MahaRERA Property Intelligence · Thane

Lakeview

P51700007123 · promoter Neelkanth Realtors Pvt

Certificate SignedDue 29 Dec 2024

Delivery & Registration

MahaRERA registrationP51700007123
Registered on17 Aug 2017
Promoter-declared completion29 Dec 2024
Current statusCertificate Signed
Against todayabout 19 months past 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, Neelkanth Realtors Pvt is the promoter of record on 85 projects, of which 3 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.

Sales & Inventory

Of 55 homes filed with MahaRERA, 52 are sold/booked (51 with registered agreements + 1 booked) and 3 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹150.92 Cr in agreement value so far. Of that, ₹132.35 Cr (~88%) is already collected, ₹18.56 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 52 registered agreements, the effective carpet rate is ₹21,775/sqft (typical range ₹16,176–₹26,969) — 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 11011,623 sqft (150.78 sqm)₹2.98 Cr
Floor 33011,623 sqft (150.78 sqm)₹3.09 Cr
Floor 44011,623 sqft (150.78 sqm)₹3.11 Cr

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+32 and 55 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Lakeview1G+3255-

Unit mix on the filing: 55 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000039631521/06/2023SULBHA R PATIL vs NEELKANTH REALTORS PVT LTDorder passed

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 2 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court64702017Pending
Court Of Civil Judge Thane3912017Pending

Deadline Extensions

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
29 Dec 202429 Dec 2024DUE 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

Location, Land & Connectivity

Located at Pokhran Road No.2, Thane, Thane, 400610. Per the filed land record, the plot is bounded to the north by 20mtr wide DP Road, to the south by Remaining Part of Survey No 194-1B, to the east by Land Bearing Survey No 194-5 and to the west by Land Bearing Survey No 196. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~13 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park13 km
Andheri MIDC / SEEPZ14 km
Chhatrapati Shivaji Int'l Airport17 km
Bandra Kurla Complex (BKC)19 km
Lower Parel / Worli business district28 km
Nariman Point / Fort36 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.

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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Builder track record

Neelkanth Realtors PVT LTD 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).

Other flagged projects by Neelkanth Realtors PVT LTD

Neelkanth Realtors PVT LTD
FlaggedThane

Other RERA-registered projects in Majiwade

Infinity Towers
possession by Dec 2026 · T Bhimjyani Realty Pvt.ltd.
Raunak Imperial
possession by Dec 2026 · Raunak Avenue Realty
ZEN
possession by Dec 2026 · Neelkanth Realtors PVT LTD
Serein Phase II
possession by May 2027 · Ardent Properties Private Limited
Mahavir Spring -Daffodils-P3
possession by Dec 2027 · Vinayak Developers
Courtyard - Asteria A
possession by Dec 2027 · Courtyard Real Estate Private Limited

Major developers building in Majiwade

Other RERA-registered projects in Thane

Lakeview Co Operative Housing Limited
declared completion Jan 2026 · GP Infra
Lakshman Heights
declared completion Dec 2025 · M/S Shree Ganesh Developers
Lakshmi Elegance
declared completion Dec 2023 · M/s. Mahalaxmi Shelters
Lakshmi Heights
possession by Dec 2028 · M/s. Mahalaxmi Shelters
Lalbaug Darshan
declared completion Dec 2022 · Vishal R Group & Enterprises
Land Mark Residency
declared completion Dec 2018 · Riyaz Achhan Khan

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