MahaRERA Property Intelligence · Thane

Shree Apartment

P51700079360 · Murbad · promoter Deepak Shivaji Hindurao

Certificate SignedDue 16 Apr 2026

Delivery & Registration

MahaRERA registrationP51700079360
Registered on28 Feb 2025
Promoter-declared completion16 Apr 2026
Current statusCertificate Signed
Against todayabout 3 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.

Builder Track Record

Across MahaRERA, Deepak Shivaji Hindurao is the promoter of record on 5 projects, of which 2 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 ~45.9% of the estimated project cost incurred as of the last certificate (₹55.12 Lakh spent against a ₹1.20 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. The declared completion date has already passed while the cost-incurred filing sits at ~45.9% — a wide gap between the promise and the money actually spent on site.

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 10 homes filed with MahaRERA, 9 are sold/booked and 1 remain available (~90% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹90.91 Lakh in agreement value so far. Of that, ₹78.11 Lakh (~86%) is already collected, ₹12.80 Lakh receivable — a read on how far along these sales really are. Note: the project registers 17 homes in total, but this sold/unsold inventory filing covers only 10 of them — the other 7 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 9 registered agreements, the effective carpet rate is ₹3,453/sqft (typical range ₹3,311–₹5,001) — 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 2201358 sqft (33.28 sqm)₹11.68 Lakh

⚠ The inventory filing also declares: 7 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+4 and 17 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shree Apartment1G+417-

Unit mix on the filing: 12 residential and 5 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 Murbad, At. Sasne, Murbad, Thane, 421401. Per the filed land record, the plot is bounded to the north by Internal road, to the south by Plot no 22, to the east by Main road and to the west by Plot no 19. 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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Other RERA-registered projects in Murbad

Shree Siddhivinayak Park C1,c2,c3
Not filing quarterly progress reports · possession by Dec 2026 · Satyashiv Developers
Madhusudan Retreat Terraces
possession by Dec 2026 · Madhusudan Leisure Homes
OM Shree SAI Villa
possession by Dec 2026 · Not Available
SAI Krishna Heights
possession by Dec 2026 · OM SAI Developers
SAI Krupa Apartment
possession by Dec 2026 · Bhimraj Ganpat More
Sarosh Complex
possession by Dec 2026 · Sarosh Imran Kohari

Other RERA-registered projects in Thane

Shree Apartmetn
declared completion Jun 2022 · Adik Jayaram Mhatre
Shree Ashtavinayak Vastu Prakalpa
declared completion Nov 2019 · Balkrishna Kashinath Bhoir
Shree Astaganesh CHS
possession by Dec 2026 · Shree Laxmi Realty
Shree Asthavinayak Complex Building No.1
possession by Jun 2028 · Vastu Recon
Shree Atharv
declared completion Dec 2025 · Atharv Enterprises
Shree Ayyappa CO-Operative Housing Society Limited
possession by Sep 2026 · G. K. 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: 27 Jul 2026