MahaRERA Property Intelligence · Thane

TOWER INDUSTRIAL PARK

P51700047580 · WAGLE ESTATE MIDC · promoter Tower Engineering Private

Certificate SignedDue 30 Sep 2027

Delivery & Registration

MahaRERA registrationP51700047580
Registered on14 Nov 2022
Promoter-declared completion30 Sep 2027
Current statusCertificate Signed
Against today14 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, Tower Engineering Private is the promoter of record on 26 projects, of which 1 carries 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 ~81.8% of the estimated project cost incurred as of the last certificate (₹10.63 Cr spent against a ₹13.00 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 56 homes filed with MahaRERA, 33 are sold/booked (24 with registered agreements + 9 booked) and 23 remain available (~59% sold) — selling steadily. Buyers have committed ₹21.42 Cr in agreement value so far. Of that, ₹17.69 Cr (~83%) is already collected, ₹3.72 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 33 registered agreements, the effective carpet rate is ₹15,437/sqft (typical range ₹13,072–₹17,650) — 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 2203366 sqft (34.04 sqm)₹44.00 Lakh
Floor 2204366 sqft (34.04 sqm)₹44.00 Lakh
Floor 2205365 sqft (33.95 sqm)₹43.88 Lakh
Floor 2208512 sqft (47.61 sqm)₹61.54 Lakh
Floor 2209366 sqft (34.04 sqm)₹44.00 Lakh
Floor 3302366 sqft (34.04 sqm)₹44.00 Lakh
Floor 3304366 sqft (34.04 sqm)₹44.00 Lakh
Floor 3305365 sqft (33.95 sqm)₹43.88 Lakh
Floor 3307589 sqft (54.68 sqm)₹70.67 Lakh
Floor 3308512 sqft (47.61 sqm)₹61.54 Lakh
Floor 3309366 sqft (34.04 sqm)₹44.00 Lakh
Floor 3310366 sqft (34.04 sqm)₹44.00 Lakh
Floor 4401613 sqft (56.92 sqm)₹73.57 Lakh
Floor 4402366 sqft (34.04 sqm)₹44.00 Lakh
Floor 4403366 sqft (34.04 sqm)₹44.00 Lakh
Floor 4404366 sqft (34.04 sqm)₹44.00 Lakh
Floor 4405365 sqft (33.95 sqm)₹43.88 Lakh
Floor 4406365 sqft (33.95 sqm)₹43.88 Lakh
Floor 4407589 sqft (54.68 sqm)₹70.67 Lakh
Floor 4408512 sqft (47.61 sqm)₹61.54 Lakh
Floor 4409366 sqft (34.04 sqm)₹44.00 Lakh
Floor 4410366 sqft (34.04 sqm)₹44.00 Lakh
Ground/Floor 01562 sqft (52.24 sqm)₹73.09 Lakh

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+5 and 56 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TOWER INDUSTRIAL PARK1G+556-

Unit mix on the filing: 56 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.

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
Joint Civil Judge Senior Division And Addl C J M ThaneRCS/273/20242024Ongoing
4Th Joint Civil Judge Senior Division And Addl.C.J.M. ThaneR.C.S./273/20242024Ongoing
4Th Joint Civil Judge Senior Division And Addl.C.J.M. ThaneR.C.S./226/20242024Ongoing

Location, Land & Connectivity

Located at WAGLE ESTATE MIDC, ROAD NO 28, Thane, Thane, 400604. Per the filed land record, the plot is bounded to the north by PLOT NO 413 PLOT NO 414 PLOT NO 415, to the south by ESTATE ROAD AND NALLAH, to the east by PLOT NO 437 and to the west by NALLAH. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park10 km
Andheri MIDC / SEEPZ11 km
Chhatrapati Shivaji Int'l Airport15 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district25 km
Nariman Point / Fort33 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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Other RERA-registered projects in Wagle Estate

Urban Villa
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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

Towncrest
possession by Dec 2029 · Shree Sai Enterprises
Trafford
declared completion Mar 2026 · Roma Builders Private Limited
Tranquil Paradise
declared completion Mar 2022 · Mirza Homes Private Limited
Tresora Grand Central
possession by Dec 2026 · Fortune Infracreators Private Limited
Tribeca
possession by Dec 2027 · Serenityspaces
Tricity Montview
possession by Dec 2026 · Tricity Realty 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