MahaRERA Property Intelligence · Thane

SHREE SADGURU SHARANAM

PM1330002502395 · OPPOSITE VITTHAL MANDIR KHAREGAON KALWA WEST · promoter Bhavika Construction

Certificate SignedDue 31 Mar 2029

Delivery & Registration

MahaRERA registrationPM1330002502395
Registered on18 Feb 2026
Promoter-declared completion31 Mar 2029
Current statusCertificate Signed
Against today32 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, Bhavika Construction is the promoter of record on 2 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 ~0.0% of the estimated project cost incurred as of the last certificate (₹0 spent against a ₹6.25 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 32 homes filed with MahaRERA, 0 are sold/booked and 32 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 38 homes in total, but this sold/unsold inventory filing covers only 32 of them — the other 6 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.

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 1101418 sqft (38.85 sqm)₹26.18 Lakh
Floor 1103482 sqft (44.76 sqm)₹30.17 Lakh
Floor 1104346 sqft (32.13 sqm)₹21.66 Lakh
Floor 1105332 sqft (30.87 sqm)₹20.81 Lakh
Floor 2201418 sqft (38.85 sqm)₹26.18 Lakh
Floor 2203482 sqft (44.76 sqm)₹30.17 Lakh
Floor 2204346 sqft (32.13 sqm)₹21.66 Lakh
Floor 2205332 sqft (30.87 sqm)₹20.81 Lakh
Floor 3301418 sqft (38.85 sqm)₹26.18 Lakh
Floor 3303482 sqft (44.76 sqm)₹30.17 Lakh
Floor 3304346 sqft (32.13 sqm)₹21.66 Lakh
Floor 3305332 sqft (30.87 sqm)₹20.81 Lakh
Floor 4401418 sqft (38.85 sqm)₹26.18 Lakh
Floor 4403482 sqft (44.76 sqm)₹30.17 Lakh
Floor 4404346 sqft (32.13 sqm)₹21.66 Lakh
Floor 4405332 sqft (30.87 sqm)₹20.81 Lakh
Floor 5501418 sqft (38.85 sqm)₹26.18 Lakh
Floor 5503482 sqft (44.76 sqm)₹30.17 Lakh
Floor 5504346 sqft (32.13 sqm)₹21.66 Lakh
Floor 5505332 sqft (30.87 sqm)₹20.81 Lakh
Floor 6601418 sqft (38.85 sqm)₹26.18 Lakh
Floor 6603482 sqft (44.76 sqm)₹30.17 Lakh
Floor 6604346 sqft (32.13 sqm)₹21.66 Lakh
Floor 6605332 sqft (30.87 sqm)₹20.81 Lakh
Ground/Floor 0SHOP-1257 sqft (23.85 sqm)₹20.11 Lakh
Ground/Floor 0SHOP-2181 sqft (16.77 sqm)₹14.14 Lakh
Ground/Floor 0SHOP-3139 sqft (12.91 sqm)₹10.88 Lakh
Ground/Floor 0SHOP-4116 sqft (10.76 sqm)₹9.07 Lakh
Ground/Floor 0SHOP-5122 sqft (11.34 sqm)₹9.56 Lakh
Ground/Floor 0SHOP-6104 sqft (9.66 sqm)₹8.14 Lakh
Ground/Floor 0SHOP-773 sqft (6.82 sqm)₹5.75 Lakh
Ground/Floor 0SHOP-8125 sqft (11.57 sqm)₹9.75 Lakh

⚠ The inventory filing also declares: 6 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+6 and 38 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING A(MIXED)1G+638-

Unit mix on the filing: 30 residential and 8 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.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
District And Sessions Court Thane295/20232023Ongoing

Location, Land & Connectivity

Located at OPPOSITE VITTHAL MANDIR KHAREGAON KALWA WEST , PARSIK ROAD, Thane, Thane, 400605. Per the filed land record, the plot is bounded to the north by PROPERTY OF VISHNU JANU BHOIR, to the south by PROPERTY OF DHARMAJI CHANGO PATIL, to the east by PROPERTY OF M/S CHEMO FIRM and to the west by PROPERTY OF ATMARAM MARUTI MHATRE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park14 km
Andheri MIDC / SEEPZ16 km
Chhatrapati Shivaji Int'l Airport19 km
Bandra Kurla Complex (BKC)21 km
Lower Parel / Worli business district29 km
Nariman Point / Fort36 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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Nandanvan Homes-Building B
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Major developers building in Kalwa

Other RERA-registered projects in Thane

Shree Sahawas Chsl
possession by Oct 2027 · Shree Krupa Builders AND Developers
Shree Sai Aangan
declared completion Jun 2026 · Mahesh Enterprises
Shree SAI Arnav
declared completion Jun 2024 · Gyandev Infra
Shree SAI Ashirwad
declared completion Feb 2025 · Shree SAI Ashirwad Enterprises
Shree SAI Charan Chsl
possession by May 2029 · Mandar Constructions AND Developers LLP
Shree SAI Chaya Arcade
declared completion Jun 2022 · Amardeep Anant Khandekar

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