MahaRERA Property Intelligence · Thane

SHIV SAI AWAS

P51700031081 · BHADWAD BHIWANDI · promoter Vidisha Constructions

Certificate SignedDue 20 Dec 2026

Delivery & Registration

MahaRERA registrationP51700031081
Registered on05 Oct 2021
Promoter-declared completion20 Dec 2026
Current statusCertificate Signed
Against today5 months to 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, Vidisha Constructions is the promoter of record on 6 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.

Construction Progress

MahaRERA's cost filing puts construction at ~83.1% of the estimated project cost incurred as of the last certificate (₹32.70 Cr spent against a ₹39.35 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.

Sales & Inventory

Of 316 homes filed with MahaRERA, 298 are sold/booked (257 with registered agreements + 41 booked) and 18 remain available (~94% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹54.01 Cr in agreement value so far. Of that, ₹42.39 Cr (~78%) is already collected, ₹11.62 Cr 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 298 registered agreements, the effective carpet rate is ₹4,231/sqft (typical range ₹4,229–₹6,747) — 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
Floor 1104403 sqft (37.41 sqm)₹25.00 Lakh
Floor 101007323 sqft (29.99 sqm)₹21.00 Lakh
Floor 101008323 sqft (29.99 sqm)₹21.00 Lakh
Floor 111107323 sqft (29.99 sqm)₹21.00 Lakh
Floor 141405452 sqft (42 sqm)₹29.50 Lakh
Floor 2203403 sqft (37.41 sqm)₹25.00 Lakh
Floor 3301403 sqft (37.41 sqm)₹25.00 Lakh
Floor 3303403 sqft (37.41 sqm)₹21.00 Lakh
Floor 3304403 sqft (37.41 sqm)₹21.00 Lakh
Floor 5507323 sqft (29.99 sqm)₹21.00 Lakh
Floor 5508323 sqft (29.99 sqm)₹21.00 Lakh
Floor 5509323 sqft (29.99 sqm)₹21.00 Lakh
Floor 5510323 sqft (29.99 sqm)₹21.00 Lakh
Floor 5511323 sqft (29.99 sqm)₹21.00 Lakh
Floor 7707323 sqft (29.99 sqm)₹21.00 Lakh
Floor 7708323 sqft (29.99 sqm)₹21.00 Lakh
Floor 7709323 sqft (29.99 sqm)₹21.00 Lakh
Floor 9910323 sqft (29.99 sqm)₹21.00 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+15 and 316 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHIV SAI AWAS BUILDING A1G+15166-
SHIV SAI AWAS BUILDING B1G+15150-

Unit mix on the filing: 316 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 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 Mar 202420 Mar 2025DUE TO SHORTAGE OF LABOUR, INCREAE IN COST OF CONSTRUCTION MATERIAL, SLOW SALES WE NEED EXTENSION TILL 20 MARCH 2025
31 Mar 202420 Mar 2026Due to slow booking of Flats at our project, Shortage of Labour/Manpower and lncrease rate of materials.
31 Mar 202420 Dec 2026FULL OCCUPATION CERTIFICATE IS RECEIVED AS ON DATED 09 APRIL 2026, CERTIFICATE NO. EE/BP/PMAY/A/MHADA/E-8776265/2026 FROM MHADA.

Location, Land & Connectivity

Located at BHADWAD BHIWANDI, BHADWAD SONALE ROAD, Bhiwandi, Thane, 421305. Per the filed land record, the plot is bounded to the north by SNO 5 1 PART, to the south by S NO 5 1 PART, to the east by S NO 4A 71A AND 9MTR ROAD and to the west by S NO 5 1 PART. 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

Vidisha Constructions is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Vidisha Constructions

Vidisha Constructions
FlaggedThane

Other RERA-registered projects in Bhiwandi

Shambhu Shankar Residency
possession by Dec 2026 · Vidisha Constructions
Shivam Residency Phase II
possession by Dec 2026 · Shivam Developers
Vighnaharta Apartment
possession by Jan 2027 · Vinayak Infrabuild
Varhaala Heights
possession by Mar 2028 · Sarvashiva Enterprises
SKY City
possession by Jun 2028 · Sunrise Realtors
Classic Plaza
possession by Dec 2028 · NEW Classic Construction

Other RERA-registered projects in Thane

Shiv SAI Darshan
declared completion Dec 2021 · SAI Balaji Developers
Shiv SAI Krupa CHS LTD
declared completion Jun 2024 · P G Builders & Developers
Shiv SAI Residency
declared completion Dec 2023 · Shiv SAI Builders AND Developers
Shiv SAI Residency
declared completion Oct 2022 · Shree Gurukrupa Construction
Shiv SAI Residency
declared completion Oct 2025 · SAI Deep Developers
Shiv Samarth
declared completion Sep 2020 · Shiv Corporation

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