MahaRERA Property Intelligence · Thane

ART SHREE

P51700055811 · Kalyan · promoter Art Enterprises

Certificate SignedDue 31 Mar 2026

Delivery & Registration

MahaRERA registrationP51700055811
Registered on22 Apr 2024
Promoter-declared completion31 Mar 2026
Current statusCertificate Signed
Against todayabout 4 months past 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 ~42.3% of the estimated project cost incurred as of the last certificate (₹63.50 Lakh spent against a ₹1.50 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. The declared completion date has already passed while the cost-incurred filing sits at ~42.3% — a wide gap between the promise and the money actually spent on site.

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 14 homes filed with MahaRERA, 3 are sold/booked (2 with registered agreements + 1 booked) and 11 remain available (~21% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹36.06 Lakh in agreement value so far. Of that, ₹18.39 Lakh (~51%) is already collected, ₹17.67 Lakh 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.

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 1102351 sqft (32.65 sqm)₹19.92 Lakh
Floor 2202351 sqft (32.65 sqm)₹19.92 Lakh
Floor 3301253 sqft (23.5 sqm)₹14.35 Lakh
Floor 3302351 sqft (32.65 sqm)₹19.92 Lakh
Floor 4402351 sqft (32.65 sqm)₹19.92 Lakh
Floor 5501253 sqft (23.5 sqm)₹14.35 Lakh
Floor 5502351 sqft (32.65 sqm)₹19.92 Lakh
Floor 6601253 sqft (23.5 sqm)₹14.35 Lakh
Floor 6602351 sqft (32.65 sqm)₹19.92 Lakh
Floor 7701240 sqft (22.27 sqm)₹17.31 Lakh
Floor 7702336 sqft (31.26 sqm)₹23.41 Lakh

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+7 and 14 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ART SHREE1G+714-

Unit mix on the filing: 14 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 Kalyan, ., Bhiwandi, Thane, 421301. Per the filed land record, the plot is bounded to the north by Asha Sadan Society, to the south by Kone Wada, to the east by Asha Sadan Society and to the west by Siddheshwar Society. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~27 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 park27 km
Andheri MIDC / SEEPZ30 km
Chhatrapati Shivaji Int'l Airport32 km
Bandra Kurla Complex (BKC)33 km
Lower Parel / Worli business district41 km
Nariman Point / Fort47 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 Kalyan

Tharwani Solitaire Phase IV
possession by Jul 2026 · Anil Hardasmal Tharwani
Kailash Gardens
possession by Jul 2026 · Shree Laxmi Enterprises
Mangeshi Ambar
possession by Jul 2026 · Mangesh Dashrath Gaikar
Mangeshi Tulip
possession by Jul 2026 · Mangesh Dashrath Gaikar
Anand 21 Uptown
possession by Aug 2026 · VPA Developers
Pawan Atharva Phase I
possession by Aug 2026 · Pawan Real Estate

Major developers building in Kalyan

Other RERA-registered projects in Thane

Aruna Ulhas
declared completion Sep 2020 · Gaondevi Developers
Aruni-Mist
declared completion Dec 2025 · Evergreen Developers
Arunoday Annex
declared completion Mar 2025 · Mangalya Shelter's
Arunoday Heights
possession by Dec 2026 · Sankalp Builders And Developers
Arunoday Plaza
possession by Dec 2026 · Sankalp Builders
Arvind Co-Op Housing Society Ltd
possession by Jun 2027 · Aditya Associates

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