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Registered No litigation declared Mixed project

Sai Laxmi

By SILVER & RASHI CONSTRUCTIONS

RG-MH-18714 · RERA PM1330002400059 · Last updated on MahaRERA portal: 10 Jul 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations and every project registered within 2 km.

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Dec 2027Possession promisedno revision filed
3 of 9Construction stages donefurthest along: Slabs of Super Structure, 90%
105 of 105Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 36 documents Report an error

Sai Laxmi is a Mixed project by SILVER & RASHI CONSTRUCTIONS in Thane, Maharashtra, registered with MahaRERA as PM1330002400059 on 7 Oct 2024. Possession is promised by 31 Dec 2027. 0 of the 105 units on this registration are recorded sold or booked, and 3 of 9 construction stages are filed complete.

At a glance

Project

  • NameSai Laxmi
  • TypeMixed
  • Location
    • Talav Road At Khari
    • Bhaynder East
    • Mira-Bhayandar (M Corp.)
    • Thane
    • 401105
  • Pincode401105
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PM1330002400059
  • ReraGenie IDRG-MH-18714

Builder

  • NameSILVER & RASHI CONSTRUCTIONS
  • Entity typePartnership
  • PartnersSHIVKUMAR JUGALKISHOR SHARMA, BINDU SHIVKUMAR SHARMA
  • Other registrations2 more →
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects2 →

Key dates

this monthRegisteredOct 2024PromisedDec 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on7 Oct 2024
  • Promised completion31 Dec 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed36 files

Current status

0%0 of 105 units booked
57.8%Work done, per cost certificate

Figures as on 10 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SAI LAXMINA2222969105

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 10 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.

3 of 9 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 90%.

SAI LAXMI: 61% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt Floor100%
Slabs of Super Structure90%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises40%
Sanitary Fittings within the flats / premises30%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.30%
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 10 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 SupplyNo40%
Sewerage (Chamber, Lines, Septic Tank , STP)No40%
Storm Water DrainsNo40%
Landscaping & Tree PlantingNo40%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNo0%
Solid Waste Management And DisposalNo0%
Water conservation /Rain water harvestingNo0%
Energy managemcntNo0%
Fire protection and fire safety requirementsNo0%
Electrical meter room, sub-station, receiving stationNo0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed91

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 slots91
Stilt / Ground91

Land and ownership2

MahaRERA does not publish landowner contact details. 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 area1,070 sq m
Land owned byNot the promoter
Named landowners2
Encumbrance on the landDeclared none
Declared on8 May 2025
LandownerVillageDistrict
New Sai Charan Co-Op Hsg Soc LtdMira-Bhayandar (M Corp.)Thane
Laxmi Ganga Sadan Co-Op Hsg Soc LtdMira-Bhayandar (M Corp.)Thane

Approvals and building plan

Sanctioning authorityMIRA BHAINDAR MUNICIPAL CORPORATION
Permissible FSI5038.31
Proposed, not sanctioned5,038 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 branchICICI Bank Ltd., Shop No. 1 ,2 3 , Neera Complex , Silent Park , Bhayander East Thane.401105
Estimated costRs 20.48 cr
Cost incurredRs 11.84 cr
Work done57.82%
BuildingWingEstimatedIncurred
SAI LAXMINARs 20.30 crRs 11.84 cr
-NARs 18.00 lakh-

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 & ENGINEERS
EngineerPROTECH CONSULTANTS
Chartered AccountantMANISH K RAMAWATI AND COMPANY
Chartered AccountantD P SHEJWAL AND ASSOCIATES
PartnerRole in project
SILVER & RASHI CONSTRUCTIONS-

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 reportNot on the file

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

  2. Layout approvalOn the file

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

    uploaded 18 Sep 2024
  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 18 Sep 2024
  4. Commencement CertificateNot on the file

