MahaRERA Property Intelligence · Thane

REGENCY VERTEX

P51700056035 · CHARAI · promoter Regency Buildspaces Llp

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700056035
Registered on10 May 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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 Buildspaces Llp is the promoter of record on 7 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 ~52.2% of the estimated project cost incurred as of the last certificate (₹41.80 Cr spent against a ₹80.00 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 67 homes filed with MahaRERA, 4 are sold/booked (3 with registered agreements + 1 booked) and 63 remain available (~6% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.77 Cr in agreement value so far. Of that, ₹1.13 Cr (~41%) is already collected, ₹1.64 Cr receivable — a read on how far along these sales really are. Note: the project registers 173 homes in total, but this sold/unsold inventory filing covers only 67 of them — the other 106 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.

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+30 and 173 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 11G+3017331 Dec 2028

Unit mix on the filing: 156 residential and 17 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.

Location, Land & Connectivity

Located at CHARAI, VILLAGE CHARAI, Ulhasnagar, Thane, 400601. Per the filed land record, the plot is bounded to the north by NALLAH, to the south by GANESH NIWAS SOCIETY, to the east by CHARAI ROAD and to the west by MTNL BUILDING. 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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Other RERA-registered projects in Thane

Nandigram
possession by Jul 2026 · Yogesh Kishor Mahajan
Embassy One Thane - 1A 1B 1C
possession by Aug 2026 · Tapir Constructions Limited
Aurum
possession by Sep 2026 · Shree GHP Housing
Avesa
possession by Oct 2026 · Jagdale Infrastructure Pvt. Ltd.
Ramashankar CHS LTD
possession by Oct 2026 · SAI Prasad Builders AND Developers
Bhavana Apartment CHS
possession by Nov 2026 · Shree Infra

Major developers building in Thane

Other RERA-registered projects in Thane

Rehman Complex Phase 2
possession by Dec 2030 · Iconic Reality
Rekhaai Residency
possession by Dec 2031 · Not Available
Relax County - B - Phase 2
declared completion Mar 2022 · Rajendra Yashwant Patil
Reliance Gold
possession by Feb 2028 · Golden Enterprises
Renaissance Industrial Smart City - PH I
possession by Dec 2031 · Renaissance Indus Infra Private Limited
Renaissance Industrial Smart City - PH II
possession by Dec 2038 · Renaissance Indus Infra Private Limited

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