MahaRERA Property Intelligence · Thane
P51700006800 · Gandhare · promoter Royce Developers
| MahaRERA registration | P51700006800 |
| Registered on | 16 Aug 2017 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 months past the declared date |
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.
Across MahaRERA, Royce Developers is the promoter of record on 2 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.
MahaRERA's cost filing puts construction at ~91.1% of the estimated project cost incurred as of the last certificate (₹67.67 Cr spent against a ₹74.30 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.
Of 205 homes filed with MahaRERA, 194 are sold/booked (190 with registered agreements + 4 booked) and 11 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹70.86 Cr in agreement value so far. Of that, ₹68.82 Cr (~97%) is already collected, ₹2.04 Cr receivable — a read on how far along these sales really are. Note: the project registers 250 homes in total, but this sold/unsold inventory filing covers only 205 of them — the other 45 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 194 registered agreements, the effective carpet rate is ₹8,868/sqft (typical range ₹7,513–₹9,923) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | Office-5 | 120 sqft (11.14 sqm) | ₹9.70 Lakh |
| Floor 1 | Office-6 | 158 sqft (14.67 sqm) | ₹12.78 Lakh |
| Floor 11 | 1101 | 495 sqft (46 sqm) | ₹34.87 Lakh |
| Floor 11 | 1103 | 356 sqft (33.08 sqm) | ₹25.07 Lakh |
| Floor 12 | 1201 | 495 sqft (46 sqm) | ₹34.87 Lakh |
| Floor 12 | 1205 | 346 sqft (32.15 sqm) | ₹24.37 Lakh |
| Floor 14 | 1402 | 346 sqft (32.15 sqm) | ₹24.37 Lakh |
| Floor 15 | 1502 | 346 sqft (32.15 sqm) | ₹24.37 Lakh |
| Ground/Floor 0 | Office-11 | 309 sqft (28.7 sqm) | ₹25.00 Lakh |
| Ground/Floor 0 | Office-13 | 218 sqft (20.25 sqm) | ₹17.64 Lakh |
| Ground/Floor 0 | Office-14 | 242 sqft (22.48 sqm) | ₹19.58 Lakh |
⚠ The inventory filing also declares: 45 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+21 and 250 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building No 6 | 1 | G+18 | 115 | 30 Jun 2022 |
| Bulding No 7 | 1 | G+21 | 135 | 30 Jun 2022 |
| Building No 8 | 1 | G+1 | - | 30 Jun 2022 |
Unit mix on the filing: 234 residential and 16 non-residential (shops/offices).
6 complaints are on the MahaRERA record for this project, with orders passed in 6. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000197512 | 07/07/2021 | Mr. Rohit Naresh Kour vs Royce Developers | order passed |
| CC006000000251912 | 15/07/2022 | Krishna Savlaram Joshi vs Royce Developers | order passed |
| CC006000000530719 | 11/08/2024 | Ravindra Rajendra Sakpal vs Sanjay Kankoshe & Geeta Patel | order passed |
| CC006000000591343 | 05/08/2024 | Trupti Sunil Shimpi vs Geeta Rakesh Kumar Patel and Mr Sanjay Shantaram Kankhose | order passed |
| CC006000000591451 | 07/08/2024 | Hitendra Ramdas Gavhale vs Sanjay Kankoshe | order passed |
| CC006000000591529 | 12/08/2024 | Amar Sopan Tonpe vs Sanjay Kankoshe & Geeta Patel | order passed |
The promoter has had the MahaRERA completion deadline formally extended 6 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 |
|---|---|---|
| 31 Dec 2025 | 31 Dec 2020 | Respected Sir / Madam, I, Sanjay Shantaram Kankoshe partner of M/s. Royce Developers, having office at 606, Ashar Millennia, Ghodbunder Road, Kapurbawdi Junction, Thane West - 4 |
| 31 Dec 2025 | 30 Jun 2023 | We hereby apply for extension u/s 7(3) of the registered project bearing vide no. P51700006800 do hereby declare that the date of completion of above mentioned project was 31st Dec |
| 31 Dec 2025 | 31 Dec 2022 | We Request MahaRERA to grant an extension for our project till 31st December 2022. The project is going on and is expected to be completed by December 2022. |
| 31 Dec 2025 | 31 Dec 2021 | THE PROJECT WORK COULD NOT BE COMPLETED ON ACCOUNT OF PANDEMIC COVID AND LOCKDOWN AND ALLIED REASONS. |
| 31 Dec 2025 | 30 Jun 2024 | Dear Sir, We are applying for extension u/s 7(3) for our project, our project has been delayed due to the various factor like Covid 19 , shortage of material during covid, lack |
| 31 Dec 2025 | 31 Dec 2025 | Due to COVID-19, the project is delayed due to interruption in regular flow of work and non-availability of labour on regular basis. |
Located at Gandhare, Gandhare, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by Mahaveer Developers, to the south by Road, to the east by Kalyan Padgha Road and to the west by Rutu Builders. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~29 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 29 km |
| Andheri MIDC / SEEPZ | 32 km |
| Chhatrapati Shivaji Int'l Airport | 35 km |
| Bandra Kurla Complex (BKC) | 36 km |
| Lower Parel / Worli business district | 44 km |
| Nariman Point / Fort | 50 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.
🔒 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.
🔒 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.
Should you buy in Royce Paradise Phase II?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Last checked against the RERA register: 27 Jul 2026