The Address by GS Tower E

Delivery & Registration

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.

• Filing progress reports — 6 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Raymond Realty Limited is the promoter of record on 26 projects, of which 2 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 ~34.1% of the estimated project cost incurred as of the last certificate (₹92.60 Cr spent against a ₹271.61 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 144 homes filed with MahaRERA, 109 are sold/booked (108 with registered agreements + 1 booked) and 35 remain available (~76% sold) — selling steadily. Buyers have committed ₹327.80 Cr in agreement value so far. Of that, ₹130.63 Cr (~40%) is already collected, ₹197.17 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 109 registered agreements, the effective carpet rate is ₹23,370/sqft (typical range ₹21,869–₹24,790) — 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:

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+51 and 144 homes are registered across the project.

Unit mix on the filing: 144 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.

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. 5 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

Location, Land & Connectivity

Located at Thane, Pokharan Road no 1, Thane, Thane, 400606. Per the filed land record, the plot is bounded to the north by club house building, to the south by 12 m road and S urvey no 133 b, to the east by survey no 132 2 and to the west by wing 3. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Builder track record

Raymond Realty Limited is the promoter on 11 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 Raymond Realty Limited project & its RERA track record →

Other flagged projects by Raymond Realty Limited

Other RERA-registered projects in Thane

Other RERA-registered projects in Thane

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.