Ganesh Darshan
MahaRERA Property Intelligence · Thane
P51700010406 · MIRA ROAD EAST · promoter Pnk Space Development
| MahaRERA registration | P51700010406 |
| Registered on | 24 Aug 2017 |
| Promoter-declared completion | 30 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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 ~75.6% of the estimated project cost incurred as of the last certificate (₹121.41 Cr spent against a ₹160.60 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 680 homes filed with MahaRERA, 661 are sold/booked (619 with registered agreements + 42 booked) and 19 remain available (~97% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹253.77 Cr in agreement value so far. Of that, ₹210.78 Cr (~83%) is already collected, ₹42.99 Cr receivable — a read on how far along these sales really are. Note: the project registers 1028 homes in total, but this sold/unsold inventory filing covers only 680 of them — the other 348 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 661 registered agreements, the effective carpet rate is ₹11,676/sqft (typical range ₹10,703–₹12,844) — 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 10 | 1004 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 11 | 1115 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 12 | 1213 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 19 | 1902 | 468 sqft (43.51 sqm) | ₹73.50 Lakh |
| Floor 19 | 1911 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 19 | 1912 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 19 | 1913 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 2 | 202 | 468 sqft (43.51 sqm) | ₹73.50 Lakh |
| Floor 2 | 205 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 2 | 208 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 2 | 209 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 2 | 210 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 2 | 212 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 2 | 213 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 20 | 2003 | 468 sqft (43.51 sqm) | ₹73.50 Lakh |
| Floor 3 | 301 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 3 | 311 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 3 | 313 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
| Floor 8 | 812 | 295 sqft (27.45 sqm) | ₹48.50 Lakh |
⚠ The inventory filing also declares: 348 owner/investor-held. 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+25 and 1028 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| TIARA HILLS BLDG NO 5 | 1 | G+25 | 290 | - |
| TIARA HILLS BLDG NO 2 | 1 | G+25 | 336 | - |
| TIARA HILLS BLDG NO 3 | 1 | G+25 | 402 | - |
Unit mix on the filing: 1028 residential.
8 complaints are on the MahaRERA record for this project, with orders passed in 5. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000079291 | 18/05/2019 | Burhan N. Unchwaniwala & Abdulkader Unchwaniwala vs PNK Space Development Private Limited | order passed |
| CC006000000209439 | 16/12/2021 | RAHUL DEEPAK PRABHU vs PNK SPACE DEVELOPMENT PVT LTD | order passed |
| CC006000000220991 | 27/04/2022 | PNK Space Development Private Limited vs Rahul Deepak Prabhu | order passed |
| CC006000000439712 | 20/03/2024 | Nandlal Harilal Ratnani vs Sej Laxmi Developers | order passed |
| CC006000000480118 | 17/04/2024 | AJAY PRAKASH PANDEY vs pnk space development pvt ltd | pending / no order on file |
| CC12501412 | 27/04/2025 | ravi prakash mishra vs PNK SPACE DEVELOPMENT PVT LTD | order passed |
| CC12601261 | 08/03/2026 | Pooja Tiwari vs PNK SPACE DEVELOPMENT PVT LTD | pending / no order on file |
| CC12604167 | 03/07/2026 | Mukesh Jha vs PNK SPACE DEVELOPMENT PVT LTD | pending / no order on file |
The promoter has declared 5 court cases on this project to MahaRERA. 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Thane Civil Court | 264 | 2014 | Closed |
| High Court Bombay | CRIMINAL APPLICATION NO 266 | 2012 | Closed |
| Thane Court | 3 | 2019 | Injunction Rejected And For Framing Issues |
| High Court Bombay | 16162 | 2019 | Closed |
| High Court Bombay | 15631 | 2019 | Closed |
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 2026 | 30 Dec 2026 | Our Project ‘Tiara Hills Phase 1’ comprising of 3 Buildings viz., Building No.3, 5 & 2 (presently all sanctioned till basement + stilt + 23 upper floors). Due to covid pendemic i. |
Located at MIRA ROAD EAST, NATIONAL EXPRESS HIGHWAY 8, KASHIMIRA, Thane, Thane, 401107. Per the filed land record, the plot is bounded to the north by 18 MTR D P ROAD, to the south by DHARAS DHABA, to the east by WESTERN HOTEL and to the west by S NO 143. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 17 km |
| Powai / Hiranandani business park | 18 km |
| Chhatrapati Shivaji Int'l Airport | 21 km |
| Bandra Kurla Complex (BKC) | 24 km |
| Lower Parel / Worli business district | 32 km |
| Nariman Point / Fort | 40 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 TIARA HILLS PHASE I BLDG NO 3, 5 AND 2?
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
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Unit Guidance Report · ₹2,999
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Last checked against the RERA register: 27 Jul 2026