MahaRERA Property Intelligence · Thane

MAHATMA RESIDENCY

P51700021404 · BHAYANDAR · promoter Rajman Rajpat Yadav

Certificate SignedDue 30 Dec 2024

Delivery & Registration

MahaRERA registrationP51700021404
Registered on26 Jun 2019
Promoter-declared completion30 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, Rajman Rajpat Yadav is the promoter of record on 7 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.

Sales & Inventory

Of 25 homes filed with MahaRERA, 22 are sold/booked and 3 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹7.36 Cr in agreement value so far. Of that, ₹7.15 Cr (~97%) is already collected, ₹21.19 Lakh 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 ₹7,630/sqft (typical range ₹6,020–₹12,348) — 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 1HALL 1 FIRST FLOOR2,025 sqft (188.1 sqm)₹1.92 Cr
Floor 2201380 sqft (35.31 sqm)₹22.88 Lakh
Floor 3301380 sqft (35.31 sqm)₹22.88 Lakh

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+9 and 25 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 11G+925-

Unit mix on the filing: 16 residential and 9 non-residential (shops/offices).

Complaints & Orders

4 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000011076231/08/2019SHREE BALAJI BUILDERS AND DEVELOPERS vs RAJMAN RAJPAT YADAVorder passed
CC00600000029233114/08/2022SHREE BALAJI BUILDERS AND DEVELOPERS vs RAJMAN RAJPAT YADAVorder passed
CC00600000039643727/06/2023RAJMAN RAJPAT YADAV vs SUNIL VALU RATHODorder passed
CC00600000039643927/06/2023RAJMAN RAJPAT YADAV vs Mr Anand Valu Rathodpending / no order on file

Location, Land & Connectivity

Located at BHAYANDAR, REVENUE VILLAGE, Thane, Thane, 401101. Per the filed land record, the plot is bounded to the north by BHAYANDAR STATION ROAD, to the south by CTS NO 220, to the east by VAKTA BHAVAN BLDG and to the west by GAOTHANE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~154 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park154 km
Andheri MIDC / SEEPZ155 km
Chhatrapati Shivaji Int'l Airport159 km
Bandra Kurla Complex (BKC)161 km
Lower Parel / Worli business district169 km
Nariman Point / Fort176 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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Other RERA-registered projects in Bhayander West

Anantsavitri Ratna Heights
possession by Aug 2026 · Krisha Realty
Bhairav Enclave
possession by Aug 2026 · Leena Estate Venture
Mukundam
possession by Aug 2026 · Shree Ramjeevdani Realtors
Saroj Chandra Krupa
possession by Oct 2026 · S C Associates
SAI Hanuman Tower
possession by Dec 2026 · Shree Samartha Developers
Chandanbala
possession by Dec 2026 · Hemant Sagarmal Jain

Other RERA-registered projects in Thane

Mahaveer Heavens Phase I
declared completion Dec 2023 · Mahaveer Infrastructure PVT LTD
Mahaveer Heavens Phase II
declared completion Dec 2023 · Mahaveer Infrastructure PVT LTD
Mahaveer Horizon Wing A AND Wing B
possession by Dec 2028 · Mahaveer Infrastructure PVT LTD
Mahaveer River Valley Tower Phase I
declared completion Mar 2026 · Mahaveer Infrastructure
Mahaveer Signature
possession by Dec 2031 · Mahaveer Traders
Mahavir Arcade
declared completion Jul 2023 · Navin Kamlaprasad Singh

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