MahaRERA Property Intelligence · Thane

Tesla - Building No.2

P51700019181 · D Block, TTC Industrial Area, MIDC · promoter Raheja Developers

Certificate SignedDue 30 Dec 2025

Delivery & Registration

MahaRERA registrationP51700019181
Registered on09 Jan 2019
Promoter-declared completion30 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.

Builder Track Record

Across MahaRERA, Raheja Developers is the promoter of record on 81 projects, of which 9 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 ~116.9% of the estimated project cost incurred as of the last certificate (₹102.42 Cr spent against a ₹87.63 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 324 homes filed with MahaRERA, 324 are sold/booked (317 with registered agreements + 7 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹182.11 Cr in agreement value so far. Of that, ₹170.93 Cr (~94%) is already collected, ₹11.19 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 324 registered agreements, the effective carpet rate is ₹8,251/sqft (typical range ₹5,161–₹9,746) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+4 and 324 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tesla Building No21G+4324-

Unit mix on the filing: 324 non-residential (shops/offices).

Complaints & Orders

2 complaints are 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
CC1240024727/09/2024Laxmi Sunil Siddhu vs Raheja Universal (Pvt.) Ltd.order passed
CC1260224317/04/2026Dulal Chandra Saha vs Raheja Universal (Pvt.) Ltd.pending / no order on file

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
30 Dec 202430 Dec 2025we are seeking extension of one year i.e., from 30.12.24 to 30.12.2025 in view of unforeseeable circumstances that prevented us from fulfilling a contract on the date of completion

Location, Land & Connectivity

Located at D Block, TTC Industrial Area, MIDC, Off Belapur Thane Road, Andheri, Mumbai Suburban, 400705. Per the filed land record, the plot is bounded to the north by Internal Road of Larger Layout, to the south by Internal Road of Larger Layout, to the east by Internal Road of Larger Layout and to the west by Internal Road of Larger Layout. 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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Builder track record

Raheja Universal Ltd. is the promoter on 16 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).

See every Raheja Universal Ltd. project & its RERA track record →

Other flagged projects by Raheja Universal Ltd.

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Other RERA-registered projects in Sanpada

ONE Akshar
possession by Dec 2026 · Akshar Realtors
Raheja Solaris-1
possession by Dec 2026 · Raheja Universal Ltd.
BUL BUL CO-Operative Housing Society Limited
possession by Dec 2026 · Ashwiniinfradevelopments Private Limited
Gami Terra
possession by Dec 2026 · LAL Gebi Infra Private Limited
Satyam Altura
possession by Dec 2026 · Satyam Lifescapes LLP
Tricity Montview
possession by Dec 2026 · Tricity Realty LLP

Major developers building in Sanpada

Other RERA-registered projects in Thane

Tetris Green Valley
declared completion Jun 2022 · Tetris Green Valley
Thakare Complex
declared completion May 2025 · Shreeji Developers
Thakker Shraddha Kunj
possession by Dec 2026 · M/s Thakker World Constructions LLP
Thana Co-Op Housing Society Sopan
declared completion Dec 2021 · Aditya Associates
Thane Project
possession by Jul 2029 · Lodha Developers Limited
Thane Shivam Chs Ltd
possession by Dec 2026 · Mahesh Shriram Borkar

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