ReraGenieLog inGet a buyer report

Home / Browse projects / Thane, Maharashtra / SPM Midtown

Registered No litigation declared Residential / Group Housing project

SPM Midtown

By SPM Innovation LLP

RG-MH-19511 · RERA P51700077839 · Last updated on MahaRERA portal: 15 Jun 2026

Source: official MahaRERA filing

Red flags

  • Rs 12.50 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.

See what the report covers Free either way: or have every new Thane registration emailed to you, free during the pilot beta.
Dec 2029Possession promisedno revision filed
3 of 11Construction stages donefurthest along: Slabs of Super Structure, 75%
44 of 47Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 69 documents Report an error

SPM Midtown is a Residential / Group Housing project by SPM Innovation LLP in Thane, Maharashtra, registered with MahaRERA as P51700077839 on 7 Nov 2024. Possession is promised by 31 Dec 2029. 3 of the 47 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.

At a glance

Project

  • NameSPM Midtown
  • TypeResidential / Group Housing
  • Location
    • Badlapur
    • Shirgaon
    • Badlapur (M Cl)
    • Ambarnath
    • Thane
    • 421503
  • Pincode421503
  • RERA no.P51700077839
  • ReraGenie IDRG-MH-19511

Builder

  • NameSPM Innovation LLP
  • Entity typePartnership
  • PartnersMahesh Vinaychand Kothari, Sunilkumar Vinaychand Kothari, Pankajkumar Vinaychand Kothari

Key dates

this monthRegisteredNov 2024PromisedDec 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on7 Nov 2024
  • Promised completion31 Dec 2029
  • Revised completionNone
  • Buildings1 building record
  • Documents filed69 files

Current status

6%3 of 47 units booked
40.6%Work done, per cost certificate

Figures as on 15 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Wing BNA8841647

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 15 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.

3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 75%.

Wing B: 34% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure75%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 15 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingNoNot applicable
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed23

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.

Total parking slots23
Closed/Covered23

Land and ownership6

MahaRERA does not publish landowner contact details. 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.

Land area1,880 sq m
Land owned byThe promoter, with other names on the file
Named landowners6
Encumbrance on the landDeclared present
Charge in favour ofAditya Birla Housing Finance Limited
Secured amountRs 12.50 crore
Declared on5 Jun 2025
LandownerVillageDistrict
Nandkumar Bhaurao BelankeDOMBIVLIThane
Dilip Bhaurao BelankeBadlapur (M Cl)Thane
Vilas Bhaurao BelankeDOMBIVLIThane
Jayprakash Bhaurao BelankeDOMBIVLIThane
Amit Jayprakash BelankeDOMBIVLIThane
Archana Rajendra AgarkarDOMBIVLIThane

Approvals and building plan

Sanctioning authorityKulgaon Badlapur Municipal Council
Permissible FSI6102.2
Proposed, not sanctioned3,039 sq m
Buildings approved2
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchLOTUS HOUSE SHOP NO 5-12 KATRAP ROAD BADLAPUR EAST
Estimated costRs 12.53 cr
Cost incurredRs 5.09 cr
Work done40.61%
BuildingWingEstimatedIncurred
Wing BNARs 10.47 crRs 5.09 cr
-NARs 2.06 cr-

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectStudio Archiculture
EngineerJiten Patel
Chartered AccountantMonisha Kuperkar
Chartered AccountantMangesh Ghanekar
Chartered AccountantJoshi Kale & Associates
PartnerRole in project
SPM Innovation LLP-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 14 Oct 2024
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 14 Oct 2024
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 14 Oct 2024
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 14 Oct 2024Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 2029

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.

