80 m awayResidential / Group Housing
Nivedhan Co-Op. Hsg. Soc. Ltd
Sanghvi Bricks LLP · Thane
Jan 2026registered
Jun 2027target completion
Government Guidance Rate₹60,034/sq ydScale47 flatsAuthorityMahaRERA
HORIZONSearch & explore India’s real estate — the whole picture. gethorizon.in1.2 lakh+ projects · 78k+ builders · 600+ micro-markets · across 22 states
Detailed ReportSHREE SHANKHESHWAR ASHISH
01
Complete project overview
MahaRERA · Registration filing- Units
- 138 units
- Floors
- 25
- Buildings
- 4
- Parking
- 1 spaces
- Land area
- 3,532 sq m
- Sanctioned built-up
- 11,255 sq m
Timeline
RERA registeredJun 2022
Proposed completionDec 2026
TodaySep 2026
Construction progressPer-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
Podiums0%
Treatment And Disp…0%
Energy managemcnt0%
Water Supply90%
Excavation100%
Basement (if any)100%
Plinth100%
Stilt floor100%
Superstructure100%
Internal finishes100%
Flat fit-out100%
Stairs & lifts100%
External finishes100%
OC-readiness100%
Sewerage (Chamber,…100%
Storm Water Drains100%
Landscaping & Tree…100%
Water conservation…100%
Fire protection an…100%
Electrical meter r…100%
02
Builder’s track record
MahaRERA · Builder registrationRAJARAM CONSTRUCTION
PartnershipPromoter type
Thane, MAHARASHTRABased in
5Projects
1City
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
554 homeson the public record across 5 projects
34,876 sq mbuilt-up filed
18,500 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.
Planning authoritiesthis builder's portfolio, by approving body
Mumbai Metropolitan Region Development AuthorityMetropolitan Development Authoritythis project1 of 2 projects
Thane Municipal CorporationMunicipal Corporation1 of 2 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.
03
Location
MahaRERA · Registration filing- This project
- 158 new projects last year
- 1,572 nearby projects
- Village
- Thane (M Corp.)
- Taluka
- Thane
- District
- Thane
- Pincode
- 400601
- Survey no.
- TIKA NO 8, CTS NO 133/1B/1/2, CTS NO. 134
- North boundary
- CTS NO 159
- East boundary
- CTS NO 142-151-138B-141-136-137
- South boundary
- CTS NO 58
- West boundary
- CTS NO 133-1 B-3
What’s nearby
Schools1 school within 1km · College or university 1.5km away · Library 883m away
HealthcareHospital 80m away · 6 clinics within 1km · Pharmacy within 1km
Lifestyle1 park within 500m · Gym or sports centre 1.6km away · 7 restaurants and cafes within 1km
ShoppingSupermarket 748m away · Mall 861m away · Bank 438m away
Getting around
Expressway 767 mPrimary road 82 m · Lal Bahadur Shastri MargRailway line 739 mRailway station 1.8km away (Thane)24 bus stops within 500m
Water & environment
Water body 185 m
distances only — not a flood assessment04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryOpen ground within ~34 m of the recorded location until 2021; a building is first visible in 2022 and is about 56 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 ~34 m of the filed location.
Satellite photographs of the same ground
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 2022.
- 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 ~34 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 RatesIn 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 planBuilding Permit
Survey no. TIKA NO 8, CTS NO 133/1B/1/2, CTS NO. 134
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
Mumbai Metropolitan Region Development Authority
Metropolitan / development authorityHas approved 152 RERA projects — 0.8% of Maharashtra.
an apartments market — 99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 93
- On record
- 7,406 flats · 157 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.
07
Complaints & litigation
MahaRERA · public recordNone on record with MahaRERA against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
Court cases, as declared
Declared by the builder3 cases · 3 disposed · 0 open
| Number | Forum | Date | Status | |
|---|---|---|---|---|
| 672 | Joint Civil Judge Senior Division · Jt. Civil Judge, Sr. Division · Thane | 2019 | Closed | |
| 486 | Joint Civil Judge Senior Division · 7th Jt. Civil Judge, S.D. · Thane | 2016 | Closed | |
| 165 | Additional District Judge · District Judge · Thane | 2016 | Closed |
What the builder declared
Declared to MahaRERA- Encumbrance
- Declared financial encumbrance on the projectworth checking
The builder's own declaration at registration — not a court's or MahaRERA's finding. A flagged line is worth checking with MahaRERA.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with MahaRERA, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within 25 km4,805 residential projects still under way within 25 km. Step out ring by ring:
Of the 1,572 projects the radar draws within 6 km — every kind, every stage — 528 are residential projects still under way. This list keeps only those, and looks further out.
24 projects within 1 km — showing the nearest 6.
160 m awayOthers
JVMs Emerald
JVM LIFESPACES · Thane
Jan 2025registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale29 flatsAuthorityMahaRERA
170 m awayMixed
SHREE GANGADHAR CHSL
SHRUSTI ARENA · Thane
Sep 2026registered
May 2029target completion
Government Guidance Rate₹60,034/sq ydScale33 flatsAuthorityMahaRERA
180 m awayResidential / Group Housing
omkarparinita
MAGNUM HOMES · Thane
Jul 2025registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale38 flatsAuthorityMahaRERA
220 m awayResidential / Group Housing
Nakhuda
Holy Square Realty · Thane
Mar 2021registered
Jun 2026target completion
Government Guidance Rate₹60,034/sq ydScale25 flatsAuthorityMahaRERA
230 m awayResidential / Group Housing
JACQUELINE APARTMENT CO-OPERATIVE HOUSING SOCIETY LTD
HIGH LEAP · Thane
Jun 2025registered
Apr 2028target completion
Government Guidance Rate₹60,034/sq ydScale31 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.
- 01Complete project overview
- The project's registration filing with MahaRERA, as the builder submitted it.
- 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.
- 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).
- 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).
- 05Government Guidance Rate
- Maharashtra IGR — Annual Statement of Rates.
- 06Planning authority
- MahaRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- Court cases, as declared by the builder, in its MahaRERA filing.
- 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/shree-shankheshwar-ashish-thane-m-corp-rmkngh5a.
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.