Borkar Realty
MahaRERA Property Intelligence · Thane
P51700079914 · Near New Girls English School · promoter Borkar Realty
| MahaRERA registration | P51700079914 |
| Registered on | 29 Mar 2025 |
| Promoter-declared completion | 31 Dec 2028 |
| Current status | Certificate Signed |
| Against today | 29 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.
Across MahaRERA, Borkar Realty is the promoter of record on 13 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 ~14.0% of the estimated project cost incurred as of the last certificate (₹2.87 Cr spent against a ₹20.50 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 43 homes filed with MahaRERA, 12 are sold/booked (4 with registered agreements + 8 booked) and 31 remain available (~28% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹12.93 Cr in agreement value so far. Of that, ₹8.60 Cr (~67%) is already collected, ₹4.32 Cr receivable — a read on how far along these sales really are. Note: the project registers 90 homes in total, but this sold/unsold inventory filing covers only 43 of them — the other 47 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 12 registered agreements, the effective carpet rate is ₹21,164/sqft (typical range ₹13,773–₹34,376) — 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 | Shop- 1 | 1,629 sqft (151.32 sqm) | ₹2.92 Cr |
| Floor 1 | Shop- 2 | 172 sqft (15.94 sqm) | ₹30.77 Lakh |
| Floor 1 | Shop- 3 | 167 sqft (15.49 sqm) | ₹29.90 Lakh |
| Floor 1 | Shop- 5 | 808 sqft (75.05 sqm) | ₹1.45 Cr |
| Floor 1 | Shop- 7 | 336 sqft (31.18 sqm) | ₹60.19 Lakh |
| Floor 10 | 1001 | 1,051 sqft (97.62 sqm) | ₹1.18 Cr |
| Floor 2 | Office- 202 | 241 sqft (22.36 sqm) | ₹31.04 Lakh |
| Floor 2 | Office- 203 | 519 sqft (48.24 sqm) | ₹66.97 Lakh |
| Floor 2 | Office- 205 | 630 sqft (58.54 sqm) | ₹81.27 Lakh |
| Floor 2 | Office- 206 | 610 sqft (56.66 sqm) | ₹78.66 Lakh |
| Floor 2 | Office- 207 | 465 sqft (43.22 sqm) | ₹60.00 Lakh |
| Floor 2 | Office- 208 | 252 sqft (23.43 sqm) | ₹32.53 Lakh |
| Floor 3 | Office- 301 | 797 sqft (74.08 sqm) | ₹1.03 Cr |
| Floor 3 | Office- 306 | 610 sqft (56.66 sqm) | ₹78.66 Lakh |
| Floor 3 | Office- 308 | 321 sqft (29.85 sqm) | ₹41.44 Lakh |
| Floor 3 | Office- 309 | 366 sqft (34.01 sqm) | ₹47.21 Lakh |
| Floor 4 | Office- 401 | 549 sqft (51 sqm) | ₹70.80 Lakh |
| Floor 4 | Office- 402 | 499 sqft (46.38 sqm) | ₹64.38 Lakh |
| Floor 4 | Office- 403 | 228 sqft (21.18 sqm) | ₹29.40 Lakh |
| Floor 4 | Office- 404 | 274 sqft (25.48 sqm) | ₹35.37 Lakh |
| Floor 4 | Office- 407 | 653 sqft (60.69 sqm) | ₹84.25 Lakh |
| Floor 4 | Office- 408 | 1,130 sqft (104.95 sqm) | ₹1.46 Cr |
| Floor 4 | Office- 410 | 294 sqft (27.35 sqm) | ₹37.97 Lakh |
| Floor 5 | Office- 501 | 788 sqft (73.17 sqm) | ₹1.02 Cr |
| Floor 5 | Office- 506 | 278 sqft (25.87 sqm) | ₹35.91 Lakh |
| Floor 5 | Office- 507 | 297 sqft (27.56 sqm) | ₹38.26 Lakh |
| Floor 5 | Office- 508 | 305 sqft (28.32 sqm) | ₹39.31 Lakh |
| Floor 5 | Office- 509 | 321 sqft (29.85 sqm) | ₹41.44 Lakh |
| Floor 6 | 604 | 436 sqft (40.46 sqm) | ₹49.00 Lakh |
| Floor 8 | 801 | 1,051 sqft (97.62 sqm) | ₹1.18 Cr |
| Ground/Floor 0 | Shop- 1 | 1,284 sqft (119.26 sqm) | ₹2.30 Cr |
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+13 and 90 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building- 1 | 1 | G+13 | 90 | - |
Unit mix on the filing: 30 residential and 60 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
Located at Near New Girls English School, Ram Maruti Road, Thane, Thane, 400602. Per the filed land record, the plot is bounded to the north by Bhavani Building, to the south by Fen-Kin Capital Building, to the east by Ram Maruti Road and to the west by Sahayog Mandir Building. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 11 km |
| Andheri MIDC / SEEPZ | 13 km |
| Chhatrapati Shivaji Int'l Airport | 16 km |
| Bandra Kurla Complex (BKC) | 18 km |
| Lower Parel / Worli business district | 26 km |
| Nariman Point / Fort | 33 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 Windsor?
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
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Borkar Realty is the promoter on 2 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).
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