MahaRERA Property Intelligence · Thane

SUBODH

P51700005802 · promoter New Homes Corporation

Certificate SignedDue 14 Mar 2024

Delivery & Registration

MahaRERA registrationP51700005802
Registered on14 Aug 2017
Promoter-declared completion14 Mar 2024
Current statusCertificate Signed
Against todayabout 28 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.

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.

BuildingWingsFloorsDeclared completion
SUBODH1G+831 Mar 2020

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 3 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
14 Mar 202414 Mar 2024Due to amendment in plan, we need an extension.
14 Mar 202430 Sep 2021Due to Covid 19, Migrant labour are not back in full quorum hence work could not be started in full swing. As 50% of flats are not sold, association or society is not formed so NOC
14 Mar 202415 Mar 2023While registering project it was proposed to acquire adjoining plot and accordingly there was balance FSI in the plot. The same was declared at time of registration. Now with amalg

Location, Land & Connectivity

Located at Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by ROAD, to the south by HANUMAN TAMPLE, to the east by ROAD and to the west by CHALTA NO 191. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~18 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 park18 km
Andheri MIDC / SEEPZ19 km
Chhatrapati Shivaji Int'l Airport23 km
Bandra Kurla Complex (BKC)25 km
Lower Parel / Worli business district34 km
Nariman Point / Fort41 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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Other RERA-registered projects in Owale

ACE Aristo
possession by Oct 2026 · Gaurav Land Corporation
Metro Hive D-1
possession by Dec 2026 · Vihang Infrastructure PVT LTD
Puranik Home Town - E
possession by Dec 2026 · Puranik Builders Limited
Vihang Plaza - A Commecial
possession by Dec 2026 · Vihang Enterprises
Vihang Woods
possession by Dec 2026 · Vihang Enterprises
Ace Enclave
possession by Dec 2026 · Ace Signature Homes LLP

Major developers building in Owale

Other RERA-registered projects in Thane

Suchit Square
declared completion Feb 2018 · Impressions
Sudam Residency
declared completion Jun 2026 · Saikrupa Developers
Sudama Chhatra
possession by Mar 2029 · Shree Balaji Construction
Sudama Elevate
possession by Dec 2026 · Sudam Zipa Rasal
Sudama Enclave
declared completion Jun 2018 · RAI Residency Private Limited
Sudama Greens
declared completion Dec 2017 · Sachin Sudam Patil

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