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Registered No litigation declared Others project

IKIGAI - Phase 1

By Puranik Tokyo Bay Private Limited

RG-MH-20350 · RERA P51700006605 · Last updated on MahaRERA portal: 20 Apr 2026

Source: official MahaRERA filing

Red flags

  • 6 complaints at MahaRERA

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 1 earlier projects delivered on promise

1 condition is on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.

See what the report covers Free either way: or have every new Thane registration emailed to you, free during the pilot beta.
Dec 2031Possession promisedno revision filed
8 of 22Construction stages doneacross 2 buildings; furthest along: Staircases, 13%
138 of 623Units unsoldnot recorded sold or booked
6Complaints at MahaRERAon this registration
Jump to the 109 documents Report an error

IKIGAI - Phase 1 is a Others project by Puranik Tokyo Bay Private Limited in Thane, Maharashtra, registered with MahaRERA as P51700006605 on 14 Aug 2017. Possession is promised by 30 Dec 2031. 485 of the 623 units on this registration are recorded sold or booked, and 8 of 22 construction stages are filed complete. 6 complaints are on record with the regulator.

At a glance

Project

  • NameIKIGAI - Phase 1
  • TypeOthers
  • Location
    • Ghodbunder Road
    • Thane (M Corp.)
    • Thane
    • 400615
  • Pincode400615
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700006605
  • ReraGenie IDRG-MH-20350

Builder

  • NamePuranik Tokyo Bay Private Limited
  • Entity typeCompany
  • CINU41001MH2023PTC402600
  • GSTIN27AANCP7511K1ZZ
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • PartnersPuranik Builders Limited, SYNS Builders PvtLtd
  • Other registrations5 more →
  • Completed1 of 6
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

this monthRegisteredAug 2017PromisedDec 2031

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on14 Aug 2017
  • Promised completion30 Dec 2031
  • Revised completionNone
  • Buildings2 building records
  • Documents filed109 files

Current status

78%485 of 623 units booked

Figures as on 20 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Building A1 - HanaNA43403110311
Building A2 - AyamiNA4303120312

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building2

As on 20 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 13%.

Building A1 - Hana38%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure1%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks13%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
Building A2 - Ayami38%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure1%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks13%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%

Progress on shared amenities16

As on 20 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable
Club HouseYes0%

Parking filed14

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots14
Closed/Covered14
BuildingClosed/CoveredTotal
Building A1 - Hana88
Building A2 - Ayami66

Land and ownership1

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area900 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
Unnathi AssociatesThane (M Corp.)Thane

Approvals and building plan

Sanctioning authorityThane Municipal Corporation
Permissible FSI37613.8
Proposed, not sanctioned22,576 sq m
Buildings approved2
Buildings sanctioned2

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branchKapurbawadi Junction, Majiwade, GB Road, Thane

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectVastushilpa Associates
ArchitectAmeeta Shashank Ambekar
Chartered AccountantHDO and Associates
Chartered AccountantVMD and Company
Chartered AccountantVMD & Co
PartnerRole in project
Puranik Tokyo Bay Private Limited-

Litigation declared1

CaseCourtStatus
CC006000000292551/2022Maharashtra Real Estate Regulatory AuthorityFor Hearing

Complaints filed with MahaRERA6

Case no.ComplainantRespondentFiled
CC006000000090021UNNATHI ASSOCIATESSai Pushp Enterprises08/07/2019
CC006000000292551PULKESH G MAJUMDARPURANIKS BUILDER05/09/2022
CC12601752Puranik Tokyo Bay Private LimitedHITENDRA VIJAY CHHEDA27/03/2026
CC12601783Puranik Tokyo Bay Private LimitedMOHAMMAD AMJAD SHAIKH27/03/2026
CC12601980Puranik Tokyo Bay Private LimitedFirdosh Mohammad Saleem Hashmi03/04/2026
CC12602084Puranik Tokyo Bay Private LimitedMR SUJIT JOYDEV BAUG09/04/2026

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 29 Jul 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 12 Oct 2021
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 25 Jul 2017
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 26 Nov 2024Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 30 Dec 2031

