SKY VILLAS PHASE-IV-C WING

Delivery & Registration

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.

• Filing progress reports — 12 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Developers And Engineers is the promoter of record on 89 projects, of which 6 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 ~78.1% of the estimated project cost incurred as of the last certificate (₹11.00 Cr spent against a ₹14.08 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 100 homes filed with MahaRERA, 64 are sold/booked and 36 remain available (~64% sold) — selling steadily. Buyers have committed ₹20.90 Cr in agreement value so far. Of that, ₹13.42 Cr (~64%) is already collected, ₹7.48 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 64 registered agreements, the effective carpet rate is ₹6,449/sqft (typical range ₹4,821–₹7,205) — 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:

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+16 and 100 homes are registered across the project.

Unit mix on the filing: 89 residential and 11 non-residential (shops/offices).

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 SAKHARAM SHASTRI BHAVE NAGAR, MOTIRAM TALAO ROAD, Thane, Thane, 402107. Per the filed land record, the plot is bounded to the north by 18 MTR WIDE DP ROAD, to the south by 9 MTR WIDE DP ROAD, to the east by PROPERTY OF SOMAJI and to the west by 12 MTR WIDE DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Builder track record

K N Developers AND Engineers LLP is the promoter on 4 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 K N Developers AND Engineers LLP

Other RERA-registered projects in Pen

Other RERA-registered projects in Raigarh

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.