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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51700009592

Thane West · Mumbai

Palacia Phase 2

Thane West · by Madhav Shreeji (Shree Sachdhanand Developers)

Updated Sep 2026

289
Units
2020
Possession
3
Buildings
Certificate Signed
Status

A first look at Palacia Phase 2

Palacia Phase 2 is a residential project by Madhav Shreeji in Thane West, Mumbai 400615. It is registered with MahaRERA under P51700009592 (registered 2017-08-22). The project has 289 units across 3 buildings of up to 22 floors. It offers 2 & 3 BHK homes with carpet areas of 497–752 sq ft. The quoted rate is about ₹9,000 per sq ft. MahaRERA proposed possession: Dec 2020, revised to Dec 2019.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK497 ft²On request
2 BHK599 ft²On request
3 BHK752 ft²On request

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Palacia Phase 2 floor plans

2
Palacia Phase 2, Thane West — floor plan 1Palacia Phase 2, Thane West — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Palacia Phase 2

Location

Palacia Phase 2 is located in Thane West, Mumbai 400615. Across 41 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,800 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51700009592, issued on 22 August 2017. The registered promoter is Shree Sachdhanand Developers. The filing lists 3 wings: BLDG A over 22 floors; BLDG B over 22 floors; BLDG C over 22 floors. Per the registration, the architect on record is Anil Jagwani and the project escrow account is with DCB Bank Ltd.

Homes and prices

The price list covers 2 BHK of 497–599 sq ft; 3 BHK of 752 sq ft (carpet area). Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2020, revised to Dec 2019.

Developer track record

Madhav Shreeji has 3 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Anupama, Mehr, Naman Fifty Eight.

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 30 requirements for Thane West with Mumbai Property Exchange, 10 of them to buy and 10 specifically for 2 & 3 BHK homes.

Developer's description ▾
Palacia Phase II is a lavish project conceptualized and developed by Madhav-Shreeji Group in the beautiful surroundings of Thane. These exquisitely designed and thoughtfully developed apartments are especially created for offering you a refreshing new life in the cozy environs of your own dwelling.

Price vs Locality

₹8,999
/sqft · Thane West rate-band mid-point ₹30,000
70% below mid-point

Upcoming projects & infrastructure in Thane West

take an informed decision

189 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Palacia Phase 2 is the Line 4 Green, 2.6 km away (under construction · due 2027).

189
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,700/sqft
typical asking price
rising this quarter
₹16,100/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Thane West by possession year
10
2026
30
2027
61
2028
56
2029
32
2030
Metro & infrastructure near Palacia Phase 2
  • 🚇Line 4 GreenUnder construction · due 20272.6 km
📜 5,365 registered transactions (IGR) on record in Thane West, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Thane West report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Thane West — resale, rent & yield

Resale
₹21,800/sqft
median · 41 listings
Rent
₹99.9/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
5.5%/yr
rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Shop122–192 ft²₹11 L–₹17 L
2 BHK501–610 ft²₹45 L–₹55 L
2.5 BHK669 ft²₹60 L
3 BHK757 ft²₹68 L
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2020
Possession (revised)
Dec 2019
MahaRERA No.
P51700009592
Data last updated
Sep 2026
Registered
2017-08-22
Escrow Bank
DCB BANK LIMITED
Architect
Anil Jagwani
Total FSI
15,883

Buildings · 3 wings

BLDG A · 22 fl · — u
BLDG B · 22 fl · — u
BLDG C · 22 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)0%

Amenities

22
Aggregate area of recreational Open SpaceCommunity BuildingsELEVATED RGElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…GymnasiumIndoor games
+14 more ▾
Internal Roads & FootpathsLandscaping & Tree PlantingMini TheatreOpen ParkingParty hallSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsStreet LightingSwimming poolTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvestingYoga Hall

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Thane West market context

Property Rates in Thane West

Residential · Sale
₹15,000–45,000/sqft
Commercial · Sale
₹15,000–45,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Thane West

4

Flats for Rent in Thane West

4

Commercial for Sale in Thane West

1

Commercial for Lease in Thane West

1

Commercial Projects in Thane West

More by Madhav Shreeji (Shree Sachdhanand Developers)

MahaRERA projects nearby in Thane West

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Palacia Phase 2 located?

Palacia Phase 2 is in Thane West, Mumbai 400615.

What configurations and carpet areas does Palacia Phase 2 offer?

2 BHK – 497 sq ft carpet; 2 BHK – 599 sq ft carpet; 3 BHK – 752 sq ft carpet.

When is possession of Palacia Phase 2?

As per MahaRERA, proposed possession is Dec 2020, revised to Dec 2019.

Is Palacia Phase 2 RERA-registered?

Yes — MahaRERA registration P51700009592, registered 2017-08-22.

How many units does Palacia Phase 2 have?

MahaRERA records 289 units across 10 buildings, up to 22 floors.

Who is the developer of Palacia Phase 2?

Madhav Shreeji (Shree Sachdhanand Developers) — 3 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

189 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Palacia Phase 2?

Line 4 Green — under construction · due 2027, 2.6 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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