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Detailed Report

ROYAL ISHANA PHASE 1

P52100022937 · MahaRERA · https://gethorizon.in/projects/royal-ishana-phase-1-thergaon-mulshi-mzsnluel

01

Complete project overview

MahaRERA · Registration filing
Project name
ROYAL ISHANA PHASE 1
Units
47 units
Mix
28 × 2 BHK · 19 × 1 BHK
Carpet area
37–63 sq mper-unit range, as filed
Floors
9
Buildings
2
Parking
10 spaces
Land area
6,000 sq m
Sanctioned built-up
3,349 sq m
Recreational open space
600 sq m

Timeline

RERA registeredNov 2019
Proposed completionJun 2022
TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

47 units across 8 batches
TypeArea sq mCount
2 BHK614
2 BHK628
2 BHK614
2 BHK634
2 BHK624
2 BHK624
1 BHK4112
1 BHK377

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

MahaRERA · Builder registration

Shree Venkateshwara Properties

PartnershipPromoter type
Pune, MAHARASHTRABased in
2Projects
1City
2019–2024Active
Timelineevery project, start → promised completion
royal ishana phase 2ROYAL ISHANA PHASE 1

ROYAL ISHANA PHASE 1

this project
Residential / Group Housing
Nov 2019registered
Jun 2022target completion
47 flats3,349 sq m
Builder DNAthe whole portfolio, summed
183 homeson the public record across 2 projects
14,446 sq mbuilt-up filed
12,000 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 Shree Venkateshwara Properties— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 196 new projects last year
  • 2,122 nearby projects
1 km radius · coordinates as filed · 18.6075, 73.7663 · © OpenStreetMap contributors
Village
Thergaon
Taluka
Mulshi
District
Pune
Pincode
411033
Survey no.
survey no 16
North boundary
remaining land of survey no 16 1 a
East boundary
survey no 16 2
South boundary
road
West boundary
ivana society
What’s nearby
Schools2 schools within 500m · 11 educational institutions within 1km · Library 1.5km away
HealthcareHospital 362m away · 11 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 701m away · 31+ restaurants and cafes within 1km
ShoppingSupermarket 803m away · Convenience store within 1km · Bank 570m away
Getting around
Expressway 1.5 kmPrimary road 450 m · Gujarnagar FlyoverRailway line 4.0 km · Mumbai–Pune RailwayMetro station 2.1km away (Wakad Chowk metro Station)Bus stop within 1km
Water & environment
Water body 1.3 km
distances only — not a flood assessment
04

Satellite view of the site

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

Open ground within ~44 m of the recorded location until 2020; a building is first visible in 2021 and is about 30 m tall by 2023.

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 ~44 m of the filed location.

Satellite photographs of the same ground

Feb 2017
Feb 2023
Apr 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

  • A building is first visible in 2021.
  • 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 ~44 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

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.

₹70,134per sq yd
₹83,880per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Thergaon”.
In force
2026-2027 schedule
Spread
₹61,087 – ₹70,134 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 village, and says so above. How Horizon decides what to show.
07

Other projects nearby

The register · within 25 km

3,267 residential projects still under way within 25 km. Step out ring by ring:

Of the 2,122 projects the radar draws within 6 km — every kind, every stage — 715 are residential projects still under way. This list keeps only those, and looks further out.

21 projects within 1 km — showing the nearest 6.

380 m awayResidential / Group Housing

Ace Ayodhya

Ace Venkateshwara Realty · Thergaon · Mulshi

May 2026registered
Dec 2030target completion
⚠ 1 open complaintGovernment Guidance Rate₹70,134/sq ydScale594 flatsAuthorityMahaRERA
Open the read
420 m awayResidential / Group Housing

Ace Ayodhya Phase II

Ace Venkateshwara Realty · Thergaon · Mulshi

Jul 2026registered
Dec 2031target completion
Government Guidance Rate₹70,134/sq ydScale240 flatsAuthorityMahaRERA
Open the read
420 m awayResidential / Group Housing

Aeternaa - B Wing Phase 2

KORELH REALLTECH LLP · Thergaon · Mulshi

Aug 2026registered
Dec 2031target completion
Government Guidance Rate₹70,134/sq ydScale18 flatsAuthorityMahaRERA
Open the read
450 m awayResidential / Group Housing

Millennium Emerald

MILLENNIUM PROPERTIES · Wakad · Mulshi

Oct 2022registered
Dec 2026target completion
Government Guidance Rate₹68,746/sq ydScale113 flatsAuthorityMahaRERA
Open the read
460 m awayResidential / Group Housing

Aeternaa - C Wing Phase 1

KORELH REALLTECH LLP · Thergaon · Mulshi

Jul 2024registered
Dec 2027target completion
Government Guidance Rate₹70,134/sq ydScale76 flatsAuthorityMahaRERA
Open the read
500 m awayResidential / Group Housing

Urban Skyline Phase I

Urban Space Creators · Ravet · Haveli

Sep 2020registered
Jun 2027target completion
Government Guidance Rate₹57,684/sq ydScale414 flatsAuthorityMahaRERA
Open the read

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. 06Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  7. 07Other 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/royal-ishana-phase-1-thergaon-mulshi-mzsnluel.

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.