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Registered Litigation declared Residential / Group Housing project

Rose Tower

By AKSHAR SHANTI REALTORS PRIVATE LIMITED

RG-MH-21745 · RERA P51700024772 · Last updated on MahaRERA portal: 24 Jun 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 9 cases
  • Completion date moved by 48 months
  • 1 extension taken

Clear

  • No complaints on record
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 1 earlier projects delivered on promise

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.

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Dec 2030Possession promisedmoved 48 months from the original
4 of 10Construction stages donefurthest along: Slabs of Super Structure, 24%
133 of 140Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 66 documents Report an error

Rose Tower is a Residential / Group Housing project by AKSHAR SHANTI REALTORS PRIVATE LIMITED in Thane, Maharashtra, registered with MahaRERA as P51700024772 on 5 Mar 2020. Possession is promised by 31 Dec 2030. The completion date has moved by 48 months from the original filing. 7 of the 140 units on this registration are recorded sold or booked, and 4 of 10 construction stages are filed complete.

At a glance

Project

  • NameRose Tower
  • TypeResidential / Group Housing
  • Location
    • MAHARASHTRA
    • SHANTI GARDEN
    • Mira
    • Thane
    • 401107
  • Pincode401107
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700024772
  • ReraGenie IDRG-MH-21745

Builder

  • NameAKSHAR SHANTI REALTORS PRIVATE LIMITED
  • Entity typeCompany
  • DirectorsPRAFUL SHANTILAL TANK, NILESH SHANTILAL TANK
  • Other registrations2 more →
  • Completed1 of 3
  • Declared earlier projects2 →

Key dates

this monthRegisteredMar 2020First promiseDec 2026Revised toDec 2030

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on5 Mar 2020
  • Promised completion31 Dec 2030
  • Revised completionRevised to 31 Dec 2030 (originally 30 Dec 2026)
  • Buildings1 building record
  • Documents filed66 files

Current status

5%7 of 140 units booked
11.9%Work done, per cost certificate

Figures as on 24 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
C WINGNA26241400140

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 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 10 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 24%.

C WING: 42% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure24%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

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.

Total parking slots98
Closed/Covered98

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.

Land area10,090 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on6 Sep 2025

Approvals and building plan

Sanctioning authorityMira Bhayandar Municipal Corporation
Permissible FSI7717.18
Proposed, not sanctioned7,717 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchSHEETAL SAROVAR, SHEETAL NAGAR, NEAR MIRA ROAD TEL. EXCHANGE, MIRA ROAD(E), DIST:THANE, 401 107
Estimated costRs 37.46 cr
Cost incurredRs 4.48 cr
Work done11.95%
BuildingWingEstimatedIncurred
C WINGNARs 34.81 crRs 4.48 cr
-NARs 2.65 cr-

Certifying professionals and partners6

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectAVINASH MHATRE AND ASSOCIATES
ArchitectSameer Desai
EngineerHrushikesh Abhay Malgaonkar
EngineerKushal Pradeep Bhoir
Chartered AccountantReena Mahendrakumar Solanki
Chartered AccountantAJAY SHAH & CO
PartnerRole in project
AKSHAR SHANTI REALTORS PRIVATE LIMITED-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EA20022619925Dec 2026 → Dec 2030

Reason as filed by the promoter1) Post-COVID-19 Impact: Construction was temporarily halted due to government restrictions and safety protocols. Even after reopening, labour shortages, supply chain disruptions, delayed material procurement, and reduced site productivity slowed project progress. 2) Delay in Construction Start: Pandemic-related constraints prevented construction from commencing as per the original schedule, shifting the overall project timeline. 3) Revision in Planning: Project plans were revised to address updated requirements, regulatory changes, and design modifications, requiring reworked drawings, fresh

Litigation declared9

CaseCourtStatus
699/2013THANE CIVIL COURTINJUNCTION REJECTED AND FOR FRAMING ISSUES
448/2014THANE CIVIL COURTINJUNCTION REJECTED AND FOR FRAMING ISSUES
1093/2014HIGH COURT BOMBAYClosed
1644/2017DISTRICT SUPERITENDANT OF AND RECORDSClosed
699/2013THANE COURTOngoing
448/2014THANE COURTOngoing
22698/2022HIGH COURT BOMBAYOngoing
326/2024HIGH COURT BOMBAYOngoing
736/2019THANE COURTOngoing

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 9 Dec 2019
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 29 Nov 2025
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 29 Nov 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 9 Dec 2019Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 2030

Documents filed66

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.

