Home / Browse projects / Thane, Maharashtra / OSTWAL AKAASHA
OSTWAL AKAASHA
RG-MH-23816 · RERA P51700079129 · Last updated on MahaRERA portal: 18 Aug 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Litigation declared, 1 case
- Rs 30.00 crore secured on the land, in favour of BAJAJ HOUSING FINANCE LTD
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- All 6 earlier projects delivered on promise
2 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.
OSTWAL AKAASHA is a Residential / Group Housing project by SHREE OSTWAL BUILDERS LTD in Thane, Maharashtra, registered with MahaRERA as P51700079129 on 6 Feb 2025. Possession is promised by 31 Dec 2029. 32 of the 160 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameOSTWAL AKAASHA
- TypeResidential / Group Housing
- Location
- NAVGHAR ROAD
- BHAYANDER (EAST)
- Mira-Bhayandar (M Corp.)
- Thane
- 401105
- Pincode401105
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700079129
- ReraGenie IDRG-MH-23816
Builder
- NameSHREE OSTWAL BUILDERS LTD
- Entity typeCompany
- CINU45200MH1989PLC050872
- GSTIN27AAFCS2523N1Z4
- CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
- Managing DirectorUMRAOSINGH PRITHVIRAJ OSTWAL
- DirectorsKULDEEP UMRAOSINGH Ostwal, KULDEEP UMRAOSINGH Ostwal, ASHA UMRAOSINGH OSTWAL, RAKESH SHANTILAL JAIN, SHAKENDRA VARDHMAN CHHAJED
- Other registrations19 more →
- Completed7 of 20
- Past their filed date1
- Declared earlier projects6 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on6 Feb 2025
- Promised completion31 Dec 2029
- Revised completionNone
- Buildings1 building record
- Documents filed80 files
Current status
Figures as on 18 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| OSTWAL AKAASHA | NA | 21 | 21 | 97 | 63 | 160 |
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 18 Aug 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 14%.
OSTWAL AKAASHA: 29% 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 | 14% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| 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 18 Aug 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 | 0% |
| 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 | 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 filed227
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 |
|---|---|---|---|
| OSTWAL AKAASHA | NA | Rs 38.70 cr | Rs 8.71 cr |
| - | NA | Rs 5.10 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 | DINANATH DESHPANDE |
| Engineer | PRO TECHCONSULTANTS |
| Engineer | BHAVESH TODANKAR |
| Engineer | SHUBHAM MUKESH OSTWAL SHUBHAM MUKESH OSTWAL |
| Chartered Accountant | ABHISHEK SURANA & CO |
| Chartered Accountant | KHURDIA JAIN AND CO |
| Chartered Accountant | Madhubala Jain & Co |
| Partner | Role in project |
|---|---|
| SHREE OSTWAL BUILDERS LTD | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 553/2023 | CJSD THANE | PENDING FOR HEARING |
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 19 Apr 2025 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 30 Dec 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 30 Dec 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 30 Dec 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 2029
Documents filed80
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_Akaasha_30062026.pdf | 18 Aug 2026 |
| Withdrawal Update Form 2File: Form 2_Akaasha_30062026.pdf | 18 Aug 2026 |
| Withdrawal Update Form 3File: Form-3_Akaasha_30062026.pdf | 18 Aug 2026 |
| Form 2A (FY 2024-2025)File: Form-2A_March-2025.pdf | 17 Aug 2026 |
| Form 2A (FY 2025-2026)File: Form-2A_March-2026.pdf | 17 Aug 2026 |
| Form 5 (FY 2025-2026)File: Form -5.pdf | 4 Aug 2026 |
| Withdrawal Update Form 1File: Form 1_Akaasha_31032026.pdf | 24 Apr 2026 |
| Withdrawal Update Form 2File: Form 2_Akaasha_31032026.pdf | 24 Apr 2026 |
| Withdrawal Update Form 3File: Form 3_Akaasha_31032026.pdf | 24 Apr 2026 |
| Withdrawal Update Form 1File: Form 1_Ostwal Akaasha_31122025.pdf | 27 Jan 2026 |
| Withdrawal Update Form 2File: FORM-2_AKAASHA_31122025.pdf | 27 Jan 2026 |
