Home / Browse projects / Thane, Maharashtra / Mahavir Spring - Tulip - Phase 1
Mahavir Spring - Tulip - Phase 1
RG-MH-15725 · RERA P51700022994 · Last updated on MahaRERA portal: 26 Mar 2026
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 10 months past the filed date
- Rs 325.00 crore secured on the land, in favour of Piramal Capital and Housing Finance Ltd
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- All 3 earlier projects delivered on promise
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.
Mahavir Spring - Tulip - Phase 1 is a Residential / Group Housing project by Vinayak Developers in Thane, Maharashtra, registered with MahaRERA as P51700022994 on 8 Nov 2019. Possession was promised by 30 Dec 2025 and is now 10 months past that date. 342 of the 405 units on this registration are recorded sold or booked, and 11 of 11 construction stages are filed complete.
At a glance
Project
- NameMahavir Spring - Tulip - Phase 1
- TypeResidential / Group Housing
- Location
- Pokhran Road No. 2
- Thane (M Corp.)
- Thane
- 400610
- Pincode400610
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700022994
- ReraGenie IDRG-MH-15725
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on8 Nov 2019
- Promised completion30 Dec 2025
- Revised completionNone
- Buildings1 building record
- Documents filed230 files
Current status
Figures as on 26 Mar 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Mahavir Spring - Tulip | NA | 46 | 42 | 405 | 0 | 405 |
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 26 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.
11 of 11 construction stages are filed complete.
Mahavir Spring - Tulip: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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 26 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 | 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 | No | Not applicable |
| 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 | Yes | 100% |
| Open Parking | No | Not applicable |
Parking filed350
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
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.
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 |
|---|---|---|---|
| Mahavir Spring - Tulip | NA | Rs 208.02 cr | Rs 196.50 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 | Anil Hassanand Jagwani |
| Engineer | Ashok Bhanushali |
| Chartered Accountant | Rajesh Parmar |
| Chartered Accountant | Samir Damji Malde |
| Partner | Role in project |
|---|---|
| Vinayak Developers | - |
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 24 Oct 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 Oct 2019 - 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 Dec 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Sep 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 filed230
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 230 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: Architect Certificate.pdf | 26 Mar 2026 |
| Withdrawal Update Form 2File: Engineer Certificate.pdf | 26 Mar 2026 |
| Withdrawal Update Form 3File: CA Certificate (3).pdf | 26 Mar 2026 |
| Withdrawal Update Form 1File: Architect Certificate.pdf | 5 Jan 2026 |
| Withdrawal Update Form 2File: Engineer Certificate.pdf | 5 Jan 2026 |
| Withdrawal Update Form 3File: CA Certificate_compressed (2).pdf | 5 Jan 2026 |
| Withdrawal Update Form 1File: Tulip- Phase 1-Form1.pdf | 20 Dec 2025 |
| Withdrawal Update Form 2File: Engineer Certificate.pdf | 20 Dec 2025 |
| Withdrawal Update Form 3File: CA certificate_compressed (1).pdf | 20 Dec 2025 |
| Withdrawal Update Form 1File: Form 1 Architectu0027s Certificate_002.pdf | 3 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Mahavir Spring - Tuilp- Phase-1.pdf | 3 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 3 Oct 2025 |
| Withdrawal Update Form 1File: Form 1 Architectu0027s Certificate_002.pdf | 1 Oct 2025 |
| Withdrawal Update Form 1File: Form 1 Architectu0027s Certificate_002.pdf | 1 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Mahavir Spring - Tuilp- Phase-1.pdf | 1 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Mahavir Spring - Tuilp- Phase-1.pdf | 1 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 1 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 1 Oct 2025 |
| Withdrawal Update Form 1File: Form 1 Architectu0027s Certificate_002.pdf | 30 Sep 2025 |
| Withdrawal Update Form 1File: Form 1 Architectu0027s Certificate_002.pdf | 30 Sep 2025 |
| Withdrawal Update Form 2File: Form 2 - Mahavir Spring - Tuilp- Phase-1.pdf | 30 Sep 2025 |
| Withdrawal Update Form 2File: Form 2 - Mahavir Spring - Tuilp- Phase-1.pdf | 30 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 30 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 30 Sep 2025 |
| Withdrawal Update Form 1File: Architect Certificate.pdf | 29 Sep 2025 |
| Withdrawal Update Form 2File: Engineer Certifcate.pdf | 29 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 29 Sep 2025 |
| Withdrawal Update Form 1File: Architect Certificate.pdf | 9 Sep 2025 |
| Withdrawal Update Form 2File: Engineer Certifcate.pdf | 9 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 - Mahavir Spring - Tuilp- Phase-1.pdf | 9 Sep 2025 |
