MahaRERA Property Intelligence · Thane

ELITE ZEN

PR1330002501300 · ULHASNAGAR 421002 · promoter Elite Group (Ulhas)

Certificate SignedDue 31 Oct 2027

Delivery & Registration

MahaRERA registrationPR1330002501300
Registered on20 Oct 2025
Promoter-declared completion31 Oct 2027
Current statusCertificate Signed
Against today15 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, Elite Group (Ulhas) is the promoter of record on 61 projects, of which 6 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 ~48.6% of the estimated project cost incurred as of the last certificate (₹5.83 Cr spent against a ₹12.00 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 24 homes filed with MahaRERA, 12 are sold/booked (9 with registered agreements + 3 booked) and 12 remain available (~50% sold) — selling steadily. Buyers have committed ₹4.36 Cr in agreement value so far. Of that, ₹2.92 Cr (~67%) is already collected, ₹1.43 Cr receivable — a read on how far along these sales really are. Note: the project registers 41 homes in total, but this sold/unsold inventory filing covers only 24 of them — the other 17 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 12 registered agreements, the effective carpet rate is ₹7,350/sqft (typical range ₹6,526–₹10,700) — 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 1OFFICE NO 8173 sqft (16.08 sqm)₹13.85 Lakh
Floor 10Flat no 10011,021 sqft (94.83 sqm)₹63.06 Lakh
Floor 10Flat no 1002708 sqft (65.79 sqm)₹43.75 Lakh
Floor 2FLAT NO 2011,072 sqft (99.59 sqm)₹66.23 Lakh
Floor 4FLAT NO 402815 sqft (75.67 sqm)₹50.32 Lakh
Floor 6Flat no 6011,072 sqft (99.59 sqm)₹66.23 Lakh
Floor 7Flat no 702434 sqft (40.29 sqm)₹26.80 Lakh
Floor 8Flat no 802815 sqft (75.67 sqm)₹50.32 Lakh
Ground/Floor 0Shop no 3208 sqft (19.29 sqm)₹20.14 Lakh
Ground/Floor 0Shop no 4218 sqft (20.23 sqm)₹21.12 Lakh
Ground/Floor 0Shop no 5303 sqft (28.11 sqm)₹29.35 Lakh
Ground/Floor 0Shop no 6418 sqft (38.85 sqm)₹40.56 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+11 and 41 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
RADHA NIWAS CO OP HOSING SOCIETY 1G+1141-

Unit mix on the filing: 26 residential and 15 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.

Location, Land & Connectivity

Located at ULHASNAGAR 421002, RADHA NIWAS CHS, CTS NO 8226, 31191 & 31209, PLOT NO 706, BLK NO 47, ROOM NO 282, SECTION 7/B, NEAR TELEPHONE EXCHANGE, Ulhasnagar, Thane, 421002. Per the filed land record, the plot is bounded to the north by RANI MAA APARTMENT , to the south by JAI SINDHUNAGAR TRANSPORT, to the east by MAA BHAGWANTI APARTMENT and to the west by 24 MT ROAD . Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~32 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 park32 km
Andheri MIDC / SEEPZ35 km
Chhatrapati Shivaji Int'l Airport37 km
Bandra Kurla Complex (BKC)38 km
Lower Parel / Worli business district45 km
Nariman Point / Fort51 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 Ulhasnagar

Atlanta Mannat
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Spectrum Residency
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Pride Park
declared completion Dec 2025 · Nikhil Rajesh Sukhramani
Vishwajeet City Plaza
declared completion Apr 2024 · Abhijeet Buildcon
SAI World Retreat
declared completion Oct 2023 · Paradise Leisure Homes

Other RERA-registered projects in Thane

Elito Grand Central
possession by Dec 2026 · Fortune Infracreators Private Limited
Ellora Heights
declared completion Jul 2019 · Ellora Realcon LLP
Ellora Olearise
declared completion Dec 2022 · Vijay Ravjibhai Gajra
Elyra By Puraniks
possession by Dec 2032 · Neelshilp Constructions Private Limited
Elysia D-4
possession by Dec 2031 · Vihang Infrastructure PVT LTD
Emaar Height
possession by Dec 2029 · M/S Kanakbhumi Buidcom LLP

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