MahaRERA Property Intelligence · Thane

Shubharambh Residency

P51700056055 · Thane · promoter Aarambh Developers

Certificate SignedDue 24 Nov 2027

Delivery & Registration

MahaRERA registrationP51700056055
Registered on10 May 2024
Promoter-declared completion24 Nov 2027
Current statusCertificate Signed
Against today16 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, Aarambh Developers is the promoter of record on 20 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 ~31.2% of the estimated project cost incurred as of the last certificate (₹8.95 Cr spent against a ₹28.67 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 75 homes filed with MahaRERA, 51 are sold/booked (49 with registered agreements + 2 booked) and 24 remain available (~68% sold) — selling steadily. Buyers have committed ₹17.34 Cr in agreement value so far. Of that, ₹8.64 Cr (~50%) is already collected, ₹8.70 Cr receivable — a read on how far along these sales really are. Note: the project registers 138 homes in total, but this sold/unsold inventory filing covers only 75 of them — the other 63 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 51 registered agreements, the effective carpet rate is ₹8,299/sqft (typical range ₹6,828–₹9,190) — 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 1106542 sqft (50.33 sqm)₹16.00 Lakh
Floor 101002368 sqft (34.16 sqm)₹11.41 Lakh
Floor 101005547 sqft (50.78 sqm)₹16.96 Lakh
Floor 101006542 sqft (50.33 sqm)₹16.81 Lakh
Floor 121201381 sqft (35.42 sqm)₹12.11 Lakh
Floor 121203402 sqft (37.37 sqm)₹12.77 Lakh
Floor 141405547 sqft (50.78 sqm)₹17.36 Lakh
Floor 151501381 sqft (35.42 sqm)₹12.11 Lakh
Floor 151502368 sqft (34.16 sqm)₹11.68 Lakh
Floor 151503402 sqft (37.37 sqm)₹12.77 Lakh
Floor 151504402 sqft (37.37 sqm)₹12.77 Lakh
Floor 151505547 sqft (50.78 sqm)₹17.36 Lakh
Floor 151506542 sqft (50.33 sqm)₹17.21 Lakh
Floor 161602368 sqft (34.16 sqm)₹11.68 Lakh
Floor 161604402 sqft (37.37 sqm)₹12.77 Lakh
Floor 161605547 sqft (50.78 sqm)₹17.36 Lakh
Floor 161606542 sqft (50.33 sqm)₹17.21 Lakh
Floor 2205547 sqft (50.78 sqm)₹16.15 Lakh
Floor 6603402 sqft (37.37 sqm)₹12.48 Lakh
Floor 6604402 sqft (37.37 sqm)₹12.48 Lakh
Floor 7703402 sqft (37.37 sqm)₹12.48 Lakh
Floor 7705547 sqft (50.78 sqm)₹16.15 Lakh
Floor 7706542 sqft (50.33 sqm)₹16.00 Lakh
Floor 9905547 sqft (50.78 sqm)₹16.96 Lakh

⚠ The inventory filing also declares: 63 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+16 and 138 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shubharambh Residency Wing A1G+1696-
Shubharambh Residency Wing B1G+742-

Unit mix on the filing: 138 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 Thane , Kalher, Bhiwandi, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by Property of Mr Ravikant S Patil, to the south by Property of Mr Pandharinath Tare, to the east by Property of Mr Ratnakar Tare and to the west by Nala. 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
Powai / Hiranandani business park17 km
Andheri MIDC / SEEPZ19 km
Chhatrapati Shivaji Int'l Airport23 km
Bandra Kurla Complex (BKC)24 km
Lower Parel / Worli business district33 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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Builder track record

Aarambh Developers 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 Aarambh Developers

Other RERA-registered projects in Bhiwandi

Neelkanth Sadan
possession by Jul 2026 · Shreeji Enterprises
Hill Spring
possession by Aug 2026 · Asha Infratech
Nazir Heights
possession by Sep 2026 · A M Constructions
Rose Residency
possession by Sep 2026 · Kunal Ramesh Karaniya
Saniya Heights
possession by Sep 2026 · Moonshine Realtors PVT LTD
Upper Thane-Casa Eden
possession by Sep 2026 · Lodha Developers Limited

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Shubhashish
possession by Dec 2027 · Shubhashish Developers
Shubhtej
declared completion Jun 2018 · Jitnat Constructions
Shubhvastu
possession by Dec 2028 · Savjibhai Bavjibhai Kodinariya
Shubhvastu Plot NO. 7-Phase 1
declared completion Dec 2018 · Savjibhai Bavjibhai Kodinariya
Shulpani
declared completion Aug 2018 · Shree Balaji Builders & Developers
Shweta Heights
possession by Mar 2027 · Shree SAI Associates

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