MahaRERA Property Intelligence · Thane

ASHTAMI

P51700049225 · KALYAN E · promoter Rai Residency Private

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700049225
Registered on03 Feb 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Rai Residency Private is the promoter of record on 142 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 ~95.7% of the estimated project cost incurred as of the last certificate (₹42.30 Cr spent against a ₹44.19 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, 78 are sold/booked (67 with registered agreements + 11 booked) and 72 remain available (~52% sold) — selling steadily. Buyers have committed ₹40.38 Cr in agreement value so far. Of that, ₹25.15 Cr (~62%) is already collected, ₹15.23 Cr receivable — a read on how far along these sales really are. Note: the project registers 259 homes in total, but this sold/unsold inventory filing covers only 150 of them — the other 109 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 78 registered agreements, the effective carpet rate is ₹9,582/sqft (typical range ₹8,129–₹11,338) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+20 and 259 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ASHTAMI1G+20259-

Unit mix on the filing: 205 residential and 54 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 KALYAN E, KALYAN E, Kalyan, Thane, 421306. Per the filed land record, the plot is bounded to the north by 9 MTR ROAD, to the south by 9 MTR ROAD, to the east by 6 MTR ROAD and to the west by S NO 9 MTR DP 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 ~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 / Fort46 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

RAI Residency Private Limited is the promoter on 17 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every RAI Residency Private Limited project & its RERA track record →

Other flagged projects by RAI Residency Private Limited

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Other RERA-registered projects in Kalyan East

Krishna Square
possession by Jul 2026 · Gopal Krishna Developers
SAI Heights
possession by Aug 2026 · Aaradhana Construction
Avighna Karan Wing C
possession by Aug 2026 · Avighna Karan
Kohinoor Eden
possession by Sep 2026 · KGI Realty Private Limited
Kohinoor Eden Ph 2
possession by Sep 2026 · KGI Realty Private Limited
Durga Imperial
possession by Oct 2026 · G K Mali & C K Mali

Major developers building in Kalyan East

Other RERA-registered projects in Thane

Ashtavinayak
declared completion Jun 2021 · Cisb & Kushwah Infrastructure Privat
Ashtavinayak
declared completion Apr 2025 · Parisparsh
Ashtavinayak Avenue
declared completion Dec 2017 · Ashtavinayak Infrastructure
Ashtavinayak Darshan
possession by Aug 2028 · Yashashree Construction
Ashtavinayak Developers - AAI Ashapura Tower
declared completion Dec 2022 · Sanjaykumar Makanji Kotak Thakkar
Ashtavinayak Enterprises
declared completion Apr 2024 · Anil Gemu Chavan

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