Mumbai/Project record

MahaRERA · the public record

IKIGAI Phase 2

Village Owale, Taluka and District Thane · 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.

89units filed as unsoldInventory · 19 September 2026
31 Dec 2030declared completionMahaRERA registration · read 12 Jul 2026
305registered 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

31 Dec 2030

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 · P51700051124

Delivery and registration

When is the project declared for completion?

IKIGAI Phase 2 is registered with MahaRERA as P51700051124 and the promoter has declared completion for 31 Dec 2030.

31 Dec 2030

declared completion

51months 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 registrationP51700051124
Registered on30 May 2023
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today51 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 2 record 20 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 — 20 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 2, 196 of 285 homes filed with MahaRERA are recorded as sold or booked (188 with registered agreements and 8 booked), about 69%, and 89 remain available.

69%sold

196 of 285 homes

₹81.89 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, ₹29.59 Cr (about 36%) is recorded as collected and ₹52.23 Cr as receivable. The project registers 305 homes in total, while this sold/unsold inventory filing covers 285 of them.

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

What buyers actually paid: across 196 registered agreements, the effective carpet rate is ₹11,798/sqft, with eight in ten falling between ₹11,305 and ₹13,181 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 10 reserved and 10 not for sale.

What the filings record, home by home

Read from MahaRERA on 19 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 196 homes carry one, and 89 of the 305 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
1607292 sqftRs 34.15 lakh typical, over Rs 32.57 lakh to Rs 39.83 lakh35 filed on this stack, floors 1–38

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 2, every one of the 89 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 88 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+43 and 305 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
B SAKURA1G+43305-

Unit mix on the filing: 305 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

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
Tahashildar ThaneSR272022For Order

Location, Land & Connectivity

Located at Village Owale, Taluka and District Thane, 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 Meter wide DP Road, to the east by Survey No 113-17 18 20 21 and 22 and to the west by DP Road and Survey No 45-8. These are the boundaries as recorded in the filed land record.

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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

Other RERA-registered projects in Owale

ACE Aristo
possession by Oct 2026 · Gaurav Land Corporation
Metro Hive D-1
possession by Dec 2026 · Vihang Infrastructure PVT LTD
Vihang Plaza - A Commecial
possession by Dec 2026 · Vihang Enterprises
Vihang Woods
possession by Dec 2026 · Vihang Enterprises
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

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
Imperial Heights
possession by Dec 2026 · GP Infra

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