MahaRERA Property Intelligence · Thane

NANDANVAN HOMES-BUILDING B

P51700028028 · PARSIK NAGAR NEAR RELIANCE MARKET · promoter Shree Krupa Builders

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700028028
Registered on26 Jan 2021
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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 ~80.4% of the estimated project cost incurred as of the last certificate (₹81.95 Cr spent against a ₹101.93 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 196 homes filed with MahaRERA, 139 are sold/booked and 57 remain available (~71% sold) — selling steadily. Buyers have committed ₹155.13 Cr in agreement value so far. Of that, ₹115.04 Cr (~74%) is already collected, ₹39.87 Cr receivable — a read on how far along these sales really are. Note: the project registers 208 homes in total, but this sold/unsold inventory filing covers only 196 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 132 registered agreements, the effective carpet rate is ₹12,468/sqft (typical range ₹9,067–₹15,890) — 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: 12 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 208 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING B1G+26208-

Unit mix on the filing: 188 residential and 20 non-residential (shops/offices).

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000019802426/08/2021SUNITA DAYANAND BUBERA vs SHREE KRUPA BUILDERSorder passed
SM1250000313/01/2025Amolika Bandiwadekar vs SHREE KRUPA BUILDERSorder passed

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
27 Feb 202631 Mar 2027The delay is on account of slow sale and recovery of sale proceeds. The other factors are explained in Self Explanatory Letter

Location, Land & Connectivity

Located at PARSIK NAGAR NEAR RELIANCE MARKET, OLD MUMBAI PUNE RD, Thane, Thane, 400605. Per the filed land record, the plot is bounded to the north by CTS No 61B, to the south by CTS No57 Gut No89, to the east by 25 M Wide DP Road and to the west by CTS No59 Gut No103. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park15 km
Andheri MIDC / SEEPZ17 km
Chhatrapati Shivaji Int'l Airport20 km
Bandra Kurla Complex (BKC)22 km
Lower Parel / Worli business district30 km
Nariman Point / Fort37 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

Shree Krupa Builders is the promoter on 4 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

See every Shree Krupa Builders project & its RERA track record →

Other flagged projects by Shree Krupa Builders

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Other RERA-registered projects in Thane

Nandanvan Homes Building E
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Nandanvan Homes-C1
declared completion Jun 2018 · Shree Krupa Builders
Nandigram
possession by Jul 2026 · Yogesh Kishor Mahajan
Nandigram
possession by May 2029 · Yogendra Matadin Sharma
Nandishwar Plaza
possession by Dec 2027 · Nandishwar Cons CO
Nandraj Nagari Type E
declared completion May 2018 · Swaraj Developers

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