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BHAIRAAV MILESTONE PHASE II
By Sharpmind Consultancy Services Private Limited
RG-MH-03336 · RERA P51700020951 · Last updated on MahaRERA portal: 17 Jun 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Completion date moved by 48 months
- 3 extensions taken
- Rs 27.00 crore secured on the land, in favour of Aditya Birla Finance Limited
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Thane registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
BHAIRAAV MILESTONE PHASE II is a Commercial project by Sharpmind Consultancy Services Private Limited in Thane, Maharashtra, registered with MahaRERA as P51700020951 on 23 May 2019. Possession is promised by 30 Dec 2026. The completion date has moved by 48 months from the original filing. 75 of the 97 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.
At a glance
Project
- NameBHAIRAAV MILESTONE PHASE II
- TypeCommercial
- Location
- PLOT NO C-15 ROAD NO.16
- WAGALE ESTATE
- Thane (M Corp.)
- Thane
- 400604
- Pincode400604
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700020951
- ReraGenie IDRG-MH-03336
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on23 May 2019
- Promised completion30 Dec 2026
- Revised completionRevised to 30 Dec 2026 (originally 30 Dec 2022)
- Buildings1 building record
- Documents filed164 files
Current status
Figures as on 17 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BHAIRAAV MILESTONE | NA | 11 | 0 | 0 | 97 | 97 |
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 17 Jun 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.
4 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 98%.
BHAIRAAV MILESTONE: 79% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 98% |
| Sanitary Fittings within the flats / premises | 98% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 95% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 88% |
| 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. | 90% |
Progress on shared amenities15
As on 17 Jun 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 97% |
| Street Lighting | Yes | 97% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 98% |
| 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 | 95% |
| Electrical meter room, sub-station, receiving station | Yes | 93% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed98
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 ownership
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
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 |
|---|---|---|---|
| BHAIRAAV MILESTONE | NA | Rs 48.30 cr | Rs 45.47 cr |
| - | NA | Rs 13.70 cr | Rs 12.76 cr |
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 | SUDHIR THORAT |
| Engineer | Ali Abbas Jaffrey |
| Engineer | Akshay Patil |
| Chartered Accountant | Nitesh Jain |
| Chartered Accountant | K.Kaveria & Co. |
| Partner | Role in project |
|---|---|
| Sharpmind Consultancy Services Private Limited | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe have already obtained part OC upto 5th Floor of the Project but due to some technical & administrative factors, NOC is pending as per certain norms and requirements, hence the OC for the 6th floor(Part) could not be obtained. However, the building upto 6th Floor is complete as per the plans submitted in RERA. We will be applying for OC for the 6th Floor units shortly. As per UDPCR 2034, additional FSI has been sanctioned for construction of further floors in the building. Presently, seeking extension for one year so that necessary updating of details can be done to carry out the further dev
Reason as filed by the promoterConstruction upto Part 6 floor has been completed and Occupancy certificate has been duly obtained. Revised commencement certificate has been received from MIDC
Reason as filed by the promoterThe Project ‘Bhairaav Milestone’ is being developed in Phases. Phase I is already completed and OC received. For Phase II, Building is already completed as per approved plans and as per MIDC DCR- 2009. Also, Part OC has been received upto 5th Floor. However, due to some technical & administrative reasons, NOC from the concerned authority is pending as per certain norms and requirements and thereby the OC for the 6th floor(Part) could not be obtained till date, although the building upto 6th Floor is complete in all respects as per the approved plans. Presently, seeking extension so that the pe
