Home / Browse projects / Thane, Maharashtra / Tycoons Square Avenue I Tower B
Tycoons Square Avenue I Tower B
By Tycoons Avanti Projects LLP
RG-MH-26685 · RERA P51700004794 · Last updated on MahaRERA portal: 25 Aug 2025
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- 36 complaints at MahaRERA
- Completion date moved by 51 months
- 2 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- All 4 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.
See what the report covers Free either way: or have every new Thane registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Tycoons Square Avenue I Tower B is a Others project by Tycoons Avanti Projects LLP in Thane, Maharashtra, registered with MahaRERA as P51700004794 on 9 Aug 2017. Possession is promised by 30 Jun 2027. The completion date has moved by 51 months from the original filing. 36 complaints are on record with the regulator.
At a glance
Project
- NameTycoons Square Avenue I Tower B
- TypeOthers
- Location
- Birla Collage Road
- Kalyan
- Chikanghar
- Thane
- 421301
- Pincode421301
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700004794
- ReraGenie IDRG-MH-26685
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on9 Aug 2017
- Promised completion30 Jun 2027
- Revised completionRevised to 30 Jun 2027 (originally 30 Mar 2023)
- Buildings1 building record
- Documents filed171 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower B | NA | 39 | 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 building1
As on 25 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.
2 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 32%.
Tower B: 22% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 100% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 32% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 12% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 1% |
| 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 25 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 | Yes | 0% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| 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 | No | Not applicable |
Parking filed131
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.
Land and ownership8
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 |
|---|---|---|
| Chikanghar Tiranga Co-operative Housing Societies | Chikanghar | Thane |
| Chikanghar Trilok Co-operative Housing Societies L | Chikanghar | Thane |
| Gajanan Co-Operative Housing Society Limited | Chikanghar | Thane |
| Chikanghar Tiranga Co-operative Housing Society | Chikanghar | Thane |
| Chikanghar Tiranga CHS | Chikanghar | Thane |
| Chikanghar Trilok CHSL | Chikanghar | Thane |
| Gajanan CHSL | Chikanghar | Thane |
| Chikanghar Tiranga Coop Hsg Soc | Chikanghar | 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 partners8
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Design Consortium |
| Architect | Lokhandwalla F T Lokhandwala |
| Engineer | Epicons Consultants Pvt Ltd |
| Chartered Accountant | Amrrita Jagnaani |
| Chartered Accountant | Malvika Mitra |
| Chartered Accountant | Tausif Rafuddin Shaikh |
| Chartered Accountant | Mayur K Jain |
| Chartered Accountant | Venkat Raghunath Chari |
| Partner | Role in project |
|---|---|
| Tycoons Avanti Projects Pvt. Ltd. | - |
Extensions applied for2
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 state that the said project being MHADA redevelopment project it becomes essential to obtain approvals from different Government, Semi-Government bodies as well as local authorities to carry out the redevelopment which has been time consuming and financial burdening. Further the outbreak of Covid had not only put the entire country on standstill but the Promoters had to also bear the consequence of the after effects of the pandemic there being lot of revisions in the rules, regulations, policies, etc. to be followed for the purpose of obtaining approvals due to new UDCPR policy w
Reason as filed by the promoterThis is to inform you that, the delay in construction due to technical reasons, our project named as ‘Tycoons Square Avenue I Tower B’ is not completed till the date of 1/03/2024. Thus for extension we are putting total efforts to obtain the consents of the allottees and therefore we contacted to the purchaser/s over the phone and through messages, emails and meetings too, with the CRM team as well as with one of the Promoter but all gone in vain as no one is keen on extension period. Hence it’s our sincere request to you, kindly consider our request and grant us the extension up to 30/06/2027
Complaints filed with MahaRERA36
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000012261 | ANIL BAJIRAO MORE | Shri Shitole | 06/12/2017 |
| CC006000000057342 | Samir Madhusudhan Chavan | M/s. Tycoons' Avanti Projects LLP | 17/12/2018 |
| CC006000000078750 | kalpesh more | Tycoons Avanti Projects LLP | 12/04/2019 |
| CC006000000130994 | PRATIBHA MADHAVA SHETTY | TYCOONS | 04/10/2019 |
| CC006000000196970 | Ajay Popat Kamble and Mr Popat Eknath Kamble | M/s Tycoons Avanti Projects LLP | 15/05/2021 |
| CC006000000198581 | SHEKHAR KHILARE | TYCOONS AVANTI PROJECTS LLP | 11/10/2021 |
| CC006000000395741 | suneeta mukesh singh | M/S TYCOONS AVANTI PROJECTS LLP | 11/05/2023 |
| CC006000000398030 | LALIT SADASHIV CHAUDHARI | TYCOONS AVINTI PROJECTS LLP | 03/11/2023 |
| CC006000000428800 | Mohini Bharat Bhalerao | M/s Tycoons Avanti Projects LLP | 10/01/2024 |
| CC006000000428973 | GAUTAM BAISANE | Tycoons Avanti project LLP | 07/02/2024 |
| CC006000000439674 | SANAJAY DATTATREY DUMBRE | M S TYCOONA AVANTI PROJECTS LLP THROUGH ITS DIRECT CHETAN V .SARAF | 20/03/2024 |
| CC006000000480062 | Raj Salikram Bind | Tycoons Avanti Projects LLP | 14/04/2024 |
| CC006000000480193 | Khimya Gobind Rajani | Chetan Saraf | 24/04/2024 |
