Mumbai/Project record

MahaRERA · the public record

KONAR BUSINESS PARK

MIDC WAGLE ESTATE · DIVIT VENTURES

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

18units filed as unsoldInventory · 18 September 2026
31 Dec 2025declared completionMahaRERA registration · read 12 Jul 2026
156registered 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 2025

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 · P51700031312

Delivery and registration

When is the project declared for completion?

KONAR BUSINESS PARK is registered with MahaRERA as P51700031312 and the promoter has declared completion for 31 Dec 2025.

31 Dec 2025

declared completion

9months past

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 registrationP51700031312
Registered on15 Oct 2021
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 9 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for KONAR BUSINESS PARK record 17 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

  • Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Construction

How much construction cost has been reported?

In KONAR BUSINESS PARK, ₹59.29 Cr of a declared ₹59.29 Cr estimated project cost is reported as incurred, about 100.0%, as at the last certified filing with MahaRERA.

100.0%

₹59.29 Cr

of ₹59.29 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In KONAR BUSINESS PARK, 138 of 156 homes filed with MahaRERA are recorded as sold or booked, about 88%, and 18 remain available.

88%sold

138 of 156 homes

₹122.45 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, ₹96.26 Cr (about 79%) is recorded as collected and ₹26.19 Cr as receivable.

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

What buyers actually paid: across 138 registered agreements, the effective carpet rate is ₹17,546/sqft, with eight in ten falling between ₹14,285 and ₹22,669 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 11011,096 sqft (101.84 sqm)₹1.46 Cr
Floor 11022,993 sqft (278.09 sqm)₹3.98 Cr
Floor 121202514 sqft (47.73 sqm)₹68.32 Lakh
Floor 181801530 sqft (49.27 sqm)₹70.52 Lakh
Floor 181802514 sqft (47.73 sqm)₹68.32 Lakh
Floor 181803493 sqft (45.84 sqm)₹68.32 Lakh
Floor 181804439 sqft (40.78 sqm)₹68.32 Lakh
Floor 181805439 sqft (40.78 sqm)₹68.32 Lakh
Floor 181806439 sqft (40.78 sqm)₹68.32 Lakh
Floor 181807602 sqft (55.89 sqm)₹94.00 Lakh
Floor 202001530 sqft (49.27 sqm)₹70.52 Lakh
Floor 202002514 sqft (47.73 sqm)₹68.32 Lakh
Floor 202003439 sqft (40.78 sqm)₹68.32 Lakh
Floor 202004439 sqft (40.78 sqm)₹68.32 Lakh
Floor 202005439 sqft (40.78 sqm)₹68.32 Lakh
Ground/Floor 0004819 sqft (76.13 sqm)₹1.09 Cr
Ground/Floor 0008811 sqft (75.32 sqm)₹1.08 Cr
Ground/Floor 0009729 sqft (67.73 sqm)₹96.92 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 18 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 138 homes carry one, and 18 of the 156 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
2003439 sqftRs 82.03 lakh typical, over Rs 58.00 lakh to Rs 1.3500 cr64 filed at this size

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 KONAR BUSINESS PARK, 13 of the 18 unsold homes have agreements filed on their 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 17 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+21 and 156 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
KONAR BUSINESS PARK1G+21156-

Unit mix on the filing: 156 non-residential (shops/offices).

Complaints

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

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 20251) The real estate industry went through multiple challenges over the pandemic years with supply chain disruption, labour crisis, and budget crunch slowing down growth. 2) We ha

Location, Land & Connectivity

Located at MIDC WAGLE ESTATE, ROAD NO. 16Z, Kurla, Mumbai Suburban, 400604. Per the filed land record, the plot is bounded to the north by PLOT NO 292, to the south by MARBLE FACTORY, to the east by BAJAJI INFOTECH and to the west by ROAD NO 16Z. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park11 km
Andheri MIDC / SEEPZ12 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district26 km
Nariman Point / Fort34 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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O22 Business Park
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White Rose
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Other RERA-registered projects in Thane

Konark
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Konark Meadows Phase-1
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Kores Nakshtra
declared completion Dec 2019 · Kores Limited
Krishna Anand
declared completion May 2025 · Gopal Krishna Developers
Krishna Arcade
possession by Mar 2029 · Shiv Shakti Developers
Krishna Crown
possession by Oct 2026 · Shree Krishna Reality

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