MahaRERA Property Intelligence · Thane

KALYAN SQUARE

P51700048508 · BHIWANDI · promoter Kagvin Ventures

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700048508
Registered on03 Jan 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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.

Construction Progress

MahaRERA's cost filing puts construction at ~50.1% of the estimated project cost incurred as of the last certificate (₹10.48 Cr spent against a ₹20.94 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 44 homes filed with MahaRERA, 37 are sold/booked and 7 remain available (~84% sold) — selling steadily. Buyers have committed ₹7.63 Cr in agreement value so far. Of that, ₹5.52 Cr (~72%) is already collected, ₹2.11 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 37 registered agreements, the effective carpet rate is ₹5,694/sqft (typical range ₹3,235–₹11,506) — 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 11011,088 sqft (101.1 sqm)₹57.61 Lakh
Floor 11021,617 sqft (150.2 sqm)₹85.58 Lakh
Floor 4407 & 408457 sqft (42.5 sqm)₹24.22 Lakh
Ground/Floor 0SHOP 1588 sqft (54.62 sqm)₹33.83 Lakh
Ground/Floor 0SHOP 21,014 sqft (94.25 sqm)₹58.37 Lakh
Ground/Floor 0SHOP 3935 sqft (86.89 sqm)₹53.81 Lakh
Ground/Floor 0SHOP 41,064 sqft (98.88 sqm)₹61.24 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+6 and 44 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
KALYAN SQUARE1G+644-

Unit mix on the filing: 44 non-residential (shops/offices).

Complaints & Orders

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

Complaint no.FiledPartiesStatus
CC1250443813/12/2025Narayan Raghunath Sahu vs KAGVIN VENTURESorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
31 Dec 202430 Nov 2025We Would like to request you that the Project KALYAN SQUARE which is located at SURVEY NO. 250/5/A/PT at KONGAON (CT), Bhiwandi, Thane, 421301 having its Registration No P517000485
31 Dec 202431 Dec 2027We, KAGVIN VENTURES, are the promoters of the real estate project known as "KALYAN SQUARE" bearing Maha RERA Registration No. P51700048508. Reason We would like to respectfully i

Location, Land & Connectivity

Located at BHIWANDI, BHIWANDI, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by S NO 256, to the south by 30 MTR DP ROAD, to the east by S NO 246 and to the west by S NO 250. 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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Other RERA-registered projects in Thane

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Kalyan Vatika
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Kalyan Vihar
possession by Dec 2029 · Honest Developers
Kamdhenu 23 West Grande
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Kamdhenu Center One
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Kamdhenu Commerz
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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