RAMESHWAR PARK - A1 AND A2

Delivery & Registration

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.

• Filing progress reports — 4 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Rameshawar Builders Developers is the promoter of record on 6 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.

Construction Progress

MahaRERA's cost filing puts construction at ~56.7% of the estimated project cost incurred as of the last certificate (₹6.69 Cr spent against a ₹11.80 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 91 homes filed with MahaRERA, 51 are sold/booked (30 with registered agreements + 21 booked) and 40 remain available (~56% sold) — selling steadily. Buyers have committed ₹13.00 Cr in agreement value so far. Of that, ₹4.15 Cr (~32%) is already collected, ₹8.85 Cr receivable — a read on how far along these sales really are. Note: the project registers 105 homes in total, but this sold/unsold inventory filing covers only 91 of them — the other 14 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 51 registered agreements, the effective carpet rate is ₹7,499/sqft (typical range ₹6,952–₹8,037) — 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:

⚠ The inventory filing also declares: 14 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+7 and 105 homes are registered across the project.

Unit mix on the filing: 105 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 Sector-11, Mouje-Dawale,, DIVA SHIL ROAD, Thane, Thane, 400612. Per the filed land record, the plot is bounded to the north by 9M WIDE Access Road, to the south by S No 128 HISSA NO 1, to the east by S No 119 and to the west by 25M WIDE DP Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

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.

Builder track record

Rameshawar Builders & Developers is the promoter on 6 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).

Other flagged projects by Rameshawar Builders & Developers

Other RERA-registered projects in Mumbra

Major developers building in Mumbra

Other RERA-registered projects in Thane

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.