BHAKTI HILL

Delivery & Registration

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.

• Filing progress reports — 5 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Diya Associates is the promoter of record on 61 projects, of which 8 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 ~21.5% of the estimated project cost incurred as of the last certificate (₹2.17 Cr spent against a ₹10.08 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 47 homes filed with MahaRERA, 8 are sold/booked and 39 remain available (~17% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.55 Cr in agreement value so far. Of that, ₹1.99 Cr (~56%) is already collected, ₹1.56 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 8 registered agreements, the effective carpet rate is ₹13,446/sqft (typical range ₹12,459–₹15,526) — 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:

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+8 and 47 homes are registered across the project.

Unit mix on the filing: 40 residential and 7 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 ULWE , PLOT NO-353, SECTOR-17, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by 20 M WIDE ROAD, to the south by PLOT NO-351 AND 352, to the east by 20 M WIDE ROAD and to the west by PLOT NO-354. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Other RERA-registered projects in Panvel

Major developers building in Panvel

Other RERA-registered projects in Raigarh

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.