Vaikunth Cluster 2: A New Residential Project in Thane West

Vaikunth Cluster 2, a new residential project by Piramal Estate Private Limited, promises to be a landmark development in Thane West. Situated on Balkum Road, this project boasts a strategic location with easy access to essential amenities and well-connected transportation networks. With a RERA ID of P51700003793, this project is designed to deliver a modern and comfortable lifestyle for its residents.

The project is spread across a total plot area of 4862 sq. meters and comprises two buildings with a sanctioned FSI of 34561. This translates to a substantial built-up area, accommodating a total of 553 residential units. The project offers a diverse range of apartments, including 2BHK units ranging from 635 to 742 sq. ft. and 3BHK units spanning 871 sq. ft.

Vaikunth Cluster 2 aims to cater to the needs of modern families, offering a host of amenities. These include 2 plinths, 10 podiums, 80 sanctioned floors, and 686 closed parking spaces. Furthermore, the project boasts a dedicated recreational open space of 1266 sq. meters, ensuring residents have ample opportunities to relax and enjoy their surroundings.

It is important to note that Vaikunth Cluster 2 is currently facing litigation, a factor potential buyers should consider carefully. This information, along with the project’s proposed completion date of December 30th, 2024, should be factored into any investment decisions.

Piramal Estate Private Limited, a renowned real estate developer, brings years of experience and expertise to this project. Their commitment to quality construction and customer satisfaction is evident in their previous ventures.

For those seeking a modern and well-equipped residential space in Thane West, Vaikunth Cluster 2 presents a compelling opportunity. However, due to the ongoing litigation, it is crucial to conduct thorough due diligence and seek professional advice before making any investment decisions.

N 162894 E 184135
N 95400 E 150409 N 146815 E 131102	N		N 152417 E 208674 N 93506 E 201378
	W	E
	S
N 91427 E 105153 N 88051 E 96647

Category	Carpet Area	No of Units	Units already Booked / Sold
2BHK	635 to 742 sq ft	482	459
3BHK	871 sq ft	71	61

Member Name	Designation
Nagamallesh Gattu	Authorized Signatory
Sejal Bhanose	Company Secretory

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

Court Name	Case Number	Case Type	Petition Name	Year	Present Status
BOMBAY HIGH COURT	11439	Civil	Appeal	2021	Disposed off
MAHARERA AUTHORITY	CR006000000194758	Civil	Other	2020	disposed off
Bombay High Court	11439	Civil	Other	2021	Disposed off
Before SDO at Thane	55	Civil	Appeal	2023	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
Before Tahasildar	70	Civil	Other	2023	ONGOING

Complaint No	Complainant Name
CC006000000089770	Mr. Dinesh R. Humane & Mrs. Ranjana D. Humane
CC006000000196903	Meenu Jain
CC006000000196903	Shival Jain
CC006000000196904	Manju Agrawal
CC006000000196904	Raju Agrawal
CC006000000194758	Sanjay Wategaonkar
CC006000000194758	Sai Wategaonkar

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	89
1	Sanitary Fittings within the Flat/Premises,Electrical Fittings within the Flat/Premises	80
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	95
1	Overall Percentage of Completion of the work done For the entire Building /Wing	86.4
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	95
2	Overall Percentage of Completion of the work done For the entire Building /Wing	89.5

Common areas And Facilities, Amenities	Percent	Details
Solid Waste Management And Disposal :	95	Work yet to be started
Treatment And Disposal Of Sewage And Sullage Water :	80	STP is common facility as a part of larger layout
Community Buildings :	85	Part of larger layout
Street Lighting :	50	Work yet to be started
Landscaping & Tree Planting :	50	Work yet to be started
Storm Water Drains :	95	As per statutory requirements
Sewerage (Chamber, Lines, Septic Tank , STP) :	95	Work yet to be started
Aggregate area of recreational Open Space :	70	Work yet to be started
Water Conservation, Rain water Harvesting :	90	Work yet to be started
Internal Roads & Footpaths :	95	Work yet to be started

Common areas And Facilities, Amenities	Percent	Details
Water Supply :	100	Work yet to be started
Sewerage (Chamber, Lines, Septic Tank , STP) :	60	Work yet to be started
Internal Roads & Footpaths :	15	Work yet to be started
Fire Protection And Fire Safety Requirements :	100	As per statutory requirements
Electrical Meter Room, Sub-Station, Receiving Station :	100	Work yet to be started
Treatment And Disposal Of Sewage And Sullage Water :	10	STP is common facility as a part of larger layout
Community Buildings :	60	Part of larger layout

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	86
1	Sanitary Fittings within the Flat/Premises,Electrical Fittings within the Flat/Premises	77
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	70
1	Overall Percentage of Completion of the work done For the entire Building /Wing	83.3
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	100
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	70
2	Overall Percentage of Completion of the work done For the entire Building /Wing	87

Apartment Type	Carpet Area (in Sqmts)	Number of Apartment	Number of Booked Apartment
2BHK	59	269	247
2BHK	60	198	193
3BHK	81	71	58