MahaRERA Property Intelligence · Thane

MUKUNDAM

P51700017888 · BHAYANDER WEST · promoter Shree Ramjeevdani Realtors

Certificate SignedDue 29 Aug 2026

Delivery & Registration

MahaRERA registrationP51700017888
Registered on24 Sep 2018
Promoter-declared completion29 Aug 2026
Current statusCertificate Signed
Against today1 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.

Construction Progress

MahaRERA's cost filing puts construction at ~89.0% of the estimated project cost incurred as of the last certificate (₹89.00 Cr spent against a ₹100.00 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 238 homes filed with MahaRERA, 144 are sold/booked (141 with registered agreements + 3 booked) and 94 remain available (~61% sold) — selling steadily. Buyers have committed ₹109.42 Cr in agreement value so far. Of that, ₹96.08 Cr (~88%) is already collected, ₹13.35 Cr receivable — a read on how far along these sales really are. Note: the project registers 250 homes in total, but this sold/unsold inventory filing covers only 238 of them — the other 12 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 144 registered agreements, the effective carpet rate is ₹12,782/sqft (typical range ₹9,333–₹14,372) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 3 owner/investor-held and 9 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+26 and 250 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+26150-
B WING1G+26100-

Unit mix on the filing: 250 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 2 court cases on this project to MahaRERA. 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
Thane, District And Sessions Court7552019Ongoing
Thane Court2772020Ongoing

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 Aug 202429 Aug 2025In accordance with circular no 28, we hereby apply for extension of our project u/s 6 in Format B.
29 Aug 202429 Aug 20261. We have completed 75% work of the Project. 2. We are in the process of completing the remaining project work and procuring the Occupancy Certificate & Form 4 - Architect’s Cert

Location, Land & Connectivity

Located at BHAYANDER WEST, 150 FT ROAD UTTAN ROAD, Thane, Thane, 401101. Per the filed land record, the plot is bounded to the north by ACCESS TO 45 MTR WIDE DP ROAD, to the south by SURVEY NO 247, to the east by SURVEY NO 264 and to the west by HIGH SCHOOL AND PG RESERVATION NO 127. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~18 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ18 km
Powai / Hiranandani business park20 km
Chhatrapati Shivaji Int'l Airport23 km
Bandra Kurla Complex (BKC)25 km
Lower Parel / Worli business district33 km
Nariman Point / Fort41 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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SAI Hanuman Tower
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Chandanbala
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Dagdu Bua Heights
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Other RERA-registered projects in Thane

Multani Residency
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Mumbra Landmark
declared completion Dec 2024 · Jyoti Industries
Munisuvrat Arc - Building 1 Plot 1 And Munisuvrat Royal - Building 2 On Plot 2
declared completion Mar 2019 · Shree Munisuvrat Realty
Munisuvrat Oasis
possession by Mar 2030 · Shree Munisuvrat Realtor LLP
Munisuvrat Textile Park
possession by Mar 2027 · Munisuvrat Commercial Parks LLP
Murlidhar Plaza
declared completion Dec 2021 · Saipoojan Enterprises

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