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Platinum Sicily
RG-MH-31044 · RERA P51700079378 · Last updated on MahaRERA portal: 26 May 2026
Source: official MahaRERA filing
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Red flags
- Rs 40.00 crore secured on the land, in favour of ICICI HOME FINANCE COMPANY LIMITED
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- 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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Platinum Sicily is a Residential / Group Housing project by Escaso Ventures in Thane, Maharashtra, registered with MahaRERA as P51700079378 on 3 Mar 2025. Possession is promised by 31 Dec 2029. 25 of the 81 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete.
At a glance
Project
- NamePlatinum Sicily
- TypeResidential / Group Housing
- Location
- Sector - 16A
- Nerul
- Navi Mumbai
- Navi Mumbai (M Corp.)
- Thane
- 400706
- Pincode400706
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700079378
- ReraGenie IDRG-MH-31044
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on3 Mar 2025
- Promised completion31 Dec 2029
- Revised completionNone
- Buildings1 building record
- Documents filed52 files
Current status
Figures as on 26 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Platinum Sicily | NA | 26 | 15 | 81 | 0 | 81 |
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 26 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.
2 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 65%.
Platinum Sicily: 24% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 65% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| 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 26 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 | 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 | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| 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 filed334
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 ownership1
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| Sicily Co Op Hsg Society Limited | Kurla | Mumbai Suburban |
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 |
|---|---|---|---|
| Platinum Sicily | NA | Rs 36.23 cr | Rs 6.14 cr |
| - | NA | Rs 4.03 cr | - |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | STAPL |
| Engineer | Associated Structural Engineers LLP |
| Engineer | ANAND KAMBLE |
| Chartered Accountant | N B Sayed & Associates |
| Chartered Accountant | ARUN BORAD & CO. |
| Chartered Accountant | SINGHAL A & ASSOCIATES |
| Partner | Role in project |
|---|---|
| Escaso Ventures | - |
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 18 Feb 2025 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 Feb 2025 - 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 Feb 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Feb 2025Confirm 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 filed52
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 |
|---|---|
| Form 2A (FY 2024-2025)File: Form 2A.pdf | 26 May 2026 |
| Form 2A (FY 2025-2026)File: Form 2A.pdf | 26 May 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 29 Apr 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 29 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3.PDF | 29 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 3 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1 (Platinum Sicily).pdf | 3 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 3 Apr 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 3 Apr 2026 |
| Withdrawal Update Form 2File: FORM 2 (Platinum Sicily).pdf | 3 Apr 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 3 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3.PDF | 3 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3.pdf | 3 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3.PDF | 3 Apr 2026 |
| Form 1File: FORM 1.pdf | 31 Mar 2026 |
| Form 2File: FORM 2.pdf | 31 Mar 2026 |
| Form 3File: FORM 3.PDF | 31 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Sold Details.pdf | 31 Mar 2026 |
| Form 5 (FY 2024-2025)File: FORM 5_FY 2024-25.pdf | 26 Feb 2026 |
| Building plan approvalFile: Layout 6 - 11.pdf | 24 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Layout 6 - 11.pdf | 24 Feb 2025 |
| Deviation Report with respect to Allotment letterFile: Deviation_AL_PLATINUM SICILY_ESCASO VENTURES_21022025.pdf | 21 Feb 2025 |
| Proforma of Allotment letterFile: AL_PLATINUM SICILY_ESCASO VENTURES_21022025.pdf | 20 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Architect Certificate.PDF | 20 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Engineer Certificate.pdf | 20 Feb 2025 |
| Deviation Report with respect to model copy of AgreementFile: AFS DEVIATION.pdf | 20 Feb 2025 |
| Proforma of Agreement for saleFile: AFS_PLATINUM SICILY_ESCASO VENTURES_20022025.pdf | 20 Feb 2025 |
| Other - TechnicalFile: Annexure A - Order No 50.pdf | 19 Feb 2025 |
| Copy of the legal title reportFile: Latest Title report - Platinum Sicily.pdf | 18 Feb 2025 |
| Layout approvalFile: Layout pg 1.pdf | 13 Feb 2025 |
| Building plan approvalFile: Layout pg 1.pdf | 13 Feb 2025 |
| Building plan approvalFile: Layout 2-5.pdf | 13 Feb 2025 |
| Copy of Layout Approval (in case of layout)File: Layout pg 1.pdf | 13 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3.pdf | 13 Feb 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC verification mail - Platinum Sicily.pdf | 13 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Layout 2-5.pdf | 13 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Layout pg 1.pdf | 13 Feb 2025 |
| Other - LegalFile: Lease deed.pdf | 13 Feb 2025 |
| Other - FinanceFile: Declaration of Land Cost.pdf | 13 Feb 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of Secured and Unsecured Loan.pdf | 13 Feb 2025 |
| Declaration in FORM BFile: Form B - Promoter.pdf | 10 Feb 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A - All RERA Designated Bank Accounts.pdf | 10 Feb 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: 1 Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B) ( | 10 Feb 2025 |
| PAN CardFile: PAN Card - Firm.pdf | 5 Feb 2025 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance Letter -Dues.pdf | 5 Feb 2025 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance Letter - Litigations.pdf | 5 Feb 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 5 Feb 2025 |
| Declaration about Commencement CertificateFile: Format D - Declaration of Commencement Certificate.pdf | 5 Feb 2025 |
| CERSAI detailsFile: Declaration of Cersai.pdf | 5 Feb 2025 |
| Details of encumbrances concerned to LegalFile: No Encumbrance Letter -Dues.pdf | 5 Feb 2025 |
| Details of encumbrances concerned to LegalFile: No Encumbrance Letter - Litigations.pdf | 5 Feb 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A - Disclosure of Interest.pdf | 5 Feb 2025 |
Promoter's earlier projects4
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 |
|---|---|---|---|---|---|---|
| Platinum EsquireP52000054452 | Ulawe, Raigarh | 132 | Jan 2024 | Ongoing | Dec 2029 | Not due yet |
| PLATINUM MANSIONZP51700053815 | Nerul, Navi Mumbai, Thane | 81 | Dec 2023 | Ongoing | Dec 2029 | Not due yet |
| Platinum WestwoodsP51700050489 | Nerul, Navi Mumbai, Thane | 26 | Apr 2023 | Ongoing | Dec 2027 | Not due yet |
| PLATINUM ELYSIUMP51700050735 | NERUL, Thane | 60 | Apr 2023 | Ongoing | Dec 2027 | Not due yet |
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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.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 52 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: Escaso Ventures
Escaso Ventures has 3 registrations on MahaRERA, including Platinum The Reserve and Platinum Oakwoods. Its filings disclose 4 earlier MahaRERA projects, none completed yet. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if Platinum Sicily 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 Platinum Sicily?
The registered promoter entity is Escaso Ventures, 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 Platinum Sicily?
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 Platinum Sicily?
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 Platinum Sicily?
The professionals named in the filing: Architect: STAPL; Engineer: Associated Structural Engineers LLP; Engineer: ANAND KAMBLE; Chartered Accountant: N B Sayed & Associates; Chartered Accountant: ARUN BORAD & CO.; Chartered Accountant: SINGHAL A & ASSOCIATES. 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 Platinum Sicily?
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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