MahaRERA Property Intelligence · Mumbai Suburban

Neptune Florencia

P51800002376 · Mulund West · promoter Sachin Deshmukh And

Certificate SignedDue 30 Oct 2021

Delivery & Registration

MahaRERA registrationP51800002376
Registered on31 Jul 2017
Promoter-declared completion30 Oct 2021
Current statusCertificate Signed
Against todayabout 57 months past 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, Sachin Deshmukh And is the promoter of record on 75 projects, of which 16 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.

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+15.

BuildingWingsFloorsDeclared completion
Neptune Florencia1G+15-

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000007863125/03/2019Nitin Hemraj Mota vs Sachin M. Deshmukh & Nayan A. Bheda (AOP)order passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
30 Oct 202131 Dec 2019We had obtained Commencement Certificate from the Executive Engineer (Building Proposal) of MCGM (Competent Authority) till 12 Floors and also RCC work of the said project has been
30 Oct 202130 Apr 2021Project is in finishing stage and it will take approx. 6 months to handover to customers.

Location, Land & Connectivity

Located at Mulund West, PK Road, Kurla, Mumbai Suburban, 400080. Per the filed land record, the plot is bounded to the north by Valji Laddha Road, to the south by Om Laxmi Sadan CHS Ltd, to the east by OM Shanti CHS Ltd and to the west by Purshottam Kheraj Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

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
Bandra Kurla Complex (BKC)2 km
Chhatrapati Shivaji Int'l Airport4 km
Powai / Hiranandani business park7 km
Andheri MIDC / SEEPZ8 km
Lower Parel / Worli business district9 km
Nariman Point / Fort16 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.

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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Other RERA-registered projects in Mulund West

Kailash Residency
possession by Aug 2026 · Tridev Shreeji Associates
Ananta
possession by Aug 2026 · K Ajmera Developers
AAI Satidevi Paradise
possession by Sep 2026 · Shreenath Developers
Laizer Elegance
Not filing quarterly progress reports · possession by Sep 2026 · Laizer Builders & Developers
THE NEW Anand Deep CHS LTD
possession by Sep 2026 · Shreejee Buildcon
Tirupati Apartments Chsl
possession by Oct 2026 · Tirupati Aparmtnets CO Operative Housing

Major developers building in Mulund West

Other RERA-registered projects in Mumbai Suburban

Neptune Flying Kites A Wing - Right Wing
declared completion Dec 2019 · Neptune Ventures AND Developers Private
Neptune Flying Kites B Wing- Left Wing
declared completion Dec 2019 · Neptune Ventures AND Developers Private
Neptunes Lotus
possession by Dec 2027 · Vrutti Developers LLP
Nero
possession by Dec 2026 · Super Construction Company
Nest Residency
declared completion Mar 2026 · Chaitali Kalapi Nagada
Nest Wing A
declared completion Mar 2022 · Sssc Escatics Pvt. Ltd.

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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