Shakti Realty
MahaRERA Property Intelligence · Thane
P51700048756 · NARPOLI · promoter Shakti Realty
| MahaRERA registration | P51700048756 |
| Registered on | 17 Jan 2023 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
Across MahaRERA, Shakti Realty is the promoter of record on 129 projects, of which 19 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.
Of 83 homes filed with MahaRERA, 70 are sold/booked (60 with registered agreements + 10 booked) and 13 remain available (~84% sold) — selling steadily. Buyers have committed ₹24.28 Cr in agreement value so far. Of that, ₹18.60 Cr (~77%) is already collected, ₹5.68 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 70 registered agreements, the effective carpet rate is ₹7,579/sqft (typical range ₹7,249–₹8,234) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 455 sqft (42.29 sqm) | ₹15.42 Lakh |
| Floor 1 | 102 | 434 sqft (40.33 sqm) | ₹14.71 Lakh |
| Floor 13 | 1304 | 362 sqft (33.64 sqm) | ₹12.89 Lakh |
| Floor 13 | 1305 | 389 sqft (36.15 sqm) | ₹14.51 Lakh |
| Floor 16 | 1604 | 362 sqft (33.64 sqm) | ₹13.50 Lakh |
| Floor 16 | 1605 | 389 sqft (36.15 sqm) | ₹14.51 Lakh |
| Floor 17 | 1702 | 434 sqft (40.33 sqm) | ₹16.18 Lakh |
| Floor 17 | 1704 | 362 sqft (33.64 sqm) | ₹13.50 Lakh |
| Floor 17 | 1705 | 389 sqft (36.15 sqm) | ₹14.51 Lakh |
| Floor 2 | 201 | 455 sqft (42.29 sqm) | ₹15.42 Lakh |
| Floor 2 | 202 | 434 sqft (40.33 sqm) | ₹14.71 Lakh |
| Floor 2 | 205 | 389 sqft (36.15 sqm) | ₹13.19 Lakh |
| Floor 3 | 302 | 434 sqft (40.33 sqm) | ₹14.71 Lakh |
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.
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+17 and 83 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SIYARA FORTUNE B BUILDING | 1 | G+17 | 83 | - |
Unit mix on the filing: 83 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12503863 | 04/11/2025 | SHAKTI REALTY vs Smt Babita Kumari | order passed |
Located at NARPOLI, NARPOLI, Thane, Thane, 421302. Per the filed land record, the plot is bounded to the north by PETROL PUMP, to the south by SURVEYNO 98, to the east by 18 MT DP ROAD and to the west by 24 MT DP ROAD. 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.
🔒 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.
🔒 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.
Should you buy in SIYARA FORTUNE B BUILDING?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Shakti Realty is the promoter on 8 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).
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