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VBHC Springwater

P99000051828 · MahaRERA · https://gethorizon.in/projects/vbhc-springwater-devkhop-palghar-uy7iho3c

01

Complete project overview

MahaRERA · Registration filing
Project name
VBHC Springwater
Units
206 units
Floors
10
Buildings
4
Parking
422 spaces
Land area
8,595 sq m
Sanctioned built-up
11,155 sq m
Recreational open space
2,418 sq m

Timeline

RERA registeredJul 2023
Proposed completionApr 2027
TodaySep 2026
Construction progress
Podiums0%
Community Building…90%
Excavation100%
Basement (if any)100%
Plinth100%
Stilt floor100%
Superstructure100%
Internal finishes100%
Flat fit-out100%
Stairs & lifts100%
External finishes100%
OC-readiness100%
Internal Roads & F…100%
Water Supply100%
Sewerage (Chamber,…100%
Storm Water Drains100%
Landscaping & Tree…100%
Street Lighting100%
Treatment And Disp…100%
Water conservation…100%
Electrical meter r…100%
Aggregate area of …100%
Open Parking100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

VBHC MUMBAI VALUE HOMES PRIVATE LIMITED

CompanyPromoter type
Bangalore, KARNATAKABased in
9Projects
1City
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
352 homes · 362 plotson the public record across 9 projects
22,805 sq mbuilt-up filed
97,636 sq mplotted area
1,21,795 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Collectorate OfficeCollector officethis project5 of 7 projects
Collector OfficeCollector office2 of 7 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from VBHC MUMBAI VALUE HOMES PRIVATE LIMITED— the full portfolio →

03

Location

MahaRERA · Registration filing
Village
Devkhop
Taluka
Palghar
District
Palghar
Pincode
401404
Survey no.
223/7
North boundary
Gut no 221
East boundary
Gut no 20 and 21
South boundary
Gut no 9 and 10 and Nalla
West boundary
Devkhop village road
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.8km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.7 km · Palghar-Manor RoadPrimary road 4.4 kmRailway line 4.1 km · Mumbai - Delhi RailwayRailway station 4.7km away (Palghar)Limited bus connectivity nearby
Water & environment
Water body 1.4 km
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹32,275per sq yd
₹38,600per sq m
Which rate
residential building or flat
Matched to
The rate published for the village of “Devkhop”.
In force
2026-2027 schedule

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

Collectorate Office

Collector office
Building Permit
Survey no. 223/7
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

The planning authority

The body that approved this project. It has approved 4,607 RERA projects across 33 districts about 1 in 4 in Maharashtra.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

07

Other projects nearby

The register · within 25 km

349 residential projects still under way within 25 km. Step out ring by ring:

Of the 524 projects the radar draws within 6 km — every kind, every stage — 157 are residential projects still under way. This list keeps only those, and looks further out.

5 projects between 1 and 3 km — showing the nearest 5.

2.1 km awayResidential / Group Housing

M J Heights Building 1 Wing C

Maa Jivdani Builders and Developers · shelwali · Palghar

Mar 2026registered
Dec 2030target completion
Government Guidance Rate₹30,937/sq ydScale52 flatsAuthorityMahaRERA
2.1 km awayResidential / Group Housing

CENTRUM OCTAVE

SUN REALTORS · Palghar

Mar 2026registered
Dec 2029target completion
Government Guidance Rate₹29,766/sq ydScale53 flatsAuthorityMahaRERA
2.1 km awayResidential / Group Housing

Paarshvanath

ESKCAYS ESTATESS · Palghar

Jun 2024registered
Dec 2030target completion
Government Guidance Rate₹29,766/sq ydScale31 flatsAuthorityMahaRERA
2.3 km awayResidential / Group Housing

Shri Ram Residency

Shri Ram Builder & Developer's · shelwali · Palghar

Apr 2026registered
Jul 2028target completion
Government Guidance Rate₹30,937/sq ydScale54 flatsAuthorityMahaRERA
2.6 km awayResidential / Group Housing

SK KISHAN RESIDENCY D WING

SHREE BALAJI DEVELOPERS · Village Vevoor Palghar East · Palghar

May 2025registered
Dec 2030target completion
Scale42 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.