MahaRERA Property Intelligence · Thane

Kalika Heights Phase II

P51700011655 · PANCHPAKHADI · promoter Sanjay Shreenath Pandey

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51700011655
Registered on31 Aug 2017
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Sanjay Shreenath Pandey is the promoter of record on 62 projects, of which 11 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 ~87.7% of the estimated project cost incurred as of the last certificate (₹8.68 Cr spent against a ₹9.90 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 56 homes filed with MahaRERA, 26 are sold/booked and 30 remain available (~46% sold) — selling steadily. Buyers have committed ₹24.35 Cr in agreement value so far. Of that, ₹24.21 Cr (~99%) is already collected, ₹13.69 Lakh 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 26 registered agreements, the effective carpet rate is ₹10,973/sqft (typical range ₹5,869–₹23,980) — 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 161601815 sqft (75.74 sqm)₹1.20 Cr
Floor 161603617 sqft (57.34 sqm)₹1.59 Cr
Floor 161603892 sqft (82.89 sqm)₹1.10 Cr
Floor 171701800 sqft (74.34 sqm)₹1.20 Cr
Floor 171702892 sqft (82.89 sqm)₹1.10 Cr
Floor 171702617 sqft (57.34 sqm)₹1.59 Cr
Floor 171703892 sqft (82.89 sqm)₹1.10 Cr
Floor 181802875 sqft (81.31 sqm)₹74.44 Lakh
Floor 181803892 sqft (82.89 sqm)₹74.44 Lakh
Floor 181804815 sqft (75.74 sqm)₹1.20 Cr
Floor 191901800 sqft (74.34 sqm)₹1.20 Cr
Floor 191902617 sqft (57.34 sqm)₹1.59 Cr
Floor 191903607 sqft (56.41 sqm)₹1.59 Cr
Floor 191904661 sqft (61.38 sqm)₹1.45 Cr
Floor 202002617 sqft (57.34 sqm)₹1.59 Cr
Floor 202003617 sqft (57.34 sqm)₹1.59 Cr
Floor 202003892 sqft (82.89 sqm)₹1.10 Cr
Floor 202004672 sqft (62.45 sqm)₹1.45 Cr
Floor 202004815 sqft (75.74 sqm)₹1.20 Cr
Floor 212101672 sqft (62.45 sqm)₹1.52 Cr
Floor 212102617 sqft (57.34 sqm)₹1.66 Cr
Floor 212103892 sqft (82.89 sqm)₹1.15 Cr
Floor 212104672 sqft (62.45 sqm)₹1.52 Cr
Floor 212104815 sqft (75.74 sqm)₹1.25 Cr
Floor 222201815 sqft (75.74 sqm)₹1.25 Cr
Floor 222202892 sqft (82.89 sqm)₹1.15 Cr
Floor 222203617 sqft (57.34 sqm)₹1.57 Cr
Floor 222203892 sqft (82.89 sqm)₹1.15 Cr
Floor 222204672 sqft (62.45 sqm)₹1.44 Cr
Floor 222204815 sqft (75.74 sqm)₹1.25 Cr

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 56 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Kalika Heights Phase II A1 wing1G+2228-
Kalika Heights Phase II Wing A21G+2228-

Unit mix on the filing: 56 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 5 times. 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 Sep 202430 Sep 2024Refer attachment name "Application Letter for extension" in other field.
30 Sep 202430 Sep 2023Due to Lockdown and COVID SECOND WAVE the project was stopped for certain period and there were also facing financial problem by Developer
30 Sep 202431 Mar 2022This is with regards to delay for complete project, Due to Corona-19 pandemic and National wide lockdown imposed by the Government of India to outbreak of Covid-19 pandemic and mov
31 Dec 201930 Sep 2025Part Occupancy Certificate Received upto 15 Floors.
31 Dec 201930 Jun 2027Poject is complete in all regards OC Part OC is obtained upto 19 (A-1,A-2) Floors. OC for Upper 3 Floors is pending. since the developement on land is part development where a scho

Location, Land & Connectivity

Located at PANCHPAKHADI, ALMEIDA ROAD, Thane, Thane, 400061. Per the filed land record, the plot is bounded to the north by gayatri madan society, to the south by nallah, to the east by Debinair Society and to the west by 40ft 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 ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)4 km
Chhatrapati Shivaji Int'l Airport4 km
Powai / Hiranandani business park5 km
Andheri MIDC / SEEPZ7 km
Lower Parel / Worli business district11 km
Nariman Point / Fort19 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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Builder track record

Sanjay Shreenath Pandey is the promoter on 2 MahaRERA-registered projects, of which 1 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:

Other flagged projects by Sanjay Shreenath Pandey

Sanjay Shreenath Pandey
Past its declared completion dateThane

Other RERA-registered projects in Versova

Raheja Exotica Downtown
possession by Dec 2026 · Raheja Universal Ltd.
Ocean View
possession by Dec 2026 · Star Construction
Seabliss
possession by Dec 2026 · Asshna Developers Westin
Amalfi
possession by Dec 2027 · Richfeel Real Estate Pvt. Ltd.
Elysia
possession by Dec 2027 · Olive Developers
Cullinan
possession by Dec 2028 · Lodha Developers Limited

Major developers building in Versova

Other RERA-registered projects in Thane

Kalp City
declared completion Mar 2018 · Kasata Home Tech
Kalp Nisarg
declared completion Mar 2022 · BLS Ventures
Kalpataru CO.-OP. Housing Society LTD
declared completion Dec 2024 · Jaideep Constructions
Kalpataru Hills - Building 2A
declared completion Dec 2022 · Kalpataru Properties Pvt. Ltd.
Kalpatru Enterprises
declared completion Aug 2024 · Bhawarlal Mohanlal Jain
Kalyan Aashiyana
declared completion Dec 2025 · AL Bruj 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