Rais Aziz Qureshi
MahaRERA Property Intelligence · Thane
P51700019003 · THANE · promoter Rais Aziz Qureshi
| MahaRERA registration | P51700019003 |
| Registered on | 28 Dec 2018 |
| Promoter-declared completion | 31 Mar 2027 |
| Current status | Certificate Signed |
| Against today | 8 months to the declared date |
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.
Across MahaRERA, Rais Aziz Qureshi is the promoter of record on 12 projects, of which 5 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.
Of 77 homes filed with MahaRERA, 70 are sold/booked (45 with registered agreements + 25 booked) and 7 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹19.69 Cr in agreement value so far. Of that, ₹11.79 Cr (~60%) is already collected, ₹7.81 Cr receivable — a read on how far along these sales really are. Note: the project registers 154 homes in total, but this sold/unsold inventory filing covers only 77 of them — the other 77 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 70 registered agreements, the effective carpet rate is ₹5,594/sqft (typical range ₹4,211–₹7,088) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 594 sqft (55.15 sqm) | ₹33.00 Lakh |
| Floor 13 | 1305 | 594 sqft (55.15 sqm) | ₹33.00 Lakh |
| Floor 18 | 1801 | 594 sqft (55.15 sqm) | ₹33.00 Lakh |
| Floor 3 | 306 | 395 sqft (36.7 sqm) | ₹23.00 Lakh |
| Floor 9 | 902 | 594 sqft (55.15 sqm) | ₹33.00 Lakh |
| Floor 9 | 903 | 411 sqft (38.2 sqm) | ₹23.00 Lakh |
| Ground/Floor 0 | SHOP NO. 2 | 175 sqft (16.23 sqm) | ₹23.00 Lakh |
⚠ The inventory filing also declares: 12 reserved and 65 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+20 and 154 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| ROW HOUSE | 1 | G+0 | 1 | - |
| A WING | 1 | G+8 | 27 | - |
| B WING | 1 | G+20 | 126 | - |
Unit mix on the filing: 134 residential and 20 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 30 Dec 2023 | 29 Dec 2024 | Due to technical issues in environment clearance, permissions and further CC , Construction stopped because of financial issues & Overall industry slowdown during the period. Now |
| 30 Dec 2023 | 30 Dec 2025 | Dear Sir/Ma’am, I, Mr. Rais Qureshi, hereby declare the following with respect to the project “FATIMA ENCLAVE - A & B” bearing registration number P51700019003 registered under |
| 30 Dec 2023 | 31 Mar 2027 | The Promoter respectfully submits that the real estate project could not be completed within the originally registered timeline due to certain unavoidable circumstances that were b |
Located at THANE, KAUSA MUMBRA, Thane, Thane, 400612. Per the filed land record, the plot is bounded to the north by 19 10 03 6N, to the south by 73 01 47 6E, to the east by 73 01 47 6E and to the west by 19 10 03 6N. 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.
🔒 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.
🔒 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.
Should you buy in FATIMA ENCLAVE- A & B?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
Rais Aziz Qureshi is the promoter on 3 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).
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