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Registered No litigation declared Residential / Group Housing project

OSTWAL PALACE

By SHREE OSTWAL BUILDERS LTD

RG-MH-60938 · RERA P99000034236 · Last updated on MahaRERA portal: 17 Apr 2026

Source: official MahaRERA filing

Red flags

  • Rs 20.00 crore secured on the land, in favour of BANK OF BARODa

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 6 earlier projects delivered on promise

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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Mar 2027Possession promisedno revision filed
4 of 11Construction stages donefurthest along: Staircases, 75%
190 of 245Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 89 documents Report an error

OSTWAL PALACE is a Residential / Group Housing project by SHREE OSTWAL BUILDERS LTD in Palghar, Maharashtra, registered with MahaRERA as P99000034236 on 25 Mar 2022. Possession is promised by 31 Mar 2027. 55 of the 245 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.

At a glance

Project

  • NameOSTWAL PALACE
  • TypeResidential / Group Housing
  • Location
    • PALGHAR-KHAREKURAN ROAD
    • TEMBHODE
    • Palghar
    • 401405
  • Pincode401405
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P99000034236
  • ReraGenie IDRG-MH-60938

Builder

  • NameSHREE OSTWAL BUILDERS LTD
  • Entity typeCompany
  • CINU45200MH1989PLC050872
  • GSTIN27AAFCS2523N1Z4
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • Managing DirectorUMRAOSINGH PRITHVIRAJ OSTWAL
  • DirectorsKULDEEP UMRAOSINGH Ostwal, ASHA UMRAOSINGH OSTWAL, SHAKENDRA VARDHMAN CHHAJED, RAKESH SHANTILAL JAIN
  • Other registrations19 more →
  • Completed7 of 20
  • Past their filed date1
  • Declared earlier projects6 →

Key dates

this monthRegisteredMar 2022PromisedMar 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on25 Mar 2022
  • Promised completion31 Mar 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed89 files

Current status

22%55 of 245 units booked
85.8%Work done, per cost certificate

Figures as on 17 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
OSTWAL PALACE -A-B-C WINGNA121021035245

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 17 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.

4 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 75%.

OSTWAL PALACE -A-B-C WING: 58% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises65%
Sanitary Fittings within the flats / premises45%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks75%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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 17 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
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 filed70

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 slots70
Closed/Covered1
Open Space69

Land and ownership1

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 area6,700 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared present
Charge in favour ofBANK OF BARODa
Secured amountRs 20.00 crore
Declared on15 May 2025
LandownerVillageDistrict
PAYODHI ENTERPRISES LLPPalghar Palghar

Approvals and building plan

Sanctioning authorityPALGHAR MUNICIPAL COUNCIL
Permissible FSI16081.68
Proposed, not sanctioned16,082 sq m
Buildings approved1
Buildings sanctioned1

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 branchFair Lawn CHS Ltd Plot no 7S T Road Chembur Mumbai 400 071
Estimated costRs 31.00 cr
Cost incurredRs 26.59 cr
Work done85.77%
BuildingWingEstimatedIncurred
OSTWAL PALACE -A-B-C WINGNARs 28.00 crRs 24.40 cr
-NARs 3.00 crRs 2.19 cr

Certifying professionals and partners11

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

RoleName
ArchitectVASTU SHILP
ArchitectVASTUSHILP ASSOCIATES
EngineerRAJESH B DUBEY
EngineerBHAVESH TODANKAR BALCHANDRA TODANKAR
EngineerSUNILPAWAR
EngineerPRO-TECH CONSULTANTS
EngineerSUNIL PAWAR MAHIPAL PAWAR
Chartered AccountantABHISHEK SURANA & CO
Chartered AccountantABHISHEK SURANA & CO.
Chartered AccountantKHURDIA JAIN & CO.
Chartered AccountantMadhubala Jain
PartnerRole in project
SHREE OSTWAL BUILDERS LTD-

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 15 Apr 2025
  2. Layout approvalOn the file

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

    uploaded 15 Mar 2022
  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 15 Mar 2022
  4. Commencement CertificateOn the file

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

    uploaded 15 Mar 2022Confirm 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 Mar 2027