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 21 Jun 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 10 May 2019 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 28 May 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Aug 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 25 May 2024
Documents filed164
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 164 are shown. 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: BMT - FORM 1 - Q4.pdf | 17 Jun 2026 |
| Withdrawal Update Form 2File: BMT - FORM 2 - Q4.pdf | 17 Jun 2026 |
| Withdrawal Update Form 3File: SCSPL FORM 3_Q4_MAR 26.pdf | 17 Jun 2026 |
| Form 2A (FY 2025-2026)File: BMT - Form 2A - Qtr 4.pdf | 8 Jun 2026 |
| Withdrawal Update Form 1File: BMT - FORM 1 - Q4.pdf | 1 Jun 2026 |
| Withdrawal Update Form 2File: BMT - FORM 2 - Q4.pdf | 1 Jun 2026 |
| Withdrawal Update Form 3File: SCSPL FORM 3_Q4_MAR 26.pdf | 1 Jun 2026 |
| Withdrawal Update Form 1File: Form 1 Q3 2025 26.pdf | 28 May 2026 |
| Withdrawal Update Form 2File: Form 2-QR-3-2025-26.pdf | 28 May 2026 |
| Withdrawal Update Form 3File: Form 3 Q3 25-26.pdf | 28 May 2026 |
| Form 5 (FY 2025-2026)File: SCSPL FORM 5.pdf | 28 May 2026 |
| Withdrawal Update Form 1File: 2025-07-03 _ARCHITECTS CERTIFICATE.pdf | 8 May 2026 |
| Withdrawal Update Form 1File: Form 1 Q2 2025 26.pdf | 8 May 2026 |
| Withdrawal Update Form 2File: Form 2- QR-1-2025-2026.pdf | 8 May 2026 |
| Withdrawal Update Form 2File: Form 2- QR-1-2025-2026.pdf | 8 May 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 8 May 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 8 May 2026 |
| Withdrawal Update Form 1File: 2025-07-03 _ARCHITECTS CERTIFICATE.pdf | 7 May 2026 |
| Withdrawal Update Form 2File: Form 2- QR-1-2025-2026.pdf | 7 May 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 7 May 2026 |
| Form 1File: Form 1 Q2 2025 26.pdf | 11 Mar 2026 |
| Form 2File: Form 2-QR-2-2025-26.pdf | 11 Mar 2026 |
| Form 3File: Form 3 Q2 25-26.pdf | 11 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: BMT Q2 Sold unsold inventory.pdf | 11 Mar 2026 |
| Form 5 (FY 2024-2025)File: Form 5 2024 25 updated.pdf | 11 Mar 2026 |
| Withdrawal Update Form 1File: Form 1 Q2 2025 26.pdf | 10 Jan 2026 |
| Withdrawal Update Form 1File: Form 1 Q2 2025 26.pdf | 10 Jan 2026 |
| Withdrawal Update Form 2File: Form 2-QR-2-2025-26.pdf | 10 Jan 2026 |
| Withdrawal Update Form 2File: Form 2-QR-2-2025-26.pdf | 10 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 10 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 10 Jan 2026 |
| Withdrawal Update Form 1File: Form 1 Q2 2025 26.pdf | 7 Jan 2026 |
| Withdrawal Update Form 2File: Form 2-QR-2-2025-26.pdf | 7 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 7 Jan 2026 |
| Other - FinanceFile: Financial Encumbrance.pdf | 28 Dec 2024 |
| Details of encumbrancesFile: Encumbrance detail.pdf | 23 Oct 2024 |
| Declaration in FORM BFile: Encumbrance detail.pdf | 23 Oct 2024 |
| OtherFile: BMT Consent format C.pdf | 29 May 2024 |
| Building plan approvalFile: BMT APPROVED AMENDED CC PLAN 191223.pdf | 28 May 2024 |
| Building Plan Approval (IOD)File: BMT APPROVED AMENDED CC PLAN 191223.pdf | 28 May 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC 2019.pdf | 25 May 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: PART OC 2024.pdf | 25 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: BMT Phase II Form 1 Q4 23-24.pdf | 24 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: BMT Phase II Form 2 Q4 23-24.pdf | 24 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: BMT- II RERA FORM 2A FOR JUNE 2023.pdf | 24 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: BMT-II RERA FORM 2A FOR SEP 2023.pdf | 24 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: BMT-Phase II_FORM 2A_FY 23-24_DECEMBER-2023.pdf | 24 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: BMT Phase II Form 2A Q4 23-24.pdf | 24 May 2024 |
| Disclosure of sold/ booked inventoryFile: BMT Phase II Sold Unsold inventory Q4 23-24.pdf | 24 May 2024 |
