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MahaRERA Property Intelligence · Thane
P51700010575 · THANE · promoter Shree Construction Company
| MahaRERA registration | P51700010575 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 months to the declared date |
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.
MahaRERA's cost filing puts construction at ~33.6% of the estimated project cost incurred as of the last certificate (₹19.05 Cr spent against a ₹56.64 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. With only ~11 months to the declared date and ~33.6% of the cost incurred, ask the promoter how the balance gets built in the time left.
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.
Of 173 homes filed with MahaRERA, 141 are sold/booked (110 with registered agreements + 31 booked) and 32 remain available (~82% sold) — selling steadily. Buyers have committed ₹71.71 Cr in agreement value so far. Of that, ₹55.42 Cr (~77%) is already collected, ₹16.29 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 141 registered agreements, the effective carpet rate is ₹10,484/sqft (typical range ₹6,577–₹12,510) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 10 | 1001 | 725 sqft (67.33 sqm) | ₹71.24 Lakh |
| Floor 10 | 1004 | 399 sqft (37.07 sqm) | ₹39.22 Lakh |
| Floor 11 | 1101 | 725 sqft (67.33 sqm) | ₹71.24 Lakh |
| Floor 11 | 1102 | 436 sqft (40.54 sqm) | ₹42.89 Lakh |
| Floor 11 | 1103 | 543 sqft (50.47 sqm) | ₹53.40 Lakh |
| Floor 12 | 1201 | 725 sqft (67.33 sqm) | ₹71.24 Lakh |
| Floor 12 | 1201 | 399 sqft (37.07 sqm) | ₹39.22 Lakh |
| Floor 12 | 1204 | 625 sqft (58.09 sqm) | ₹61.46 Lakh |
| Floor 13 | 1301 | 632 sqft (58.7 sqm) | ₹62.10 Lakh |
| Floor 13 | 1302 | 462 sqft (42.9 sqm) | ₹45.39 Lakh |
| Floor 13 | 1302 | 399 sqft (37.07 sqm) | ₹39.22 Lakh |
| Floor 2 | 202 | 455 sqft (42.25 sqm) | ₹44.70 Lakh |
| Floor 2 | 202 | 755 sqft (70.14 sqm) | ₹74.21 Lakh |
| Floor 3 | 301 | 436 sqft (40.51 sqm) | ₹42.86 Lakh |
| Floor 3 | 303 | 625 sqft (58.06 sqm) | ₹61.43 Lakh |
| Floor 3 | 304 | 543 sqft (50.45 sqm) | ₹53.38 Lakh |
| Floor 4 | 401 | 436 sqft (40.51 sqm) | ₹42.86 Lakh |
| Floor 4 | 402 | 399 sqft (37.07 sqm) | ₹39.22 Lakh |
| Floor 4 | 403 | 625 sqft (58.06 sqm) | ₹61.43 Lakh |
| Floor 4 | 404 | 625 sqft (58.09 sqm) | ₹61.46 Lakh |
| Floor 5 | 504 | 625 sqft (58.09 sqm) | ₹61.46 Lakh |
| Floor 5 | 504 | 543 sqft (50.45 sqm) | ₹53.38 Lakh |
| Floor 6 | 601 | 725 sqft (67.33 sqm) | ₹71.24 Lakh |
| Floor 6 | 602 | 436 sqft (40.54 sqm) | ₹42.89 Lakh |
| Floor 6 | 603 | 625 sqft (58.06 sqm) | ₹61.43 Lakh |
| Floor 6 | 604 | 625 sqft (58.09 sqm) | ₹61.46 Lakh |
| Floor 7 | 701 | 725 sqft (67.33 sqm) | ₹71.24 Lakh |
| Floor 7 | 703 | 399 sqft (37.07 sqm) | ₹39.22 Lakh |
| Floor 7 | 704 | 625 sqft (58.09 sqm) | ₹61.46 Lakh |
| Floor 9 | 901 | 725 sqft (67.35 sqm) | ₹71.26 Lakh |
| Floor 9 | 902 | 444 sqft (41.25 sqm) | ₹43.64 Lakh |
| Floor 9 | 904 | 625 sqft (58.06 sqm) | ₹61.43 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.
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+30 and 173 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| KAVYA PARK A WING | 1 | G+13 | 58 | - |
| KAVYA PARK B WING | 1 | G+30 | 57 | - |
| KAVYA PARK C WING | 1 | G+14 | 58 | - |
Unit mix on the filing: 143 residential and 30 non-residential (shops/offices).
10 complaints are on the MahaRERA record for this project, with orders passed in 9. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000044058 | 08/04/2018 | Supriya P Kumbhare vs M/s Shree Construction Company | order passed |
| CC006000000044120 | 14/04/2018 | RUCHI JOSHI vs M/S SHREE CONSTRUCTION CO. | pending / no order on file |
| CC006000000056754 | 28/10/2018 | Rushikesh Patil vs Shree Construction Company | order passed |
| CC006000000396748 | 19/07/2023 | NISHIKANT SAWANT vs shree construction company | order passed |
| CC006000000397903 | 25/12/2023 | KUNAL THAKRE vs NIMISH VORA | order passed |
| CC006000000397989 | 30/10/2023 | Pravin Edekar vs SHREE CONSTRUCTION COMPANY | order passed |
| CC006000000408564 | 03/01/2024 | Snehal M Jhaveri vs M/S SHREE CONSTRUCTION CO | order passed |
| CC006000000408620 | 25/12/2023 | HARSHAD POPATLAL PANCHAL vs NIMISH VORA | order passed |
| CC006000000408628 | 25/12/2023 | BEENA VISHWAS PATIL vs Nimish Vora | order passed |
| CC006000000428927 | 18/02/2024 | Rohit Sharad Vazare vs NIMISH VORA | order passed |
The promoter has had the MahaRERA completion deadline formally extended 4 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 2024 | 30 Jun 2022 | DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION FOR 12 MONTHS |
| 31 Dec 2024 | 31 Dec 2024 | DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION FOR 24 MONTHS |
| 30 Jun 2021 | 31 Dec 2025 | a Delay in Procuring ULC Order: The said Project was subject to Urban Land Ceiling (ULC) regulations and the process of procuring the necessary ULC order was time-consuming due to |
| 30 Jun 2021 | 30 Jun 2027 | We, SHREE CONSTRUCTION COMPANY, are the promoters of the real estate project known as "KAVYA PARK" bearing Maha RERA Registration No. P51700010575 are applying for an extension as: |
Located at THANE, THANE, Mumbai City, Mumbai City, 400615. Per the filed land record, the plot is bounded to the north by ADJ S NO 61 AND 68, to the south by ADJ S NO 69, to the east by ADJ S NO 61 and to the west by GOAN ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~18 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 18 km |
| Andheri MIDC / SEEPZ | 19 km |
| Chhatrapati Shivaji Int'l Airport | 23 km |
| Bandra Kurla Complex (BKC) | 25 km |
| Lower Parel / Worli business district | 34 km |
| Nariman Point / Fort | 41 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.
🔒 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.
🔒 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.
Should you buy in KAVYA PARK?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Shree Construction Company is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
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