MahaRERA Property Intelligence · Ashok Nagar Balkum · Thane

MARKANDEY SQUARE

P51700054803 · ASHOK NAGAR BALKUM · promoter Aarti Enterprises

The Drawings Report · ₹4,999

Which home should you ask for in MARKANDEY SQUARE?

We read all 3 approved drawings and 18 filed papers on this project’s RERA file — the sheets the builder filed to get it approved.

14 of 16 homes still unsold in the latest filing · 76.5% of the project cost incurred.

  • Which home to ask for — and which to say no to
  • What the drawings put around it
  • What to get in writing before you pay a booking amount

One real find, from a Gurugram colony’s approved papers: 392.997 sq m already used of the 396 allowed — the promised extra room can never be built.

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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.

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Delivery and registration

When is the project declared for completion?

MARKANDEY SQUARE is registered with MahaRERA as P51700054803 and the promoter has declared completion for 31 Dec 2028.

31 Dec 2028

declared completion

27months 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 registrationP51700054803
Registered on12 Feb 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today27 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 MARKANDEY SQUARE record 13 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?

Aarti Enterprises is the promoter of record on 8 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

8projects

registered with MahaRERA

0flagged

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

Construction

How much construction cost has been reported?

In MARKANDEY SQUARE, ₹3.75 Cr of a declared ₹4.91 Cr estimated project cost is reported as incurred, about 76.5%, as at the last certified filing with MahaRERA.

76.5%

₹3.75 Cr

of ₹4.91 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In MARKANDEY SQUARE, 2 of 16 homes filed with MahaRERA are recorded as sold or booked, about 12%, and 14 remain available.

12%sold

2 of 16 homes

₹2.00 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, ₹1.12 Cr (about 56%) is recorded as collected and ₹87.99 Lakh as receivable. The project registers 20 homes in total, while this sold/unsold inventory filing covers 16 of them.

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

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1101638 sqft (59.23 sqm)₹1.15 Cr
Floor 1102638 sqft (59.31 sqm)₹1.16 Cr
Floor 1103583 sqft (54.12 sqm)₹1.06 Cr
Floor 1104548 sqft (50.93 sqm)₹99.31 Lakh
Floor 1105459 sqft (42.6 sqm)₹83.07 Lakh
Floor 2202541 sqft (50.24 sqm)₹74.66 Lakh
Floor 2204363 sqft (33.76 sqm)₹50.17 Lakh
Floor 4402541 sqft (50.24 sqm)₹74.66 Lakh
Ground/Floor 01242 sqft (22.52 sqm)₹56.26 Lakh
Ground/Floor 02194 sqft (18.05 sqm)₹45.25 Lakh
Ground/Floor 03194 sqft (18.05 sqm)₹45.25 Lakh
Ground/Floor 04194 sqft (18.05 sqm)₹45.25 Lakh
Ground/Floor 05194 sqft (18.05 sqm)₹45.25 Lakh
Ground/Floor 06242 sqft (22.44 sqm)₹56.26 Lakh

The inventory filing also declares: 4 not for sale.

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for MARKANDEY SQUARE in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 19 July 2026

What the filings record, home by home

Read from MahaRERA on 19 July 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 2 homes carry one, and 14 of the 20 are recorded unsold.

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.

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+11 and 20 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MARKANDEY SQUARE1G+1120-

Unit mix on the filing: 9 residential and 11 non-residential (shops/offices).

Complaints

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

Location, Land & Connectivity

Located at ASHOK NAGAR BALKUM, BALKUM METRO ROAD NEXT TO HIGHLAND PROJECT, Kalyan, Thane, 400608. Per the filed land record, the plot is bounded to the north by S No 150 H No 14 PRPTY OF VISHNU S PATIL, to the south by 20 MTR ROAD, to the east by S No 150 H No 14 PRPTY OF SITARAM BUDDHYA and to the west by S No 151 H No 14 PRPTY OF RUIA AND SURYAKANT. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park14 km
Andheri MIDC / SEEPZ16 km
Chhatrapati Shivaji Int'l Airport19 km
Bandra Kurla Complex (BKC)21 km
Lower Parel / Worli business district30 km
Nariman Point / Fort37 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.

🔒 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

3approved drawings on file
18other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 3 approved sheets are the same drawings the builder filed to get MARKANDEY SQUARE 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

Aarti Enterprises is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other RERA-registered projects in Balkum

Dosti West County - Dosti Tulip
possession by Oct 2026 · Dosti Enterprises
Highland Springs B4 D Wing
possession by Dec 2026 · Siddhi Real Estate Developers
Mahavir Bliss
possession by Dec 2026 · M/s. Shivshakti Engineers
Shraddha Peninsula
possession by Dec 2026 · Padmagriha Heights
Sumeet Elite
possession by May 2027 · Vedant Construction
Dosti West County - Dosti Nest - Phase 1
possession by Jun 2027 · Dosti Enterprises

Major developers building in Balkum

Other RERA-registered projects in Thane

Maruti Greens
declared completion Jun 2026 · Maruti Buildcon
Maruti Homes
possession by Sep 2028 · Jay Shree Krishna Enterprises
Maruti Meadows
declared completion Dec 2021 · Vasani Enterprises
Maruti Paradise
declared completion Jun 2025 · Haresh Girdharilal Gulrajani
Maruti Royale
declared completion May 2025 · Haresh Girdharilal Gulrajani
Maruti Shubh Anantam
declared completion Dec 2023 · Shubh Builders

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