I won’t name the builder directly (let’s call them “P***k”), but if you’re house-hunting around Ghodbunder or Kasarvadavali, you will guess who they are instantly. I am giving enough clues on purpose because conducting this kind of background check cost me real time and money. This wasn’t a free service, and I’m sharing this report for educational awareness so other buyers don’t repeat the same mistakes.
The “Premium” Trap
On the surface, this builder looks incredibly premium. They offer themed architecture with Japanese and Balinese vibes, brochure-level lifestyle marketing, and an “international living” positioning. Combined with entry pricing that feels almost too attractive for Thane, most people assume that a reputed builder equals a safe deal. That assumption can be very expensive.
What I Found During a Real Background Check
I looked past the Instagram reels, broker sweet talk, and “trust me” promises. I checked public records and buyer forums, and the online trail was wild. Here is what kept coming up repeatedly:
* MahaRERA Status:Registered, but with reported penalties.
* Legal Issues: Extensive consumer court cases and RERA complaints.
* Social Media: Recent 2026 outcries calling out “scam-like” behavior.
* Disputes:-Alleged refund refusals and token amount disputes, with several buyers threatening legal action.
Project Clues
* Project A (Kasarvadavali):Discussions regarding delayed or partial possession moving from 2024 to 2026.
* Project B (Ghodbunder Road):Still ongoing as of 2025.
Common Buyer Complaints
This isn’t just one angry review; it is a consistent pattern:
* Parking Chaos:Shared parking instead of properly allotted spaces.
* Amenities:Facilities that look tiny compared to the brochure claims.
* Construction Quality:Water seepage and various snagging issues.
* Support:CRM and handover support described as “useless” in multiple forums.
The Risk Factor
The scary part is that most buyers don’t check any of this until after they have paid the spot booking or token money. Once the money is handed over, promises suddenly become “verbal,” timelines become “approximate,” and refunds become a “policy issue.” That is exactly where buyers lose their leverage.
My Honest Takeaway
This builder might still work for you if you have a high risk appetite and you negotiate hard. However, if you are a typical salaried buyer putting your life savings into a single flat, please do not blindly trust the branding.
If you decide to move forward, at least follow these steps:
Do not pay a spot booking amount based on emotion.
Verify every detail in the registered agreement, not via WhatsApp.
Check the MahaRERA status and any existing penalties.
Negotiation power here seems high because trust issues create buyer leverage. However, this only works if you stay disciplined and don’t let yourself be emotionally sold on the theme.
Final Note:
I am sharing this for educational purposes only. This research took significant time and money, so please respect the effort behind it.