| Certificates of CA (Form 3)File: SCSPL Form 3 Q4.pdf | 24 May 2024 |
| OtherFile: FORMAT C REVISED.pdf | 20 Apr 2024 |
| OtherFile: Declaration IT Paark.pdf | 18 Apr 2024 |
| Declaration about Commencement CertificateFile: DocScanner Apr 16, 2024 16-53.pdf | 16 Apr 2024 |
| OtherFile: SCSPL Form 3 - Amended.pdf | 16 Apr 2024 |
| Building plan approvalFile: BMT APPROVED AMENDED CC PLAN 19122023.pdf | 11 Apr 2024 |
| Building Plan Approval (IOD)File: BMT APPROVED AMENDED CC PLAN 19122023.pdf | 11 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: BMT - Form 1 - Dec 2023.pdf | 28 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: BMT-Phase II_FORM 2_FY 23-24_DECEMBER-2023.pdf | 27 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: BMT-Phase II_FORM 2A_FY 23-24_DECEMBER-2023.pdf | 27 Feb 2024 |
| Certificates of CA (Form 3)File: SCSPL Form 3 Q 3.pdf | 27 Feb 2024 |
| Certificates of CA (Form 3)File: SCSPL Form 3 - Amended.pdf | 27 Feb 2024 |
| OtherFile: fORM C new.pdf | 22 Feb 2024 |
| OtherFile: Annexure A Unit Nos 201 to 302 Actual Possession letter copies.pdf | 22 Feb 2024 |
| OtherFile: Annexure B Unit Nos 303 to 312 Actual possession letter copies.pdf | 22 Feb 2024 |
| OtherFile: AnnexureC Unit Nos 401 to 512 Actual possession letter copies.pdf | 22 Feb 2024 |
| OtherFile: Annexure D Email consent 610.pdf | 22 Feb 2024 |
| Building plan approvalFile: 4 BMT APPROVED CC REVISED PLAN.pdf | 19 Jan 2024 |
| Building plan approvalFile: BMT MIDC approval Letter internal Modification of unit no 508 509 510.pdf | 19 Jan 2024 |
| Building Plan Approval (IOD)File: 4 BMT APPROVED CC REVISED PLAN.pdf | 19 Jan 2024 |
| Building Plan Approval (IOD)File: BMT MIDC approval Letter internal Modification of unit no 508 509 510.pdf | 19 Jan 2024 |
| CERSAI detailsFile: SCSPL CERSAI REPORT.pdf | 16 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure- Annexure A- ViIvek Jain.pdf | 16 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure- Annexure A- Madanlal P Jain.pdf | 16 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure- Annexure A- Akkshay Jain.pdf | 16 Jan 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: RERA Bank Details BMT.pdf | 16 Jan 2024 |
| Declaration in FORM BFile: Form B Affidavit cum Declaration.pdf | 5 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2 Engineers Certificate on Quality Assurance.pdf | 5 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: LIST OF SOLD UNSOLD INVENTORY DECEMBER QUARTER 2023.pdf | 4 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 SCSPL FY 22-23.pdf | 4 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: BMT-Phase II_FORM 2_FY 23-24_SEPTEMBER-2023.pdf | 20 Dec 2023 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Goldcrest Residency - Phase 2P51700010579 | GHANSOLI, Thane | 316 | Aug 2017 | Ongoing | Dec 2024Registered original: Jun 2021 | Not delivered |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 164 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Sharpmind Consultancy Services Private Limited
Sharpmind Consultancy Services Private Limited has 2 registrations on MahaRERA, including BHAIRAAV MILESTONE and BHAIRAAV MILESTONE PHASE II. Its filings disclose 1 earlier MahaRERA project, none completed yet. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if BHAIRAAV MILESTONE PHASE II is delayed beyond 30 Dec 2026?
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 BHAIRAAV MILESTONE PHASE II?
The registered promoter entity is Sharpmind Consultancy Services Private Limited, a company as per the filing. Its CIN U70100MH1995PTC087297 and GSTIN 27AABCS3989A1ZB 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 BHAIRAAV MILESTONE PHASE II?
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 BHAIRAAV MILESTONE PHASE II?
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 BHAIRAAV MILESTONE PHASE II?
The professionals named in the filing: Architect: SUDHIR THORAT; Engineer: Ali Abbas Jaffrey; Engineer: Akshay Patil; Chartered Accountant: Nitesh Jain; Chartered Accountant: K.Kaveria & 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 BHAIRAAV MILESTONE PHASE II?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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