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MahaRERA Property Intelligence · Thane
P51700005079 · Panchpakhadi · promoter Ashwamedh Builders Developers
| MahaRERA registration | P51700005079 |
| Registered on | 09 Aug 2017 |
| Promoter-declared completion | 30 Dec 2022 |
| Current status | Certificate Signed |
| Against today | about 43 months past the declared date |
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.
Across MahaRERA, Ashwamedh Builders Developers is the promoter of record on 22 projects, of which 2 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.
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+23.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| Atlantis | 1 | G+23 | 31 Dec 2020 |
3 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000044034 | 10/04/2018 | Hemangi Karkhanis vs Vinod Doulatani | order passed |
| CC006000000161328 | 23/10/2019 | NIPA BHUTA vs ASHWAMEDH BUILDERS AND DEVELOPERS | order passed |
| CC006000000292236 | 08/08/2022 | DILIP AHUJA HUF vs Aswamedh Builders & Developers | order passed |
The promoter has declared 6 court cases on this project to MahaRERA. 3 are 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Mumbai | 200 | 2013 | Pending |
| Thane Court | 739 | 2012 | Case Disposed Off |
| Thane Court | 13 | 2015 | Appeal Dismissed |
| Consumer Disputes Redressal Commission Maharashtra State | 16/245 | 2016 | Pending |
| Consumer Disputes Redressal Commission Maharashtra State | 16/246 | 2016 | Pending |
| High Court Mumbai | 2338 | 2014 | Case Disposed Off |
The promoter has had the MahaRERA completion deadline formally extended 2 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Dec 2022 | 31 Dec 2021 | The reason for delay is due to the pandemic situation and the restrictions that had been implied from the month of April. |
| 30 Dec 2022 | 30 Dec 2022 | The handover of the Collector building has been delayed by the department due to a new requirement of installing the Fire Fighting System for the entire building. We have conducted |
Located at Panchpakhadi, Service Road, Thane, Thane, 400602. Per the filed land record, the plot is bounded to the north by F P 325, to the south by 40 feet wide road , to the east by F P 319 and to the west by 15 m wide serivce road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 11 km |
| Andheri MIDC / SEEPZ | 12 km |
| Chhatrapati Shivaji Int'l Airport | 16 km |
| Bandra Kurla Complex (BKC) | 18 km |
| Lower Parel / Worli business district | 26 km |
| Nariman Point / Fort | 34 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.
🔒 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.
🔒 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.
Should you buy in Atlantis?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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