MahaRERA Property Intelligence · Thane

Shree Prasad CHSL

P51700055985 · Naupada · promoter Lcon Infra Llp

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51700055985
Registered on02 May 2024
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, Lcon Infra Llp is the promoter of record on 115 projects, of which 7 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 ~60.2% of the estimated project cost incurred as of the last certificate (₹5.00 Cr spent against a ₹8.30 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 ~60.2% — 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 11 homes filed with MahaRERA, 6 are sold/booked (2 with registered agreements + 4 booked) and 5 remain available (~55% sold) — selling steadily. Buyers have committed ₹6.89 Cr in agreement value so far. Of that, ₹2.53 Cr (~37%) is already collected, ₹4.36 Cr receivable — a read on how far along these sales really are. Note: the project registers 26 homes in total, but this sold/unsold inventory filing covers only 11 of them — the other 15 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 6 registered agreements, the effective carpet rate is ₹21,348/sqft (typical range ₹12,694–₹23,241) — 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 1102674 sqft (62.59 sqm)₹79.68 Lakh
Floor 5504535 sqft (49.72 sqm)₹60.73 Lakh
Floor 6603715 sqft (66.46 sqm)₹80.19 Lakh
Floor 7703725 sqft (67.37 sqm)₹81.26 Lakh
Floor 8803725 sqft (67.38 sqm)₹81.26 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+8 and 26 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shree Prasad CHSL1G+826-

Unit mix on the filing: 26 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.

Location, Land & Connectivity

Located at Naupada, Sane Guruji Road, Thane, Thane, 400602. Per the filed land record, the plot is bounded to the north by Road of Bramhin Society9 mtr, to the south by City Survey No 749B and building, to the east by Municipal 50 road 12 mtr as per development plan and to the west by City survey No 757 Property now belonging to Mr Ve. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park11 km
Andheri MIDC / SEEPZ13 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district26 km
Nariman Point / Fort33 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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Other RERA-registered projects in Naupada

Veer Galaxy
possession by Jul 2026 · Yash Infra
Ashtavinayak Residency
possession by Sep 2026 · Ashvattha Realty LLP
Shree Krupa CO OP Housing Society
possession by Sep 2026 · Sharda Vastu Nirmitee Pvt. Ltd.
Ashirwad Co-Operative Housing Society Ltd
possession by Oct 2026 · Padmanabh Developers
Platinum Square
possession by Oct 2026 · Ratnamani Buildcon
Om Yashodhan Chsl
possession by Nov 2026 · Silver Stone Realty

Major developers building in Naupada

Other RERA-registered projects in Thane

Shree Prasanna Chsl
possession by Dec 2030 · Shree Infra
Shree Prast
declared completion Feb 2023 · M/S Shree Prast
Shree Pratima
possession by Dec 2027 · Rjpv & Sons
Shree RAJ
declared completion Apr 2019 · Rajententerprises
Shree RAM CO Operative Housing Society Limited
declared completion Mar 2025 · Santosh Vasant Chitnis
Shree Ram Enclave
possession by Dec 2027 · Shree Ram Buildcon

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