MahaRERA Property Intelligence · Thane

SADRI PLAZA

P51700047788 · NEBHIWANDI TALKIES · promoter Shubh Enterprises

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP51700047788
Registered on28 Nov 2022
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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.

Sales & Inventory

Of 55 homes filed with MahaRERA, 16 are sold/booked (6 with registered agreements + 10 booked) and 39 remain available (~29% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.19 Cr in agreement value so far. Of that, ₹1.52 Cr (~69%) is already collected, ₹67.54 Lakh 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 16 registered agreements, the effective carpet rate is ₹5,931/sqft (typical range ₹4,499–₹8,206) — 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
BasementBASEMENT 01428 sqft (39.78 sqm)₹26.55 Lakh
BasementBASEMENT 02360 sqft (33.46 sqm)₹22.33 Lakh
BasementBASEMENT 03415 sqft (38.57 sqm)₹25.74 Lakh
Floor 1OFFICE NO 7145 sqft (13.48 sqm)₹8.23 Lakh
Floor 1OFFICE NO 8130 sqft (12.08 sqm)₹7.38 Lakh
Floor 1OFFICE NO 972 sqft (6.69 sqm)₹4.09 Lakh
Floor 2FLAT NO 201210 sqft (19.52 sqm)₹10.33 Lakh
Floor 2FLAT NO 202210 sqft (19.52 sqm)₹10.33 Lakh
Floor 2FLAT NO 203206 sqft (19.14 sqm)₹10.14 Lakh
Floor 2FLAT NO 204187 sqft (17.38 sqm)₹9.20 Lakh
Floor 2FLAT NO 205338 sqft (31.41 sqm)₹16.63 Lakh
Floor 2FLAT NO 206344 sqft (31.97 sqm)₹16.93 Lakh
Floor 2FLAT NO 207325 sqft (30.2 sqm)₹15.99 Lakh
Floor 3FLAT NO 301210 sqft (19.52 sqm)₹10.33 Lakh
Floor 3FLAT NO 302210 sqft (19.52 sqm)₹10.33 Lakh
Floor 3FLAT NO 303206 sqft (19.14 sqm)₹10.14 Lakh
Floor 3FLAT NO 306344 sqft (31.97 sqm)₹16.93 Lakh
Floor 3FLAT NO 307325 sqft (30.2 sqm)₹15.99 Lakh
Floor 4FLAT NO 402210 sqft (19.52 sqm)₹10.33 Lakh
Floor 4FLAT NO 403206 sqft (19.14 sqm)₹10.14 Lakh
Floor 4FLAT NO 404187 sqft (17.38 sqm)₹9.20 Lakh
Floor 4FLAT NO 406344 sqft (31.97 sqm)₹16.93 Lakh
Floor 4FLAT NO 407325 sqft (30.2 sqm)₹15.99 Lakh
Floor 5FLAT NO 501210 sqft (19.52 sqm)₹10.33 Lakh
Floor 5FLAT NO 502210 sqft (19.52 sqm)₹10.33 Lakh
Floor 5FLAT NO 503206 sqft (19.14 sqm)₹10.14 Lakh
Floor 5FLAT NO 504187 sqft (17.38 sqm)₹9.20 Lakh
Floor 5FLAT NO 505338 sqft (31.41 sqm)₹16.63 Lakh
Floor 5FLAT NO 506344 sqft (31.97 sqm)₹16.93 Lakh
Floor 5FLAT NO 507325 sqft (30.2 sqm)₹15.99 Lakh
Floor 6FLAT NO 601338 sqft (31.41 sqm)₹16.63 Lakh
Floor 6FLAT NO 602312 sqft (29 sqm)₹15.35 Lakh
Floor 6FLAT NO 603325 sqft (30.2 sqm)₹15.99 Lakh
Ground/Floor 0SHOP NO 0590 sqft (8.36 sqm)₹5.58 Lakh
Ground/Floor 0SHOP NO 0690 sqft (8.36 sqm)₹5.58 Lakh
Upper GroundFLAT NO 001210 sqft (19.52 sqm)₹10.33 Lakh
Upper GroundFLAT NO 101210 sqft (19.52 sqm)₹10.33 Lakh
Upper GroundFLAT NO 102210 sqft (19.52 sqm)₹10.33 Lakh
Upper GroundFLAT NO 103206 sqft (19.14 sqm)₹10.14 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+7 and 55 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SADRI PLAZA1G+75531 Dec 2025

Unit mix on the filing: 37 residential and 18 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 NEBHIWANDI TALKIES, BRAHMAN ALLEY, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by 18 M DP ROAD, to the south by EXISTING BUILDING, to the east by EXISTING BUILDING and to the west by EXISTING 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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Builder track record

Shubh Enterprises is the promoter on 8 MahaRERA-registered projects, of which 1 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 Shubh Enterprises project & its RERA track record →

Other flagged projects by Shubh Enterprises

Shubh Enterprises
Past its declared completion dateRaigarh

Other RERA-registered projects in Bhiwandi

Neelkanth Sadan
possession by Jul 2026 · Shreeji Enterprises
Hill Spring
possession by Aug 2026 · Asha Infratech
Nazir Heights
possession by Sep 2026 · A M Constructions
Rose Residency
possession by Sep 2026 · Kunal Ramesh Karaniya
Saniya Heights
possession by Sep 2026 · Moonshine Realtors PVT LTD
Upper Thane-Casa Eden
possession by Sep 2026 · Lodha Developers Limited

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Safa Complex
possession by Dec 2027 · Safa Enterprises
Safa Marwah
possession by Dec 2029 · Safa Marwah Coop Hosuing Society Limited
Saffron Enclaves
declared completion Mar 2021 · Green Avenue Constructions
Saffron Hills
declared completion Dec 2020 · Alpha Combines
Saffron Hills L- Wing
declared completion Sep 2023 · Alpha Combines
Sagar Accord
declared completion Dec 2021 · M/ S. S A Realty

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