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Registered No litigation declared Residential / Group Housing project

Sagar Apt

By Silver & Rashi Constructions

RG-MH-14434 · RERA P51700023901 · Last updated on MahaRERA portal: 11 Jul 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 34 months
  • 2 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

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.

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Jul 2027Possession promisedmoved 34 months from the original
6 of 11Construction stages donefurthest along: External plumbing and external plaster, 50%
76 of 130Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 114 documents Report an error

Sagar Apt is a Residential / Group Housing project by Silver & Rashi Constructions in Thane, Maharashtra, registered with MahaRERA as P51700023901 on 10 Jan 2020. Possession is promised by 30 Jul 2027. The completion date has moved by 34 months from the original filing. 54 of the 130 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete.

At a glance

Project

  • NameSagar Apt
  • TypeResidential / Group Housing
  • Location
    • Khari gaon
    • Bhayander East
    • Mira-Bhayandar (M Corp.)
    • Thane
    • 401105
  • Pincode401105
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700023901
  • ReraGenie IDRG-MH-14434

Builder

  • NameSilver & Rashi Constructions
  • Entity typePartnership
  • PartnerBindu Shiv Kumar Sharma
  • Other registrations2 more →
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects2 →

Key dates

this monthRegisteredJan 2020First promiseSep 2024Revised toJul 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on10 Jan 2020
  • Promised completion30 Jul 2027
  • Revised completionRevised to 30 Jul 2027 (originally 1 Sep 2024)
  • Buildings1 building record
  • Documents filed114 files

Current status

42%54 of 130 units booked
68.5%Work done, per cost certificate

Figures as on 11 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Sagar ApartmentNA11101300130

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 11 Jul 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 External plumbing and external plaster, at 50%.

Sagar Apartment: 65% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks40%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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.30%

Progress on shared amenities15

As on 11 Jul 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 & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes40%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes30%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed8

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 slots8
Closed/Covered8

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 area1,350 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on15 Jul 2026

Approvals and building plan

Sanctioning authorityMBMC (Mira-Bhayandar Municipal Corporation)
Permissible FSI3153.06
Proposed, not sanctioned3,153 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 branchNilesh Apt, SV Road, Dahisar East, Mumbai
Estimated costRs 9.56 cr
Cost incurredRs 6.55 cr
Work done68.54%
BuildingWingEstimatedIncurred
Sagar ApartmentNARs 9.56 crRs 6.55 cr

Certifying professionals and partners4

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

RoleName
ArchitectBAC PLANNERS AND ENGINEERS PVT LTD
EngineerBAC PLANNERS AND ENGINEERS PVT LTD
Chartered AccountantMANISH K RAMAVATI AND CO
Chartered AccountantR S L & CO.
PartnerRole in project
Silver & Rashi Constructions-

Extensions applied for2

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

EXT51700025201Sep 2024 → Dec 2025

Reason as filed by the promoterUnforeseen delays have impacted our project timeline due to supply chain disruptions, labor shortages, and delays in the procurement of essential materials. These challenges are beyond the control of the developer and have necessitated additional time to ensure the project meets the required quality standards and complies with safety regulations. Furthermore, we anticipate that obtaining the No Objection Certificate (NOC) and Occupancy Certificate (OC) may require additional time; however, we have already applied for the Fire NOC to facilitate this process.

EA05022619729Sep 2024 → Jul 2027

Reason as filed by the promoterThe primary cause of delays has been a shortage of skilled labour and contractor resources, which significantly impacted the project's timeline. In addition, unforeseen disruptions in the supply chain-particularly from May to December-due to issues with contractors and distributors, affected the timely availability of critical materials, further compounding the delays.

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 Jan 2020
  2. Layout approvalOn the file

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

    uploaded 6 Jan 2020
  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 16 Nov 2019
  4. Commencement CertificateOn the file

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

    uploaded 6 Jan 2020Confirm 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 30 Jul 2027

Documents filed114

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 114 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.

