Mumbai/Project record

MahaRERA · the public record

SIYARA ICON

BHIWANDI · SHAKTI REALTY

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56units filed as unsoldInventory · 18 September 2026
31 Dec 2028declared completionMahaRERA registration · read 12 Jul 2026
111registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2028

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700034763

Delivery and registration

When is the project declared for completion?

SIYARA ICON is registered with MahaRERA as P51700034763 and the promoter has declared completion for 31 Dec 2028.

31 Dec 2028

declared completion

27months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700034763
Registered on28 Apr 2022
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today27 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for SIYARA ICON record 16 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 16 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Shakti Realty is the promoter of record on 138 projects registered with MahaRERA, 19 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

138projects

registered with MahaRERA

19flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In SIYARA ICON, ₹15.26 Cr of a declared ₹42.95 Cr estimated project cost is reported as incurred, about 35.5%, as at the last certified filing with MahaRERA.

35.5%

₹15.26 Cr

of ₹42.95 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In SIYARA ICON, 22 of 78 homes filed with MahaRERA are recorded as sold or booked (19 with registered agreements and 3 booked), about 28%, and 56 remain available.

28%sold

22 of 78 homes

₹9.41 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹6.44 Cr (about 68%) is recorded as collected and ₹2.97 Cr as receivable. The project registers 111 homes in total, while this sold/unsold inventory filing covers 78 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 22 registered agreements, the effective carpet rate is ₹6,525/sqft, with eight in ten falling between ₹4,475 and ₹8,105 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 33 not for sale.

What the filings record, home by home

Read from MahaRERA on 18 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 22 homes carry one, and 56 of the 111 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
Office 107692 sqftRs 51.31 lakh typical, over Rs 30.36 lakh to Rs 55.00 lakh6 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In SIYARA ICON, 26 of the 56 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 55 homes — ₹2,999 →

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+9 and 111 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SIYARA ICON1G+9111-

Unit mix on the filing: 67 residential and 44 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 2028We hereby submit this letter as a formal request for the extension of the MahaRERA registration for our project Siyara Icon (Reg. No. P51700034736). The project has encountered unf

Location, Land & Connectivity

Located at BHIWANDI, RANJNOLI, Thane, Thane, 421302. Per the filed land record, the plot is bounded to the north by S NO 1 and S NO 79, to the south by S NO 80 and S NO 1, to the east by S NO 1 and to the west by 30 MTR DP ROAD. These are the boundaries as recorded in the filed land record.

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Builder track record

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).

See every Shakti Realty project & its RERA track record →

Other flagged projects by Shakti Realty

Other RERA-registered projects in Bhiwandi

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
Anantam Heights
possession by Oct 2026 · Kanak Realty
Upper Thane - Woodlands A, B AND J
possession by Oct 2026 · Lodha Developers Limited

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Siyara Signature
possession by Mar 2029 · Shakti Realty
Siyara Vista
possession by Feb 2030 · Shakti Realtors
Siyara Viva
possession by Nov 2029 · Shakti Realty
SK Heights
possession by Mar 2027 · Ittehad Realties
SKF Harmonie
possession by Jan 2028 · SKF Homes
Skora ML Golden Palms
possession by Dec 2030 · Skora 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: 20 Sep 2026