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SUPARSHAVANATH REALITY
RG-MH-78645 · RERA PR1330002501844 · Last updated on MahaRERA portal: 18 Nov 2025
Source: official MahaRERA filing
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Red flags
- Allotment letter deviates from the model form
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
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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SUPARSHAVANATH REALITY is a Residential / Group Housing project by Rakesh Subhashchandra Shah in Thane, Maharashtra, registered with MahaRERA as PR1330002501844 on 23 Dec 2025. Possession is promised by 31 Dec 2029. 0 of the 214 units on this registration are recorded sold or booked, and 10 of 60 construction stages are filed complete.
At a glance
Project
- NameSUPARSHAVANATH REALITY
- TypeResidential / Group Housing
- Location
- SR NO. 7/1/B/2
- Karjar Mrbad Road
- P.O. Murbad
- Murbad
- Thane
- 421401
- Pincode421401
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1330002501844
- ReraGenie IDRG-MH-78645
Builder
- NameRakesh Subhashchandra Shah
- Entity typeProprietor
- GSTIN27AVJPS4469B1ZA
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on23 Dec 2025
- Promised completion31 Dec 2029
- Revised completionNone
- Buildings6 building records
- Documents filed2 files
Current status
Figures as on 18 Nov 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A (WING BUILDING) | Bldg A Wing A | 7 | 6 | 20 | 14 | 34 |
| A (WING BUILDING) | Bldg A Wing B | 7 | 6 | 20 | 14 | 34 |
| B (WING BUILDING) | Bldg B Wing C | 7 | 6 | 20 | 14 | 34 |
| B (WING BUILDING) | Bldg B Wing D | 7 | 6 | 20 | 14 | 34 |
| C (WING BUILDING) | Bldg C Wing E | 4 | 3 | 12 | 18 | 30 |
| D (WING BUILDING) | Bldg D Wing F | 7 | 6 | 30 | 18 | 48 |
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 building6
As on 18 Nov 2025, 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.
10 of 60 construction stages are filed complete across 6 buildings. The stage furthest along is Excavation, at 0%.
A (WING BUILDING) · wing Bldg A Wing A0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | Not applicable |
| 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% |
A (WING BUILDING) · wing Bldg A Wing B0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | Not applicable |
| 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% |
B (WING BUILDING) · wing Bldg B Wing C50%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| 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% |
B (WING BUILDING) · wing Bldg B Wing D50%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| 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% |
C (WING BUILDING) · wing Bldg C Wing E0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | Not applicable |
| 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% |
D (WING BUILDING) · wing Bldg D Wing F0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | Not applicable |
| 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 18 Nov 2025, 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 | 0% |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | 0% |
Parking filed203
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 |
|---|---|---|---|
| A (WING BUILDING) Bldg A Wing A | 19 | 12 | 31 |
| A (WING BUILDING) Bldg A Wing B | 19 | 12 | 31 |
| B (WING BUILDING) Bldg B Wing C | 19 | 12 | 31 |
| B (WING BUILDING) Bldg B Wing D | 19 | 12 | 31 |
| C (WING BUILDING) Bldg C Wing E | 18 | 13 | 31 |
| D (WING BUILDING) Bldg D Wing F | 27 | 21 | 48 |
Land and ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Dnyaneshwar P Suroste |
| Engineer | Dnyaneshwar P Suroshe |
| Chartered Accountant | A A Mohare & Co |
| Partner | Role in project |
|---|---|
| SUPARSHAVANATH REALITY | - |
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 reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalNot on the file
The planning authority's approval of how the plots and buildings sit on the land.
- Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 17 Oct 2025 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- 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 filed2
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 |
|---|---|
| Declaration and undertaking (Annexure A)File: Declaration - Annexure A for Land Order50-2024.pdf | 18 Nov 2025 |
| Building plan approvalFile: CC dt 2024-08-09 Plan.PDF | 17 Oct 2025 |
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Project watch
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Builder: Rakesh Subhashchandra Shah
Rakesh Subhashchandra Shah has 1 registration on MahaRERA, including SUPARSHAVANATH REALITY. 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 SUPARSHAVANATH REALITY 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 SUPARSHAVANATH REALITY?
The registered promoter entity is Rakesh Subhashchandra Shah, a proprietor as per the filing. Its GSTIN 27AVJPS4469B1ZA 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 SUPARSHAVANATH REALITY?
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 SUPARSHAVANATH REALITY?
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 SUPARSHAVANATH REALITY?
The professionals named in the filing: Architect: Dnyaneshwar P Suroste; Engineer: Dnyaneshwar P Suroshe; Chartered Accountant: A A Mohare & 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 SUPARSHAVANATH REALITY?
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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