Mumbai/Project record

MahaRERA · the public record

PALAI TOWERS

SV Road · N D DEVELOPERS

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26units filed as unsoldInventory · 22 October 2026
31 Dec 2026declared completionMahaRERA registration · read 18 Jul 2026
217registered unitsMahaRERA registration · read 18 Jul 2026

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Registration read 18 Jul 2026

RERA details for PALAI TOWERS

MahaRERA · P51800010465

Delivery and registration

When is the project declared for completion?

PALAI TOWERS is registered with MahaRERA as P51800010465 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

2months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 18 Jul 2026

MahaRERA registrationP51800010465
Registered on27 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today2 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for PALAI TOWERS record 1 quarterly progress report since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 18 Jul 2026

  • Filing progress reports — 1 quarterly progress report on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

N D DEVELOPERS is the promoter of record on 5 projects registered with MahaRERA.

5projects

registered with MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 18 Jul 2026

Construction

How much construction cost has been reported?

In PALAI TOWERS, ₹179.45 Cr of a declared ₹235.29 Cr estimated project cost is reported as incurred, about 76.3%, as at the last certified filing with MahaRERA.

76.3%

₹179.45 Cr

of ₹235.29 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 18 Jul 2026

Sales

How many are filed as sold or booked?

In PALAI TOWERS, 191 of 217 units filed with MahaRERA are recorded as sold or booked, about 88%, and 26 are filed as unsold.

88%sold or booked

191 of 217 units

₹425.51 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹286.55 Cr (about 67%) is recorded as collected and ₹138.96 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 18 Jul 2026

Filed agreement values: across 191 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹16,254/sqft, with eight in ten falling between ₹11,318 and ₹28,460 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the unit.

FloorUnitCarpetGovt reckoner value
Floor 4B-1041,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-19021,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-1903918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-19041,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2001918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2003918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-21021,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2103918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2201918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2203918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2303918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2401918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-24021,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2403918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2501918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-25021,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2503918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-2601918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-26021,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2603918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-27021,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2703918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-27041,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-2803918 sqft (85.28 sqm)₹1.25 Cr
Floor 4B-28041,343 sqft (124.77 sqm)₹1.83 Cr
Floor 4B-501918 sqft (85.28 sqm)₹1.25 Cr

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, unit by unit

Read from MahaRERA on 22 October 2026

MahaRERA publishes, unit by unit, what this promoter filed: which units are sold and which are not, the RERA carpet area of each, and for sold or booked entries the filed agreement value — the consideration filed for that specific unit. On this project 191 units carry one, and 26 of the 217 are recorded unsold.

Here is one unit filed as unsold, beside the amounts filed for comparable units:

UnitCarpetFiled comparisonBased on
B-1041,343 sqftRs 2.17 cr typical, over Rs 1.21 cr to Rs 3.97 cr
6 unusually low or high filed amounts are included in this range. Check the individual entries before using it to discuss a price.
24 filed · number pattern + area (within 2%), same building

A filed consideration is the amount the promoter reported for one unit. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the unit is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In PALAI TOWERS, every one of the 26 unsold units has filed sales to compare with. The Sales Report gives each of them its own row — the filed agreements behind its comparison listed in full, the government reckoner value the promoter filed against it, and mortgage status where the filing supplies it. Missing mortgage information is not confirmation that a unit is free of a mortgage. Built from the filing itself, sent by email.

See the other 25 units — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+41 and 217 units are registered across the project.

BuildingWingsFloorsUnitsDeclared completion
PALAI TOWERS1G+41217-

Unit mix on the filing: 213 residential and 4 non-residential.

Legal and disputes

What disputes are disclosed?

7 complaints are on the MahaRERA record for PALAI TOWERS, with orders passed in 5 of them.

7complaints

5with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 18 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000019551004/01/2021N D DEVELOPERS vs ND DEVELOPERSorder passed
CC00600000019780130/07/2021Mushtaq A. Kasmani vs N.D. Developersorder passed
CC00600000019780330/07/2021Vasim A Kasmani vs N.D. Developersorder passed
CC00600000019780430/07/2021Jabin M. Kasamani vs N.D. Developersorder passed
CC00600000019780630/07/2021Sain V. Kasmani vs N.D. Developersorder passed
CC00600000042900621/02/2024M/s N D Developers vs Mr. Altaz Shabudin Ratnanipending / no order on file
CC1250195916/06/2025Manoj Kumar vs N D DEVELOPERSpending / no order on file

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 5 times, as recorded on the register.

FromExtended toStated reason
as registered30 Jun 2022Dear Sir, With reference to the captioned subject, we would like to inform your goodself that our project ‘Palai Tower’ is registered on the MahaRERA webportal vide Registration
30 Jun 202231 Dec 2023The Secretary, Maharashtra Real Estate Regulatory Authority 3rd Floor, A-Wing, Slum Rehabilitation Authority, Administrative Building, Anant Kanekar Marg, Bandra (E), Mumbai 40
31 Dec 202331 Dec 2024Dear Sir/Madam We are applying for extension of date of completion to 31/12/2024. There has been a delay due to obtaining permissions required for further construction of the bu
31 Dec 202431 Dec 2025Dear Sir/Madam
31 Dec 202531 Dec 2026Dear Sir/Madam, please refer annexure for reason for delay

Location, Land & Connectivity

Located at SV Road, Piramal Nagar, Mumbai City, Mumbai City, 400062. Per the filed land record, the plot is bounded to the north by PIRAMAL NAGAR, to the south by PATKAR COLLGEE, to the east by GOREGAON RAILWAY STN and to the west by S V ROAD. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest of the listed job hubs is about 5 km in a straight line from the mapped location. Road distance and travel time will differ.

LandmarkStraight-line
Andheri MIDC / SEEPZ5 km
Powai / Hiranandani business park8 km
Chhatrapati Shivaji Int'l Airport9 km
Bandra Kurla Complex (BKC)12 km
Lower Parel / Worli business district19 km
Nariman Point / Fort27 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Registration details and regulatory notices are drawn from the held MahaRERA record. See more Mumbai, Thane & the MMR projects.

Registration last seen on RERA: 25 Oct 2026. Document and inventory dates are shown in their sections.