designs Private Limited; Chartered Accountant: N B Sayed & Associates; Chartered Accountant: G A Raghani & Co Chartered Accountant. 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 EXOTICA BUILDING TYPE D PHASE III?
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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