Documents filed89

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 89 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
Withdrawal Update Form 1File: Form 1_Palace_31032026.pdf17 Apr 2026
Withdrawal Update Form 2File: Form 2_Palace_31032026.pdf17 Apr 2026
Withdrawal Update Form 3File: Form 3_Palace_31032026.pdf17 Apr 2026
Withdrawal Update Form 1File: FORM-1_OSTWAL PALACE_31122025.pdf27 Jan 2026
Withdrawal Update Form 2File: FORM-2_PALACE_31122025.pdf27 Jan 2026
Withdrawal Update Form 3File: FORM-3_PALACE_31122025.pdf27 Jan 2026
Withdrawal Update Form 1File: ostwal palace.pdf18 Oct 2025
Withdrawal Update Form 2File: Form 2 _ 30092025.pdf18 Oct 2025
Withdrawal Update Form 3File: FORM 3 _OSTWAL PALACE_30092025.pdf18 Oct 2025
Form 1File: 7 Architect’s Certificate of Percentage of Completion of Work (Form 1).pdf27 Sep 2025
Form 2File: 6 Engineer’s Certificate on Cost Incurred on Project (Form 2) (2).pdf27 Sep 2025
Form 3File: 5 CA Certificate on Project Cost & Fund withdrawal (Form 3) (3).pdf27 Sep 2025
Disclosure of Sold and Booked InventoryFile: 10 Disclosure of sold_ booked inventory.pdf27 Sep 2025
Form 1File: 6 Architect’s Certificate of Percentage of Completion of Work (Form 1).pdf27 Sep 2025
Form 2File: 5 Engineer’s Certificate on Cost Incurred on Project (Form 2) (1).pdf27 Sep 2025
Form 3File: 3 CA Certificate on Project Cost & Fund withdrawal (Form 3) (1).pdf27 Sep 2025
Disclosure of Sold and Booked InventoryFile: 9 Disclosure of sold_ booked inventory (4).pdf27 Sep 2025
Withdrawal Update Form 1File: Form-1_30062025_Palace.pdf23 Sep 2025
Withdrawal Update Form 2File: Form 2 _30062025_Palace.pdf23 Sep 2025
Withdrawal Update Form 3File: Form 3 30062025.pdf23 Sep 2025
Form 1File: Form-1_30062025_Palace.pdf23 Aug 2025
Form 2File: Form 2 _30062025_Palace.pdf23 Aug 2025
Form 3File: Form 3 30062025.pdf23 Aug 2025
Disclosure of Sold and Booked InventoryFile: Sold Unsold_ 30062025_Palace.pdf23 Aug 2025
Self-declaration of Quarterly ProgressFile: Palace_Self Declaration 30062025.pdf23 Aug 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 31032025_OSTWAL PALACE.pdf8 May 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Self Certification Form-3 _31032025 _Palace .pdf18 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM- 2 _31032025 Palace.pdf18 Apr 2025
Disclosure of sold/ booked inventoryFile: Sold Unsold_31032025-Palace.pdf17 Apr 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A_March-25_Palace.pdf17 Apr 2025
Copy of the legal title reportFile: Title Certificate-06032025.pdf15 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 2 30092024 .pdf15 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1_30092024.pdf15 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 31122024 - PALACE.pdf15 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM- 1 _31032025.pdf15 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Palace Self Certification 31122024.pdf15 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 30092024 .pdf15 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 31122024-PALACE.pdf15 Apr 2025
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD_OSTWAL PALACE_31122024.pdf14 Jan 2025
Other - FinanceFile: SELF CERTIFICATION_OSTWAL PALACE_31122024.pdf14 Jan 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A_OSTWAL PALACE_31122024.pdf14 Jan 2025
Disclosure of sold/ booked inventoryFile: SOLD UNSOLD_OSTWAL PALACE_11zon.pdf20 Oct 2024
Other - FinanceFile: Ostwal Palace_Self Certification_30092024.pdf19 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Quality Assurance Certificate of Ostwal Palace.pdf19 Oct 2024
Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of Secured_Unsecured Loan.pdf17 Aug 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Format A _ Palace.pdf17 Aug 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Banker Letter Head.pdf17 Aug 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Letter Head of Promoter.pdf17 Aug 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Declaration Cum Undertaking_Annexure a.pdf17 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate 30062024.pdf24 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate 30062024.pdf24 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Palace Quality Assurance Certificate.pdf20 Jul 2024
Disclosure of sold/ booked inventoryFile: Palace Sold Unsold 30062024.pdf20 Jul 2024
Other - FinanceFile: Palace Self Declaration as on 30062024.pdf20 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Quality Assurance_Palace_March-2024.pdf16 Apr 2024
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Unsold_ Palace.pdf16 Apr 2024
Other - FinanceFile: Self Declaration_ Palace.pdf16 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arch Certificate Palace.pdf10 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate palace.pdf10 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE PALACE.pdf10 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Quality Assurance Certificate_ Ostwal Palace.pdf13 Jan 2024
Disclosure of sold/ booked inventoryFile: 6 - PALACE - Discloser Sold Unsold Inventory.pdf13 Jan 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 6 - Form - 2A - Ostwal Palace.pdf20 Oct 2023
Disclosure of sold/ booked inventoryFile: PALACE.pdf20 Oct 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM2A Ostwal Palace.pdf19 Jul 2023
Disclosure of sold/ booked inventoryFile: UNSOLD INVENTORY Ostwal Palace.pdf19 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: OSTWAL PALACE.pdf14 Apr 2023
Disclosure of sold/ booked inventoryFile: PALACE - SOLD UNSOLD.pdf14 Apr 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM - 2A - OSTWAL PALACE.pdf31 Jan 2023
Disclosure of sold/ booked inventoryFile: PALACE.pdf20 Jan 2023
Layout approvalFile: LAYOUT DIGITAL.pdf15 Mar 2022
Building plan approvalFile: BLDG P - 1 DIGITAL.pdf15 Mar 2022
Building plan approvalFile: BLDG P - 2 DIGITAL.pdf15 Mar 2022
Building plan approvalFile: BLDG P - 3 DIGITAL.pdf15 Mar 2022
Copy of the legal title reportFile: Legal Title Report.pdf15 Mar 2022
Details of encumbrancesFile: Encumbrances Certificate.pdf15 Mar 2022
Copy of Layout Approval (in case of layout)File: LAYOUT DIGITAL.pdf15 Mar 2022
Building Plan Approval / NA Order for plotted developmentFile: BLDG P - 1 DIGITAL.pdf15 Mar 2022
Building Plan Approval / NA Order for plotted developmentFile: BLDG P - 2 DIGITAL.pdf15 Mar 2022
Building Plan Approval / NA Order for plotted developmentFile: BLDG P - 3 DIGITAL.pdf15 Mar 2022

