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Detailed Report

Karnika Galaxy Phase 2

P51700080871 · MahaRERA · https://gethorizon.in/projects/karnika-galaxy-phase-2-thane-m-corp-7w4gb0cp

01

Complete project overview

MahaRERA · Registration filing
Units
380 units
Mix
153 × 2 BHK · 138 × 1 BHK · 63 × Studio · 12 × Shop · 12 × 1 RK · 2 × Office
Carpet area
8–53 sq mper-unit range, as filed
Floors
22
Buildings
3
Parking
210 spaces
Land area
5,245 sq m
Sanctioned built-up
19,452 sq m

Timeline

RERA registeredJul 2025
Proposed completionDec 2028
TodaySep 2026
Construction progress
Excavation0%
Basement (if any)0%
Podiums0%
Plinth0%
Stilt floor0%
Superstructure0%
Internal finishes0%
Flat fit-out0%
Stairs & lifts0%
External finishes0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Landscaping & Tree…0%
Energy managemcnt0%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

380 units across 48 batches
TypeArea sq mCount
Shop291
1 RK214
1 BHK30108
Studio192
Studio361
Studio301
Shop441
Studio282
2 BHK4277
2 BHK4676
Shop281
Shop281
Shop81
Studio471
Studio351
Shop183
1 RK218
Studio161
Studio131
Studio121
Studio302
Shop181
Studio282
Studio212
Studio272
Shop151
Studio232
Studio191
Shop92
Studio262
Studio211
Studio262
Studio161
Studio301
Studio461
Studio171
Studio221
Studio142
Studio131
1 BHK3030
Studio111
Studio161
Studio177
Studio156
Studio167
Studio166
Office311
Office531

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

MahaRERA · Builder registration

PATIL DEVELOPERS

PartnershipPromoter type
Thane, MAHARASHTRABased in
4Projects
2Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
899 homeson the public record across 4 projects
32,958 sq mbuilt-up filed
15,331 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 PATIL DEVELOPERS— the full portfolio →

03

Location

MahaRERA · Registration filing
≈ area only · geocoded, verified but not exact · 19.1784, 73.0638 · © OpenStreetMap contributors
Village
Thane (M Corp.)
Taluka
Thane
District
Thane
Pincode
400612
Survey no.
Survey No. 146/1/A, village- Aagasan
North boundary
Survey No 165
East boundary
Survey No 146 10 2
South boundary
Survey No 147
West boundary
Survey No 164
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.1 km · Mumbra Bypass FlyoverPrimary road 1.9 kmRailway line 654 mRailway station 1.1km away (Dativali)Limited bus connectivity nearby
Water & environment
Water body 167 m
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹60,034per sq yd
₹71,800per sq m
Which rate
residential flat (built)
Matched to
The middle rate across the 101 divisions of “Thane (M Corp.)” — the city's middle, not this project's own division.
In force
2026-2027 schedule
Spread
₹26,923₹1,55,185 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

Other projects nearby

The register · within 25 km

4,974 residential projects still under way within 25 km. Step out ring by ring:

72 projects between 1 and 3 km — showing the nearest 6.

UsargharResidential / Group Housing

Balaji Classica - NOVA

Laukik Lifestyles

Jun 2026registered
Dec 2031target completion
Government Guidance Rate₹46,740/sq ydScale322 flatsAuthorityMahaRERA
UsargharResidential / Group Housing

Kohinoor Highland

KGI REALTY PRIVATE LIMITED

May 2023registered
Dec 2026target completion
Government Guidance Rate₹46,740/sq ydScale266 flatsAuthorityMahaRERA
UsargharResidential / Group Housing

Kohinoor Imperia

KGI REALTY PRIVATE LIMITED

Sep 2026registered
Mar 2030target completion
Government Guidance Rate₹46,740/sq ydScale267 flatsAuthorityMahaRERA
UsargharResidential / Group Housing

MY CITY PHASE II CLUSTER 5 PART III

HORIZON PROJECTS PVT LTD

Nov 2020registered
Jun 2027target completion
2 open complaintsGovernment Guidance Rate₹46,740/sq ydScale635 flatsAuthorityMahaRERA
UsargharResidential / Group Housing

BALAJI CLASSICA - ATHENA AND IRIS

Laukik Lifestyles

Mar 2024registered
Jun 2028target completion
Government Guidance Rate₹46,740/sq ydScale594 flatsAuthorityMahaRERA
ThaneResidential / Group Housing

MARATHON NEXTOWN RUBY

MARATHON ENER-GEN

Jun 2019registered
Dec 2026target completion
Government Guidance Rate₹60,034/sq ydScale277 flatsAuthorityMahaRERA

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.

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: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  5. 05Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  6. 06Other 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/karnika-galaxy-phase-2-thane-m-corp-7w4gb0cp.

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.