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TYCOONS ORBIS
RG-MH-03014 · RERA P51700020227 · Last updated on MahaRERA portal: 20 Aug 2025
Source: official MahaRERA filing
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Red flags
- 1 complaint at MahaRERA
- Completion date moved by 42 months
- 1 extension taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- All 3 earlier projects delivered on promise
3 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.
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TYCOONS ORBIS is a Others project by M/s. Tycoons Developers in Thane, Maharashtra, registered with MahaRERA as P51700020227 on 29 Mar 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 42 months from the original filing. 98 of the 333 units on this registration are recorded sold or booked, and 8 of 22 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameTYCOONS ORBIS
- TypeOthers
- Location
- Khadakpada
- Kalyan
- Gandhare
- Thane
- 421301
- Pincode421301
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700020227
- ReraGenie IDRG-MH-03014
Builder
- NameM/s. Tycoons Developers
- Entity typePartnership
- PartnersPavan Narayan Bhosale, Santosh Shrikant Patil
- Declared earlier projects3 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on29 Mar 2019
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 13 Jun 2023)
- Buildings2 building records
- Documents filed35 files
Current status
Figures as on 20 Aug 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building A | NA | 21 | 21 | 85 | 68 | 153 |
| Building B | NA | 22 | 0 | 146 | 34 | 180 |
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 20 Aug 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.
8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 80%.
Building A45%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 80% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 13% |
| 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% |
Building B44%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 75% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 9% |
| 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 20 Aug 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 | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| 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 | 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 filed38
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 |
|---|---|---|---|
| Building A | 4 | 15 | 19 |
| Building B | 4 | 15 | 19 |
Land and ownership1
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 |
|---|---|---|
| Shree Complex Phase IV Co op Housing Society Ltd | Gandhare | 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.
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ms Design Waves |
| Engineer | Mr Mandar Bharat Salvi |
| Chartered Accountant | Amrrita Jagnaani |
| Chartered Accountant | Tausif Shaikh |
| Chartered Accountant | Venkat Raghunath Chari |
| Chartered Accountant | Thakkar Prakash and Company |
| Partner | Role in project |
|---|---|
| M/s. Tycoons Developers | - |
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 promoterThe Promoters inform that the subject project is residential cum commercial project. Presently commercial part of the project is at completion stage. Accordingly residential part of Tower A is completed with RCC work up to 3rd slab and 4th slab work is in process. Similarly residential part of Tower B is completed with RCC work up to 1st slab and 2nd slab work is in process. The Promoters state that delay caused due to the outbreak of Covid-19 and 2.0 pandemic followed by procedural norms to get the revised permission in revised format of UDCPR by Kalyan Dombivali Municipal Corporation and Env
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12602752 | Shobha Madhukar Deshmukh | M/s. Tycoons Developers | 11/05/2026 |
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 28 Mar 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Dec 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 28 Mar 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 29 Dec 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 29 Oct 2024
Documents filed35
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 |
|---|---|
| Form 5 (FY 2018-2019)File: Form 5.pdf | 20 Aug 2025 |
| Form 5 (FY 2024-2025)File: Form 5 (1).pdf | 20 Aug 2025 |
| Form 5 (FY 2019-2020)File: Form 5.pdf | 5 Aug 2025 |
