MahaRERA Property Intelligence · Thane

ATLANTIC

P51700034411 · BHIWANDI · promoter Riddhi Siddhi Enterprises

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700034411
Registered on05 Apr 2022
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Riddhi Siddhi Enterprises is the promoter of record on 90 projects, of which 7 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 ~20.1% of the estimated project cost incurred as of the last certificate (₹12.98 Cr spent against a ₹64.54 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. With only ~8 months to the declared date and ~20.1% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 377 homes filed with MahaRERA, 126 are sold/booked (103 with registered agreements + 23 booked) and 251 remain available (~33% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹41.36 Cr in agreement value so far. Of that, ₹23.19 Cr (~56%) is already collected, ₹18.16 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 126 registered agreements, the effective carpet rate is ₹8,341/sqft (typical range ₹7,699–₹9,247) — 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+14 and 377 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TYPE A WING A1G+134-
TYPE A WING B1G+13105-
TYPE B1G+13100-
TYPE C1G+14168-

Unit mix on the filing: 373 residential and 4 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.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Civil Court2502021Pending

Location, Land & Connectivity

Located at BHIWANDI, Kalyan Bhiwandi Road, Kurla, Mumbai Suburban, 421311. Per the filed land record, the plot is bounded to the north by S NO 261, to the south by 30 MTR DP ROAD, to the east by S NO 250 252 AND 261 and to the west by S NO 250 252 AND 261. 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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Other RERA-registered projects in Bhiwandi

Amruta Park
possession by Dec 2026 · Cheroba Homes
Laxman Residency
possession by Dec 2026 · Crystal Krishraj
Namo Maxima
possession by Dec 2026 · Viren Kishor Jain
Shree Laxman Apartment
possession by Dec 2026 · Shri Gajanan Enterprises
Tahoora Complex
Not filing quarterly progress reports · possession by Dec 2026 · Shree Harekrishna Realtor
Magus City Tower 1 Selene
possession by Apr 2027 · Magus Infratech Private Limited

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Atlantic Infinity
declared completion Dec 2024 · Atlantic
Atlantic Iris
possession by Dec 2026 · Atlantic Winds Infrastructures Private L
Atlantic Orra
declared completion Feb 2019 · Atlantic Winds Infrastructure Pvt.ltd.
Atlantis
declared completion Dec 2022 · Ashwamedh Builders & Developers
Atlas Sky View
possession by Jan 2030 · K.p. & Sons
Atmaram Heights
possession by Jun 2027 · Vidhi Enterprises

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