MahaRERA Property Intelligence · Mumbai Suburban

GAIKWAD RESIDENCY

P51700032676 · Near Water Tank · promoter Niwara Group

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700032676
Registered on17 Jan 2022
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Niwara Group is the promoter of record on 8 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.

Construction Progress

MahaRERA's cost filing puts construction at ~85.2% of the estimated project cost incurred as of the last certificate (₹2.39 Cr spent against a ₹2.80 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 35 homes filed with MahaRERA, 28 are sold/booked (25 with registered agreements + 3 booked) and 7 remain available (~80% sold) — selling steadily. Buyers have committed ₹4.38 Cr in agreement value so far. Of that, ₹3.10 Cr (~71%) is already collected, ₹1.28 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 28 registered agreements, the effective carpet rate is ₹5,465/sqft (typical range ₹4,805–₹5,842) — 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 2203226 sqft (21 sqm)₹7.43 Lakh
Floor 4403226 sqft (21 sqm)₹7.43 Lakh
Floor 6603226 sqft (21 sqm)₹7.43 Lakh
Floor 6605226 sqft (20.95 sqm)₹7.42 Lakh
Floor 7701317 sqft (29.42 sqm)₹10.41 Lakh
Floor 7703226 sqft (21 sqm)₹7.43 Lakh
Floor 7705226 sqft (20.95 sqm)₹7.42 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+8 and 35 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
GAIKWAD RESIDENCY1G+83531 Dec 2025

Unit mix on the filing: 35 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 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
31 Dec 202531 Dec 2026We apologize for the delay in the completion of the project. The delay occurred as the project was registered under RERA on 17/01/2022, and due to the post-COVID impact, the real e

Location, Land & Connectivity

Located at Near Water Tank, Umbharni Maniwali Road, Kalyan, Thane, 421102. Per the filed land record, the plot is bounded to the north by S NO 37-4, to the south by S NO-53-2-A-3, to the east by S NO-51-1S NO -51-4 and to the west by S NO-S NO-52-1. 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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Ashapura Galaxy
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Lotus Residency
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Neptune Triveni Sangam
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Other RERA-registered projects in Thane

Gajanan
declared completion Jun 2023 · GK Buildcon
Gajanan Icon
possession by Dec 2026 · Gajanan Properties
Gajanan Nana Heights
declared completion Mar 2019 · Vastu Ganesh Builders AND Developers
Gajanan Palace
declared completion Dec 2017 · Pushlata Subhash Ghule
Gajanan Plaza
possession by Apr 2029 · Shree Gajanan Realty
Gajanan Pride
possession by Dec 2027 · Balaji Infra

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