ACE Aristo
MahaRERA Property Intelligence · Thane
P51700008949 · Owale · promoter Shriraam Pioneer Developers
| MahaRERA registration | P51700008949 |
| Registered on | 19 Aug 2017 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 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.
Across MahaRERA, Shriraam Pioneer Developers is the promoter of record on 3 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.
Of 538 homes filed with MahaRERA, 531 are sold/booked (516 with registered agreements + 15 booked) and 7 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹211.83 Cr in agreement value so far. Of that, ₹178.00 Cr (~84%) is already collected, ₹33.83 Cr receivable — a read on how far along these sales really are. Note: the project registers 589 homes in total, but this sold/unsold inventory filing covers only 538 of them — the other 51 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 531 registered agreements, the effective carpet rate is ₹8,213/sqft (typical range ₹5,118–₹12,956) — 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 | 102 | 395 sqft (36.7 sqm) | ₹37.99 Lakh |
| Floor 1 | 104 | 372 sqft (34.56 sqm) | ₹36.05 Lakh |
| Floor 1 | 104 | 404 sqft (37.53 sqm) | ₹42.23 Lakh |
| Floor 1 | 105 | 388 sqft (36.05 sqm) | ₹39.93 Lakh |
| Floor 1 | 105 | 608 sqft (56.48 sqm) | ₹62.52 Lakh |
| Floor 21 | 2101 | 458 sqft (42.55 sqm) | ₹42.23 Lakh |
| Floor 4 | 405 | 388 sqft (36.05 sqm) | ₹39.93 Lakh |
⚠ The inventory filing also declares: 51 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+31 and 589 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| S1 | 1 | G+31 | 145 | - |
| S2 | 1 | G+31 | 145 | - |
| S3 | 1 | G+31 | 145 | - |
| S4 | 1 | G+30 | 145 | - |
| BUNGALOW 41 | 1 | G+1 | 1 | - |
| BUNGALOW 42 | 1 | G+1 | 1 | - |
| BUNGALOW 43 | 1 | G+1 | 1 | - |
| BUNGALOW 44 | 1 | G+1 | 1 | - |
| BUNGALOW 45 | 1 | G+1 | 1 | - |
| BUNGALOW 46 | 1 | G+1 | 1 | - |
| BUNGALOW 47 | 1 | G+1 | 1 | - |
| BUNGALOW 48 | 1 | G+1 | 1 | - |
| BUNGALOW 49 | 1 | G+1 | 1 | - |
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Unit mix on the filing: 589 residential.
12 complaints are on the MahaRERA record for this project, with orders passed in 11. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000000624 | 15/09/2017 | Mahesh Gopal Bhior vs mohan baburao shinde | order passed |
| CC006000000079441 | 03/06/2019 | HARVINDER SINGH DHILLON vs M/S. RAM DEVELOPERS | order passed |
| CC006000000209681 | 15/01/2022 | Anupama Amresh sharma vs Ram Developers | order passed |
| CC006000000333771 | 31/12/2022 | Hemant Bulchandani vs Paradigm UBER INFRA LLP | order passed |
| CC006000000375066 | 01/04/2023 | MANASI MANISH PURI vs RAM DEVELOPERS | order passed |
| CC006000000480023 | 10/04/2024 | MANASI MANISH PURI vs M/S RAM DEVELOPERS | order passed |
| CC006000000397650 | 12/10/2023 | MADHUSUDAN TAPADIA vs Shreeram Pioneers Developers Pvt Ltd | order passed |
| CC006000000500486 | 29/05/2024 | Rajeshkumar Vishwakarma vs Shriraam pioneer developers pvt ltd | order passed |
| CC12401202 | 21/12/2024 | Rajeshkumar Vishwakarma vs Shriraam Pioneer Developers Private Limited | order passed |
| CC12401203 | 21/12/2024 | Seema Vishwakarma vs Shriraam Pioneer Developers Private Limited | order passed |
| CC12500069 | 08/01/2025 | prakash suhas halde vs Shriraam Pioneer Developers Private Limited | order passed |
| CC12503839 | 01/11/2025 | Anil Subhash Jaiswal vs Shriraam Pioneer Developers Private Limited | pending / no order on file |
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 | 17 Dec 2023 | Project got delayed due to eco sensitive zone declared on ghodbunder road, all projects are on Halt. But now it got cleared according to judgement given by the supreme court. Now e |
| 31 Dec 2024 | 31 Dec 2024 | • 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 |
| 30 Dec 2022 | 31 Dec 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 |
Located at Owale, Ghodbunder Road, Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by PLOT WITH SURVEY NO 64-1 AND 61-1-A, to the south by PLOT WITH SURVEY NO 67-3-1 AND 67-3-2, to the east by PLOT WITH SURVEY NO 63-1 67-2 68-1 68-2-1 and to the west by PLOT WITH SURVEY NO 66-2 131-2 AND 30 MT DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~18 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 18 km |
| Andheri MIDC / SEEPZ | 19 km |
| Chhatrapati Shivaji Int'l Airport | 23 km |
| Bandra Kurla Complex (BKC) | 25 km |
| Lower Parel / Worli business district | 34 km |
| Nariman Point / Fort | 41 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 PUSHPANJALI RESIDENCY PHASE III?
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
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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