DocumentUploaded
Withdrawal Update Form 1File: Sagar Apt - Q3 - Form1 (Dated).pdf11 Jul 2026
Withdrawal Update Form 1File: Sagar Apt - Q3 - Form1 (Dated).pdf11 Jul 2026
Withdrawal Update Form 2File: Sagar Apt - Q3 - Form2 (Dated).pdf11 Jul 2026
Withdrawal Update Form 2File: Sagar Apt - Q3 - Form2 (Dated).pdf11 Jul 2026
Withdrawal Update Form 3File: Sagar Apt - Q3 - CA Form 3 .pdf11 Jul 2026
Withdrawal Update Form 3File: Sagar Apt - Q3 - CA Form 3 .pdf11 Jul 2026
Form 2A (FY 2024-2025)File: Sagar Apt - System generated - Form 2A.pdf5 Feb 2026
Withdrawal Update Form 1File: Sagar Apt - Q3 - Form1 (Dated).pdf3 Feb 2026
Withdrawal Update Form 2File: Sagar Apt - Q3 - Form2 (Dated).pdf3 Feb 2026
Withdrawal Update Form 3File: Sagar Apt - Q3 - CA Form 3 .pdf3 Feb 2026
Withdrawal Update Form 1File: FORM 1 Architect Certificate - Sagar Apt Jun 2025.pdf30 Oct 2025
Withdrawal Update Form 2File: FORM 2 Engineers Certificate - Sagar Apt Jun 2025.pdf30 Oct 2025
Withdrawal Update Form 3File: CA Form 3 Annexure D - Sagar Apt.pdf30 Oct 2025
Form 1File: FORM 1- Sagar Apt Mar 2025.pdf23 Sep 2025
Form 2File: FORM 2 Sagar Apt Mar 2025.pdf23 Sep 2025
Form 3File: Sagar Apt Form 3.pdf23 Sep 2025
Disclosure of Sold and Booked InventoryFile: Sold Unsold March 25 - Sagar.pdf23 Sep 2025
Declaration in FORM BFile: form b.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 1 - Sagar Apt Mar 2021.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Sagar Apt Mar 2025.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: dec 2024.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: sept 2024.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Jun 2024.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Mar 2024.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: dec 2023.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Sagar Apt Sep 2023.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Jun 2023.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2- Sagar Apt Mar 2023.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: GetUserDocumentFileContent.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: dec 2022.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Sep 2022.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Jun 2022.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Mar 2022.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: dec 2021.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Sagar Apt Sep 2021.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Sagar Apt Jun 2021.pdf21 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Sagar Apt Mar 2021.pdf21 May 2025
Disclosure of sold/ booked inventoryFile: Sold Unsold March 25 - Sagar.pdf21 May 2025
Other - TechnicalFile: pert.pdf21 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Jun 2020.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- Sagar Apt Mar 2025.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Dec 2024.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: sept 2024.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Jun 2024.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Mar 2024.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: dec 2023.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 Sagar Apt Sep 2023.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Jun 2023.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Mar 2023.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: dec 2022.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Sep 2022.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Jun 2022.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Mar 2022.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: dec 2021.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Sep 2021.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Jun 2021.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Mar 2021.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- dec 2020.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- Sagar Apt Sep 2020.pdf20 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Sagar Apt Mar 2020.pdf20 May 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Sagar Apt Form 3.pdf20 May 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A ENGR QUALITY CERT 2020-2021 - Sagar.pdf20 May 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 (FY 2021-22)_ Signed.pdf20 May 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A ENGR QUALITY CERT 2021-2022 - Sagar.pdf20 May 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A ENGR QUALITY CERT 2022-2023 - Sagar.pdf20 May 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 - FY 2022-23_Signed.pdf20 May 2025
Disclosure of sold/ booked inventoryFile: Sold Booked Latest.pdf29 Apr 2025
Details of encumbrances concerned to FinanceFile: No encumbrances Certificate - Sagar.pdf26 Apr 2025
CERSAI detailsFile: CERSAI - Sagar.pdf26 Apr 2025
Declaration about all RERA Designated Bank Accounts (Format A)File: FORMAT A - Sagar.pdf26 Apr 2025
Deviation Report with respect to Allotment letterFile: No Deviation from Allotment Letter - Sagar.pdf26 Apr 2025
Details of encumbrances concerned to LegalFile: No encumbrances Certificate - Sagar.pdf26 Apr 2025
Other - TechnicalFile: Anexure A- OP OR - Sagar.pdf26 Apr 2025
Deviation Report with respect to model copy of AgreementFile: no deviation from agreement for sale - Sagar.pdf26 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Shiv Kumar - Disclosure of Interest in Other Real Estate Organizations - Sagar.pdf26 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Bindu - Disclosure of Interest in Other Real Estate Organizations - Sagar.pdf26 Apr 2025
Declaration in FORM BFile: form b - sagar 500.pdf15 Mar 2025
Other - TechnicalFile: PERT Chart - Sagar Apt.pdf15 Mar 2025
Proforma of Allotment letterFile: ALLOTMENT DRAFT NEW - Sagar Apt.pdf4 Feb 2025
Declaration in FORM BFile: form b - sagar.pdf4 Feb 2025

How this compares with Thane

42%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one moved by 34 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 Bhayander East7,600+ in Thane

2 kmSagar AptCompleted 18Lapsed / revoked 19Other 42Dot size: filed unitsN

Filed coordinates, straight-line distance. 79 registered projects within 2 km.

Builder: Silver & Rashi Constructions

SILVER & RASHI CONSTRUCTIONS has 3 registrations on MahaRERA, including DEEPAK APARTMENT and Sagar Apt. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if Sagar Apt is delayed beyond 30 Jul 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 Sagar Apt?

The registered promoter entity is Silver & Rashi Constructions, 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 Sagar Apt?

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 Sagar Apt?

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 Sagar Apt?

The professionals named in the filing: Architect: BAC PLANNERS AND ENGINEERS PVT LTD; Engineer: BAC PLANNERS AND ENGINEERS PVT LTD; Chartered Accountant: MANISH K RAMAVATI AND CO; Chartered Accountant: R S L & 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 Sagar Apt?

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; 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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