MahaRERA Property Intelligence · Thane

9PBR TOWER C2

P51700076870 · NERUL · promoter Mistry Construction Co

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700076870
Registered on03 Jul 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Mistry Construction Co is the promoter of record on 7 projects, of which 1 carries a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~37.4% of the estimated project cost incurred as of the last certificate (₹24.87 Cr spent against a ₹66.49 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 48 homes filed with MahaRERA, 35 are sold/booked (22 with registered agreements + 13 booked) and 13 remain available (~73% sold) — selling steadily. Buyers have committed ₹151.57 Cr in agreement value so far. Of that, ₹62.02 Cr (~41%) is already collected, ₹89.55 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 35 registered agreements, the effective carpet rate is ₹32,237/sqft (typical range ₹26,847–₹37,183) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 11243 sqft (22.6 sqm)₹38.63 Lakh
Floor 11031,237 sqft (114.88 sqm)₹1.96 Cr
Floor 11041,237 sqft (114.94 sqm)₹1.96 Cr
Floor 1111011,578 sqft (146.59 sqm)₹2.51 Cr
Floor 1111021,262 sqft (117.24 sqm)₹2.00 Cr
Floor 1111031,236 sqft (114.85 sqm)₹1.96 Cr
Floor 1111041,237 sqft (114.95 sqm)₹1.96 Cr
Floor 1212012,743 sqft (254.85 sqm)₹4.36 Cr
Floor 1212022,169 sqft (201.48 sqm)₹3.44 Cr
Floor 1212031,237 sqft (114.88 sqm)₹1.96 Cr
Floor 1212041,237 sqft (114.91 sqm)₹1.96 Cr
Floor 22031,236 sqft (114.87 sqm)₹1.96 Cr
Floor 33031,236 sqft (114.85 sqm)₹1.96 Cr

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+15 and 48 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TOWER C21G+1548-

Unit mix on the filing: 48 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 3 court cases on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
City Civil Court Belapur1902023Argument Stage
Bombay High Court1682022Pending
Bombay High Court298932022Closed

Location, Land & Connectivity

Located at NERUL, PALM BEACH ROAD, Thane, Thane, 400706. Per the filed land record, the plot is bounded to the north by TOWER C1, to the south by TOWER C3, to the east by SEAWOODS NRI COMPLEX and to the west by 20 MTR WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Mistry Construction CO. Pvt. Ltd. is the promoter on 5 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:

See every Mistry Construction CO. Pvt. Ltd. project & its RERA track record →

Other flagged projects by Mistry Construction CO. Pvt. Ltd.

Mistry Construction CO. Pvt. Ltd.
FlaggedThane
Mistry Construction CO. Pvt. Ltd.
FlaggedThane
Mistry Construction CO. Pvt. Ltd.
FlaggedThane
Mistry Construction CO. Pvt. Ltd.
Deregistered by MahaRERAThane

Other RERA-registered projects in Nerul

Vishv Eleanor
possession by Aug 2026 · Vishv Realty
Cyber Code
possession by Sep 2026 · Greenscape Realty
Shreeji Dios
possession by Dec 2026 · Shreeji Ventures Nirmaan Private Limited
Infinity Ikon
possession by Dec 2026 · Emperia Projects
Plan I
possession by Dec 2026 · M/s. Tescon Plan-I LLP
Regency Palms Phase IV
possession by Dec 2026 · Regency INC

Other RERA-registered projects in Thane

9riviera Hills
declared completion Oct 2020 · Natu Paranjape Realtors
A-2 Marigold
declared completion Mar 2018 · Mukta Developers
A H Sapphire
possession by Dec 2027 · A.h. Constructions
A N Empire
possession by Dec 2029 · A N Builder AND Developers
A R Plaza
declared completion Mar 2024 · Ravindra Ramnarayan OZA Vaze
Aabiel Heights
declared completion Jul 2024 · Daichi Infra LLP

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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: 27 Jul 2026