MahaRERA Property Intelligence · Thane

SHREE SAI SABURI APARTMENT-BUILDING B

P51700034808 · KONGAON · promoter Shree Saishraddha Enterprises

Certificate SignedDue 30 Mar 2026

Delivery & Registration

MahaRERA registrationP51700034808
Registered on28 Apr 2022
Promoter-declared completion30 Mar 2026
Current statusCertificate Signed
Against todayabout 4 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, Shree Saishraddha Enterprises is the promoter of record on 6 projects, of which 1 carries 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 ~95.4% of the estimated project cost incurred as of the last certificate (₹6.91 Cr spent against a ₹7.24 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 31 homes filed with MahaRERA, 16 are sold/booked and 15 remain available (~52% sold) — selling steadily. Buyers have committed ₹4.06 Cr in agreement value so far. Of that, ₹3.00 Cr (~74%) is already collected, ₹55.66 Lakh receivable — a read on how far along these sales really are. Note: the project registers 44 homes in total, but this sold/unsold inventory filing covers only 31 of them — the other 13 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 16 registered agreements, the effective carpet rate is ₹6,147/sqft (typical range ₹4,687–₹9,290) — 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 1102360 sqft (33.46 sqm)₹9.37 Lakh
Floor 1104374 sqft (34.78 sqm)₹9.74 Lakh
Floor 1105403 sqft (37.43 sqm)₹10.48 Lakh
Floor 2201360 sqft (33.46 sqm)₹9.37 Lakh
Floor 2202403 sqft (37.43 sqm)₹10.48 Lakh
Floor 2204374 sqft (34.78 sqm)₹9.74 Lakh
Floor 2205373 sqft (34.68 sqm)₹9.71 Lakh
Floor 2206354 sqft (32.93 sqm)₹9.22 Lakh
Floor 3304374 sqft (34.78 sqm)₹9.74 Lakh
Floor 3305373 sqft (34.68 sqm)₹9.71 Lakh
Floor 3305403 sqft (37.43 sqm)₹10.48 Lakh
Floor 4404374 sqft (34.78 sqm)₹9.74 Lakh
Floor 4405373 sqft (34.68 sqm)₹9.71 Lakh
Floor 4405403 sqft (37.43 sqm)₹10.48 Lakh
Floor 4406354 sqft (32.93 sqm)₹9.22 Lakh

⚠ The inventory filing also declares: 13 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+5 and 44 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+520-
B WING1G+524-

Unit mix on the filing: 44 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 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
31 Mar 202530 Mar 2026Due to Instability of authorized partner’s medical condition the overall project progress was stopped. Construction stopped because of financial issues and Overall industry slowdow

Location, Land & Connectivity

Located at KONGAON, KONGAON, Bhiwandi, Thane, 421311. Per the filed land record, the plot is bounded to the north by S NO 9-1, to the south by S NO 16-2, to the east by S NO 7-3 and to the west by S NO 9-1 AND 15-2. 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

Shree Saishraddha Enterprises 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 Shree Saishraddha Enterprises

Shree Saishraddha Enterprises
FlaggedThane

Other RERA-registered projects in Bhiwandi

Amruta Park
possession by Dec 2026 · Cheroba Homes
Laxman Residency
possession by Dec 2026 · Crystal Krishraj
Namo Maxima
possession by Dec 2026 · Viren Kishor Jain
Shree Laxman Apartment
possession by Dec 2026 · Shri Gajanan Enterprises
Tahoora Complex
Not filing quarterly progress reports · possession by Dec 2026 · Shree Harekrishna Realtor
Atlantic
possession by Mar 2027 · Riddhi Siddhi Enterprises

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Shree Saishraddha Apartment Building A
declared completion Mar 2023 · Shree Saishraddha Enterprises
Shree Saket
declared completion Jul 2022 · Umesh Raosaheb Pawar Patil
Shree Samarth Darshan CO-Operative Housing Society Limited
possession by Jun 2029 · Navkar Engineers
Shree Samarth Heights
declared completion Dec 2019 · SAI Krupa Builders & Developers
Shree Samarth Krupa
declared completion Jun 2023 · Shree Samarth Krupa Devlopers
Shree Samarth Krupa Prasad CO Operative Housing Society Limited
declared completion Jun 2026 · Rajlaxmi Samarth Developers

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