MahaRERA Property Intelligence · Thane

ROYALE SHAGUN E

P51700016494 · valshet village · promoter Valshet Corporation

Certificate SignedDue 30 Dec 2023

Delivery & Registration

MahaRERA registrationP51700016494
Registered on18 May 2018
Promoter-declared completion30 Dec 2023
Current statusCertificate Signed
Against todayabout 31 months past 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, Valshet Corporation is the promoter of record on 3 projects, of which 3 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.

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+5.

BuildingWingsFloorsDeclared completion
ROYALE SHAGUN E1G+531 Dec 2022

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 valshet village, valshet pashane road, Shahapur, Thane, 421601. Per the filed land record, the plot is bounded to the north by 47, to the south by 45, to the east by 46-4 and to the west by 86. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~58 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 park58 km
Andheri MIDC / SEEPZ60 km
Chhatrapati Shivaji Int'l Airport63 km
Bandra Kurla Complex (BKC)65 km
Lower Parel / Worli business district73 km
Nariman Point / Fort79 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 →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Builder track record

Valshet Corporation is the promoter on 3 MahaRERA-registered projects, of which 3 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Valshet Corporation project & its RERA track record →

Other flagged projects by Valshet Corporation

Valshet Corporation
Deregistered by MahaRERAThane
Valshet Corporation
Past its declared completion dateThane

Other RERA-registered projects in Shahapur

Vaishnavi Dham Complex
possession by Jul 2026 · Vaishnavi Builders AND Developers
UMA Residency, Phase I
possession by Aug 2026 · Adarsh Infra Developers
Awasare Heights
possession by Sep 2026 · Rajkumar Tuljaram Aswani
Krishna Crown
possession by Oct 2026 · Shree Krishna Reality
SAI Palace
possession by Oct 2026 · Vardhaman Developers
Sava Arcade
possession by Oct 2026 · Sava Developers

Major developers building in Shahapur

Other RERA-registered projects in Thane

Royce Paradise Phase II
declared completion Dec 2025 · Royce Developers
RTG Shiv Srishti
possession by Dec 2028 · RTG Infrastructure And Realtors Limited
Ruba
declared completion Sep 2020 · Shreyas Enterprises
Rubayna Residency Phase 2
declared completion Dec 2025 · Sudhir Damodar Ghatnekar
Ruby Roof Makers
declared completion May 2022 · Ruby Roof Makers
Rubyana Residency Phase 1
declared completion Jun 2018 · Sudhir Damodar Ghatnekar

What to verify (inactive registration)

  1. Download the MahaRERA order stating the reason for deregistration or suspension — this is public on the portal.
  2. Check whether the developer has filed a challenge in the Appellate Tribunal and whether the order is stayed.
  3. Do not make any further payments until the registration status is restored or you obtain legal advice.
  4. Contact MahaRERA's helpdesk for guidance on alternative arrangements or pending dues.

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