MahaRERA Property Intelligence · Raigarh

Sparsh Phase-II

P52000016230 · Shedung · promoter Shree Enterprises

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52000016230
Registered on25 Apr 2018
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 months past 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.

Construction Progress

MahaRERA's cost filing puts construction at ~99.7% of the estimated project cost incurred as of the last certificate (₹12.14 Cr spent against a ₹12.18 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 158 homes filed with MahaRERA, 146 are sold/booked (145 with registered agreements + 1 booked) and 12 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹38.86 Cr in agreement value so far. Of that, ₹27.25 Cr (~70%) is already collected, ₹11.61 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 146 registered agreements, the effective carpet rate is ₹7,405/sqft (typical range ₹6,318–₹8,305) — 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 1105486 sqft (45.14 sqm)₹34.40 Lakh
Floor 1106486 sqft (45.14 sqm)₹34.40 Lakh
Floor 1204328 sqft (30.5 sqm)₹23.24 Lakh
Floor 2303329 sqft (30.6 sqm)₹23.32 Lakh
Floor 3401328 sqft (30.5 sqm)₹23.24 Lakh
Floor 3404328 sqft (30.5 sqm)₹23.24 Lakh
Floor 4405487 sqft (45.27 sqm)₹34.49 Lakh
Floor 5603328 sqft (30.5 sqm)₹24.40 Lakh
Floor 6701329 sqft (30.6 sqm)₹24.49 Lakh
Floor 6702317 sqft (29.41 sqm)₹23.53 Lakh
Floor 7701486 sqft (45.14 sqm)₹36.11 Lakh
Floor 7702486 sqft (45.14 sqm)₹36.11 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+7 and 158 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building no 41G+746-
Building no 5 Wing A1G+728-
Building no 5 Wing B1G+728-
Building no 6 Wing A1G+728-
Building no 6 Wing B1G+728-

Unit mix on the filing: 158 residential.

Complaints & Orders

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.FiledPartiesStatus
CC00600000037514110/04/2023Vinesh Kumar Balakrishnan vs DINESH MANGALCHAND JAINorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Mar 202231 Mar 2024Dear Sir, That there is delay in getting revised approvals for “Proposed but not sanctioned area” from the Planning Authority on the account of changes in Regulations governing th
30 Mar 202231 Dec 2024Respected Sir, The structure of the buildings along with the Brickwork and plaster is completed. The internal finishes including gypsum, Floor tiles and Dado, Kitchen Platform an
30 Mar 202230 Mar 2023That there was delay in approval of UDCPR governing the development of Real Estate projects within the Maharashtra State except the Municipal Corporation of Greater Mumbai issued b
30 Mar 202231 Dec 2025Required Project extension for project completion purpose.

Location, Land & Connectivity

Located at Shedung, NH4 Old Mumbai Pune Highway, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by S no 116 pt and NH4, to the south by S no 3 9 and 125, to the east by S no 126 pt and to the west by S no 123. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~34 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 park34 km
Bandra Kurla Complex (BKC)34 km
Chhatrapati Shivaji Int'l Airport36 km
Lower Parel / Worli business district37 km
Nariman Point / Fort37 km
Andheri MIDC / SEEPZ37 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

Shree Enterprises is the promoter on 11 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Shree Enterprises project & its RERA track record →

Other flagged projects by Shree Enterprises

Shree Enterprises
Not filing quarterly progress reportsRaigarh
Shree Enterprises
FlaggedMumbai Suburban
Shree Enterprises
Past its declared completion datePalghar

Other RERA-registered projects in Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Sparsh Phase-III
declared completion Jun 2025 · Shree Enterprises
Spenta Height
declared completion Mar 2018 · Gold Sukh Infrastructure LLP
SPH Royale
declared completion Dec 2021 · Paresh Ranchhod Patel
Springdale
declared completion Jan 2018 · Hitech Ultra Homes PVT LTD
Spsaichatra
declared completion Jul 2021 · SP Developers
Square Ornate
possession by Dec 2029 · Mohammed Aslam Noor Ullah Khan

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