MahaRERA Property Intelligence · Thane

GREEN SQUARE BLDG. NO 2B

P51700054127 · BEHIND D MART · promoter Squarefeet Enterprises

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700054127
Registered on29 Dec 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Squarefeet Enterprises is the promoter of record on 22 projects, of which 2 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 ~97.6% of the estimated project cost incurred as of the last certificate (₹41.50 Cr spent against a ₹42.50 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 261 homes filed with MahaRERA, 255 are sold/booked (246 with registered agreements + 9 booked) and 6 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹106.03 Cr in agreement value so far. Of that, ₹70.65 Cr (~67%) is already collected, ₹35.38 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 255 registered agreements, the effective carpet rate is ₹12,944/sqft (typical range ₹12,000–₹13,926) — 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 1107321 sqft (29.86 sqm)₹44.77 Lakh
Floor 1111321 sqft (29.78 sqm)₹44.65 Lakh
Floor 121205321 sqft (29.78 sqm)₹48.00 Lakh
Floor 141405321 sqft (29.78 sqm)₹48.00 Lakh
Floor 2207321 sqft (29.86 sqm)₹44.77 Lakh
Floor 202012321 sqft (29.86 sqm)₹48.13 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+22 and 261 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BLDG NO 2B1G+2226131 Dec 2027

Unit mix on the filing: 261 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 3 court cases on this project to MahaRERA. 2 are 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
Thane District Court6932012Pending
Thane District Court4872013Pending
Thane District Court693/20122012Ongoing

Location, Land & Connectivity

Located at BEHIND D MART, KAVESAR, GHODBUNDER ROAD, Thane, Thane, 400607. Per the filed land record, the plot is bounded to the north by 40M WIDE ROAD, to the south by SGNP, to the east by RUTU CITY and to the west by SGNP. 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

Squarefeet Enterprises 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 Squarefeet Enterprises

Squarefeet Enterprises
FlaggedThane
Squarefeet Enterprises
FlaggedThane

Other RERA-registered projects in Thane

Godrej Exquisite
possession by Sep 2026 · Godrej Macbricks Private Limited
Lodha Crown Kolshet-Tower 1
possession by Sep 2026 · Lodha Developers Limited
Odysseus
possession by Sep 2026 · Sagar Enterprise
Unique Vistas Mhada Building NO. 1,2,3
possession by Sep 2026 · Madhu Harshad Doshi
Unique Vistas Mhada Buildingno. 4 5 6 7
possession by Sep 2026 · Madhu Harshad Doshi
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

Major developers building in Thane

Other RERA-registered projects in Thane

Green Square- Phase II Tower 1 AND 3
possession by Dec 2030 · Squarefeet Enterprises
Green Touch
possession by Dec 2027 · Shree Vakratunda Builders & Develope
Green Touch Building NO 2
declared completion Dec 2025 · Shree Vakratunda Builders & Develope
Green Valley
possession by Dec 2027 · M S Developers
Green Valley Phase I
declared completion Apr 2025 · Green Developers
Green Willows Phase I
declared completion Dec 2021 · Green Lifespaces

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