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Registered No litigation declared Residential / Group Housing project

Vardhan Royale

By Vardhan Associates

RG-MH-27905 · RERA P51800024821 · Last updated on MahaRERA portal: 18 Sep 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 36 months
  • 3 extensions taken
  • Rs 23.00 crore secured on the land, in favour of AU SMALL FINANCE BANK LIMITED
  • The declared charge does not appear in the CERSAI report on the filing

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form

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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May 2027Possession promisedmoved 36 months from the original
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
6 of 30Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 118 documents Report an error

Vardhan Royale is a Residential / Group Housing project by Vardhan Associates in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800024821 on 9 Mar 2020. Possession is promised by 29 May 2027. The completion date has moved by 36 months from the original filing. 24 of the 30 units on this registration are recorded sold or booked, and 10 of 11 construction stages are filed complete.

At a glance

Project

  • NameVardhan Royale
  • TypeResidential / Group Housing
  • Location
    • Pandit Solicitor Road
    • Malad East
    • Borivali
    • Mumbai Suburban
    • 400097
  • Pincode400097
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800024821
  • ReraGenie IDRG-MH-27905

Builder

  • NameVardhan Associates
  • Entity typePartnership
  • PartnersRohan Ashok Vardhan, Vardhan Reality Limited, Ashok Babulal Vardhan

Key dates

this monthRegisteredMar 2020First promiseMay 2024Revised toMay 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on9 Mar 2020
  • Promised completion29 May 2027
  • Revised completionRevised to 29 May 2027 (originally 30 May 2024)
  • Buildings1 building record
  • Documents filed118 files

Current status

80%24 of 30 units booked
100.0%Work done, per cost certificate

Figures as on 18 Sep 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Vardhan RoyaleNA252130030

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 Sep 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%.

Vardhan Royale: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 18 Sep 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 & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed63

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 slots63
Closed/Covered43
Open Space20

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.

Land area1,418 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofAU SMALL FINANCE BANK LIMITED
Secured amountRs 23.00 crore
CERSAI search filedYes
Declared on29 May 2025

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI5101.0
Proposed, not sanctioned3,493 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 branchAU Bank Unit No 2B Ground Floor Vaswani Chambers Dr Annie Besant Road Worli Mumbai 400018
Estimated costRs 17.48 cr
Cost incurredRs 17.48 cr
Work done100.0%
BuildingWingEstimatedIncurred
Vardhan RoyaleNARs 13.98 crRs 13.98 cr
-NARs 3.50 crRs 3.50 cr

Certifying professionals and partners3

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

RoleName
ArchitectConsultants Combined Mukesh Bahadur
EngineerK H Shah
Chartered AccountantMaitrik Doshi & Associates
PartnerRole in project
Vardhan Associates-

Extensions applied for3

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51800024098May 2024 → May 2025

Reason as filed by the promoterPromoter has already completed the building and applied of OC, same is likely to be received in 2-3 months. The delay in getting OC is mainly because authorities of Mumbai Municipal corporation were busy in Lok sabha elections Therefore period of ONE year is sought as and by way of extension for completion of project.Promoter is applying for extension under section 6 of RERA Act.

EA02062501389May 2024 → May 2026

Reason as filed by the promoterProject timeline was significantly affected by nationwide lockdowns, labor migration, and restricted material movement. Certain approvals and completion NOCs experienced unanticipated procedural delays.

