MahaRERA Property Intelligence · Thane

VISTAS

P51700030537 · KAVESAR VILLAGE · promoter Risha Builders Developers

Certificate SignedDue 30 Jun 2023

Delivery & Registration

MahaRERA registrationP51700030537
Registered on30 Aug 2021
Promoter-declared completion30 Jun 2023
Current statusCertificate Signed
Against todayabout 37 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, Risha Builders Developers is the promoter of record on 121 projects, of which 7 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.

Sales & Inventory

Of 42 homes filed with MahaRERA, 38 are sold/booked and 4 remain available (~90% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹22.57 Cr in agreement value so far. Of that, ₹22.57 Cr (~100%) is already collected, ₹0 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 38 registered agreements, the effective carpet rate is ₹12,867/sqft (typical range ₹12,396–₹14,091) — 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 1103416 sqft (38.69 sqm)₹50.57 Lakh
Floor 1104450 sqft (41.78 sqm)₹54.17 Lakh
Floor 3301450 sqft (41.78 sqm)₹54.17 Lakh
Floor 6602560 sqft (51.99 sqm)₹69.21 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.

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+8 and 42 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VISTAS1G+84230 Jun 2023

Unit mix on the filing: 42 residential.

Complaints

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

Location, Land & Connectivity

Located at KAVESAR VILLAGE, KAVESAR VILLAGE, Thane, Thane, 400607. Per the filed land record, the plot is bounded to the north by OMKAR CHL, to the south by TMC PLAY GROUND, to the east by SWASTIK PRESTIAGE and to the west by MUCCHALA COLLEGE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~18 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park18 km
Andheri MIDC / SEEPZ18 km
Chhatrapati Shivaji Int'l Airport22 km
Bandra Kurla Complex (BKC)24 km
Lower Parel / Worli business district33 km
Nariman Point / Fort41 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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Lodha Crown Kolshet-Tower 1
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Unique Vistas Mhada Building NO. 1,2,3
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Unique Vistas Mhada Buildingno. 4 5 6 7
possession by Sep 2026 · Madhu Harshad Doshi
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

Major developers building in Thane

Other RERA-registered projects in Thane

Vithai Residency
possession by Dec 2029 · Nandkumar Narayan Kine
Vithoba Niwas
possession by Dec 2027 · Shri Tirupati Realty
Vitrag Orbit
declared completion Dec 2018 · Goldfield Assosciates
Vitthai Anant Plaza
possession by Dec 2026 · Sharad Namdeo Gaikwad
Vitthal Heights
possession by Dec 2027 · Bhoir Developers
Vitthal Rukmini Building
declared completion Mar 2024 · Divine Builders

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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