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Registered No litigation declared Others project

VBHC Springwater

By VBHC MUMBAI VALUE HOMES PRIVATE LIMITED

RG-MH-06048 · RERA P99000051828 · Last updated on MahaRERA portal: 20 Apr 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 8 other registrations and every project registered within 2 km.

See what the report covers Free either way: or have every new Palghar registration emailed to you, free during the pilot beta.
Apr 2027Possession promisedno revision filed
15 of 22Construction stages doneacross 2 buildings; furthest along: Installation of Lifts, 90%
71 of 206Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 79 documents Report an error

VBHC Springwater is a Others project by VBHC MUMBAI VALUE HOMES PRIVATE LIMITED in Palghar, Maharashtra, registered with MahaRERA as P99000051828 on 7 Jul 2023. Possession is promised by 30 Apr 2027. 135 of the 206 units on this registration are recorded sold or booked, and 15 of 22 construction stages are filed complete.

At a glance

Project

  • NameVBHC Springwater
  • TypeOthers
  • Location
    • Off Palghar - Manor Highway
    • Abachapada
    • Devkhop
    • Palghar
    • 401404
  • Pincode401404
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P99000051828
  • ReraGenie IDRG-MH-06048

Builder

  • NameVBHC MUMBAI VALUE HOMES PRIVATE LIMITED
  • Entity typeCompany
  • DirectorsPEDDIREDDY ROYAL REDDY, Charanraj D, TNS CHAKRAVARTHI
  • Other registrations8 more →
  • Completed2 of 9
  • No longer live4 lapsed, de-registered or revoked
  • Declared earlier projects17 →

Key dates

this monthRegisteredJul 2023PromisedApr 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on7 Jul 2023
  • Promised completion30 Apr 2027
  • Revised completionNone
  • Buildings2 building records
  • Documents filed79 files

Current status

66%135 of 206 units booked
75.6%Work done, per cost certificate

Figures as on 20 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Type CNA1081920192
Type ENA1001414

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 building2

As on 20 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.

15 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Installation of Lifts, at 90%.

Type C72%
ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
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.90%
Type E73%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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 Tanks0%
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 20 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 & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes90%
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingYes100%

Parking filed422

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 slots422
Closed/Covered317
Open Space105

Land and ownership

Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area8,595 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on21 Jul 2025

Approvals and building plan

Sanctioning authorityCollectorate Office
Permissible FSI11155.24
Proposed, not sanctioned11,155 sq m
Buildings approved2
Buildings sanctioned2

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 branchGround floor centenary building No28 MG road Bangalore 560001
Estimated costRs 112.81 cr
Cost incurredRs 85.30 cr
Work done75.62%
BuildingWingEstimatedIncurred
Type CNARs 37.60 crRs 29.77 cr
Type ENARs 37.60 crRs 27.77 cr
-NARs 37.60 crRs 27.77 cr

Certifying professionals and partners6

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

RoleName
ArchitectTNS Chakravarthi
EngineerRajendra Parpolkar
EngineerAmit kumar Pandey
EngineerPRITAM PRADEEP MEKDE
Chartered AccountantKarthik Subramanian
Chartered AccountantGuru & Jana
PartnerRole in project
VBHC MUMBAI VALUE HOMES PRIVATE LIMITED-

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 6 Jun 2023
  2. Layout approvalOn the file

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

    uploaded 16 Jun 2023
  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 16 Jun 2023
  4. Commencement CertificateOn the file

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

    uploaded 6 Jun 2023Confirm 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 30 Apr 2027

Documents filed79

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.

