MahaRERA Property Intelligence · Thane

GRACE SQUARE TYPE D3

P51700022357 · KAUSA · promoter Shree Sumatinath Enterprises

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP51700022357
Registered on16 Sep 2019
Promoter-declared completion30 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, Shree Sumatinath Enterprises is the promoter of record on 9 projects, of which 1 carries 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹20.70 Cr spent against a ₹20.70 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 128 homes filed with MahaRERA, 128 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹38.83 Cr in agreement value so far. Of that, ₹38.34 Cr (~99%) is already collected, ₹49.70 Lakh 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 128 registered agreements, the effective carpet rate is ₹7,745/sqft (typical range ₹5,958–₹9,870) — 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+53 and 128 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
D31G+5312831 Dec 2025

Unit mix on the filing: 128 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.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 1 is still pending. 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
Thane676-20182018Pending

Location, Land & Connectivity

Located at KAUSA, TMC STADIUM ROAD, Thane, Thane, 400612. Per the filed land record, the plot is bounded to the north by SUKOON HEIGHTS, to the south by 30 MTR WIDE DP ROAD, to the east by 30 MTR WIDE DP ROD and to the west by M S COLLEGE. 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

Shree Sumatinath Enterprises LLP 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).

Other flagged projects by Shree Sumatinath Enterprises LLP

Shree Sumatinath Enterprises LLP
FlaggedThane
Shree Sumatinath Enterprises LLP
FlaggedThane

Other RERA-registered projects in Mumbra

Celosia Avenue
possession by Sep 2026 · Pratima Construction
Quality Annex
possession by Sep 2026 · Quality Annex
YES Central Galleria
possession by Oct 2026 · Noble Enterprises
YES Central Galleria 1
possession by Oct 2026 · YES Enterprises
Sagar Enclave
possession by Dec 2026 · Kanchan Builders & Developers
Nasam Darul Amaan Wing A And B
possession by Dec 2026 · NEW India Construction

Major developers building in Mumbra

Other RERA-registered projects in Thane

Grace Square Type D4
declared completion Dec 2024 · Shree Sumatinath Enterprises LLP
Grace Square Type D5
declared completion Dec 2022 · Shree Sumatinath Enterprises LLP
Grand Arena
declared completion Nov 2019 · S H Constructions
Grand Unity Residences
possession by May 2028 · Yash Enterprises
Grand Vista
declared completion Dec 2024 · Sultan Shirajuddin Yasin
Grape City Phase I
declared completion Dec 2019 · Ms Amber Estate

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