Home / Browse projects / Thane, Maharashtra / SPM DREAM CITY PHASE 1
SPM DREAM CITY PHASE 1
By D K BUILDCON
RG-MH-84940 · RERA P51700032070 · Last updated on MahaRERA portal: 17 Jun 2026
Source: official MahaRERA filing
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Red flags
- Rs 6.00 crore secured on the land, in favour of Aditya Birla Housing Finance Limited
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
1 condition is 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.
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SPM DREAM CITY PHASE 1 is a Residential / Group Housing project by D K BUILDCON in Thane, Maharashtra, registered with MahaRERA as P51700032070 on 3 Dec 2021. Possession is promised by 31 Dec 2028. 143 of the 162 units on this registration are recorded sold or booked, and 6 of 22 construction stages are filed complete.
At a glance
Project
- NameSPM DREAM CITY PHASE 1
- TypeResidential / Group Housing
- Location
- VILLAGE PALI
- Ambarnath(M Cl)
- Ambarnath
- Thane
- 421501
- Pincode421501
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700032070
- ReraGenie IDRG-MH-84940
Builder
- NameD K BUILDCON
- Entity typePartnership
- PartnersSUNILKUMAR VINAYCHAND KOTHARI, PANKAJKUMAR VONAYCHAND KOTHARI
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on3 Dec 2021
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings2 building records
- Documents filed66 files
Current status
Figures as on 17 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 A | NA | 16 | 15 | 148 | 14 | 162 |
| WING B | NA | 16 | 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 building2
As on 17 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.
6 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 85%.
WING A77%
| 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 | 85% |
| Sanitary Fittings within the flats / premises | 55% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 85% |
| 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. | 20% |
WING B0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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% |
Progress on shared amenities15
As on 17 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 | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| 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 filed45
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 | Total |
|---|---|---|
| WING A | 44 | 44 |
| WING B | 1 | 1 |
Land and ownership
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
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 B | NA | Rs 30.60 cr | - |
| WING A | NA | Rs 30.35 cr | Rs 27.32 cr |
| - | NA | Rs 9.45 cr | - |
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 | URBAN ARCHITECTS |
| Architect | Vishal Dalal |
| Engineer | VINAYAK UTEKAR |
| Chartered Accountant | MANGESH GHANEKAR |
| Chartered Accountant | Joshi Kale & Associates |
| Partner | Role in project |
|---|---|
| D K BUILDCON | - |
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 20 Nov 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 9 Nov 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 9 Nov 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 Nov 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 31 Dec 2028
Documents filed66
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: Signed Form 1 March 26_D K Buildcon.pdf | 17 Jun 2026 |
| Withdrawal Update Form 2File: Signed Form 2 March 26_D K Buildcon.pdf | 17 Jun 2026 |
| Withdrawal Update Form 3File: Signed Form 3 March 26 D K Buildcon.pdf | 17 Jun 2026 |
| Withdrawal Update Form 1File: Signed Form 1_December 2025.pdf | 31 Mar 2026 |
| Withdrawal Update Form 2File: Signed form 2_December 2025.pdf | 31 Mar 2026 |
| Withdrawal Update Form 3File: Signed Form 3_december 2025.pdf | 31 Mar 2026 |
| Withdrawal Update Form 1File: Signed Form 1_September 25.pdf | 27 Mar 2026 |
| Withdrawal Update Form 2File: Signed Form 2_September 25.pdf | 27 Mar 2026 |
| Withdrawal Update Form 3File: D K Buildcon Form 3_September 2025_signed.pdf | 27 Mar 2026 |
| Withdrawal Update Form 1File: D K Buildcon - Form 1 - A Wing - Amb - 30 Jun 2025_signed.pdf | 18 Mar 2026 |
| Withdrawal Update Form 2File: Signed Form 2.pdf | 18 Mar 2026 |
| Withdrawal Update Form 3File: Signed Form 3_June 25.pdf | 18 Mar 2026 |
| Form 5 (FY 2024-2025)File: Form 5 FY 24-25 D K Buildcon_signed.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: Signed Form 1.pdf | 6 Jun 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 6 Jun 2025 |
