Home / Browse projects / Thane, Maharashtra / SIYARA ICON
SIYARA ICON
RG-MH-68979 · RERA P51700034763 · Last updated on MahaRERA portal: 10 Aug 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Completion date moved by 36 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 1 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.
SIYARA ICON is a Others project by SHAKTI REALTY in Thane, Maharashtra, registered with MahaRERA as P51700034763 on 28 Apr 2022. Possession is promised by 31 Dec 2028. The completion date has moved by 36 months from the original filing. 22 of the 111 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameSIYARA ICON
- TypeOthers
- Location
- RANJNOLI
- BHIWANDI
- Thane
- 421302
- Pincode421302
- RERA no.P51700034763
- ReraGenie IDRG-MH-68979
Builder
- NameSHAKTI REALTY
- Entity typePartnership
- GSTIN27ACWFS1734P1Z6
- GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- PartnerJANAK PUNJALAL PATEL
- Other registrations7 more →
- Completed1 of 8
- No longer live1 lapsed, de-registered or revoked
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Apr 2022
- Promised completion31 Dec 2028
- Revised completionRevised to 31 Dec 2028 (originally 31 Dec 2025)
- Buildings1 building record
- Documents filed69 files
Current status
Figures as on 10 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SIYARA ICON | NA | 10 | 10 | 67 | 44 | 111 |
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 Aug 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 11 construction stages are filed complete. The stage furthest along is Stilt Floor, at 92%.
SIYARA ICON: 47% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 92% |
| Slabs of Super Structure | 43% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 14% |
| Sanitary Fittings within the flats / premises | 5% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 52% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 8% |
| 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. | 8% |
Progress on shared amenities15
As on 10 Aug 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 | Yes | 75% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 6% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 75% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| 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 | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed131
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 ownership4
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 |
|---|---|---|
| PRAKASHSINGH HARISINGH HIRA | Pimpalghar | Thane |
| ANALSINGH HOLASINGH HIRA | Ranjnoli | Thane |
| DILIPSINGH ANALSINGH HIRA | Ranjnoli | Thane |
| SURENDRASINGH ANALSINGH HIRA | Ranjnoli | 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 |
|---|---|---|---|
| SIYARA ICON | NA | Rs 40.27 cr | Rs 14.80 cr |
| - | NA | Rs 2.68 cr | Rs 47.65 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | K K AND ASSOCIATES |
| Engineer | K K AND ASSOCIATES |
| Chartered Accountant | N D CHHEDA & ASSOCIATES |
| Chartered Accountant | N D CHHEDA AND ASSOCIATES |
| Chartered Accountant | Nakrani and Co |
| Partner | Role in project |
|---|---|
| SHAKTI REALTY | - |
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 promoterWe hereby submit this letter as a formal request for the extension of the MahaRERA registration for our project Siyara Icon (Reg. No. P51700034736). The project has encountered unforeseen delays due to a combination of unavoidable circumstances. The initial project design, approved for G+10, was dependent upon the availability of MMRDA Transferable Development Rights (TDR) in the region. Unfortunately, despite our continuous efforts, the anticipated MMRDA TDR has not been available since the commencement of the project. To prevent further delay and to ensure progress, we were compelled to proc
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 18 Apr 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Mar 2022 - 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 Mar 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Mar 2022Confirm 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 2028
Documents filed69
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_Siyara Icon_Q1_FY 26-27_Signed.pdf | 10 Aug 2026 |
| Withdrawal Update Form 2File: Form_2_Siyara Icon_Q1_FY 26-27_Signed.pdf | 10 Aug 2026 |
| Withdrawal Update Form 3File: Form 3_Siyara icon_Q1_FY 26-27_Signed.pdf | 10 Aug 2026 |
| Withdrawal Update Form 1File: FORM_1_Siyara Icon_Q4_FY 2025-26_Signed.pdf | 1 Jun 2026 |
| Withdrawal Update Form 2File: FORM_2_Siyara Icon_Q4_FY 2025-26_Signed.pdf | 1 Jun 2026 |
| Withdrawal Update Form 3File: FORM_3_Siyara Icon_Q4_FY 2025-26_Signed.pdf | 1 Jun 2026 |
| Withdrawal Update Form 1File: FORM_1_SIYARA ICON_Q3_FY 2025-26_signed.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: FORM_2_SIYARA ICON_Q3_FY 2025-26_signed.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: FORM 3_SIYARA_ICON_Q3_FY_2025-26_Signed.pdf | 20 Jan 2026 |
| Form 2A (FY 2024-2025)File: FORM_2A_SIYARA_ICON_FY_2024-25_Signed.pdf | 18 Dec 2025 |
| Withdrawal Update Form 1File: Form_1_Siyara Icon_Q2_FY 2025-26_signed.pdf | 26 Nov 2025 |
| Withdrawal Update Form 2File: Form_2_Siyara Icon_Q2_FY 2025-26_signed.pdf | 26 Nov 2025 |
| Withdrawal Update Form 3File: FORM_3_SIYARA_ICON_Q2_FY_2025-26-Signed.pdf | 26 Nov 2025 |
| Withdrawal Update Form 1File: Form_1_Siyara Icon_Q1_FY 2025-26_Signed.pdf | 11 Aug 2025 |
| Withdrawal Update Form 2File: Form_2_Siyara_Icon_Q1_FY 2025-26-Signed.pdf | 11 Aug 2025 |
| Withdrawal Update Form 3File: Form 3_Siyara Icon_Q1_FY 2025-26_signed.pdf | 11 Aug 2025 |
| Form 5 (FY 2023-2024)File: Form 5_Siyara Icon_Shakti Realty_31-03-2024-Signed.pdf | 19 Jul 2025 |
| Form 5 (FY 2024-2025)File: Form 5_Siyara Icon_Fy 24-25_Signed.pdf | 17 Jul 2025 |
| Form 1File: Siyara Icon_FORM 1_Q4_2024-25.pdf | 3 Jul 2025 |
| Form 2File: Siyara Icon_FORM 2_Q4_2024-25.pdf | 3 Jul 2025 |
