MahaRERA Property Intelligence · Thane

MARATHE TOWER

P51700022652 · MANDA VILLAGE · promoter Saiji Developers

Certificate SignedDue 30 Jul 2026

Delivery & Registration

MahaRERA registrationP51700022652
Registered on09 Oct 2019
Promoter-declared completion30 Jul 2026
Current statusCertificate Signed
Against today0 months to the declared date

Regulatory Standing

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.

Builder Track Record

Across MahaRERA, Saiji Developers is the promoter of record on 5 projects, of which none currently 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.

Construction Progress

MahaRERA's cost filing puts construction at ~86.8% of the estimated project cost incurred as of the last certificate (₹18.95 Cr spent against a ₹21.83 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 218 homes filed with MahaRERA, 75 are sold/booked and 143 remain available (~34% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹19.47 Cr in agreement value so far. Of that, ₹17.17 Cr (~88%) is already collected, ₹2.29 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 75 registered agreements, the effective carpet rate is ₹6,626/sqft (typical range ₹5,106–₹19,300) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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.

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+65 and 218 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MARATHE TOWER WING A1G+6519831 Mar 2025
MARATHE TOWER WING B1G+72031 Mar 2025

Unit mix on the filing: 191 residential and 27 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
30 Mar 202630 Jul 2026Shortage of labour and delay from KDMC in receiving necessary approvals

Location, Land & Connectivity

Located at MANDA VILLAGE , SURVEY NO.111, H.NO.2/A6, PLOT NO. 1 AND NO.2, Kalyan, Thane, 421605. Per the filed land record, the plot is bounded to the north by OPEN PLOT, to the south by 30 MW DP ROAD, to the east by 9 MW DP ROAD and to the west by 18 MV DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Builder track record

Saiji Developers is the promoter on 4 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 Saiji Developers

Other RERA-registered projects in Titwala

Marathe Elenza
possession by Jul 2026 · Saiji Developers
Ganpati Heights
possession by Sep 2026 · Manoj Prabhakar Patil
Indrayani
possession by Oct 2026 · Naresh Yashwant Patil
Mantra
possession by Nov 2026 · Vaidikh Nirmaan LLP
Rusttagi Aarambha 2.0
possession by Nov 2026 · Rustagi Estates Private Limited
Shree Gajanan Heights
possession by Dec 2026 · R K Construction

Other RERA-registered projects in Thane

Marathon Nagari NX Vigo D
declared completion Dec 2020 · Marathon Realty PVT LTD
Marathon Nagari NX Vitoria D
declared completion Dec 2021 · Marathon Realty PVT LTD
Marathon Nextown Coral
declared completion Jun 2023 · Marathon Ener-GEN LLP
Marathon Nextown Emerald
declared completion Dec 2020 · Marathon Ener-GEN LLP
Marathon Nextown Jasper
possession by Dec 2028 · Marathon Ener-GEN LLP
Marathon Nextown Ruby
possession by Dec 2026 · Marathon Ener-GEN LLP

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: 27 Jul 2026