BHAWANI SHANKAR RESIDENCY

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Bhawani Shankar Residency 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 ~85.8% of the estimated project cost incurred as of the last certificate (₹14.20 Cr spent against a ₹16.56 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 192 homes filed with MahaRERA, 167 are sold/booked and 25 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹24.26 Cr in agreement value so far. Of that, ₹20.62 Cr (~85%) is already collected, ₹3.64 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 167 registered agreements, the effective carpet rate is ₹5,031/sqft (typical range ₹4,443–₹5,598) — 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+7 and 192 homes are registered across the project.

Unit mix on the filing: 171 residential and 21 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 BADLAPUR, BADLAPUR, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by S NO 16, to the south by ADJOINING S NO 18 H NO 3, to the east by S NO 16 and to the west by ADJOINING 18 MTR WIDE 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 ~154 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Other RERA-registered projects in Badlapur

Major developers building in Badlapur

Other RERA-registered projects in Thane

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.