| Form 3File: Form 3_Siyara Icon_Mar 25_Signed.pdf | 3 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure_sold_unsold_units_Siyara_Icon_Q4.pdf | 3 Jul 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM I_Q3 FY 2024-25.pdf | 3 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Siyara Icon_Dec 24_Signed.pdf | 3 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM II_Q3 FY 2024-25.pdf | 3 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: SIYARA ICON_FORM 2A_FY 23-24.pdf | 7 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Architect Certificate_Siyara Icon_Dt_30-09-2024_With Sign.pdf | 26 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Siyara Icon_Sep 24-Signed.pdf | 26 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2_Engineer Certificate_Siyara Icon_Dt_30-09-2024_With Sign.pdf | 26 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5_Siyara Icon_Shakti Realty_31-03-2024-Signed.pdf | 25 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form-1 Architect Certificate_30-06-2024.pdf | 8 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2_Enginner certificate Siyara Icon_30-06-2024.pdf | 8 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Siyara Icon_June 24_Signed.pdf | 8 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1 31-3-2024 Siyara Icon_Architect Certificate.pdf | 16 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer certificate-_Siyara Icon_31-3-2024.pdf | 16 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Siyara Icon_Mar-24.pdf | 16 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE (SIYARA ICON)_Dec-23.pdf | 14 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEERS CERTIFICATE (SIYARA ICON)_Dec-23.pdf | 14 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A_Engineer Certificate_Siyara Icon_2022-23.pdf | 14 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold booked inventory_Dec23.pdf | 14 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Siyara Icon_Dec-23_compressed.pdf | 14 Mar 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Separate Bank Ac Siyara Icon.pdf | 14 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_Siyara Icon_Shakti Realty_31-03-2023_Signed.pdf | 10 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Architect Certificate Dt18-05-2023_Siyara Icon_compressed.pdf | 1 Jun 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer Certificate Dt18-05-2023_Siyara Icon_compressed.pdf | 1 Jun 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Siyara Icon Architect Certificate 16-02-2023.pdf | 24 Mar 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Siyara Icon Engineer Certificate 16-02-2023.pdf | 24 Mar 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about Separate Bank Account for real estate project.pdf | 24 Mar 2023 |
| Details of encumbrancesFile: Encumbarance Details_Bajaj_Siyara Icon_Shakti Realty.pdf | 27 Feb 2023 |
| Copy of the legal title reportFile: Title Certificate_Siyara Icon_Revised-compressed.pdf | 18 Apr 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_Asset_Based.pdf | 18 Apr 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form_3_Siyara Icon_SR_Compressed.pdf | 18 Apr 2022 |
| Layout approvalFile: Plan_merged_compressed-1-2.pdf | 18 Mar 2022 |
| Layout approvalFile: Plan_merged_compressed-3-5.pdf | 18 Mar 2022 |
| Building plan approvalFile: Plan_merged_compressed-1-2.pdf | 18 Mar 2022 |
| Building plan approvalFile: Plan_merged_compressed-3-5.pdf | 18 Mar 2022 |
| PAN CardFile: PAN Card.pdf | 18 Mar 2022 |
| Details of encumbrancesFile: Encumbrance certificate_Siyara Icon.pdf | 18 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Plan_merged_compressed-1-2.pdf | 18 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Plan_merged_compressed-3-5.pdf | 18 Mar 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_merged_compressed-1-2.pdf | 18 Mar 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_merged_compressed-3-5.pdf | 18 Mar 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC_MMRDA Permission_compressed.pdf | 18 Mar 2022 |
| Declaration about Commencement CertificateFile: Declaration_Siyara Icon.pdf | 18 Mar 2022 |
| Declaration in FORM BFile: form_b_Shakti Realty_compressed.pdf | 18 Mar 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Cetificate Siyara icon_compressed.pdf | 18 Mar 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Siyaa icon_compressed.pdf | 18 Mar 2022 |
| Proforma of Allotment letterFile: Draft Agreement_Siyara Icon.pdf | 18 Mar 2022 |
| Proforma of Allotment letterFile: Draft_Allottment letter_Shakti Realty.pdf | 18 Mar 2022 |
Promoter's earlier projects1
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|
| SAI SRUSHTIP51700017700 | KALYAN, Thane | Sep 2018 | Completed | Apr 2024Registered original: Jun 2022 | Apr 2024 |
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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 7 other registrations, which the RERA portal never shows together
- All 69 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- 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
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Builder: SHAKTI REALTY
SHAKTI REALTY has 8 registrations on MahaRERA, including SAI SRUSHTI and SIYARA ELITE. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 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 SIYARA ICON is delayed beyond 31 Dec 2028?
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 SIYARA ICON?
The registered promoter entity is SHAKTI REALTY, a partnership as per the filing. Its GSTIN 27ACWFS1734P1Z6 can be cross-checked on the MCA and GST portals. 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 SIYARA ICON?
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 SIYARA ICON?
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 SIYARA ICON?
The professionals named in the filing: Architect: K K AND ASSOCIATES; Engineer: K K AND ASSOCIATES; Chartered Accountant: N D CHHEDA & ASSOCIATES; Chartered Accountant: N D CHHEDA AND ASSOCIATES; Chartered Accountant: Nakrani and 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 SIYARA ICON?
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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