MahaRERA Property Intelligence · Thane

127 RAJ HOMES D WING

P51700050415 · PENKAR PADA (MAHAJANWADI) · promoter Raj Homes

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700050415
Registered on12 Apr 2023
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Construction Progress

MahaRERA's cost filing puts construction at ~92.0% of the estimated project cost incurred as of the last certificate (₹40.00 Cr spent against a ₹43.50 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 150 homes filed with MahaRERA, 113 are sold/booked (80 with registered agreements + 33 booked) and 37 remain available (~75% sold) — selling steadily. Buyers have committed ₹73.37 Cr in agreement value so far. Of that, ₹48.47 Cr (~66%) is already collected, ₹24.91 Cr receivable — a read on how far along these sales really are. Note: the project registers 197 homes in total, but this sold/unsold inventory filing covers only 150 of them — the other 47 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 113 registered agreements, the effective carpet rate is ₹14,441/sqft (typical range ₹13,231–₹15,441) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1102433 sqft (40.22 sqm)₹50.17 Lakh
Floor 1103433 sqft (40.22 sqm)₹50.17 Lakh
Floor 1104618 sqft (57.45 sqm)₹71.66 Lakh
Floor 1105433 sqft (40.22 sqm)₹50.17 Lakh
Floor 1106456 sqft (42.37 sqm)₹52.85 Lakh
Floor 1107433 sqft (40.22 sqm)₹50.17 Lakh
Floor 1109433 sqft (40.22 sqm)₹50.17 Lakh
Floor 1110456 sqft (42.37 sqm)₹52.85 Lakh
Floor 111109433 sqft (40.22 sqm)₹55.19 Lakh
Floor 131304618 sqft (57.45 sqm)₹78.83 Lakh
Floor 131309433 sqft (40.22 sqm)₹55.19 Lakh
Floor 151509433 sqft (40.22 sqm)₹55.19 Lakh
Floor 161609433 sqft (40.22 sqm)₹57.70 Lakh
Floor 191901433 sqft (40.22 sqm)₹57.70 Lakh
Floor 191902433 sqft (40.22 sqm)₹57.70 Lakh
Floor 191907433 sqft (40.22 sqm)₹57.70 Lakh
Floor 191908433 sqft (40.22 sqm)₹57.70 Lakh
Floor 191909433 sqft (40.22 sqm)₹57.70 Lakh
Floor 191920456 sqft (42.37 sqm)₹60.78 Lakh
Floor 2202433 sqft (40.22 sqm)₹50.17 Lakh
Floor 2204618 sqft (57.45 sqm)₹71.66 Lakh
Floor 2205433 sqft (40.22 sqm)₹50.17 Lakh
Floor 2206456 sqft (42.37 sqm)₹52.85 Lakh
Floor 2209433 sqft (40.22 sqm)₹50.17 Lakh
Floor 202001433 sqft (40.22 sqm)₹58.31 Lakh
Floor 202003433 sqft (40.22 sqm)₹58.31 Lakh
Floor 202004618 sqft (57.45 sqm)₹83.07 Lakh
Floor 202005433 sqft (40.22 sqm)₹58.31 Lakh
Floor 202006456 sqft (42.37 sqm)₹61.44 Lakh
Floor 202007433 sqft (40.22 sqm)₹58.31 Lakh
Floor 202008433 sqft (40.22 sqm)₹58.31 Lakh
Floor 202009433 sqft (40.22 sqm)₹58.31 Lakh
Floor 202010456 sqft (42.37 sqm)₹61.44 Lakh
Floor 3305433 sqft (40.22 sqm)₹50.17 Lakh
Floor 3309433 sqft (40.22 sqm)₹50.17 Lakh
Floor 3310456 sqft (42.37 sqm)₹52.85 Lakh
Floor 5509433 sqft (40.22 sqm)₹55.19 Lakh

⚠ The inventory filing also declares: 47 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+21 and 197 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
127 RAJ HOMES D WING1G+21197-

Unit mix on the filing: 197 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at PENKAR PADA (MAHAJANWADI), ABHILASHA RESIDENCY ROAD, Thane, Thane, 401107. Per the filed land record, the plot is bounded to the north by ABHILASHA RESIDENCY A WING, to the south by 127 RAJ HOMES B AND C OF ADJOINING PHASE, to the east by ABHILASHA RESIDENCY B WING and to the west by SIDDHIVINAYAK NAGAR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ15 km
Powai / Hiranandani business park17 km
Chhatrapati Shivaji Int'l Airport20 km
Bandra Kurla Complex (BKC)22 km
Lower Parel / Worli business district30 km
Nariman Point / Fort38 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

RAJ Homes is the promoter on 5 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by RAJ Homes

Other RERA-registered projects in Mira Road East

Ganesh Darshan
possession by Jul 2026 · J.v. Realty
Savaliya Residency
possession by Jul 2026 · Shree Savaliya Housing LLP
127 RAJ Homes A Wing
possession by Aug 2026 · RAJ Homes
Beaumonde
possession by Sep 2026 · Kanungo Property
Rassaz Greens Tower C D AND E
possession by Dec 2026 · Rassaz Infrastructure Private Limited
Coral
Deregistered by MahaRERA · possession by Dec 2026 · Nilesh Shantilal Tank

Major developers building in Mira Road East

Other RERA-registered projects in Thane

12th Avenue
declared completion Dec 2022 · Sadguru Baba Developers LLP
19 East
declared completion Dec 2025 · Moreshwar Developers
1st Phase OF Paraiso
declared completion Dec 2021 · OM Aditya Associates
24 East
declared completion Jun 2026 · Malhar Developers
24 High
declared completion Apr 2026 · Dream Apex Realties Limited
24 High Bizbay
possession by Jul 2026 · Apex Infra

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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: 27 Jul 2026