Pepl Developers Pvt Ltd
Thane · Thane
What registered buyers actually paid
₹13,652 – ₹19,021
per sq ft of carpet, agreement value
Covers 80% of 603 agreements filed with MahaRERA.i
Home
111
Carpet area
522 sq ft
Typical value
₹94.9 lakh
Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book
Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.
Send the checklist to the family group Read it here →Delivery and registration
Vaikunth Cluster 3 Tower 2 is registered with MahaRERA as P51700024580 and the promoter has declared completion for 30 Jun 2027.
30 Jun 2027
declared completion
9months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51700024580 |
| Registered on | 24 Feb 2020 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 9 months to the declared date |
Approvals and compliance
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Vaikunth Cluster 3 Tower 2 record 25 quarterly progress reports since registration.
25quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
Promoter record
Pepl Developers is the promoter of record on 7 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
7projects
registered with MahaRERA
0flagged
by 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 12 Jul 2026
Sales
In Vaikunth Cluster 3 Tower 2, 573 of 635 homes filed with MahaRERA are recorded as sold or booked (550 with registered agreements and 23 booked), about 90%, and 62 remain available.
90%sold
573 of 635 homes
₹386.34 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, ₹328.73 Cr (about 85%) is recorded as collected and ₹57.61 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 573 registered agreements, the effective carpet rate is ₹15,429/sqft, with eight in ten falling between ₹13,646 and ₹18,961 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
Read from MahaRERA on 09 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 603 homes carry one, and 32 of the 635 are recorded unsold. Since we started watching this ledger, 49 homes have moved out of the unsold list, most recently on 09 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 111 | 522 sqft | Rs 94.90 lakh typical, over Rs 76.37 lakh to Rs 1.0548 cr | 40 filed on this stack, floors 2–41 |
A filed consideration is what was registered 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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In Vaikunth Cluster 3 Tower 2, every one of the 32 unsold homes has agreements filed on its own stack. The Sales Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+45 and 635 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Vind | 1 | G+45 | 635 | - |
Unit mix on the filing: 635 residential.
Legal and disputes
7 complaints are on the MahaRERA record for Vaikunth Cluster 3 Tower 2, with orders passed in 4 of them.
7complaints
4with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000292461 | 29/08/2022 | Nitish Bhardwaj vs Primal Estate Private Limited | order passed |
| CC006000000429573 | 09/03/2024 | Mrityunjay Kumar Kushwaha vs Piramal Estates Private Limited | order passed |
| CC12502602 | 28/07/2025 | SANDESH SANGLE vs Piramal Estate Private Limited | pending / no order on file |
| CC12504682 | 30/12/2025 | Jagannath Deodatta Nadkarni vs PEPL Developers Pvt Ltd | pending / no order on file |
| CC12600670 | 05/02/2026 | PEPL Developers Pvt Ltd vs Hitendra Vijay Desai Chheda | order passed |
| CC12600676 | 05/02/2026 | PEPL Developers Pvt Ltd vs Kalika Sandeep Vichare | order passed |
| CC12601464 | 16/03/2026 | PEPL Developers Pvt Ltd vs Kishor Mahadeo Rewdekar | pending / no order on file |
The promoter has declared 4 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Mumbai | 83 | 2015 | Ongoing |
| Before The Minister For Revenue And Forest | RTS 2717 27 PRA KA 1 J 4 | 2016 | Ongoing |
| Before Sdo At Thane | 55 | 2023 | Closed |
| Before Tahasildar | 70 | 2023 | Ongoing |
The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Jun 2027 | 1. The delay was occasioned due to the unavoidable and mandatory revision of the sanctioned plans arising from site specific constraints and compulsory compliance with statutory ca |
Located at Thane , Balkum road , Mumbai City, Mumbai City, 400608. Per the filed land record, the plot is bounded to the north by N58772E309426 N66127E312188, to the south by N75350E260288 N66943E257131, to the east by N87870E298690 N92229E287081 and to the west by N42755E281750 N47114E270141. These are the boundaries as recorded in the filed land record.
🔒 What I’d do as a buyer here · Drawings Report
The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.
🔒 Which home to ask for · Drawings Report
The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.
The approved drawings
Everything above is on this page already, free, from the government record. The drawings are different: the 9 approved sheets are the same drawings the builder filed to get Vaikunth Cluster 3 Tower 2 approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.
What that turns up — from other projects’ filings:
ATS Knightsbridge · Sector 124, Noida
You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.
Oberoi Elysian · Goregaon East, Mumbai
“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.
Godrej Aristocrat · Sector 49, Gurugram
Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.
Prestige Camden Gardens · Thanisandra, Bengaluru
The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.
Buying in Vaikunth Cluster 3 Tower 2?
The completion date has been revised 1 time on the register. We read the 9 approved drawings on Vaikunth Cluster 3 Tower 2’s file and tell you which homes we would ask for, what sits around them, and what to get in writing before you pay the token.
This page is the free MahaRERA filing summary on Vaikunth Cluster 3 Tower 2. Both readings below are built from that same filing. See a real one first:
Sales Report sample: Palmspring Towers → · Drawings Report sample: Oberoi Elysian – Tower A → · browse all sample reports →
Payment is confirmed automatically. The Sales Report is delivered on payment. The Drawings Report is 1 working day. We email the link, so you can close the tab.
Sales Report · ₹2,999
Every home still unsold, beside what was filed for the same home on other floors · delivered on payment
Not useful to your decision? Full refund — no questions asked.
Drawings Report · ₹4,999
Every drawing on file, read — which home to ask for · 1 working day
Not useful to your decision? Full refund — no questions asked.
Paying from outside India? Pay $35 (Sales Report) and $59 (Drawings Report) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes, and send the 14-point booking checklist with the first email.
Pepl Developers Pvt Ltd is the promoter on 7 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.
Last checked against the RERA register: 10 Sep 2026