MahaRERA Property Intelligence · Thane

DHEERAJ HEIGHTS-PHASE-1

P51700051830 · BHIWANDI · promoter Sashwat Home

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700051830
Registered on07 Jul 2023
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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.

Builder Track Record

Across MahaRERA, Sashwat Home is the promoter of record on 5 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.

Construction Progress

MahaRERA's cost filing puts construction at ~69.8% of the estimated project cost incurred as of the last certificate (₹27.04 Cr spent against a ₹38.76 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 288 homes filed with MahaRERA, 287 are sold/booked (258 with registered agreements + 29 booked) and 1 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹47.24 Cr in agreement value so far. Of that, ₹27.10 Cr (~57%) is already collected, ₹20.14 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 287 registered agreements, the effective carpet rate is ₹5,125/sqft (typical range ₹5,125–₹5,125) — 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 10FLAT NO 1007321 sqft (29.84 sqm)₹16.46 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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 288 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 11G+14144-
BUILDING NO 21G+14144-

Unit mix on the filing: 288 residential.

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
31 Dec 202429 Dec 2025THIS PROJECT IS APPROVED UNDER PMAY SCHEME WHICH WAS APPROVED BY COMPETETN AUTHORITY ON DATED 31/03/2022 AND SHOULD BE COMPLETED WITHIN 5 YEAR FROM DATE OF APPROVAL. WE HAVE STARTE
31 Dec 202431 Dec 2026Delays in the delivery of construction materials (e.g., steel, lumber, cement). Price volatility and shortages of key materials lead to project delays, as we wait for resources to

Location, Land & Connectivity

Located at BHIWANDI, OPP POLYMATH SCHOOL, ANJURPHATA, NARPOLI, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by SURVEY NO 11 2 1 11 2 3, to the south by SURVEY NO 11 2 1, to the east by 18 METER WIDE and to the west by SURVEY NO. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Sashwat Home is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Sashwat Home

Other RERA-registered projects in Bhiwandi

Neelkanth Sadan
possession by Jul 2026 · Shreeji Enterprises
Hill Spring
possession by Aug 2026 · Asha Infratech
Nazir Heights
possession by Sep 2026 · A M Constructions
Rose Residency
possession by Sep 2026 · Kunal Ramesh Karaniya
Saniya Heights
possession by Sep 2026 · Moonshine Realtors PVT LTD
Upper Thane-Casa Eden
possession by Sep 2026 · Lodha Developers Limited

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Dheeraj Heights- Phase-II
possession by Dec 2026 · Sashwat Home
Dholes Empire
declared completion Aug 2019 · Elite Developers
Dhruvika Enclave
declared completion Sep 2020 · Manoyadnya Developers
Dhundiraj
declared completion Dec 2018 · Heramb Construction
Dhwani Residency
declared completion Dec 2023 · Vighnaharta Creations
Diamond Complex
declared completion Mar 2026 · Saqlaini Builders

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