TIME SQUARE
by PHOENIX INFRASTRUCTURE AND DEVELOPERS
GANDHARE, 421301
- Litigation pending (5). MahaRERA's litigation disclosure lists 5 pending cases against this project.
- Mortgaged to a lender (₹45 Cr). MahaRERA's financial encumbrance declaration shows this project has ₹45 Cr secured against a lender — a lender's claim can outrank a buyer's if the promoter defaults.
- Agreement deviates from RERA model form. The promoter's allotment letter or agreement for sale is flagged as deviating from MahaRERA's standard proforma — read the actual clauses before signing.
Central-line volume market — affordable towers around busy junctions.
- Growth drivers:
- Metro 5, ring-road plans, the region's most accessible pricing.
- Who buys here:
- Budget-first buyers who commute the central line.
PropPin area guide — editorial, not a RERA disclosure.
Official RERA facts
- Registration
- PM1330002501475
- Status
- New
- Stage
- Certificate Signed
- Possession
- December 2028
- Construction
- —
- Units sold
- 3 of 17
RERA complaint record0 records
No complaints disclosed on MahaRERA (checked 24 Jul 2026).
Litigation record5 cases
- Honble Civli JudgeCase Special Civil Suit No.74/2024/2024M/s Yash Builders and Land Developers,through its partner Mr. Arun Newaskar,as the plaintiff filed Special Civil Suit No .74 of 2024 against Kalyan Kinara CHS LTD as the Defendant therin in The Court of Honble civil judge senior Division Kalyan under sections 34 to 39 of the Specific Reliet Act 1963 on the basisi of Memorandum of Understanding praying for the reliefs therein reproduced verbatim as underStatus: Ongoing
- Honble Civil JudgeCase Suit No.98/2024/2024M/s. Yash Builders And Land Developers,A Partnership Firm,Through Its Partner Mr. Arun Newaskar,As The Plaintiff Field /special Civil Suit No 98 of 2024 Against Kevet CHS LTD as The Defendant therein in The Court of Honble Civil Judge,Senoir Division ,Kalyan under sections 34 to 39 of the Specific Relief Act 1963, on the basis of Memorandum of Understanding praying for the reliefs therein reproduced verbatim as underStatus: Ongoing
- Honble Civil JudgeCase Special Civil Suit No.75/2024/2024M/s. Yash Builders And Land Developers, A Partnership Frim, thriugh its partner Mr. Arun Newaskar,as the Plaintiff field Special Civil Suit No.75 of 2024 againest Chintamani Krupa CHS LTD as the Defendant therein in The Court of Honble Civil Judge ,Senior Division,Kalyan under sections 34 to 39 of the Specific Relief Act,1963, on the basis of Memorandum of understanding praying for the reliefs therein reproduced verbatim as under.Status: Ongoing
- Honble Civil JudgeCase Special Civil Suit No206/2024/2024M/s Yash Builders And Land Developers,A Partnership firm,thriugh its partner Mr.Arun Newaskar, as the Plaintiff field Special Civil Suit No 206 of 2024 againest Dhram CHS LTD as the Defendant therein in The Court of Honble Civil Judge,Senior Division, Kalyan undersections 34 to 39 of the Specific Relief Act,1963, on the basis of Memorandum of Understanding praying for the reliefs therein reproduced verbatim as underStatus: Ongoing
- Honble Civil JudgeCase Special Cvil Suit No.73/2024/2024M/s Yash Builders ANd Land Developers, A partnership Firm,through its partner Mr. Arun Newaskar,as the Plaintiff field Special Civil Suit No.73 of 2024 against Shree Sai Mayureshwar CHS LTD as the Defendant therein in The Court Of Honble Civil Judge,Senior Division, Kalyan under sections 34 to 39 of the Specific Relief Act,1963,on the basis of Memorandum of Understanding praying for the reliefs therin reproduced verbatim as underStatus: Ongoing
MahaRERA's financial encumbrance declaration shows this project has ₹45 Cr secured against a lender. If the promoter defaults, the lender's claim can outrank a buyer's — worth raising with the builder before booking.
The promoter's allotment letter or agreement for sale is flagged as deviating from MahaRERA's standard proforma — read the actual clauses carefully before signing.
Landowner
Chintamani Krupa Co Operative Housing Society Limited, Dharam Co Operative Housing Society Limited, Kalyan Kinara Co Operative Housing Society Limited, Kewat Co Operative Housing Society Limited, Shree Sai Mayureshwar Co Operative Housing Society Limited
Building & registration
- RERA registered
- Nov 2025
- Floors
- 24 (sanctioned 1)
- Unit mix
- 0 res · 17 comm
- Plot / CTS / survey no.
- CTS NO.1000,1001,1002,1006,1007,1011 TO 1015, sector-3 at village-Gandhare
- Planning authority
- KALYAN DOMBIVLI MUNICIPAL CORPORATION
- Approved layout land
- 2,020 sq.m
- Land for this registration
- 2,020 sq.m
- Recreational open space
- 0 sq.m
- Permissible built-up area
- 2,222 sq.m
- Promoter contact
- Sunil Pandurang Mhatre
- Registered office
- MHATRE VILLA
- North
- 6 Mtr Road
- South
- 30 Mtr Road
- East
- 9 Mtr Road
- West
- Anand Navsaring home
Project bank account
The RERA-designated account this project's payments should go to — verify before wiring any money.
- AU SMALL FINANCE BANK LIMITED — 2865IFSC AUBL0002346Shop No A/1A,Building 3 ,CTS No 3427/30,3431/33/34,Near Fortis,Kalyan West Thane,Kalyan,Maharashtra-421301
Commencement Certificate documents
- cc.pdf
Buyer community
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Data sourced from the official MahaRERA portal; complaints last synced 24 Jul 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.