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Mahavir Spring -Daffodils-P3

P51700045504 · MahaRERA · https://gethorizon.in/projects/mahavir-spring-daffodils-p3-thane-m-corp-erkhlk2w

01

Complete project overview

MahaRERA · Registration filing
Project name
Mahavir Spring -Daffodils-P3
Units
490 units
Floors
54
Buildings
2
Parking
525 spaces
Land area
12,148 sq m
Sanctioned built-up
9,567 sq m
Recreational open space
3,040 sq m

Timeline

RERA registeredMay 2022
Proposed completionDec 2027
TodaySep 2026
Construction progress
Flat fit-out0%
External finishes0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Solid Waste Manage…0%
Water conservation…0%
Energy managemcnt0%
Fire protection an…0%
Electrical meter r…0%
Aggregate area of …0%
Internal finishes20%
Stairs & lifts85%
Superstructure98%
Excavation100%
Basement (if any)100%
Podiums100%
Plinth100%
Stilt floor100%
Sewerage (Chamber,…100%
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

Vinayak Developers

PartnershipPromoter type
Mumbai Suburban, MAHARASHTRABased in
55Projects
26Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
3,775 homes · 1,286 plotson the public record across 55 projects
1,70,000 sq mbuilt-up filed
78,001 sq mplotted area
2,08,116 sq mland declared
₹395.96 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Ahmedabad Municipal CorporationMunicipal / Corporation5 of 35 projects
Thane Municipal CorporationMunicipal Corporationthis project4 of 35 projects
Jaipur Development AuthorityDevelopment Authority3 of 35 projects
Vadodara Municipal CorporationMunicipal / Corporation3 of 35 projects
Ahmedabad Urban Development AuthorityUrban Development Authority2 of 35 projects
IndoreTown & Country Planning (DTCP)2 of 35 projects
Others2 of 35 projects
UjjainTown & Country Planning (DTCP)2 of 35 projects
Bhavnagar Area Development AuthorityUrban Development Authority1 of 35 projects
Dabhoi MunicipalityMunicipal / Corporation1 of 35 projects
Halol MunicipalityMunicipal / Corporation1 of 35 projects
HardaTown & Country Planning (DTCP)1 of 35 projects
Kalyan Dombivli Municipal CorporationMunicipal Corporation1 of 35 projects
Nagar PalikaMunicipal Council1 of 35 projects
NarmadapuramTown & Country Planning (DTCP)1 of 35 projects
New Barrackpore MunicipalityMunicipality1 of 35 projects
Pimpri Chinchwad Municipal CorporationMunicipal Corporation1 of 35 projects
Rajkot Municipal CorporationMunicipal / Corporation1 of 35 projects
Surat Municipal CorporationMunicipal / Corporation1 of 35 projects
Veraval Taluka Panchayat And Junagadh Nagar Niyojak1 of 35 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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 Vinayak Developers— the full portfolio →

03

Location

MahaRERA · Registration filing
Village
Thane (M Corp.)
Taluka
Thane
District
Thane
Pincode
400610
Survey no.
S No 280/4/1,415/1/4,289/2/2/4,289/2/4/2,415/1/5
North boundary
PG Reservation
East boundary
Ma Niketan
South boundary
Adjoining Plot
West boundary
DP Road
What’s nearby
Schools2 schools within 500m · 3 educational institutions within 1km · Library 539m away
HealthcareHospital 211m away · Clinic within 2km · Pharmacy within 500m
LifestylePark 574m away · Gym or sports centre 1.4km away · 13+ restaurants and cafes within 1km
ShoppingSupermarket 1.2km away · Mall 1.5km away · Bank 403m away
Getting around
Expressway 1.8 km · Thane Ghodbunder RoadPrimary road 1.7 km · Eastern Express TurnpikeRailway line 2.2 kmMetro station 1.8km away (Kapurbawdi Station)15 bus stops within 500m
Water & environment
Water body 425 m
distances only — not a flood assessment
04

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.
05

Planning authority

MahaRERA · Approved building plan

Thane Municipal Corporation

Municipal Corporation
Building Permit
Survey no. S No 280/4/1,415/1/4,289/2/2/4,289/2/4/2,415/1/5
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

07

Other projects nearby

The register · within 25 km

4,815 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,510 projects the radar draws within 6 km — every kind, every stage — 489 are residential projects still under way. This list keeps only those, and looks further out.

13 projects within 1 km — showing the nearest 6.

300 m awayResidential / Group Housing

Serein Phase II

ARDENT PROPERTIES PRIVATE LIMITED · Thane

Aug 2023registered
May 2027target completion
Government Guidance Rate₹60,034/sq ydScale104 flatsAuthorityMahaRERA
320 m awayResidential / Group Housing

ZEN

NEELKANTH REALTORS PVT LTD · Thane

Feb 2023registered
Dec 2026target completion
Government Guidance Rate₹60,034/sq ydScale83 flatsAuthorityMahaRERA
390 m awayResidential / Group Housing

Courtyard - Asteria A

COURTYARD REAL ESTATE PRIVATE LIMITED · Thane

Nov 2022registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale211 flatsAuthorityMahaRERA
410 m awayResidential / Group Housing

Courtyard - Asteria B

COURTYARD REAL ESTATE PRIVATE LIMITED · Thane

Nov 2022registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale211 flatsAuthorityMahaRERA
430 m awayMixed

MAHAVIR TRANQUIL

VINAYAK REALTY · Thane

Dec 2025registered
Dec 2029target completion
Government Guidance Rate₹60,034/sq ydScale107 flatsAuthorityMahaRERA
640 m awayResidential / Group Housing

RAUNAK SERENE

RAUNAK CORPORATION · Thane

May 2022registered
Dec 2028target completion
1 open complaintGovernment Guidance Rate₹60,034/sq ydScale208 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.