Mumbai/Project record

MahaRERA · the public record

MANTHAN PLAZA

Santacruz East · MANTHAN DEVELOPMENT CORPORATION

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

9units filed as unsoldInventory · 13 September 2026
30 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
29registered 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 2027

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 · P51800005360

Delivery and registration

When is the project declared for completion?

MANTHAN PLAZA is registered with MahaRERA as P51800005360 and the promoter has declared completion for 30 Dec 2027.

30 Dec 2027

declared completion

15months 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 registrationP51800005360
Registered on11 Aug 2017
Promoter-declared completion30 Dec 2027
Current statusCertificate Signed
Against today15 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 MANTHAN PLAZA record 37 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).

Promoter record

What else is this promoter on record for?

Manthan Development Corporation is the promoter of record on 12 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

12projects

registered with MahaRERA

0flagged

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

Construction

How much construction cost has been reported?

In MANTHAN PLAZA, ₹32.00 Cr of a declared ₹35.15 Cr estimated project cost is reported as incurred, about 91.0%, as at the last certified filing with MahaRERA.

91.0%

₹32.00 Cr

of ₹35.15 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 MANTHAN PLAZA, 20 of 29 units filed with MahaRERA are recorded as sold or booked, about 69%, and 9 remain available.

69%sold

20 of 29 units

₹55.46 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, ₹52.48 Cr (about 95%) is recorded as collected and ₹2.98 Cr as receivable.

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

What buyers actually paid: across 20 registered agreements, the effective carpet rate is ₹17,411/sqft, with eight in ten falling between ₹17,308 and ₹42,498 — 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 412481 sqft (44.66 sqm)₹90.61 Lakh
Floor 510989 sqft (91.9 sqm)₹1.96 Cr
Floor 512481 sqft (44.66 sqm)₹95.14 Lakh
Floor 531,051 sqft (97.62 sqm)₹2.08 Cr
Floor 54680 sqft (63.19 sqm)₹1.35 Cr
Floor 55687 sqft (63.8 sqm)₹1.36 Cr
Floor 56505 sqft (46.92 sqm)₹99.95 Lakh
Floor 571,174 sqft (109.05 sqm)₹2.32 Cr
Floor 581,135 sqft (105.47 sqm)₹2.25 Cr

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

What the filings record, unit by unit

Read from MahaRERA on 13 September 2026

MahaRERA publishes, unit by unit, what this promoter filed: which units 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 unit. On this project 20 units carry one, and 9 of the 29 are recorded unsold.

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

UnitCarpetFiled for the same unit on other floorsBased on
81,135 sqftRs 17,423 a sq ft typical, over Rs 13,916 to Rs 42,5117 filed at this size

A filed consideration is what was registered for one unit. 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 unit 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 MANTHAN PLAZA, 4 of the 9 unsold units 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 8 units — ₹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+9 and 29 units are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MANTHAN PLAZA1G+929-

Unit mix on the filing: 29 non-residential (shops/offices).

Legal and disputes

What disputes are disclosed?

4 complaints are on the MahaRERA record for MANTHAN PLAZA, with orders passed in 4 of them.

4complaints

4with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000004425526/04/2018Money Anchor Financial Services Pvt Limited vs Manthan Development Corportionorder passed
CC00600000004426526/04/2018Joy Homecreation Ltd. vs Manthan Development Corporationorder passed
CC00600000016132022/10/2019Sunil Kumar vs Manthan Development Corporationorder passed
CC00600000017165128/11/2019Sinhal Classes Pvt Ltd vs Manthan Development Corporationorder passed

Legal & Litigation

The promoter has declared 4 court cases 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 unit. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
City Civil Court3210 TO 32152013In Progress
High Court17962017Disposed Of
High CourtSA-96502 of 2020 with SA - 96492 of 20202020Ongoing
City Civil CourtCivil Suit/0203210 to 0203215/20132013Ongoing

Location, Land & Connectivity

Located at Santacruz East, NEHRU ROAD, Borivali, Mumbai Suburban, 400055. Per the filed land record, the plot is bounded to the north by CTS No 962 K And 1002, to the south by 36 60 MTR wide Nehru Road, to the east by CTS No 962 E and to the west by CTS No 962 B and 13 40 MTR wide Gaodevi Road. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Chhatrapati Shivaji Int'l Airport1 km
Bandra Kurla Complex (BKC)2 km
Andheri MIDC / SEEPZ6 km
Powai / Hiranandani business park7 km
Lower Parel / Worli business district10 km
Nariman Point / Fort18 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

Manthan Development Corporation is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Manthan Development Corporation

Manthan Development Corporation
FlaggedMumbai Suburban
Manthan Development Corporation
FlaggedMumbai Suburban

Other RERA-registered projects in Santacruz East

Pruthi Annexe
possession by Sep 2026 · Raja Developers
Crystal Avenue
possession by Nov 2026 · Eternia Realty
Vaibhav Heights
possession by Dec 2026 · RSN Balaji Realtors P LTD
Ambit Vista
possession by Dec 2026 · Ambit Builders & Developers
Atmiya Centria
possession by Dec 2026 · Upturn Properties LLP
Crescent Nexus
possession by Dec 2026 · Ascent Infraspace Private Limited

Other RERA-registered projects in Mumbai Suburban

Mantri Business Plaza
possession by Dec 2026 · Mantri Brothers
Mantri OUR Home
possession by Mar 2027 · Pentagon Premises Private Limited
Mantri Prerana
possession by Dec 2027 · Pentagon Premises Private Limited
Maplle Plazza
declared completion Dec 2025 · Maplle Infraprojects Limited
Marathon Eminence
declared completion Dec 2023 · Nexzone Buildcon LLP
Marathon Millennium 2
declared completion Jun 2026 · Terrapolis Assets PVT LTD

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