MahaRERA Property Intelligence · Thane

SIYARA SIGNATURE

P51700076857 · KAMATGHAR · promoter Shakti Realty

Certificate SignedDue 31 Mar 2029

Delivery & Registration

MahaRERA registrationP51700076857
Registered on03 Jul 2024
Promoter-declared completion31 Mar 2029
Current statusCertificate Signed
Against today32 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, 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.

Construction Progress

MahaRERA's cost filing puts construction at ~89.1% of the estimated project cost incurred as of the last certificate (₹14.25 Cr spent against a ₹16.00 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 42 homes filed with MahaRERA, 11 are sold/booked (1 with registered agreements + 10 booked) and 31 remain available (~26% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹8.52 Cr in agreement value so far. Of that, ₹1.94 Cr (~23%) is already collected, ₹6.58 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 11 registered agreements, the effective carpet rate is ₹8,705/sqft (typical range ₹7,905–₹9,871) — 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 1101779 sqft (72.41 sqm)₹24.55 Lakh
Floor 11021,057 sqft (98.22 sqm)₹33.30 Lakh
Floor 1103765 sqft (71.09 sqm)₹24.10 Lakh
Floor 101001779 sqft (72.41 sqm)₹24.55 Lakh
Floor 111101779 sqft (72.41 sqm)₹24.55 Lakh
Floor 121202796 sqft (73.96 sqm)₹25.07 Lakh
Floor 1313021,057 sqft (98.22 sqm)₹33.30 Lakh
Floor 141401779 sqft (72.41 sqm)₹24.55 Lakh
Floor 141403765 sqft (71.09 sqm)₹24.10 Lakh
Floor 2201779 sqft (72.41 sqm)₹24.55 Lakh
Floor 22021,057 sqft (98.22 sqm)₹33.30 Lakh
Floor 2203765 sqft (71.09 sqm)₹24.10 Lakh
Floor 3301779 sqft (72.41 sqm)₹24.55 Lakh
Floor 33021,057 sqft (98.22 sqm)₹33.30 Lakh
Floor 3303765 sqft (71.09 sqm)₹24.10 Lakh
Floor 4401779 sqft (72.41 sqm)₹24.55 Lakh
Floor 44021,057 sqft (98.22 sqm)₹33.30 Lakh
Floor 4403765 sqft (71.09 sqm)₹24.10 Lakh
Floor 5501779 sqft (72.41 sqm)₹24.55 Lakh
Floor 55021,057 sqft (98.21 sqm)₹33.29 Lakh
Floor 5503765 sqft (71.09 sqm)₹24.10 Lakh
Floor 6601779 sqft (72.41 sqm)₹24.55 Lakh
Floor 66021,057 sqft (98.21 sqm)₹33.29 Lakh
Floor 6603765 sqft (71.09 sqm)₹24.10 Lakh
Floor 7701779 sqft (72.41 sqm)₹24.55 Lakh
Floor 7702796 sqft (73.96 sqm)₹25.07 Lakh
Floor 7703765 sqft (71.09 sqm)₹24.10 Lakh
Floor 8801779 sqft (72.41 sqm)₹24.55 Lakh
Floor 8803765 sqft (71.09 sqm)₹24.10 Lakh
Floor 9901779 sqft (72.41 sqm)₹24.55 Lakh
Floor 9903765 sqft (71.09 sqm)₹24.10 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.

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+15 and 42 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SIYARA SIGNATURE1G+1542-

Unit mix on the filing: 42 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 KAMATGHAR, KAMATGHAR, Thane, Thane, 421302. Per the filed land record, the plot is bounded to the north by ADJ OPEN LAND, to the south by ADJ OPEN LAND, to the east by 18 MT DP ROAD and to the west by ADJ BUILDING KNOWN AS LILAVATI RESIDENCY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~24 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park24 km
Andheri MIDC / SEEPZ25 km
Chhatrapati Shivaji Int'l Airport29 km
Bandra Kurla Complex (BKC)30 km
Lower Parel / Worli business district39 km
Nariman Point / Fort46 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

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

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

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
Skora ML Vista
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: 27 Jul 2026