MahaRERA Property Intelligence · Thane

NEPTUNE SWARAJYA SECTOR 1-A3

P51700011861 · promoter Neptune Developers Limited

Certificate SignedDue 30 Jun 2018

Delivery & Registration

MahaRERA registrationP51700011861
Registered on31 Aug 2017
Promoter-declared completion30 Jun 2018
Current statusCertificate Signed
Against todayabout 97 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, Neptune Developers Limited is the promoter of record on 53 projects, of which 52 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+5.

BuildingWingsFloorsDeclared completion
A31G+5-

Complaints

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

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. 5 are still pending. 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Tahsildar Kalyan72017Pending
Civil Court S D Kalyan52017Pending
Civil Court S D Kalyan3912012Pending
Civil Court S D Kalyan7692012Pending
Session Court Kalyan1232012Pending

Location, Land & Connectivity

Located at Kurla, Mumbai Suburban, 421102. Per the filed land record, the plot is bounded to the north by PROPOSED 30M DP ROAD, to the south by RAILWAY TRACK, to the east by PROPOSED 24 M DP ROAD and to the west by SURVEY NO 75 AND 76. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~35 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park35 km
Andheri MIDC / SEEPZ37 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)41 km
Lower Parel / Worli business district49 km
Nariman Point / Fort55 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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Builder track record

Neptune Developers Limited is the promoter on 13 MahaRERA-registered projects, of which 13 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Neptune Developers Limited project & its RERA track record →

Other flagged projects by Neptune Developers Limited

Neptune Developers Limited
Developer in insolvency (NCLT)Thane
Neptune Developers Limited
Developer in insolvency (NCLT)Thane
Neptune Developers Limited
Developer in insolvency (NCLT)Thane
Neptune Developers Limited
Developer in insolvency (NCLT)Thane
Neptune Developers Limited
Developer in insolvency (NCLT)Thane
Neptune Developers Limited
Developer in insolvency (NCLT)Thane

Other RERA-registered projects in Ambivali West

Godrej Riviera Phase 1
possession by Dec 2026 · Godrej Properties Limited
Pearl Galaxy
possession by Dec 2026 · Pearlcorporates
Gaikwad Residency
possession by Dec 2026 · Niwara Group
Gangubai Height
possession by Dec 2026 · Vinayak Construction
Ashapura Galaxy
possession by Mar 2027 · Ashapura Estates
Lotus Residency
possession by Mar 2027 · Kulvinder Infrastructure Private Limited

Other RERA-registered projects in Thane

Neptune Swarajya Sector 1-A4
declared completion Jun 2018 · Neptune Developers Limited
Neptune Swarajya Sector 1-A5
declared completion Jun 2018 · Neptune Developers Limited
Neptune Swarajya Sector 2 - 1B
declared completion Dec 2019 · Neptune Developers LTD
Neptune Swarajya Sector 2 - 2B
declared completion Dec 2019 · Neptune Developers LTD
Neptune Swarajya Sector 2 - B 14
declared completion Dec 2019 · Neptune Developers LTD
Neptune Swarajya Sector 2 - B 19
declared completion Dec 2019 · Neptune Developers LTD

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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