Home / Browse projects / Thane, Maharashtra / Shantaram Park Residency
Shantaram Park Residency
RG-MH-25921 · RERA P51700009534 · Last updated on MahaRERA portal: 12 Dec 2025
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- 7 complaints at MahaRERA
- Completion date moved by 64 months
- 5 extensions taken
Clear
- No litigation declared
- No encumbrance on the project land
- 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.
Shantaram Park Residency is a Residential / Group Housing project by Shubha Developers in Thane, Maharashtra, registered with MahaRERA as P51700009534 on 22 Aug 2017. Possession is promised by 7 Dec 2026. The completion date has moved by 64 months from the original filing. 105 of the 154 units on this registration are recorded sold or booked, and 13 of 22 construction stages are filed complete. 7 complaints are on record with the regulator.
At a glance
Project
- NameShantaram Park Residency
- TypeResidential / Group Housing
- Location
- Wafe Road
- Wafe
- Vafe
- Shahapur
- Thane
- 421601
- Pincode421601
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700009534
- ReraGenie IDRG-MH-25921
Builder
- NameShubha Developers
- Entity typePartnership
- PartnerShubha Mall
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on22 Aug 2017
- Promised completion7 Dec 2026
- Revised completionRevised to 7 Dec 2026 (originally 1 Aug 2021)
- Buildings2 building records
- Documents filed54 files
Current status
Figures as on 12 Dec 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Type A | NA | 8 | 7 | 105 | 0 | 105 |
| Type B | NA | 6 | 5 | 49 | 0 | 49 |
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 12 Dec 2025, 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.
13 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is External plumbing and external plaster, at 90%.
Type A65%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 80% |
| Sanitary Fittings within the flats / premises | 50% |
| 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. | 90% |
| 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% |
Type B77%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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. | 50% |
Progress on shared amenities15
As on 12 Dec 2025, 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 | 75% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 85% |
| Storm Water Drains | Yes | 20% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 70% |
| 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 | 100% |
| Energy managemcnt | No | Not applicable |
| 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 filed176
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 | Open Space | Total |
|---|---|---|---|
| Type A | 1 | 87 | 88 |
| Type B | 1 | 87 | 88 |
Land and ownership1
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.
| Landowner | Village | District |
|---|---|---|
| Sulbha Sudhakar Dingore | Vafe | Thane |
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 |
|---|---|---|---|
| Type A | NA | Rs 8.42 cr | Rs 7.16 cr |
| - | NA | Rs 5.30 cr | Rs 5.86 cr |
| Type B | NA | Rs 2.92 cr | Rs 2.72 cr |
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | ASHISH VAIDHYA |
| Engineer | RAVI MALL |
| Chartered Accountant | NEHALI & CO |
| Partner | Role in project |
|---|---|
| Shubha Developers | - |
Extensions applied for5
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDue to COVID-19 pandemic situation thus causing non-availability of labours for site work.
Reason as filed by the promoterDUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 27/12/2023
Reason as filed by the promoterDUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 27/12/2024
Reason as filed by the promoterDue to shortage of material and labor not able to complete please grant us extension till 27/12/2025
Reason as filed by the promoterWe wish to bring to your kind attention the progress and challenges faced in the timely completion of our real estate project, Shantaram Park Residency, located at Shahpur, Thane. As of today, out of the two buildings in the project-Type-A and Type-B, Type-B is 100% and Type-A is 90% complete. The completion of Type-A has been delayed due to circumstances beyond our control. Despite our sincere efforts to adhere to the project timeline, several unforeseen challenges impacted progress: 1. Delay in Availability of Skilled Labour The project faced persistent shortages of skilled and semi-skilled
Complaints filed with MahaRERA7
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000198487 | SHANTARAM PARK RESIDENCY ALLOTTEEWELFARE ASSOCIATION | SHUBHA DEVELOPERS | 09/10/2021 |
| CC12400602 | Subhash Gobaru More | Shubha Developers | 28/10/2024 |
| CC12501778 | shalaka sameer kadam | Shubha Developers | 30/05/2025 |
| CC12502864 | RAJENDRA MURALIDHAR GANGURDE | Shubha Developers | 15/08/2025 |
| CC12503120 | Asha Sahebrao Patil | Shubha Developers | 04/09/2025 |
| CC12600521 | Mukesh Rajbal Tyagi | Shubha Developers | 30/01/2026 |
| CC12604065 | Amol Komalsingh Thoke | Shubha Developers | 30/06/2026 |
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 28 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 31 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 8 Jul 2021Confirm 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 7 Dec 2026
Documents filed54
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: Form-1 Architect Certificate 30-11-25.pdf | 12 Dec 2025 |
| Withdrawal Update Form 2File: Engineer Certificate Form-2 30-9-25.pdf | 12 Dec 2025 |
| Withdrawal Update Form 3File: Form-3 Signed CA Certificate Sept-25.pdf | 12 Dec 2025 |
