Under ConstructionMahaRERA: P51900002907Truth Score™ 70/100 (Grade A)
NEO GALAXY
MahaRERA Verified Project

Configurations

1 BHK, 2 BHK, 3 BHK

Layout options

Possession

2023-12

Target completion

RERA Carpet Area

215 – 821 sq.ft

Sanctioned carpet

Inventory Status

8/25 Units Sold (32%)

17 units available

70Grade A

4-Pillar Statutory Truth Audit

Multi-Axis Radar

High Credibility · Low to Moderate Risk · Statutory Approvals Intact

This Project
MMR Benchmark (70)
Legal & Title Cleanliness (8/25)Timeline Honesty (17/25)Construction Velocity (25/25)Financial & Escrow Health (20/25)

Pillar-by-Pillar Verification

Legal & Title Cleanliness8 / 25 pts
Performance: 32% of statutory ceilingAction Required
Timeline Honesty17 / 25 pts
Performance: 68% of statutory ceilingStandard Compliance
Construction Velocity25 / 25 pts
Performance: 100% of statutory ceilingSuperior Protection
Financial & Escrow Health20 / 25 pts
Performance: 80% of statutory ceilingSuperior Protection
Statutory Buyer Negotiation Levers

17 unsold units remaining in the project. High leverage for parking/floor-rise waiver.

Verified Green Flags (5)
  • ✓Completed and signed off as per target 2023-12-29.
  • ✓High construction pace: Average milestone completion is 87.7%.
  • ✓Certified Advocate Legal Title Report filed.
  • ✓Municipal Commencement Certificate (CC / IOD) verified.
  • ✓Statutory 70% Escrow Bank Account active under Section 4(2)(l)(D).
Noted Statutory Caveats (3)
  • !Statutory project extension certificate applied with MahaRERA.
  • !CRITICAL: Active interim stay / injunction order passed against project!
  • !Slow sales absorption: Only 32% of units sold.
Statutory Buyer Due Diligence Dossier

Instant statutory audit with advocate title verification, Section 4 escrow bank account, and litigation history.

Download Audit Report (PDF)

Statutory Legal Title & Litigation Audit

Mandatory disclosures under Section 4(2)(l) of Real Estate (Regulation and Development) Act.

⚠ Active Interim Injunction / Stay

Critical Legal Caution: Stay Order Passed

An interim preventive injunction or stay order has been registered on judicial record for this project. Buyers should seek formal legal counsel before executing sale deeds.

Court NameCase Number & YearTypeInjunction / StayDetails
Bombay High Court292 (2016)Civil Petition Stay Passed—

Promoter Legal Entity

Statutory corporate identity under Companies Act / LLP Act.

Legal Name:UNIVERSAL BUILDERS & DEVELOPERS
Organization Type:Partnership
Registered Office:

2951

Section 4(2)(l)(D) Escrow Account

70% buyer receivables held in designated trust account.

Designated Bank:BANK OF BARODA
Branch IFSC:BARB0MARMAR
Account Status: Active RERA Escrow
Branch Address:

MAROL MAROSHI BRANCH

MahaRERA Audited Inventory Disclosures

Interactive Unit & Floor Stacking Plan

Inspect real-time booked vs available statutory units, exact RERA carpet areas, and floor placements directly reported by the promoter.

Available Unit
RERA Booked
Total Sanctioned Units

25

Statutory layout capacity
Available for Booking

17

Immediate inventory
Officially Booked

8

Agreements registered
Absorption Velocity

32%

09F
08F
07F
06F
05F
04F
03F
02F
01F

Inventory Absorption & Sales Velocity

MahaRERA Audited

Real statutory unit booking progress registered in public government filings.

Booked (8)
Available (17)
32%Units Sold8 of 25

17 Units Remaining For Selection

Absorption Velocity: Early Booking Phase

Configuration-wise Absorption

1 BHK· ~436 sq.ft
3/13 sold23%
Available: 10 unitsLeverage: Fast Depleting
1RK· ~280 sq.ft
0/6 sold0%
Available: 6 unitsLeverage: Fast Depleting
2 BHK· ~620 sq.ft
3/4 sold75%
Available: 1 unitsLeverage: Fast Depleting
3 BHK· ~821 sq.ft
2/2 sold100%
Available: 0 unitsLeverage: Fast Depleting

Direct Government Data Advantage:Unlike developer sales brochures that often report artificial scarcity ("90% sold out"), this graph shows verified unit allocations registered under MahaRERA statutory Section 4 disclosures.

70%Physical

Physical Milestone Timeline (S-Curve)

Active Construction

Target Possession: 2023-12 · Verified statutory engineer progress.

