MahaRERA Property Intelligence · Raigarh

Sparsh Phase-III

P52000027334 · Shedung · promoter Shree Enterprises

Certificate SignedDue 30 Jun 2025

Delivery & Registration

MahaRERA registrationP52000027334
Registered on02 Dec 2020
Promoter-declared completion30 Jun 2025
Current statusCertificate Signed
Against todayabout 13 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 ~1.4% of the estimated project cost incurred as of the last certificate (₹15.60 Lakh spent against a ₹10.92 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. The declared completion date has already passed while the cost-incurred filing sits at ~1.4% — a wide gap between the promise and the money actually spent on site.

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 63 homes filed with MahaRERA, 0 are sold/booked and 63 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 126 homes in total, but this sold/unsold inventory filing covers only 63 of them — the other 63 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

⚠ The inventory filing also declares: 63 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+6 and 126 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No 11G+43331 Dec 2024
Building No 21G+69331 Dec 2024

Unit mix on the filing: 96 residential and 30 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250122413/04/2025Madhukar Baburao Dhole vs Shree Enterprisespending / no order on file

Location, Land & Connectivity

Located at Shedung, Street, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by S no 116 and NH 4, 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

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
Square Planet
declared completion Dec 2019 · Mohammed Aslam Noorullah 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