MahaRERA · the public record
IKIGAI - Phase 1
Ghodbunder Road · Puranik Tokyo Bay Private Limited
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Registration read 12 Jul 2026Progress & 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 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 registration | P51700006605 |
| Registered on | 14 Aug 2017 |
| Promoter-declared completion | 30 Dec 2031 |
| Current status | Certificate Signed |
| Against today | 63 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.
44quarterly filings
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:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 101 | 474 sqft | Rs 57.48 lakh typical, over Rs 53.30 lakh to Rs 60.27 lakh | 38 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.
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.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building A1 - Hana | 1 | G+42 | 311 | - |
| Building A2 - Ayami | 1 | G+42 | 312 | - |
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. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000090021 | 08/07/2019 | UNNATHI ASSOCIATES vs Sai Pushp Enterprises | order passed |
| CC006000000292551 | 05/09/2022 | PULKESH G MAJUMDAR vs PURANIKS BUILDER | order passed |
| CC12601752 | 27/03/2026 | Puranik Tokyo Bay Private Limited vs HITENDRA VIJAY CHHEDA | pending / no order on file |
| CC12601783 | 27/03/2026 | Puranik Tokyo Bay Private Limited vs MOHAMMAD AMJAD SHAIKH | order passed |
| CC12601980 | 03/04/2026 | Puranik Tokyo Bay Private Limited vs Firdosh Mohammad Saleem Hashmi | pending / no order on file |
| CC12602084 | 09/04/2026 | Puranik Tokyo Bay Private Limited vs MR SUJIT JOYDEV BAUG | pending / no order on file |
| CC12604392 | 14/07/2026 | Puranik Tokyo Bay Private Limited vs Mr Nitin Gokule | pending / 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Maharashtra Real Estate Regulatory Authority | CC006000000292551 | 2022 | For 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.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 17 km |
| Andheri MIDC / SEEPZ | 17 km |
| Chhatrapati Shivaji Int'l Airport | 21 km |
| Bandra Kurla Complex (BKC) | 24 km |
| Lower Parel / Worli business district | 32 km |
| Nariman Point / Fort | 40 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.