Neelkanth Sadan
MahaRERA Property Intelligence · Thane
P51700049297 · BHIWANDI · promoter Ramesh Kasturchand Jain
| MahaRERA registration | P51700049297 |
| Registered on | 07 Feb 2023 |
| Promoter-declared completion | 30 Sep 2025 |
| Current status | Certificate Signed |
| Against today | about 10 months past 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.
Across MahaRERA, Ramesh Kasturchand Jain is the promoter of record on 2 projects, of which none currently 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.
Of 73 homes filed with MahaRERA, 22 are sold/booked (10 with registered agreements + 12 booked) and 51 remain available (~30% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹5.44 Cr in agreement value so far. Of that, ₹2.40 Cr (~44%) is already collected, ₹3.04 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 22 registered agreements, the effective carpet rate is ₹3,638/sqft (typical range ₹351–₹6,423) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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+13 and 73 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| KRISHNA KUNJ | 1 | G+13 | 73 | - |
Unit mix on the filing: 52 residential and 21 non-residential (shops/offices).
2 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12504199 | 27/11/2025 | Vinod Indarmal Bhandari vs RAMESH KASTURCHAND JAIN TEJAWAT | pending / no order on file |
| CC12604297 | 09/07/2026 | RAMESH KASTURCHAND JAIN TEJAWAT vs MR VINOD INDRAMAL JAIN | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 2024 | 30 Sep 2025 | The reason for delay in project completion is due to the delay in work on contractor’s side & shortage in the supply of labours. |
Located at BHIWANDI, BHIWANDI, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by SURYA DARSHAN BUILDING AND SHRIDEVI BUILDING, to the south by SHIVAJI CHOWK ROAD, to the east by CHALLENGE GROUND ROAD and to the west by GEETA SADAN BUILDING. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~27 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 | 27 km |
| Andheri MIDC / SEEPZ | 28 km |
| Chhatrapati Shivaji Int'l Airport | 32 km |
| Bandra Kurla Complex (BKC) | 33 km |
| Lower Parel / Worli business district | 42 km |
| Nariman Point / Fort | 49 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 KRISHNA KUNJ?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
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