MahaRERA Property Intelligence · Thane

SHUBHAM GARDEN

P51700012672 · promoter Shubham Drashti Enterprises

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700012672
Registered on07 Sep 2017
Promoter-declared completion31 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.

Builder Track Record

Across MahaRERA, Shubham Drashti Enterprises is the promoter of record on 72 projects, of which 13 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 ~70.2% of the estimated project cost incurred as of the last certificate (₹16.75 Cr spent against a ₹23.86 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 58 homes filed with MahaRERA, 23 are sold/booked and 35 remain available (~40% sold) — selling steadily. Buyers have committed ₹9.47 Cr in agreement value so far. Of that, ₹9.05 Cr (~96%) is already collected, ₹42.21 Lakh receivable — a read on how far along these sales really are. Note: the project registers 64 homes in total, but this sold/unsold inventory filing covers only 58 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.

What buyers actually paid: across 23 registered agreements, the effective carpet rate is ₹7,845/sqft (typical range ₹4,794–₹11,170) — 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 1101423 sqft (39.32 sqm)₹18.99 Lakh
Floor 1102573 sqft (53.23 sqm)₹25.71 Lakh
Floor 1103573 sqft (53.23 sqm)₹25.71 Lakh
Floor 1104482 sqft (44.75 sqm)₹21.61 Lakh
Floor 101003471 sqft (43.74 sqm)₹21.13 Lakh
Floor 111101645 sqft (59.95 sqm)₹28.96 Lakh
Floor 121201423 sqft (39.32 sqm)₹18.99 Lakh
Floor 121201645 sqft (59.95 sqm)₹28.96 Lakh
Floor 121202573 sqft (53.23 sqm)₹25.71 Lakh
Floor 121203573 sqft (53.23 sqm)₹25.71 Lakh
Floor 121204482 sqft (44.75 sqm)₹21.61 Lakh
Floor 2201645 sqft (59.95 sqm)₹28.99 Lakh
Floor 2202573 sqft (53.23 sqm)₹25.71 Lakh
Floor 2203573 sqft (53.23 sqm)₹25.71 Lakh
Floor 3301423 sqft (39.32 sqm)₹18.99 Lakh
Floor 3304482 sqft (44.75 sqm)₹21.61 Lakh
Floor 3305638 sqft (59.28 sqm)₹28.63 Lakh
Floor 4401423 sqft (39.32 sqm)₹18.99 Lakh
Floor 4402573 sqft (53.23 sqm)₹25.71 Lakh
Floor 4403573 sqft (53.23 sqm)₹25.71 Lakh
Floor 5501645 sqft (59.95 sqm)₹28.96 Lakh
Floor 5502573 sqft (53.23 sqm)₹25.71 Lakh
Floor 5504482 sqft (44.75 sqm)₹21.61 Lakh
Floor 6601645 sqft (59.95 sqm)₹28.96 Lakh
Floor 6604482 sqft (44.75 sqm)₹21.61 Lakh
Floor 7701645 sqft (59.95 sqm)₹28.96 Lakh
Floor 7704482 sqft (44.75 sqm)₹21.61 Lakh
Floor 8805638 sqft (59.28 sqm)₹28.63 Lakh
Floor 9901645 sqft (59.95 sqm)₹28.96 Lakh
Floor 9902573 sqft (53.23 sqm)₹25.71 Lakh
Floor 9903471 sqft (43.74 sqm)₹21.13 Lakh
Ground/Floor 0SHOP 02206 sqft (19.18 sqm)₹9.26 Lakh
Ground/Floor 0SHOP 03216 sqft (20.11 sqm)₹9.71 Lakh
Ground/Floor 0SHOP 04292 sqft (27.13 sqm)₹13.10 Lakh
Ground/Floor 0SHOP 06216 sqft (20.11 sqm)₹9.71 Lakh

⚠ The inventory filing also declares: 6 owner/investor-held. 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+12 and 64 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHUBHAM GARDEN BLDG NO 11G+1243-
SHUBHAM GARDEN BLDG NO 21G+1221-

Unit mix on the filing: 56 residential and 8 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250201620/06/2025Godric George Thorne vs SHUBHAM DRASHTI ENTERPRISESpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 times. 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 Dec 202430 Apr 2023Due to Covid Pandemic and Recession in Real Estate World their is Slow down in construction of project and therefore we required one year extension as to complete all the complianc
31 Dec 202431 Dec 2024Extension of project is applied as we received revised CC . Revised CC along with plan is updated on Rera portal
30 Apr 202231 Dec 2026To, The MahaRERA Authority, Maharashtra Real Estate Regulatory Authority, Mumbai. Subject: Request for Extension of Project Registration for “SHUBHAM GARDEN” (RERA No. P5170001

Location, Land & Connectivity

Located at ., Thane, Thane, 401101. Per the filed land record, the plot is bounded to the north by SNO 170 HNO 2, to the south by D P ROAD, to the east by SNO 170 HNO 18 and to the west by SNO 168 HNO 8. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ17 km
Powai / Hiranandani business park19 km
Chhatrapati Shivaji Int'l Airport21 km
Bandra Kurla Complex (BKC)24 km
Lower Parel / Worli business district32 km
Nariman Point / Fort40 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 Thane

Shubham Height
declared completion Dec 2023 · Gauri Vinayak Builder And Developers Pvt
Shubham Heights
declared completion Dec 2022 · Shyamsunder Radhyshyam Agrawal
Shubham Heights
declared completion Dec 2024 · Shubham Builders AND Developers
Shubham Krupa
declared completion Jul 2025 · Shree Samarth Developers
Shubham Monolith
declared completion May 2024 · Gauri Vinayak Builder And Developers Pvt
Shubham Monolith D Wing
possession by Dec 2026 · Gauri Vinayak Builder And Developers Pvt

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