MahaRERA Property Intelligence · Thane

Riverwood Park Building No -3

P51700030195 · Sagarli, Dombivili East · promoter Shree Khidkaleshwar Property

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51700030195
Registered on05 Aug 2021
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Shree Khidkaleshwar Property is the promoter of record on 5 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 ~75.3% of the estimated project cost incurred as of the last certificate (₹31.26 Cr spent against a ₹41.53 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 159 homes filed with MahaRERA, 140 are sold/booked and 19 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹57.03 Cr in agreement value so far. Of that, ₹36.30 Cr (~64%) is already collected, ₹20.73 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 140 registered agreements, the effective carpet rate is ₹8,274/sqft (typical range ₹7,755–₹8,924) — 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 1103591 sqft (54.93 sqm)₹32.02 Lakh
Floor 1105565 sqft (52.53 sqm)₹30.62 Lakh
Floor 1107566 sqft (52.55 sqm)₹30.64 Lakh
Floor 2201567 sqft (52.71 sqm)₹30.73 Lakh
Floor 2203591 sqft (54.93 sqm)₹32.02 Lakh
Floor 2205565 sqft (52.53 sqm)₹30.62 Lakh
Floor 242401567 sqft (52.71 sqm)₹30.73 Lakh
Floor 242403591 sqft (54.93 sqm)₹32.02 Lakh
Floor 3301567 sqft (52.71 sqm)₹30.73 Lakh
Floor 3303591 sqft (54.93 sqm)₹32.02 Lakh
Floor 3305565 sqft (52.53 sqm)₹30.62 Lakh
Floor 4403591 sqft (54.93 sqm)₹32.02 Lakh
Floor 4405565 sqft (52.53 sqm)₹30.62 Lakh
Floor 5501567 sqft (52.71 sqm)₹30.73 Lakh
Floor 5503591 sqft (54.93 sqm)₹32.02 Lakh
Floor 5505565 sqft (52.53 sqm)₹30.62 Lakh
Floor 6601567 sqft (52.71 sqm)₹30.73 Lakh
Floor 7701567 sqft (52.71 sqm)₹30.73 Lakh
Floor 8801567 sqft (52.71 sqm)₹30.73 Lakh

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+27 and 159 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Riverwood Park Building No -31G+27159-

Unit mix on the filing: 159 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Jun 202630 Jun 2027We hereby apply for extension under Section 6 of the Real Estate (Regulation and Development) Act, 2016. The primary reason for the delay in completion of the project has arisen d

Location, Land & Connectivity

Located at Sagarli, Dombivili East, Kalyan Shill Road, Ward ABCD, Mumbai City, 421204. Per the filed land record, the plot is bounded to the north by Survey No -26-6 Part, to the south by Survey No - 26-7 Part, to the east by Survey No 26-4 Part and to the west by Survey No 25 Part. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~21 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park21 km
Andheri MIDC / SEEPZ24 km
Chhatrapati Shivaji Int'l Airport26 km
Bandra Kurla Complex (BKC)27 km
Lower Parel / Worli business district35 km
Nariman Point / Fort40 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

Shree Khidkaleshwar Property Developers Pvt. Ltd. is the promoter on 5 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 Shree Khidkaleshwar Property Developers Pvt.

Shree Khidkaleshwar Property Developers Pvt. Ltd.
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Shree Khidkaleshwar Property Developers Pvt. Ltd.
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Shree Khidkaleshwar Property Developers Pvt. Ltd.
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Other RERA-registered projects in Dombivali

Balaji Estate
possession by Jul 2026 · M/s. Sai Balaji Buildcon
Jayram Heights
possession by Jul 2026 · Ashapura Enterprises
Pearl B
possession by Jul 2026 · Lodha Developers Limited
Runwal Gardens Phase 4 Bldg No. 33-34
possession by Sep 2026 · Runwal Residency Private Limited
Sai Siddhi Residency
possession by Sep 2026 · Devendra Damodar Patil
Alimkar Heights
possession by Oct 2026 · Alimkar & Sons

Major developers building in Dombivali

Other RERA-registered projects in Thane

Riverwood Park Building No. 4
declared completion Oct 2023 · Shree Khidkaleshwar Property Developers
Riverwood Park Building No. 5
declared completion Feb 2025 · Shree Khidkaleshwar Property Developers
Riviera - Building No.1
declared completion Sep 2024 · Shreeram Builders
Riviera - Building No.2
declared completion Sep 2025 · Shreeram Builders
Riviera Tower
possession by Mar 2028 · Blissful Towers LLP
Roayal Paradise - Phase II
declared completion Dec 2021 · Bhavani Associates

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