Rashmi Star City Phase 2

Delivery and registration

When is the project declared for completion?

Rashmi Star City Phase 2 is registered with MahaRERA as P99000005391 and the promoter has declared completion for 30 Dec 2026.

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Rashmi Star City Phase 2 record 36 quarterly progress reports since registration.

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

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Promoter record

What else is this promoter on record for?

Rashmi Realty Builders is the promoter of record on 22 projects registered with MahaRERA, 11 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

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 Rashmi Star City Phase 2, ₹156.74 Cr of a declared ₹320.83 Cr estimated project cost is reported as incurred, about 48.9%, as at the last certified filing with MahaRERA.

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 Rashmi Star City Phase 2, 80 of 1,228 homes filed with MahaRERA are recorded as sold or booked (61 with registered agreements and 19 booked), about 7%, and 1,148 remain available.

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, ₹9.53 Cr (about 102%) is recorded as collected and ₹66.61 Lakh as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 80 registered agreements, the effective carpet rate is ₹3,176/sqft, with eight in ten falling between ₹3,009 and ₹5,382 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

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 16 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 80 homes carry one, and 1148 of the 1228 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Rashmi Star City Phase 2, 872 of the 1148 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.

See the other 1147 homes — ₹2,999 →

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+46 and 1228 homes are registered across the project.

Unit mix on the filing: 1135 residential and 93 non-residential (shops/offices).

Legal and disputes

What disputes are disclosed?

7 complaints are on the MahaRERA record for Rashmi Star City Phase 2, with orders passed in 7 of them.

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Legal & Litigation

The promoter has declared 3 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

Location, Land & Connectivity

Located at Naigaon East, Naigaon East, Thane, Thane, 401208. Per the filed land record, the plot is bounded to the north by 20 M DP Rd, to the south by 20 M DP Rd, to the east by Mahalaxmi Developers and to the west by 30 M DP Rd. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~26 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.