Home / Browse projects / Thane, Maharashtra / REGENCY BUSINESS PARK PHASE I
REGENCY BUSINESS PARK PHASE I
RG-MH-06438 · RERA P51700053811 · Last updated on MahaRERA portal: 19 Jun 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Litigation declared, 6 cases
- Completion date moved by 18 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
3 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.
REGENCY BUSINESS PARK PHASE I is a Commercial project by REGENCY SHELTERS LLP in Thane, Maharashtra, registered with MahaRERA as P51700053811 on 1 Dec 2023. Possession is promised by 31 Dec 2026. The completion date has moved by 18 months from the original filing. 62 of the 405 units on this registration are recorded sold or booked, and 11 of 22 construction stages are filed complete.
At a glance
Project
- NameREGENCY BUSINESS PARK PHASE I
- TypeCommercial
- Location
- Kolshet
- Thane (M Corp.)
- Thane
- 400607
- Pincode400607
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700053811
- ReraGenie IDRG-MH-06438
Builder
- NameREGENCY SHELTERS LLP
- Entity typePartnership
- LLPINAAD-0716
- GSTIN27AARFR8972R1ZQ
- LLPIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- PartnersREGENCY NIRMAN LIMITED REGENCY NIRMAN LIMITED, SUBHASH SATYANARAYAN KHAIRARI
- Other registrations4 more →
- Declared earlier projects4 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on1 Dec 2023
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 30 Jun 2025)
- Buildings2 building records
- Documents filed77 files
Current status
Figures as on 19 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building No 3 | NA | 8 | 7 | 0 | 184 | 184 |
| Building No 4 | NA | 7 | 6 | 0 | 221 | 221 |
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 building2
As on 19 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.
11 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 90%.
Building No 378%
| 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 | 100% |
| Sanitary Fittings within the flats / premises | 80% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 80% |
Building No 471%
| 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 | 90% |
| Sanitary Fittings within the flats / premises | 80% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 80% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 70% |
| 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. | 60% |
Progress on shared amenities15
As on 19 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 | 0% |
| Water Supply | Yes | 0% |
| 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 | 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 | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed776
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.
| Building | Closed/Covered | Total |
|---|---|---|
| Building No 3 | 343 | 343 |
| Building No 4 | 433 | 433 |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 |
|---|---|---|---|
| Building No 4 | NA | Rs 36.09 cr | Rs 26.65 cr |
| Building No 3 | NA | Rs 34.14 cr | Rs 29.25 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 | TEN FOLDS ARCHITECTS & CONSULTANTS |
| Engineer | BRIJBHAN YADAV |
| Engineer | Sahadeo Vijay Korgaonkar |
| Chartered Accountant | AJAY HASSIJA & ASSOCIATES |
| Chartered Accountant | Nitin Gobindram Kukreja |
| Chartered Accountant | SURESH U RADHAKRISHNANI |
| Partner | Role in project |
|---|---|
| REGENCY SHELTERS LLP | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterAs per the terms & conditions of Accomodation Reservation Policy by UDCPR, we are required to handover the amenities in the form of Shopping Center & Bus Depot to the Thane Municipal Corporation before applying for the completion certificate from them. Occupation Certificate will be granted after handing over of the amenities only. However the agreement is yet to be finalized by the Thane Municipal Corporation. Hence we request you to kindly grant us the extension of proposed date for completion of project for Building no. 3 as 30/06/2026 and for Building no. 4 as 31/12/2026
Litigation declared6
| Case | Court | Status |
|---|---|---|
| 663/2022/2022 | CIVIL JUDGE THANE | pending till next hearing date |
| 531/2023/2023 | Bombay High Court | Closed |
| 13213/2023/2023 | Bombay High Court | Closed |
| 14678/2023/2023 | Bombay High Court | Closed |
| 663/2022/2022 | CIVIL JUDGE THANE | Ongoing |
| 12426/2023 | Bombay High Court | Ongoing |
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 5 Sep 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Nov 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 7 Nov 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 19 Oct 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 2026
Documents filed77
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: 30-06-2026 QUARTER 1 FORM 1.pdf | 19 Jun 2026 |
| Withdrawal Update Form 1File: 30-09-2025 QUARTER 2 FORM 1.pdf | 19 Jun 2026 |
| Withdrawal Update Form 1File: 31-12-2025 QUARTER 3 FORM 1.pdf | 19 Jun 2026 |
| Withdrawal Update Form 1File: 31-03-2026 QUARTER 4 FORM 1.pdf | 19 Jun 2026 |
| Withdrawal Update Form 2File: Form 2 Q1 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 2File: Form 2 Q2 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 2File: Form 2 Q3 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 2File: Form 2 Q4 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 3File: Form 3 Q1 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 3File: Form 3 Q2 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 3File: Form 3 Q3 Phase I.pdf | 19 Jun 2026 |
| Withdrawal Update Form 3File: Form 3 Q4 Phase I.pdf | 19 Jun 2026 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: BLDG NO 03.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: BLDG NO 04.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY 300624 - converted.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY 300924 - converted.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY 311224 - converted.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY 310325 - converted.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 BLDG 3.pdf | 31 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 BLDG 4.pdf | 31 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rera Certificate B 3 and 4 signed form 1.pdf | 18 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: REGENCY SHELTERS LLP FORM 5 FY 23-24.pdf | 18 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD- UNSOLD INVENTORY.pdf | 27 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 10 folds-architect certificate- bldg no-3.pdf | 20 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 10 folds-architect certificate- bldg no-4.pdf | 20 Apr 2024 |
