Village Owale, Taluka and District Thane · Thane

IKIGAI Phase 2

MahaRERA P51700051124 · promoter Puranik Tokyo Bay

What registered buyers actually paid

₹11,305 – ₹13,181

per sq ft of carpet, agreement value

Covers 80% of 196 agreements filed with MahaRERA.i

Free example from the dataActual RERA data

Home

1607

Carpet area

292 sq ft

Typical value

₹34.1 lakh

Same stack, floors 1–38₹32.6–39.8 lakh35 registered
See prices for 88 more homesEvery unit and floor, from the filings.Get the Sales Report, ₹2,999 →
On payment30-day refundMahaRERA source
Which home should I ask for?Get the Drawings Report₹4,999 · floor plans, approved drawings and what sits around each home.

Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book

Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.

Read it here →

Delivery and registration

When is the project declared for completion?

IKIGAI Phase 2 is registered with MahaRERA as P51700051124 and the promoter has declared completion for 31 Dec 2030.

31 Dec 2030

declared completion

51months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700051124
Registered on30 May 2023
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today51 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for IKIGAI Phase 2 record 20 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

Promoter record

What else is this promoter on record for?

Puranik Tokyo Bay is the promoter of record on 40 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

40projects

registered with MahaRERA

3flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Sales

How much has actually been sold?

In IKIGAI Phase 2, 196 of 285 homes filed with MahaRERA are recorded as sold or booked (188 with registered agreements and 8 booked), about 69%, and 89 remain available.

69%sold

196 of 285 homes

₹81.89 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹29.59 Cr (about 36%) is recorded as collected and ₹52.23 Cr as receivable. The project registers 305 homes in total, while this sold/unsold inventory filing covers 285 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 196 registered agreements, the effective carpet rate is ₹11,798/sqft, with eight in ten falling between ₹11,305 and ₹13,181 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 10 reserved and 10 not for sale.

What the filings record, home by home

Read from MahaRERA on 11 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 196 homes carry one, and 89 of the 305 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
1607292 sqftRs 34.15 lakh typical, over Rs 32.57 lakh to Rs 39.83 lakh35 filed on this stack, floors 1–38

A filed consideration is what was registered for one {unit}. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the {unit} is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In IKIGAI Phase 2, every one of the 89 unsold homes has agreements filed on its own stack. The Sales Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 88 homes — ₹2,999 →

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+43 and 305 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
B SAKURA1G+43305-

Unit mix on the filing: 305 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Legal & Litigation

The promoter has declared 1 court case 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 home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Tahashildar ThaneSR272022For Order

Location, Land & Connectivity

Located at Village Owale, Taluka and District Thane, Ghodbunder Road, Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by Survey No 45-1, to the south by 40 Meter wide DP Road, to the east by Survey No 113-17 18 20 21 and 22 and to the west by DP Road and Survey No 45-8. These are the boundaries as recorded in the filed land record.

🔒 What I’d do as a buyer here · Drawings Report

The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 Which home to ask for · Drawings Report

The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.

Unlock in the ₹4,999 report →

The approved drawings

5approved drawings on file
42other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 5 approved sheets are the same drawings the builder filed to get IKIGAI Phase 2 approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.

What that turns up — from other projects’ filings:

ATS Knightsbridge · Sector 124, Noida

You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.

Oberoi Elysian · Goregaon East, Mumbai

“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.

Godrej Aristocrat · Sector 49, Gurugram

Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.

Prestige Camden Gardens · Thanisandra, Bengaluru

The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.

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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
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
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
Cascade Avenue Bellagio
possession by Dec 2026 · Aarsh Construction

Major developers building in Owale

Other RERA-registered projects in Thane

Immensa G
declared completion Dec 2025 · Agile Real Estate Pvt. Ltd.
Immensa H
declared completion Dec 2025 · Agile Real Estate Pvt. Ltd.
Imperial Garden
possession by Mar 2031 · S. K. Heights Builders & Developers
Imperial Greens
possession by Mar 2027 · Shree Dhanlaxmi Properties AND Developer
Imperial Heights
possession by Dec 2026 · Krishna Developers
Imperial Heights
possession by Dec 2026 · GP Infra

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: 10 Sep 2026