MahaRERA Property Intelligence · Thane

PARSHVADHARA

P51700010323 · promoter Parshvanath Developers

Certificate SignedDue 30 Apr 2019

Delivery & Registration

MahaRERA registrationP51700010323
Registered on24 Aug 2017
Promoter-declared completion30 Apr 2019
Current statusCertificate Signed
Against todayabout 87 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, Parshvanath Developers is the promoter of record on 7 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.

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.

BuildingWingsFloorsDeclared completion
A-WING1G+4-
B-WING1G+7-
C-WING1G+7-
D-WING1G+7-

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000022089021/04/2022Parshvadhara CHS Ltd (society) vs M/s. Parshwanath Developers Through its partners, Mr. Ashish H. Doshi and Mr. Maganlal M. Velaniorder passed

A co-operative housing society is the complainant here (Parshvadhara CHS Ltd) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.

Location, Land & Connectivity

Located at Thane, Thane, 421503. Per the filed land record, the plot is bounded to the north by PROPERTY OF VASTU DEVELOPERS, to the south by PRANJI GARDEN, to the east by RAILWAY and to the west by PROPERTY OF BHAU M BHOPI. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~35 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 park35 km
Andheri MIDC / SEEPZ39 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)40 km
Lower Parel / Worli business district47 km
Nariman Point / Fort51 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

Parshvanath Developers is the promoter on 2 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).

Other flagged projects by Parshvanath Developers

Parshvanath Developers
FlaggedPalghar

Other RERA-registered projects in Badlapur

Ekdant Pooja Chsl
possession by Jul 2026 · Landmark Infra
OM Shiv Darshan
possession by Jul 2026 · Vinayak Enterprises Developers
RAJ Silverstone Phase-2
possession by Jul 2026 · Skyspace Builtek
Sairaj Avenue Wing B
possession by Jul 2026 · Virendra Atmaram Salunkhe
Satyam Sheela Wing F
possession by Jul 2026 · Shreeji Developers
Shreeji Greens
possession by Jul 2026 · Deep Laxmi Associates

Major developers building in Badlapur

Other RERA-registered projects in Thane

Parshwa Hill
declared completion Oct 2020 · JRV Construction CO
Parth IT Park
declared completion Dec 2025 · Shamirth Infra Private Limited
Parth Lakefront
declared completion Dec 2022 · Parth World LLP
Parth Lakeview
possession by Dec 2029 · Parth World LLP
Parth Skyone
declared completion Jun 2026 · Parth Parikh
Parul Apartments
declared completion Dec 2024 · Motichand Nathu Gosrani

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