MahaRERA Property Intelligence · Thane

ORBIT BUSINESS HUB

P51700055269 · THANE (WAGLE) INDUSTRIAL AREA · promoter Ekatva Developers

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700055269
Registered on14 Mar 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Ekatva Developers is the promoter of record on 2 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 ~57.7% of the estimated project cost incurred as of the last certificate (₹40.50 Cr spent against a ₹70.25 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 318 homes filed with MahaRERA, 182 are sold/booked (122 with registered agreements + 60 booked) and 136 remain available (~57% sold) — selling steadily. Buyers have committed ₹105.65 Cr in agreement value so far. Of that, ₹61.54 Cr (~58%) is already collected, ₹44.10 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 182 registered agreements, the effective carpet rate is ₹14,905/sqft (typical range ₹13,666–₹18,819) — 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+26 and 318 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ORBIT BUSINESS HUB1G+26318-

Unit mix on the filing: 318 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.

Location, Land & Connectivity

Located at THANE (WAGLE) INDUSTRIAL AREA, ROAD NO. 16, Thane, Thane, 400604. Per the filed land record, the plot is bounded to the north by PLOT NO B 68, to the south by CORPORATION LAND, to the east by TANSA PIPE LINE and to the west by ESTATE 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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Other RERA-registered projects in Wagle Estate

Urban Villa
possession by Jul 2026 · Yash Infra
One Wagle
possession by Oct 2026 · Sagar Nirman Spaces
Bhairaav Milestone Phase II
possession by Dec 2026 · Sharpmind Consultancy Services Private L
Aura Business Center
possession by Dec 2026 · AUM Developers
Centura Square
possession by Dec 2026 · Supper Squarefeet Infraventures LLP
O22 Business Park
possession by Dec 2026 · Midas Touch

Other RERA-registered projects in Thane

Orchid
declared completion Mar 2019 · Mehta Realtors
Orchid
declared completion Jul 2019 · Royale Urbanspace LLP
Orchid A To L
declared completion Jun 2018 · Palava Dwellers Pvt Ltd
Orchid Arcade
possession by Dec 2028 · Swastik Anmol Builders AND Developers
Orchid M N O
declared completion Dec 2020 · Palava Dwellers Pvt Ltd
Orchid Square Phase 2
declared completion Dec 2018 · M/S Squarefeet ECO Housing 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