Stone House Developer
MahaRERA Property Intelligence · Thane
P51700012982 · promoter Stone House Developer
| MahaRERA registration | P51700012982 |
| Registered on | 11 Sep 2017 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 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, Stone House Developer is the promoter of record on 175 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.
Of 79 homes filed with MahaRERA, 70 are sold/booked (63 with registered agreements + 7 booked) and 9 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹20.52 Cr in agreement value so far. Of that, ₹17.76 Cr (~87%) is already collected, ₹2.76 Cr receivable — a read on how far along these sales really are. Note: the project registers 120 homes in total, but this sold/unsold inventory filing covers only 79 of them — the other 41 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 70 registered agreements, the effective carpet rate is ₹5,923/sqft (typical range ₹4,416–₹9,186) — 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 1 | 108 | 239 sqft (22.2 sqm) | ₹13.88 Lakh |
| Floor 1 | 109 | 222 sqft (20.67 sqm) | ₹12.92 Lakh |
| Floor 11 | 1104 | 425 sqft (39.5 sqm) | ₹24.68 Lakh |
| Floor 13 | 1301 | 466 sqft (43.3 sqm) | ₹27.06 Lakh |
| Floor 13 | 1301 | 479 sqft (44.5 sqm) | ₹27.81 Lakh |
| Floor 13 | 1302 | 466 sqft (43.3 sqm) | ₹27.06 Lakh |
| Floor 13 | 1303 | 425 sqft (39.5 sqm) | ₹24.68 Lakh |
| Floor 13 | 1304 | 409 sqft (38 sqm) | ₹23.75 Lakh |
| Floor 4 | 401 | 479 sqft (44.5 sqm) | ₹27.81 Lakh |
⚠ The inventory filing also declares: 41 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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 120 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| KRISHNA VANI COMPLEX | 1 | G+13 | 120 | 30 Jun 2022 |
Unit mix on the filing: 92 residential and 28 non-residential (shops/offices).
3 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000055884 | 27/08/2018 | M/s. Ketki Developers through its partner Mr. Deepak Vallabhaji Dedhia vs Stone House Developer through its Partner Mr. Abdul Rahim Zaheer Ahmed Qureshi | order passed |
| CC006000000354519 | 27/02/2023 | Ajit Pai vs Abdul Rahim Zheer Ahmed Qureshi | order passed |
| CC12604049 | 29/06/2026 | ASHISH RANJEET JHA vs Stone House Developer | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 5 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 |
|---|---|---|
| 30 Jul 2024 | 30 Jul 2023 | Due to frequent lockdowns imposed by the authorities, the project was not completed on time and hence we hereby apply for one year extension i.e. 30/07/23 which is agreed and accep |
| 30 Jul 2024 | 31 Dec 2019 | Non Availability Of Materials (Sea Sand) |
| 30 Jul 2024 | 31 Dec 2021 | DELAY IS CAUSED DUE TO DELAY IN OBTAINING REVISED MUNICIPAL PERMISSIONS AND OBSTRUCTION OF WORK DUE TO OUTBREAK OF COVID-19 PANDEMIC |
| 30 Jul 2024 | 30 Jul 2024 | Construction is complete. Delay is in obtaining OC therefore extension is applied. |
| 31 Dec 2018 | 31 Dec 2025 | changes by authority |
Located at 91 2C 91 2D, Kalyan, Thane, 421302. Per the filed land record, the plot is bounded to the north by ROAD, to the south by KRUSHNABAI DIVEKAR, to the east by KRUSHNABAI DIVEKAR and to the west by KRUSHNABAI DIVEKAR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~26 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 | 26 km |
| Andheri MIDC / SEEPZ | 28 km |
| Chhatrapati Shivaji Int'l Airport | 31 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 KRISHNAI VANI COMPLEX?
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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Stone House Developer 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