Plotted Development Intelligence · Thane

Crystal Homes

P51700007282 · promoter Shreedham Construction Private

Certificate SignedDue 30 Dec 2023

Delivery & Registration

MahaRERA registrationP51700007282
Registered on17 Aug 2017
Promoter-declared completion30 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, Shreedham Construction Private is the promoter of record on 5 projects, of which 3 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.

Complaints & Orders

3 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000005478919/06/2018Sudhir Mahadik vs Shreedham Construction Pvt. Ltd.order passed
CC1240000903/09/2024Vandana Ramsumer Pandey vs Shreedham Construction Private Limitedorder passed
CC1260083414/02/2026Vandana Ramsumer Pandey vs Shreedham Construction Private Limitedorder passed

Location, Land & Connectivity

Located at Borivali, Mumbai Suburban, 421401. Per the filed land record, the plot is bounded to the north by Gut No 504, to the south by Gut No 520 Part 3, to the east by Gut No 522 and to the west by Gut No 512. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~56 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 park56 km
Andheri MIDC / SEEPZ59 km
Chhatrapati Shivaji Int'l Airport61 km
Bandra Kurla Complex (BKC)61 km
Lower Parel / Worli business district67 km
Nariman Point / Fort71 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

Shreedham Construction Private Limited is the promoter on 3 MahaRERA-registered projects, of which 3 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 Shreedham Construction Private Limited project & its RERA track record →

Other flagged projects by Shreedham Construction Private Limited

Shreedham Construction Private Limited
Developer in insolvency (NCLT)Mumbai Suburban
Shreedham Construction Private Limited
Developer in insolvency (NCLT)Thane

Other RERA-registered projects in Murbad

Shree Siddhivinayak Park C1,c2,c3
Not filing quarterly progress reports · possession by Dec 2026 · Satyashiv Developers
Madhusudan Retreat Terraces
possession by Dec 2026 · Madhusudan Leisure Homes
OM Shree SAI Villa
possession by Dec 2026 · Not Available
SAI Krishna Heights
possession by Dec 2026 · OM SAI Developers
SAI Krupa Apartment
possession by Dec 2026 · Bhimraj Ganpat More
Sarosh Complex
possession by Dec 2026 · Sarosh Imran Kohari

Other RERA-registered projects in Thane

Crystal Plaza
declared completion Nov 2023 · Reliance Enterprises
Crystal Retreat Phase 1
possession by Dec 2030 · Ajay & Sanjay Maheshwari
Crystal Spires
declared completion Jun 2023 · Luxora Realtors Private Limited
Cyber Code
possession by Sep 2026 · Greenscape Realty
Cyber Square - 1
possession by Dec 2031 · Greenscape IT Park LLP
Cyber Works
possession by Dec 2026 · Greenscape Ventures

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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