ReraGenieLog inGet a buyer report

Home / Browse projects / Thane, Maharashtra / The Royal Bay

Registered No litigation declared Residential / Group Housing project

The Royal Bay

By TPV Vishwakarma Venture LLP

RG-MH-19299 · RERA P51700078391 · Last updated on MahaRERA portal: 22 Jun 2026

Source: official MahaRERA filing

Red flags

  • Rs 50.00 crore secured on the land, in favour of RBL BANK 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 2028Possession promisedno revision filed
0 of 33Construction stages doneacross 3 buildings; furthest along: Excavation, 0%
545 of 579Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 91 documents Report an error

The Royal Bay is a Residential / Group Housing project by TPV Vishwakarma Venture LLP in Thane, Maharashtra, registered with MahaRERA as P51700078391 on 10 Dec 2024. Possession is promised by 31 Dec 2028. 34 of the 579 units on this registration are recorded sold or booked, and 0 of 33 construction stages are filed complete.

At a glance

Project

  • NameThe Royal Bay
  • TypeResidential / Group Housing
  • Location
    • Sector24
    • Nerul Navi Mumbai
    • Navi Mumbai (M Corp.)
    • Thane
    • 400706
  • Pincode400706
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700078391
  • ReraGenie IDRG-MH-19299

Builder

  • NameTPV Vishwakarma Venture LLP
  • Entity typeOthers

Key dates

this monthRegisteredDec 2024PromisedDec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on10 Dec 2024
  • Promised completion31 Dec 2028
  • Revised completionNone
  • Buildings3 building records
  • Documents filed91 files

Current status

6%34 of 579 units booked

Figures as on 22 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A WingNA23231360136
B WingNA27272720272
C WingNA29261710171

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 building3

As on 22 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.

0 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Excavation, at 0%.

A Wing0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
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%
B Wing0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
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%
C Wing0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
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 22 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 PlantingYes0%
Street LightingNoNot applicable
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 requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed713

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 slots713
Closed/Covered713
BuildingClosed/CoveredTotal
A Wing144144
B Wing301301
C Wing268268

Land and ownership3

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 area7,081 sq m
Land owned byThe promoter, with other names on the file
Named landowners3
Encumbrance on the landDeclared present
Charge in favour ofRBL BANK LIMITED
Secured amountRs 50.00 crore
CERSAI search filedYes
Declared on29 May 2025
LandownerVillageDistrict
Swagat Co-Operative Housing Society LimitedNavi Mumbai (M Corp.)Thane
Samta Co-Operative Housing Society LimitedNavi Mumbai (M Corp.)Thane
Om Sadguru Co-Operative Housing Society LimitedNavi Mumbai (M Corp.)Thane

Approvals and building plan

Sanctioning authorityNavi Mumbai Municipal Corporation
Permissible FSI43520.34
Proposed, not sanctioned43,499 sq m
Buildings approved3
Buildings sanctioned3

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 branchGround Floor, Dhannur House, 15, Sir P M Road, Fort, Mumbai, 400001

Certifying professionals and partners5

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

RoleName
ArchitectUrban Analysis Solution
EngineerPankaj Dinesh kumar Pasoria
EngineerAmritpal Singh
Chartered AccountantAshok Periwal
Chartered AccountantRitesh talreja
PartnerRole in project
TPV Vishwakarma Venture 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 26 Oct 2024
  2. Layout approvalOn the file

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

    uploaded 25 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 25 Oct 2024
  4. Commencement CertificateOn the file

