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Silver Oak at Prestige Residency
By PRESCON Realtors & Infrastructures Pvt. ltd.
RG-MH-10744 · RERA P51700002982 · Last updated on MahaRERA portal: 13 May 2020
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
Silver Oak at Prestige Residency is a Residential / Group Housing project by PRESCON Realtors & Infrastructures Pvt. ltd. in Thane, Maharashtra, registered with MahaRERA as P51700002982 on 4 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2020. The completion date has moved by 12 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameSilver Oak at Prestige Residency
- TypeResidential / Group Housing
- Location
- Ghodbunder road
- Kavesar
- Thane (M Corp.)
- Thane
- 400610
- Pincode400610
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700002982
- ReraGenie IDRG-MH-10744
Builder
- NamePRESCON Realtors & Infrastructures Pvt. ltd.
- Entity typeCompany
- Managing DirectorVinay S Kedia
- ChairpersonNitin S Kedia
- Declared earlier projects5 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on4 Aug 2017
- Promised completion30 Dec 2020
- Revised completionRevised to 30 Dec 2020 (originally 31 Dec 2019)
- Buildings1 building record
- Documents filed46 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Silver Oak | NA | 29 | 0 | 0 | 0 | 0 |
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 13 May 2020, 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.
11 of 11 construction stages are filed complete.
Silver Oak: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 13 May 2020, 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
Parking filed117
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.
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
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 | M S Bakshi & Associates |
| Engineer | R C Tipnis |
| Chartered Accountant | Sandeep rathi & Associates |
| Chartered Accountant | SKPAG & Co |
| Partner | Role in project |
|---|---|
| PRESCON Realtors & Infrastructures Pvt. ltd. | - |
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 promoter• The said building under reference in is completed in all respects and ready for possession much prior to the scheduled date. ( Architects certificate of completion dt. 30.06.2019 attached ). • Further, we had applied to the Thane Municipal Corporation for grant of Occupancy Certificate for the above building on 5th February 2019. The Corporation ( TMC ) completed its inspection, and by its letter dated 8th March 2019 granted approval for issuing occupation certificate subject to compliance of certain conditions w.r.t. U.L.C. Department and payment of charges mentioned therein. • We have to i
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000591405 | M/s Prestige Residency Silver Oak Co-operative Housing Limited | - | 06/08/2024 |
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 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 19 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 19 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 19 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 13 May 2020
Documents filed46
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Silver Oak OC certificate 120520.pdf | 13 May 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Silver Oak Architect certificate 300919.pdf | 12 Nov 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Silver Oak Engineer certificate 300919.pdf | 12 Nov 2019 |
| Certificates of CA (Form 5)File: Silver Oak CA certificate 300919.pdf | 12 Nov 2019 |
| Architect’s Certificate on Completion of Project (Form 4)File: Silver Oak Architect certificate 300919.pdf | 12 Nov 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect_certificate_June19.pdf | 27 Aug 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engineer_certificate_June19.pdf | 27 Aug 2019 |
| Certificates of CA (Form 3)File: CA_Certificate_June19.pdf | 27 Aug 2019 |
| Certificates of CA (Form 5)File: Form 5_Chartered Accountant Annual Report18_19.pdf | 27 Aug 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certi.pdf | 9 Feb 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certi Dec18.pdf | 9 Feb 2019 |
| Certificates of CA (Form 3)File: CA Certi Dec18.pdf | 9 Feb 2019 |
| Certificates of CA (Form 5)File: Form 5_Chartered Accountant Annaul Report.pdf | 14 Dec 2018 |
| Details of encumbrancesFile: MortgageDeedIndex2_ECL.pdf | 16 Nov 2018 |
