MahaRERA Property Intelligence · Thane

BLDG 23 AS PER SALE PLAN WING E AS PER APPROVED PLAN

P51700008895 · MIRA ROAD EAST · promoter Uday Ghanshyam Naik

Certificate SignedDue 30 Dec 2027

Delivery & Registration

MahaRERA registrationP51700008895
Registered on19 Aug 2017
Promoter-declared completion30 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, Uday Ghanshyam Naik is the promoter of record on 32 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.

Construction Progress

MahaRERA's cost filing puts construction at ~6.5% of the estimated project cost incurred as of the last certificate (₹1.28 Cr spent against a ₹19.76 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 85 homes filed with MahaRERA, 51 are sold/booked and 34 remain available (~60% sold) — selling steadily. Buyers have committed ₹22.66 Cr in agreement value so far. Of that, ₹11.17 Cr (~49%) is already collected, ₹11.48 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 51 registered agreements, the effective carpet rate is ₹7,903/sqft (typical range ₹7,072–₹10,871) — 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:

FloorUnitCarpetReckoner value
Floor 1101441 sqft (40.95 sqm)₹44.01 Lakh
Floor 1103598 sqft (55.58 sqm)₹59.73 Lakh
Floor 1104598 sqft (55.55 sqm)₹59.70 Lakh
Floor 111104598 sqft (55.55 sqm)₹64.18 Lakh
Floor 131303598 sqft (55.58 sqm)₹64.21 Lakh
Floor 131304598 sqft (55.55 sqm)₹64.18 Lakh
Floor 141401441 sqft (40.95 sqm)₹47.31 Lakh
Floor 141403598 sqft (55.58 sqm)₹64.21 Lakh
Floor 151501441 sqft (40.95 sqm)₹47.31 Lakh
Floor 151502439 sqft (40.79 sqm)₹47.12 Lakh
Floor 161603598 sqft (55.58 sqm)₹64.21 Lakh
Floor 161604598 sqft (55.55 sqm)₹64.18 Lakh
Floor 171701441 sqft (40.95 sqm)₹47.31 Lakh
Floor 171702439 sqft (40.79 sqm)₹47.12 Lakh
Floor 171703598 sqft (55.58 sqm)₹64.21 Lakh
Floor 181803598 sqft (55.58 sqm)₹64.21 Lakh
Floor 191901441 sqft (40.95 sqm)₹47.31 Lakh
Floor 191902439 sqft (40.79 sqm)₹47.12 Lakh
Floor 191903598 sqft (55.58 sqm)₹64.21 Lakh
Floor 191904598 sqft (55.55 sqm)₹64.18 Lakh
Floor 202001441 sqft (40.95 sqm)₹47.31 Lakh
Floor 202002439 sqft (40.79 sqm)₹47.12 Lakh
Floor 202003598 sqft (55.58 sqm)₹64.21 Lakh
Floor 202004598 sqft (55.55 sqm)₹64.18 Lakh
Floor 222201441 sqft (40.95 sqm)₹48.41 Lakh
Floor 222202439 sqft (40.79 sqm)₹48.22 Lakh
Floor 222203598 sqft (55.58 sqm)₹65.71 Lakh
Floor 222204598 sqft (55.55 sqm)₹65.67 Lakh
Floor 4403598 sqft (55.58 sqm)₹59.73 Lakh
Floor 4404598 sqft (55.55 sqm)₹59.70 Lakh
Floor 5501441 sqft (40.95 sqm)₹46.21 Lakh
Floor 8803598 sqft (55.58 sqm)₹62.72 Lakh
Floor 8804598 sqft (55.55 sqm)₹62.68 Lakh
Floor 9902439 sqft (40.79 sqm)₹46.03 Lakh

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+22 and 85 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BLDG 23 AS PER SALE PLAN WING E AS PER APPROVED PLAN1G+2285-

Unit mix on the filing: 85 residential.

Complaints & Orders

4 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000005492715/06/20181)JAYANTILAL N. KARANIA 2) SHOBHNA J. KARANIA 3) PRAVIN DHARAMSHI SHAH HUF vs G.N. CONSTRUCTION BUILDERS & DEVELOPERSorder passed
CC00600000018196927/12/2019Sudhir R. wawdhane vs G.N.Constructionorder passed
CC00600000019719709/06/2021Lalita Banka vs G.N Constructions Builders and Developersorder passed
CC00600000019727016/06/2021Angaja Phalguni vs G. N. constructions Builders & Developersorder passed

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 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
S D Thane2151992Closed

Deadline Extensions

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
29 Dec 202429 Dec 2024Revised Commencement Certificate not yet received due to delay in ULC Clearance.
30 Dec 202330 Dec 2027as per application enclosed

Location, Land & Connectivity

Located at MIRA ROAD EAST, MIRA BHAYANDAR ROAD, Thane, Thane, 401107. Per the filed land record, the plot is bounded to the north by S NO 182 HISSA NO 8, to the south by S NO 182 HISSA NO 3, to the east by S NO 182 HISSA NO 6 and to the west by S NO 182 HISSA NO 5. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~21 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ21 km
Powai / Hiranandani business park23 km
Chhatrapati Shivaji Int'l Airport25 km
Bandra Kurla Complex (BKC)28 km
Lower Parel / Worli business district35 km
Nariman Point / Fort43 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

Uday Ghanshyam Naik is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Uday Ghanshyam Naik

Other RERA-registered projects in Mira Road East

Ganesh Darshan
possession by Jul 2026 · J.v. Realty
Savaliya Residency
possession by Jul 2026 · Shree Savaliya Housing LLP
127 RAJ Homes A Wing
possession by Aug 2026 · RAJ Homes
Beaumonde
possession by Sep 2026 · Kanungo Property
Rassaz Greens Tower C D AND E
possession by Dec 2026 · Rassaz Infrastructure Private Limited
Coral
Deregistered by MahaRERA · possession by Dec 2026 · Nilesh Shantilal Tank

Major developers building in Mira Road East

Other RERA-registered projects in Thane

Blessings Apartment
declared completion Mar 2025 · Blessings Enterprises
Bliss Avenue
declared completion Mar 2024 · Prakash Dwarkadas Wadhawa
Blossom
declared completion Dec 2023 · Apna Ghar Builders AND Developers
Blossom Height
possession by Dec 2028 · Shiv Sai Constructions
Blossom Residency
possession by Dec 2028 · Shree Construction
Blue Bali CO-Operative Housing Society Limited
possession by Mar 2029 · Shreeman Developers

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