Thane West · Mumbai
Mahavir Square
Thane West · by Damji Shamji Shah and Co (THANE SQUAREFEET LIFESTYLES LLP)
Updated Sep 2026
Thane WestPhotos from the project record · tap to enlarge
A first look at Mahavir Square
Mahavir Square is a residential project by Damji Shamji Shah and Co in Thane West, Mumbai 400607. It is registered with MahaRERA under P51700024701 (registered 2022-03-02). Mahavir Square is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 285 units across 2 buildings of up to 27 floors. It offers 2, 3, 4 & 5 BHK homes with carpet areas of 748–1,668 sq ft. MahaRERA proposed possession: Dec 2027.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Mahavir Square floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Mahavir Square
Location
Mahavir Square is located in Thane West, Mumbai 400607. Across 47 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹18,901 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.
MahaRERA record
The MahaRERA registration number is P51700024701, issued on 2 March 2022. The registered promoter is Thane Squarefeet Lifestyles LLP. The filing lists 2 wings: A WING with 146 units over 27 floors; B WING with 139 units over 27 floors. Per the registration, the architect on record is 10Folds Architects and Consultants and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
Configurations recorded are 2 BHK of 748–774 sq ft at ₹1.48 Cr–₹1.53 Cr; 3 BHK of 997–1,011 sq ft at ₹2 Cr–₹2.17 Cr; 4 BHK of 1,426 sq ft at ₹3.01 Cr; 5 BHK of 1,668 sq ft at ₹3.32 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹19,800–₹21,500 per sq ft of carpet, 6% above the locality's resale median. 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 75%, services at 100%. Proposed possession is Dec 2027.
Developer track record
Damji Shamji Shah and Co has 28 projects tracked on Mumbai Property Exchange, 27 of them delivered (ready or sold out). Other projects by the same developer include Thanekar Palacio - Phase 2, Thanekar Palacio, Thanekar Civic.
Buyer demand in Thane West
In the last 90 days, buyers and tenants registered 41 requirements for Thane West with Mumbai Property Exchange, 16 of them to buy and 17 specifically for 2, 3, 4 & 5 BHK homes.
Developer's description ▾
Thane West market
prices, rents & ratesPrice vs locality
Thane West — resale, rent & yield
This project is quoted around ₹20,348/sqft — 8% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Thane West
Upcoming projects & infrastructure in Thane West
take an informed decision212 MahaRERA projects are due to hand over in Thane West between 2026 and 2030.
🔒 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.
RERA record & possession
Buildings · 2 wings
285 unitsLocation
Construction progress
per MahaRERASee all 12 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 3 BHK · 1011 sq ft at ₹2.17 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ✓ Sanitary fittings80% paid by then
- ✓ Staircases, lift wells & lobbies85% paid by then
- ✓ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.63 Cr here), released stage by stage, so your own money is about ₹54.2 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.41 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
11+3 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale 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
2
Commercial Projects in Thane West
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Frequently Asked Questions
Where is Mahavir Square located?
Mahavir Square is in Thane West, Mumbai 400607.
What is the price of Mahavir Square?
Mahavir Square is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Mahavir Square offer?
2 BHK – 748 sq ft carpet; 2 BHK – 774 sq ft carpet; 3 BHK – 997 sq ft carpet; 3 BHK – 1,011 sq ft carpet; 4 BHK – 1,426 sq ft carpet; 5 BHK – 1,668 sq ft carpet.
When is possession of Mahavir Square?
As per MahaRERA, proposed possession is Dec 2027.
Is Mahavir Square RERA-registered?
Yes — MahaRERA registration P51700024701, registered 2022-03-02.
How many units does Mahavir Square have?
MahaRERA records 285 units across 17 buildings, up to 27 floors.
Who is the developer of Mahavir Square?
Damji Shamji Shah and Co (THANE SQUAREFEET LIFESTYLES LLP) — 28 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Thane West?
212 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines 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.