| Other - TechnicalFile: ENGINEER'S CERTIFICATE FOR QUALITY ASSUARANCE.pdf | 20 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Regency Shelters CA Certificate.pdf | 21 Nov 2023 |
| Building plan approvalFile: 1st to 5th Floor.pdf | 7 Nov 2023 |
| Building plan approvalFile: 6th and 7th Floor.PDF | 7 Nov 2023 |
| Building plan approvalFile: Parking Plan.pdf | 7 Nov 2023 |
| Building plan approvalFile: BUA Certificate.pdf | 7 Nov 2023 |
| Layout approvalFile: Shelter Layout.pdf | 7 Nov 2023 |
| Layout approvalFile: Declaration about project area.pdf | 7 Nov 2023 |
| Building plan approvalFile: Basement and Ground Floor.pdf | 7 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: Shelter Layout.pdf | 7 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: Declaration about project area.pdf | 7 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 1st to 5th Floor.pdf | 7 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 6th and 7th Floor.PDF | 7 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Parking Plan.pdf | 7 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: BUA Certificate.pdf | 7 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Basement and Ground Floor.pdf | 7 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 3 Building Plan Approval _ NA Order for plotted development (1).pdf | 19 Oct 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 3 Building Plan Approval _ NA Order for plotted development.pdf | 19 Oct 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Appendix F.pdf | 25 Sep 2023 |
| Copy of the legal title reportFile: 1_Regency Shelters title certificate 250723.pdf | 5 Sep 2023 |
| Copy of the legal title reportFile: 1-1_Supplementary Title certificate.pdf | 5 Sep 2023 |
| Copy of the legal title reportFile: 1 Copy of the legal title report.pdf | 5 Sep 2023 |
| Copy of the legal title reportFile: 2 Copy of the legal title report.pdf | 5 Sep 2023 |
| Copy of the legal title reportFile: 3 Copy of the legal title report.pdf | 5 Sep 2023 |
| Copy of the legal title reportFile: 4 Copy of the legal title report.pdf | 5 Sep 2023 |
| Details of encumbrances concerned to FinanceFile: 2_Status Report_Regency Shelters LLP_07-08-2023_.pdf | 5 Sep 2023 |
| Details of encumbrances concerned to LegalFile: 2_Status Report_Regency Shelters LLP_07-08-2023_.pdf | 5 Sep 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 10_CC Revalidation.pdf | 5 Sep 2023 |
| Declaration about Commencement CertificateFile: 12_Format - D (Declaration about commencement certifiacate).pdf | 5 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate.pdf | 5 Sep 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 10-1_ENGINEER'S CERTIFICATE.pdf | 5 Sep 2023 |
| CERSAI detailsFile: 6_Latest CERSAI Report.pdf | 5 Sep 2023 |
| Deviation Report with respect to Allotment letterFile: 5 No Deviation Declaration - for Allottment Letter.pdf | 5 Sep 2023 |
| PAN CardFile: 14 -shelters pancard.PDF | 2 Aug 2023 |
| Details of encumbrances concerned to FinanceFile: 04 SELF DECLARATION REGARDING ENCUMBRANCE.pdf | 2 Aug 2023 |
| Details of encumbrances concerned to LegalFile: 04 SELF DECLARATION REGARDING ENCUMBRANCE.pdf | 2 Aug 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 08 -1 CC Letter 22032022.pdf | 2 Aug 2023 |
| Declaration in FORM BFile: 07 Form B.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANIL JESSARAM BHATIJA.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: MAHESH S KHAIRARI.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: MANISHA A AGARWAL.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: MANOJ LALPURIA.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: NIRAJ SHARMA.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: RAKESH R KALWANI.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: RAMKISHORE S KHAIRARI.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: SUBHASH S KHAIRARI.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: UDHAV RUPCHANDANI.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: VICKY RUPCHANDANI.pdf | 2 Aug 2023 |
| Proforma of Agreement for saleFile: Draft Agreement for sale.pdf | 2 Aug 2023 |
| Proforma of Allotment letterFile: Model format of allottment letter.pdf | 2 Aug 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declarion about saperate bank account for Rera.pdf | 2 Aug 2023 |
| Deviation Report with respect to model copy of AgreementFile: 26 -Deviation_Report .pdf | 2 Aug 2023 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 4 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 77 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: REGENCY SHELTERS LLP
REGENCY SHELTERS LLP has 5 registrations on MahaRERA, including REGENCY BUSINESS PARK PHASE I and REGENCY BUSINESS PARK PHASE II. Its filings disclose 4 earlier MahaRERA projects, none completed yet. Litigation is declared on 5 of its registrations. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if REGENCY BUSINESS PARK PHASE I is delayed beyond 31 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 REGENCY BUSINESS PARK PHASE I?
The registered promoter entity is REGENCY SHELTERS LLP, a partnership as per the filing. Its LLPIN AAD-0716 and GSTIN 27AARFR8972R1ZQ 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 REGENCY BUSINESS PARK PHASE I?
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 REGENCY BUSINESS PARK PHASE I?
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 REGENCY BUSINESS PARK PHASE I?
The professionals named in the filing: Architect: TEN FOLDS ARCHITECTS & CONSULTANTS; Engineer: BRIJBHAN YADAV; Engineer: Sahadeo Vijay Korgaonkar; Chartered Accountant: AJAY HASSIJA & ASSOCIATES; Chartered Accountant: Nitin Gobindram Kukreja; Chartered Accountant: SURESH U RADHAKRISHNANI. 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 REGENCY BUSINESS PARK PHASE I?
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; 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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