DocumentUploaded
Withdrawal Update Form 1File: FORM 1 Springwater.pdf20 Apr 2026
Withdrawal Update Form 2File: Palghar Springwater Engineers Certificate.pdf20 Apr 2026
Withdrawal Update Form 3File: Spring Water Rera March 2026.pdf20 Apr 2026
Withdrawal Update Form 1File: Form - 1 - AR Certificate.pdf22 Jan 2026
Withdrawal Update Form 2File: Form - 2 - EC Certificate.pdf22 Jan 2026
Withdrawal Update Form 3File: Form- 3 - Ca Certificate.pdf22 Jan 2026
Withdrawal Update Form 1File: Form 1 - AR Certificate - SW.pdf23 Oct 2025
Withdrawal Update Form 2File: Form 2 - EC Certificate - Sepu002725.pdf23 Oct 2025
Withdrawal Update Form 3File: VBHC Rera Spring Water Sept 25 Qtr.pdf23 Oct 2025
Form 2A (FY 2024-2025)File: VBHC Springwater.pdf3 Oct 2025
Form 5 (FY 2024-2025)File: Form - 5 CA Certificate Fy 2024-25.pdf30 Sep 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1 - Architect Certificate - Mar'25.pdf17 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 - CA Certificate - Mar'25.pdf17 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2 - Engineer Certificate - Mar'25.pdf17 Apr 2025
Disclosure of sold/ booked inventoryFile: Discloure of Interest - Springwater - Mar'25.pdf17 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 - AR Certificate - Springwater.pdf18 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 - CA Certificate - Springwater'Dec'24.pdf18 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 - EC Certificate - Springwater.pdf18 Jan 2025
Disclosure of sold/ booked inventoryFile: Disclosure of sold unsold- Springwater - Dec'24_compressed.pdf18 Jan 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest_ Azhar_Ahmed_VBHC_Mumbai_Private_Limited.pdf20 Dec 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest_ Preethi_Nair_VBHC_Mumbai_Private_Limited.pdf20 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA ceritificate SW Sept 24 QPR Signed.pdf18 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER certificate VBHC Springwater Oct24.pdf18 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: VBHC Springwater CA Certificate FY23-24.pdf17 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR certificate Springwater Oct 24.pdf16 Oct 2024
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Springwater Oct24.pdf16 Oct 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Springwater Format A.pdf12 Aug 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Springwater Format B.pdf12 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2 Er certificate Springwater June24 Signed.pdf17 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3 CA Springwater Rera June 2024 Signed.pdf15 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar certificate Springwater Jun24.pdf4 Jul 2024
Disclosure of sold/ booked inventoryFile: Sold details Springwater Jun24.pdf4 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2 Form 2 Engineer's certificate Springwater Mar 24.pdf14 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3 Form3 Spring Water CAMar 24.pdf14 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1 RP2 Form1AR certificate Mar 24.pdf12 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1 AR certificate Form1 SW Mar 24.pdf12 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2a Form 2A VBHC Springwater Mar 24.pdf12 Apr 2024
Disclosure of sold/ booked inventoryFile: 4 Inventory Sold dtls SW Mar 24.pdf12 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A VBHC Springwater Final.pdf5 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of interest Charanraj.pdf22 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 -Architect's certificate -VBHC SpringwaterDec23.pdf13 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Er certiificate Springwater Dec 23 w.pdf13 Jan 2024
Disclosure of sold/ booked inventoryFile: Sold details Springwater Dec 23_compressed.pdf13 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Springwater Dec 23 w.pdf13 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Springwater Sep 23.pdf14 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Er certificate Springwater Sep 2023.pdf13 Oct 2023
Disclosure of sold/ booked inventoryFile: Sold details Springwater Sep 23.pdf13 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect certificate - Springwater.pdf11 Oct 2023
Proforma of Agreement for saleFile: Revised Model Agreement for sale VBHC Springwater 7Aug 23.pdf9 Aug 2023
Deviation Report with respect to model copy of AgreementFile: Deviation report 7Aug23.pdf9 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Final.pdf3 Jul 2023
Details of encumbrances concerned to FinanceFile: EC Legal Finance.pdf23 Jun 2023
Details of encumbrances concerned to FinanceFile: EC Finance Legal.pdf23 Jun 2023
Details of encumbrances concerned to LegalFile: EC Legal Finance.pdf23 Jun 2023
Details of encumbrances concerned to LegalFile: EC Finance Legal.pdf23 Jun 2023
Declaration about Commencement CertificateFile: Declaration about CC 23Jun23.pdf23 Jun 2023
Proforma of Agreement for saleFile: Revised Agreement for sale VBHC Springwater.pdf23 Jun 2023
Deviation Report with respect to model copy of AgreementFile: 4 Deviation Report Model AFS.pdf23 Jun 2023
Layout approvalFile: Site plan.pdf16 Jun 2023
Building plan approvalFile: Stilt floor plan.pdf16 Jun 2023
Building plan approvalFile: Typical floor plan.pdf16 Jun 2023
Building plan approvalFile: Shops floor plan.pdf16 Jun 2023
Copy of Layout Approval (in case of layout)File: Site plan.pdf16 Jun 2023
Building Plan Approval / NA Order for plotted developmentFile: Stilt floor plan.pdf16 Jun 2023
Building Plan Approval / NA Order for plotted developmentFile: Typical floor plan.pdf16 Jun 2023
Building Plan Approval / NA Order for plotted developmentFile: Shops floor plan.pdf16 Jun 2023
Details of encumbrances concerned to FinanceFile: EC Finance.pdf15 Jun 2023
Details of encumbrances concerned to LegalFile: EC Finance.pdf15 Jun 2023
Deviation Report with respect to Allotment letterFile: Deviation Report Model AL.pdf15 Jun 2023
CERSAI detailsFile: Revised Cersai Declaration.pdf8 Jun 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Separate bank details.pdf8 Jun 2023
PAN CardFile: 1 PAN VBHC mumbai value homes pvt ltd.pdf6 Jun 2023
Copy of the legal title reportFile: 2 Title Report_compressed.pdf6 Jun 2023
Commencement Certificates / NA Order for plotted developmentFile: 7 NA Order_compressed.pdf6 Jun 2023
Declaration in FORM BFile: 11 Declaration in Form B.pdf6 Jun 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: 18a Disclosure of Interest in Other Real Estate Organizations.pdf6 Jun 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: 18b Disclosure of Interest in Other Real Estate Organizations.pdf6 Jun 2023
Proforma of Allotment letterFile: 27 Proforma of Allotment letter Flat ANNEXURE 1.pdf6 Jun 2023
Proforma of Allotment letterFile: 28 Proforma of Allotment letter Shop ANNEXURE 1.pdf6 Jun 2023

