MahaRERA Property Intelligence · Thane
P51700008568 · Sonivali · promoter Assets Reality
| MahaRERA registration | P51700008568 |
| Registered on | 19 Aug 2017 |
| Promoter-declared completion | 31 Mar 2026 |
| Current status | Certificate Signed |
| Against today | about 4 months past the declared date |
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.
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.
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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 2 | 201 | 365 sqft (33.95 sqm) | ₹13.99 Lakh |
| Floor 4 | 408 | 233 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.
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.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| TYPE A | 1 | G+1 | 8 | - |
| TYPE B | 1 | G+10 | 8 | - |
| TYPE C | 1 | G+10 | 8 | - |
| WING A | 1 | G+8 | 118 | - |
Unit mix on the filing: 130 residential and 12 non-residential (shops/offices).
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. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000044180 | 19/04/2018 | Yogesh Harishankar Dubey vs Pankaj Trivedi | order passed |
| CC006000000023906 | 26/03/2018 | GANESH J GAWADE vs RITESH MISHRA | order passed |
| CC006000000057076 | 28/11/2018 | Rosy S Petters vs Asset Reality, Mr. Ritesh Mishra, Mr. Pankaj Trivedi | order passed |
| CC006000000078285 | 28/02/2019 | YOGESH SHIVAJI DESHMUKH vs M/S ASSETS REALTY | order passed |
| CC006000000078288 | 28/02/2019 | GORAKSHA GENU TANDALE vs M/S ASSETS REALTY | order passed |
| CC006000000078290 | 28/02/2019 | DILIP BALKRISHNA UPLEKAR vs M/S ASSETS REALTY | order passed |
| CC006000000078292 | 28/02/2019 | AMITA MUKESH SHINDE vs M/S ASSETS REALTY | order passed |
| CC006000000078293 | 28/02/2019 | ASHISH PRAKASH SUTAR vs M/S ASSETS REALTY | order passed |
| CC006000000078297 | 28/02/2019 | KIRAN RAMKRISHNA SATAV vs M/S ASSETS REALTY | order passed |
| CC006000000078299 | 28/02/2019 | PRIYANKA PRAVIN MANE vs M/S ASSETS REALTY | order passed |
| CC006000000078302 | 28/02/2019 | SACHIN SHRIKANT PURANIK vs M/S ASSETS REALTY | order passed |
| CC006000000078303 | 28/02/2019 | SANJU MANOHAR MAKAWANA vs M/S ASSETS REALTY | order passed |
| CC006000000078446 | 12/03/2019 | Rupesh Rajaram Mohite vs Assets Realty | order passed |
| CC006000000078479 | 14/03/2019 | Mr Rajkiran Gangaram Ingole vs M/s Assets Realty | order passed |
| CC006000000078500 | 15/03/2019 | Balkrishna Vilas Tare vs M/s Assets Realty | order passed |
| CC006000000078535 | 18/03/2019 | Rajesh Suresh Shevare vs M/s Assets Realty | order passed |
| CC006000000078539 | 18/03/2019 | Rajendra Balu Phuke vs M/s Assets Realty | order passed |
| CC006000000078542 | 18/03/2019 | Pandharinath Daulat Raut vs M/s Assets Realty | order passed |
| CC006000000078543 | 18/03/2019 | Mrs Gayatri Mahadev Prasad Sharm vs M/s Assets Realty | order passed |
| CC006000000078609 | 22/03/2019 | The Consumer's Guidance & Protection Society vs M/S ASSETS REALTY | order passed |
| CC006000000196221 | 04/03/2021 | BIRENDRA RAM KARAN SHUKLA vs M/S ASSETS REALITY | order passed |
| CC006000000344216 | 17/05/2023 | Vinod Baban Mirkute vs M/s Assets Reality | order passed |
| CC006000000397492 | 14/09/2023 | Pandharinath Daulat Raut vs ASSETS REALITY | order passed |
| CC12503106 | 04/09/2025 | ASSETS REALITY vs Birendra Ramkaran Shukla and Neelam Birendra Shukla | order passed |
| CC12503142 | 06/09/2025 | ASSETS REALITY vs Vinod Baban Mirkute and Vaishali Vinod Mirkute | order passed |
| CC12503144 | 07/09/2025 | ASSETS REALITY vs Pandharinath Daulat Raut and Pratiksha Pandharinath Raut | order passed |
| CC12602485 | 28/04/2026 | Birendra Ramkaran Shukla and Neelam Birendra Shukla vs ASSETS REALITY | pending / no order on file |
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 2025 | 31 Dec 2020 | We 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 2025 | 31 Mar 2022 | Respected Sir/Madam, I, Ritesh Virendra Mishra, promoter and developer of project - ‘The Chalets Avenue’, (bearing RERA registration number P1700008568) most respectfully shew |
| 31 Mar 2025 | 30 Jun 2023 | Due 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 2025 | 31 Mar 2025 | Project 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 2025 | 30 Sep 2023 | Project 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 2025 | 31 Mar 2024 | Project 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 2018 | 31 Mar 2026 | 1.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 |
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.
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.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 37 km |
| Andheri MIDC / SEEPZ | 41 km |
| Chhatrapati Shivaji Int'l Airport | 42 km |
| Bandra Kurla Complex (BKC) | 42 km |
| Lower Parel / Worli business district | 49 km |
| Nariman Point / Fort | 53 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.
🔒 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.
🔒 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.
Should you buy in THE CHALETS AVENUE?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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