MahaRERA Property Intelligence · Thane

PUSHPANJALI RESIDENCY PHASE III

P51700050376 · OWALE THANE · promoter Shriraam Pioneer Developers

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700050376
Registered on05 Apr 2023
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to 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, 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.

Sales & Inventory

Of 398 homes filed with MahaRERA, 134 are sold/booked (109 with registered agreements + 25 booked) and 264 remain available (~34% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹72.64 Cr in agreement value so far. Of that, ₹21.64 Cr (~30%) is already collected, ₹51.00 Cr receivable — a read on how far along these sales really are. Note: the project registers 403 homes in total, but this sold/unsold inventory filing covers only 398 of them — the other 5 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 134 registered agreements, the effective carpet rate is ₹11,904/sqft (typical range ₹11,252–₹12,754) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 5 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+5 and 403 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
S71G+01231 Dec 2028
S51G+516231 Dec 2028
S61G+522931 Dec 2028

Unit mix on the filing: 391 residential and 12 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1260452119/07/2026Nilesh Vinod Trivedi vs SHRIRAAM PIONEER DEVELOPERS PRIVATE LIMITEDpending / no order on file

Location, Land & Connectivity

Located at OWALE THANE, GHODBUNDER ROAD, Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by S NO 61-1A, to the south by S NO 67-3-2, to the east by S NO 68-1 and to the west by S NO 131-2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park17 km
Andheri MIDC / SEEPZ18 km
Chhatrapati Shivaji Int'l Airport22 km
Bandra Kurla Complex (BKC)24 km
Lower Parel / Worli business district33 km
Nariman Point / Fort40 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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Puranik Home Town - E
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Vihang Plaza - A Commecial
possession by Dec 2026 · Vihang Enterprises
Vihang Woods
possession by Dec 2026 · Vihang Enterprises
Ace Enclave
possession by Dec 2026 · Ace Signature Homes LLP

Major developers building in Owale

Other RERA-registered projects in Thane

Pushpraj Prime
possession by May 2028 · Moonstone Properties
Pyramid 24
possession by Dec 2028 · Ravechi Infratech
Pyramid Centria
possession by Dec 2028 · Pyramid Infratech CO
Pyramid Elements
declared completion Dec 2023 · Pyramid Infratech CO
Pyramid Horizon
possession by Dec 2027 · Pyramid Construction
Pyramid Icon
declared completion Jun 2023 · Titanium Infracon

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