Home / Browse projects / Thane, Maharashtra / AVANTIKA
AVANTIKA
By SIYARA REALTY PRIVATE LIMITED
RG-MH-18519 · RERA P51700077257 · Last updated on MahaRERA portal: 20 May 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations.
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AVANTIKA is a Residential / Group Housing project by SIYARA REALTY PRIVATE LIMITED in Thane, Maharashtra, registered with MahaRERA as P51700077257 on 31 Jul 2024. Possession is promised by 31 Dec 2028. 76 of the 200 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameAVANTIKA
- TypeResidential / Group Housing
- Location
- TEMGHAR
- Bhiwandi (M Corp.)
- Bhiwandi
- Thane
- 421302
- Pincode421302
- RERA no.P51700077257
- ReraGenie IDRG-MH-18519
Builder
- NameSIYARA REALTY PRIVATE LIMITED
- Entity typeCompany
- CINU41001MH2023PTC404661
- GSTIN27ABLCS0457Q1ZL
- CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
- DirectorsKAPIL PUNJALAL PATEL, RAJESH PUNJALAL PATEL
- Other registrations3 more →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on31 Jul 2024
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings1 building record
- Documents filed56 files
Current status
Figures as on 20 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AVANTIKA | NA | 27 | 25 | 200 | 0 | 200 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 20 May 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 63%.
AVANTIKA: 35% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 63% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 25% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 20 May 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed93
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership7
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Sajid Moinuddin Kharbe | Bhiwandi (M Corp.) | Thane |
| Vijaykumar Bhawarlal jain | Bhiwandi (M Corp.) | Thane |
| Rajendrakumar Bhawarlal Jain | Bhiwandi (M Corp.) | Thane |
| Bharat Bhawarlal Jain | Bhiwandi (M Corp.) | Thane |
| Bhamini Ram Bhoi | Bhiwandi (M Corp.) | Thane |
| Chaitanya Ram Bhoi | Bhiwandi (M Corp.) | Thane |
| Babita Chandrashekhar Gupta | Bhiwandi (M Corp.) | Thane |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| AVANTIKA | NA | Rs 41.86 cr | Rs 17.56 cr |
| - | NA | Rs 7.00 lakh | - |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | R K ASSOCIATES |
| Engineer | ASCON AARNA STRUCTURAL CONSULTANTS |
| Engineer | S K STRUCTURAL ENGINEERING |
| Chartered Accountant | N D CHHEDA and Associates |
| Chartered Accountant | Nakrani and Co |
| Partner | Role in project |
|---|---|
| SIYARA REALTY PRIVATE LIMITED | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 17 Jul 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 Jun 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 13 Jun 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Jun 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2028
Documents filed56
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: FORM_1_Avantika_Q4_FY 2025-26_Signed.pdf | 20 May 2026 |
| Withdrawal Update Form 2File: FORM_2_Avantika_Q4_FY 2025-26_Signed.pdf | 20 May 2026 |
| Withdrawal Update Form 3File: Form3_Avantika_Q4_Fy2025-26_Signed.pdf | 20 May 2026 |
| Withdrawal Update Form 1File: FORM_1_AVANTIKA_Q3_FY 2025-26_signed.pdf | 24 Jan 2026 |
| Withdrawal Update Form 2File: FORM_2_AVANTIKA_Q3_FY 2025-26_signed.pdf | 24 Jan 2026 |
| Withdrawal Update Form 3File: FORM 3 AVANTIKA Q3 FY 2025-26 signed.pdf | 24 Jan 2026 |
| Form 2A (FY 2024-2025)File: FORM_2A_AVANTIKA_FY 2024-25-Signed.pdf | 17 Dec 2025 |
| Withdrawal Update Form 1File: FORM_1_Avantika_Q2_FY_2025-26_signed.pdf | 27 Nov 2025 |
| Withdrawal Update Form 2File: FORM_2_Avantika_Q2_FY_2025-26_signed.pdf | 27 Nov 2025 |
| Withdrawal Update Form 3File: FORM_3_AVANTIKA_Q2_FY_2025-26_Signed.pdf | 27 Nov 2025 |
| Form 1File: AVANTIKA_FORM1_Q4_2024-25.pdf | 13 Aug 2025 |
| Form 2File: AVANTIKA_FORM2_Q4_2024-25.pdf | 13 Aug 2025 |
| Form 3File: Form 3_Avantika_Siyara Realty_Q4_Signed.pdf | 13 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold booked inventory_Mar 25_Avantika.pdf | 13 Aug 2025 |
| Withdrawal Update Form 1File: Form 1_Avantika_Q1_FY 2025-26_signed.pdf | 13 Aug 2025 |
| Withdrawal Update Form 2File: Form 2_Avantika_Q1_FY 2025-26_signed.pdf | 13 Aug 2025 |
| Withdrawal Update Form 3File: Form_3_Avantika_Q1_2025-26-Signed.pdf | 13 Aug 2025 |
