MahaRERA Property Intelligence · Raigarh

KRISHNA AVENUE

P52000076709 · ULWE · promoter Bhanu Group

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP52000076709
Registered on21 Jun 2024
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Bhanu Group is the promoter of record on 21 projects, of which 6 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 ~71.3% of the estimated project cost incurred as of the last certificate (₹4.64 Cr spent against a ₹6.50 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 41 homes filed with MahaRERA, 22 are sold/booked and 19 remain available (~54% sold) — selling steadily. Buyers have committed ₹8.64 Cr in agreement value so far. Of that, ₹7.73 Cr (~89%) is already collected, ₹89.33 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 22 registered agreements, the effective carpet rate is ₹11,879/sqft (typical range ₹10,418–₹13,947) — 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 1101309 sqft (28.741 sqm)₹28.45 Lakh
Floor 1102518 sqft (48.153 sqm)₹47.67 Lakh
Floor 1104320 sqft (29.775 sqm)₹29.48 Lakh
Floor 2201309 sqft (28.741 sqm)₹28.45 Lakh
Floor 2202518 sqft (48.153 sqm)₹47.67 Lakh
Floor 2203309 sqft (28.736 sqm)₹28.45 Lakh
Floor 2204320 sqft (29.775 sqm)₹29.48 Lakh
Floor 2205297 sqft (27.607 sqm)₹27.33 Lakh
Floor 5502518 sqft (48.153 sqm)₹47.67 Lakh
Floor 7701309 sqft (28.741 sqm)₹28.45 Lakh
Floor 7703265 sqft (24.646 sqm)₹24.40 Lakh
Floor 7704274 sqft (25.44 sqm)₹25.19 Lakh
Floor 7705271 sqft (25.184 sqm)₹24.93 Lakh
Ground/Floor 0Shop No-0182 sqft (7.573 sqm)₹9.37 Lakh
Ground/Floor 0Shop No-02105 sqft (9.79 sqm)₹12.11 Lakh
Ground/Floor 0Shop No-04104 sqft (9.661 sqm)₹11.95 Lakh
Ground/Floor 0Shop No-05206 sqft (19.16 sqm)₹23.70 Lakh
Ground/Floor 0Shop No-06101 sqft (9.35 sqm)₹11.57 Lakh
Ground/Floor 0Shop No-07104 sqft (9.67 sqm)₹11.96 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+7 and 41 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
KRISHNA AVENUE1G+741-

Unit mix on the filing: 34 residential and 7 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at ULWE, SECTOR-16, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by PROP 9 MTRS WIDE ROAD, to the south by PLOT NO B-47, to the east by PLOT NO B-38 and to the west by PLOT NO B-41. 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 Panvel

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Delta Heights
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Micron Residency
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Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Krishna Bliss
possession by Dec 2026 · Krishna Infra
Krishna Corner
declared completion Mar 2026 · Dhiraj Kisan Keni
Krishna Corner
possession by Dec 2026 · Krishna Builders And Developers
Krishna Crystal
possession by Dec 2027 · Shree Krishna Enterprises
Krishna Darshan
declared completion Jun 2023 · Shree Vachraj Developers
Krishna Dham
declared completion Mar 2019 · Landmark Construction

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