| Details of encumbrancesFile: NOC_IBulls_PRIPL.pdf | 16 Nov 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect CERT Sept18.pdf | 5 Nov 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Cert Sept18.pdf | 5 Nov 2018 |
| Certificates of CA (Form 3)File: CA certificate sept18.pdf | 5 Nov 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERT.pdf | 1 Sep 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg cert.pdf | 1 Sep 2018 |
| Certificates of CA (Form 3)File: CA certificate.pdf | 1 Sep 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect certificate 310318.pdf | 30 May 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate 310318.pdf | 30 May 2018 |
| Certificates of CA (Form 3)File: CA certificate 310318.pdf | 30 May 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 3rd Architect Certificate as on 30-12-17.pdf | 25 Jan 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 3rd Engineer Certificate as on 30-12-17.pdf | 25 Jan 2018 |
| Certificates of CA (Form 3)File: 3rd CA Certificate as on 30-12-17.pdf | 25 Jan 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 2nd-Architect-CERTIFICATE as on 261017.pdf | 1 Nov 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 2nd-ENGINEER CERTIFICATE as on 300917.pdf | 1 Nov 2017 |
| Certificates of CA (Form 3)File: 2nd-CA CERTIFICATE as on 300917.pdf | 1 Nov 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 2nd-Architect-CERTIFICATE as on 261017.pdf | 31 Oct 2017 |
| Proforma of Allotment letterFile: Agreement-Allotment letter-Final 220717.pdf | 22 Jul 2017 |
| Building plan approvalFile: 4 Bldg Plan 2.pdf | 19 Jul 2017 |
| Layout approvalFile: 4 Layout Plan.pdf | 19 Jul 2017 |
| Building plan approvalFile: 4 Bldg Plan 1.pdf | 19 Jul 2017 |
| PAN CardFile: 1 Pan Card.pdf | 19 Jul 2017 |
| Copy of the legal title reportFile: 2 Title Reports.pdf | 19 Jul 2017 |
| Details of encumbrancesFile: 3 Mortgage Deed Index 2.pdf | 19 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: 4 Layout Plan.pdf | 19 Jul 2017 |
| Building Plan Approval (IOD)File: 4 Bldg Plan 1.pdf | 19 Jul 2017 |
| Building Plan Approval (IOD)File: 4 Bldg Plan 2.pdf | 19 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: 12 Commence Certi.pdf | 19 Jul 2017 |
| Declaration in FORM BFile: 6 Form B.pdf | 19 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 1st-ARCHITECT CERTIFICATE as on 300617.pdf | 19 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 1st-Engineer certificate as on 300617.pdf | 19 Jul 2017 |
| Certificates of CA (Form 3)File: 1st-CA-CERTIFICATE as on 300617.pdf | 19 Jul 2017 |
Promoter's earlier projects4
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Hill View, Prestige Residency | Ghodbunder road - Thane west | 104 | Completed | Dec 2014 | Late, Feb 2017 |
| Gardenia, Prestige Residency | Ghodbunder road - Thane west | 120 | Completed | Dec 2012 | Late, Sep 2014 |
| Azelia, Prestige Residency | Ghodbunder road Thane West | 73 | Completed | Sep 2012 | Late, Sep 2014 |
| Primrose, Prestige Residency | Ghodbunder road - Thane west | 56 | Completed | Dec 2011 | Late, Mar 2013 |
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How this compares with Thane
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Buyer report
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- 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 46 filed documents as one ZIP, foldered, with a manifest
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Builder: PRESCON Realtors & Infrastructures Pvt. ltd.
PRESCON Realtors & Infrastructures Pvt. ltd. has 1 registration on MahaRERA, including Silver Oak at Prestige Residency. Its filings disclose 5 earlier MahaRERA projects: declares 1 of 5 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 Silver Oak at Prestige Residency is delayed beyond 30 Dec 2020?
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 Silver Oak at Prestige Residency?
The registered promoter entity is PRESCON Realtors & Infrastructures Pvt. ltd., 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 Silver Oak at Prestige 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 Silver Oak at Prestige 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 Silver Oak at Prestige 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 Silver Oak at Prestige Residency?
The professionals named in the filing: Architect: M S Bakshi & Associates; Engineer: R C Tipnis; Chartered Accountant: Sandeep rathi & Associates; Chartered Accountant: SKPAG & 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 Silver Oak at Prestige 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.
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