PropPin
High risk
  • Mortgaged to a lender (₹125 Cr). MahaRERA's financial encumbrance declaration shows this project has ₹125 Cr secured against a lender — a lender's claim can outrank a buyer's if the promoter defaults.
  • Agreement deviates from RERA model form. The promoter's allotment letter or agreement for sale is flagged as deviating from MahaRERA's standard proforma — read the actual clauses before signing.
Navi Mumbai (Vashi–Nerul)Mid-income

Planned-city order — wide roads, node markets, established social infra.

Growth drivers:
Atal Setu (MTHL), metro lines, the upcoming Navi Mumbai airport.
Who buys here:
Professionals wanting planned-city living with airport-corridor upside.

PropPin area guide — editorial, not a RERA disclosure.

Promoter

Builder profile

Builder
FALCON ELECTRO TEK PRIVATE LIMITED

View the promoter’s full developer profile and other projects under the same builder group.

No other projects are linked to this promoter yet.

Official RERA facts

Registration
PM1330002600412
Status
New
Stage
Certificate Signed
Possession
December 2029
Construction
Units sold
0 of 34

Data sourced from the official MahaRERA portal; complaints last synced 25 Jul 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.