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MH
Thane
P51700033430
RERA ID: P51700033430
Project Name: The Palace Tower B
Project Type: Others
Project Status: New Project *
* Projects that started May 2017 onwards, after RERA was implemented.
2028-12-31
Proposed Date of Completion
 

While Developers may verbally quote early handover dates, please note that RERA authorities would only consider the official completion dates when hearing any complaints.
Project Address:
Vinay Nagar, Vinay Nagar Road, Mira-Bhayandar (M Corp.), Thane-401107

Plot Bearing No / CTS no / Survey Number/Final Plot no.:
118/4 pt, 118/7 pt, 118/8 pt, 125/1 pt, 125/2 pt, 125/3, 125/4, 125/5A, 125/6/3, 125/7/2, 126/1 pt, 126/2 pt, 126/3, 126/4, 126/5 pt, 126/6, 127/1 pt, 127/3 pt, 134/1 pt, 134/2 pt, 134/3 pt, 134/4 pt, 134/5A pt, 134/8/2 and 135/3 pt

Boundaries:
The Palace Tower C
18 mt wide roadN 118-9 126-2pt 126-5pt
WE
S
134-2

The location of a project plays a very important role in its market value. The developers should invariably maintain correct location in RERA records. Potential customers should always verify the correctness of the location record.

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: 10223 sq.mt.
Sanctioned Built-up Area: 50164 sq.mt.
Recreational Open Space: 0 sq.mt.
No. of Buildings sanctioned: 1
No. of Floors sanctioned: 40
No. of Plinths: 1
No. of Podiums: 9
No. of Stilts: 1
No. of Closed Parking: 65

Units on Offer and Availability
Category Carpet Area No of Units Units already Booked / Sold
1BHK 405 to 430 sq ft 611 206
2BHK 578 sq ft 138 86
3BHK 798 to 1009 sq ft 54 44
Shop 209 to 495 sq ft 24 24
56.47%
Availability by number of Units
53.86%
Availability by Carpet Area
Project Developer:
JP Infra Realty Private Limited
Organization Type: Company

Address: 3Rd Floor, Viraj Towers, Western Express Highway, Andheri East, Near Weh Metro Station, Andheri, Mumbai Suburban-400093

Office Phone: +91 22424 15678
Website URL: www.jpinfra.com


Member details:
Member Name Designation
Jambu Kumar Jain Authorized Signatory


Co-Promotors:
Promoter Name Promoter(Land Owner/ Investor) Type Type of Agreement/ Arrangement
M/s. Salasar Estate Developers LLP Partnership Area Share
Harish B Agrawal (HUF) Others Area Share
Anand R Agrawal (HUF) Others Area Share
SPH AGRO FARMS & ESTATES PRIVATE LIMITED Company Area Share


Other Professionals involved:
Professional Name Professional Type
M/s G and K Construction Contractor
Rajesh Khandeparkar of M/s. Urbdes Architect
Rohit Krishna Gorule Engineer
Vijay Joshi Engineer
CAS & CO Chartered Accountant
GA Design Other Professional
JW Consultants LLP Other Professional
M/s. MEP Consulting Engineers Other Professional
New Arch Landscapes LLP Other Professional


Projects in the state by this developer:
P51700054275 - Codename StarLife - Thane
P51700053522 - North Westend Tower 1 - Thane
P51700033431 - The Palace Tower C - Thane
P51700033430 - The Palace Tower B - Thane
P51700023940 - JP North Aviva - Thane
P51700019783 - JP North Imperia - Tower 2 - Thane
P51700019613 - JP North Imperia - Tower 1 - Thane
P51700016736 - JP North Alexa - Thane
P51700016290 - JP North Euphoria - Thane
P51700008916 - JP North Estella - Thane
…and 2 more
Litigations

Active Litigations related to the project ? Yes

Cases
Court Name Case Number Case Type Petition Name Year Present Status
Bombay High Court 12056 Civil Writ Petition 2017 Application allowed for deletion of suit properties
District Court Thane 11 Civil Other 2019 Application allowed for deletion of suit properties
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!

Introducing The Palace Tower B: A New Luxury Development in Mira-Bhayandar

The Palace Tower B, a new real estate project in the burgeoning city of Mira-Bhayandar, Maharashtra, promises to redefine luxury living. Developed by JP Infra Realty Private Limited, this upcoming project is registered with MahaRERA under ID P51700033430 and boasts an impressive array of features and amenities.

