MARKANDEY SQUARE

Delivery and registration

When is the project declared for completion?

MARKANDEY SQUARE is registered with MahaRERA as P51700054803 and the promoter has declared completion for 31 Dec 2028.

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for MARKANDEY SQUARE record 13 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?

Aarti Enterprises is the promoter of record on 8 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

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 MARKANDEY SQUARE, ₹3.75 Cr of a declared ₹4.91 Cr estimated project cost is reported as incurred, about 76.5%, as at the last certified filing with MahaRERA.

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 MARKANDEY SQUARE, 2 of 16 homes filed with MahaRERA are recorded as sold or booked, about 12%, and 14 remain available.

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, ₹1.12 Cr (about 56%) is recorded as collected and ₹87.99 Lakh as receivable. The project registers 20 homes in total, while this sold/unsold inventory filing covers 16 of them.

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

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.

The inventory filing also declares: 4 not for sale.

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for MARKANDEY SQUARE in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 19 September 2026

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 4 homes carry one, and 25 of the 45 are recorded unsold. Since we started watching this ledger, 2 homes have moved out of the unsold list, most recently on 11 September 2026.

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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

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+11 and 20 homes are registered across the project.

Unit mix on the filing: 9 residential and 11 non-residential (shops/offices).

Complaints

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

Location, Land & Connectivity

Located at ASHOK NAGAR BALKUM, BALKUM METRO ROAD NEXT TO HIGHLAND PROJECT, Kalyan, Thane, 400608. Per the filed land record, the plot is bounded to the north by S No 150 H No 14 PRPTY OF VISHNU S PATIL, to the south by 20 MTR ROAD, to the east by S No 150 H No 14 PRPTY OF SITARAM BUDDHYA and to the west by S No 151 H No 14 PRPTY OF RUIA AND SURYAKANT. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

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.