Cumulative Earned Value Progress (EVM)
Actual Pace (70%)
Planned S-Curve
0%25%50%75%100%Foundation & PlinthMid-Tower SlabsPlaster & MEPStatutory OC / Possession

Pace on Track · Target Timeline Intact

Physical progress is weighted scientifically using civil engineering ratios: Substructure (15%), Superstructure (35%), Envelope & Finishing (30%), and MEP / Final OC (20%).

Physical Construction Activity Breakdown

Statutory stage-wise engineering completion filed under Section 4(2)(l)(D).

Overall Velocity:72%

Excavation

100%
Phase Status:Completed

Basement

100%
Phase Status:Completed

Podiums

100%
Phase Status:Completed

Plinth

100%
Phase Status:Completed

Super Structure Slabs

90%
Phase Status:Active In-Progress

Internal Walls & Plaster

80%
Phase Status:Active In-Progress

Sanitary Fittings

70%
Phase Status:Active In-Progress

Staircases & Lifts

80%
Phase Status:Active In-Progress

External Plumbing & Water Proofing

0%
Phase Status:Scheduled

Common Amenities

0%
Phase Status:Scheduled

Sanctioned Towers & Delivery Targets

Official building wings sanctioned by planning authorities.

Tower 11 Wing

NEO GALAXY

Target Delivery: 2023-12-29

About the Project

NEO GALAXY by Universal Builders & Developers is an official statutory MAHARASHTRA RERA registered development (P51900002907). High Credibility · Low to Moderate Risk · Statutory Approvals Intact.

Amenities & Infrastructure

Water conservation/rain water harvesting/recharge of ground waterGymFire protection and fire safety requirementsClub HouseLiftsIndoor Sports facilitySwimming PoolInternal Roads & Footpaths

Floor Plans & Sanctioned Blueprints

Official municipal sanctioned layout drawings filed with MahaRERA.

1BHK410 sq.ft (38.09 sq.m)
Sanctioned BlueprintScan-0005.pdf
1BHK405 sq.ft (37.64 sq.m)
Sanctioned BlueprintScan-0005.pdf
1BHK520 sq.ft (48.31 sq.m)
Sanctioned BlueprintScan-0005.pdf
1BHK408 sq.ft (37.98 sq.m)
Sanctioned BlueprintScan-0005.pdf
1RK258 sq.ft (24.02 sq.m)
Sanctioned BlueprintScan-0005.pdf
1RK217 sq.ft (20.2 sq.m)
Sanctioned BlueprintScan-0005.pdf

RERA Statutory Document Vault

16 authentic public government disclosures filed under Section 4.

Scan-0005.pdf

CA Certificate (Form 3)

IOD 1.pdf

Sanctioned Building / Layout Plan

Scan-0007.pdf

CA Certificate (Form 3)

LEGAL REPORT.pdf

Legal Title report

PRC_27AACFU2016N1Z3 - UNIVERSAL.pdf

PAN Card

Architect Cert.pdf

Architect Certificate (Form 1)

NEO GALAXY - FORM-3.pdf

Neo Galaxy - Form-3

Scan-0002.pdf

CA Certificate (Form 3)

Scan-0003.pdf

CA Certificate (Form 3)

Engg Cert.pdf

Engineer Certificate (Form 2)

FORM - B.pdf

Declaration Form B

OCR Final Pages 921 to 1268 PDF-91-100_compressed.pdf

Other – Legal

Scan-0001.pdf

CA Certificate (Form 3)

OCR Final Pages 1 to 920 PDF-1-10_compressed.pdf

Other – Legal

Scan-0004.pdf

CA Certificate (Form 3)

Scan-0006.pdf

CA Certificate (Form 3)

Explore 3D

Fly the locality in photoreal 3D

Orbit the building, explore nearby context, then enter a floor.

Loading 3D locality…

Location & Connectivity

Ward ABCD, Mumbai City, MAHARASHTRA

Open in Google Maps

Ward ABCD Micro-Market Capital Trend

+43% 5-Yr Growth

Registered transaction rate per sq.ft based on statutory title deeds and micro-market filings.

2026 Registered Rate

₹7,200 / sq.ft

202120222023202420252026

5-Yr Capital Gain

+43%

~7.6% Annualized CAGR

Gross Rental Yield

3.7%

~₹22/sq.ft monthly rental

Infrastructure Driver

Ward ABCD

High Growth Corridor · Highway & Railway Connectivity

Official Statutory Pricing

Price on Request

Government filings verify 17 unsold units remaining in this development.

Designated Escrow Bank

BANK OF BARODA

Active
IFSC Code:BARB0MARMAR
Branch:

MAROL MAROSHI BRANCH

Section 4(2)(l)(D) compliant: 70% of buyer payments are legally ring-fenced for this project only.

Explore More & Related Links

Deep-dive into verified statutory data, developer portfolios, and neighborhood projects.

View Full UNIVERSAL BUILDERS & DEVELOPERS Profile→