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Detailed Report

ELYSIA D-4

P51700080101 · MahaRERA · https://gethorizon.in/projects/elysia-d-4-thane-m-corp-83hstnal

01

Complete project overview

MahaRERA · Registration filing
Project name
ELYSIA D-4
Units
317 units
Floors
51
Buildings
2
Parking
166 spaces
Land area
2,680 sq m
Sanctioned built-up
22,461 sq m
Recreational open space
8,718 sq m

Timeline

RERA registeredApr 2025
Proposed completionDec 2031
TodaySep 2026
Construction progress
Excavation0%
Basement (if any)0%
Podiums0%
Plinth0%
Stilt floor0%
Superstructure0%
Internal finishes0%
Flat fit-out0%
Stairs & lifts0%
External finishes0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Treatment And Disp…0%
Solid Waste Manage…0%
Water conservation…0%
Energy managemcnt0%
Fire protection an…0%
Electrical meter r…0%
Aggregate area of …0%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

VIHANG INFRASTRUCTURE PVT LTD

CompanyPromoter type
Thane, MAHARASHTRABased in
6Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
1,617 homeson the public record across 6 projects
1,00,719 sq mbuilt-up filed
1,49,472 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from VIHANG INFRASTRUCTURE PVT LTD— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 40 new projects last year
  • 716 nearby projects
1 km radius · coordinates as filed · 19.2665, 72.9619 · © OpenStreetMap contributors
Village
Thane (M Corp.)
Taluka
Thane
District
Thane
Pincode
400615
Survey no.
69/1/1,69/1/2, 69/3A/1, 69/3A/2, 69/4, 69/5/1, 69/5/2, 69/6, 72/4/A, 72/4/B, 72/4/C, 72/4/D, 72/4/E, 74/1/1B, 74/1/2A, 74/1/2B, 74/1/3A, 74/1/3B, 74/3/1, 74/3/2, 74/5, 74/2/B, 74/2A/1, 74/2A/2, 74/4, 75/1/A 75/1/B, 75/2/B, 75/2/C, 77/2, 77/3, 77/1/2, 77/1/3, 78/3/A/1, 78/3/A/2, 78/3/B/1, 78/3/B/2, 78/3/B/3, 78/4/A, 78/4/B 78/1/B, 78/1/D, 78/1/E, and 76
North boundary
N191607
East boundary
1N191604
South boundary
N191607
West boundary
IN191607
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 576m away · 1 clinic within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 358m away · Bank 955m away
Getting around
Expressway 1.7 kmPrimary road 479 m · Kasarvadavali flyoverRailway line 4.2 kmMetro station 1.2km away (Gowniwada Station)2 bus stops within 500m
Water & environment
Water body 808 m
distances only — not a flood assessment
04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

The yearly satellite view ends in 2023 and this project started in 2025, so it does not cover this project's construction: the site was still open ground within ~29 m of the recorded location when the series ends. The 2026 image shows the site more recently.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~29 m of the filed location.

Satellite photographs of the same ground

Mar 2017
Feb 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~29 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • The yearly site view ends in 2023, before this project started in 2025.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹60,034per sq yd
₹71,800per sq m
Which rate
residential flat (built)
Matched to
The middle rate across the 101 divisions of “Thane (M Corp.)” — the city's middle, not this project's own division.
In force
2026-2027 schedule
Spread
₹26,923₹1,55,185 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of city, and says so above. How Horizon decides what to show.
06

Planning authority

MahaRERA · Approved building plan

Thane Municipal Corporation

Municipal Corporation
Building Permit
Survey no. 69/1/1,69/1/2, 69/3A/1, 69/3A/2, 69/4, 69/5/1, 69/5/2, 69/6, 72/4/A, 72/4/B, 72/4/C, 72/4/D, 72/4/E, 74/1/1B, 74/1/2A, 74/1/2B, 74/1/3A, 74/1/3B, 74/3/1, 74/3/2, 74/5, 74/2/B, 74/2A/1, 74/2A/2, 74/4, 75/1/A 75/1/B, 75/2/B, 75/2/C, 77/2, 77/3, 77/1/2, 77/1/3, 78/3/A/1, 78/3/A/2, 78/3/B/1, 78/3/B/2, 78/3/B/3, 78/4/A, 78/4/B 78/1/B, 78/1/D, 78/1/E, and 76
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Thane Municipal Corporation

Municipal corporation

Has approved 489 RERA projects2.4% of Maharashtra.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
318
On record
7,890 flats · 0 plots
Reach
5 districts
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by MahaRERA

08

Other projects nearby

The register · within 25 km

4,409 residential projects still under way within 25 km. Step out ring by ring:

Of the 716 projects the radar draws within 6 km — every kind, every stage — 199 are residential projects still under way. This list keeps only those, and looks further out.

36 projects within 1 km — showing the nearest 6.

70 m awayOthers

ELITA D3

VIHANG INFRASTRUCTURE PVT LTD · Thane

Apr 2022registered
Dec 2029target completion
Government Guidance Rate₹60,034/sq ydScale324 flatsAuthorityMahaRERA
90 m awayResidential / Group Housing

vihang valley

VIHANG INFRASTRUCTURE PVT LTD · Thane

Aug 2017registered
Dec 2026target completion
Government Guidance Rate₹60,034/sq ydScale468 flatsAuthorityMahaRERA
180 m awayResidential / Group Housing

RAUNAK 108

UNNATHI ASSOCIATES · Thane

Mar 2021registered
Jun 2026target completion
1 open complaintGovernment Guidance Rate₹60,034/sq ydScale760 flatsAuthorityMahaRERA
300 m awayResidential / Group Housing

NORTH IMPERIAL GREENS -TOWER 2

Skylark Buildspace Private Limited · Thane

Feb 2024registered
Dec 2031target completion
Government Guidance Rate₹60,034/sq ydScale1,016 flatsAuthorityMahaRERA
430 m awayOthers

HORIZON PEARL

KM DEVELOPERS · Thane

May 2023registered
Apr 2027target completion
Government Guidance Rate₹60,034/sq ydScale170 flatsAuthorityMahaRERA
430 m awayResidential / Group Housing

Horizon Pearl II

KM Developers · Thane

Mar 2025registered
Dec 2028target completion
Government Guidance Rate₹60,034/sq ydScale151 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: as filed with MahaRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  6. 06Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • Court cases, as declared by the builder, in its MahaRERA filing.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/elysia-d-4-thane-m-corp-83hstnal.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.