Vardhman Developers LTD
Ghodapdeo · Mumbai City
What registered buyers actually paid
₹25,678 – ₹34,088
per sq ft of carpet, agreement value
Covers 80% of 73 agreements filed with MahaRERA.i
Home
4103
Carpet area
745 sq ft
Typical value
₹2.36 cr
Independent analysis · Quietlist · Bengaluru
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Send the checklist to the family group Read it here →Delivery and registration
VARDHMAN FLORA PHASE I is registered with MahaRERA as P51900008829 and the promoter has declared completion for 31 Dec 2026.
31 Dec 2026
declared completion
3months 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 | P51900008829 |
| Registered on | 19 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to the declared date |
Approvals and compliance
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for VARDHMAN FLORA PHASE I record 36 quarterly progress reports since registration.
36quarterly 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
Vardhman Developers Ltd is the promoter of record on 28 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
28projects
registered with MahaRERA
3flagged
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 VARDHMAN FLORA PHASE I, 73 of 113 homes filed with MahaRERA are recorded as sold or booked, about 65%, and 40 remain available.
65%sold
73 of 113 homes
₹174.68 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, ₹89.82 Cr (about 51%) is recorded as collected and ₹94.49 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 73 registered agreements, the effective carpet rate is ₹31,675/sqft, with eight in ten falling between ₹25,678 and ₹34,088 — 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 home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 12 | 1201 | 735 sqft (68.31 sqm) | ₹1.15 Cr |
| Floor 15 | 1501 | 813 sqft (75.5 sqm) | ₹1.27 Cr |
| Floor 18 | 1801 | 809 sqft (75.14 sqm) | ₹1.15 Cr |
| Floor 19 | 1901 | 735 sqft (68.31 sqm) | ₹1.15 Cr |
| Floor 19 | 1902 | 741 sqft (68.88 sqm) | ₹1.16 Cr |
| Floor 19 | 1903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 22 | 2202 | 741 sqft (68.88 sqm) | ₹1.16 Cr |
| Floor 29 | 2902 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 29 | 2903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 34 | 3403 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 35 | 3503 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 36 | 3603 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 37 | 3703 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 39 | 3903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 41 | 4103 | 745 sqft (69.22 sqm) | ₹1.39 Cr |
| Floor 43 | 4302 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 45 | 4501 | 813 sqft (75.5 sqm) | ₹1.27 Cr |
| Floor 46 | 4603 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 47 | 4702 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 48 | 4801 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 48 | 4802 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 48 | 4803 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 49 | 4901 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 49 | 4902 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 49 | 4903 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 50 | 5001 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 50 | 5002 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 50 | 5003 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 51 | 5102 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 51 | 5103 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 52 | 5201 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 52 | 5202 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 53 | 5301 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 53 | 5302 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 53 | 5303 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 54 | 5401 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 54 | 5402 | 745 sqft (69.22 sqm) | ₹1.17 Cr |
| Floor 54 | 5403 | 974 sqft (90.45 sqm) | ₹1.53 Cr |
| Floor 8 | 803 | 961 sqft (89.31 sqm) | ₹1.51 Cr |
| Floor 9 | 903 | 961 sqft (89.31 sqm) | ₹1.51 Cr |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
Read from MahaRERA on 04 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 73 homes carry one, and 40 of the 113 are recorded unsold.
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 |
|---|---|---|---|
| 4103 | 745 sqft | Rs 2.3600 cr typical, over Rs 23.00 lakh to Rs 2.9117 cr | 40 filed at this size |
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. 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 VARDHMAN FLORA PHASE I, every one of the 40 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+56 and 113 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| AAA | 1 | G+56 | 113 | - |
Unit mix on the filing: 113 residential.
Legal and disputes
3 complaints are on the MahaRERA record for VARDHMAN FLORA PHASE I, with orders passed in 3 of them.
3complaints
3with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000196105 | 22/02/2021 | Mrs. Mangal Namdev Shinde vs M/s Vardhman Developers Ltd. | order passed |
| CC006000000196106 | 22/02/2021 | NAMDEV DHONDIBA SHINDE vs M/S VARDHMAN DEVELOPERS LTD. | order passed |
| CC006000000196107 | 22/02/2021 | MRS. MANGAL NAMDEV SHINDE vs M/S VARDHMAN DEVELOPERS LTD. | order passed |
The promoter has declared 11 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 |
|---|---|---|---|
| Small Cause Court | 887 | 2016 | Issues |
| Small Cause Court | 888 | 2016 | Issues |
| Small Cause Court | 889 | 2016 | Issues |
| Small Cause Court | 890 | 2016 | Issues |
| Small Cause Court | 1411 | 2015 | Issues |
| Small Cause Court | 1412 | 2015 | Issues |
| Small Cause Court | 1413 | 2015 | Issues |
| Small Cause Court | 380 | 2013 | Hearing On Amendment Application |
| Bombay City Civil | 1971 | 2014 | Issues |
| Bombay City Civil | 4328 | 2013 | Issues |
| Bombay City Civil | 1089 | 2014 | Hearing On Specific Relief |
The MahaRERA completion deadline for this project has been formally extended 3 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 29 Dec 2024 | The Project got delayed due to complete lock down in vicinity of the project because of COVID-19 and coupled with acute scarcity of workers. Most workers had left to their native p |
| 29 Dec 2024 | 31 Dec 2025 | That we have taken project loan from L&T finance (The NBFC) & that NBFC was having financial strain which had impacted disbursement of the loan on time as and when required for the |
| 31 Dec 2025 | 31 Dec 2026 | That we have taken project loan from L&T finance (The NBFC) & that NBFC was having financial strain which had impacted disbursement of the loan on time as and when required for the |
Located at GHODAPDEO, RAMBHAU BHOGALE MARG, Ward ABCD, Mumbai City, 400033. Per the filed land record, the plot is bounded to the north by C S NO 753 AND 752, to the south by CS NO 2 750 AND 750, to the east by CS NO 9 671 AND 2 671 and to the west by RAMBHAU BHOGALE MARG. These are the boundaries as recorded in the filed land record.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 2 km |
| Nariman Point / Fort | 7 km |
| Bandra Kurla Complex (BKC) | 10 km |
| Chhatrapati Shivaji Int'l Airport | 12 km |
| Powai / Hiranandani business park | 16 km |
| Andheri MIDC / SEEPZ | 16 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.
🔒 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 28 approved sheets are the same drawings the builder filed to get VARDHMAN FLORA PHASE I 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 VARDHMAN FLORA PHASE I?
The completion date has been revised 3 times on the register. We read the 28 approved drawings on VARDHMAN FLORA PHASE I’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 VARDHMAN FLORA PHASE I. 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.
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We'll email you when this project's RERA record changes, and send the 14-point booking checklist with the first email.
Vardhman Developers LTD is the promoter on 5 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
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