Arihant Tower
MahaRERA Property Intelligence · Mumbai City
P51900029734 · Shivaji Park, Dadar West · promoter Shree Siddhivinayak Developer
| MahaRERA registration | P51900029734 |
| Registered on | 26 Jun 2021 |
| Promoter-declared completion | 30 Sep 2026 |
| Current status | Certificate Signed |
| Against today | 2 months to the declared date |
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.
MahaRERA's cost filing puts construction at ~83.6% of the estimated project cost incurred as of the last certificate (₹24.45 Cr spent against a ₹29.25 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.
Of 34 homes filed with MahaRERA, 28 are sold/booked (26 with registered agreements + 2 booked) and 6 remain available (~82% sold) — selling steadily. Buyers have committed ₹57.76 Cr in agreement value so far. Of that, ₹47.17 Cr (~82%) is already collected, ₹10.60 Cr receivable — a read on how far along these sales really are. Note: the project registers 88 homes in total, but this sold/unsold inventory filing covers only 34 of them — the other 54 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 28 registered agreements, the effective carpet rate is ₹39,813/sqft (typical range ₹29,194–₹51,694) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 11 | 1104 | 715 sqft (66.42 sqm) | ₹1.74 Cr |
| Floor 20 | 2001 | 646 sqft (60 sqm) | ₹1.57 Cr |
| Floor 20 | 2002 | 647 sqft (60.08 sqm) | ₹1.57 Cr |
| Floor 22 | 2201 | 646 sqft (60 sqm) | ₹1.57 Cr |
| Floor 22 | 2202 | 647 sqft (60.08 sqm) | ₹1.57 Cr |
| Floor 22 | 2203 | 487 sqft (45.27 sqm) | ₹1.18 Cr |
⚠ The inventory filing also declares: 4 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+22 and 88 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Park Abode | 1 | G+22 | 88 | - |
Unit mix on the filing: 79 residential and 9 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 3 times. 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 2024 | 31 Dec 2025 | As per attachment |
| 31 Dec 2024 | 30 Jun 2026 | The current facts of the case are being explained hereunder.We started construction work in full swing. Quality of the construction is our primary preference and therefore we do no |
| 31 Dec 2024 | 30 Sep 2026 | The current facts of the case are being explained hereunder. We started construction work in full swing. Quality of the construction is our primary preference and therefore we do n |
Located at Shivaji Park, Dadar West, Lady Jamshetji Road, Thane, Thane, 400028. Per the filed land record, the plot is bounded to the north by Lady Jamshetji Road Plot no 180 and a180 part, to the south by Lady Jamshetji road Plot no 182 and 182-A, to the east by Lady Jamshetji Rod and to the west by Plot no 128 of Shivaji Park. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 3 km |
| Bandra Kurla Complex (BKC) | 5 km |
| Chhatrapati Shivaji Int'l Airport | 7 km |
| Nariman Point / Fort | 11 km |
| Andheri MIDC / SEEPZ | 12 km |
| Powai / Hiranandani business park | 12 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.
🔒 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.
🔒 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.
Should you buy in Park Abode?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Last checked against the RERA register: 27 Jul 2026