MahaRERA Property Intelligence · Thane

IRA PEARL

P51700005549 · Nerul · promoter Ronak Builders Developers

Certificate SignedDue 31 Jan 2026

Delivery & Registration

MahaRERA registrationP51700005549
Registered on11 Aug 2017
Promoter-declared completion31 Jan 2026
Current statusCertificate Signed
Against todayabout 6 months past 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, Ronak Builders Developers is the promoter of record on 6 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.

Sales & Inventory

Of 23 homes filed with MahaRERA, 16 are sold/booked (15 with registered agreements + 1 booked) and 7 remain available (~70% sold) — selling steadily. Buyers have committed ₹15.68 Cr in agreement value so far. Of that, ₹13.14 Cr (~84%) is already collected, ₹2.54 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 16 registered agreements, the effective carpet rate is ₹13,595/sqft (typical range ₹8,613–₹21,856) — 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 101002592 sqft (55.01 sqm)₹94.00 Lakh
Floor 3301592 sqft (55.01 sqm)₹94.00 Lakh
Floor 3302432 sqft (40.17 sqm)₹60.00 Lakh
Floor 3303432 sqft (40.17 sqm)₹60.00 Lakh
Floor 4402432 sqft (40.17 sqm)₹60.00 Lakh
Floor 4403432 sqft (40.17 sqm)₹60.00 Lakh
Floor 5503432 sqft (40.17 sqm)₹60.00 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+21 and 23 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Ira Pearl1G+212302 Dec 2020

Unit mix on the filing: 23 residential.

Complaints & Orders

6 complaints are on the MahaRERA record for this project, with orders passed in 6. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000002289930/01/2018Sheshrao Bhongade vs Ronak Builders and developersorder passed
CC00600000007883009/04/2019S. Thirumalairajan vs Ronak Builders and Developersorder passed
CC00600000007895118/04/2019Prashant Sakharam More vs Ronak Builders and Developersorder passed
CC00600000007902124/04/2019Mrs Leela Paulose vs Ronak Builders and Developersorder passed
CC00600000020992906/02/2022Mr Sheshrao Mukundrao Bhongade & Mr Amol Sheshrao Bhongade vs Ronak Builders and Developersorder passed
CC00600000048022229/04/2024RONAK BUILDERS DEVELOPERS vs S M BHOGADEorder passed

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
Special Civil Suit Thane2004142015Pending
Cooperative Court ThaneCCT392015Pending
Thane2004142015Ongoing

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 Jan 202631 Jan 2026Approvals pertaining to project were delayed, hence causing delay in the said project. Also, the project was significantly affected by the COVID-19 pandemic, including lockdowns, s

Location, Land & Connectivity

Located at Nerul, plot 37, Thane, Thane, 400706. Per the filed land record, the plot is bounded to the north by Plot No 36, to the south by Plot No 30, to the east by Plot No 32 and to the west by 11 mtr Road. 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.

LandmarkStraight-line
Powai / Hiranandani business park16 km
Bandra Kurla Complex (BKC)16 km
Chhatrapati Shivaji Int'l Airport18 km
Lower Parel / Worli business district20 km
Andheri MIDC / SEEPZ20 km
Nariman Point / Fort23 km

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.

🔒 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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Other RERA-registered projects in Thane

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Iris
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Iris A B AND K Phase III
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Iris Mira Road E
declared completion Dec 2022 · Jeetendra Alias Ravi Amarnath Kapoor
Iris Mira Road East 2nd Phase
declared completion Dec 2025 · Jeetendra Alias Ravi Amarnath Kapoor
Iris Shopping
declared completion Oct 2024 · Hiranandani Properties Private Limited

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