| Form 5 (FY 2020-2021)File: Form 5(1).pdf | 5 Aug 2025 |
| Form 5 (FY 2021-2022)File: Form 5(2).pdf | 5 Aug 2025 |
| Form 5 (FY 2022-2023)File: Form 5(3).pdf | 5 Aug 2025 |
| Form 5 (FY 2023-2024)File: Form 5(4).pdf | 5 Aug 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Shree Complex IV Part OC Dtd 25102024.pdf | 29 Oct 2024 |
| Details of encumbrancesFile: 3 Details of encumbrances.pdf | 2 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form -5- 2021-2022 dtd 24-01-2023.PDF | 27 Mar 2023 |
| Disclosure of sold/ booked inventoryFile: Tower A- Disclosure of Inventory dated 24-03-2023.PDF | 25 Mar 2023 |
| Disclosure of sold/ booked inventoryFile: Tower B- Disclosure of Inventory dated 24-03-2023.PDF | 25 Mar 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A - Orbis 21-22.PDF | 23 Nov 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A for 19-20.PDF | 24 Jan 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A for 20-21.PDF | 24 Jan 2022 |
| Layout approvalFile: Annexure A1 - Approved Layout_compressed.pdf | 29 Dec 2021 |
| Copy of Layout Approval (in case of layout)File: Annexure A1 - Approved Layout_compressed.pdf | 29 Dec 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 29 Dec 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Orbis 20-21.pdf | 3 Dec 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Tycoons Orbis form 5 19-20.pdf | 11 Sep 2021 |
| Details of encumbrancesFile: Encumbrance Certificate.pdf | 28 Jun 2021 |
| Building plan approvalFile: Layout Plan dated 13 03 2019 - Tycoons Orbis.pdf | 28 Mar 2019 |
| Layout approvalFile: Layout Plan dated 13 03 2019 - Tycoons Orbis.pdf | 28 Mar 2019 |
| PAN CardFile: Tycoons Developers PAN CARD.pdf | 28 Mar 2019 |
| Copy of the legal title reportFile: Title Certificate dtd 31 1 2018.pdf | 28 Mar 2019 |
| Copy of the legal title reportFile: Title Certificate dated 09 10 2018.pdf | 28 Mar 2019 |
| Details of encumbrancesFile: Encumbrances certificate.pdf | 28 Mar 2019 |
| Copy of Layout Approval (in case of layout)File: Layout Plan dated 13 03 2019 - Tycoons Orbis.pdf | 28 Mar 2019 |
| Building Plan Approval (IOD)File: Layout Plan dated 13 03 2019 - Tycoons Orbis.pdf | 28 Mar 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: Shree Complex IV Tycoons Orbis CC Dtd 13 03 2019_compressed.pdf | 28 Mar 2019 |
| Declaration in FORM BFile: Affidavit cum declaration Form B.pdf | 28 Mar 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate - Tycoons Orbis.pdf | 28 Mar 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate Tycoons Orbis.pdf | 28 Mar 2019 |
| Certificates of CA (Form 3)File: CA certificate - Tycoons Orbis.pdf | 28 Mar 2019 |
| Proforma of Allotment letterFile: Declaration for FSA.pdf | 28 Mar 2019 |
Promoter's earlier projects3
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 | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Tycoons Soilitaire Phase - I | Kalyan - W | 103 | Completed | Mar 2019 | Jul 2017 |
| Spring Avenue | Kalyan - W | 14 | Completed | Nov 2011 | Nov 2011 |
| Tycoons Residency | Kalyan - W | 48 | Completed | Jul 2011 | Jul 2011 |
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Buyer report
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Builder: M/s. Tycoons Developers
M/s. Tycoons Developers has 1 registration on MahaRERA, including TYCOONS ORBIS. Its filings disclose 3 earlier MahaRERA projects: declares 3 of 3 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 TYCOONS ORBIS is delayed beyond 31 Dec 2026?
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 TYCOONS ORBIS?
The registered promoter entity is M/s. Tycoons Developers, 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 TYCOONS ORBIS?
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 do I read the complaint cases filed against TYCOONS ORBIS?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for TYCOONS ORBIS?
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 TYCOONS ORBIS?
The professionals named in the filing: Architect: Ms Design Waves; Engineer: Mr Mandar Bharat Salvi; Chartered Accountant: Amrrita Jagnaani; Chartered Accountant: Tausif Shaikh; Chartered Accountant: Venkat Raghunath Chari; Chartered Accountant: Thakkar Prakash and Company. 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 TYCOONS ORBIS?
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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