MahaRERA Property Intelligence · Mumbai Suburban

Eastern Business District - Neptunes The Pavilion

P51800018899 · Near Mangatram petrol pump, Bhandup West · promoter Neptune Ventures And

Certificate SignedDue 30 Dec 2021

Delivery & Registration

MahaRERA registrationP51800018899
Registered on11 Dec 2018
Promoter-declared completion30 Dec 2021
Current statusCertificate Signed
Against todayabout 55 months past 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, Neptune Ventures And is the promoter of record on 53 projects, of which 52 carry 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.

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+5.

BuildingWingsFloorsDeclared completion
Eastern Business District1G+531 Dec 2020

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000011081223/09/2019Prashant Shah vs Neptune Ventures & developers Pvt. Ltdorder passed

Location, Land & Connectivity

Located at Near Mangatram petrol pump, Bhandup West, LBS Road, Kurla, Mumbai Suburban, 400078. Per the filed land record, the plot is bounded to the north by Subhash Road, to the south by CTS No 370, to the east by LBS Road and to the west by Neptune Living Point. 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

Neptune Ventures AND Developers Private Limited is the promoter on 7 MahaRERA-registered projects, of which 7 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 Neptune Ventures AND Developers Private Limit project & its RERA track record →

Other flagged projects by Neptune Ventures AND Developers Private Limit

Neptune Ventures AND Developers Private Limited
Developer in insolvency (NCLT)Mumbai Suburban
Neptune Ventures AND Developers Private Limited
Developer in insolvency (NCLT)Mumbai Suburban
Neptune Ventures AND Developers Private Limited
Developer in insolvency (NCLT)Mumbai Suburban
Neptune Ventures AND Developers Private Limited
Developer in insolvency (NCLT)Mumbai Suburban
Neptune Ventures AND Developers Private Limited
Developer in insolvency (NCLT)Mumbai Suburban
Neptune Ventures AND Developers Private Limited
Developer in insolvency (NCLT)Mumbai Suburban

Other RERA-registered projects in Bhandup West

Shraddha Evoque
possession by Aug 2026 · Shraddha Landmark Private Limited
Primo
possession by Sep 2026 · Ceear Land Developers LLP
Aureate
possession by Dec 2026 · Beauty Ganraj Construction LLP
Fairmont
possession by Dec 2026 · Trident Ozone LLP
Neptune Eleve Wing A
Developer in insolvency (NCLT) · possession by Dec 2026 · Neptune Ventures AND Developers Private
Neptune Eleve Wing B
Developer in insolvency (NCLT) · possession by Dec 2026 · Neptune Ventures AND Developers Private

Major developers building in Bhandup West

Other RERA-registered projects in Mumbai Suburban

Eastern Groves Phase 1A
possession by Jun 2027 · VL Savli Developers LLP
Eastern Groves Phase 1B
possession by Jun 2027 · VL Savli Developers LLP
Eastern Groves Phase 2
possession by Dec 2026 · VL Savli Developers LLP
Eastern Plaza
declared completion Oct 2020 · DEV Ashish Developers PVT LTD
Eastern Winds
declared completion Mar 2021 · Shree Krishna Homes Pvt. Ltd.
Eaze Zone In Laxmi Singh Complex
declared completion Dec 2022 · Keystone Realtors Pvt. Ltd.

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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