MahaRERA Property Intelligence · Thane

DAMODAR TOWER

P51700029603 · KHARI VILLAGE, BHAYANDAR EAST · promoter Jaanvi Developers

Certificate SignedDue 25 Mar 2027

Delivery & Registration

MahaRERA registrationP51700029603
Registered on11 Jun 2021
Promoter-declared completion25 Mar 2027
Current statusCertificate Signed
Against today8 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.

Construction Progress

MahaRERA's cost filing puts construction at ~92.9% of the estimated project cost incurred as of the last certificate (₹13.94 Cr spent against a ₹15.00 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 127 homes filed with MahaRERA, 127 are sold/booked (31 with registered agreements + 96 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹27.00 Cr in agreement value so far. Of that, ₹11.23 Cr (~42%) is already collected, ₹15.53 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 127 registered agreements, the effective carpet rate is ₹10,298/sqft (typical range ₹8,284–₹18,978) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 1 reserved and 1 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+14 and 129 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
DAMODAR TOWER1G+14129-

Unit mix on the filing: 104 residential and 25 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
31 Mar 202625 Mar 2027We respectfully submit that the project construction has been substantially completed in all material aspects. However, the Occupancy Certificate (OC) from the competent authority

Location, Land & Connectivity

Located at KHARI VILLAGE, BHAYANDAR EAST, B P ROAD, Thane, Thane, 401105. Per the filed land record, the plot is bounded to the north by 90 D P ROAD, to the south by SURVEY NO 136 HISSA NO 3, to the east by SURVEY NO 136 HISSA NO 4 and to the west by SURVEY NO 136 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 ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ10 km
Powai / Hiranandani business park13 km
Chhatrapati Shivaji Int'l Airport14 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district24 km
Nariman Point / Fort32 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 Thane

Dandelia
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Darshana Heights
declared completion Dec 2024 · Sudama Construction Co.
Darshani Co-Op. Housing Soc. Ltd
declared completion Dec 2024 · Joshi Enterprises
Dasarath Plaza
declared completion Mar 2021 · Prabhat Builders & Developers
Dashmesh Crystal
declared completion Dec 2023 · Dashmesh Infrastructure
Dashmesh Crystal Phase 2
declared completion Jun 2024 · Dashmesh Infrastructure

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