Horizon Bhumi

Delivery & Registration

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.

• Filing progress reports — 10 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Majestic Horizon Bhumi is the promoter of record on 27 projects, of which 4 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 ~16.4% of the estimated project cost incurred as of the last certificate (₹4.76 Cr spent against a ₹29.00 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 65 homes filed with MahaRERA, 41 are sold/booked (22 with registered agreements + 19 booked) and 24 remain available (~63% sold) — selling steadily. Buyers have committed ₹22.70 Cr in agreement value so far. Of that, ₹11.53 Cr (~51%) is already collected, ₹11.16 Cr receivable — a read on how far along these sales really are. Note: the project registers 97 homes in total, but this sold/unsold inventory filing covers only 65 of them — the other 32 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 41 registered agreements, the effective carpet rate is ₹13,745/sqft (typical range ₹12,991–₹16,208) — 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:

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+18 and 97 homes are registered across the project.

Unit mix on the filing: 80 residential and 17 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Ghodbunder Road , Patlipada S V Road , Thane, Thane, 400607. Per the filed land record, the plot is bounded to the north by 15 Mt wide road, to the south by Nalla, to the east by S No 110 H No 4pt Hissa No 5 and to the west by S No 110 H No 4pt. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~16 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

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.

Other RERA-registered projects in Thane

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Other RERA-registered projects in Thane

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.