MahaRERA Property Intelligence · Thane

NEW SHIV SMRUTI CHS

P51700050732 · SHANI NAGAR · promoter Sanjay Mahendra Gupta

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51700050732
Registered on28 Apr 2023
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, Sanjay Mahendra Gupta is the promoter of record on 68 projects, of which 13 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 ~97.8% of the estimated project cost incurred as of the last certificate (₹2.34 Cr spent against a ₹2.40 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 12 homes filed with MahaRERA, 10 are sold/booked and 2 remain available (~83% sold) — selling steadily. Buyers have committed ₹1.87 Cr in agreement value so far. Of that, ₹1.27 Cr (~68%) is already collected, ₹60.26 Lakh receivable — a read on how far along these sales really are. Note: the project registers 25 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 13 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 10 registered agreements, the effective carpet rate is ₹7,666/sqft (typical range ₹6,291–₹8,803) — 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 3302324 sqft (30.11 sqm)₹31.75 Lakh
Floor 5503213 sqft (19.82 sqm)₹19.75 Lakh

⚠ The inventory filing also declares: 13 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+5 and 25 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NEW SHIV SMRUTI1G+525-

Unit mix on the filing: 25 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.

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
31 Dec 202530 Jun 2026Requesting you to grant an extention of 11 months as there has been delay in procuring the good quality products & to provide the best quality service

Location, Land & Connectivity

Located at SHANI NAGAR, MANJARI ROAD, Ambarnath, Thane, 421601. Per the filed land record, the plot is bounded to the north by 10, to the south by 10, to the east by 15 and to the west by 15. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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possession by Aug 2026 · Adarsh Infra Developers
Awasare Heights
possession by Sep 2026 · Rajkumar Tuljaram Aswani
Krishna Crown
possession by Oct 2026 · Shree Krishna Reality
SAI Palace
possession by Oct 2026 · Vardhaman Developers
Sava Arcade
possession by Oct 2026 · Sava Developers

Major developers building in Shahapur

Other RERA-registered projects in Thane

NEW Shivneri Darshan CO. Operative Housing Society Limited
declared completion Oct 2022 · Global Housing Venture
New Suraj Tower
declared completion Dec 2023 · Ekdanta Constructions And Developers
New Suyash CHS
possession by Jun 2027 · Ganesh Chandrakant Malvankar
NEW Thana CHS
declared completion Dec 2021 · Gaurang Properties Pvt. Ltd.
New Vaishali CHS Ltd
declared completion Dec 2024 · Joshi & Yash Developers LLP
NEW Vanrai Parag CHS
possession by Dec 2026 · Vinayak 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