MahaRERA Property Intelligence · Thane

Panvelkar Aangan Phase 1

P51700017019 · Vashind · promoter Crystal Realtors

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700017019
Registered on04 Jul 2018
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Crystal Realtors is the promoter of record on 60 projects, of which 8 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 (₹17.79 Cr spent against a ₹17.79 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 345 homes filed with MahaRERA, 140 are sold/booked (134 with registered agreements + 6 booked) and 205 remain available (~41% sold) — selling steadily. Buyers have committed ₹28.74 Cr in agreement value so far. Of that, ₹27.36 Cr (~95%) is already collected, ₹1.38 Cr 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 140 registered agreements, the effective carpet rate is ₹6,011/sqft (typical range ₹5,387–₹6,619) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+7 and 345 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building A1G+710631 Dec 2021
Building B1G+78731 Dec 2021
Building C1G+715231 Dec 2021

Unit mix on the filing: 318 residential and 27 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.

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 Dec 202331 Dec 2027We would like to bring to your notice that the project comprises of three buildings namely Building A, Building B & Building C. Out of the three buildings, only two buildings (i.e.

Location, Land & Connectivity

Located at Vashind, Survey No 46/7P/1, 46/11B, 49/1 plus 3P, Ambarnath, Thane, 421604. Per the filed land record, the plot is bounded to the north by Survey No 47, to the south by National Highway 3, to the east by Survey No 44 and to the west by Survey No 48 and 51. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~34 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park34 km
Andheri MIDC / SEEPZ34 km
Chhatrapati Shivaji Int'l Airport39 km
Bandra Kurla Complex (BKC)41 km
Lower Parel / Worli business district49 km
Nariman Point / Fort57 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

Crystal Realtors is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Crystal Realtors

Crystal Realtors
Past its declared completion datePalghar

Other RERA-registered projects in Thane

Shree SAI Kabadi Waingankar Complex
possession by Jul 2026 · Devidas Anant Waingankar
Mirador Sangam
Not filing quarterly progress reports · possession by Aug 2027 · Mirador Dewellers Pvt Ltd
Vasind Lifestyle
possession by Dec 2027 · Goranath Estate Private Limited
Tulja Serenity Greens - Phase 2
declared completion Dec 2025 · Tuljai Construction CO.
Rohini
declared completion Dec 2024 · Thilayaparambil Kumaran Joshi
Tulja Serenity Greens - Phase 1
declared completion Dec 2024 · Tuljai Construction CO.

Other RERA-registered projects in Thane

Panvelkar Bhoomi Building NO 5,6,7,8,9
possession by Dec 2027 · Panvelkar Bhoomi
Panvelkar Crown
declared completion Dec 2018 · Rahul Vijay Panvelkar
Panvelkar Crown B Wing
declared completion Dec 2024 · Rahul Vijay Panvelkar
Panvelkar Daffodil
declared completion Apr 2019 · Ameya Developers
Panvelkar Daffodil 24-25-27
declared completion Dec 2023 · Ameya Developers
Panvelkar Daffodil - R2
declared completion Dec 2025 · Ameya 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