| Withdrawal Update Form 3File: Signed Form 3 March 2025.pdf | 6 Jun 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 12 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 12 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 12 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 12 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3.pdf | 12 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3.pdf | 12 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 12 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 12 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 12 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 12 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 12 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 12 May 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Signed Form 5 FY 23-24.pdf | 9 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold or Unsold Inventory 31st March 2024.pdf | 1 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: signed D K Buildcon FORM1.pdf | 29 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Certificate-D K Buildcon - Form 2 (Engineer's Certificate).pdf | 29 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed form 3 of D K Buildcon as on MARCH 2024.pdf | 29 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Signed Form 1.pdf | 21 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 21 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: D K Buildcon - Form 2 (Engineer's Certificate) - Dec 2022_1.pdf | 21 May 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold or Unsold Inventory Signed.pdf | 21 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3_compressed.pdf | 21 May 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Signed_Form 5 FY 22-23_D K Buildkon.pdf | 2 Mar 2024 |
| Proforma of Agreement for saleFile: D K Buildcon - Draft Agreement.pdf | 28 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: D K Buildcon - Form 1 - Architects certificate_Mar 2023.pdf | 25 Jun 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: D K Buildcon - Form 2 (Engineer's Certificate) - Mar 2023.pdf | 25 Jun 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: D K Buildcon - Form 2 (Engineer's Certificate) - Dec 2022_1.pdf | 21 Jun 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: D K Buildcon - Form 1 - Architects certificate_Dec 2022.pdf | 18 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5 D K Buildcon.pdf | 23 Jan 2023 |
| Proforma of Allotment letterFile: D K Buildcon - Draft Agreement.pdf | 3 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: D K Buildcon - Engineers Certificate - Jun 2022_compressed.pdf | 1 Oct 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: D K Buildcon - Form 3 - Jun 2022_compressed.pdf | 1 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: DK Architect Certificate 25-07-2022.pdf | 21 Sep 2022 |
| Details of encumbrancesFile: D K Buildcon - Encumbrance Certificate.pdf | 8 Jun 2022 |
| Proforma of Allotment letterFile: D K Buildcon - Amb - Revised Blank_Rera_Draft_Agreement.pdf | 22 Jan 2022 |
| PAN CardFile: D K Buildcon Pan Card.pdf | 20 Nov 2021 |
| Copy of the legal title reportFile: D K Buildcon-Legal Title Report (1).pdf | 20 Nov 2021 |
| Layout approvalFile: D K Buildcon Plan.pdf | 9 Nov 2021 |
| Building plan approvalFile: D K Buildcon Plan.pdf | 9 Nov 2021 |
| Copy of Layout Approval (in case of layout)File: D K Buildcon Plan.pdf | 9 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: D K Buildcon Plan.pdf | 9 Nov 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate.pdf | 8 Nov 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 8 Nov 2021 |
| Details of encumbrancesFile: Encumbrance.pdf | 4 Nov 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 4 Nov 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Layout 2.pdf | 4 Nov 2021 |
| Declaration about Commencement CertificateFile: Declaration about CC.pdf | 4 Nov 2021 |
| Declaration in FORM BFile: Form B.pdf | 4 Nov 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 4 Nov 2021 |
| Proforma of Allotment letterFile: Draft Sale Deed.pdf | 4 Nov 2021 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
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- All 66 filed documents as one ZIP, foldered, with a manifest
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Project watch
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Filed coordinates, straight-line distance. 394 registered projects within 2 km.
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Builder: D K BUILDCON
D K BUILDCON has 1 registration on MahaRERA, including SPM DREAM CITY PHASE 1. 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 SPM DREAM CITY PHASE 1 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 SPM DREAM CITY PHASE 1?
The registered promoter entity is D K BUILDCON, 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 SPM DREAM CITY PHASE 1?
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 SPM DREAM CITY PHASE 1?
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 SPM DREAM CITY PHASE 1?
The professionals named in the filing: Architect: URBAN ARCHITECTS; Architect: Vishal Dalal; Engineer: VINAYAK UTEKAR; Chartered Accountant: MANGESH GHANEKAR; Chartered Accountant: Joshi Kale & 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 SPM DREAM CITY PHASE 1?
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.
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