MandeOthers
NINE STAR PRESTIGE BUILDING NO. 2
NINE HOME CREATORS
Sep 2021registered
Dec 2026target completion
Government Guidance Rate₹25,669/sq ydScale70 flatsAuthorityMahaRERA
AARYANAM PHASE 4
01
Complete project overview
MahaRERA · Registration filing- Floors
- 1
- Parking
- 9 spaces
- Land area
- 10,430 sq m
- Sanctioned built-up
- 2,097 sq m
Timeline
RERA registeredJan 2024
Proposed completionDec 2029
TodaySep 2026
Construction progressPer-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
Podiums0%
Stilt floor0%
OC-readiness0%
Sewerage (Chamber,…0%
Superstructure35%
Internal finishes35%
Flat fit-out35%
Stairs & lifts35%
External finishes35%
Excavation60%
Basement (if any)60%
Plinth60%
Internal Roads & F…80%
Water Supply80%
Storm Water Drains80%
Landscaping & Tree…80%
Street Lighting100%
02
Builder’s track record
MahaRERA · Builder registrationKARNIK DEVELOPERS
CompanyPromoter type
Mumbai Suburban, MAHARASHTRABased in
2Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
51 plotson the public record across 2 projects
2,097 sq mbuilt-up filed
12,172 sq mplotted area
22,602 sq mland declared
These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.
Planning authoritiesthis builder's portfolio, by approving body
Nagar Rachana Palghar1 of 2 projects
Palghar Municipal CouncilMunicipal Councilthis project1 of 2 projects
Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.
Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location
MahaRERA · Registration filing- Village
- Posheri
- Taluka
- Vada
- District
- Palghar
- Pincode
- 421303
- Survey no.
- Gut No. 211/1 and Gut No 211/3
- North boundary
- GUT NO 214
- East boundary
- GUT NO 212 213
- South boundary
- GUT NO 1
- West boundary
- GUT NO 210
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 117 m · Wada - Manor RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.5 kmRiver 2.8 km · Pinjaal River
distances only — not a flood assessment04
Government Guidance Rate
Maharashtra IGR — Annual Statement of RatesIn Maharashtra it’s called the ready reckoner rate.
₹26,004per sq yd
₹31,100per sq m
- Which rate
- residential building or flat
- Matched to
- The rate published for the village of “Posheri”.
- In force
- 2026-2027 schedule
What this number is — and isn’t
- The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05
Planning authority
MahaRERA · Approved building planBuilding Permit
Survey no. Gut No. 211/1 and Gut No 211/3
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
The approving body, at scale
Palghar Municipal Council
Municipal corporationHas approved 94 RERA projects — 0.5% of Maharashtra.
an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 86
- On record
- 209 flats · 0 plots
- Since
- 2017
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
06
Complaints & litigation
MahaRERA · public recordNone on record with MahaRERA against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to MahaRERA- Litigation
- None declared to MahaRERA
The builder's own declaration at registration — not a court's or MahaRERA's finding. A flagged line is worth checking with MahaRERA.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with MahaRERA, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km24 residential and mixed-use projects still under way within 25 km. Step out ring by ring:
1 project within 3 km — showing the nearest 1.
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.