Metro Regalia

Delivery & Registration

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.

• Filing progress reports — 3 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Shree Ashtavinayak Enterprises is the promoter of record on 60 projects, of which 4 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.

Construction Progress

MahaRERA's cost filing puts construction at ~82.2% of the estimated project cost incurred as of the last certificate (₹28.82 Cr spent against a ₹35.05 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 105 homes filed with MahaRERA, 65 are sold/booked (48 with registered agreements + 17 booked) and 40 remain available (~62% sold) — selling steadily. Buyers have committed ₹107.04 Cr in agreement value so far. Of that, ₹42.65 Cr (~40%) is already collected, ₹64.40 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 63 registered agreements, the effective carpet rate is ₹17,177/sqft (typical range ₹14,428–₹19,221) — 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:

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+14 and 105 homes are registered across the project.

Unit mix on the filing: 105 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 3 court cases on this project to MahaRERA. 3 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.

Location, Land & Connectivity

Located at THANE, MAJIWADE, Thane, Thane, 400606. Per the filed land record, the plot is bounded to the north by MAIN ROAD and S NO 230 PROPOSED ROAD, to the south by PART OF S NO 232 3 B 1 and MUTMENTS, to the east by PART OF S NO 232 3 B 1 and MUTMENTS and to the west by S NO 232 B A and GAMI AVENUE CHS. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Other RERA-registered projects in Thane

Other RERA-registered projects in Thane

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.