Promoter's earlier projects6

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.

6 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
OSTWAL WOODSP99000019832OPP. UNION PARK, Palghar-Mar 2019CompletedDec 2024Jun 2023
OSTWAL DARSHANP51700004905BHAYANDER EAST, Thane-Aug 2017CompletedDec 2024Registered original: Dec 2023Jun 2024
OSTWAL GARDENKANAKIA ROAD MIRA ROAD EAST69-CompletedDec 2015Jun 2015
OSTWAL OASISMIRA ROAD EAST33-CompletedApr 2015Jan 2015
OSTWAL PRIDE IKANAKIA ROAD MIRA ROAD EAST63-CompletedMar 2015Mar 2015
OSTWAL HEIGHT BLDG 1 TO 4KANAKIA ROAD MIRA ROAD EAST195-CompletedDec 2013Dec 2013

How this compares with Palghar

22%of this project is bookeddistrict median 25%
31%of Palghar projects moved their completion datethis one has not
26%of Palghar registrations have lapsed or been cancelledthis one is on the register

Computed across the 3,200+ Palghar projects on ReraGenie, from their own filings.

Free monthly report: Vasai-Virar and Palghar 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 TEMBHODE3,200+ in Palghar

2 kmOSTWAL PALACECompleted 107Lapsed / revoked 50Other 112Dot size: filed unitsN

Filed coordinates, straight-line distance. 269 registered projects within 2 km.

Builder: SHREE OSTWAL BUILDERS LTD

SHREE OSTWAL BUILDERS LTD has 20 registrations on MahaRERA, including OSTWAL DARSHAN and OSTWAL POINT. Its filings disclose 6 earlier MahaRERA projects: declares 6 of 6 past projects completed on time. Litigation is declared on 3 of its registrations. Read the full track record. See more projects on the Palghar district page.

Frequently asked questions

What are my rights if OSTWAL PALACE is delayed beyond 31 Mar 2027?

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 OSTWAL PALACE?

The registered promoter entity is SHREE OSTWAL BUILDERS LTD, a company as per the filing. Its CIN U45200MH1989PLC050872 and GSTIN 27AAFCS2523N1Z4 can be cross-checked on the MCA and GST portals. 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 OSTWAL PALACE?

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 OSTWAL PALACE?

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 OSTWAL PALACE?

The professionals named in the filing: Architect: VASTU SHILP; Architect: VASTUSHILP ASSOCIATES; Engineer: RAJESH B DUBEY; Engineer: BHAVESH TODANKAR BALCHANDRA TODANKAR; Engineer: SUNILPAWAR; Engineer: PRO-TECH CONSULTANTS. 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 OSTWAL PALACE?

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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