MahaRERA Property Intelligence · Thane

TROPICAL ELITE PHASE 2

P51700018220 · THANE · promoter Schema Enterprises Private

Certificate SignedDue 30 Nov 2022

Delivery & Registration

MahaRERA registrationP51700018220
Registered on15 Oct 2018
Promoter-declared completion30 Nov 2022
Current statusCertificate Signed
Against todayabout 44 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.

Builder Track Record

Across MahaRERA, Schema Enterprises Private is the promoter of record on 4 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.

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+0.

BuildingWingsFloorsDeclared completion
TROPICAL ELITE PHASE 21G+031 Dec 2020

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

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 202130 Nov 2022Need time for OC formalities. Project is completed. First Extension under section 6, hence no need for Consent of Allottees.

Location, Land & Connectivity

Located at THANE, THANE , Kurla, Mumbai Suburban, 400602. Per the filed land record, the plot is bounded to the north by EXISTING 12 MTR WIDE SAMBHAJI ROAD, to the south by ADJ CTS NO 40, to the east by TMC RESERVATIONS NO 12 and to the west by EXISTING 20 MTR WIDE MG ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Builder track record

Schema Enterprises Private Limited is the promoter on 2 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Schema Enterprises Private Limited

Schema Enterprises Private Limited
Developer in insolvency (NCLT)Thane

Other RERA-registered projects in Naupada

Veer Galaxy
possession by Jul 2026 · Yash Infra
Ashtavinayak Residency
possession by Sep 2026 · Ashvattha Realty LLP
Shree Krupa CO OP Housing Society
possession by Sep 2026 · Sharda Vastu Nirmitee Pvt. Ltd.
Ashirwad Co-Operative Housing Society Ltd
possession by Oct 2026 · Padmanabh Developers
Platinum Square
possession by Oct 2026 · Ratnamani Buildcon
Om Yashodhan Chsl
possession by Nov 2026 · Silver Stone Realty

Major developers building in Naupada

Other RERA-registered projects in Thane

Tropical Lagoon - 4 -Jacaranda
declared completion May 2018 · Soham Estates
Tropical Lagoon - 5 - DI Vita
declared completion Jul 2023 · Soham Estates
Tropical Panache
declared completion Mar 2022 · Waterfront Buildcon LLP
Trupti Bungalows
declared completion Dec 2025 · Haresh Gurbux Doulatani
Trushna CHS LTD
declared completion Jun 2024 · Mahesh Shriram Borkar
TSP Heights
declared completion Dec 2022 · Ashwamegh Assoicates

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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