RAJ Laxmi Developers
MahaRERA Property Intelligence · Thane
P51700001555 · Kolshet · promoter Raj Laxmi Developers
| MahaRERA registration | P51700001555 |
| Registered on | 28 Jul 2017 |
| Promoter-declared completion | 31 Dec 2031 |
| Current status | Certificate Signed |
| Against today | 65 months to 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 ~8.1% of the estimated project cost incurred as of the last certificate (₹16.18 Cr spent against a ₹200.00 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 472 homes filed with MahaRERA, 0 are sold/booked and 472 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
⚠ The inventory filing also declares: 1 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+42 and 473 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building 1 | 1 | G+42 | 468 | - |
| Building No 2 | 1 | G+5 | 5 | - |
Unit mix on the filing: 468 residential and 5 non-residential (shops/offices).
2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000195683 | 18/01/2021 | ANIL DAHAKE & ANR vs RAJ LAXMI DEVELOPERS & ORS. | order passed |
| CC006000000197253 | 18/06/2021 | PARUL PRAKASH MEHTA vs RAJ LAXMI DEVELOPERS AND OTHERS | order passed |
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 |
|---|---|---|
| 31 Dec 2031 | 31 Dec 2031 | We are Re-launching Project as there were approval issues and we have not sold any inventory as such. |
Located at Kolshet, Kolshet Road, Thane, Thane, 400607. Per the filed land record, the plot is bounded to the north by Survey No 197, to the south by Survey No 235 A pt 235 B pt Survey No 198 199 200, to the east by Survey No 235 B Pt and Survey No 197 and to the west by Kolshet Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 15 km |
| Andheri MIDC / SEEPZ | 17 km |
| Chhatrapati Shivaji Int'l Airport | 20 km |
| Bandra Kurla Complex (BKC) | 22 km |
| Lower Parel / Worli business district | 31 km |
| Nariman Point / Fort | 38 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 HELIOS?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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RAJ Laxmi Developers is the promoter on 4 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).
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