DocumentUploaded
Withdrawal Update Form 1File: Rose Tower Form 1.pdf24 Jun 2026
Withdrawal Update Form 2File: Form 2.pdf24 Jun 2026
Withdrawal Update Form 3File: Form 3.pdf24 Jun 2026
Form 1File: Imperial Heights Phase II C wing Q4 Form 1 march 2025.pdf9 Feb 2026
Form 2File: Imperial Heights Phase II C wing Q4 Form 2 march 2025 (1).pdf9 Feb 2026
Form 3File: Imperial Heights Phase II C wing Q4 Form 3 march 2025.pdf9 Feb 2026
Disclosure of Sold and Booked InventoryFile: Imperial Heights Phase II C wing Q2 Sold_Unsold_Inventory List Mar-25.pdf9 Feb 2026
Withdrawal Update Form 1File: Imperial Heights Phase II C wing Q3 Form 1 Dec 2025.pdf9 Feb 2026
Withdrawal Update Form 2File: Imperial Heights Phase II C wing Q3 Form 2 Dec 2025.pdf9 Feb 2026
Withdrawal Update Form 3File: Imperial Heights Phase II C wing Q3 Form 3 Dec 2025.pdf9 Feb 2026
Form 5 (FY 2024-2025)File: Form 5 March 2025 Imperial Heights C Wing.pdf30 Jan 2026
Layout approvalFile: LAYOUT FOR C WING compressed (3).pdf29 Nov 2025
Building plan approvalFile: C WING STILT PLAN compressed.pdf29 Nov 2025
Building plan approvalFile: C WING TYPICAL compressed (1).pdf29 Nov 2025
Withdrawal Update Form 1File: Form 1 ASRPL 25102025.pdf10 Nov 2025
Withdrawal Update Form 2File: Form 2 ASRPL 25102025.pdf10 Nov 2025
Withdrawal Update Form 3File: form 3 31102025.pdf10 Nov 2025
Form 2A (FY 2024-2025)File: Form 2A Imperial 30092025.pdf30 Sep 2025
Withdrawal Update Form 1File: Form 1 - Akshar C Wing.pdf17 Sep 2025
Withdrawal Update Form 2File: Form 2 - ASRPL.pdf17 Sep 2025
Withdrawal Update Form 3File: Form 3.pdf17 Sep 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf13 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf28 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5_M20.pdf28 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5_M21.pdf28 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5_M22.pdf28 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_M23.pdf28 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5_M24.pdf28 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_31122023_C wing.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_31032024.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_30062024.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form_30092024.pdf9 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 02102024.pdf23 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 02042024.pdf23 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 07102024.pdf23 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 14082024.pdf23 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 02012024.pdf23 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 2A_Mar 24.pdf23 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IH II_Form 1_ 050424.pdf3 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IH II_Form 1_ 020724.pdf3 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 architects certificate 05 01 24.pdf29 Feb 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate 15 05 2023.pdf29 Feb 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 2A_Mar 22.pdf29 Feb 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2A_Mar 23.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: rera Form 2.pdf31 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate 27072021.pdf10 May 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate 08102021.pdf10 May 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate 30122021.pdf10 May 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate 30032022.pdf10 May 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate 24082021.pdf10 May 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A Certificate 27082021.pdf10 May 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A Certificate C Wing Phase II.pdf16 Jul 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf8 Jul 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf8 Jul 2021
Proforma of Allotment letterFile: Draft Allotment Letter and Flat Agreement.pdf2 Mar 2020
PAN CardFile: Akshar Shanti PAN.pdf26 Feb 2020
Layout approvalFile: ASRPL PHASE LAYOUT.pdf28 Jan 2020
Details of encumbrancesFile: Encumbrances.pdf28 Jan 2020
Copy of Layout Approval (in case of layout)File: ASRPL PHASE LAYOUT.pdf28 Jan 2020
Declaration in FORM BFile: Declaration.pdf28 Jan 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A Certificate (C Wing).pdf28 Jan 2020
Proforma of Allotment letterFile: DRAFT AGREE - 29-11-2019.pdf28 Jan 2020
Building plan approvalFile: NA NOC (IOD).pdf9 Dec 2019
Copy of the legal title reportFile: Title Certificate.pdf9 Dec 2019
Building Plan Approval / NA Order for plotted developmentFile: NA NOC (IOD).pdf9 Dec 2019
Commencement Certificates / NA Order for plotted developmentFile: AKSHAR SHANTI FULL CC SCAN COPY.pdf9 Dec 2019

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.

1 delivered on promise
ProjectLocationRegisteredStatusPromisedDelivered
IMPERIAL HEIGHTS PHASE I - A AND B WINGP51700006296SHANTI GARDEN, ThaneAug 2017CompletedDec 2025Registered original: Dec 2024Dec 2024

How this compares with Thane

5%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one moved by 48 months
23%of Thane registrations have lapsed or been cancelledthis one is on the register

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.

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How alerts work

Other projects near SHANTI GARDEN7,600+ in Thane

2 kmRose TowerCompleted 84Lapsed / revoked 64Other 78Dot size: filed unitsN

Filed coordinates, straight-line distance. 226 registered projects within 2 km.

Builder: AKSHAR SHANTI REALTORS PRIVATE LIMITED

AKSHAR SHANTI REALTORS PRIVATE LIMITED has 3 registrations on MahaRERA, including IMPERIAL HEIGHTS PHASE I - A AND B WING and Rose Tower. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Litigation is declared on 2 of its registrations. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if Rose Tower is delayed beyond 31 Dec 2030?

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 Rose Tower?

The registered promoter entity is AKSHAR SHANTI REALTORS PRIVATE LIMITED, a company 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 Rose Tower?

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 Rose Tower?

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 Rose Tower?

The professionals named in the filing: Architect: AVINASH MHATRE AND ASSOCIATES; Architect: Sameer Desai; Engineer: Hrushikesh Abhay Malgaonkar; Engineer: Kushal Pradeep Bhoir; Chartered Accountant: Reena Mahendrakumar Solanki; Chartered Accountant: AJAY SHAH & 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 Rose Tower?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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