MahaRERA Property Intelligence · Thane

Spectrum Residency

P51700051472 · Ulhas nagar · promoter Spectrum Developers

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700051472
Registered on23 Jun 2023
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Spectrum Developers is the promoter of record on 7 projects, of which none currently 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 ~88.8% of the estimated project cost incurred as of the last certificate (₹2.95 Cr spent against a ₹3.32 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 21 homes filed with MahaRERA, 13 are sold/booked (3 with registered agreements + 10 booked) and 8 remain available (~62% sold) — selling steadily. Buyers have committed ₹3.41 Cr in agreement value so far. Of that, ₹1.65 Cr (~49%) is already collected, ₹1.75 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 13 registered agreements, the effective carpet rate is ₹6,536/sqft (typical range ₹5,484–₹6,875) — 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 1103416 sqft (38.68 sqm)₹21.47 Lakh
Floor 2203416 sqft (38.68 sqm)₹21.47 Lakh
Floor 3302346 sqft (32.11 sqm)₹17.82 Lakh
Floor 4401442 sqft (41.08 sqm)₹22.80 Lakh
Floor 4402346 sqft (32.11 sqm)₹17.82 Lakh
Floor 4403416 sqft (38.68 sqm)₹21.47 Lakh
Floor 7702346 sqft (32.11 sqm)₹17.82 Lakh
Floor 7703416 sqft (38.68 sqm)₹21.47 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+8 and 21 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Spectrum Residency1G+821-

Unit mix on the filing: 21 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
31 Dec 202531 Mar 2027Due to municipal elections and non-availability of authorities in corporation for issuance of occupancy certificate though applied on time it is yet not issued.

Location, Land & Connectivity

Located at Ulhas nagar, Ulhasnagar, Ulhasnagar, Thane, 421002. Per the filed land record, the plot is bounded to the north by Adj room 9, to the south by Adj room no 13, to the east by Drain and Room no 1 and to the west by Existing D P road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Splendor Westend
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SPM Dream City Phase 1
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SPM Dream City Phase 2
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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