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MahaRERA Property Intelligence · Thane
P51700021978 · NAUPADA · promoter Prannav Developers
| MahaRERA registration | P51700021978 |
| Registered on | 25 Aug 2019 |
| Promoter-declared completion | 15 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹8.96 Cr spent against a ₹8.96 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 24 homes filed with MahaRERA, 9 are sold/booked and 15 remain available (~38% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹6.80 Cr in agreement value so far. Of that, ₹5.41 Cr (~80%) is already collected, ₹1.39 Cr receivable — a read on how far along these sales really are. Note: the project registers 39 homes in total, but this sold/unsold inventory filing covers only 24 of them — the other 15 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 9 registered agreements, the effective carpet rate is ₹18,127/sqft (typical range ₹1,902–₹38,855) — 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 1 | 101 | 314 sqft (29.17 sqm) | ₹50.03 Lakh |
| Floor 2 | 202 | 273 sqft (25.36 sqm) | ₹43.49 Lakh |
| Floor 3 | 301 | 1,173 sqft (108.97 sqm) | ₹1.87 Cr |
| Floor 3 | 303 | 356 sqft (33.07 sqm) | ₹56.72 Lakh |
| Floor 3 | 304 | 650 sqft (60.39 sqm) | ₹1.04 Cr |
| Floor 3 | 305 | 229 sqft (21.31 sqm) | ₹36.55 Lakh |
| Floor 4 | 401 | 729 sqft (67.73 sqm) | ₹1.16 Cr |
| Floor 4 | 402 | 975 sqft (90.58 sqm) | ₹1.55 Cr |
| Floor 5 | 502 | 856 sqft (79.52 sqm) | ₹1.36 Cr |
| Floor 6 | 601 | 766 sqft (71.16 sqm) | ₹1.22 Cr |
| Floor 6 | 602 | 856 sqft (79.52 sqm) | ₹1.36 Cr |
| Floor 7 | 701 | 1,262 sqft (117.24 sqm) | ₹2.01 Cr |
| Floor 7 | 702 | 856 sqft (79.52 sqm) | ₹1.36 Cr |
| Floor 8 | 701 | 766 sqft (71.16 sqm) | ₹1.22 Cr |
| Ground/Floor 0 | 003 | 196 sqft (18.21 sqm) | ₹31.23 Lakh |
⚠ The inventory filing also declares: 4 not for sale. 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+7 and 39 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| BUILDING A | 1 | G+7 | 19 | - |
| BUILDING B | 1 | G+7 | 20 | - |
Unit mix on the filing: 13 residential and 26 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 |
|---|---|---|
| 30 Jun 2023 | 29 Jun 2024 | During Covid-19 lockdown period & post lockdown period, we faced many difficulties like financial crunches, shortage of labour etc. Also, due to coming into effect of the new rules |
| 30 Jun 2023 | 30 Jun 2025 | Our plot is located at the junction of two 18 mt wide D P roads. The said locality is very busy & adjoining M H High school which restricted our working hours. There was a road set |
| 30 Jun 2023 | 15 Jun 2026 | Project was completed and application to TMC for OC was done before the rera completion date. OC Approval process took 2 months & on 04.09.25 OC was granted. Therefore, we had appl |
Located at NAUPADA, DR. MOOSE ROAD, SHIVAJI PATH, Thane, Thane, 400602. Per the filed land record, the plot is bounded to the north by 60 FEET WIDE ROAD, to the south by C S NO 14 AND 16 AND M H HIGH SCHOOL, to the east by 75 FEET WIDE ROAD and to the west by C S NO 12. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 11 km |
| Andheri MIDC / SEEPZ | 13 km |
| Chhatrapati Shivaji Int'l Airport | 16 km |
| Bandra Kurla Complex (BKC) | 18 km |
| Lower Parel / Worli business district | 26 km |
| Nariman Point / Fort | 34 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.
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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