Home / Browse projects / Thane, Maharashtra / Shubh Vastu Phase III
Shubh Vastu Phase III
By SHUBH HOMES
RG-MH-06160 · RERA P51700052762 · Last updated on MahaRERA portal: 30 Jun 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 2 earlier projects delivered on promise
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.
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.
Shubh Vastu Phase III is a Residential / Group Housing project by SHUBH HOMES in Thane, Maharashtra, registered with MahaRERA as P51700052762 on 22 Sep 2023. Possession is promised by 31 Dec 2026. The completion date has moved by 12 months from the original filing. 14 of the 112 units on this registration are recorded sold or booked, and 16 of 22 construction stages are filed complete.
At a glance
Project
- NameShubh Vastu Phase III
- TypeResidential / Group Housing
- Location
- Survey No 143
- Hissa No 2A(P)
- Shirgaon
- Badlapur
- Badlapur (M Cl)
- Ambarnath
- Thane
- 421503
- Pincode421503
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700052762
- ReraGenie IDRG-MH-06160
Builder
- NameSHUBH HOMES
- Entity typePartnership
- PartnersBHARAT NARAYAN PATEL, JIGNESH BHARATBHAI SHAH, MUKESH SHAMJI SATRA, SHEKHAR PRABHAKAR PARAB, SUNIL KANAYALAL NIHALANI, SURESH NARAYAN PATEL, VIPUL BHARAT SHAH, LALJI DAMJI SHANKHALA, SHANTILAL SHIVJI PATEL, POOJA KAILASH DESAI, JANARDAN LAHU DAYARE, KAILAS BABAN MHASKAR
- Other registrations2 more →
- Completed1 of 3
- No longer live1 lapsed, de-registered or revoked
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on22 Sep 2023
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2025)
- Buildings2 building records
- Documents filed56 files
Current status
Figures as on 30 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing D | NA | 8 | 7 | 56 | 0 | 56 |
| Wing E | NA | 8 | 7 | 56 | 0 | 56 |
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 30 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.
16 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Installation of Lifts, at 90%.
Wing D81%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| 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 | 0% |
| 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. | 90% |
Wing E81%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| 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 | 0% |
| 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. | 90% |
Progress on shared amenities15
As on 30 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed134
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 |
|---|---|---|---|
| Wing D | 1 | 66 | 67 |
| Wing E | 1 | 66 | 67 |
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Devidas Sadashiv Patil | Badlapur (M Cl) | 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 |
|---|---|---|---|
| Wing D | NA | Rs 6.60 cr | Rs 6.27 cr |
| Wing E | NA | Rs 6.56 cr | Rs 6.23 cr |
| - | NA | Rs 1.32 cr | Rs 46.06 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Architects Inc |
| Engineer | S V Patel & Associates |
| Chartered Accountant | Mukesh Gurnani |
| Chartered Accountant | VRP & Associates |
| Partner | Role in project |
|---|---|
| SHUBH HOMES | - |
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 promoterThe Promoter respectfully submits that the construction of the Project is substantially completed, with more than 90% of the total construction work already executed. The structural work and all major internal works of the buildings have been fully completed. At present, only certain external development works such as finishing of peripheral areas, internal access roads, landscaping, and amenities-related works are pending. These works are ancillary in nature and do not affect the structural stability or habitability of the Project. Further, the Occupancy Certificate (OC) has not yet been obta
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 19 Jun 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 19 Jun 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 19 Jun 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 14 Sep 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 filed56
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 31122025 Q3.pdf | 30 Jun 2026 |
| Withdrawal Update Form 2File: Form 2 31122025 Q3.pdf | 30 Jun 2026 |
| Withdrawal Update Form 3File: Form 3 Shubh Homes C and D 31122025.pdf | 30 Jun 2026 |
| Form 2A (FY 2024-2025)File: Form 2A.pdf | 9 Feb 2026 |
| Withdrawal Update Form 1File: Form 1 31122025 Q3.pdf | 27 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 31122025 Q3.pdf | 27 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Shubh Homes C and D 31122025.pdf | 27 Jan 2026 |
| Withdrawal Update Form 1File: Architect's Certificate.pdf | 8 Jan 2026 |
| Withdrawal Update Form 1File: Architect's Certificate.pdf | 8 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 30092025 Q2.pdf | 8 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 30092025 Q2.pdf | 8 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Shubh Homes C and D 30062025.pdf | 8 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Shubh Homes C and D 30092025.pdf | 8 Jan 2026 |
