MahaRERA Property Intelligence · Thane

R1 AND R2 PANVELKAR PALASH CHS

PR1330002600912 · promoter Shree Sai Enterprises

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationPR1330002600912
Registered on24 Jun 2026
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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.

Construction Progress

MahaRERA's cost filing puts construction at ~18.8% of the estimated project cost incurred as of the last certificate (₹1.57 Cr spent against a ₹8.34 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.

Sales & Inventory

Of 55 homes filed with MahaRERA, 0 are sold/booked and 55 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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+8 and 55 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
R1 and R2 Panvelkar Palash2G+855-

Unit mix on the filing: 87 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Plot No.:1 & 2, Village:BELAWALI, Survey No.:S.45/3/1 & 45/3/2, Kalyan, Thane, 421503. Per the filed land record, the plot is bounded to the north by Survey no. 45/1, to the south by Open Plot, to the east by Survey no. 45/2 and to the west by Nala. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~34 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 park34 km
Andheri MIDC / SEEPZ38 km
Chhatrapati Shivaji Int'l Airport39 km
Bandra Kurla Complex (BKC)39 km
Lower Parel / Worli business district46 km
Nariman Point / Fort50 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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Builder track record

Shree Sai Enterprises is the promoter on 5 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

See every Shree Sai Enterprises project & its RERA track record →

Other flagged projects by Shree Sai Enterprises

Shree Sai Enterprises
FlaggedRaigarh
Shree Sai Enterprises
FlaggedMumbai Suburban
Shree Sai Enterprises
FlaggedRaigarh
Shree Sai Enterprises
FlaggedThane

Other RERA-registered projects in Badlapur

Ekdant Pooja Chsl
possession by Jul 2026 · Landmark Infra
OM Shiv Darshan
possession by Jul 2026 · Vinayak Enterprises Developers
RAJ Silverstone Phase-2
possession by Jul 2026 · Skyspace Builtek
Sairaj Avenue Wing B
possession by Jul 2026 · Virendra Atmaram Salunkhe
Satyam Sheela Wing F
possession by Jul 2026 · Shreeji Developers
Shreeji Greens
possession by Jul 2026 · Deep Laxmi Associates

Major developers building in Badlapur

Other RERA-registered projects in Thane

Rabiya Residency
declared completion Sep 2019 · A R Construction
Rachana Co-Operative Housing Society
declared completion Mar 2024 · Joshi Enterprises
Rachana Green
declared completion Dec 2025 · Rachana Infrastructure
Rachana Heights
declared completion Jun 2019 · Reshma Vikas Bambulkar
Rachana Residency
declared completion Mar 2023 · Rachana Enterprises
Rachana Safalya
declared completion Mar 2025 · Rachana Project

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