MahaRERA Property Intelligence · Karav · Thane

SPM lake City Phase II Part 2

P51700024828 · Karav · promoter Kothari Deshmukh Landmark

The Drawings Report · ₹4,999

Which home should you ask for in SPM lake City Phase II Part 2?

We read all 6 approved drawings and 6 filed papers on this project’s RERA file — the sheets the builder filed to get it approved.

184 of 184 homes still unsold in the latest filing.

  • Which home to ask for — and which to say no to
  • What the drawings put around it
  • What to get in writing before you pay a booking amount

One real find, from a Gurugram colony’s approved papers: 392.997 sq m already used of the 396 allowed — the promised extra room can never be built.

Get it for this project →

Not useful to your decision? Full refund — no questions asked. Sent as a PDF in one working day.

Or, since no sale has been filed on this project: the government has valued 184 homes here, and the Reckoner Record lists every one with the rate it implies.

The Reckoner Record · ₹999 →

Free before you decide: the 14 things to get in writing before you book

Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.

Read it here →

Delivery and registration

When is the project declared for completion?

SPM lake City Phase II Part 2 is registered with MahaRERA as P51700024828 and the promoter has declared completion for 28 Feb 2026.

28 Feb 2026

declared completion

7months past

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700024828
Registered on09 Mar 2020
Promoter-declared completion28 Feb 2026
Current statusCertificate Signed
Against todayabout 7 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for SPM lake City Phase II Part 2 record 25 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

Promoter record

What else is this promoter on record for?

Kothari Deshmukh Landmark is the promoter of record on 75 projects registered with MahaRERA, 16 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

75projects

registered with MahaRERA

16flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Sales

How much has actually been sold?

In SPM lake City Phase II Part 2, 0 of 184 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 184 remain available.

0%sold

0 of 184 homes

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for SPM lake City Phase II Part 2 in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 04 September 2026

What the filings record, home by home

Read from MahaRERA on 04 September 2026

No home in SPM lake City Phase II Part 2 carries a registered agreement value on its MahaRERA filing, so there is no record here of what anyone has paid. What the promoter has filed is the government ready reckoner value for 184 homes — the Annual Statement of Rates valuation, with each home’s carpet area and floor already applied. Across them that is Rs 2,248 a sq ft typical, over Rs 2,248 to Rs 2,248.

A reckoner value is the basis stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home to you.

The Reckoner Record lists all 184 of them — each home, its RERA carpet area, the valuation filed against it and the rate that works out to. It is the filing copied, not a reading of it.

See all 184 filed valuations — ₹999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+5 and 184 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing H1G+53628 Feb 2025
Wing I1G+55228 Feb 2025
Wing J1G+46028 Feb 2025
Wing K1G+53628 Feb 2025

Unit mix on the filing: 184 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Karav, Village Karav, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by Gut No 58 Hissa No 3, to the south by Gut No 16, to the east by Gut No 59 and to the west by Gut No 56 Hissa No 1. These are the boundaries as recorded in the filed land record.

🔒 What I’d do as a buyer here · Drawings Report

The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 Which home to ask for · Drawings Report

The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.

Unlock in the ₹4,999 report →

The approved drawings

6approved drawings on file
6other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 6 approved sheets are the same drawings the builder filed to get SPM lake City Phase II Part 2 approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.

What that turns up — from other projects’ filings:

ATS Knightsbridge · Sector 124, Noida

You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.

Oberoi Elysian · Goregaon East, Mumbai

“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.

Godrej Aristocrat · Sector 49, Gurugram

Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.

Prestige Camden Gardens · Thanisandra, Bengaluru

The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.

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Builder track record

Kothari & Deshmukh Landmark LLP is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Kothari & Deshmukh Landmark LLP

Kothari & Deshmukh Landmark LLP
FlaggedThane

Other RERA-registered projects in Badlapur

Jagannath Paradise
possession by Sep 2026 · Mayur Group
JAY Meghdoot Chsl
possession by Sep 2026 · S R Developers
Kendale Emeralds
possession by Sep 2026 · Kendale Developers
Krishna Sudama Residency
possession by Sep 2026 · SAI Homes
MAA Bhawani Empire
Deregistered by MahaRERA · possession by Sep 2026 · MAA Bhawani Construction
Raghu Anand Villa
possession by Sep 2026 · United Developers

Other RERA-registered projects in Thane

SPM Midtown
possession by Dec 2029 · SPM Innovation LLP
Spring Wood Park
declared completion Dec 2021 · Skyline Developers
Springfield
possession by Jul 2028 · Majesty Apropos JV Realty LLP
Square Garden
declared completion Jun 2024 · Square Arch Infra
Square II B Wing
declared completion Mar 2023 · Square Arch Infra
SRI Parkview
possession by Dec 2027 · Sri Lifespace

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 10 Sep 2026