EA28052621134May 2024 → May 2027

Reason as filed by the promoterThe construction of the building has been completed, and possession has already been handed over to 57 allottees. We have applied for the Occupation Certificate (OC) before the Competent Authority; however, due to administrative and procedural delays at the departmental level, the issuance of the Occupation Certificate is still pending.The said delay is entirely beyond our control. We have made sincere efforts to obtain the consent of the flat purchasers; however, despite our best efforts, the same could not be obtained. Accordingly, we are constrained to apply for extension under Order 40.The

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 19 Feb 2020
  2. Layout approvalOn the file

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

    uploaded 15 Jul 2024
  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 18 Feb 2020
  4. Commencement CertificateOn the file

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

    uploaded 18 Sep 2026Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 26 Jun 2024

Documents filed118

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 118 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
Commencement certificateFile: CC of malad sale full building Wing A.pdf18 Sep 2026
Withdrawal Update Form 1File: Form 1 Rera June 26.pdf18 Sep 2026
Withdrawal Update Form 2File: RERA CERTIFICATE 31MARCH2026.pdf18 Sep 2026
Withdrawal Update Form 3File: Form 3.pdf18 Sep 2026
Withdrawal Update Form 1File: From 1 Q2_2025-26.pdf26 May 2026
Withdrawal Update Form 1File: From 1 Q3_2025-26.pdf26 May 2026
Withdrawal Update Form 1File: From 1 Q4_2025-26.pdf26 May 2026
Withdrawal Update Form 2File: RERA CERTIFICATE 30 SEP2025.pdf26 May 2026
Withdrawal Update Form 2File: RERA CERTIFICATE 31 DEC2025.pdf26 May 2026
Withdrawal Update Form 2File: RERA CERTIFICATE 31MARCH2026.pdf26 May 2026
Withdrawal Update Form 3File: Form 3 Q2_2025-26.pdf26 May 2026
Withdrawal Update Form 3File: Form 3 Q3_2025-26.pdf26 May 2026
Withdrawal Update Form 3File: Form 3 Q4_2025-26.pdf26 May 2026
Withdrawal Update Form 1File: VA Mar 23.pdf9 Dec 2025
Withdrawal Update Form 2File: RERA CERTIFICATE 30 JUNE 2021.pdf9 Dec 2025
Withdrawal Update Form 3File: Form 3.pdf9 Dec 2025
Form 5 (FY 2024-2025)File: Form 5 vardhan Signed 24-25_CA Maitrik.pdf4 Oct 2025
Form 1File: Form-1 June 24.pdf30 May 2025
Form 2File: Form 2 Q1 2025.pdf30 May 2025
Form 1File: Form-1 Sep 24.pdf30 May 2025
Form 2File: Form 2 Q2 2025.pdf30 May 2025
Form 1File: Form-1 Dec 24.pdf30 May 2025
Form 2File: Form 2 Q3 2025.pdf30 May 2025
Form 3File: Form 3 Q3.pdf30 May 2025
Disclosure of Sold and Booked InventoryFile: Sold & Unsold Invetories Q3-2025.pdf30 May 2025
Form 1File: Form-1 Mar 25.pdf30 May 2025
Form 2File: Form 2 Q4 2025.pdf30 May 2025
Form 3File: Form 3 Q4.pdf30 May 2025
Disclosure of Sold and Booked InventoryFile: Sold & Unsold Invetories Q4-2025.pdf30 May 2025
Self-declaration of Quarterly ProgressFile: ANNEXURE A.pdf30 May 2025
OthersFile: From 2A 2024-25.pdf30 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2.pdf10 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Vardhan Associates form 3 Q2 24-25.pdf10 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Vardhan Associates form 3 Q2 24-25.pdf10 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2.pdf10 Oct 2024
Declaration in FORM BFile: VARDHAN ROYALE FORM B.pdf9 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 1 Engineers Certificate on Quality Assurance (Form 2A FY 2023-24).pdf9 Oct 2024
Disclosure of sold/ booked inventoryFile: 2 Disclosure of sold_ booked inventory.pdf9 Oct 2024
Declaration in FORM BFile: VARDHAN ROYALE FORM B.pdf9 Oct 2024
Disclosure of sold/ booked inventoryFile: 2 Disclosure of sold_ booked inventory.pdf9 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 1 Engineers Certificate on Quality Assurance (Form 2A FY 2023-24).pdf9 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 sept.pdf7 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 sept.pdf7 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA CERTIFICATE 30 JUNE 2020.pdf13 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA CERTIFICATE 30 SEP2020.pdf13 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA CERTIFICATE 31 DEC 2020.pdf13 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA CERTIFICATE 31 MARCH 2021.pdf13 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA CERTIFICATE 30 JUNE 2021.pdf13 Aug 2024
