M/s. Milestone Space
MahaRERA Property Intelligence · Thane
P51700009259 · Khadakpada · promoter Milestone Space
| MahaRERA registration | P51700009259 |
| Registered on | 22 Aug 2017 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 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.
Across MahaRERA, Milestone Space is the promoter of record on 16 projects, of which 1 carries 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.
MahaRERA's cost filing puts construction at ~99.6% of the estimated project cost incurred as of the last certificate (₹32.92 Cr spent against a ₹33.04 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 124 homes filed with MahaRERA, 102 are sold/booked (93 with registered agreements + 9 booked) and 22 remain available (~82% sold) — selling steadily. Buyers have committed ₹57.54 Cr in agreement value so far. Of that, ₹42.62 Cr (~74%) is already collected, ₹30.26 Lakh 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 102 registered agreements, the effective carpet rate is ₹10,269/sqft (typical range ₹7,910–₹12,054) — 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 1 | F-1 | 350 sqft (32.52 sqm) | ₹29.10 Lakh |
| Floor 1 | F-3 | 479 sqft (44.5 sqm) | ₹39.83 Lakh |
| Floor 1 | F-4 | 479 sqft (44.5 sqm) | ₹39.83 Lakh |
| Floor 1 | F-5 | 479 sqft (44.5 sqm) | ₹39.83 Lakh |
| Floor 1 | F-6 | 479 sqft (44.5 sqm) | ₹39.83 Lakh |
| Floor 1 | F-7 | 479 sqft (44.5 sqm) | ₹39.83 Lakh |
| Floor 1 | F-8 | 479 sqft (44.5 sqm) | ₹39.83 Lakh |
| Floor 1 | F-9 | 609 sqft (56.58 sqm) | ₹50.64 Lakh |
| Floor 13 | 1306 | 534 sqft (49.59 sqm) | ₹41.53 Lakh |
| Floor 17 | 1702 | 606 sqft (56.3 sqm) | ₹47.15 Lakh |
| Floor 18 | 1802 | 605 sqft (56.25 sqm) | ₹47.11 Lakh |
| Floor 18 | 1805 | 605 sqft (56.23 sqm) | ₹47.09 Lakh |
| Floor 2 | S-1 | 350 sqft (32.52 sqm) | ₹29.10 Lakh |
| Floor 2 | S-2 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-3 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-4 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-5 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-6 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-7 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-8 | 431 sqft (40.04 sqm) | ₹35.84 Lakh |
| Floor 2 | S-9 | 549 sqft (51 sqm) | ₹45.65 Lakh |
| Ground/Floor 0 | G-9 | 570 sqft (52.95 sqm) | ₹51.58 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+22 and 124 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building 1 Wing A Emerald | 1 | G+22 | 124 | 30 Jun 2020 |
Unit mix on the filing: 97 residential and 27 non-residential (shops/offices).
9 complaints are on the MahaRERA record for this project, with orders passed in 7. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000001765 | 07/11/2017 | sumandas savlaram salve vs shrikant shitole | order passed |
| CC006000000194251 | 11/10/2020 | Pooja Dudani vs M/S. Milestone Space | order passed |
| CC006000000194601 | 27/01/2021 | Nilesh Pawar vs Milestone Space | order passed |
| CC006000000196975 | 12/05/2021 | Hamida Shaikh vs M/s. Milestone Space | order passed |
| CC006000000197223 | 10/06/2021 | Dinesh Kulkarni vs M/S Milestone space | order passed |
| CC006000000429395 | 23/02/2024 | murukraj nair vs m/s milestone space | order passed |
| CC12400929 | 28/11/2024 | Nitin Purushottam Dhumal vs M/s. Milestone Space | order passed |
| CC12500871 | 13/03/2025 | Vishal Shinde vs M/s. Milestone Space | pending / no order on file |
| CC12502703 | 02/08/2025 | Vishal Sanjay Jadhav vs M/s. Milestone Space | pending / no order on file |
The promoter has declared 1 court case 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 |
|---|---|---|---|
| Civil Judge | 281 | 2010 | Ongoing |
The promoter has had the MahaRERA completion deadline formally extended 5 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 |
|---|---|---|
| 30 Jun 2024 | 30 Jun 2021 | Date:04/12/2019 To, The Maharashtra Real Estate Regulatory Authority, Bandra, Mumbai. |
| 30 Jun 2024 | 31 Mar 2023 | Date: 17-05-2022 To, The Maharashtra Real Estate Regulatory Authority, Bandra, Mumbai. Sub: Seeking extension of 09 months in the project “Tycoons Valley Tower A”. Sir, T |
| 30 Jun 2024 | 30 Jun 2024 | Request you to schedule the hearing in this matter under order no 40. |
| 30 Jun 2020 | 30 Jun 2025 | We as Promoter of this project namely ‘Tycoons Valley Tower A’ are putting total efforts till this date to complete the project but the delay is caused due to pending litigation, i |
| 30 Jun 2020 | 31 Dec 2025 | Due to financial constraints, we are unable to complete the project within the scheduled timeframe. All updates up to this date have been communicated promptly to all registered cu |
Located at Khadakpada, Barave, Kalyan, Thane, 421301. Per the filed land record, the plot is bounded to the north by 15 meter wide DP Road, to the south by HS 135, to the east by 30 meter wide DP Road and to the west by PS 139. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~28 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 | 28 km |
| Andheri MIDC / SEEPZ | 30 km |
| Chhatrapati Shivaji Int'l Airport | 33 km |
| Bandra Kurla Complex (BKC) | 34 km |
| Lower Parel / Worli business district | 42 km |
| Nariman Point / Fort | 48 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 Tycoons Valley Tower A?
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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M/s. Milestone Space is the promoter on 2 MahaRERA-registered projects, of which 1 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:
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