MahaRERA Property Intelligence · Thane

THE CHALETS AVENUE

P51700008568 · Sonivali · promoter Assets Reality

Certificate SignedDue 31 Mar 2026

Delivery & Registration

MahaRERA registrationP51700008568
Registered on19 Aug 2017
Promoter-declared completion31 Mar 2026
Current statusCertificate Signed
Against todayabout 4 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 ~91.5% of the estimated project cost incurred as of the last certificate (₹14.43 Cr spent against a ₹15.77 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 142 homes filed with MahaRERA, 140 are sold/booked (131 with registered agreements + 9 booked) and 2 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹24.74 Cr in agreement value so far. Of that, ₹22.12 Cr (~89%) is already collected, ₹2.62 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 140 registered agreements, the effective carpet rate is ₹4,790/sqft (typical range ₹4,170–₹9,550) — 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 2201365 sqft (33.95 sqm)₹13.99 Lakh
Floor 4408233 sqft (21.68 sqm)₹8.93 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+10 and 142 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TYPE A1G+18-
TYPE B1G+108-
TYPE C1G+108-
WING A1G+8118-

Unit mix on the filing: 130 residential and 12 non-residential (shops/offices).

Complaints & Orders

27 complaints are on the MahaRERA record for this project, with orders passed in 26. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000004418019/04/2018Yogesh Harishankar Dubey vs Pankaj Trivediorder passed
CC00600000002390626/03/2018GANESH J GAWADE vs RITESH MISHRAorder passed
CC00600000005707628/11/2018Rosy S Petters vs Asset Reality, Mr. Ritesh Mishra, Mr. Pankaj Trivediorder passed
CC00600000007828528/02/2019YOGESH SHIVAJI DESHMUKH vs M/S ASSETS REALTYorder passed
CC00600000007828828/02/2019GORAKSHA GENU TANDALE vs M/S ASSETS REALTYorder passed
CC00600000007829028/02/2019DILIP BALKRISHNA UPLEKAR vs M/S ASSETS REALTYorder passed
CC00600000007829228/02/2019AMITA MUKESH SHINDE vs M/S ASSETS REALTYorder passed
CC00600000007829328/02/2019ASHISH PRAKASH SUTAR vs M/S ASSETS REALTYorder passed
CC00600000007829728/02/2019KIRAN RAMKRISHNA SATAV vs M/S ASSETS REALTYorder passed
CC00600000007829928/02/2019PRIYANKA PRAVIN MANE vs M/S ASSETS REALTYorder passed
CC00600000007830228/02/2019SACHIN SHRIKANT PURANIK vs M/S ASSETS REALTYorder passed
CC00600000007830328/02/2019SANJU MANOHAR MAKAWANA vs M/S ASSETS REALTYorder passed
CC00600000007844612/03/2019Rupesh Rajaram Mohite vs Assets Realtyorder passed
CC00600000007847914/03/2019Mr Rajkiran Gangaram Ingole vs M/s Assets Realtyorder passed
CC00600000007850015/03/2019Balkrishna Vilas Tare vs M/s Assets Realtyorder passed
CC00600000007853518/03/2019Rajesh Suresh Shevare vs M/s Assets Realtyorder passed
CC00600000007853918/03/2019Rajendra Balu Phuke vs M/s Assets Realtyorder passed
CC00600000007854218/03/2019Pandharinath Daulat Raut vs M/s Assets Realtyorder passed
CC00600000007854318/03/2019Mrs Gayatri Mahadev Prasad Sharm vs M/s Assets Realtyorder passed
CC00600000007860922/03/2019The Consumer's Guidance & Protection Society vs M/S ASSETS REALTYorder passed
CC00600000019622104/03/2021BIRENDRA RAM KARAN SHUKLA vs M/S ASSETS REALITYorder passed
CC00600000034421617/05/2023Vinod Baban Mirkute vs M/s Assets Realityorder passed
CC00600000039749214/09/2023Pandharinath Daulat Raut vs ASSETS REALITYorder passed
CC1250310604/09/2025ASSETS REALITY vs Birendra Ramkaran Shukla and Neelam Birendra Shuklaorder passed
CC1250314206/09/2025ASSETS REALITY vs Vinod Baban Mirkute and Vaishali Vinod Mirkuteorder passed
CC1250314407/09/2025ASSETS REALITY vs Pandharinath Daulat Raut and Pratiksha Pandharinath Rautorder passed
CC1260248528/04/2026Birendra Ramkaran Shukla and Neelam Birendra Shukla vs ASSETS REALITYpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 7 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
31 Mar 202531 Dec 2020We undersigned members of Project The Chalets Avenue Wing A Association developed by Mr. Ritesh V. Mishra having MAHARERA Registration No. P51700008568 whose registration has been
31 Mar 202531 Mar 2022Respected Sir/Madam, I, Ritesh Virendra Mishra, promoter and developer of project - ‘The Chalets Avenue’, (bearing RERA registration number P1700008568) most respectfully shew
31 Mar 202530 Jun 2023Due to covid 19 lock down many and almost 95% of allottees defaulted on their payments, still till date with great financial hardship we have been able to complete 95% of the work.
31 Mar 202531 Mar 2025Project overall is complete and project is ready for occupation too, but because of online process wherein OC application is not getting upload since last 9-10 months. We are not a
31 Mar 202530 Sep 2023Project overall is complete and project is ready for occupation too, but because of online process wherein OC application is not getting uploaded since last 45 to 50 days we are no
31 Mar 202531 Mar 2024Project overall is complete and project is almost ready for occupation too, but because of online process wherein OC application is not getting upload since last 5 months. We are n
30 Nov 201831 Mar 20261.Project is 96% Complete 2. Consent of 67.61 % of Allotees uploaded for Extension 3. In Other tab No. 1 uploaded The Revised Form B and also in the main Application 4. In Other

Location, Land & Connectivity

Located at Sonivali, Survey No. 12/1 , Kalyan, Thane, 421503. Per the filed land record, the plot is bounded to the north by 15 DP ROAD, to the south by PLOT NO 12-2, to the east by PLOT NO 12-1 SAHDHARAK and to the west by PLOT NO 130. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~37 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 park37 km
Andheri MIDC / SEEPZ41 km
Chhatrapati Shivaji Int'l Airport42 km
Bandra Kurla Complex (BKC)42 km
Lower Parel / Worli business district49 km
Nariman Point / Fort53 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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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