MahaRERA Property Intelligence · Thane

Tokyo Bay Phase - 1

P51700000618 · promoter Puranik Tokyo Bay

Certificate SignedDue 30 Oct 2023

Delivery & Registration

MahaRERA registrationP51700000618
Registered on18 Jul 2017
Promoter-declared completion30 Oct 2023
Current statusCertificate Signed
Against todayabout 33 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, Puranik Tokyo Bay is the promoter of record on 40 projects, of which 3 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+18.

BuildingWingsFloorsDeclared completion
Wing A - Yuki1G+1831 Oct 2022
Wing B - Saki1G+1831 Oct 2022

Complaints & Orders

6 complaints are on the MahaRERA record for this project, with orders passed in 6. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000009008812/07/2019Unnathi Associates vs M/s. Sai Pushp Enterprisesorder passed
CC00600000017170829/11/2019Pranav Anil Kelkar vs Bhavesh Rasalorder passed
CC00600000019438612/10/2020Suresh Kishinmal Dodeja vs PURANIK GOUP / SAI PUSHP ENTERPRISES / SHAILESH PURANIKorder passed
CC00600000019809121/12/2021SANDEEP NAIK vs Puranik Builders Private Limitedorder passed
CC00600000021040215/03/2022Sanjeev Gopalkrishna Galgali vs M/s Saipushp Enterprisesorder passed
CC00600000039612326/06/2023Priti Amit Bende vs Sai Pushp Enterprisesorder passed

Legal & Litigation

The promoter has declared 3 court cases on this project to MahaRERA. 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 ThaneGaun khanij/SR/2462018For Order
High Court47252021Dispose Off
Maharashtra Real Estate Regulatory AuthorityCC0060000001980912022For Hearing

Location, Land & Connectivity

Located at Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by Vadavali 20-4 and Tokyo Bay 2 Project, to the south by 40 meter DP road, to the east by Vadavali 20-3 20-14 and to the west by Vadavali 21-15 20-14. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~18 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 park18 km
Andheri MIDC / SEEPZ19 km
Chhatrapati Shivaji Int'l Airport23 km
Bandra Kurla Complex (BKC)25 km
Lower Parel / Worli business district34 km
Nariman Point / Fort41 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

Puranik Tokyo Bay Private Limited is the promoter on 6 MahaRERA-registered projects, of which 1 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 Puranik Tokyo Bay Private Limited project & its RERA track record →

Other flagged projects by Puranik Tokyo Bay Private Limited

Puranik Tokyo Bay Private Limited
FlaggedThane
Puranik Tokyo Bay Private Limited
FlaggedThane
Puranik Tokyo Bay Private Limited
FlaggedThane
Puranik Tokyo Bay Private Limited
Deregistered by MahaRERAThane
Puranik Tokyo Bay Private Limited
FlaggedThane

Other RERA-registered projects in Owale

ACE Aristo
possession by Oct 2026 · Gaurav Land Corporation
Metro Hive D-1
possession by Dec 2026 · Vihang Infrastructure PVT LTD
Puranik Home Town - E
possession by Dec 2026 · Puranik Builders Limited
Vihang Plaza - A Commecial
possession by Dec 2026 · Vihang Enterprises
Vihang Woods
possession by Dec 2026 · Vihang Enterprises
Ace Enclave
possession by Dec 2026 · Ace Signature Homes LLP

Major developers building in Owale

Other RERA-registered projects in Thane

Tokyo Bay Phase - 2A
declared completion May 2025 · Puranik Tokyo Bay Private Limited
Tokyo Bay Phase 2B
possession by Dec 2035 · Puranik Tokyo Bay Private Limited
Tokyo Bay Phase - 2C
possession by Feb 2027 · Puranik Tokyo Bay Private Limited
Tower A To D On CTS No 104pt, 106pt, 224/1a, 224/1b In Village Ghodbunder, Mira Road
declared completion Jul 2019 · RNA Corp Pvt. Ltd
Tower E To I On CTS No 104pt, 106pt, 224/1a, 224/1b In Village Ghodbunder, Mira Road
declared completion Jul 2019 · RNA Corp Pvt. Ltd
Tower Industrial Park
possession by Sep 2027 · Tower Engineering Private Limited

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