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VARDHMAN PEARL
RG-MH-30793 · RERA P51800032809 · Last updated on MahaRERA portal: 18 Jan 2022
Source: official MahaRERA filing
Red flags
- Registration revoked
- Possession 22 months past the filed date
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
2 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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VARDHMAN PEARL is a Others project by DIWALI DEVELOPERS in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800032809 on 29 Jan 2022. Possession was promised by 31 Dec 2024 and is now 22 months past that date.
At a glance
Project
- NameVARDHMAN PEARL
- TypeOthers
- Location
- MARVE ROAD
- MALAD WEST
- Borivali
- Mumbai Suburban
- 400064
- Pincode400064
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800032809
- ReraGenie IDRG-MH-30793
Builder
- NameDIWALI DEVELOPERS
- Entity typePartnership
- PartnersDIPESH RAMESH VARDHAN, BABULAL MISHRIMAL VARDHAN, MANJU RAMESH VARDHAN, VISHAL RAMESH VARDHAN, AKASH RAJESH VARDHAN, DILIP BABULAL VARDHAN, RAJESH BABULAL VARDHAN
- Other registrations1 more →
- Completed1 of 2
- No longer live1 lapsed, de-registered or revoked
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration revoked
- Registered on29 Jan 2022
- Promised completion31 Dec 2024
- Revised completionNone
- Buildings1 building record
- Documents filed49 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VARDHMAN PEARL | NA | 25 | 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 Jan 2022, 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 80%.
VARDHMAN PEARL: 36% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 80% |
| Basement (if any) | 80% |
| Podiums (if any) | 0% |
| Plinth | 80% |
| Stilt Floor | 80% |
| Slabs of Super Structure | 40% |
| 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 | 40% |
| 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 18 Jan 2022, 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 | 20% |
| 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 | 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 | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed232
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 ownership1
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 |
|---|---|---|
| MUMBADEVI MALAD CHSL | - | Mumbai City |
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 | TARUN MOTTA |
| Engineer | SHANKEY BAFNA |
| Chartered Accountant | SHRAVAN GANDHI |
| Partner | Role in project |
|---|---|
| DIWALI DEVELOPERS | - |
Litigation declared2
| Case | Court | Status |
|---|---|---|
| L 314/2021 | BOMBAY HIGH COURT | HEARING AD INTERIM |
| NA/2019 | BEFORE THE SOLE ARBITRAL TRIBUNAL JUSTICE DR S RADHAKRISHNAN RETIRED | PLEADING STAGE |
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 22 Nov 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 21 Oct 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 20 Nov 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Jan 2022Confirm 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 filed49
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 |
|---|---|
| Commencement Certificates / NA Order for plotted developmentFile: Re endrosed CC.pdf | 18 Jan 2022 |
| Declaration about Commencement CertificateFile: Declaration for CC- diwali developers.pdf | 18 Jan 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: REVALIDATION ISSUE LETTER.pdf | 5 Jan 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: ccUT.pdf | 16 Dec 2021 |
| CERSAI detailsFile: CERSAI REPORT.PDF | 16 Dec 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Revalidation Fee Letter.pdf | 6 Dec 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: 0702092072397_signed.pdf | 6 Dec 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: ActiveReport.pdf | 6 Dec 2021 |
| CERSAI detailsFile: Cersai.pdf | 6 Dec 2021 |
| Proforma of Allotment letterFile: Final AFS Clean Diwali Developers 2311.pdf | 23 Nov 2021 |
| Copy of the legal title reportFile: title.PDF | 22 Nov 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER and PLAN 4.pdf | 20 Nov 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER and PLAN 5.pdf | 20 Nov 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER and PLAN 6.pdf | 20 Nov 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER and PLAN 7.pdf | 20 Nov 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER and PLAN 8.pdf | 20 Nov 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER and PLAN 9.pdf | 20 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER and PLAN 4.pdf | 20 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER and PLAN 5.pdf | 20 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER and PLAN 6.pdf | 20 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER and PLAN 7.pdf | 20 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER and PLAN 8.pdf | 20 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER and PLAN 9.pdf | 20 Nov 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Revised Vardhman Pearl.pdf | 11 Nov 2021 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 11 Nov 2021 |
| Layout approvalFile: LAYOUT.PDF | 21 Oct 2021 |
| Details of encumbrancesFile: NO ENCUMBRANCE.pdf | 21 Oct 2021 |
| Copy of Layout Approval (in case of layout)File: LAYOUT.PDF | 21 Oct 2021 |
| Declaration about Commencement CertificateFile: DEC CC.pdf | 21 Oct 2021 |
| Declaration in FORM BFile: promoter.PDF | 18 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-1.pdf | 15 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-2.pdf | 15 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-3.pdf | 15 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-4.pdf | 15 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-5.pdf | 15 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-6.pdf | 15 Oct 2021 |
| Building plan approvalFile: Corrected 8144 Plans-7.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-1.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-2.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-3.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-4.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-5.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-6.pdf | 15 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Corrected 8144 Plans-7.pdf | 15 Oct 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 15 Oct 2021 |
| Building plan approvalFile: AMENDED ISSUE LETTER.pdf | 1 Oct 2021 |
| PAN CardFile: PAN CARD.pdf | 1 Oct 2021 |
| Copy of the legal title reportFile: TITLE.pdf | 1 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: AMENDED ISSUE LETTER.pdf | 1 Oct 2021 |
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 |
|---|---|---|---|---|---|
| VARDHMAN VATIKA E BUILDING | GHODBUNDER ROAD | 28 | Completed | Dec 2019 | Late, Dec 2020 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 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 49 filed documents as one ZIP, foldered, with a manifest
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Builder: DIWALI DEVELOPERS
DIWALI DEVELOPERS has 2 registrations on MahaRERA, including VARDHMAN VATIKA and VARDHMAN PEARL. Its filings disclose 1 earlier MahaRERA project: declares 0 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 VARDHMAN PEARL shows as registration revoked 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 VARDHMAN PEARL is delayed beyond 31 Dec 2024?
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 VARDHMAN PEARL?
The registered promoter entity is DIWALI 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 VARDHMAN PEARL?
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 VARDHMAN PEARL?
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 VARDHMAN PEARL?
The professionals named in the filing: Architect: TARUN MOTTA; Engineer: SHANKEY BAFNA; Chartered Accountant: SHRAVAN GANDHI. 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 VARDHMAN PEARL?
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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