MahaRERA Property Intelligence · Thane

FLOWER VALLEY

P51700024317 · VASUDEV NAGAR · promoter Jagani Developers

Certificate SignedDue 08 Nov 2025

Delivery & Registration

MahaRERA registrationP51700024317
Registered on05 Feb 2020
Promoter-declared completion08 Nov 2025
Current statusCertificate Signed
Against todayabout 8 months past 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 ~72.5% of the estimated project cost incurred as of the last certificate (₹5.44 Cr spent against a ₹7.51 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. The declared completion date has already passed while the cost-incurred filing sits at ~72.5% — a wide gap between the promise and the money actually spent on site.

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 40 homes filed with MahaRERA, 34 are sold/booked (31 with registered agreements + 3 booked) and 6 remain available (~85% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹7.73 Cr in agreement value so far. Of that, ₹5.97 Cr (~77%) is already collected, ₹1.76 Cr receivable — a read on how far along these sales really are. Note: the project registers 61 homes in total, but this sold/unsold inventory filing covers only 40 of them — the other 21 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 34 registered agreements, the effective carpet rate is ₹5,005/sqft (typical range ₹4,705–₹5,503) — 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 1B 102274 sqft (25.5 sqm)₹7.79 Lakh
Floor 2A 202516 sqft (47.9 sqm)₹14.62 Lakh
Floor 5B 501460 sqft (42.71 sqm)-
Floor 5B 502274 sqft (25.5 sqm)-
Floor 7A 702516 sqft (47.9 sqm)₹15.36 Lakh
Upper GroundA G-1496 sqft (46.12 sqm)₹10.77 Lakh

⚠ The inventory filing also declares: 21 not for sale. 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+8 and 61 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
FLOWER VALLEY1G+861-

Unit mix on the filing: 61 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
09 Nov 202308 Nov 2024DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION FOR 12 MONTHS
09 Nov 202308 Nov 20251.The processing of loans by customers through their respective banks and financial institutions has also been delayed. This delay has directly impacted their ability to make timel

Location, Land & Connectivity

Located at VASUDEV NAGAR, KALYAN BHIWANDI ROAD, Bhiwandi, Thane, 421311. Per the filed land record, the plot is bounded to the north by OPEN LAND, to the south by OPEN LAND, to the east by ROAD and to the west by BUILDING. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8050 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ8050 km
Powai / Hiranandani business park8051 km
Chhatrapati Shivaji Int'l Airport8054 km
Bandra Kurla Complex (BKC)8057 km
Lower Parel / Worli business district8065 km
Nariman Point / Fort8073 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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Tahoora Complex
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Atlantic
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Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Flowervalley
declared completion Dec 2024 · Siddhivinayak Enterprises
Fontana A ,B, I And J
declared completion Dec 2022 · Palava Dwellers Private Limited
Forest Vista
possession by Dec 2036 · Kashimira Ceramic Products LLP
Foresta
possession by Dec 2027 · Not Available
Foresta A, B, H And I
declared completion Nov 2025 · Lodha Developers Limited
Foresta C, D And G
declared completion Apr 2026 · Lodha Developers Limited

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