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ZEN

P51700049797 · MahaRERA · https://gethorizon.in/projects/zen-thane-m-corp-e5f1zvy9

01

Complete project overview

MahaRERA · Registration filing
Project name
ZEN
Units
83 units
Floors
22
Buildings
2
Land area
205 sq m
Sanctioned built-up
3,144 sq m

Timeline

RERA registeredFeb 2023
Proposed completionDec 2026
TodaySep 2026
Construction progress
Water Supply0%
Street Lighting0%
OC-readiness3%
Flat fit-out12%
Community Building…30%
Electrical meter r…50%
Solid Waste Manage…60%
External finishes65%
Internal finishes66%
Water conservation…75%
Energy managemcnt80%
Fire protection an…80%
Landscaping & Tree…90%
Podiums95%
Internal Roads & F…95%
Excavation100%
Basement (if any)100%
Plinth100%
Stilt floor100%
Superstructure100%
Stairs & lifts100%
Sewerage (Chamber,…100%
Storm Water Drains100%
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

NEELKANTH REALTORS PVT LTD

CompanyPromoter type
Thane, MAHARASHTRABased in
2Projects
1City
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
138 homeson the public record across 2 projects
8,195 sq mbuilt-up filed
557 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
194/1b Part Under Reservation For Housing The Dishoused1 of 2 projects
Hane Municipal Corporation, ThaneMunicipal Corporationthis 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.

More from NEELKANTH REALTORS PVT LTD— the full portfolio →

03

Location

MahaRERA · Registration filing
Village
Thane (M Corp.)
Taluka
Thane
District
Thane
Pincode
400610
Survey no.
194/1B- Part -Under reservation for housing the dishoused
North boundary
20mtr wide DP Road
East boundary
Land Bearing Survey No 194-5
South boundary
Remaining part of Survey No 194- 1B
West boundary
Land Bearing Survey No 196
What’s nearby
Schools2 schools within 500m · 3 educational institutions within 1km · Library 723m away
HealthcareHospital 174m away · 3 clinics within 1km · Pharmacy within 500m
LifestylePark 589m away · Gym or sports centre 1.4km away · 15+ restaurants and cafes within 1km
ShoppingSupermarket 1.1km away · Mall 1.5km away · Bank 361m away
Getting around
Expressway 1.5 km · Thane Ghodbunder RoadPrimary road 1.5 km · Eastern Express TurnpikeRailway line 1.8 kmMetro station 1.5km away (Kapurbawdi Station)13 bus stops within 500m
Water & environment
Water body 453 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.
05

Planning authority

MahaRERA · Approved building plan

Hane Municipal Corporation, Thane

Municipal Corporation
Building Permit
Survey no. 194/1B- Part -Under reservation for housing the dishoused
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

Municipal Corporation

A city municipal corporation that approves projects within its own limits. It has approved 12,653 RERA projects across 34 districts about 1 in 2 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

4,830 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,552 projects the radar draws within 6 km — every kind, every stage — 497 are residential projects still under way. This list keeps only those, and looks further out.

22 projects within 1 km — showing the nearest 6.

ThaneResidential / Group Housing

Courtyard - Asteria A

COURTYARD REAL ESTATE PRIVATE LIMITED

Nov 2022registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale211 flatsAuthorityMahaRERA
ThaneResidential / Group Housing

Courtyard - Asteria B

COURTYARD REAL ESTATE PRIVATE LIMITED

Nov 2022registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale211 flatsAuthorityMahaRERA
ThaneResidential / Group Housing

Serein Phase II

ARDENT PROPERTIES PRIVATE LIMITED

Aug 2023registered
May 2027target completion
Government Guidance Rate₹60,034/sq ydScale104 flatsAuthorityMahaRERA
ThaneResidential / Group Housing

Mahavir Spring -Daffodils-P3

Vinayak Developers

May 2022registered
Dec 2027target completion
Government Guidance Rate₹60,034/sq ydScale490 flatsAuthorityMahaRERA
ThaneMixed

MAHAVIR TRANQUIL

VINAYAK REALTY

Dec 2025registered
Dec 2029target completion
Government Guidance Rate₹60,034/sq ydScale107 flatsAuthorityMahaRERA
ThaneResidential / Group Housing

OGC Thane Phase 1

Oberoi Realty Limited

Oct 2024registered
Jun 2031target completion
1 open complaintGovernment Guidance Rate₹60,034/sq ydScale934 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.