Arihant Clan Aalishan Phase I
MahaRERA · the public record
HAPPY HOMES
PANVEL · RATNESHWAR DEVELOPERS
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174units filed as unsoldInventory · 17 September 2026
29 Mar 2027declared completionMahaRERA registration · read 12 Jul 2026
249registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
29 Mar 2027
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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The details behind the headline.
MahaRERA · P52000021393
Delivery and registration
When is the project declared for completion?
HAPPY HOMES is registered with MahaRERA as P52000021393 and the promoter has declared completion for 29 Mar 2027.
29 Mar 2027
declared completion
6months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P52000021393 |
| Registered on | 24 Jun 2019 |
| Promoter-declared completion | 29 Mar 2027 |
| Current status | Certificate Signed |
| Against today | 6 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for HAPPY HOMES record 28 quarterly progress reports since registration.
28quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Filing progress reports — 28 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Ratneshwar Developers is the promoter of record on 2 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
2projects
registered with MahaRERA
0flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In HAPPY HOMES, ₹16.91 Cr of a declared ₹33.85 Cr estimated project cost is reported as incurred, about 49.9%, as at the last certified filing with MahaRERA.
49.9%
₹16.91 Cr
of ₹33.85 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In HAPPY HOMES, 98 of 249 homes filed with MahaRERA are recorded as sold or booked (91 with registered agreements and 7 booked), about 39%, and 151 remain available.
39%sold
98 of 249 homes
₹21.94 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹18.69 Cr (about 85%) is recorded as collected and ₹3.24 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 98 registered agreements, the effective carpet rate is ₹7,548/sqft, with eight in ten falling between ₹6,265 and ₹8,485 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 17 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 76 homes carry one, and 174 of the 250 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 101 | 288 sqft | Rs 7,575 a sq ft typical, over Rs 3,992 to Rs 9,489 | 44 filed at this size |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In HAPPY HOMES, 166 of the 174 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+7 and 249 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| BUILDING NO 1 | 1 | G+7 | 165 | 31 Mar 2025 |
| BUILDING NO 2 | 1 | G+7 | 84 | 31 Mar 2025 |
Unit mix on the filing: 220 residential and 29 non-residential (shops/offices).
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 29 Mar 2027 | We have completed 70% work of Building No.-1 and work of Building No.-2 is yet to be commenced. Due to slow sale of the flats in the market we could not commence the work of Buildi |
Location, Land & Connectivity
Located at PANVEL, KARADE KHURD, Mumbai, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by SURVEY NO 65 AND 89, to the south by SURVEY NO 64 65 AND 90-2, to the east by SURVEY NO 92 and to the west by SAVAROLI KHARPADA ROAD. These are the boundaries as recorded in the filed land record.