MahaRERA Property Intelligence · Thane

CHARMS HEIGHTS PHASE-III B2-B3

P51700002081 · Titwala · promoter Charms Developers

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP51700002081
Registered on31 Jul 2017
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 months past 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, Charms Developers is the promoter of record on 19 projects, of which 1 carries 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 ~95.3% of the estimated project cost incurred as of the last certificate (₹21.45 Cr spent against a ₹22.50 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 98 homes filed with MahaRERA, 89 are sold/booked (85 with registered agreements + 4 booked) and 9 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹26.35 Cr in agreement value so far. Of that, ₹22.04 Cr (~84%) is already collected, ₹4.32 Cr receivable — a read on how far along these sales really are. Note: the project registers 127 homes in total, but this sold/unsold inventory filing covers only 98 of them — the other 29 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 89 registered agreements, the effective carpet rate is ₹6,690/sqft (typical range ₹5,354–₹7,265) — 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 101004382 sqft (35.51 sqm)₹24.86 Lakh
Floor 101005382 sqft (35.51 sqm)₹24.86 Lakh
Floor 111106382 sqft (35.51 sqm)₹24.86 Lakh
Floor 6605382 sqft (35.51 sqm)₹24.86 Lakh
Floor 8803382 sqft (35.51 sqm)₹24.86 Lakh
Floor 8804382 sqft (35.51 sqm)₹24.86 Lakh
Ground/Floor 0SHOP NO 2181 sqft (16.79 sqm)₹15.95 Lakh
Ground/Floor 0SHOP NO 3228 sqft (21.21 sqm)₹20.89 Lakh
Ground/Floor 0SHOP NO 4256 sqft (23.79 sqm)₹22.62 Lakh

⚠ The inventory filing also declares: 29 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+11 and 127 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
B2- BELUCA1G+1065-
B3- CORONA1G+1162-

Unit mix on the filing: 120 residential and 7 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250189210/06/2025Shraddha Shashank Mhatre vs Charms Developerspending / no order on file

Legal & Litigation

The promoter has declared 2 court cases 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 Judge Senior Division Kalyan39/20152015Pending
District Judge Kalyan126/20152015Fixed For Final Hearing

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 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 Jun 202231 Dec 2024DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION FOR 31/12/2024
30 Jun 202230 Jun 2023We request to grant extension for completion of the Project by 30th June , 2023 with the occupation certificate and accordingly we are applying for extension of time. Four Buildin
30 Jun 202231 Dec 2025Reasons for Delay 1 COVID-19 Pandemic (2020-2021): The unprecedented crisis resulted in labour shortages, disrupted supply chains, and financial constramts, significantly slowing

Location, Land & Connectivity

Located at Titwala, Sawarkar Nagar, Thane, Thane, 421605. Per the filed land record, the plot is bounded to the north by S NO 72 AND 73, to the south by S NO 119 AND DP ROAD 30 M, to the east by S NO 73 AND 74 and to the west by S NO 130-1 AND DP ROAD 18 M. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~37 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park37 km
Andheri MIDC / SEEPZ40 km
Chhatrapati Shivaji Int'l Airport42 km
Bandra Kurla Complex (BKC)44 km
Lower Parel / Worli business district51 km
Nariman Point / Fort57 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

Charms Developers is the promoter on 8 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Charms Developers project & its RERA track record →

Other flagged projects by Charms Developers

Charms Developers
Deregistered by MahaRERAThane

Other RERA-registered projects in Titwala

Marathe Tower
possession by Jul 2026 · Saiji Developers
Marathe Elenza
possession by Jul 2026 · Saiji Developers
Ganpati Heights
possession by Sep 2026 · Manoj Prabhakar Patil
Indrayani
possession by Oct 2026 · Naresh Yashwant Patil
Mantra
possession by Nov 2026 · Vaidikh Nirmaan LLP
Rusttagi Aarambha 2.0
possession by Nov 2026 · Rustagi Estates Private Limited

Other RERA-registered projects in Thane

Charms Hill
declared completion Dec 2019 · M/S Prime Developers
Charms Meadows Phase I
declared completion Mar 2018 · Charms Pride
Charms Padamavati Royal Phase 1
possession by Apr 2027 · Charms Developers
Charms Padamavati Royal Phase 2
possession by Apr 2027 · Charms Developers
Charms Paradise C Wing
declared completion Mar 2018 · Charms Corporation
Charms Park Phase 1
declared completion Mar 2018 · Charms Corporation

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