MahaRERA Property Intelligence · Thane

SHREE GAJANAN FORTUNE CITY

P51700013810 · KALYAN · promoter Arun Balu Patil

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP51700013810
Registered on25 Oct 2017
Promoter-declared completion30 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.

Construction Progress

MahaRERA's cost filing puts construction at ~75.6% of the estimated project cost incurred as of the last certificate (₹38.73 Cr spent against a ₹51.26 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 322 homes filed with MahaRERA, 228 are sold/booked and 94 remain available (~71% sold) — selling steadily. Buyers have committed ₹45.98 Cr in agreement value so far. Of that, ₹44.01 Cr (~96%) is already collected, ₹1.96 Cr receivable — a read on how far along these sales really are. Note: the project registers 447 homes in total, but this sold/unsold inventory filing covers only 322 of them — the other 125 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 228 registered agreements, the effective carpet rate is ₹5,220/sqft (typical range ₹3,935–₹6,732) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 125 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+7 and 447 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING A1G+440-
BUILDING B1G+459-
BUILDING C1G+459-
BUILDING D1G+440-
BUILDING E1G+466-
BUILDING F1G+464-
BUILDING G1G+453-
BUILDING E11G+766-

Unit mix on the filing: 417 residential and 30 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
30 Dec 202430 Dec 2026.

Location, Land & Connectivity

Located at KALYAN, KALYAN, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by GUT REMAINING PART OF 65 AND 1 AND VILLAGE RD N 17, to the south by VILLAGE NADGAON SHIV, to the east by GUT REMAINING PART OF 65 AND GAVTHAN and to the west by GUT 64. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~41 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 park41 km
Andheri MIDC / SEEPZ44 km
Chhatrapati Shivaji Int'l Airport46 km
Bandra Kurla Complex (BKC)48 km
Lower Parel / Worli business district56 km
Nariman Point / Fort62 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.

🔒 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

Arun Balu Patil is the promoter on 4 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:

Other flagged projects by Arun Balu Patil

Arun Balu Patil
Past its declared completion dateThane

Other RERA-registered projects in Kalyan

Tharwani Solitaire Phase IV
possession by Jul 2026 · Anil Hardasmal Tharwani
Kailash Gardens
possession by Jul 2026 · Shree Laxmi Enterprises
Mangeshi Ambar
possession by Jul 2026 · Mangesh Dashrath Gaikar
Mangeshi Tulip
possession by Jul 2026 · Mangesh Dashrath Gaikar
Anand 21 Uptown
possession by Aug 2026 · VPA Developers
Pawan Atharva Phase I
possession by Aug 2026 · Pawan Real Estate

Major developers building in Kalyan

Other RERA-registered projects in Thane

Shree Gajanan Heights
possession by Dec 2026 · R K Construction
Shree Gajanan Plaza
declared completion Jun 2025 · Shree Ganadhish Infrastructure
Shree Galaxy Heights
declared completion Jun 2023 · V3 Reality
Shree Galaxy Heights Wing A
possession by Dec 2028 · V3 Reality
Shree Ganesh Alliaance
possession by Dec 2027 · Santosh Devkar And Shree Ganesh Enterpri
Shree Ganesh Apartment
declared completion Dec 2021 · JAI Ambe Construction

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