MahaRERA Property Intelligence · Thane

KAIRALI PARK

P51700026352 · KALYAN E · promoter Rai Residency Private

Certificate SignedDue 29 Jan 2025

Delivery & Registration

MahaRERA registrationP51700026352
Registered on11 Sep 2020
Promoter-declared completion29 Jan 2025
Current statusCertificate Signed
Against todayabout 18 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, Rai Residency Private is the promoter of record on 142 projects, of which 16 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 ~70.2% of the estimated project cost incurred as of the last certificate (₹10.50 Cr spent against a ₹14.96 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. The declared completion date has already passed while the cost-incurred filing sits at ~70.2% — a wide gap between the promise and the money actually spent on site.

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, 42 are sold/booked (30 with registered agreements + 12 booked) and 23 remain available (~65% sold) — selling steadily. Buyers have committed ₹17.69 Cr in agreement value so far. Of that, ₹9.25 Cr (~52%) is already collected, ₹8.44 Cr receivable — a read on how far along these sales really are. Note: the project registers 113 homes in total, but this sold/unsold inventory filing covers only 65 of them — the other 48 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 42 registered agreements, the effective carpet rate is ₹8,577/sqft (typical range ₹7,302–₹9,109) — 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 1102442 sqft (41.05 sqm)₹19.25 Lakh
Floor 111103545 sqft (50.65 sqm)₹23.75 Lakh
Floor 111104545 sqft (50.65 sqm)₹23.75 Lakh
Floor 121202442 sqft (41.02 sqm)₹19.24 Lakh
Floor 121206592 sqft (54.98 sqm)₹25.79 Lakh
Floor 131301615 sqft (57.13 sqm)₹26.79 Lakh
Floor 131303545 sqft (50.65 sqm)₹23.75 Lakh
Floor 131306595 sqft (55.32 sqm)₹25.95 Lakh
Floor 141403542 sqft (50.39 sqm)₹23.63 Lakh
Floor 141406592 sqft (54.98 sqm)₹25.79 Lakh
Floor 151501615 sqft (57.13 sqm)₹26.79 Lakh
Floor 151504545 sqft (50.65 sqm)₹23.75 Lakh
Floor 161603542 sqft (50.39 sqm)₹23.63 Lakh
Floor 161606592 sqft (54.98 sqm)₹25.79 Lakh
Floor 171701615 sqft (57.13 sqm)₹26.79 Lakh
Floor 181806592 sqft (54.98 sqm)₹25.79 Lakh
Floor 191901615 sqft (57.13 sqm)₹26.79 Lakh
Floor 191906595 sqft (55.32 sqm)₹25.95 Lakh
Floor 2203542 sqft (50.39 sqm)₹23.63 Lakh
Floor 3301615 sqft (57.13 sqm)₹26.79 Lakh
Floor 5504545 sqft (50.65 sqm)₹23.75 Lakh
Floor 6604542 sqft (50.39 sqm)₹23.63 Lakh
Floor 7703545 sqft (50.65 sqm)₹23.75 Lakh

⚠ The inventory filing also declares: 48 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+19 and 113 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 2 A WING1G+1911131 Dec 2023
BUILDING NO 31G+1231 Dec 2023

Unit mix on the filing: 113 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000020937312/12/2021Raybhan Satdive vs K SHIVDASANNAIRpending / no order on file

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
30 Jun 202429 Jan 2025Project is complete and we want to apply for Post Facto extension. Kindly grant us extension till 29.01.2025

Location, Land & Connectivity

Located at KALYAN E, POONA LINK ROAD, Kalyan, Thane, 421306. Per the filed land record, the plot is bounded to the north by S NO 56 H NO 3, to the south by NEW SANJAY APT, to the east by 15 M W DP ROAD and to the west by VIHAR AND GURUDEV CHS. 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

RAI Residency Private Limited is the promoter on 17 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every RAI Residency Private Limited project & its RERA track record →

Other flagged projects by RAI Residency Private Limited

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Other RERA-registered projects in Kalyan East

Krishna Square
possession by Jul 2026 · Gopal Krishna Developers
SAI Heights
possession by Aug 2026 · Aaradhana Construction
Avighna Karan Wing C
possession by Aug 2026 · Avighna Karan
Kohinoor Eden
possession by Sep 2026 · KGI Realty Private Limited
Kohinoor Eden Ph 2
possession by Sep 2026 · KGI Realty Private Limited
Durga Imperial
possession by Oct 2026 · G K Mali & C K Mali

Major developers building in Kalyan East

Other RERA-registered projects in Thane

Kaizen ARC
possession by Dec 2029 · Kaizen Realty
Kakad Paradise Phase 2
declared completion Jun 2024 · Kakad Housing Corporation
Kalantri Plaza
declared completion Dec 2025 · Shree Developers
Kalas Darshan
possession by Dec 2026 · JAY Ganesh Developers
Kalavati Darshan
possession by May 2027 · Neelpadma Creator
Kalawati Heights
declared completion Sep 2024 · Prabha Builders AND Developers

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