MahaRERA Property Intelligence · Thane

VALENCIA

P51700024879 · MAHATMA PHULE ROAD · promoter Impressions

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51700024879
Registered on09 Mar 2020
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 months to 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, Impressions is the promoter of record on 17 projects, of which 3 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.

Construction Progress

MahaRERA's cost filing puts construction at ~98.4% of the estimated project cost incurred as of the last certificate (₹10.23 Cr spent against a ₹10.40 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.

Sales & Inventory

Of 45 homes filed with MahaRERA, 33 are sold/booked and 12 remain available (~73% sold) — selling steadily. Buyers have committed ₹22.75 Cr in agreement value so far. Of that, ₹15.31 Cr (~67%) is already collected, ₹7.44 Cr receivable — a read on how far along these sales really are. Note: the project registers 56 homes in total, but this sold/unsold inventory filing covers only 45 of them — the other 11 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 33 registered agreements, the effective carpet rate is ₹12,264/sqft (typical range ₹9,504–₹16,575) — 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:

FloorUnitCarpetReckoner value
Floor 1105604 sqft (56.11 sqm)₹56.11 Lakh
Floor 121201472 sqft (43.84 sqm)₹17.54 Lakh
Floor 2202645 sqft (59.88 sqm)₹59.88 Lakh
Floor 2203224 sqft (20.82 sqm)₹20.82 Lakh
Floor 2204224 sqft (20.82 sqm)₹20.82 Lakh
Ground/Floor 0Shop-01274 sqft (25.5 sqm)₹25.50 Lakh
Ground/Floor 0Shop-02327 sqft (30.4 sqm)₹30.40 Lakh
Ground/Floor 0Shop-03140 sqft (12.99 sqm)₹12.99 Lakh
Ground/Floor 0Shop-04140 sqft (12.99 sqm)₹12.99 Lakh
Ground/Floor 0Shop-06217 sqft (20.18 sqm)₹20.18 Lakh
Ground/Floor 0Shop-10106 sqft (9.89 sqm)₹9.89 Lakh
Ground/Floor 0Shop-1198 sqft (9.06 sqm)₹9.06 Lakh

⚠ The inventory filing also declares: 4 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+9 and 56 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VALENCIA1G+956-

Unit mix on the filing: 34 residential and 22 non-residential (shops/offices).

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 2 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 202431 Dec 2025Project work is almost completed and the balance work will be completed by March 2025.
30 Jun 202431 Mar 2027There were liquidity issues and delays in funding. Labour and material shortages, along with disruptions in supply chains and workforce availability, are impacting construction tim

Location, Land & Connectivity

Located at MAHATMA PHULE ROAD, MAHATMA PHULE ROAD, Kalyan, Thane, 421202. Per the filed land record, the plot is bounded to the north by C T S NO 2042, to the south by KARVE ROAD, to the east by C T S NO 2061 and to the west by MAHATMA PHULE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~22 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park22 km
Andheri MIDC / SEEPZ25 km
Chhatrapati Shivaji Int'l Airport27 km
Bandra Kurla Complex (BKC)29 km
Lower Parel / Worli business district37 km
Nariman Point / Fort43 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.

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

Impressions is the promoter on 6 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).

Other flagged projects by Impressions

Other RERA-registered projects in Palava

Evaan
possession by Jul 2026 · Impressions NXT
Saraswati Devi Krupa
possession by Jul 2026 · Yogiraj Heritage
JAI Malhar Plaza
possession by Aug 2026 · Swaminarayan Residency
Amar Elegance
possession by Sep 2026 · Amar Realty
Purva Prime
possession by Sep 2026 · Trimurti Constructions
Anant AND Radhika Heights
possession by Dec 2026 · Ashapura Construction CO

Major developers building in Palava

Other RERA-registered projects in Thane

Valencia
possession by Dec 2029 · Viara Homes
Valencia Enclave
declared completion Dec 2022 · Siddhivinayak Builders And Developers
Valencia Park
declared completion Dec 2020 · Prakash Trading Company
Valku Heritage
declared completion Dec 2022 · Shree Samarth Developers
Vallabh C H S LTD Proposed
declared completion Jun 2019 · Spendor Shelters Private Limited
Vama
declared completion Dec 2024 · Suparshva Incorporation

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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