Project RERA record · Mumbai, Thane & the MMR

Wadhwa Regalia Phase-I

by Wadhwa Buildcon LLP · MahaRERA P51700006948 · Certificate Signed · declared completion Dec 2023

Developer in insolvency (NCLT)

Developer in insolvency (NCLT). Thane · NETIVALI

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.

Wadhwa Regalia Phase-I 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

  • 26 quarterly reporting periods on MahaRERA's compliance schedule — no QPR default flagged
  • 1 litigation case on MahaRERA's record for this project
  • 2 complaints filed with MahaRERA against this project

Source: MahaRERA public project record.

Builder track record

Wadhwa Buildcon LLP is the promoter on 5 MahaRERA-registered projects, of which 5 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:

Other flagged projects by Wadhwa Buildcon LLP

Wadhwa Buildcon LLP
Developer in insolvency (NCLT)Thane
Wadhwa Buildcon LLP
Developer in insolvency (NCLT)Thane
Wadhwa Buildcon LLP
Developer in insolvency (NCLT)Thane
Wadhwa Buildcon LLP
Developer in insolvency (NCLT)Thane

Other RERA-registered projects in Kalyan East

Ameya Garden Phase II
Ameya Enterprises
Ashtami
RAI Residency Private Limited
Avighna Karan Wing C
Avighna Karan
Balaram Heights
Ganesh Tukaram Bhane

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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  • 🔴  Promoter flagged for insolvency (NCLT) on the MahaRERA register

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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