Arihant Clan Aalishan Phase I
MahaRERA · the public record
KRISHNA AVENUE
ULWE · BHANU GROUP
Know the project.
Then choose your home.
The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.
10units filed as unsoldInventory · 19 September 2026
31 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
41registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 Dec 2026
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
From another project
See the report before you buy.
A published sample shows the level of detail, source illustrations and buyer reasoning. Its findings belong to that project.
Read a sample report ↗The source record
The details behind the headline.
MahaRERA · P52000076709
Delivery and registration
When is the project declared for completion?
KRISHNA AVENUE is registered with MahaRERA as P52000076709 and the promoter has declared completion for 31 Dec 2026.
31 Dec 2026
declared completion
3months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P52000076709 |
| Registered on | 21 Jun 2024 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for KRISHNA AVENUE record 9 quarterly progress reports since registration.
9quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).
Promoter record
What else is this promoter on record for?
Bhanu Group is the promoter of record on 24 projects registered with MahaRERA, 9 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
24projects
registered with MahaRERA
9flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In KRISHNA AVENUE, ₹4.64 Cr of a declared ₹6.50 Cr estimated project cost is reported as incurred, about 71.3%, as at the last certified filing with MahaRERA.
71.3%
₹4.64 Cr
of ₹6.50 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In KRISHNA AVENUE, 22 of 41 homes filed with MahaRERA are recorded as sold or booked, about 54%, and 19 remain available.
54%sold
22 of 41 homes
₹8.64 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹7.73 Cr (about 89%) is recorded as collected and ₹89.33 Lakh as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 22 registered agreements, the effective carpet rate is ₹11,879/sqft, with eight in ten falling between ₹10,418 and ₹13,947 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 309 sqft (28.741 sqm) | ₹28.45 Lakh |
| Floor 1 | 102 | 518 sqft (48.153 sqm) | ₹47.67 Lakh |
| Floor 1 | 104 | 320 sqft (29.775 sqm) | ₹29.48 Lakh |
| Floor 2 | 201 | 309 sqft (28.741 sqm) | ₹28.45 Lakh |
| Floor 2 | 202 | 518 sqft (48.153 sqm) | ₹47.67 Lakh |
| Floor 2 | 203 | 309 sqft (28.736 sqm) | ₹28.45 Lakh |
| Floor 2 | 204 | 320 sqft (29.775 sqm) | ₹29.48 Lakh |
| Floor 2 | 205 | 297 sqft (27.607 sqm) | ₹27.33 Lakh |
| Floor 5 | 502 | 518 sqft (48.153 sqm) | ₹47.67 Lakh |
| Floor 7 | 701 | 309 sqft (28.741 sqm) | ₹28.45 Lakh |
| Floor 7 | 703 | 265 sqft (24.646 sqm) | ₹24.40 Lakh |
| Floor 7 | 704 | 274 sqft (25.44 sqm) | ₹25.19 Lakh |
| Floor 7 | 705 | 271 sqft (25.184 sqm) | ₹24.93 Lakh |
| Ground/Floor 0 | Shop No-01 | 82 sqft (7.573 sqm) | ₹9.37 Lakh |
| Ground/Floor 0 | Shop No-02 | 105 sqft (9.79 sqm) | ₹12.11 Lakh |
| Ground/Floor 0 | Shop No-04 | 104 sqft (9.661 sqm) | ₹11.95 Lakh |
| Ground/Floor 0 | Shop No-05 | 206 sqft (19.16 sqm) | ₹23.70 Lakh |
| Ground/Floor 0 | Shop No-06 | 101 sqft (9.35 sqm) | ₹11.57 Lakh |
| Ground/Floor 0 | Shop No-07 | 104 sqft (9.67 sqm) | ₹11.96 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 19 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 31 homes carry one, and 10 of the 41 are recorded unsold. Since we started watching this ledger, 9 homes have moved out of the unsold list, most recently on 11 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 202 | 518 sqft | Rs 57.00 lakh typical, over Rs 54.00 lakh to Rs 61.50 lakh | 6 filed on this stack, floors 1–7 |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In KRISHNA AVENUE, 8 of the 10 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| KRISHNA AVENUE | 1 | G+7 | 41 | - |
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.
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. These are the boundaries as recorded in the filed land record.