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

  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 2027

Documents filed36

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: Form 1 - Sai Laxmi - June 26.pdf10 Jul 2026
Withdrawal Update Form 2File: Form 2 - Sai Laxmi - June 26.pdf10 Jul 2026
Withdrawal Update Form 3File: Form 3 - Sai Laxmi - June 26.pdf10 Jul 2026
Withdrawal Update Form 1File: Withdrawal Application Form1 - Sai Laxmi.pdf9 Apr 2026
Withdrawal Update Form 2File: Withdrawal Application Form2 - Sai Laxmi.pdf9 Apr 2026
Withdrawal Update Form 3File: Form 3 Sai Laxmi - Sep 25.pdf9 Apr 2026
Withdrawal Update Form 1File: Form 1 - Sai Laxmi Sep 2025.pdf29 Oct 2025
Withdrawal Update Form 1File: Form 1 - Sai Laxmi Sep 2025.pdf29 Oct 2025
Withdrawal Update Form 2File: Form 2 - Sai Laxmi Sep 25.pdf29 Oct 2025
Withdrawal Update Form 2File: Form 2 - Sai Laxmi Sep 25.pdf29 Oct 2025
Withdrawal Update Form 3File: Form 3 Sai Laxmi - Sep 25.pdf29 Oct 2025
Withdrawal Update Form 3File: Form 3 Sai Laxmi - Sep 25.pdf29 Oct 2025
Withdrawal Update Form 1File: Form 1 - Sai Laxmi Sep 2025.pdf18 Oct 2025
Withdrawal Update Form 2File: Form 2 - Sai Laxmi Sep 25.pdf18 Oct 2025
Withdrawal Update Form 3File: Form 3 Sai Laxmi - Sep 25.pdf18 Oct 2025
Withdrawal Update Form 1File: Form 1 - Sai Laxmi Sep 2025.pdf17 Oct 2025
Withdrawal Update Form 2File: Form 2 - Sai Laxmi Sep 25.pdf17 Oct 2025
Withdrawal Update Form 3File: Form 3 Sai Laxmi - Sep 25.pdf17 Oct 2025
Withdrawal Update Form 1File: Withdrawal Application Form1.pdf21 Jul 2025
Withdrawal Update Form 2File: Withdrawal Application Form2.pdf21 Jul 2025
Withdrawal Update Form 3File: Withdrawal Application Form3 - Sai Laxmi.pdf21 Jul 2025
Withdrawal Update Form 1File: Withdrawal Application Form1.pdf11 Jul 2025
Withdrawal Update Form 2File: Withdrawal Application Form2.pdf11 Jul 2025
Withdrawal Update Form 3File: Withdrawal Application Form3 - Sai Laxmi.pdf11 Jul 2025
Form 1File: FORM 1 Architect Certificate - Sai Laxmi 2024 11-09.pdf8 May 2025
Form 2File: FORM 2 Engineers Certificate - Sai Laxmi 2024 11-09.pdf8 May 2025
Form 3File: Declaration for Dec 24 - Sai Laxmi.pdf8 May 2025
Disclosure of Sold and Booked InventoryFile: Disclosure Dec 24 - Sai Laxmi.pdf8 May 2025
Self-declaration of Quarterly ProgressFile: Declaration for Dec 24 - Sai Laxmi.pdf8 May 2025
Form 1File: FORM 2 Engineers Certificate - Sai Laxmi 2024 11-09.pdf8 May 2025
Form 2File: Declaration for Dec 24 - Sai Laxmi.pdf8 May 2025
Form 3File: FORM 1 Architect Certificate - Sai Laxmi 2024 11-09.pdf8 May 2025
Disclosure of Sold and Booked InventoryFile: Declaration for Dec 24 - Sai Laxmi.pdf8 May 2025
Self-declaration of Quarterly ProgressFile: Disclosure Dec 24 - Sai Laxmi.pdf8 May 2025
Layout approvalFile: PLAN.pdf18 Sep 2024
Building plan approvalFile: PLAN.pdf18 Sep 2024

Promoter's earlier projects2

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 promise1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Sagar ApartmentS. No. 99 H No. 7A Village - Khari Tal & Dist - Thane125OngoingDec 2024Dec 2024
Deepak ApartmentS. No. 54 H. No. 6 & 7 Village - Khari Tal & Dist - Thane54CompletedNov 2020Late, May 2024

How this compares with Thane

0%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one has not
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 Bhaynder East7,600+ in Thane

2 kmSai LaxmiCompleted 86Lapsed / revoked 67Other 94Dot size: filed unitsN

Filed coordinates, straight-line distance. 247 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 Sai Laxmi is delayed beyond 31 Dec 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 Sai Laxmi?

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 Sai Laxmi?

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 Sai Laxmi?

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 Sai Laxmi?

The professionals named in the filing: Architect: BAC PLANNERS & ENGINEERS; Engineer: PROTECH CONSULTANTS; Chartered Accountant: MANISH K RAMAWATI AND COMPANY; Chartered Accountant: D P SHEJWAL AND 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 Sai Laxmi?

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.

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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