The project is located in Vinay Nagar, a desirable locality known for its peaceful ambiance and proximity to essential amenities. The Palace Tower B enjoys a strategic location on Vinay Nagar Road, with easy access to the bustling city center and major thoroughfares.

Occupying a substantial plot spanning over 10,223 square meters, the project comprises a single, imposing tower rising to an impressive 40 floors. With a sanctioned FSI of 50,164, The Palace Tower B offers a generous built-up area, providing residents with ample space and a sense of exclusivity.

While the project is currently in its nascent stages, it is set to deliver a truly exceptional living experience. The meticulously planned design incorporates a plethora of amenities, catering to the diverse needs of discerning residents. These include a well-equipped gymnasium, a spacious podium spanning over nine levels, a dedicated play area for children, and secure closed parking spaces for 65 vehicles.

The Palace Tower B is designed to meet the highest standards of modern living, promising a lifestyle of comfort and convenience. However, it’s important to note that the project has been subject to legal disputes. Potential investors should conduct thorough due diligence and consult with legal counsel to understand the full implications of these litigations before making any investment decisions.

Despite the ongoing legal issues, The Palace Tower B holds immense potential as a landmark development in Mira-Bhayandar. The project’s strategic location, premium amenities, and spacious living spaces are likely to attract a significant number of buyers seeking a luxurious and comfortable lifestyle.

For further information and updates on the project, please visit the developer’s website: www.jpinfra.com or contact their office directly at 2242415678.

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
1BHK 37.66 224 91
1BHK 38.69 315 95
1BHK 40 72 20
2BHK 53.72 138 86
3BHK 74.19 52 44

 

New documents listed below were uploaded to the Documents section:

  • 6 b Details of encumbrances concerned to Legal
  • 8 Disclosure of sold/ booked inventory
  • 1 Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)
  • 8 a Details of encumbrances concerned to Finance

 

New Promoter added under Co-Promoter section

Promoter Name Promoter(Land Owner/ Investor) Type Type of Agreement/ Arrangement
SPH AGRO FARMS & ESTATES PRIVATE LIMITED Company Area Share

 

New documents listed below were uploaded to the Documents section:

  • 9 Engineer’s Certificate on Cost Incurred on Project (Form 2)
  • 8 Engineer’s Certificate on Cost Incurred on Project (Form 2)

 

New documents listed below were uploaded to the Documents section:

  • 7 Disclosure of sold/ booked inventory

 

New documents listed below were uploaded to the Documents section:

  • 5 b Details of encumbrances concerned to Legal
  • 7 a Details of encumbrances concerned to Finance
  • 5 CERSAI details

 

New documents listed below were uploaded to the Documents section:

  • 10 Architect’s Certificate of Percentage of Completion of Work (Form 1)

 

Progress updated under Buildings section

Bldg No. Tasks / Activity Percentage of Work
1 X number of Slabs of Super Structure 13
1 Internal walls, Internal Plaster, Floorings within Flats/Premises, Doors and Windows to each of the Flat/Premises 8
1 Overall Percentage of Completion of the work done For the entire Building /Wing 12.1

 

There are modifications under Cases section

Court Name Case Number Case Type Petition Name Year Present Status
Bombay High Court 12056 Civil Writ Petition 2017 Application allowed for deletion of suit properties
District Court Thane 11 Civil Other 2019 Application allowed for deletion of suit properties

 

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
1BHK 37.66 224 81
1BHK 38.69 315 83
1BHK 40 72 18
2BHK 53.72 138 70
Shop 22.21 6 6

 

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 2021-22)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)
  • Architect’s Certificate of Percentage of Completion of Work (Form 1) [9]
  • Building Plan Approval / NA Order for plotted development [11]
  • CERSAI details [4]
  • Commencement Certificates / NA Order for plotted development [2]
  • Copy of Layout Approval (in case of layout) [2]
  • Copy of the legal title report [2]
  • Declaration about Commencement Certificate [2]
  • Declaration in FORM B
  • Details of encumbrances [2]
  • Disclosure of sold/ booked inventory [6]
  • Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)
  • Engineer’s Certificate on Cost Incurred on Project (Form 2) [7]
  • Other [2]
  • Proforma of Allotment letter [2]
  • a Details of encumbrances concerned to Finance [4]
  • b Details of encumbrances concerned to Legal [4]

 

 

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