Project RERA record · Mumbai, Thane & the MMR
Developer in insolvency (NCLT)
Developer in insolvency (NCLT). Mumbai Suburban
Developer in NCLT insolvency proceedings
The promoter/developer of this project is in NCLT insolvency proceedings. This is one of the highest-risk flags for a buyer awaiting possession — verify the current legal status and any IRP (Insolvency Resolution Professional) order before any transaction.
Navkar Girija Sadan appears on MahaRERA's NCLT list — the promoter is in insolvency proceedings before the National Company Law Tribunal. For buyers awaiting possession, this is the highest-risk flag on the register: an IRP (Insolvency Resolution Professional) controls the company and any construction or handover depends on the outcome of the resolution plan. Verify the current NCLT order status before making any payment or transaction.
On the regulator's record
Source: MahaRERA public project record.
Navkar Groups Private Limited is the promoter on 3 MahaRERA-registered projects, of which 3 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: 11 Jul 2026