MahaRERA Property Intelligence · Thane

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P51700077836 · THANE · promoter Shreenath Enterprises

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700077836
Registered on07 Nov 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Shreenath Enterprises is the promoter of record on 62 projects, of which 11 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 ~26.9% of the estimated project cost incurred as of the last certificate (₹6.72 Cr spent against a ₹25.00 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 30 homes filed with MahaRERA, 10 are sold/booked and 20 remain available (~33% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹13.36 Cr in agreement value so far. Of that, ₹5.67 Cr (~42%) is already collected, ₹7.69 Cr receivable — a read on how far along these sales really are. Note: the project registers 50 homes in total, but this sold/unsold inventory filing covers only 30 of them — the other 20 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 10 registered agreements, the effective carpet rate is ₹20,559/sqft (typical range ₹13,242–₹23,064) — 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 1101660 sqft (61.34 sqm)₹81.18 Lakh
Floor 1102660 sqft (61.34 sqm)₹81.18 Lakh
Floor 1103630 sqft (58.55 sqm)₹77.49 Lakh
Floor 1104630 sqft (58.55 sqm)₹77.49 Lakh
Floor 101002660 sqft (61.34 sqm)₹87.42 Lakh
Floor 121201660 sqft (61.34 sqm)₹87.42 Lakh
Floor 2201660 sqft (61.34 sqm)₹81.18 Lakh
Floor 2202660 sqft (61.34 sqm)₹81.18 Lakh
Floor 2203630 sqft (58.55 sqm)₹77.49 Lakh
Floor 2204630 sqft (58.55 sqm)₹77.49 Lakh
Floor 3301660 sqft (61.34 sqm)₹81.18 Lakh
Floor 3302660 sqft (61.34 sqm)₹81.18 Lakh
Floor 3303630 sqft (58.55 sqm)₹77.49 Lakh
Floor 3304630 sqft (58.55 sqm)₹77.49 Lakh
Floor 4402660 sqft (61.34 sqm)₹81.18 Lakh
Floor 4403630 sqft (58.55 sqm)₹77.49 Lakh
Floor 4404630 sqft (58.55 sqm)₹77.49 Lakh
Floor 5503630 sqft (58.55 sqm)₹83.45 Lakh
Floor 5504630 sqft (58.55 sqm)₹83.45 Lakh
Floor 8801660 sqft (61.34 sqm)₹87.42 Lakh

⚠ The inventory filing also declares: 20 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+13 and 50 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING 11G+1350-

Unit mix on the filing: 50 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.

Location, Land & Connectivity

Located at THANE, MOUJE PANCH PAKHADI, , Bhiwandi, Thane, 400602. Per the filed land record, the plot is bounded to the north by EXISTING BUILDING, to the south by 12 M DP ROAD, to the east by EXISTING BUILDING and to the west by 12 M DP 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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Builder track record

Shreenath Enterprises is the promoter on 12 MahaRERA-registered projects, of which 3 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Shreenath Enterprises project & its RERA track record →

Other flagged projects by Shreenath Enterprises

Shreenath Enterprises
FlaggedThane
Shreenath Enterprises
FlaggedPalghar
Shreenath Enterprises
FlaggedPalghar
Shreenath Enterprises
Not filing quarterly progress reportsPalghar
Shreenath Enterprises
Not filing quarterly progress reportsPalghar
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FlaggedPalghar

Other RERA-registered projects in Naupada

Veer Galaxy
possession by Jul 2026 · Yash Infra
Ashtavinayak Residency
possession by Sep 2026 · Ashvattha Realty LLP
Shree Krupa CO OP Housing Society
possession by Sep 2026 · Sharda Vastu Nirmitee Pvt. Ltd.
Ashirwad Co-Operative Housing Society Ltd
possession by Oct 2026 · Padmanabh Developers
Platinum Square
possession by Oct 2026 · Ratnamani Buildcon
Om Yashodhan Chsl
possession by Nov 2026 · Silver Stone Realty

Major developers building in Naupada

Other RERA-registered projects in Thane

Esan Nilayam Apartment
possession by Oct 2026 · Yash Bhupesh Deshaware
Esquire
possession by Dec 2027 · JP Infra&salasar Buildcon LLP
Estella - Tower C And D
possession by Jun 2032 · Agile Real Estate DEV Private Limited
Estrella Villas
possession by Jan 2027 · Bhavya Developers
Eternal Avenue
declared completion Mar 2018 · Magnum Life Spaces
Euro Ville Phase I
declared completion Dec 2022 · Vastu Rachana JV

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