Mumbai/Project record

MahaRERA · the public record

Saras Devam

Village Ulwe · Devam Lifespaces

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

30units filed as unsoldInventory · 16 September 2026
30 Jun 2028declared completionMahaRERA registration · read 02 Jul 2026
60registered unitsMahaRERA registration · read 02 Jul 2026

The record · free to read

Registration read 02 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Jun 2028

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 02 Jul 2026

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The source record

The details behind the headline.

MahaRERA · PM1270002502295

Delivery and registration

When is the project declared for completion?

Saras Devam is registered with MahaRERA as PM1270002502295 and the promoter has declared completion for 30 Jun 2028.

30 Jun 2028

declared completion

21months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 02 Jul 2026

MahaRERA registrationPM1270002502295
Registered on09 Feb 2026
Promoter-declared completion30 Jun 2028
Current statusCertificate Signed
Against today21 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Saras Devam record 1 quarterly progress report since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 02 Jul 2026

  • Filing progress reports — 1 quarterly progress report on record since registration, with no current default.

Construction

How much construction cost has been reported?

In Saras Devam, ₹3.14 Cr of a declared ₹10.62 Cr estimated project cost is reported as incurred, about 29.6%, as at the last certified filing with MahaRERA.

29.6%

₹3.14 Cr

of ₹10.62 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 02 Jul 2026

Sales

How much has actually been sold?

In Saras Devam, 17 of 60 homes filed with MahaRERA are recorded as sold or booked (1 with registered agreements and 16 booked), about 28%, and 43 remain available.

28%sold

17 of 60 homes

₹6.49 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹1.31 Cr (about 20%) is recorded as collected and ₹5.18 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 02 Jul 2026

What buyers actually paid: across 17 registered agreements, the effective carpet rate is ₹13,206/sqft, with eight in ten falling between ₹11,628 and ₹15,660 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 16 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 30 homes carry one, and 30 of the 60 are recorded unsold. Since we started watching this ledger, 20 homes have moved out of the unsold list, most recently on 07 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
Flat no 104319 sqftRs 37.61 lakh typical, over Rs 32.00 lakh to Rs 45.74 lakh17 filed on this stack, floors 1–7

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Saras Devam, 25 of the 30 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 29 homes — ₹2,999 →

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 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
11G+760-

Unit mix on the filing: 56 residential and 4 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Village Ulwe, Plot no 201, Sector 19, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by Plot No 197 & 203, to the south by 11 mtrs wide road, to the east by Plot no 199 & 200 and to the west by Plot no 202. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~20 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Bandra Kurla Complex (BKC)20 km
Powai / Hiranandani business park21 km
Lower Parel / Worli business district21 km
Chhatrapati Shivaji Int'l Airport22 km
Nariman Point / Fort22 km
Andheri MIDC / SEEPZ25 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.

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Major developers building in Panvel

Other RERA-registered projects in Raigarh

Saras Emerald
possession by May 2027 · Arya Realty
Saras Nest
declared completion Sep 2024 · Saras Group
Saras Vatika
possession by Dec 2028 · KT & LK Sweet Homes
Saraswati
declared completion Dec 2022 · Shree Mahalaxmi Developers
Saraswati
possession by Dec 2028 · Merino Builders PVT LTD
Sarayu
declared completion Dec 2023 · Morajkar Estates LLP

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: 20 Sep 2026