In ExtensionP51700028504Registered Mar 2021Delayed 731dExtensionNo active red flags

Horizon Palms - III

A residential / group housing project by KM Developers in Owale, Thane.

Data as of Oct 2026, from this project's public MahaRERA filing. View on the MahaRERA portal ↗

Overview

Status & progress

Per MahaRERA record as of Oct 2026.

Construction
99%
cost-weighted
Declared completion
Dec 2026
delayed 731d
Units sold
60 / 81
74% sell-through
Basics

Project basics

As filed with MahaRERA — not analysis, just the record.

Promoter
KM Developers · Partnership
Project type
Residential / Group Housing
Land area
1,150 m² · Permissible built-up (FSI) 3,498 m²
Total units
81 across 2 wings
Estimated cost
₹10.4 Cr
Land ownership
Promoter is the landowner
Parking
36 four-wheeler · 0 two-wheeler
Held outside open sale
5 landowner/investor share · 6 reserved
Application date
27 Feb 2021
Buildings & units

2 wings

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA9 of 9 proposed29
NA8 of 8 proposed52
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
AKRUTI CONSULTANTS · CA/94/17923
Structural engineer
ASSOCIATED STRUCTURAL CONSULTANTS
Project bank
DCB BANK LIMITED
Location

Where it sits

Owale, Thane — 400615.

Locality
Owale
District
Thane
Authority
Thane Municipal Corporation
Red flags

No active red flags

Absence of a flag reflects the record as filed, not an assessment of safety.

Horizon Palms - III: common questions

Is Horizon Palms - III RERA registered?

Yes. Horizon Palms - III is registered with MahaRERA under registration number P51700028504, granted on 8 March 2021. As of October 2026, the registration is active under a MahaRERA extension.

What is the possession date of Horizon Palms - III?

The developer has declared completion by December 2026 in its MahaRERA filing, revised from the original December 2024. The record shows the project running 731 days behind its declared schedule. The RERA completion date is the developer's legal commitment; the possession date in your agreement can differ, so check both.

Who is the builder of Horizon Palms - III?

Horizon Palms - III is developed by KM Developers, the promoter named in its MahaRERA registration.

Where is Horizon Palms - III located?

Horizon Palms - III is in Owale, Thane (PIN 400615), Maharashtra, as declared in its RERA registration.

How many units does Horizon Palms - III have, and how many are sold?

Horizon Palms - III has 81 units on its RERA registration. 66 were reported sold as of October 2026, leaving 15 unsold.

How much construction of Horizon Palms - III is complete?

By the developer's own quarterly filing, 99% of the work is done, measured against the project's cost estimate.

Is there any litigation against Horizon Palms - III?

No litigation is declared on Horizon Palms - III's MahaRERA record as of October 2026. A clean record reflects what was filed, not a legal title check.

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