| Withdrawal Update Form 3File: FORM-3_AKAASHA_31122025.pdf | 27 Jan 2026 |
| Withdrawal Update Form 1File: FORM 1_AKAASHA_30092025.pdf | 6 Nov 2025 |
| Withdrawal Update Form 2File: FORM-2_OSTWAL AKAASHA_30092025.pdf | 6 Nov 2025 |
| Withdrawal Update Form 3File: FORM-3_OSTWAL AKAASHA_30092025.pdf | 6 Nov 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 AKAASHA-2024-2025.pdf | 29 Sep 2025 |
| Withdrawal Update Form 1File: Form-1_30062025_Akaasha.pdf | 27 Sep 2025 |
| Withdrawal Update Form 2File: Form 2 _30062025_Akaasha.pdf | 27 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 11082025.pdf | 27 Sep 2025 |
| Form 1File: FORM 1 ARCHITEC CERTI.pdf | 26 Sep 2025 |
| Form 2File: FORM 2 ENG CER.pdf | 26 Sep 2025 |
| Form 3File: FORM 3 07012025.pdf | 26 Sep 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Interest in Other Real Estate.pdf | 26 Sep 2025 |
| Withdrawal Update Form 1File: Form-1_30062025_Akaasha.pdf | 26 Sep 2025 |
| Withdrawal Update Form 1File: Form-1_30062025_Akaasha.pdf | 26 Sep 2025 |
| Withdrawal Update Form 2File: Form 2 _30062025_Akaasha.pdf | 26 Sep 2025 |
| Withdrawal Update Form 2File: Form 2 _30062025_Akaasha.pdf | 26 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 11082025.pdf | 26 Sep 2025 |
| Withdrawal Update Form 3File: Form 3 11082025.pdf | 26 Sep 2025 |
| Copy of the legal title reportFile: TITLE CERTIFICATE 18042025.pdf | 19 Apr 2025 |
| Details of encumbrances concerned to FinanceFile: Encrumbrance Certificate-Finance.pdf | 18 Apr 2025 |
| Details of encumbrances concerned to LegalFile: Encrumbrance Certificate-Finance.pdf | 18 Apr 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Self Certification Form-3 _31032025 _Akaasha .pdf | 18 Apr 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of Secured Unsecured Finance.pdf | 18 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold_31032025-Akaasha.pdf | 17 Apr 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A_March-25_Akaasha.pdf | 16 Apr 2025 |
| Proforma of Agreement for saleFile: RERA-AGR-Ostwal Akaasha.pdf | 24 Jan 2025 |
| Other - LegalFile: खारी_46_13_Satbara.pdf | 22 Jan 2025 |
| Details of encumbrances concerned to FinanceFile: Financial Encrumbrances_16012025.pdf | 16 Jan 2025 |
| Details of encumbrances concerned to FinanceFile: LEGAL AND LITIGATION ENCRUMBRANCES 16012025.pdf | 16 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 07012025_.pdf | 16 Jan 2025 |
| Other - LegalFile: Release Deed_.pdf | 16 Jan 2025 |
| Other - LegalFile: CONV_DEED_TNN7-3700-2020_.pdf | 16 Jan 2025 |
| Details of encumbrances concerned to LegalFile: LEGAL AND LITIGATION ENCRUMBRANCES 16012025.pdf | 16 Jan 2025 |
| Details of encumbrances concerned to LegalFile: Financial Encrumbrances_16012025.pdf | 16 Jan 2025 |
| Other - TechnicalFile: ANNEXURE A _ DECLARATION CUM UNDERTAKING.pdf | 16 Jan 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of Secured Unsecured finance availed.pdf | 16 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 .pdf | 4 Jan 2025 |
| Copy of the legal title reportFile: TITLE CERTIFICATE 25122024.pdf | 3 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_ENG CER.pdf | 3 Jan 2025 |
| Proforma of Agreement for saleFile: AGR FOR SALE 03012025.pdf | 3 Jan 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest in Other Real Estate.pdf | 3 Jan 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: SECURED UNSECURED.pdf | 3 Jan 2025 |
| Proforma of Allotment letterFile: PERFORMA OF ALLOTMENT.pdf | 1 Jan 2025 |
| CERSAI detailsFile: CERSAI_Search_Report_200333842022_For_Asset_Based_Search_01_01_2025_15_18_47_398.pdf | 1 Jan 2025 |
| CERSAI detailsFile: CERSAI UNDERTAKING.pdf | 1 Jan 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: BANK AC FORM A.pdf | 1 Jan 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: DECLARATION ABOUT SEPARATE BANK MAHARERA.pdf | 1 Jan 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: BANK AC FORM B FROM BANK.pdf | 1 Jan 2025 |
| Building plan approvalFile: BUILDING PLAN PLAN-4.pdf | 30 Dec 2024 |
| Building plan approvalFile: BUILDING PLAN PLAN-3.pdf | 30 Dec 2024 |
