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MH
Thane
P51700003283
RERA ID: P51700003283
Project Name: Vaikunth Cluster 4
Project Type: Residential
Project Status: On-Going Project *
* Projects that were already under development in May 2017, when RERA was implemented.
2023-12-30
Revised Proposed Date of Completion
The project missed completion date 1 time(s) earlier (2022-12-31).
The Occupancy Certificate (OC) is seen uploaded to the Documents section on the MahaRERA portal. Please check and confirm its validity and whether it is for full or partial occupancy.
Project Address:
Thane West, Balrum Road, Thane (M Corp.), Thane-400608

Plot Bearing No / CTS no / Survey Number/Final Plot no.:
No 7/1 to 14, 8/1to37, 39to42, 9/1to17, 10/2to9, 10/10A,10/10B,10/11to18, 99/13B, 15B, 100/14A,15B,1

Boundaries:
N 236464 E-10696
N 205250 E-93819N N 163188 E 16660
WE
S
N 149953 E-18587

Project location map below based on coordinates provided by the developers to MahaRERA.
If this points to the wrong location, please notify the developers.



Key Details
Total Project Area: 5703 sq.mt.
Sanctioned Built-up Area: 27302 sq.mt.
Recreational Open Space: 1435 sq.mt.
No. of Buildings sanctioned: 2
No. of Floors sanctioned: 79
No. of basements: 2
No. of Plinths: 2
No. of Podiums: 10
No. of Closed Parking: 494

Units on Offer and Availability
Category Carpet Area No of Units Units already Booked / Sold
1BHK 495 to 592 sq ft 10 2
2BHK 505 to 775 sq ft 350 280
3BHK 1054 to 1065 sq ft 38 38
4BHK 1065 to 1076 sq ft 29 5
23.89%
Availability by number of Units
24.69%
Availability by Carpet Area
Project Developer:
Piramal Estate Private Limited
Organization Type: Company

Address: 8Th Floor, Piramal Tower, Ganapat Rao Kadam Marg, Lower Parel West, Peninsula Corporate Park, Mumbai City-400013

Office Phone: +91 22335 14000
Website URL: www.piramalrealty.com


Member details:
Member Name Designation
Nagamallesh Gattu Authorized Signatory
Sejal Bhanose Company Secretory


Other Professionals involved:
Professional Name Professional Type
Scapes Earth Architect
Buro Happold Other Professional
Gleeds Consulting India Pvt Ltd Engineer
D. B. KETKAR & CO. Chartered Accountant


Projects in the state by this developer:
P51700024580 - Vaikunth Cluster 3 Tower 2 - Thane
P51700024023 - Vaikunth Cluster 3 T1 - Thane
P51700005256 - Vaikunth Cluster 4A - Thane
P51700003793 - Vaikunth Cluster 2 - Thane
P51700003535 - Vaikunth Cluster 1 - Thane
P51700003283 - Vaikunth Cluster 4 - Thane
Litigations

Active Litigations related to the project ? Yes

Cases
Court Name Case Number Case Type Petition Name Year Present Status
MahaRERA Appellate Tribunal AT006000000052980 Civil Appeal 2021 Disposed Off
MAHARERA AUTHORITY CC006000000182082 Civil Other 2020 Disposed off
District Consumer Redressal Forum Mumbai 143 Civil Other 2022 ONGOING
Before SDO at Thane 55 Civil Appeal 2023 Ongoing
District Consumer Forum Thane 777 Civil Other 2022 Ongoing
High Court Mumbai 83 Others Writ Petition 2015 Ongoing
Before the Minister for Revenue and Forest RTS 2717 27 PRA KA 1 J 4 Others Suit 2016 Ongoing
Complaints

Complaint No Complainant Name
CC006000000171522 NITIN WAMAN DANDEKAR
CC006000000161372 OMPRAKASH SHIVNATH MEHTA
CC006000000192116 Chirag P Joshi & Svetaben C Joshi
CC006000000194329 JAYPRAKASH RAMRAJ YADAV
CC006000000182082 Mrs. Asha Ritesh Singla
CC006000000182082 Mr. Ritesh Singla
When this data gets the AI treatment, it churns out conclusions like the one below. But hey, a Real Intelligence like yourself, would go a step further by visiting the project site, meeting the people involved, carefully analyzing all the options, and then making an informed decision. Right? Happy hunting!

Vaikunth Cluster 4: A Modern Residential Development in Thane West

Vaikunth Cluster 4, a project by Piramal Estate Private Limited, is an ongoing residential development located in the heart of Thane West, Maharashtra. Registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) under ID P51700003283, the project encompasses a sprawling 5703 sq. mtrs. plot of land and is expected to be completed by December 30th, 2023.

The project is situated on Balrum Road in Thane West, with its boundaries extending to N 163188 E 16660 in the East, N 205250 E-93819 in the West, N 236464 E-10696 in the North and N 149953 E-18587 in the South. The development offers a variety of unit types catering to diverse needs, including 1BHK, 2BHK, 3BHK and 4BHK apartments ranging from 495 to 1076 sq. ft. in size.

