MahaRERA Property Intelligence · Thane

Akshar Business Park - Phase II

P51700019533 · Near Turbhe Railway Station · promoter Akshar Developers

Certificate SignedDue 31 Jan 2019

Delivery & Registration

MahaRERA registrationP51700019533
Registered on08 Feb 2019
Promoter-declared completion31 Jan 2019
Current statusCertificate Signed
Against todayabout 90 months past the declared date

Builder Track Record

Across MahaRERA, Akshar Developers is the promoter of record on 37 projects, of which 1 carries 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.

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+5.

BuildingWingsFloorsDeclared completion
Wing Q- Block C1G+503 Nov 2018
Wing R - Block C1G+503 Nov 2018
Wing S - Block c1G+503 Nov 2018
Wing T - Block C1G+503 Nov 2018
Wing U - Block C1G+503 Nov 2018
Wing V - Block C1G+503 Nov 2018

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 Near Turbhe Railway Station, Sector 25, Thane, Thane, 400703. Per the filed land record, the plot is bounded to the north by Akshar Business Park- Phase III, to the south by Vashi Turbhe Road, to the east by CWC Complex and to the west by Railway Good Yards. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Akshar Developers is the promoter on 4 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 Akshar Developers

Other RERA-registered projects in Vashi

Goodwill Bizhub
possession by Sep 2026 · M/s. Goodwill Dwellings LLP
Aurous
possession by Dec 2026 · Asaya Builders AND Developers LLP
Cyber Works
possession by Dec 2026 · Greenscape Ventures
Akshar Panchratna
possession by Jun 2027 · Akshar Dream Homes
Centonic
possession by Jun 2027 · Metro Lifescapes India LLP
Aykon
possession by Dec 2027 · Metro Lifescapes India LLP

Major developers building in Vashi

Other RERA-registered projects in Thane

Akshar Business Park- Phase III
declared completion Jul 2023 · Akshar Developers
Akshar Elevate
possession by Dec 2031 · Tech Akshar Enterprise LLP
Akshar Elita
declared completion Apr 2025 · Vagad Constructions
Akshar Evanna
declared completion Feb 2024 · M/S Akshar OM Construction
Akshar Evita
declared completion Jun 2021 · M/s.akshar OM Construction
Akshar Panchratna
possession by Jun 2027 · Akshar Dream Homes

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