| Building plan approvalFile: BUILDING PLAN PLAN-2.pdf | 30 Dec 2024 |
| Building plan approvalFile: BUILDING PLAN PLAN-1.pdf | 30 Dec 2024 |
| Layout approvalFile: LAYOUT PLAN PLAN-1.pdf | 30 Dec 2024 |
| PAN CardFile: SOBL New Pan Card.pdf | 30 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: ENCUMBRANCE FINANCE.pdf | 30 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: ENCUMBRANCE LEGAL.pdf | 30 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: LAYOUT PLAN PLAN-1.pdf | 30 Dec 2024 |
| Declaration in FORM BFile: FORM-B NOTARIZED OF PROMOTER.pdf | 30 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE FORM 1.pdf | 30 Dec 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf | 30 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN PLAN-1.pdf | 30 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN PLAN-2.pdf | 30 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN PLAN-3.pdf | 30 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN PLAN-4.pdf | 30 Dec 2024 |
| Declaration about Commencement CertificateFile: DECLARATION OF CC.pdf | 30 Dec 2024 |
| Deviation Report with respect to Allotment letterFile: DEVIATION REPORT IN RERSPECT OF ALLOTMENT.pdf | 30 Dec 2024 |
| Details of encumbrances concerned to LegalFile: ENCUMBRANCE LEGAL.pdf | 30 Dec 2024 |
| Details of encumbrances concerned to LegalFile: ENCUMBRANCE FINANCE.pdf | 30 Dec 2024 |
| Deviation Report with respect to model copy of AgreementFile: DEVIATION REPORT IN RESPECT OF AGREEMENT FOR SALE.pdf | 30 Dec 2024 |
Promoter's earlier projects6
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 |
|---|---|---|---|---|---|---|
| OSTWAL WOODSP99000019832 | OPP. UNION PARK, Palghar | - | Mar 2019 | Completed | Dec 2024 | Jun 2023 |
| OSTWAL DARSHANP51700004905 | BHAYANDER EAST, Thane | - | Aug 2017 | Completed | Dec 2024Registered original: Dec 2023 | Jun 2024 |
| OSTWAL GARDEN | KANAKIA ROAD MIRA ROAD EAST | 69 | - | Completed | Dec 2015 | Jun 2015 |
| OSTWAL OASIS | MIRA ROAD EAST | 33 | - | Completed | Apr 2015 | Jan 2015 |
| OSTWAL PRIDE I | KANAKIA ROAD MIRA ROAD EAST | 63 | - | Completed | Mar 2015 | Mar 2015 |
| OSTWAL HEIGHT BLDG 1 TO 4 | KANAKIA ROAD MIRA ROAD EAST | 195 | - | Completed | Dec 2013 | Dec 2013 |
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How this compares with Thane
Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.
Free monthly report: Thane on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 19 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 80 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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See every Thane project, with the district possession charts
Builder: SHREE OSTWAL BUILDERS LTD
SHREE OSTWAL BUILDERS LTD has 20 registrations on MahaRERA, including OSTWAL DARSHAN and OSTWAL POINT. Its filings disclose 6 earlier MahaRERA projects: declares 6 of 6 past projects completed on time. Litigation is declared on 3 of its registrations. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if OSTWAL AKAASHA is delayed beyond 31 Dec 2029?
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 OSTWAL AKAASHA?
The registered promoter entity is SHREE OSTWAL BUILDERS LTD, a company as per the filing. Its CIN U45200MH1989PLC050872 and GSTIN 27AAFCS2523N1Z4 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 OSTWAL AKAASHA?
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 OSTWAL AKAASHA?
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 OSTWAL AKAASHA?
The professionals named in the filing: Architect: DINANATH DESHPANDE; Engineer: PRO TECHCONSULTANTS; Engineer: BHAVESH TODANKAR; Engineer: SHUBHAM MUKESH OSTWAL SHUBHAM MUKESH OSTWAL; Chartered Accountant: ABHISHEK SURANA & CO; Chartered Accountant: KHURDIA JAIN 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 OSTWAL AKAASHA?
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; how the declared litigation on this registration affects your risk; 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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