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

    uploaded 26 Nov 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 2028

Documents filed91

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 91 are shown. 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
Form 2A (FY 2024-2025)File: TPV VV LLP 24-25.pdf22 Jun 2026
Form 2A (FY 2025-2026)File: TPV VV LLP 25-26.pdf22 Jun 2026
Form 1File: TPV VV_Form 1.pdf20 Apr 2026
Form 2File: TPV VV_Form 2.pdf20 Apr 2026
Form 3File: TPV VV_Form 3.pdf20 Apr 2026
Disclosure of Sold and Booked InventoryFile: TPV VV Ann A.pdf20 Apr 2026
Form 1File: TPV VV LLP_Form 1.pdf20 Jan 2026
Form 2File: FORM 2 Q3 TPV VV LLP.pdf20 Jan 2026
Form 3File: FORM 3 Q3 TPV VV LLP.pdf20 Jan 2026
Disclosure of Sold and Booked InventoryFile: ANNX A Q3.pdf20 Jan 2026
Form 1File: Form 1_TPV VV_Q2.pdf18 Oct 2025
Form 2File: Form 2_TPV VV_Q2.pdf18 Oct 2025
Form 3File: Form 3 TPV VV LLP_Q2.pdf18 Oct 2025
Disclosure of Sold and Booked InventoryFile: Ann A TPV VV_Q2.pdf18 Oct 2025
Form 5 (FY 2024-2025)File: TPV Vishwakarma Form 5.pdf30 Sep 2025
Form 1File: Form 1_Architect Certificate_Q1.pdf19 Jul 2025
Form 2File: Form 2_TPV VV LLp_Q1_.pdf19 Jul 2025
Form 3File: Form 3_TPV VV LLP_Q1_.pdf19 Jul 2025
Disclosure of Sold and Booked InventoryFile: Sold Inventory_TPV VV LLP.pdf19 Jul 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 The Royal Bay.pdf15 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 TPVV Q4.pdf15 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ANNEXURE-B-TPV VISHWAKARMA VENTURE LLP.pdf15 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf17 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf17 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf17 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf17 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf17 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf17 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Royal Bay Form 3 with declaration.pdf3 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Declaration.pdf26 Nov 2024
Commencement Certificates / NA Order for plotted developmentFile: TPV VV LLP_CC Verification mail (1).pdf26 Nov 2024
Copy of the legal title reportFile: Legal title report 10-26-2024.pdf26 Oct 2024
Other - LegalFile: ANNEXURE A.pdf26 Oct 2024
Other - TechnicalFile: ANNEXURE A.pdf26 Oct 2024
Deviation Report with respect to model copy of AgreementFile: Deviation for Agreement for sale.pdf26 Oct 2024
Building plan approvalFile: Nerul Building plan 17.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 16.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 15.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 14.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 13.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 12.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 11.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 10.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 9.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 8.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 7.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 6.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 5.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 4.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 3.pdf25 Oct 2024
Building plan approvalFile: Nerul Building plan 2.pdf25 Oct 2024
Layout approvalFile: Nerul Layout plan 1_compressed.pdf25 Oct 2024
PAN CardFile: TPV Vishwakarma Venture LLP Pan Card.pdf25 Oct 2024
Details of encumbrances concerned to FinanceFile: DECLRATION OF non FINANCIAL.pdf25 Oct 2024
Details of encumbrances concerned to FinanceFile: DECLRATION OF NON LEGAL.pdf25 Oct 2024
Copy of Layout Approval (in case of layout)File: Nerul Layout plan 1_compressed.pdf25 Oct 2024
Proforma of Allotment letterFile: Allotment Letter fINAL.pdf25 Oct 2024
Declaration in FORM BFile: Affidavit TPV VV LLP.pdf25 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: TPV VV LLP_Revie signed form 1.pdf25 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: TPV VV LLP_Form 2.pdf25 Oct 2024
Commencement Certificates / NA Order for plotted developmentFile: Samta,Swagat,Omsadguru,CC final.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 11.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 2.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 3.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 4.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 5.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 6.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 7.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 8.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 9.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 10.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 12.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 13.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 14.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 15.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 16.pdf25 Oct 2024
Building Plan Approval / NA Order for plotted developmentFile: Nerul Building plan 17.pdf25 Oct 2024
Declaration about Commencement CertificateFile: DECLARATIONABOUT CC.pdf25 Oct 2024
CERSAI detailsFile: DECLARATION ABOUT CERSAI REPORT.pdf25 Oct 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Format A.pdf25 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 The Royal Bay 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 Nerul Navi Mumbai7,600+ in Thane

2 kmThe Royal BayCompleted 37Lapsed / revoked 15Other 41Dot size: filed unitsN

Filed coordinates, straight-line distance. 93 registered projects within 2 km.

Builder: TPV Vishwakarma Venture LLP

TPV Vishwakarma Venture LLP has 1 registration on MahaRERA, including The Royal Bay. 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 The Royal Bay 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 The Royal Bay?

The registered promoter entity is TPV Vishwakarma Venture LLP, an others 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 The Royal Bay?

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 The Royal Bay?

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 The Royal Bay?

The professionals named in the filing: Architect: Urban Analysis Solution; Engineer: Pankaj Dinesh kumar Pasoria; Engineer: Amritpal Singh; Chartered Accountant: Ashok Periwal; Chartered Accountant: Ritesh talreja. 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 The Royal Bay?

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 The Royal Bay. 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 The Royal Bay 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.