| Withdrawal Update Form 1File: Form-1 Architect Certificate.pdf | 11 Dec 2025 |
| Withdrawal Update Form 2File: Engineer Certificate Form-2 1-7-25.pdf | 11 Dec 2025 |
| Withdrawal Update Form 3File: Form-3 Sept-23 Scanned.pdf | 11 Dec 2025 |
| Declaration in FORM BFile: Form B Scanned 26-11-24.pdf | 27 Nov 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: form 1.pdf | 21 Nov 2024 |
| Certificates of CA (Form 3)File: form 3.pdf | 21 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: form 2A 23-24.pdf | 21 Nov 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1.pdf | 16 Oct 2024 |
| Certificates of CA (Form 3)File: Form 3.pdf | 16 Oct 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A.pdf | 16 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form-5 23-24.pdf | 16 Oct 2024 |
| Declaration in FORM BFile: Form B - Affidavit 20-10-23 - R2 (1).pdf | 27 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 - Architect Certificate 1-10-23.pdf | 27 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate Form-2 01-10-23.pdf | 27 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A (quality assurance) 19-10-23.pdf | 27 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure 1-10-23.pdf | 27 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 Sept-23 Scanned.pdf | 27 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form-5 Scanned 22-23.pdf | 27 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Engineer form 2A 21-22.pdf | 8 Dec 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form-5 21-22 Scanned.pdf | 8 Dec 2022 |
| Disclosure of sold/ booked inventoryFile: Inventory Disclosure 17-8-22.pdf | 19 Aug 2022 |
| CERSAI detailsFile: CERSAI DECLARATION.pdf | 19 Aug 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 2020-21.pdf | 19 Aug 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer certificate Form 2 - 24-2-22.pdf | 15 Mar 2022 |
| Certificates of CA (Form 3)File: CA Form 3 11-3-22 Compressed.pdf | 15 Mar 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 24-2-22.pdf | 26 Feb 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: FORM 5 17-18.pdf | 19 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM 5 18-19.pdf | 19 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 19-20.pdf | 19 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: TP Approval (1) CC.pdf | 8 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A - 19-20.pdf | 8 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A - 20-21.pdf | 8 Jul 2021 |
| Disclosure of sold/ booked inventoryFile: inventory disclosure.pdf | 8 Jul 2021 |
| Declaration about Commencement CertificateFile: CC COVERING LETTER.pdf | 7 Jul 2021 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE-BLANK AGGREMENT - RERA.pdf | 5 Jul 2019 |
| Building plan approvalFile: TP Approval_opt.pdf | 31 Jul 2017 |
| Building Plan Approval (IOD)File: TP Approval_opt.pdf | 31 Jul 2017 |
| Declaration in FORM BFile: Form B - Shubha Developers_opt.pdf | 31 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 - Architect Certificate_opt.pdf | 31 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 - Engineer Certificate_opt.pdf | 31 Jul 2017 |
| Certificates of CA (Form 3)File: Form-3 - CA Certificate.pdf | 31 Jul 2017 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE-BLANK AGGREMENT - RERA.pdf | 31 Jul 2017 |
| Proforma of Allotment letterFile: Allotment Letter - BLANK.pdf | 31 Jul 2017 |
| Layout approvalFile: SP Approved DWG 1.pdf | 28 Jul 2017 |
| Layout approvalFile: TP Approval_opt.pdf | 28 Jul 2017 |
| PAN CardFile: Shubha Developers PAN.pdf | 28 Jul 2017 |
| Copy of the legal title reportFile: Title Certificate Original_opt.pdf | 28 Jul 2017 |
| Details of encumbrancesFile: No Encumbrances Declaration.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: SP Approved DWG 1.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: TP Approval_opt.pdf | 28 Jul 2017 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
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.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 54 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- 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
Keep Shantaram Park Residency on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Wafe7,600+ in Thane
Filed coordinates, straight-line distance. 57 registered projects within 2 km.
BELLA VISTA PHASE 8
INDO ASIAN BUILDCON PVT LTD
RUSTOMJEE BELLE VUE
KEYSTONE REALTORS LIMITED
THE VENISCAPE
MIVAAN BUILDCON PRIVATE LIMITED
VISION SKY WORLD
M/S VISION SKY WORLD
Sunteck FORESTWorld 1
SUNTECK REALTY HOLDINGS PVT LTD
Sunteck FORESTWorld 2
SUNTECK REALTY HOLDINGS PVT LTD
See every Thane project, with the district possession charts
Builder: Shubha Developers
Shubha Developers has 1 registration on MahaRERA, including Shantaram Park Residency. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if Shantaram Park Residency is delayed beyond 7 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 Shantaram Park Residency?
The registered promoter entity is Shubha Developers, 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 Shantaram Park Residency?
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 do I read the complaint cases filed against Shantaram Park Residency?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Shantaram Park Residency?
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 Shantaram Park Residency?
The professionals named in the filing: Architect: ASHISH VAIDHYA; Engineer: RAVI MALL; Chartered Accountant: NEHALI & 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 Shantaram Park Residency?
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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback