MahaRERA Property Intelligence · Thane

DREAM IKON

P51700050862 · VILLAGE SHIRAVANE NERUL NAVI MUMBAI · promoter Dream Ikon Realtors

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700050862
Registered on09 May 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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 ~48.0% of the estimated project cost incurred as of the last certificate (₹52.80 Cr spent against a ₹110.00 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 477 homes filed with MahaRERA, 339 are sold/booked and 138 remain available (~71% sold) — selling steadily. Buyers have committed ₹142.38 Cr in agreement value so far. Of that, ₹67.86 Cr (~48%) is already collected, ₹74.52 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 339 registered agreements, the effective carpet rate is ₹12,046/sqft (typical range ₹10,502–₹12,458) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+16 and 477 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
DREAM IKON1G+16477-

Unit mix on the filing: 477 non-residential (shops/offices).

Complaints & Orders

3 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1260134211/03/2026Gaurav Jaiswal vs DREAM IKON REALTORSpending / no order on file
CC1260248628/04/2026SHAIKH NARGIS JAHAN vs DREAM IKON REALTORSpending / no order on file
CC1260401027/06/2026Shivam Shukla vs DREAM IKON REALTORSpending / no order on file

Location, Land & Connectivity

Located at VILLAGE SHIRAVANE NERUL NAVI MUMBAI , PLOT NO D-223/B IN THE TTC AREA MIDC , Panvel, Raigarh, 400706. Per the filed land record, the plot is bounded to the north by PRIVATE 20M WIDE ROAD, to the south by PLOT NO D 224, to the east by PLOT NO 8 PLOT NO D223 C and to the west by BYTHE MIDC SERVICE ROAD. 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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Other RERA-registered projects in Thane

Dream Land
possession by Jun 2029 · Golden Triangle Builders & Developer
Dream Makers
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Dream Nesting
possession by Dec 2027 · Maitri Homes
Dream Nexus
possession by Apr 2029 · Dream Constructions
Dream Nityanand
possession by Dec 2028 · Dream Constructions
Dream Paradise
possession by Dec 2027 · Pridedream Realtors

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