| Form 5 (FY 2024-2025)File: Form 5_Avantika_FY 24-25_System genearated_Signed.pdf | 27 Jun 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AVANTIKA_FORM1_Q4_2024-25.pdf | 17 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Avantika_Siyara Realty_Q4_Signed.pdf | 17 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: AVANTIKA_FORM2_Q4_2024-25.pdf | 17 May 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold booked inventory_Mar 25_Avantika.pdf | 17 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Architect Certificate_Avantika-Dec 24.pdf | 28 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Avantika_Siyara Realty_Dec 24_Signed.pdf | 28 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form II_AVANTIKA_Dec 24.pdf | 28 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM I_Architect Certiifcate_Q2_FY 2024-2025.pdf | 23 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Avantika_Siyara Realty_Q2_FY 24-25_Signed.pdf | 23 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_Engineer Certificate Q2_FY 2024-2025.pdf | 23 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: Finance Encumbarance_Avantika_Siyara Realty Pvt Ltd.pdf | 14 Oct 2024 |
| Details of encumbrances concerned to LegalFile: Finance Encumbarance_Avantika_Siyara Realty Pvt Ltd.pdf | 14 Oct 2024 |
| Details of encumbrances concerned to FinanceFile: Finance Encumbarance_Avantika_Siyara Realty Pvt Ltd.pdf | 14 Oct 2024 |
| Details of encumbrances concerned to LegalFile: Finance Encumbarance_Avantika_Siyara Realty Pvt Ltd.pdf | 14 Oct 2024 |
| Copy of the legal title reportFile: Legal Title Report_Avantika 04-07-2024.pdf | 17 Jul 2024 |
| Deviation Report with respect to Allotment letterFile: DEVIATION REPORT WITH RESPECT TO ALLOTMENT LETTER_AVANTIKA.pdf | 17 Jul 2024 |
| Proforma of Allotment letterFile: 04072024 Allotment letter Avantika.pdf | 4 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Avantika_Siyara Realty.pdf | 27 Jun 2024 |
| Proforma of Agreement for saleFile: Draft_AFS_AVANTIKA_Final.pdf | 27 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form I Architect Certificate_Avantika.pdf | 21 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form II_Engineer Certificate_Avantika.pdf | 21 Jun 2024 |
| Other - LegalFile: Annx A_Order 50_Avantika.pdf | 21 Jun 2024 |
| Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMNT CERTIFICATE_Avantika.pdf | 20 Jun 2024 |
| Declaration in FORM BFile: FORM B_Developers_Avantika Project.pdf | 20 Jun 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report with respect to Model Cpoy of Agreement_Avantika.pdf | 20 Jun 2024 |
| Details of encumbrances concerned to FinanceFile: Declaration Of No Finance Encumbrances_Avantika.pdf | 19 Jun 2024 |
| Details of encumbrances concerned to FinanceFile: Declaration Of No Legal Encumbrances_Avantika.pdf | 19 Jun 2024 |
| Details of encumbrances concerned to LegalFile: Declaration Of No Finance Encumbrances_Avantika.pdf | 19 Jun 2024 |
| Details of encumbrances concerned to LegalFile: Declaration Of No Legal Encumbrances_Avantika.pdf | 19 Jun 2024 |
| CERSAI detailsFile: Declaration Of Non Applicability Of report Form Cersai_Avantika.pdf | 19 Jun 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: INTEREST IN OTHER ORGANIZATION_Avantika.pdf | 19 Jun 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Seperate Bank Ac For real estate Project_Avantika.pdf | 19 Jun 2024 |
| Layout approvalFile: Builidng Plan B Plot_A building.pdf | 13 Jun 2024 |
| Building plan approvalFile: Project Layout Plan B Plot_A Building.pdf | 13 Jun 2024 |
| Copy of Layout Approval (in case of layout)File: Builidng Plan B Plot_A building.pdf | 13 Jun 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Project Layout Plan B Plot_A Building.pdf | 13 Jun 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC_Avantika_Siyara Realty.pdf | 13 Jun 2024 |
| PAN CardFile: Pan Card_Siyara Realty Pvt Ltd.pdf | 12 Jun 2024 |
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Buyer report
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Builder: SIYARA REALTY PRIVATE LIMITED
SIYARA REALTY PRIVATE LIMITED has 4 registrations on MahaRERA, including SIYARA AVENUE and AVANTIKA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if AVANTIKA is delayed beyond 31 Dec 2028?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of AVANTIKA?
The registered promoter entity is SIYARA REALTY PRIVATE LIMITED, a company as per the filing. Its CIN U41001MH2023PTC404661 and GSTIN 27ABLCS0457Q1ZL can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in AVANTIKA?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for AVANTIKA?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at AVANTIKA?
The professionals named in the filing: Architect: R K ASSOCIATES; Engineer: ASCON AARNA STRUCTURAL CONSULTANTS; Engineer: S K STRUCTURAL ENGINEERING; Chartered Accountant: N D CHHEDA and Associates; Chartered Accountant: Nakrani and Co. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in AVANTIKA?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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