MahaRERA Property Intelligence · Thane

REDEVLOPMENT OF PANVELKAR EMPIRE WING A WING A-1 WING B

P51700026198 · AMBERNATH · promoter Om Sai Shraddha

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700026198
Registered on29 Aug 2020
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Om Sai Shraddha is the promoter of record on 119 projects, of which 11 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 ~93.3% of the estimated project cost incurred as of the last certificate (₹39.35 Cr spent against a ₹42.16 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 118 homes filed with MahaRERA, 101 are sold/booked and 17 remain available (~86% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹34.02 Cr in agreement value so far. Of that, ₹28.28 Cr (~83%) is already collected, ₹6.79 Cr receivable — a read on how far along these sales really are. Note: the project registers 210 homes in total, but this sold/unsold inventory filing covers only 118 of them — the other 92 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 101 registered agreements, the effective carpet rate is ₹5,237/sqft (typical range ₹4,731–₹5,687) — 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:

FloorUnitCarpetReckoner value
Floor 1Flat662 sqft (61.48 sqm)₹29.37 Lakh
Floor 1Flat693 sqft (64.42 sqm)₹30.77 Lakh
Floor 10Flat676 sqft (62.82 sqm)₹30.01 Lakh
Floor 11Flat684 sqft (63.58 sqm)₹30.37 Lakh
Floor 12Flat676 sqft (62.82 sqm)₹31.43 Lakh
Floor 13Flat674 sqft (62.64 sqm)₹31.39 Lakh
Floor 14Flat683 sqft (63.45 sqm)₹31.76 Lakh
Floor 14Flat1,185 sqft (110.08 sqm)₹55.10 Lakh
Floor 14Flat692 sqft (64.33 sqm)₹32.23 Lakh
Floor 14Flat693 sqft (64.41 sqm)₹32.27 Lakh
Floor 3Flat674 sqft (62.64 sqm)₹29.97 Lakh
Floor 3Flat662 sqft (61.48 sqm)₹29.37 Lakh
Floor 4Flat696 sqft (64.65 sqm)₹30.90 Lakh
Floor 8Flat678 sqft (63.02 sqm)₹30.11 Lakh
Floor 8Flat719 sqft (66.8 sqm)₹31.92 Lakh
Floor 8Flat610 sqft (56.66 sqm)₹27.06 Lakh
Ground/Floor 0Flat684 sqft (63.54 sqm)₹30.37 Lakh

⚠ The inventory filing also declares: 92 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+14 and 210 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PANVELKAR EMPIRE1G+14210-

Unit mix on the filing: 206 residential and 4 non-residential (shops/offices).

Complaints

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

Deadline Extensions

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
30 Mar 202402 Mar 2025Insufficient funds
30 Mar 202431 Mar 2026Insufficient funds
30 Mar 202431 Mar 2027Our Proposed date of Completion was 31st March, 2026. Project is completed Upto 100% Construction wise and we have applied for building completion certificate to the concern Munici

Location, Land & Connectivity

Located at AMBERNATH, KOHOJ-KHUNTAVALI, Ambarnath, Thane, 421501. Per the filed land record, the plot is bounded to the north by GALAXY C WING NANDANAM ASTHA AND 9 METER ROAD, to the south by CTS NO 67 AND CTS NO 71, to the east by S NO 31 1 and to the west by 12 00 M WIDE DP ROAD AND NARAYAN NAGAR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Om Sai Shraddha Developers is the promoter on 2 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 Om Sai Shraddha Developers

Om Sai Shraddha Developers
FlaggedThane

Other RERA-registered projects in Ambernath

24 High Bizbay
possession by Jul 2026 · Apex Infra
Shree Gajanan Enterprises Rukhmini CHS
possession by Jul 2026 · Shree Gajanan Enterprises Rukhmini CHS
Walekar Homes
possession by Aug 2026 · Walekar & Son's Developers
Patels Eirene
possession by Aug 2026 · Pramukh Developers
Ashok Smruti
possession by Sep 2026 · Asha Construction
Chadha Residency
possession by Sep 2026 · Chadha Developers AND Promoters

Major developers building in Ambernath

Other RERA-registered projects in Thane

Regal Avenue
declared completion Jan 2025 · Sagar Prakash Shah
Regal Square PH 4 Tower 6 AND 8
possession by Dec 2026 · DEV Drashti Realty Private Limited
Regal Square Phase II Building NO 4 AND 5
declared completion Dec 2021 · Squarefeet Infrastructure LLP
Regal Square Phase III Bldg NO 7
declared completion Mar 2024 · Squarefeet Infrastructure LLP
Regalia Shops
declared completion Jul 2020 · Lodha Developers Limited
Regency Anantam NXT Phase I
possession by Dec 2028 · Regency Nirman LTD

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