Shakti Developers
MahaRERA · the public record
PRINCE AVENUE
KON GAON · SHAKTI DEVELOPERS
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24units filed as unsoldInventory · 18 September 2026
30 Jun 2026declared completionMahaRERA registration · read 12 Jul 2026
85registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
30 Jun 2026
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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MahaRERA · P51700025661
Delivery and registration
When is the project declared for completion?
PRINCE AVENUE is registered with MahaRERA as P51700025661 and the promoter has declared completion for 30 Jun 2026.
30 Jun 2026
declared completion
3months past
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51700025661 |
| Registered on | 01 Jul 2020 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 3 months past the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for PRINCE AVENUE record 21 quarterly progress reports since registration.
21quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Filing progress reports — 21 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Shakti Developers is the promoter of record on 138 projects registered with MahaRERA, 19 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
138projects
registered with MahaRERA
19flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In PRINCE AVENUE, ₹10.22 Cr of a declared ₹10.84 Cr estimated project cost is reported as incurred, about 94.2%, as at the last certified filing with MahaRERA.
94.2%
₹10.22 Cr
of ₹10.84 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In PRINCE AVENUE, 60 of 85 homes filed with MahaRERA are recorded as sold or booked (52 with registered agreements and 8 booked), about 71%, and 25 remain available.
71%sold
60 of 85 homes
₹13.44 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹11.64 Cr (about 87%) is recorded as collected and ₹1.80 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 60 registered agreements, the effective carpet rate is ₹6,435/sqft, with eight in ten falling between ₹3,996 and ₹8,107 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 400 sqft (37.19 sqm) | - |
| Floor 1 | 104 | 276 sqft (25.65 sqm) | - |
| Floor 1 | 108 | 429 sqft (39.88 sqm) | - |
| Floor 10 | 1008 | 276 sqft (25.67 sqm) | ₹8.42 Lakh |
| Floor 11 | 1101 | 297 sqft (27.6 sqm) | ₹9.96 Lakh |
| Floor 11 | 1104 | 412 sqft (38.26 sqm) | ₹6.64 Lakh |
| Floor 11 | 1105 | 400 sqft (37.15 sqm) | ₹9.96 Lakh |
| Floor 11 | 1106 | 429 sqft (39.88 sqm) | ₹10.27 Lakh |
| Floor 11 | 1107 | 400 sqft (37.19 sqm) | ₹9.95 Lakh |
| Floor 11 | 1108 | 276 sqft (25.67 sqm) | ₹8.42 Lakh |
| Floor 2 | 204 | 276 sqft (25.65 sqm) | - |
| Floor 2 | 205 | 400 sqft (37.2 sqm) | - |
| Floor 2 | 207 | 400 sqft (37.15 sqm) | - |
| Floor 3 | 301 | 400 sqft (37.19 sqm) | - |
| Floor 3 | 304 | 276 sqft (25.65 sqm) | - |
| Floor 3 | 308 | 429 sqft (39.88 sqm) | - |
| Floor 4 | 401 | 400 sqft (37.19 sqm) | - |
| Floor 4 | 402 | 276 sqft (25.67 sqm) | - |
| Floor 4 | 407 | 400 sqft (37.15 sqm) | - |
| Floor 5 | 502 | 276 sqft (25.67 sqm) | - |
| Floor 5 | 508 | 429 sqft (39.88 sqm) | - |
| Floor 6 | 604 | 400 sqft (37.2 sqm) | - |
| Floor 6 | 606 | 400 sqft (37.15 sqm) | - |
| Floor 6 | 607 | 429 sqft (39.88 sqm) | - |
| Floor 8 | 808 | 276 sqft (25.67 sqm) | ₹8.42 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 18 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 61 homes carry one, and 24 of the 85 are recorded unsold. Since we started watching this ledger, 6 homes have moved out of the unsold list, most recently on 09 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 606 | 400 sqft | Rs 26.50 lakh typical, over Rs 7.14 lakh to Rs 31.00 lakh | 22 filed at this size |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In PRINCE AVENUE, 23 of the 24 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+10 and 85 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PRINCE AVENUE 1 | 1 | G+10 | 85 | - |
Unit mix on the filing: 85 residential.
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 3 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 31 Aug 2024 | Due to Covid Lockdown, the work could not take up the pace. So we humbly request you to consider extending the completion date. Also, there has been no progress in terms of booking |
| 31 Aug 2024 | 25 Nov 2025 | • The real estate industry went through multiple challenges over the pandemic years with supply chain disruption, labour crisis, and budget crunch slowing down growth. • We have b |
| 25 Nov 2025 | 30 Jun 2026 | Dear sir/Madam, I here with request you for extension of completion of the project namely Shakti Developers "PRINCE AVENUE", originally due on 25/11/2025. Due to unforeseen circums |
Location, Land & Connectivity
Located at KON GAON, SURVEY NUMBER 15 HISSA 4A-4B, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by SURVEY NUMBER 15 HISSA 3, to the south by SURVEY NUMBER 15 HISSA 6-8, to the east by SURVEY NO 16 and to the west by SURVEY NO 10. These are the boundaries as recorded in the filed land record.