MahaRERA Property Intelligence · Thane

CONCEPT ARENA

P51700003805 · promoter Concept Realty

Certificate SignedDue 29 Dec 2023

Delivery & Registration

MahaRERA registrationP51700003805
Registered on06 Aug 2017
Promoter-declared completion29 Dec 2023
Current statusCertificate Signed
Against todayabout 31 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, Concept Realty is the promoter of record on 21 projects, of which none currently 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.

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+9.

BuildingWingsFloorsDeclared completion
DAFFODIL1G+830 Dec 2020
ASTER1G+830 Dec 2020
MARIGOLD1G+930 Dec 2020

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

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 202330 Jun 2022The project is under construction & we have completed more than 55% work on the project. However due to imposition of lockdown and consequently migration of labour and contractors
29 Dec 202329 Dec 2023Dear sir/madam, The Project is under construction and almost 90% completed, but due to shoratge of labour, we are facing difficulty in completing the project on time. Hence we req

Location, Land & Connectivity

Located at Ambarnath, Thane, 421501. Per the filed land record, the plot is bounded to the north by SURVEY NO 58 2, to the south by SURVEY NO 58 4, to the east by SURVEY NO 61 and to the west by 18 MTR WIDE DP 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 ~30 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 park30 km
Andheri MIDC / SEEPZ33 km
Chhatrapati Shivaji Int'l Airport35 km
Bandra Kurla Complex (BKC)35 km
Lower Parel / Worli business district43 km
Nariman Point / Fort48 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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Other RERA-registered projects in Ambernath

24 High Bizbay
possession by Jul 2026 · Apex Infra
Shree Gajanan Enterprises Rukhmini CHS
possession by Jul 2026 · Shree Gajanan Enterprises Rukhmini CHS
Walekar Homes
possession by Aug 2026 · Walekar & Son's Developers
Patels Eirene
possession by Aug 2026 · Pramukh Developers
Ashok Smruti
possession by Sep 2026 · Asha Construction
Chadha Residency
possession by Sep 2026 · Chadha Developers AND Promoters

Major developers building in Ambernath

Other RERA-registered projects in Thane

Concorde Realty Kailash Building NO 11
declared completion Dec 2025 · Concorde Realty
Constrcution Of 2557 EWS Tenements At S.no.157/1,village Gotheghar,tal . Dist.-Thane Pmay Project
possession by Jun 2028 · Maharashtra Housing And Area Development
Constructing EWS And LIG Tenements Under Pmay On S No 86 95 And 133 At Shirdhon Tal Kalyan Distthane
possession by Mar 2027 · Maharashtra Housing AND Area Development
Continental Acropolis
declared completion Dec 2022 · Continental Builders AND Developers
Continental Futura
possession by Mar 2028 · Continental Sidhant Reality
Continental Signature
possession by Dec 2029 · Sacvir Realtors LLP

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