| Form 5 (FY 2024-2025)File: Form 5 Shubh Homes Phase III.pdf | 30 Sep 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 D and E.pdf | 27 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 30062024 D and E.pdf | 23 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 30092024 D and E.pdf | 23 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 30062024 D and E.pdf | 17 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 30092024 D and E.pdf | 17 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: SIgned-Form 5 Shubh Homes phase 3.pdf | 29 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: IMG-20230914-WA0050.pdf | 14 Sep 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 9 Annexture A-3 Vipul Shah.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 10 Annexture A-9 Lalji Shankala.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 11 Annexture A-8 Shantilal Patel.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Pooja Desai.pdf | 2 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Mukesh Satra.pdf | 2 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 1339-RERA CERTIFICATE.pdf | 2 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's Certificate.pdf | 30 Jun 2023 |
| Proforma of Agreement for saleFile: Draft AFS.pdf | 30 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate_11zon.pdf | 24 Jun 2023 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 20 Jun 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Declaration Format A.pdf | 20 Jun 2023 |
| Deviation Report with respect to Allotment letterFile: No Deviation Wrt Allotment Letter.pdf | 20 Jun 2023 |
| Deviation Report with respect to model copy of AgreementFile: No Deviation Wrt Agreement.pdf | 20 Jun 2023 |
| Layout approvalFile: Plan Layout.pdf | 19 Jun 2023 |
| Building plan approvalFile: Floor Plan D.pdf | 19 Jun 2023 |
| Building plan approvalFile: Floor Plan E.pdf | 19 Jun 2023 |
| PAN CardFile: Pan Card - Shubh Homes.pdf | 19 Jun 2023 |
| Copy of the legal title reportFile: Legal Title Report.pdf | 19 Jun 2023 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance.pdf | 19 Jun 2023 |
| Details of encumbrances concerned to LegalFile: No Encumbrance.pdf | 19 Jun 2023 |
| Copy of Layout Approval (in case of layout)File: Plan Layout.pdf | 19 Jun 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Floor Plan D.pdf | 19 Jun 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Floor Plan E.pdf | 19 Jun 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate_11zon.pdf | 19 Jun 2023 |
| Declaration about Commencement CertificateFile: Form D.pdf | 19 Jun 2023 |
| Declaration in FORM BFile: Form - B Shubh Homes.pdf | 19 Jun 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200271888533_For_Asset_Based_Search_19_06_2023_18_06_41_650.pdf | 19 Jun 2023 |
| CERSAI detailsFile: CERSAI Declaraion.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 1 Annexture A-2 Bharat Patel.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 2 Annexture A-5 Janardan Dayare.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 3 Annexture A-1 Jignesh Shah.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 4 Annexture A-4 Kailash Mhaskar.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 6 Annexure A Shekhar Parab.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 7 Annexture A-7 Sunil Nihalani.pdf | 19 Jun 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 8 Annexture A-6 Suresh Patel.pdf | 19 Jun 2023 |
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.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| SHUBH VASTU WING B AND CP51700030393 | AMBERNATH, Thane | 227 | Aug 2021 | Completed | Dec 2025 | Feb 2025 |
| SHUBH VASTUP51700019303 | BADLAPUR, Thane | - | Jan 2019 | Completed | Dec 2022 | Sep 2022 |
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How this compares with Thane
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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.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 56 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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See every Thane project, with the district possession charts
Builder: SHUBH HOMES
SHUBH HOMES has 3 registrations on MahaRERA, including SHUBH VASTU and SHUBH VASTU WING B AND C. Its filings disclose 2 earlier MahaRERA projects: declares 2 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 Shubh Vastu Phase III 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 Shubh Vastu Phase III?
The registered promoter entity is SHUBH HOMES, 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 Shubh Vastu Phase III?
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 Shubh Vastu Phase III?
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 Shubh Vastu Phase III?
The professionals named in the filing: Architect: Architects Inc; Engineer: S V Patel & Associates; Chartered Accountant: Mukesh Gurnani; Chartered Accountant: VRP & 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 Shubh Vastu Phase III?
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.
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