Marathe Tower
MahaRERA Property Intelligence · Thane
P51700010665 · Manda · promoter Naresh Yashwant Patil
| MahaRERA registration | P51700010665 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Oct 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to the declared date |
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.
Across MahaRERA, Naresh Yashwant Patil is the promoter of record on 50 projects, of which 9 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.
Of 70 homes filed with MahaRERA, 49 are sold/booked and 21 remain available (~70% sold) — selling steadily. Buyers have committed ₹12.07 Cr in agreement value so far. Of that, ₹7.73 Cr (~64%) is already collected, ₹4.34 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 49 registered agreements, the effective carpet rate is ₹6,882/sqft (typical range ₹5,327–₹7,929) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 269 sqft (25 sqm) | ₹15.65 Lakh |
| Floor 1 | 102 | 366 sqft (33.98 sqm) | ₹20.00 Lakh |
| Floor 1 | 103 | 437 sqft (40.64 sqm) | ₹23.82 Lakh |
| Floor 1 | 105 | 363 sqft (33.75 sqm) | ₹20.00 Lakh |
| Floor 4 | 405 | 363 sqft (33.75 sqm) | ₹20.00 Lakh |
| Floor 6 | 606 | 344 sqft (32 sqm) | ₹20.00 Lakh |
| Floor 6 | 607 | 366 sqft (33.98 sqm) | ₹20.00 Lakh |
| Floor 7 | 707 | 344 sqft (32 sqm) | ₹20.00 Lakh |
| Floor 8 | 801 | 269 sqft (25 sqm) | ₹15.65 Lakh |
| Floor 8 | 806 | 344 sqft (32 sqm) | ₹20.00 Lakh |
| Floor 9 | 901 | 366 sqft (33.98 sqm) | ₹25.50 Lakh |
| Floor 9 | 904 | 367 sqft (34.1 sqm) | ₹21.32 Lakh |
| Floor 9 | 905 | 363 sqft (33.75 sqm) | ₹21.10 Lakh |
| Floor 9 | 906 | 344 sqft (32 sqm) | ₹20.00 Lakh |
| Floor 9 | 907 | 344 sqft (32 sqm) | ₹20.00 Lakh |
| Ground/Floor 0 | SHOP 1 | 106 sqft (9.83 sqm) | ₹7.40 Lakh |
| Ground/Floor 0 | SHOP 2 | 138 sqft (12.81 sqm) | ₹9.65 Lakh |
| Ground/Floor 0 | SHOP 3 | 124 sqft (11.54 sqm) | ₹8.70 Lakh |
| Ground/Floor 0 | SHOP 4 | 135 sqft (12.55 sqm) | ₹9.20 Lakh |
| Ground/Floor 0 | SHOP 5 | 176 sqft (16.35 sqm) | ₹12.30 Lakh |
| Ground/Floor 0 | SHOP 6 | 113 sqft (10.52 sqm) | ₹7.90 Lakh |
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.
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+9 and 70 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| INDRAYANI | 1 | G+9 | 70 | - |
Unit mix on the filing: 64 residential and 6 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 3 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 31 Dec 2023 | 21 Oct 2021 | Because of the finance problem so work has been delayed. Ten apartments have already been sold. Therefore, for the extension, no objection letter has been obtained from all the 10 |
| 31 Dec 2023 | 31 Dec 2023 | Respected Sir, I Naresh Patil Request you to Grant Extension of my Project INDRAYANI Till 31/12/2023, As some negligible work is pending With Respect to Fire Fighting NOC, Solar Fi |
| 22 Oct 2018 | 31 Oct 2026 | Resp. Sir, With Respect to above subject we are requesting to extend our project till 31/10/2025 since, there is some pendancies on part of KDMC for completion proceedings. And For |
Located at Manda, Survey No. 6, Hissa No. 1, 2 and 3, Kalyan, Thane, 421605. Per the filed land record, the plot is bounded to the north by 30 METER ROAD, to the south by TULSIVILA SOCIEY, to the east by SAI PRASAD CO OPERATIVE SOCIETY and to the west by TULSIVILA SOCIETY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~37 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 37 km |
| Andheri MIDC / SEEPZ | 40 km |
| Chhatrapati Shivaji Int'l Airport | 42 km |
| Bandra Kurla Complex (BKC) | 44 km |
| Lower Parel / Worli business district | 51 km |
| Nariman Point / Fort | 57 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.
🔒 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.
🔒 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.
🔒 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.
Should you buy in INDRAYANI?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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