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BALAJI SAPPHIRE
RG-MH-23776 · RERA P51700079088 · Last updated on MahaRERA portal: 25 Apr 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- All 4 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 1 other registration and every project registered within 2 km.
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BALAJI SAPPHIRE is a Others project by VARSHA INFRASTRUCTURE in Thane, Maharashtra, registered with MahaRERA as P51700079088 on 3 Feb 2025. Possession is promised by 30 Dec 2028. 15 of the 84 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.
At a glance
Project
- NameBALAJI SAPPHIRE
- TypeOthers
- Location
- SECTOR 19A
- NERUL
- Navi Mumbai (M Corp.)
- Thane
- 400706
- Pincode400706
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700079088
- ReraGenie IDRG-MH-23776
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on3 Feb 2025
- Promised completion30 Dec 2028
- Revised completionNone
- Buildings1 building record
- Documents filed50 files
Current status
Figures as on 25 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BALAJI SAPPHIRE | NA | 19 | 14 | 78 | 6 | 84 |
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 25 Apr 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
BALAJI SAPPHIRE: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 25 Apr 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 | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| 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 | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| 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 filed157
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
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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.
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 | DEEPAK THAKARE ARCHITECTS & PLANNERS |
| Engineer | EPICONS CONSULTANTS PVT LTD |
| Chartered Accountant | A K SARAWGI & COMPANY |
| Chartered Accountant | VIKAS KUMAR |
| Partner | Role in project |
|---|---|
| VARSHA INFRASTRUCTURE | - |
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 11 Nov 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 11 Nov 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 11 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 11 Nov 2024Confirm 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 30 Dec 2028
Documents filed50
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 1File: Form 1 Balaji Shappire March 26.pdf | 25 Apr 2026 |
| Form 2File: Form 2 Balaji Shappire March 26.pdf | 25 Apr 2026 |
| Form 3File: Form 3 Balaji Shappire March 26.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: Balaji Shappire Disclosure of Sold and Booked March 26.pdf | 25 Apr 2026 |
| Form 1File: From 1 Balaji Sapphire Dec 2025.pdf | 27 Jan 2026 |
| Form 2File: Form 2 Balaji Shappire Dec 25.pdf | 27 Jan 2026 |
| Form 3File: Form 3 Balaji Sapphire Dec 2025.pdf | 27 Jan 2026 |
| Disclosure of Sold and Booked InventoryFile: Balaji Sapphire Disclosure of Sold and Booked Inventory Dec 2025.pdf | 27 Jan 2026 |
| Form 5 (FY 2024-2025)File: Form 5 FY 24-25 Balaji Sapphire.pdf | 14 Nov 2025 |
| Form 1File: BALAJI SAPPHIRE FORM 1.pdf | 31 Oct 2025 |
| Form 2File: BALAJI SAPPHIRE FORM 2.pdf | 31 Oct 2025 |
| Form 3File: Varsha Infrastructure Form 3 Balaji Sapphire.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold and booked BALAJI SAPPHIRE.pdf | 31 Oct 2025 |
| Form 1File: BALAJI SAPPHIRE FORM 1 Sept 25.pdf | 31 Oct 2025 |
| Form 2File: BALAJI SAPPHIRE FORM 2 Sept 25.pdf | 31 Oct 2025 |
| Form 3File: Varsha Infrastructure Form 3 Balaji Sapphire Sept 25.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold and booked BALAJI SAPPHIRE Sept 25.pdf | 31 Oct 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A.pdf | 22 Jan 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B.pdf | 22 Jan 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: documents.pdf | 9 Dec 2024 |
| Other - LegalFile: PLOT AGREEMENT.pdf | 21 Nov 2024 |
| Other - LegalFile: ANNEXURE 1 latest.pdf | 21 Nov 2024 |