Vaikunth Cluster 4 is designed to provide a modern and comfortable living experience with an emphasis on sustainable design and luxurious amenities. The project comprises two buildings with a total of 79 sanctioned floors, including two basements, two plinths and ten podiums.

Key Project Highlights:

  • RERA Registered: Ensuring transparency and accountability in project development and completion.
  • Prime Location: Situated in the sought-after Thane West locality, providing easy access to essential amenities and well-connected to major transportation hubs.
  • Variety of Unit Types: Catering to the needs of diverse residents with options ranging from compact 1BHK to spacious 4BHK apartments.
  • Modern Amenities: Featuring a host of amenities designed for convenience and lifestyle enhancements, including closed parking facilities for 494 vehicles.
  • Sustainable Design: Emphasizing environmental sustainability through efficient construction practices and eco-friendly features.

Project Status and Ongoing Litigation:

While the project is ongoing and expected to be completed by December 30th, 2023, it is important to note that there are litigations associated with Vaikunth Cluster 4. This information should be carefully considered by prospective buyers.

Investment Potential:

Vaikunth Cluster 4 offers an attractive investment opportunity due to its strategic location and well-planned development. The project’s proximity to essential amenities, excellent connectivity and high quality construction are expected to contribute to strong capital appreciation and rental yields.

Prospective buyers are advised to carefully review all project documentation, including the MahaRERA registration details and the legal information pertaining to the ongoing litigations, before making an informed investment decision.

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
2BHK 47 214 180
2BHK 63 5 4
2BHK 72 4 3
4BHK 100 4 4
4BHK 99 25 1

 

There are modifications under Cases section

Court Name Case Number Case Type Petition Name Year Present Status
MahaRERA Appellate Tribunal AT006000000052980 Civil Appeal 2021 Disposed Off

 

New documents listed below were uploaded to the Documents section:

  • 1 Architect’s Certificate on Completion of Project (Form 4)
  • 18 Certificates of Engineer (Form 2)(Mandatory for only ongoing project)
  • 12 Disclosure of sold/ booked inventory
  • 8 Other
  • 19 Certificates of Architect (Form 1)(Mandatory for only ongoing project)

 

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
2BHK 47 273 181
2BHK 51 66 33

 

Progress updated under Buildings section

Bldg No. Tasks / Activity Percentage of Work
1 Internal walls, Internal Plaster, Floorings within Flats/Premises, Doors and Windows to each of the Flat/Premises 100
1 Sanitary Fittings within the Flat/Premises,Electrical Fittings within the Flat/Premises 85
1 Staircases, Lifts Wells and Lobbies at each Floor level connecting Staircases and Lifts, Overhead and Underground Water Tanks. 100
1 The external plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building/Wing 100
1 Installation of lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings to Common Areas, electro, mechanical equipment, Compliance to conditions of environment /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 Obtain Occupation /Completion Certificate 100
1 Overall Percentage of Completion of the work done For the entire Building /Wing 88.5
2 Internal walls, Internal Plaster, Floorings within Flats/Premises, Doors and Windows to each of the Flat/Premises 100
2 Sanitary Fittings within the Flat/Premises,Electrical Fittings within the Flat/Premises 65
2 Staircases, Lifts Wells and Lobbies at each Floor level connecting Staircases and Lifts, Overhead and Underground Water Tanks. 100
2 The external plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building/Wing 100
2 Installation of lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings to Common Areas, electro, mechanical equipment, Compliance to conditions of environment /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 Obtain Occupation /Completion Certificate 100
2 Overall Percentage of Completion of the work done For the entire Building /Wing 86.5

 

Progress updated under Ameneties section

Common areas And Facilities, Amenities Percent Details
Solid Waste Management And Disposal : 100 Work yet to be started
Community Buildings : 95 Work yet to be started
Street Lighting : 100 Work yet to be started
Landscaping & Tree Planting : 100 Work yet to be started
Water Supply : 100 Work yet to be started
Electrical Meter Room, Sub-Station, Receiving Station : 100 Receiving Station- As a part of larger layout
Internal Roads & Footpaths : 100 Work yet to be started
Sewerage (Chamber, Lines, Septic Tank , STP) : 100 Work yet to be started

 

Documents listed below were found uploaded on the first day this project was indexed. More documents, whenever uploaded, will be shared as posts on dates of upload.

  • Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)
  • Building Plan Approval (IOD) [4]
  • CERSAI details
  • Certificates of Architect (Form 1)(Mandatory for only ongoing project) [18]
  • Certificates of CA (Form 5) [3]
  • Certificates of Engineer (Form 2)(Mandatory for only ongoing project) [17]
  • Commencement Certificates / NA Order for plotted development [7]
  • Copy of Layout Approval (in case of layout) [5]
  • Copy of the legal title report
  • Declaration about Commencement Certificate
  • Declaration in FORM B
  • Details of encumbrances [5]
  • Disclosure of sold/ booked inventory [11]
  • Occupancy Certificate/ Completion Certificate/ Architect’s certificate of completion for plotted development
  • Other [7]
  • Proforma of Allotment letter [3]
  • Status of Formation of Legal Entity (Society/Co Op etc.)

 

 

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