MahaRERA Property Intelligence · Thane

AKSHAR PANCHRATNA

P51700051580 · PLOT NO 15 SECTOR 9 · promoter Akshar Dream Homes

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51700051580
Registered on27 Jun 2023
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Akshar Dream Homes 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.

Construction Progress

MahaRERA's cost filing puts construction at ~58.1% of the estimated project cost incurred as of the last certificate (₹16.32 Cr spent against a ₹28.10 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 29 homes filed with MahaRERA, 14 are sold/booked (8 with registered agreements + 6 booked) and 15 remain available (~48% sold) — selling steadily. Buyers have committed ₹22.32 Cr in agreement value so far. Of that, ₹14.44 Cr (~65%) is already collected, ₹7.88 Cr receivable — a read on how far along these sales really are. Note: the project registers 77 homes in total, but this sold/unsold inventory filing covers only 29 of them — the other 48 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 14 registered agreements, the effective carpet rate is ₹23,380/sqft (typical range ₹18,742–₹34,303) — 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 101002582 sqft (54.03 sqm)₹83.75 Lakh
Floor 111102582 sqft (54.03 sqm)₹83.75 Lakh
Floor 131301582 sqft (54.03 sqm)₹83.75 Lakh
Floor 131302582 sqft (54.03 sqm)₹83.75 Lakh
Floor 171701582 sqft (54.03 sqm)₹83.75 Lakh
Floor 171702582 sqft (54.03 sqm)₹83.75 Lakh
Floor 181802582 sqft (54.03 sqm)₹83.75 Lakh
Floor 191901582 sqft (54.03 sqm)₹83.75 Lakh
Floor 191902582 sqft (54.03 sqm)₹83.75 Lakh
Floor 8802582 sqft (54.03 sqm)₹83.75 Lakh
Floor 9902582 sqft (54.03 sqm)₹83.75 Lakh
Ground/Floor 0Shop No-11,665 sqft (154.7 sqm)₹3.00 Cr
Ground/Floor 0Shop No-2938 sqft (87.1 sqm)₹1.69 Cr
Ground/Floor 0Shop No-3159 sqft (14.77 sqm)₹28.61 Lakh
Ground/Floor 0Shop No-4938 sqft (87.1 sqm)₹1.69 Cr

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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 77 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
AKSHAR PANCHRATNA1G+2177-

Unit mix on the filing: 72 residential and 5 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 PLOT NO 15 SECTOR 9, PANCHRATNA CHS LTD BLDG NO JN3 36 37 & 38, Thane, Thane, 400703. Per the filed land record, the plot is bounded to the north by PLOT NO 14 F TYPE, to the south by AIR INDIA MAHARAJA CHS, to the east by 32 METER WIDE ROAD and to the west by PLOT NO 16 VS II. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park10 km
Andheri MIDC / SEEPZ14 km
Chhatrapati Shivaji Int'l Airport15 km
Bandra Kurla Complex (BKC)15 km
Lower Parel / Worli business district23 km
Nariman Point / Fort29 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 Vashi

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Aurous
possession by Dec 2026 · Asaya Builders AND Developers LLP
Cyber Works
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Centonic
possession by Jun 2027 · Metro Lifescapes India LLP
Aykon
possession by Dec 2027 · Metro Lifescapes India LLP
Godrej Bayview
possession by Dec 2027 · Suncity Infrastructures LLP

Major developers building in Vashi

Other RERA-registered projects in Thane

Akshata Co-Operative Housing Society Limited
declared completion May 2026 · Sanjiv Surendra Tamhane
Akshita Heights
declared completion Jun 2026 · Akshita Construction
AL Abbas
declared completion Dec 2022 · Ayman Infra Constructions
AL Abbas Building NO. 06
possession by Dec 2035 · Ayman Infra Constructions
AL Amin Tower
possession by Dec 2026 · S V Builders
AL Balad Residency
possession by Dec 2028 · Unity 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