| Other - TechnicalFile: annexure A.pdf | 12 Nov 2024 |
| Other - TechnicalFile: EMAIL VERIFICATION.pdf | 12 Nov 2024 |
| Building plan approvalFile: BLUE PRINT-5-7.pdf | 11 Nov 2024 |
| Building plan approvalFile: BLUE PRINT-1-4.pdf | 11 Nov 2024 |
| Layout approvalFile: BLUE PRINT-5-7.pdf | 11 Nov 2024 |
| Layout approvalFile: BLUE PRINT-1-4.pdf | 11 Nov 2024 |
| PAN CardFile: varsha infra pan card.pdf | 11 Nov 2024 |
| Copy of the legal title reportFile: SEARCH REPORT.pdf | 11 Nov 2024 |
| Copy of the legal title reportFile: TITLE REPORT.pdf | 11 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: Letter Of Encumerance Finance and Legal.pdf | 11 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: BLUE PRINT-1-4.pdf | 11 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: BLUE PRINT-5-7.pdf | 11 Nov 2024 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 11 Nov 2024 |
| Declaration in FORM BFile: Form -B Developers.pdf | 11 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 ARCHITECT CERTIFICATE.pdf | 11 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 ca certificate balaji sapphire New.pdf | 11 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ENGINEER CERTIFICATE.pdf | 11 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC CERTIFICATE.pdf | 11 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: BLUE PRINT-1-4.pdf | 11 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: BLUE PRINT-5-7.pdf | 11 Nov 2024 |
| Declaration about Commencement CertificateFile: Declaration about CC.pdf | 11 Nov 2024 |
| CERSAI detailsFile: CERSAI DEATILS.pdf | 11 Nov 2024 |
| Deviation Report with respect to Allotment letterFile: DEVIATION FOR ALLOTMENT.pdf | 11 Nov 2024 |
| Details of encumbrances concerned to LegalFile: Letter Of Encumerance Finance and Legal.pdf | 11 Nov 2024 |
| Deviation Report with respect to model copy of AgreementFile: DEVIATION FOR AGREEMENT.pdf | 11 Nov 2024 |
| Proforma of Agreement for saleFile: AGREEMENT FOR SALE LATEST.pdf | 11 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEXURE A LATEST.pdf | 11 Nov 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for securedunsecured finance availed for the project.pdf | 11 Nov 2024 |
Promoter's earlier projects4
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| BALAJI SKYLINE | PLOT NO.56 SECTOR-34A KHARGHAR NAVI MUMBAI- 410210 | 121 | Ongoing | Jul 2028 | Jul 2028 |
| BALAJI VISTA | PLOT NO.32 SECTOR-17 NEW PANVEL RAIGAD-410206 | 175 | Ongoing | May 2027 | May 2027 |
| BALAJI EXOTICA | PLOT NO.31 SECTOR-9 KOPARKHAIRANE NAVI MUMBAI-400709 | 62 | Completed | Dec 2023 | Sep 2022 |
| BALAJI SHRUSHTI | PLOT NO 7B SECTOR 13 NERUL NAVI MUMBAI 400706 | 51 | Completed | Dec 2021 | Jan 2021 |
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How this compares with Thane
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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 50 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
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See every Thane project, with the district possession charts
Builder: VARSHA INFRASTRUCTURE
VARSHA INFRASTRUCTURE has 2 registrations on MahaRERA, including BALAJI EXOTICA and BALAJI SAPPHIRE. Its filings disclose 4 earlier MahaRERA projects: declares 4 of 4 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 SAPPHIRE is delayed beyond 30 Dec 2028?
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 SAPPHIRE?
The registered promoter entity is VARSHA INFRASTRUCTURE, 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 SAPPHIRE?
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 SAPPHIRE?
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 SAPPHIRE?
The professionals named in the filing: Architect: DEEPAK THAKARE ARCHITECTS & PLANNERS; Engineer: EPICONS CONSULTANTS PVT LTD; Chartered Accountant: A K SARAWGI & COMPANY; Chartered Accountant: VIKAS KUMAR. 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 SAPPHIRE?
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.
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