MahaRERA Property Intelligence · Thane

Parth IT Park

P51700006252 · Belapur · promoter Shamirth Infra Private

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP51700006252
Registered on14 Aug 2017
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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.

Construction Progress

MahaRERA's cost filing puts construction at ~21.5% of the estimated project cost incurred as of the last certificate (₹9.55 Cr spent against a ₹44.50 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. The declared completion date has already passed while the cost-incurred filing sits at ~21.5% — a wide gap between the promise and the money actually spent on site.

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 106 homes filed with MahaRERA, 25 are sold/booked and 81 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹35.14 Cr in agreement value so far. Of that, ₹3.84 Cr (~11%) is already collected, ₹31.30 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 25 registered agreements, the effective carpet rate is ₹17,058/sqft (typical range ₹16,113–₹20,458) — 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+20 and 106 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PARTH IT PARK1G+2010630 Mar 2023

Unit mix on the filing: 3 residential and 103 non-residential (shops/offices).

Complaints & Orders

5 complaints are on the MahaRERA record for this project, with orders passed in 5. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000019557309/01/2021MAHAVIR KAMLAKAR PENDHARI/ MAHESH KAMLAKAR PENDHARI vs WELVAN SECURITEIS PVT LTD. / TULSIDAS KHIMJI PATELorder passed
CC00600000019562914/01/2021SEEMA HEDAOO vs WELVAN SECURITIES PRIVATE LIMITEDorder passed
CC00600000019765619/07/2021MAHAVEER KAMLAKAR PENDHARI vs Welvan Securities Pvt. Ltd.order passed
CC00600000037485920/03/2023TAVULA SHANKARRAO RAJKIRAN vs SHAMIRTH INFRA PRIVATE LIMITEDorder passed
CC00600000019535523/12/2020Mahavir Kamlakar Pendhari vs Tulsidas Kimji Patelorder passed

Legal & Litigation

The promoter has declared 1 court case 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
High Court Of BombayCOMSS/583/20172017Pre Admission

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
31 Dec 202531 Dec 2025In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r

Location, Land & Connectivity

Located at Belapur, Sector-15, Mumbai, Mumbai Suburban, 400614. Per the filed land record, the plot is bounded to the north by PLOT NO 106 104 AND 102, to the south by Plot No 86, to the east by Plot no 87 and to the west by 30 MTRS WIDE 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 ~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
Powai / Hiranandani business park19 km
Andheri MIDC / SEEPZ22 km
Chhatrapati Shivaji Int'l Airport23 km
Bandra Kurla Complex (BKC)24 km
Lower Parel / Worli business district31 km
Nariman Point / Fort36 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 Thane

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Parth Skyone
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Parul Apartments
declared completion Dec 2024 · Motichand Nathu Gosrani
Parvati Heights
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Parvati Heights
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What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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