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Detailed Report

NEELKAMAL RESIDENCY AND BUSINESS PARK

P51700022681 · MahaRERA · https://gethorizon.in/projects/neelkamal-residency-and-business-park-usatane-ambarnath-jfymzsi6

01

Complete project overview

MahaRERA · Registration filing
Units
92 units
Floors
5
Buildings
4
Parking
104 spaces
Land area
4,000 sq m
Sanctioned built-up
4,335 sq m

Timeline

RERA registeredOct 2019
Proposed completionDec 2025
TodaySep 2026
02

Builder’s track record

MahaRERA · Builder registration

NEELKAMAL BUILDCO

PartnershipPromoter type
Raigarh, MAHARASHTRABased in
1Projects
1City
2019–2025Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder so far. 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
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 23 new projects last year
  • 322 nearby projects
≈ locality centre · geocoded, verified · 19.1202, 73.1252 · © OpenStreetMap contributors
Village
Usatane
Taluka
Ambarnath
District
Thane
Pincode
421204
Survey no.
SURVEY NO. 32 H. NO. 1b AND H. No. 2
North boundary
SURVEY NO 32 H NO 1B
East boundary
SURVEY NO 32 H NO 1B AND ROAD
South boundary
SURVEY NO 32 H NO 2
West boundary
SURVEY NO 32 H NO 2
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Railway line 4.4 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 128 mWater body 2.8 km
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.

₹33,947per sq yd
₹40,600per sq m
Which rate
residential building or flat
Matched to
The rate published for the village of “Usatane”.
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 plan

Ambarnath

Building Permit
Survey no. SURVEY NO. 32 H. NO. 1b AND H. No. 2

The promised possession date (30 Dec 2025) 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

The planning authority

The body that approved this project. It has approved 4,607 RERA projects across 33 districts about 1 in 4 in Maharashtra.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

07

Other projects nearby

The register · within 25 km

3,756 residential projects still under way within 25 km. Step out ring by ring:

Of the 322 projects the radar draws within 6 km — every kind, every stage — 128 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

UsataneResidential / Group Housing

KRUSHNA VIHAR - PHASE I

KRUSHAN DHAM BUILDERS & DEVELOPERS

Oct 2021registered
Dec 2026target completion
Government Guidance Rate₹33,947/sq ydScale426 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 locality centre, 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.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  5. 05Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  7. 07Other 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/neelkamal-residency-and-business-park-usatane-ambarnath-jfymzsi6.

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.