MahaRERA Property Intelligence · Mumbai Suburban

Plan M Business PArk

P51700023125 · Turbhe · promoter Vishwagreen Plus Llp

Certificate SignedDue 31 Oct 2027

Delivery & Registration

MahaRERA registrationP51700023125
Registered on02 Dec 2019
Promoter-declared completion31 Oct 2027
Current statusCertificate Signed
Against today15 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.

Construction Progress

MahaRERA's cost filing puts construction at ~43.5% of the estimated project cost incurred as of the last certificate (₹86.96 Cr spent against a ₹199.70 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 372 homes filed with MahaRERA, 339 are sold/booked (174 with registered agreements + 165 booked) and 33 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹208.84 Cr in agreement value so far. Of that, ₹144.99 Cr (~69%) is already collected, ₹63.85 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 339 registered agreements, the effective carpet rate is ₹11,665/sqft (typical range ₹7,721–₹14,530) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1A-1014,696 sqft (436.27 sqm)₹5.18 Cr
Floor 1A-1024,700 sqft (436.63 sqm)₹5.18 Cr
Floor 10C-1009397 sqft (36.88 sqm)₹43.80 Lakh
Floor 12B-1211370 sqft (34.37 sqm)₹40.82 Lakh
Floor 16B-1612370 sqft (34.37 sqm)₹40.82 Lakh
Floor 17C-1709397 sqft (36.88 sqm)₹43.80 Lakh
Floor 18B-1803566 sqft (52.58 sqm)₹62.44 Lakh
Floor 18B-1811370 sqft (34.37 sqm)₹40.82 Lakh
Floor 18C-1801397 sqft (36.88 sqm)₹43.80 Lakh
Floor 18C-1804397 sqft (36.88 sqm)₹43.80 Lakh
Floor 4A-4012,327 sqft (216.16 sqm)₹2.57 Cr
Floor 5A-5012,327 sqft (216.16 sqm)₹2.57 Cr
Floor 5A-5022,327 sqft (216.21 sqm)₹2.57 Cr
Floor 5A-5032,327 sqft (216.21 sqm)₹2.57 Cr
Floor 5A-5042,327 sqft (216.21 sqm)₹2.57 Cr
Floor 5A-5052,327 sqft (216.21 sqm)₹2.57 Cr
Floor 5A-5062,327 sqft (216.16 sqm)₹2.57 Cr
Floor 6A-6055,504 sqft (511.33 sqm)₹6.07 Cr
Floor 6A-60613,444 sqft (1248.98 sqm)₹14.83 Cr
Floor 6B & C -WING-6018,062 sqft (749 sqm)₹8.89 Cr
Floor 6B & C -WING-6025,590 sqft (519.29 sqm)₹6.17 Cr
Floor 6B & C -WING-6046,098 sqft (566.49 sqm)₹6.73 Cr
Floor 6B & C-WING-60310,043 sqft (933.07 sqm)₹11.08 Cr
Floor 7A & B- WING-7016,460 sqft (600.2 sqm)₹7.13 Cr
Floor 7A & B- WING-7022,962 sqft (275.16 sqm)₹3.27 Cr
Floor 7A & B- WING-703921 sqft (85.59 sqm)₹1.02 Cr
Floor 8B-804566 sqft (52.58 sqm)₹62.44 Lakh
Floor 8C-801397 sqft (36.88 sqm)₹43.80 Lakh
Floor 8C-806397 sqft (36.88 sqm)₹43.80 Lakh
Floor 8C-813397 sqft (36.88 sqm)₹43.80 Lakh
Floor 9C-901397 sqft (36.88 sqm)₹43.80 Lakh
Ground/Floor 0A-Shop No. 12,709 sqft (251.71 sqm)₹2.99 Cr
Ground/Floor 0A-Shop No. 22,681 sqft (249.03 sqm)₹2.96 Cr

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+27 and 372 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Plan M Business Park1G+27372-

Unit mix on the filing: 372 non-residential (shops/offices).

Complaints & Orders

2 complaints are 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
CC1250350501/10/2025Sachindeo Adityaprasad Gupta vs Nagesh Buildtech LLPorder passed
CC1250382201/11/2025Sneha Shivanand Kabburi vs Nagesh Buildtech LLPpending / no order on file

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
01 Nov 202531 Oct 2026Grounds and Reasons for Delay: 1. Initial Delays Due to COVID-19 Pandemic: The project was registered in December 2019, coinciding with the onset of the pandemic, which severely im
01 Nov 202531 Oct 2027I, hereby apply for extension as per Order No. 40 Dated 27/12/2022 of the registered project bearing vide no P51700023125.As per HEARING DATED 3rd November 2025, Hon'ble Shri Manoj

Location, Land & Connectivity

Located at Turbhe, Thane Trans Industrial Area, Thane, Thane, 400706. Per the filed land record, the plot is bounded to the north by Plot 10, to the south by Plot 8, to the east by Open Land and to the west by Thane Belapur 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 ~39 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort37 km
Lower Parel / Worli business district39 km
Bandra Kurla Complex (BKC)39 km
Powai / Hiranandani business park40 km
Chhatrapati Shivaji Int'l Airport41 km
Andheri MIDC / SEEPZ44 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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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