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Detailed Report

APEKSHA COMPLEX

P99000009883 · MahaRERA · https://gethorizon.in/projects/apeksha-complex-vasai-virar-city-m-qek9pjz6

01

Complete project overview

MahaRERA · Registration filing
Project name
APEKSHA COMPLEX
Units
208 units
Floors
9
Buildings
8
Parking
64 spaces
Land area
5,725 sq m
Sanctioned built-up
5,225 sq m
Recreational open space
717 sq m

Timeline

RERA registeredAug 2017
Proposed completionDec 2022
TodaySep 2026
Construction progress
Basement (if any)0%
Podiums0%
Flat fit-out98%
Internal Roads & F…98%
Water Supply98%
Sewerage (Chamber,…98%
Storm Water Drains98%
Landscaping & Tree…98%
Street Lighting98%
Treatment And Disp…98%
Solid Waste Manage…98%
Water conservation…98%
Fire protection an…98%
Electrical meter r…98%
Open Parking98%
Internal finishes99%
OC-readiness99%
Excavation100%
Plinth100%
Stilt floor100%
Superstructure100%
Stairs & lifts100%
External finishes100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

KOTHARI CONSTRUCTION CO

PartnershipPromoter type
Thane, MAHARASHTRABased in
2Projects
1City
2017–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
227 homeson the public record across 2 projects
7,332 sq mbuilt-up filed
7,594 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.

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.

More from KOTHARI CONSTRUCTION CO— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 49 new projects last year
  • 649 nearby projects
1 km radius · coordinates as filed · 19.3618, 72.8531 · © OpenStreetMap contributors
Village
Vasai-Virar City (M Corp)
Taluka
Vasai
District
Palghar
Pincode
401208
Survey no.
9B
North boundary
20 M D P ROAD
East boundary
S NO 18
South boundary
S NO 9A
West boundary
INDUSTRIAL BUILDING
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.1 km · Mumbai Delhi HighwayPrimary road 812 m · Naigaon - Juchandra RoadRailway line 747 mRailway station 1.4km away (Naigaon)Limited bus connectivity nearby
Water & environment
River 702 m · Sopara CreekWater body 1.7 km
distances only — not a flood assessment
04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

No building detected within ~43 m of the recorded location in any year from 2016 to 2023.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~43 m of the filed location.

Satellite photographs of the same ground

Mar 2017
Feb 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • No building is visible in this circle through 2023. That is what the imagery shows, not a statement about the project’s progress.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
  • Site is a ~43 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • Coordinate sits 3-10 km from other projects with the same pincode.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹30,017per sq yd
₹35,900per sq m
Which rate
residential flat (built)
Matched to
The middle rate across the 91 divisions of “Vasai-Virar City (M Corp)” — the city's middle, not this project's own division.
In force
2026-2027 schedule
Spread
₹17,308₹69,733 per sq yd across the places it was taken over

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 city, and says so above. How Horizon decides what to show.
06

Planning authority

MahaRERA · Approved building plan

Vasai Virar City Municipal Corporation

Municipal Corporation
Building Permit
Survey no. 9B

The promised possession date (30 Dec 2022) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

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

Vasai Virar City Municipal Corporation

Municipal corporation

Has approved 627 RERA projects3.1% of Maharashtra.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
513
On record
8,010 flats · 60 plots
Reach
2 districts
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.

See every project approved by MahaRERA

08

Other projects nearby

The register · within 25 km

2,396 residential projects still under way within 25 km. Step out ring by ring:

Of the 649 projects the radar draws within 6 km — every kind, every stage — 258 are residential projects still under way. This list keeps only those, and looks further out.

13 projects within 1 km — showing the nearest 6.

190 m awayOthers

Navkar City - Phase I - Part 8

NAVKAR HOMES TOWNSHIP LLP · Vasai-Virar City · Vasai

Feb 2022registered
Jun 2026target completion
Government Guidance Rate₹30,017/sq ydScale269 flatsAuthorityMahaRERA
190 m awayOthers

Navkar City Phase I Part 5

NAVKAR ESTATE AND HOMES PVT LTD · Vasai-Virar City · Vasai

Mar 2022registered
Jun 2026target completion
Government Guidance Rate₹30,017/sq ydScale408 flatsAuthorityMahaRERA
190 m awayResidential / Group Housing

NAVKAR CITY PHASE I PART 6

NAVKAR ESTATE AND HOMES PVT LTD · Vasai-Virar City · Vasai

Mar 2023registered
Jun 2027target completion
Government Guidance Rate₹30,017/sq ydScale273 flatsAuthorityMahaRERA
190 m awayOthers

NAVKAR CITY PHASE I PART 9

NAVKAR HOMES TOWNSHIP LLP · Vasai-Virar City · Vasai

Mar 2022registered
Jun 2026target completion
Government Guidance Rate₹30,017/sq ydScale345 flatsAuthorityMahaRERA
240 m awayMixed

The Great Western Mumbai Building No. 11 - Prime

HOABL IMPACTUM LAND PRIVATE LIMITED · JUCHANDRA · Vasai

May 2026registered
Jun 2031target completion
Government Guidance Rate₹33,947/sq ydScale259 flatsAuthorityMahaRERA
360 m awayResidential / Group Housing

The Great Western Mumbai

HOABL Impactum Land Private Limited · Naigaon East · Vasai

Apr 2025registered
Dec 2029target completion
1 open complaintScale2,339 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: as filed with MahaRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  6. 06Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • Complaints before MahaRERA.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/apeksha-complex-vasai-virar-city-m-qek9pjz6.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.