MahaRERA Property Intelligence · Thane

OSTWAL HORIZON

P51700024492 · NAVGHAR MIRA ROAD EAST · promoter Shree Ostwal Builders

Certificate SignedDue 30 Dec 2028

Delivery & Registration

MahaRERA registrationP51700024492
Registered on18 Feb 2020
Promoter-declared completion30 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, Shree Ostwal Builders is the promoter of record on 28 projects, of which none currently 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹27.00 Cr spent against a ₹27.00 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 257 homes filed with MahaRERA, 257 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹89.37 Cr in agreement value so far. Of that, ₹88.50 Cr (~99%) is already collected, ₹87.19 Lakh 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 257 registered agreements, the effective carpet rate is ₹12,666/sqft (typical range ₹11,479–₹13,263) — 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: 1 owner/investor-held and 2 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 260 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
OSTWAL HORIZON1G+26260-

Unit mix on the filing: 260 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.

Location, Land & Connectivity

Located at NAVGHAR MIRA ROAD EAST, KANAKIA ROAD, Thane, Thane, 401107. Per the filed land record, the plot is bounded to the north by DP ROAD, to the south by OPEN PLOT, to the east by OPEN PLOT and to the west by OSTWAL PRIDE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~19 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 / SEEPZ19 km
Powai / Hiranandani business park20 km
Chhatrapati Shivaji Int'l Airport23 km
Bandra Kurla Complex (BKC)26 km
Lower Parel / Worli business district34 km
Nariman Point / Fort42 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 Ostwal Builders LTD is the promoter on 20 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 Ostwal Builders LTD project & its RERA track record →

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Other RERA-registered projects in Mira Road East

Ganesh Darshan
possession by Jul 2026 · J.v. Realty
Savaliya Residency
possession by Jul 2026 · Shree Savaliya Housing LLP
127 RAJ Homes A Wing
possession by Aug 2026 · RAJ Homes
Beaumonde
possession by Sep 2026 · Kanungo Property
Rassaz Greens Tower C D AND E
possession by Dec 2026 · Rassaz Infrastructure Private Limited
Coral
Deregistered by MahaRERA · possession by Dec 2026 · Nilesh Shantilal Tank

Major developers building in Mira Road East

Other RERA-registered projects in Thane

Ostwal Mansion
possession by Dec 2029 · Shree Ostwal Builders LTD
Ostwal Orchid Building NO. 9 TO 12
declared completion Dec 2023 · Asha Enterprises
Ostwal Paradise Building No.9 Wing A - B - C
possession by Dec 2028 · Shree Ostwal Builders LTD
Ostwal Point
declared completion Dec 2018 · Shree Ostwal Builders LTD
Our Town - Majestic Apartments
declared completion Dec 2021 · Kaiyomerz Cowas Palia
Our Town - Whispering Woods
declared completion Dec 2023 · Kaiyomerz Cowas Palia

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