MahaRERA Property Intelligence · Thane

Regency Business Park Phase III

PR1331012502818 · Kolshet · promoter Regency Shelters Llp

Certificate SignedDue 30 Jun 2028

Delivery & Registration

MahaRERA registrationPR1331012502818
Registered on16 Mar 2026
Promoter-declared completion30 Jun 2028
Current statusCertificate Signed
Against today23 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, Regency Shelters Llp is the promoter of record on 151 projects, of which 13 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 ~3.9% of the estimated project cost incurred as of the last certificate (₹1.60 Cr spent against a ₹41.00 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 58 homes filed with MahaRERA, 0 are sold/booked and 58 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 58 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No. 61G+858-

Unit mix on the filing: 19 residential and 39 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.

Legal & Litigation

The promoter has declared 5 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Civil Judge Thane663/20222022Ongoing
Bombay High Court531/20232023Closed
Bombay High Court13213/20232023Closed
Bombay High Court14678/20232023Closed
Bombay High Court124262023Ongoing

Location, Land & Connectivity

Located at Kolshet, Sector No. 05, Ulhasnagar, Thane, 400607. Per the filed land record, the plot is bounded to the north by 15 MTR WIDE DP ROAD, to the south by Shopping Centre and Bus Station, to the east by Recreation Ground and to the west by S No 193/2B and 193/5. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~16 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park16 km
Andheri MIDC / SEEPZ17 km
Chhatrapati Shivaji Int'l Airport21 km
Bandra Kurla Complex (BKC)23 km
Lower Parel / Worli business district31 km
Nariman Point / Fort39 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

Regency Shelters LLP is the promoter on 4 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 Regency Shelters LLP

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Other RERA-registered projects in Thane

Godrej Exquisite
possession by Sep 2026 · Godrej Macbricks Private Limited
Lodha Crown Kolshet-Tower 1
possession by Sep 2026 · Lodha Developers Limited
Odysseus
possession by Sep 2026 · Sagar Enterprise
Unique Vistas Mhada Building NO. 1,2,3
possession by Sep 2026 · Madhu Harshad Doshi
Unique Vistas Mhada Buildingno. 4 5 6 7
possession by Sep 2026 · Madhu Harshad Doshi
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

Major developers building in Thane

Other RERA-registered projects in Thane

Regency Business Park Phase IV
possession by Dec 2027 · Regency Shelters LLP
Regency Ellanza
declared completion Dec 2017 · Balaji Regency Properties
Regency Landmark
declared completion Apr 2024 · Regency Reality Developers LLP
Regency Luxuria Phase I
declared completion Dec 2025 · Regency Nirman LTD
Regency Luxuria Phase II
possession by Dec 2026 · Regency Nirman LTD
Regency Luxuria Phase III
possession by Jun 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