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MARUTHAM NEPTUNE PHASE - II

TN/29/Building/0339/2024 · TNRERA · https://gethorizon.in/projects/marutham-neptune-phase-ii-3ilbx0zc

01

Complete project overview

TNRERA · Registration filing
Description
Registration of Stilt Floor + 5 Floors (Height 18.30 m) Residential Building with 49 dwelling units at Subdivision Plot No.B, Door No. 51, 9.0m wide Road/Parameshwar Street, Nerkundram, Chennai – 600 107, comprised in S.No. 268/1 Part of Nerkundram village within the limits of Greater Chennai Corporation, Chennai District.
Registration no.
TN/29/Building/0339/2024

Timeline

RERA registeredApr 2024
Proposed completionJun 2026
TodaySep 2026
02

Builder’s track record

TNRERA · Builder registration

MARUTHAM APPARTMENT

MARUTHAM APPARTMENTPromoter
4Projects
1Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
31 homeson the public record across 4 projects
6,769 sq mbuilt-up filed
1,245 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
Town & Country Planning (DTCP)Town & Country Planning (DTCP)2 of 4 projects
CMDA (Chennai Metropolitan Development Authority)CMDA (Chennai Metropolitan Development Authority)this project1 of 4 projects
Thiruvananthapuram Municipal CorporationMunicipal Corporation1 of 4 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.

More from MARUTHAM APPARTMENT— the full portfolio →

03

Location

TNRERA · Registration filing
What’s nearby
SchoolsNearest school 1.1km away
HealthcareHospital 1.1km away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 1.3km away
ShoppingSupermarket 1.4km away
Getting around
Expressway 2.1 kmPrimary road 951 m · EVR Periyar SalaiRailway line 4.6 kmMetro station 2.0km away (Koyambedu)Limited bus connectivity nearby
Water & environment
Canal 398 m · Virugambakkam Canal
distances only — not a flood assessment
04

Government Guidance Rate

Tamil Nadu registration department

In Tamil Nadu it’s called the guideline value.

No government guidance rate is shown for this project.

Tamil Nadu publishes street-level guideline values; its full schedule isn't in Horizon's record yet.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

TNRERA · Approved building plan

CMDA (Chennai Metropolitan Development Authority)

CMDA (Chennai Metropolitan Development Authority)
approved 25 Apr 2024 · 2 yrs ago
Planning Permission no. OL-PP/NHRB/0496/2023

The promised possession date (30 Jun 2026) 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.

Verify it yourself — look up plan OL-PP/NHRB/0496/2023 on the approving authority’s portal to confirm the approval.

The approving body, at scale

CMDA (Chennai Metropolitan Development Authority)

Metropolitan development authority

Has approved 1,914 RERA projectsabout 1 in 2 in Tamil Nadu, more than any other body in the state.

Builders
1,310
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 TNRERA

07

Other projects nearby

The register · within 25 km

460 residential and mixed-use projects still under way within 25 km. Step out ring by ring:

Of the 154 projects the radar draws within 6 km — every kind, every stage — 114 are residential and mixed-use projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

1000 m away

VINOTH VENYA

VINOTH BUILDERS

Aug 2024registered
Mar 2029target completion
AuthorityTNRERA

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.
  • Construction progress — TNRERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — TNRERA does not publish a complaints register. This read cannot speak to them either way.
  • Escrow — TNRERA does not publish escrow declarations. Whether buyer money is ring-fenced cannot be read here.