| CC006000000500550 | HARSHA ISHWARLAL LULLA | Tycoon Avanti Projects LLP | 24/05/2024 |
| CC12502751 | Krishnakant Dinesh Nagpure | Tycoons Avanti Projects LLP | 06/08/2025 |
| CC12504150 | Vivek Harilal Mishra | Tycoons Avanti Projects LLP | 24/11/2025 |
| CC12504151 | Praveen Pardeshi | Tycoons Avanti Projects LLP | 24/11/2025 |
| CC12504154 | Sakshi Sanjay Yadav | Tycoons Avanti Projects LLP | 25/11/2025 |
| CC12504155 | Ajinkya Anant Yerunkar | Tycoons Avanti Projects LLP | 25/11/2025 |
| CC12504156 | tarun Bhagchand Motwani | Tycoons Avanti Projects LLP | 25/11/2025 |
| CC12504163 | Vivek Tyagi | Tycoons Avanti Projects LLP | 25/11/2025 |
| CC12504327 | Ramkrishna Thakare | Tycoons Avanti Projects LLP | 07/12/2025 |
| CC12504353 | Bonnison Louis | Tycoons Avanti Projects LLP | 08/12/2025 |
| CC12504450 | Sushma Patil | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504451 | Arjun Ugalmugale | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504452 | Nikita Ugalmugale | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504453 | Ajaykumar Hari Kolte | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504454 | Sumit Hadmode | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504455 | Ram Ashish Meva Lal Yadav | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504456 | Bhagchand Motwani | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504457 | Smita Dusane | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504458 | Jayashree Sonawane | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12504460 | Chetan 403 Bhatia | Tycoons Avanti Projects LLP | 14/12/2025 |
| CC12600453 | Ganesh Parolkar | Tycoons Avanti Projects LLP | 24/01/2026 |
| CC12600455 | Nainesh Kurkure | Tycoons Avanti Projects LLP | 25/01/2026 |
| CC12602072 | Vandana Mishra | Tycoons Avanti Projects Pvt. Ltd. | 08/04/2026 |
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 31 Jul 2017 - 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 20 Nov 2017 - 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 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 30 Jun 2027
Documents filed171
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 171 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.
| Document | Uploaded |
|---|---|
| Form 1File: 14 Avenue-I B Jan 2025 TO March 2025.pdf | 25 Aug 2025 |
| Form 2File: 1 Jan To Mar.pdf | 25 Aug 2025 |
| Form 3File: AVE - 1 TOWER B DT 31032025_compressed.pdf | 25 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclouser Sold Booked Iventory 31-12-2023.pdf | 25 Aug 2025 |
| Form 1File: 15 Avenue-I B Apr 2025 To June 2025.pdf | 25 Aug 2025 |
| Form 2File: 2 April To June.pdf | 25 Aug 2025 |
| Form 3File: AVE - 1 TOWER B DT 30062025_compressed.pdf | 25 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclouser Sold Booked Iventory 31-12-2023.pdf | 25 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: Form 3 CA Cerrtificate Avenue I B_2017.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: FORM 3 TOWER B 31032018.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: FORM 3 TOWER B 31032018.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: FORM 3 TOWER B 31032018.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE ZONE- 1 TOWER-B.pdf | 22 Aug 2025 |
| Form 2File: 31-07-2017 Form 2 Engineers Certificate Avenue I B Sale.pdf | 22 Aug 2025 |
| Form 3File: avenue 1 building B Form 3 31-03-2019.pdf | 22 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold-Booked Inventory dtd 16-06-2021.pdf | 22 Aug 2025 |
| Self-declaration of Quarterly ProgressFile: Declaration for QPR I B.pdf | 22 Aug 2025 |
| Form 1File: 29-03-2023 Form 1 Avenue I Tower B.pdf | 22 Aug 2025 |
| Form 2File: 31-03-2023 Form 2 - Tycoons Square Avenue I B - Sale Tower.pdf | 22 Aug 2025 |
Promoter's earlier projects4
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 Solitaire Phase - I | Kalyan - West | 103 | Completed | Jul 2017 | Jul 2017 |
| Spring Avenue | Kalyan - West | 14 | Completed | Sep 2011 | Sep 2011 |
| Tycoons Residency | Kalyan - West | 48 | Completed | Jul 2011 | Jul 2011 |
| Tycoons Residency | Kalyan - West | 112 | Completed | Oct 2007 | Oct 2007 |
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How this compares with Thane
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 6 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 171 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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Builder: Tycoons Avanti Projects LLP
Tycoons Avanti Projects LLP has 7 registrations on MahaRERA, including Tycoons Square Avenue I Tower B and Tycoons Square Avenue I Tower C. Its filings disclose 7 earlier MahaRERA projects: declares 7 of 7 past projects completed on time. Litigation is declared on 3 of its registrations. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if Tycoons Square Avenue I Tower B is delayed beyond 30 Jun 2027?
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 Square Avenue I Tower B?
The registered promoter entity is Tycoons Avanti Projects 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 Tycoons Square Avenue I Tower B?
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 Square Avenue I Tower B?
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 Square Avenue I Tower B?
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 Square Avenue I Tower B?
The professionals named in the filing: Architect: Design Consortium; Architect: Lokhandwalla F T Lokhandwala; Engineer: Epicons Consultants Pvt Ltd; Chartered Accountant: Amrrita Jagnaani; Chartered Accountant: Malvika Mitra; Chartered Accountant: Tausif Rafuddin Shaikh. 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 Square Avenue I Tower B?
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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