MahaRERA Property Intelligence · Thane

Mahindra Happinest Kalyan-2 Project A

P51700032925 · Ranjnoli · promoter Mahindra Lifespaces

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700032925
Registered on02 Feb 2022
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to 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.

Sales & Inventory

Of 899 homes filed with MahaRERA, 567 are sold/booked and 332 remain available (~63% sold) — selling steadily. Buyers have committed ₹225.91 Cr in agreement value so far. Of that, ₹144.98 Cr (~64%) is already collected, ₹80.92 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 567 registered agreements, the effective carpet rate is ₹8,626/sqft (typical range ₹8,122–₹9,459) — 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.

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+15 and 899 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower - C1G+1524630 Apr 2026
Tower - D1G+1524530 Apr 2026
Tower - E1G+1523230 Apr 2026
Tower - F1G+1517630 Apr 2026

Unit mix on the filing: 899 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 6 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
Civil Judge Junior Division Bhiwandi6682011Pending
Civil Judge Senior Division Link Court Bhiwandi10212011Pending
Bombay High Court110012016Disposed Off
Civil Judge Junior Division Bhiwandi8982013Closed
District Court Thane2602023Ongoing
Civil Judge, Link Court, Bhiwandi1302023Ongoing

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
30 Apr 202631 Dec 2028As per order of the Hon'ble Chairman (MahaRERA) Dated 21/05/2026 we request you kindly to grant us extension till 31/12/2028.

Location, Land & Connectivity

Located at Ranjnoli, Off Mumbai Nasik Highway, Ward GSouth, Mumbai City, 421311. Per the filed land record, the plot is bounded to the north by Survey No 63 B, to the south by Survey No 31 and 33, to the east by Survey No 32 A Part and 36 C and to the west by Survey No 194. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~25 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 park25 km
Andheri MIDC / SEEPZ27 km
Chhatrapati Shivaji Int'l Airport30 km
Bandra Kurla Complex (BKC)31 km
Lower Parel / Worli business district40 km
Nariman Point / Fort46 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

Mahindra Lifespace Developers Limited is the promoter on 65 MahaRERA-registered projects, of which 15 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Mahindra Lifespace Developers Limited project & its RERA track record →

Other flagged projects by Mahindra Lifespace Developers Limited

Mahindra Lifespace Developers Limited
Deregistered by MahaRERAMumbai Suburban
Mahindra Lifespace Developers Limited
Deregistered by MahaRERAMumbai Suburban
Mahindra Lifespace Developers Limited
FlaggedPalghar
Mahindra Lifespace Developers Limited
FlaggedPalghar
Mahindra Lifespace Developers Limited
FlaggedPalghar
Mahindra Lifespace Developers Limited
FlaggedMumbai Suburban

Other RERA-registered projects in Bhiwandi

Amruta Park
possession by Dec 2026 · Cheroba Homes
Laxman Residency
possession by Dec 2026 · Crystal Krishraj
Namo Maxima
possession by Dec 2026 · Viren Kishor Jain
Shree Laxman Apartment
possession by Dec 2026 · Shri Gajanan Enterprises
Tahoora Complex
Not filing quarterly progress reports · possession by Dec 2026 · Shree Harekrishna Realtor
Atlantic
possession by Mar 2027 · Riddhi Siddhi Enterprises

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Mahindra Happinest Kalyan - 2 Project B
possession by Dec 2028 · Mahindra Lifespace Developers Limited
Mahindra Happinest Kalyan Project A
declared completion Dec 2024 · Mahindra Happinest Developers Limited(fo
Mahindra Happinest Kalyan Project B
declared completion Jun 2025 · Mahindra Happinest Developers Limited(fo
Mai Kripa Co. Op. Hsg. Soc
declared completion Mar 2024 · Ojass Constructions
Maithili
declared completion Mar 2019 · Sharda Vastu Nirmitee Pvt. Ltd.
Maithili Pride
declared completion Dec 2021 · Maithili Kalpvruksh Private Limited

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