MahaRERA Property Intelligence · Thane

ORCHID ARCADE

P51700010098 · VASHI, NAVI MUMBAI · promoter Swastik Anmol Builders

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700010098
Registered on24 Aug 2017
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.

Builder Track Record

Across MahaRERA, Swastik Anmol Builders is the promoter of record on 119 projects, of which 16 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 ~73.9% of the estimated project cost incurred as of the last certificate (₹3.55 Cr spent against a ₹4.80 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 17 homes filed with MahaRERA, 6 are sold/booked and 11 remain available (~35% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹5.05 Cr in agreement value so far. Of that, ₹3.52 Cr (~70%) is already collected, ₹1.53 Cr receivable — a read on how far along these sales really are. Note: the project registers 37 homes in total, but this sold/unsold inventory filing covers only 17 of them — the other 20 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 6 registered agreements, the effective carpet rate is ₹11,627/sqft (typical range ₹7,098–₹13,490) — 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 101002778 sqft (72.31 sqm)₹97.88 Lakh
Floor 111101778 sqft (72.31 sqm)₹97.99 Lakh
Floor 111102778 sqft (72.31 sqm)₹97.99 Lakh
Floor 131301778 sqft (72.31 sqm)₹97.99 Lakh
Floor 131302778 sqft (72.31 sqm)₹97.99 Lakh
Floor 141402778 sqft (72.31 sqm)₹97.88 Lakh
Floor 151501778 sqft (72.31 sqm)₹97.99 Lakh
Floor 151502778 sqft (72.31 sqm)₹97.99 Lakh
Floor 161602668 sqft (62.05 sqm)₹84.19 Lakh
Floor 8801778 sqft (72.31 sqm)₹97.88 Lakh
Floor 9901778 sqft (72.31 sqm)₹97.99 Lakh

⚠ The inventory filing also declares: 20 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+16 and 37 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ORCHID ARCADE1G+163730 Jun 2023

Unit mix on the filing: 29 residential and 8 non-residential (shops/offices).

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 4 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
Bombay High Court113802015Closed
Bombay High Court127142015Closed
Bombay High Court11380,127142015Closed
Supreme Court Of India(CIVIL) Diary No(s). 117242024Ongoing

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 Jun 202431 Dec 2028Court Case pending before supreme court with status quo to be maintained.

Location, Land & Connectivity

Located at VASHI, NAVI MUMBAI, PLOT NO.-6, BLDG. NO.-F-4, SECTOR NO.-10, Thane, Thane, 400703. Per the filed land record, the plot is bounded to the north by ROAD 6 MTR WIDE, to the south by F2 TYPE BUILDING, to the east by F 3 TYPE BLDG AND 32 MTR ROAD and to the west by 9 MTR ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park11 km
Bandra Kurla Complex (BKC)14 km
Chhatrapati Shivaji Int'l Airport14 km
Andheri MIDC / SEEPZ15 km
Lower Parel / Worli business district20 km
Nariman Point / Fort25 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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Other RERA-registered projects in Vashi

Goodwill Bizhub
possession by Sep 2026 · M/s. Goodwill Dwellings LLP
Aurous
possession by Dec 2026 · Asaya Builders AND Developers LLP
Cyber Works
possession by Dec 2026 · Greenscape Ventures
Akshar Panchratna
possession by Jun 2027 · Akshar Dream Homes
Centonic
possession by Jun 2027 · Metro Lifescapes India LLP
Aykon
possession by Dec 2027 · Metro Lifescapes India LLP

Major developers building in Vashi

Other RERA-registered projects in Thane

Orchid M N O
declared completion Dec 2020 · Palava Dwellers Pvt Ltd
Orchid Square Phase 2
declared completion Dec 2018 · M/S Squarefeet ECO Housing LLP
Orchid Square Phase 3
declared completion Dec 2023 · M/S Squarefeet ECO Housing LLP
Orchid Square Phase 4
declared completion Dec 2025 · M/S Squarefeet ECO Housing LLP
Orchid Tower
possession by Jan 2027 · Skyview Builders & Developers
Oriana Business Park
declared completion Mar 2019 · Dream Business Venture

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