MahaRERA Property Intelligence · Thane

Ramrajya - Neptune Anant

P51700016918 · Ambivali West · promoter Neptune Developers Limited

Certificate SignedDue 30 Dec 2023

Delivery & Registration

MahaRERA registrationP51700016918
Registered on22 Jun 2018
Promoter-declared completion30 Dec 2023
Current statusCertificate Signed
Against todayabout 31 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.

Sales & Inventory

Of 254 homes filed with MahaRERA, 76 are sold/booked and 178 remain available (~30% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹18.89 Cr in agreement value so far. Of that, ₹6.77 Cr (~36%) is already collected, ₹12.12 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 76 registered agreements, the effective carpet rate is ₹7,246/sqft (typical range ₹7,039–₹7,496) — 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+23 and 254 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Anant1G+2325431 Dec 2022

Unit mix on the filing: 248 residential and 6 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250191411/06/2025PRADEEP LALBAHADUR GUPTA vs Neptune Developers Limitedpending / no order on file

Location, Land & Connectivity

Located at Ambivali West, Swarajya Road, Mumbai, Mumbai Suburban, 421102. Per the filed land record, the plot is bounded to the north by 70, to the south by 76, to the east by 74 and to the west by 63. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~32 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 park32 km
Andheri MIDC / SEEPZ35 km
Chhatrapati Shivaji Int'l Airport37 km
Bandra Kurla Complex (BKC)39 km
Lower Parel / Worli business district47 km
Nariman Point / Fort53 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 14 MahaRERA-registered projects, of which 14 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

Ramrajya - Neptune Ekansh A
declared completion Mar 2023 · Neptune Developers Limited
Ramrajya - Neptune Ekansh B
declared completion Sep 2023 · Neptune Developers Limited
Ramrajya - Neptune Ekansh C
declared completion Sep 2023 · Neptune Developers Limited
Ramrajya - Neptune Ekansh D
declared completion Dec 2023 · Neptune Developers Limited
Ramrajya - Neptune Ekansh E
declared completion Dec 2023 · Neptune Developers Limited
Ramrajya - Neptune Ekansh F
declared completion Dec 2023 · Neptune Developers Limited

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