SHREY SWAPNA

Delivery & Registration

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.

• Filing progress reports — 1 quarterly progress report on record since registration, with no current default.

Construction Progress

MahaRERA's cost filing puts construction at ~9.4% of the estimated project cost incurred as of the last certificate (₹37.85 Lakh spent against a ₹4.02 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 22 homes filed with MahaRERA, 0 are sold/booked and 22 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 41 homes in total, but this sold/unsold inventory filing covers only 22 of them — the other 19 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:

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+7 and 41 homes are registered across the project.

Unit mix on the filing: 35 residential and 6 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 SWAPNANAGARI, BELAVALI, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by SURVEY NO 80 HISSA NO 7, to the south by SURVEY NO 80 HISSA NO 3, to the east by SURVEY NO 80 HISSA NO 2 and to the west by PIPE LINE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~34 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Builder track record

Shree SAI Builders AND Developers is the promoter on 6 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:

• SAI Plaza — Past its declared completion date

See every Shree SAI Builders AND Developers project & its RERA track record →

Other flagged projects by Shree SAI Builders AND Developers

Other RERA-registered projects in Badlapur

Major developers building in Badlapur

Other RERA-registered projects in Thane

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.