| Form 1File: Architect Certificate.pdf | 4 Jul 2025 |
| Form 2File: Engineer Certifcate.pdf | 4 Jul 2025 |
| Form 3File: CA Certificate.pdf | 4 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold and unsold.pdf | 4 Jul 2025 |
| Engineer Certifcate | 29 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 24 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold and unsold.pdf | 24 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 11 Apr 2025 |
| CERSAI detailsFile: Cersai Report.pdf | 11 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 24 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold and unsold.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 22 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 17 Jan 2025 |
| CERSAI detailsFile: CERSAI Report.pdf | 17 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 20 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold and unsold.pdf | 20 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 2 Dec 2024 |
| CERSAI detailsFile: CERSAI Report.pdf | 2 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 5 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 3 Aug 2024 |
| CERSAI detailsFile: CERSAI Report.pdf | 3 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold and unsold.pdf | 3 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 3 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 22 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 22 Apr 2024 |
| CERSAI detailsFile: CERSAI Report.pdf | 22 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold and unsold.pdf | 22 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 22 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 (2022-23).pdf | 26 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 24 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 24 Feb 2024 |
| CERSAI detailsFile: CERSAI Report.pdf | 24 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold and unsold.pdf | 24 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 24 Feb 2024 |
| Building plan approvalFile: 1.pdf | 21 Dec 2023 |
| Building plan approvalFile: 2.pdf | 21 Dec 2023 |
| Building plan approvalFile: 3.pdf | 21 Dec 2023 |
| Building plan approvalFile: 8.pdf | 21 Dec 2023 |
| Building plan approvalFile: 15.pdf | 21 Dec 2023 |
| Building plan approvalFile: 16.pdf | 21 Dec 2023 |
| Building plan approvalFile: 17.pdf | 21 Dec 2023 |
| Building plan approvalFile: 18.pdf | 21 Dec 2023 |
| Building plan approvalFile: 19.pdf | 21 Dec 2023 |
| Building plan approvalFile: 20.pdf | 21 Dec 2023 |
| Building plan approvalFile: 21.pdf | 21 Dec 2023 |
| Building plan approvalFile: 22.pdf | 21 Dec 2023 |
| Building plan approvalFile: 23.pdf | 21 Dec 2023 |
| Building plan approvalFile: 24.pdf | 21 Dec 2023 |
| Building plan approvalFile: 25.pdf | 21 Dec 2023 |
Promoter's earlier projects3
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 |
|---|---|---|---|---|---|
| Mahavir Millenium - IMPERIA | Vasant Vihar Next to Garden Enclaves Pokhran Road No 2 Thane W 400601 | 89 | Completed | Dec 2015 | Dec 2015 |
| Mahavir Millenium - IVANA | Vasant Vihar Next to Garden Enclaves Pokhran Road No 2 Thane W 400601 | 66 | Completed | Mar 2009 | Mar 2009 |
| Mahavir Millenium - ISRA | Vasant Vihar Next to Garden Enclaves Pokhran Road No 2 Thane W 400601 | 54 | Completed | Mar 2009 | Mar 2009 |
Comparing a few projects?
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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.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 16 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 230 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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Filed coordinates, straight-line distance. 271 registered projects within 2 km.
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See every Thane project, with the district possession charts
Builder: Vinayak Developers
Vinayak Developers has 17 registrations on MahaRERA, including Durvankur Apartment and Jessika Chs.Ltd.. Its filings disclose 10 earlier MahaRERA projects: declares 10 of 10 past projects completed on time. 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 does it mean that Mahavir Spring - Tulip - Phase 1 shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if Mahavir Spring - Tulip - Phase 1 is delayed beyond 30 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 Mahavir Spring - Tulip - Phase 1?
The registered promoter entity is Vinayak 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 Mahavir Spring - Tulip - Phase 1?
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 Mahavir Spring - Tulip - Phase 1?
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 Mahavir Spring - Tulip - Phase 1?
The professionals named in the filing: Architect: Anil Hassanand Jagwani; Engineer: Ashok Bhanushali; Chartered Accountant: Rajesh Parmar; Chartered Accountant: Samir Damji Malde. 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 Mahavir Spring - Tulip - Phase 1?
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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