Mumbai/Project record

MahaRERA · the public record

Shantaram Park Residency

Wafe · Shubha Developers

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49units filed as unsoldInventory · 13 September 2026
07 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
154registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 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

07 Dec 2026

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

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700009534

Delivery and registration

When is the project declared for completion?

Shantaram Park Residency is registered with MahaRERA as P51700009534 and the promoter has declared completion for 07 Dec 2026.

07 Dec 2026

declared completion

3months to go

against the declared date

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

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700009534
Registered on22 Aug 2017
Promoter-declared completion07 Dec 2026
Current statusCertificate Signed
Against today3 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 Shantaram Park Residency record 36 quarterly progress reports 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 12 Jul 2026

  • Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Promoter record

What else is this promoter on record for?

Shubha Developers is the promoter of record on 125 projects registered with MahaRERA, 18 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

125projects

registered with MahaRERA

18flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Shantaram Park Residency, ₹15.75 Cr of a declared ₹16.64 Cr estimated project cost is reported as incurred, about 94.6%, as at the last certified filing with MahaRERA.

94.6%

₹15.75 Cr

of ₹16.64 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 12 Jul 2026

Sales

How much has actually been sold?

In Shantaram Park Residency, 105 of 154 homes filed with MahaRERA are recorded as sold or booked (99 with registered agreements and 6 booked), about 68%, and 49 remain available.

68%sold

105 of 154 homes

₹17.41 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, ₹12.63 Cr (about 73%) is recorded as collected and ₹4.77 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 100 registered agreements, the effective carpet rate is ₹4,993/sqft, with eight in ten falling between ₹4,041 and ₹6,842 — 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 13 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 100 homes carry one, and 49 of the 154 are recorded unsold.

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
505362 sqftRs 5,783 a sq ft typical, over Rs 3,409 to Rs 9,72821 filed at this size

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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Shantaram Park Residency, every one of the 49 unsold homes has agreements filed on its 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 48 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 154 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Type A1G+7105-
Type B1G+549-

Unit mix on the filing: 154 residential.

Legal and disputes

What disputes are disclosed?

7 complaints are on the MahaRERA record for Shantaram Park Residency, with orders passed in 2 of them.

7complaints

2with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000019848709/10/2021SHANTARAM PARK RESIDENCY ALLOTTEEWELFARE ASSOCIATION vs SHUBHA DEVELOPERSorder passed
CC1240060228/10/2024Subhash Gobaru More vs Shubha Developersorder passed
CC1250177830/05/2025shalaka sameer kadam vs Shubha Developerspending / no order on file
CC1250286415/08/2025RAJENDRA MURALIDHAR GANGURDE vs Shubha Developerspending / no order on file
CC1250312004/09/2025Asha Sahebrao Patil vs Shubha Developerspending / no order on file
CC1260052130/01/2026Mukesh Rajbal Tyagi vs Shubha Developerspending / no order on file
CC1260406530/06/2026Amol Komalsingh Thoke vs Shubha Developerspending / no order on file

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 5 times, as recorded on the register.

FromExtended toStated reason
as registered31 Jul 2022Due to COVID-19 pandemic situation thus causing non-availability of labours for site work.
31 Jul 202227 Dec 2023DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 27/12/2023
27 Dec 202327 Dec 2024DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 27/12/2024
27 Dec 202427 Dec 2025Due to shortage of material and labor not able to complete please grant us extension till 27/12/2025
27 Dec 202507 Dec 2026We wish to bring to your kind attention the progress and challenges faced in the timely completion of our real estate project, Shantaram Park Residency, located at Shahpur, Thane.

Location, Land & Connectivity

Located at Wafe, Wafe Road, Thane, Thane, 421601. Per the filed land record, the plot is bounded to the north by SNo 93, to the south by Existing Village Road, to the east by SNo 51 and to the west by SNo 51. These are the boundaries as recorded in the filed land record.

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 Airport64 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.

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Other RERA-registered projects in Shahapur

Awasare Heights
possession by Sep 2026 · Rajkumar Tuljaram Aswani
Krishna Crown
possession by Oct 2026 · Shree Krishna Reality
Sava Arcade
possession by Oct 2026 · Sava Developers
Darshan Ganesh Apartment
possession by Dec 2026 · Tirupati Construction
Chintamani Meadows
possession by Dec 2026 · Jashnani Construction Private Limited
Dreamland Park Building No.1
possession by Dec 2026 · Kulswamini Builders AND Developers

Major developers building in Shahapur

Other RERA-registered projects in Thane

Shantaram Pride
declared completion Jun 2022 · Mauli Krupa Developers
Shanti Galaxy
possession by Jan 2028 · Shree Mahavir Urban Developers LLP
Shanti Garden Sector-5 Bldg -9
declared completion Dec 2019 · RAM Nagar Development Corporation
Shanti Gardens, Sector 5, Bldg. No.8
declared completion Dec 2022 · Ramnagar Development Corporation
Shanti Luxuria
possession by Dec 2026 · RDP Realtores
Shanti ONE
declared completion Dec 2024 · Shantistar Builders

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