Layout approvalFile: Vardhan Royal Sanctioned Plan-2.pdf15 Jul 2024
Layout approvalFile: Vardhan Royal Sanctioned Plan-3.pdf15 Jul 2024
Layout approvalFile: Vardhan Royal Sanctioned Plan-4.pdf15 Jul 2024
Layout approvalFile: Vardhan Royal Sanctioned Plan-5.pdf15 Jul 2024
Layout approvalFile: Vardhan Royal Sanctioned Plan-6.pdf15 Jul 2024
Layout approvalFile: Vardhan Royal Sanctioned Plan-7.pdf15 Jul 2024
Copy of Layout Approval (in case of layout)File: Vardhan Royal Sanctioned Plan-2.pdf15 Jul 2024
Copy of Layout Approval (in case of layout)File: Vardhan Royal Sanctioned Plan-3.pdf15 Jul 2024
Copy of Layout Approval (in case of layout)File: Vardhan Royal Sanctioned Plan-4.pdf15 Jul 2024
Copy of Layout Approval (in case of layout)File: Vardhan Royal Sanctioned Plan-5.pdf15 Jul 2024
Copy of Layout Approval (in case of layout)File: Vardhan Royal Sanctioned Plan-6.pdf15 Jul 2024
Copy of Layout Approval (in case of layout)File: Vardhan Royal Sanctioned Plan-7.pdf15 Jul 2024
Declaration in FORM BFile: VA Form B.pdf28 Jun 2024
CERSAI detailsFile: VA Declaration about CERSAI Asset based.pdf26 Jun 2024
Disclosure of sold/ booked inventoryFile: Disclouser of Sold-unsold.pdf26 Jun 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Architect OC application.pdf26 Jun 2024
Details of encumbrances concerned to FinanceFile: Declaration on Encumbrance.pdf22 Jun 2024
Details of encumbrances concerned to LegalFile: Declaration on Encumbrance.pdf22 Jun 2024
Declaration about Commencement CertificateFile: FORM D DECLARATION ABOUT COMMENCEMNT CERTIFICATE.pdf22 Jun 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seperate Bank Account details.pdf22 Jun 2024
Deviation Report with respect to Allotment letterFile: No Deviation.pdf22 Jun 2024
Deviation Report with respect to model copy of AgreementFile: No Deviation.pdf22 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf18 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf18 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf18 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf18 Jun 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5- FY 22-23.pdf18 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 5- FY 22-23.pdf17 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 5- FY 23-24.pdf17 Jun 2024
Disclosure of sold/ booked inventoryFile: Sold and Unsold Inventory list.pdf17 Jun 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: VA Declaration.pdf17 Jun 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5- FY 20-21.pdf17 Jun 2024

How this compares with Mumbai Suburban

80%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one moved by 36 months
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 Malad East6,700+ in Mumbai Suburban

2 kmVardhan RoyaleCompleted 188Lapsed / revoked 128Other 168Dot size: filed unitsN

Filed coordinates, straight-line distance. 484 registered projects within 2 km.

Builder: Vardhan Associates

Vardhan Associates has 1 registration on MahaRERA, including Vardhan Royale. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if Vardhan Royale is delayed beyond 29 May 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 Vardhan Royale?

The registered promoter entity is Vardhan Associates, 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 Vardhan Royale?

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 Vardhan Royale?

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 Vardhan Royale?

The professionals named in the filing: Architect: Consultants Combined Mukesh Bahadur; Engineer: K H Shah; Chartered Accountant: Maitrik Doshi & Associates. 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 Vardhan Royale?

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.

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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