Promoter's earlier projects8

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.

1 delivered on promise5 delivered late2 not delivered by the promised date
ProjectLocationFlatsRegisteredStatusPromisedDelivered
VBHC 47 ROWLAND PARK 2P99000034882Abachapada, Palghar-Apr 2022OngoingMar 2025Not delivered
VBHC 47 ROWLAND PARKP99000031952Abachapada, Palghar-Nov 2021OngoingDec 2024Not delivered
VBHC PALMHAVEN - 2 BLOCK -ADoddabelle village Kengeri Hobli Bengaluru South520-CompletedOct 2022Late, Dec 2022
Palmhaven2 Block CDoddabelle village Kengeri Hobli Bengaluru South480-CompletedApr 2019Late, Apr 2019
VBHC GREENDEWDivision Konkan Village Devkhop Taluk Palghar403-CompletedDec 2018Late, Dec 2018
VBHC VAIBHAVAKasaba Hobli Anekal Taluk Bangalore1,854-CompletedMay 2017Late, Oct 2017
VBHC PALMHAVEN Phase IDoddabelle village Kengeri Hobli Bengaluru South208-CompletedApr 2015Apr 2015
VBHC GREENGLADEDivision Konkan Village Devkhop Taluk Palghar350-CompletedOct 2014Late, Oct 2014

How this compares with Palghar

66%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 Abachapada3,200+ in Palghar

2 kmVBHC SpringwaterCompleted 11Lapsed / revoked 5Other 3Dot size: filed unitsN

Filed coordinates, straight-line distance. 19 registered projects within 2 km.

Builder: VBHC MUMBAI VALUE HOMES PRIVATE LIMITED

VBHC MUMBAI VALUE HOMES PRIVATE LIMITED has 9 registrations on MahaRERA, including VBHC Greenglade and VBHC Greendew. Its filings disclose 17 earlier MahaRERA projects: declares 5 of 14 past projects completed on time. Read the full track record. See more projects on the Palghar district page.

Frequently asked questions

What are my rights if VBHC Springwater is delayed beyond 30 Apr 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 VBHC Springwater?

The registered promoter entity is VBHC MUMBAI VALUE HOMES PRIVATE LIMITED, 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 VBHC Springwater?

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 VBHC Springwater?

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 VBHC Springwater?

The professionals named in the filing: Architect: TNS Chakravarthi; Engineer: Rajendra Parpolkar; Engineer: Amit kumar Pandey; Engineer: PRITAM PRADEEP MEKDE; Chartered Accountant: Karthik Subramanian; Chartered Accountant: Guru & Jana. 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 VBHC Springwater?

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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