MahaRERA Property Intelligence · Thane

EMERALD TOWER

P51700019317 · VENUS CIRCLE · promoter Baba Seagreen Developers

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700019317
Registered on23 Jan 2019
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.

Builder Track Record

Across MahaRERA, Baba Seagreen Developers is the promoter of record on 3 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.

Sales & Inventory

Of 241 homes filed with MahaRERA, 16 are sold/booked (13 with registered agreements + 3 booked) and 225 remain available (~7% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹8.12 Cr in agreement value so far. Of that, ₹4.47 Cr (~55%) is already collected, ₹3.65 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 16 registered agreements, the effective carpet rate is ₹7,314/sqft (typical range ₹4,635–₹9,745) — 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+26 and 241 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
EMERALD TOWER WING-A RESIDENTIAL1G+2688-
EMERALD TOWER WING-B RESIDENTIAL1G+26153-
EMERALD TOWER - SHOPS, OFFICES AND GODOWNS1G+26--

Unit mix on the filing: 176 residential and 65 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.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court8730/20172017Closed

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
30 Dec 202531 Dec 2027Due to slower-than-anticipated market conditions affecting sales velocity and consequent project cash flow, the construction schedule has been impacted

Location, Land & Connectivity

Located at VENUS CIRCLE, VENUS CHOWK, Ulhasnagar, Thane, 421004. Per the filed land record, the plot is bounded to the north by 30 M DP ROAD, to the south by 12 M DP ROAD, to the east by PROPERTY OF MOHAN GROUP and to the west by 18 M DP 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 ~29 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 park29 km
Andheri MIDC / SEEPZ32 km
Chhatrapati Shivaji Int'l Airport34 km
Bandra Kurla Complex (BKC)34 km
Lower Parel / Worli business district42 km
Nariman Point / Fort47 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

Sunshine Avenue
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Ganga Residency
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Jhalak Arena
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Roshan Galaxy
possession by Dec 2026 · Royal Group
SEA Green Aurus
possession by Feb 2027 · Sea Green Homes
Elite Crystal
possession by Jun 2027 · Elite Ulhas

Other RERA-registered projects in Thane

Emperia C2
possession by Dec 2028 · Vee Square Tech Construct LLP
Emperia I Park
possession by Dec 2030 · Manometer LLP
Empire City Building No. 1
possession by Dec 2026 · Empire Developers
Empire Dynasty
possession by Dec 2030 · Lakhani Builders PVT LTD
Empire Heritage
possession by Jul 2027 · Lakhani Builders PVT LTD
Empire Industrial Centrum Phase 5
possession by Jun 2027 · Empire Industries LTD

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