MahaRERA Property Intelligence · Thane

Devashree Park

P51700015920 · KOLSHET · promoter Ramesh Sawant

Certificate SignedDue 31 Dec 2023

Delivery & Registration

MahaRERA registrationP51700015920
Registered on09 Apr 2018
Promoter-declared completion31 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, Ramesh Sawant is the promoter of record on 163 projects, of which 25 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+0.

BuildingWingsFloorsDeclared completion
Building A1G+031 Mar 2021
Building B1G+031 Mar 2021
Building D1-31 Mar 2021
Row house1G+031 Mar 2021

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000039777312/10/2023RAMAKANT DYAWANPALLI vs RAMESH SAWANTorder passed
CC00600000059143306/08/2024Navin Kantilal Thakkar vs Ms R W Sawant and Coorder passed

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 Mar 202231 Dec 2023Due to the Proprietor's health problems, there was a lack of control in handling and observing the construction work. Hence the proprietor wants to apply to extend the completion d
30 Mar 202230 Jun 2023Lack of material and labour resources, delay in approvals.
30 Mar 202231 Dec 2022The completion date of the project is being extended due to Covid-19 and lock-down situation.

Location, Land & Connectivity

Located at KOLSHET, KOLSHET ROAD, Thane, Thane, 400607. Per the filed land record, the plot is bounded to the north by 46 1B 46 1C 46 7A 47 3A, to the south by 50 2B 50 4C 50 4B 48 14A 48 8B 48 4B, to the east by 46 7A 46 7C 46 9A 50 3B 50 2B and to the west by KOLSHET ROAD THANE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~16 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park16 km
Andheri MIDC / SEEPZ17 km
Chhatrapati Shivaji Int'l Airport21 km
Bandra Kurla Complex (BKC)23 km
Lower Parel / Worli business district32 km
Nariman Point / Fort39 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

Godrej Exquisite
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Lodha Crown Kolshet-Tower 1
possession by Sep 2026 · Lodha Developers Limited
Odysseus
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Unique Vistas Mhada Building NO. 1,2,3
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Unique Vistas Mhada Buildingno. 4 5 6 7
possession by Sep 2026 · Madhu Harshad Doshi
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

Major developers building in Thane

Other RERA-registered projects in Thane

Devbhoomi Residential Complex
declared completion May 2019 · Akshay Enterprises
Devdatta Co-Op. Hsg. Soc. Ltd
declared completion Dec 2023 · Shree Swami Krupa Builders And Developer
Devesh
declared completion Aug 2023 · OM Construction CO
Devi Crown
declared completion Dec 2023 · Dinesh Nandkishore Sikhwal
Devi Heights
declared completion Jun 2026 · Luxur AND Lavish Homes
Devi Hills
possession by Dec 2026 · SAI RAM 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