Mumbai/Project record

MahaRERA · the public record

MADAR SIGNATURE

MIRA BHAYANDAR · MADAR BUILDERS & DEVELOPERS

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23units filed as unsoldInventory · 20 September 2026
31 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
51registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & 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 2027

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700077804

Delivery and registration

When is the project declared for completion?

MADAR SIGNATURE is registered with MahaRERA as P51700077804 and the promoter has declared completion for 31 Dec 2027.

31 Dec 2027

declared completion

15months 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 registrationP51700077804
Registered on07 Nov 2024
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today15 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 MADAR SIGNATURE record 6 quarterly progress reports since registration.

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

  • Filing progress reports — 6 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Madar Builders Developers is the promoter of record on 5 projects registered with MahaRERA, 1 of which carries a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

5projects

registered with MahaRERA

1flagged

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 MADAR SIGNATURE, ₹4.00 Cr of a declared ₹24.00 Cr estimated project cost is reported as incurred, about 16.7%, as at the last certified filing with MahaRERA.

16.7%

₹4.00 Cr

of ₹24.00 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 MADAR SIGNATURE, 12 of 37 homes filed with MahaRERA are recorded as sold or booked (5 with registered agreements and 7 booked), about 32%, and 25 remain available.

32%sold

12 of 37 homes

₹6.23 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, ₹2.01 Cr (about 32%) is recorded as collected and ₹4.24 Cr as receivable. The project registers 51 homes in total, while this sold/unsold inventory filing covers 37 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 12 registered agreements, the effective carpet rate is ₹10,000/sqft, with eight in ten falling between ₹9,997 and ₹11,188 — 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.

FloorUnitCarpetGovt reckoner value
Floor 1101568 sqft (52.78 sqm)₹67.99 Lakh
Floor 1102560 sqft (52 sqm)₹66.98 Lakh
Floor 1103764 sqft (71 sqm)₹91.45 Lakh
Floor 1104667 sqft (62 sqm)₹79.86 Lakh
Floor 101001400 sqft (37.16 sqm)₹43.74 Lakh
Floor 101002600 sqft (55.76 sqm)₹65.60 Lakh
Floor 111102600 sqft (55.76 sqm)₹67.16 Lakh
Floor 111103600 sqft (55.76 sqm)₹67.16 Lakh
Floor 111104600 sqft (55.76 sqm)₹67.16 Lakh
Floor 121203600 sqft (55.76 sqm)₹67.16 Lakh
Floor 2201568 sqft (52.78 sqm)₹67.99 Lakh
Floor 2202560 sqft (52 sqm)₹66.98 Lakh
Floor 2203764 sqft (71 sqm)₹19.45 Lakh
Floor 2204667 sqft (62 sqm)₹79.86 Lakh
Floor 3301400 sqft (37.16 sqm)₹34.70 Lakh
Floor 3302600 sqft (55.76 sqm)₹56.30 Lakh
Floor 4402600 sqft (55.76 sqm)₹56.30 Lakh
Floor 4403600 sqft (55.76 sqm)₹54.03 Lakh
Floor 4404519 sqft (48.2 sqm)₹54.03 Lakh
Floor 5503519 sqft (48.2 sqm)₹56.73 Lakh
Floor 5504519 sqft (48.2 sqm)₹56.73 Lakh
Floor 6602600 sqft (55.76 sqm)₹65.60 Lakh
Floor 7701400 sqft (37.16 sqm)₹34.70 Lakh
Floor 7702600 sqft (55.76 sqm)₹65.60 Lakh
Floor 8802600 sqft (55.76 sqm)₹65.60 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 20 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 14 homes carry one, and 23 of the 37 are recorded unsold. Since we started watching this ledger, 2 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:

HomeCarpetFiled for the same home on other floorsBased on
101568 sqftRs 9,997 a sq ft7 filed at this size

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 MADAR SIGNATURE, 13 of the 23 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.

See the other 22 homes — ₹2,999 →

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+14 and 51 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MADAR SIGNATURE1G+1451-

Unit mix on the filing: 40 residential and 11 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 MIRA BHAYANDAR , BHAYANDER BACK SIDE, Thane, Thane, 401107. Per the filed land record, the plot is bounded to the north by sagar manthan society, to the south by baugerehmat chsl, to the east by matru chhaya society and to the west by 30 mtr dp road. These are the boundaries as recorded in the filed land record.

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JP North Aviva
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Prithvi Sneh
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Shree RAM Heights
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Major developers building in Mira Road East

Other RERA-registered projects in Thane

Madelyn
possession by Mar 2030 · Danish Constructions
Madhav Bliss
possession by May 2030 · Shreeji Madhav Infra LLP
Madhav Height
possession by Jun 2028 · Jai Prabhat Developers
Madhavi Residency
declared completion Oct 2018 · Satyam Concast Private Limited
Madhu Milind Co-Op Housing Society Ltd
declared completion Mar 2025 · Aditya Associates
Madhu Nirmal Heights
possession by Oct 2028 · Mauli Developer

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: 20 Sep 2026