MahaRERA Property Intelligence · Thane

AAKAR CELESTIAL

P51700077393 · CBD BELAPUR · promoter Aakar Infratech

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700077393
Registered on13 Aug 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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.

Builder Track Record

Across MahaRERA, Aakar Infratech is the promoter of record on 176 projects, of which 16 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~24.1% of the estimated project cost incurred as of the last certificate (₹25.55 Cr spent against a ₹106.20 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 300 homes filed with MahaRERA, 33 are sold/booked (20 with registered agreements + 13 booked) and 267 remain available (~11% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹29.61 Cr in agreement value so far. Of that, ₹9.59 Cr (~32%) is already collected, ₹19.61 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 33 registered agreements, the effective carpet rate is ₹18,306/sqft (typical range ₹15,991–₹22,659) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 1 reserved. 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+15 and 301 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
AAKAR CELESTIAL1G+1530131 Dec 2028

Unit mix on the filing: 301 non-residential (shops/offices).

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 CBD BELAPUR, SECTOR NO 15, Panvel, Raigarh, 400614. Per the filed land record, the plot is bounded to the north by Plot 91, to the south by Plot 92, to the east by Plot No 97 and to the west by 30m Wide Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~18 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park18 km
Bandra Kurla Complex (BKC)19 km
Chhatrapati Shivaji Int'l Airport20 km
Lower Parel / Worli business district22 km
Andheri MIDC / SEEPZ22 km
Nariman Point / Fort24 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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Other RERA-registered projects in Cbd Belapur

Gami Erica
possession by Dec 2026 · Lal Gebi Infra Co.
Shiv Shakti CHS
possession by Dec 2026 · Shubham Bhavya Infra
Gopal Krishna
possession by Apr 2027 · Sonal DEV-CON PVT LTD
Antalya
possession by Jun 2027 · M/S Sara Realty
Silver Bliss
possession by Jun 2027 · Bhushan Balkrishna Bandre
Trishul Goldfield
Not filing quarterly progress reports · possession by Jun 2027 · Patel & Associates

Other RERA-registered projects in Thane

Aaraadhy Imperial
declared completion Aug 2024 · Nirmaan Realty
Aaradhya Highpark - Project 1 OF Phase I
declared completion Mar 2025 · MAN Vastucon LLP
Aaradhya Highpark - Project 2 OF Phase I
declared completion Mar 2025 · MAN Vastucon LLP
Aaradhya Highpark Project III Of Phase 1
declared completion Dec 2025 · MAN Vastucon LLP
Aaradhya Parkwood 1
possession by Dec 2028 · MAN Vastucon LLP
Aaradhya Parkwood 2
possession by Dec 2028 · MAN Vastucon LLP

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