Home / Browse projects / Thane, Maharashtra / DREAM IKON
DREAM IKON
RG-MH-05295 · RERA P51700050862 · Last updated on MahaRERA portal: 24 Apr 2026
Source: official MahaRERA filing
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Red flags
- 3 complaints at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
1 condition is 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.
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DREAM IKON is a Commercial project by DREAM IKON REALTORS in Thane, Maharashtra, registered with MahaRERA as P51700050862 on 9 May 2023. Possession is promised by 31 Dec 2027. 339 of the 477 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete. 3 complaints are on record with the regulator.
At a glance
Project
- NameDREAM IKON
- TypeCommercial
- Location
- PLOT NO D-223/B IN THE TTC AREA MIDC
- VILLAGE SHIRAVANE NERUL NAVI MUMBAI
- Navi Mumbai (M Corp.)
- Thane
- 400706
- Pincode400706
- RERA no.P51700050862
- ReraGenie IDRG-MH-05295
Builder
- NameDREAM IKON REALTORS
- Entity typePartnership
- PartnersVICKY SHYAMLAL ARTWANI, VIKESH K CHOITHRAMANI
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on9 May 2023
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed105 files
Current status
Figures as on 24 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| DREAM IKON | NA | 17 | 11 | 0 | 477 | 477 |
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 24 Apr 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.
6 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 30%.
DREAM IKON: 60% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| 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 | 30% |
| 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 24 Apr 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 | 0% |
| Water Supply | Yes | 20% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| 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 | No | Not applicable |
Parking filed368
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
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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 |
|---|---|---|---|
| DREAM IKON | NA | Rs 110.00 cr | Rs 52.80 cr |
Certifying professionals and partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | D G SHAH & ASSOCIATES |
| Architect | VIJAY ARVIND PATHAK |
| Engineer | CSE CONSULTANTS |
| Engineer | RAJESH SHAH |
| Chartered Accountant | J B PATEL & ASSOCIATES |
| Chartered Accountant | DEEPAK GOVIND PATEL |
| Chartered Accountant | MANOJ GOVIND BARVADIYA |
| Partner | Role in project |
|---|---|
| DREAM IKON REALTORS | - |
Complaints filed with MahaRERA3
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12601342 | Gaurav Jaiswal | DREAM IKON REALTORS | 11/03/2026 |
| CC12602486 | SHAIKH NARGIS JAHAN | DREAM IKON REALTORS | 28/04/2026 |
| CC12604010 | Shivam Shukla | DREAM IKON REALTORS | 27/06/2026 |
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 11 Apr 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 Mar 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 24 Mar 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 24 Mar 2023Confirm 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 2027
Documents filed105
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 105 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: Form 1.pdf | 24 Apr 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 24 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3.pdf | 24 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 3 Feb 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 3 Feb 2026 |
| Withdrawal Update Form 3File: FORM 3.pdf | 3 Feb 2026 |
| Form 5 (FY 2024-2025)File: Form 5.pdf | 8 Jan 2026 |
| Form 5 (FY 2023-2024)File: Form 5.pdf | 17 Dec 2025 |
| Form 1File: Form 1.pdf | 6 Nov 2025 |
| Form 2File: Form-2.pdf | 6 Nov 2025 |
| Form 3File: Form 3.pdf | 6 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 6 Nov 2025 |
| Form 1File: Form 1.pdf | 28 Jul 2025 |
| Form 2File: Form 2.pdf | 28 Jul 2025 |
| Form 3File: from - 3 dream Ikon Realtor.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: Architech Certificate.pdf | 28 Jul 2025 |
| Form 2File: Engineer Certificate.pdf | 28 Jul 2025 |
| Form 3File: fORM 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: FORM 1.pdf | 28 Jul 2025 |
| Form 2File: FORM 2.pdf | 28 Jul 2025 |
| Form 3File: Form 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: Form 1.pdf | 28 Jul 2025 |
| Form 2File: Form 2.pdf | 28 Jul 2025 |
| Form 3File: FORM 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: ARCHITECT CERTIFICATE.pdf | 28 Jul 2025 |
| Form 2File: Engineer Certificate.pdf | 28 Jul 2025 |
| Form 3File: Form 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: Architect Certificate.pdf | 28 Jul 2025 |
| Form 2File: Engineer Certificate.pdf | 28 Jul 2025 |
| Form 3File: Form 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: FORM 1.pdf | 28 Jul 2025 |
| Form 2File: form 2.pdf | 28 Jul 2025 |
| Form 3File: Form 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Form 1File: FORM 1.pdf | 28 Jul 2025 |
| Form 2File: FORM 2.pdf | 28 Jul 2025 |
| Form 3File: FORM 3.pdf | 28 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 28 Jul 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf | 19 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 19 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 24 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 till 31Dec24.pdf | 24 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 24 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf | 15 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 29 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Oct 2024.pdf | 11 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: DREAM IKON.pdf | 10 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 2 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 2 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 - Dream Ikon Realtors.pdf | 18 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 - Dream Ikon Realtors.pdf | 18 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: from - 3 dream Ikon Realtor.pdf | 5 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect June 2023.pdf | 30 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Sept 2023.pdf | 30 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Dec 2023.pdf | 30 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect March 2024.pdf | 30 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate till June 23.pdf | 30 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Sept 2023.pdf | 30 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Dec 2023.pdf | 30 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer March 2024.pdf | 30 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 - Dream Ikon Realtors.pdf | 24 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate till Mar 24.pdf | 21 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate till Mar 24.pdf | 21 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Architect Certificate till Mar 24.pdf | 21 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM-2A.pdf | 21 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 - Dream Ikon Realtors.pdf | 4 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate till June 23.pdf | 22 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate till Sept 23.pdf | 22 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate till Dec 23.pdf | 22 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate till June 23.pdf | 22 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate till Sept 23.pdf | 22 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate till Dec 23.pdf | 22 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Dream Ikon Realtors - CA Certificate_compressed.pdf | 28 Apr 2023 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition on this project's record read and explained, with the clear checks alongside
- All 105 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
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Builder: DREAM IKON REALTORS
DREAM IKON REALTORS has 1 registration on MahaRERA, including DREAM IKON. 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 DREAM IKON is delayed beyond 31 Dec 2027?
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 DREAM IKON?
The registered promoter entity is DREAM IKON REALTORS, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 DREAM IKON?
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 do I read the complaint cases filed against DREAM IKON?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for DREAM IKON?
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 DREAM IKON?
The professionals named in the filing: Architect: D G SHAH & ASSOCIATES; Architect: VIJAY ARVIND PATHAK; Engineer: CSE CONSULTANTS; Engineer: RAJESH SHAH; Chartered Accountant: J B PATEL & ASSOCIATES; Chartered Accountant: DEEPAK GOVIND PATEL. 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 DREAM IKON?
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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