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Vaishno Neelkanth Apartment
By Shree Vaishno Homes Pvt. ltd.
RG-MH-93782 · RERA P51800051076 · Last updated on MahaRERA portal: 18 Apr 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 16 months past the filed date
- Completion date moved by 6 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
4 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.
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Vaishno Neelkanth Apartment is a Residential / Group Housing project by Shree Vaishno Homes Pvt. ltd. in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800051076 on 22 May 2023. Possession was promised by 30 Jun 2025 and is now 16 months past that date. The completion date has moved by 6 months from the original filing.
At a glance
Project
- NameVaishno Neelkanth Apartment
- TypeResidential / Group Housing
- Location
- Rani Sati Marg
- Malad - East
- Malad
- Borivali
- Mumbai Suburban
- 400097
- Pincode400097
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800051076
- ReraGenie IDRG-MH-93782
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on22 May 2023
- Promised completion30 Jun 2025
- Revised completionRevised to 30 Jun 2025 (originally 31 Dec 2024)
- Buildings1 building record
- Documents filed47 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Vaishno Neelkanth Apartment | NA | 10 | 0 | 0 | 0 | 0 |
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 18 Apr 2025, 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.
2 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 95%.
Vaishno Neelkanth Apartment: 81% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 95% |
| Podiums (if any) | 0% |
| Plinth | 95% |
| Stilt Floor | 95% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 90% |
| Sanitary Fittings within the flats / premises | 80% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 95% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 80% |
| 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. | 60% |
Progress on shared amenities15
As on 18 Apr 2025, 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| 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 filed41
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 |
|---|---|---|
| Shree Vaishno Homes Private Limited | Malad | Mumbai Suburban |
| Quarry Road Co- operative Societies Limited | Malad | Mumbai Suburban |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Niten Premchand Dedhia |
| Engineer | Neel N Dholia |
| Chartered Accountant | Nilesh B Patel |
| Partner | Role in project |
|---|---|
| Shree Vaishno Homes Pvt. ltd. | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe, the promoters of the Vaishno Neelkanth Apartment project, registered under MahaRERA with registration number P51800051076, hereby submit this explanatory note seeking an extension of the completion deadline for our project until June 2025. Status of Project Completion: We have already received a Full Occupancy Certificate for Wing A and Partial Occupancy Certificate for Wing B on 16th December 2024 for the following components: 1. Wing- ‘A’ Ground (pt.) for Shops + Stilt (pt.) for Pit & Stack Parking + 1st for Office + 2nd to 9th upper Residential floors (Full Occupancy) 2. Wing- ‘B’ Stilt
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 15 Mar 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Jan 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 15 Mar 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 Jan 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 17 Dec 2024
Documents filed47
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 |
|---|---|
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Final.pdf | 18 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate.pdf | 16 Apr 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 9597 OC_signed.pdf | 17 Dec 2024 |
| Declaration in FORM BFile: Affidavit Cum Declaration.pdf | 16 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Circular 29.pdf | 16 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 30 0924.pdf | 14 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 September 2024.pdf | 14 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Sep 24.pdf | 14 Dec 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 1 Engineers Certificate on Quality Assurance (Form 2A FY 2022-23).pdf | 13 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf | 13 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 11 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 30 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 29 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 29 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate.pdf | 25 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold or Booked.pdf | 25 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Shree Vaishno Homes Pvt Ltd.pdf | 5 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate.pdf | 2 Feb 2024 |
| Layout approvalFile: Drawing (1).pdf | 25 Jan 2024 |
| Copy of Layout Approval (in case of layout)File: Drawing (1).pdf | 25 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Further CC signed.pdf | 25 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 25 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 25 Jan 2024 |
| Other - FinanceFile: Form 3.pdf | 2 May 2023 |
| Layout approvalFile: 1 Copy of Layout Approval (in case of layout) (2).pdf | 28 Apr 2023 |
| Copy of Layout Approval (in case of layout)File: 1 Copy of Layout Approval (in case of layout) (2).pdf | 28 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Quarrry Road Architect Certificate.pdf | 18 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Quarrry Road Engineer Certificate.pdf | 18 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annex Nishant Singh.pdf | 20 Mar 2023 |
| Building plan approvalFile: IOD.pdf | 15 Mar 2023 |
| PAN CardFile: Pan.pdf | 15 Mar 2023 |
| Copy of the legal title reportFile: Legal Title Report (1).pdf | 15 Mar 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: IOD.pdf | 15 Mar 2023 |
| Declaration about Commencement CertificateFile: Declaration About CC.pdf | 15 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Vaishno Neelkanth Apartment Form 3 Scan Copy (1).pdf | 15 Mar 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 2 Disclosure of Interest in Other Real Estate Organizations.pdf | 15 Mar 2023 |
| Details of encumbrances concerned to FinanceFile: Declaration about encumberance.pdf | 14 Mar 2023 |
| Details of encumbrances concerned to LegalFile: Declaration about encumberance.pdf | 14 Mar 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 14 Mar 2023 |
| Declaration in FORM BFile: Form B Developer.pdf | 14 Mar 2023 |
| CERSAI detailsFile: CERSAI Search Report.pdf | 14 Mar 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 1 Disclosure of Interest in Other Real Estate Organizations.pdf | 14 Mar 2023 |
| Proforma of Allotment letterFile: Allotment Letter Format.pdf | 14 Mar 2023 |
| Proforma of Agreement for saleFile: Vaishno Neelkant Rera Agreement Draft (1).pdf | 14 Mar 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A.pdf | 14 Mar 2023 |
| Deviation Report with respect to Allotment letterFile: Declartion model allotment.pdf | 14 Mar 2023 |
| Deviation Report with respect to model copy of AgreementFile: Declaration Model Agreement.pdf | 14 Mar 2023 |
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| SHREE GANESH VAISHNO DEVELOPERS | Sia Apartment Mantri Wadi Malad West Mumbai 400064 | 52 | Completed | Dec 2017 | Jul 2017 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 47 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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Builder: Shree Vaishno Homes Pvt. ltd.
Shree Vaishno Homes Pvt. ltd. has 2 registrations on MahaRERA, including Vaishno Neelkanth Apartment and Vaishno Sky. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What does it mean that Vaishno Neelkanth Apartment 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 Vaishno Neelkanth Apartment is delayed beyond 30 Jun 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 Vaishno Neelkanth Apartment?
The registered promoter entity is Shree Vaishno Homes Pvt. ltd., a company 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 Vaishno Neelkanth Apartment?
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 Vaishno Neelkanth Apartment?
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 Vaishno Neelkanth Apartment?
The professionals named in the filing: Architect: Niten Premchand Dedhia; Engineer: Neel N Dholia; Chartered Accountant: Nilesh B Patel. 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 Vaishno Neelkanth Apartment?
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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