Mumbai/Project record

MahaRERA · the public record

IKIGAI - Phase 1

Ghodbunder Road · Puranik Tokyo Bay Private Limited

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

57units filed as unsoldInventory · 13 September 2026
30 Dec 2031declared completionMahaRERA registration · read 12 Jul 2026
623registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Dec 2031

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700006605

Delivery and registration

When is the project declared for completion?

IKIGAI - Phase 1 is registered with MahaRERA as P51700006605 and the promoter has declared completion for 30 Dec 2031.

30 Dec 2031

declared completion

63months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700006605
Registered on14 Aug 2017
Promoter-declared completion30 Dec 2031
Current statusCertificate Signed
Against today63 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for IKIGAI - Phase 1 record 44 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 44 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Puranik Tokyo Bay is the promoter of record on 40 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

40projects

registered with MahaRERA

3flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Sales

How much has actually been sold?

In IKIGAI - Phase 1, 485 of 542 homes filed with MahaRERA are recorded as sold or booked (478 with registered agreements and 7 booked), about 89%, and 57 remain available.

89%sold

485 of 542 homes

₹223.98 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹114.41 Cr (about 51%) is recorded as collected and ₹109.53 Cr as receivable. The project registers 623 homes in total, while this sold/unsold inventory filing covers 542 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 485 registered agreements, the effective carpet rate is ₹11,687/sqft, with eight in ten falling between ₹10,336 and ₹12,543 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 9 reserved and 72 not for sale.

What the filings record, home by home

Read from MahaRERA on 13 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 485 homes carry one, and 57 of the 623 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
101474 sqftRs 57.48 lakh typical, over Rs 53.30 lakh to Rs 60.27 lakh38 filed on this stack, floors 2–40

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In IKIGAI - Phase 1, every one of the 57 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 56 homes — ₹2,999 →

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+42 and 623 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building A1 - Hana1G+42311-
Building A2 - Ayami1G+42312-

Unit mix on the filing: 623 residential.

Legal and disputes

What disputes are disclosed?

7 complaints are on the MahaRERA record for IKIGAI - Phase 1, with orders passed in 3 of them.

7complaints

3with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000009002108/07/2019UNNATHI ASSOCIATES vs Sai Pushp Enterprisesorder passed
CC00600000029255105/09/2022PULKESH G MAJUMDAR vs PURANIKS BUILDERorder passed
CC1260175227/03/2026Puranik Tokyo Bay Private Limited vs HITENDRA VIJAY CHHEDApending / no order on file
CC1260178327/03/2026Puranik Tokyo Bay Private Limited vs MOHAMMAD AMJAD SHAIKHorder passed
CC1260198003/04/2026Puranik Tokyo Bay Private Limited vs Firdosh Mohammad Saleem Hashmipending / no order on file
CC1260208409/04/2026Puranik Tokyo Bay Private Limited vs MR SUJIT JOYDEV BAUGpending / no order on file
CC1260439214/07/2026Puranik Tokyo Bay Private Limited vs Mr Nitin Gokulepending / no order on file

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 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 home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Maharashtra Real Estate Regulatory AuthorityCC0060000002925512022For Hearing

Location, Land & Connectivity

Located at Ghodbunder Road, Ghodbunder Road, Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by Survey No 45-1, to the south by 40 M DP Road, to the east by Survey No 113-17 18 20 21 22 and 23 and to the west by DP Road and Survey No 45-8. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park17 km
Andheri MIDC / SEEPZ17 km
Chhatrapati Shivaji Int'l Airport21 km
Bandra Kurla Complex (BKC)24 km
Lower Parel / Worli business district32 km
Nariman Point / Fort40 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

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Builder track record

Puranik Tokyo Bay Private Limited is the promoter on 6 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 Puranik Tokyo Bay Private Limited project & its RERA track record →

Other flagged projects by Puranik Tokyo Bay Private Limited

Puranik Tokyo Bay Private Limited
FlaggedThane
Puranik Tokyo Bay Private Limited
FlaggedThane
Puranik Tokyo Bay Private Limited
Deregistered by MahaRERAThane
Puranik Tokyo Bay Private Limited
FlaggedThane

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Vihang Plaza - A Commecial
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Ace Enclave
possession by Dec 2026 · Ace Signature Homes LLP
Cascade Avenue Bellagio
possession by Dec 2026 · Aarsh Construction

Major developers building in Owale

Other RERA-registered projects in Thane

Ikigai Phase 2
possession by Dec 2030 · Puranik Tokyo Bay Private Limited
Immensa G
declared completion Dec 2025 · Agile Real Estate Pvt. Ltd.
Immensa H
declared completion Dec 2025 · Agile Real Estate Pvt. Ltd.
Imperial Garden
possession by Mar 2031 · S. K. Heights Builders & Developers
Imperial Greens
possession by Mar 2027 · Shree Dhanlaxmi Properties AND Developer
Imperial Heights
possession by Dec 2026 · Krishna Developers

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: 20 Sep 2026