DocumentUploaded
Withdrawal Update Form 1File: Signed Form 1_March 2026.pdf15 Jun 2026
Withdrawal Update Form 2File: Signed Form 2 March 2026.pdf15 Jun 2026
Withdrawal Update Form 3File: Signed Form 3_SPM Innovation LLP_March 26.pdf15 Jun 2026
Withdrawal Update Form 1File: SPM Innovation LLP - Form 1 - 30 Jun 2025_signed.pdf18 Mar 2026
Withdrawal Update Form 1File: Signed Form 1_September 25.pdf18 Mar 2026
Withdrawal Update Form 1File: Signed Form 1_Dec 2025.pdf18 Mar 2026
Withdrawal Update Form 2File: SPM Innovation LLP - Form 2 Certificate - June 2025_signed.pdf18 Mar 2026
Withdrawal Update Form 2File: Signed form 2_September 25.pdf18 Mar 2026
Withdrawal Update Form 2File: Signed Form 2_ Dec 2025.pdf18 Mar 2026
Withdrawal Update Form 3File: Signed Form 3_June 25.pdf18 Mar 2026
Withdrawal Update Form 3File: Signed Form 3_September 25.pdf18 Mar 2026
Withdrawal Update Form 3File: Signed Form 3_December 2025.pdf18 Mar 2026
Form 5 (FY 2024-2025)File: Form 5 FY 24-25 SPM Innovation LLP_signed.pdf23 Jan 2026
Form 1File: Form 1.pdf6 Jun 2025
Form 2File: Form 2.pdf6 Jun 2025
Form 3File: Final Form 3 of SPM Midtown as on 31st March 2025_signed.pdf6 Jun 2025
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold or Unsold Inventory.pdf6 Jun 2025
Self-declaration of Quarterly ProgressFile: Signed Self Declaration on QPR.pdf6 Jun 2025
Form 1File: SPM Innovation LLP - Form 1 _signed.pdf5 Jun 2025
Form 2File: SPM Innovation LLP - Form 2 _signed.pdf5 Jun 2025
Form 3File: Form 3 of SPM Midtown as on 31st December 2024_signed.pdf5 Jun 2025
Self-declaration of Quarterly ProgressFile: SPM Innovation LLP - Self Declaration on QPR.pdf5 Jun 2025
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold or Unsold Inventory SPM Innovation.pdf5 Jun 2025
Withdrawal Update Form 1File: SPM Innovation LLP - Form 1 _signed.pdf5 Jun 2025
Withdrawal Update Form 1File: Form 1.pdf5 Jun 2025
Withdrawal Update Form 2File: SPM Innovation LLP - Form 2 _signed.pdf5 Jun 2025
Withdrawal Update Form 2File: Form 2.pdf5 Jun 2025
Withdrawal Update Form 3File: Form 3 of SPM Midtown as on 31st December 2024_signed.pdf5 Jun 2025
Withdrawal Update Form 3File: Final Form 3 of SPM Midtown as on 31st March 2025_signed.pdf5 Jun 2025
Disclosure for secured/unsecured finance availed for the projectFile: SPM_Secured_Unsecured.pdf14 Feb 2025
Disclosure for secured/unsecured finance availed for the projectFile: SPM_Secured_Unsecured.pdf14 Feb 2025
Details of encumbrances concerned to FinanceFile: SPM Innovation LLP - Encumbrances Certificate.pdf13 Jan 2025
Declaration about all RERA Designated Bank Accounts (Format A)File: SPM Declaration about Separate Bank Ac SPM.pdf13 Jan 2025
Details of encumbrances concerned to LegalFile: SPM Innovation LLP - Encumbrances Certificate.pdf13 Jan 2025
Proforma of Agreement for saleFile: SPM 01Rera_Draft_-__SPM_Innovation_LLP__2024.pdf13 Jan 2025
Details of encumbrances concerned to FinanceFile: SPM Innovation LLP - Encumbrances Certificate.pdf13 Jan 2025
Declaration about all RERA Designated Bank Accounts (Format A)File: SPM Declaration about Separate Bank Ac SPM.pdf13 Jan 2025
Details of encumbrances concerned to LegalFile: SPM Innovation LLP - Encumbrances Certificate.pdf13 Jan 2025
Proforma of Agreement for saleFile: SPM 01Rera_Draft_-__SPM_Innovation_LLP__2024.pdf13 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3.pdf25 Oct 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Nandkumar Belanke Format A.pdf25 Oct 2024
Other - FinanceFile: Landowner Bank declarations.pdf25 Oct 2024
Other - FinanceFile: Declaration cum undertaking for no sale SPM.pdf25 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2 Certificate_Revised.pdf23 Oct 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: SPM_Format-A Revised.pdf23 Oct 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B_SPM Revised.pdf23 Oct 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B_Landowner Revised.pdf23 Oct 2024
Declaration about Commencement CertificateFile: Declaration about commencement certificate.pdf17 Oct 2024
Details of encumbrances concerned to FinanceFile: Financial Encumbrances Certificate.pdf16 Oct 2024
Declaration in FORM BFile: Form B Noterised Promoter.pdf16 Oct 2024
CERSAI detailsFile: CERSAI Declaration.pdf16 Oct 2024
Details of encumbrances concerned to LegalFile: Legal Encumbrance certificate.pdf16 Oct 2024
Other - TechnicalFile: Annexure A.pdf16 Oct 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Mahesh.pdf16 Oct 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Pankaj.pdf16 Oct 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Sunil.pdf16 Oct 2024
Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for securedunsecured finance availed for the project.pdf16 Oct 2024
Building plan approvalFile: B Wing Approved Plan.pdf14 Oct 2024
Layout approvalFile: B Wing Approved Plan.pdf14 Oct 2024
PAN CardFile: PAN Card.pdf14 Oct 2024
Copy of the legal title reportFile: Legal Title Report.pdf14 Oct 2024
Copy of Layout Approval (in case of layout)File: B Wing Approved Plan.pdf14 Oct 2024
Proforma of Allotment letterFile: Draft Allotment Letter.pdf14 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf14 Oct 2024
Commencement Certificates / NA Order for plotted developmentFile: B Wing Commencement Certificate.pdf14 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: B Wing Approved Plan.pdf14 Oct 2024
Deviation Report with respect to Allotment letterFile: Declaration about Deviation in allotment letter.pdf14 Oct 2024
Deviation Report with respect to model copy of AgreementFile: Declaration about Deviation in Agreement.pdf14 Oct 2024
Proforma of Agreement for saleFile: Draft AFS.pdf14 Oct 2024

How this compares with Thane

6%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is on the register

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.

Keep SPM Midtown 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.

How alerts work

Other projects near Shirgaon7,600+ in Thane

Builder: SPM Innovation LLP

SPM Innovation LLP has 1 registration on MahaRERA, including SPM Midtown. 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 Midtown is delayed beyond 31 Dec 2029?

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 Midtown?

The registered promoter entity is SPM Innovation LLP, 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 Midtown?

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 Midtown?

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 Midtown?

The professionals named in the filing: Architect: Studio Archiculture; Engineer: Jiten Patel; Chartered Accountant: Monisha Kuperkar; 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 Midtown?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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

Report an error or share feedback

About SPM Midtown. Everything on this page comes from what the promoter filed on MahaRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save SPM Midtown to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.