Documents filed109

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 109 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Form 1File: Form 1 - Ikigai 1.pdf20 Apr 2026
Form 2File: Form 2.pdf20 Apr 2026
Form 3File: Form 3 31032026.pdf20 Apr 2026
Disclosure of Sold and Booked InventoryFile: Sales data 31032026.pdf20 Apr 2026
Form 1File: 2025-12-31 A1 n A2 Architect Certificate OCT to DEC 2025.pdf21 Jan 2026
Form 2File: Form 2 Engineers Certificate IKIGAI A1 n A2 - 31122025 sign.pdf21 Jan 2026
Form 3File: CA Certificates - IKIGAI-I A1A2 RERA Final sin.pdf21 Jan 2026
Disclosure of Sold and Booked InventoryFile: IKIGAI A1 n A2 0001.pdf21 Jan 2026
Form 1File: 2025-09-30_A1 & A2_Architect Certificate_July to Sept 2025.pdf16 Nov 2025
Form 2File: Form 2 Engineers Certificate IKIGAI A1 & A2 - 30092025.pdf16 Nov 2025
Form 3File: CA Certificates - IKIGAI-I A1&A2 RERA 30092025.pdf16 Nov 2025
Disclosure of Sold and Booked InventoryFile: Sales data.pdf16 Nov 2025
Form 5 (FY 2024-2025)File: Rera Form 5 - IKIGAI Phase 1 - sign.pdf29 Sep 2025
Form 1File: 2025-06-30_A1 & A2_Architect Certificate_April to June 2025 (Ikigai Phase 1).pdf12 Aug 2025
Form 2File: Form 2 Engineers Certificate IKIGAI A1 & A2 - 30072025 (Phase1).pdf12 Aug 2025
Form 3File: CA Certificates - IKIGAI-I A1&A2 RERA 30062025.pdf12 Aug 2025
Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory -Ikigai A 1.pdf12 Aug 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 2 Engineers Certificate IKIGAI A1 A2 - 31032025.pdf5 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI A1 A2 -31122024.pdf5 May 2025
Certificates of CA (Form 3)File: CA Certificates - IKIGAI-I.pdf20 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 2 Engineers Certificate IKIGAI A1 A2 -31122024.pdf22 Jan 2025
Certificates of CA (Form 3)File: CA Certificates - IKIGAI-I A1 A2 RERA 31122024 compressed.pdf22 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI A1 A2.pdf22 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI A1 A2-30062024.pdf22 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI A1 A2-30092024.pdf22 Jan 2025
Details of encumbrances concerned to FinanceFile: Details of Encumbrances - Legal Ikigai.pdf2 Dec 2024
CERSAI detailsFile: CERSAI_ Report 02122024.pdf2 Dec 2024
Details of encumbrances concerned to LegalFile: Details of Encumbrances - Legal Ikigai.pdf2 Dec 2024
Commencement Certificates / NA Order for plotted developmentFile: Certificate dated 11062024.pdf26 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ikigai Phase 1.pdf20 Oct 2024
Certificates of CA (Form 3)File: CA Certificates - IKIGAI-I A1-A2 RERA 300924.pdf20 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: IKIGAI Phase 1 - signed.pdf7 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A- IKigai Phase 1 Year 23-24.pdf24 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 30062024 Architects Certificate FORM-1 Ikigai Phase 1.pdf20 Jul 2024
Certificates of CA (Form 3)File: IKIGAI Phase 1_compressed.pdf20 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ikigai Ph 1_compressed.pdf23 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate_ Ikigai 1.pdf23 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI A1 A2.pdf23 Apr 2024
Certificates of CA (Form 3)File: Ikigai Ph 1_compressed.pdf23 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: TB3 - 6605.pdf20 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI 1 A1 A2.pdf20 Jan 2024
Certificates of CA (Form 3)File: Ikigai Ph 1_compressed.pdf20 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI A1 A2 30092023.pdf14 Dec 2023
Commencement Certificates / NA Order for plotted developmentFile: IKIGAI CC 31102023.pdf27 Nov 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ikigai 01 A1 A2bArchitect Certificate (1).pdf3 Nov 2023
Certificates of CA (Form 3)File: Ikigai Ph 1.pdf3 Nov 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Rera Form 5 IKGAI Phase 1 - sign.pdf30 Sep 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI Phase 1 30062023.pdf21 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI 08052023.pdf9 Aug 2023
Details of encumbrancesFile: IKIGAI Phase 1 - encumbrance.pdf8 Aug 2023
Details of encumbrances concerned to FinanceFile: IKIGAI Phase 1 - encumbrance.pdf8 Aug 2023
Details of encumbrances concerned to LegalFile: IKIGAI Phase 1 - encumbrance.pdf8 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IKIGAI Phase 1.pdf8 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ikigai Phase 1 - Arch Certificate 08052023.pdf8 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ikiga Phase 1 - Arch certificate 30062023.pdf8 Aug 2023
Disclosure of sold/ booked inventoryFile: IKIGAI-A1_compressed (1).pdf8 Aug 2023
Certificates of CA (Form 3)File: Ikigai Phase 1 08052023.pdf8 Aug 2023
Certificates of CA (Form 3)File: Ikigai Phase 1 30062023.pdf8 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A OLD Ikigai 1 2020.pdf24 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A OLD Ikigai 1 2021.pdf24 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A- IKigai Phase 1 2022.pdf24 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A- IKigai Phase 1.pdf24 Jul 2023
Commencement Certificates / NA Order for plotted developmentFile: CC 2023.pdf21 Jul 2023
Commencement Certificates / NA Order for plotted developmentFile: IKIGAI CC 18072023.pdf21 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IKIGAI Phase 1.pdf3 May 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI _310323.pdf3 May 2023
Certificates of CA (Form 3)File: IKIGAI Ph 1_compressed.pdf3 May 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ikigai Phase 1.pdf31 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: IKIGAi Phase 1.pdf31 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI 31122022.pdf31 Jan 2023
Disclosure of sold/ booked inventoryFile: Puraniks ikigai-A1.pdf31 Jan 2023
Certificates of CA (Form 3)File: Ikigai Ph-1.pdf31 Jan 2023
Certificates of CA (Form 3)File: CA Certificates - TB II C Rera.pdf12 Jan 2023
Certificates of CA (Form 3)File: CA Certificates - IKIGAI-I.pdf12 Jan 2023
Certificates of CA (Form 3)File: CA Certificates - IKIGAI-I.pdf12 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IKIGAI.pdf22 Dec 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate IKIGAI.pdf22 Dec 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IKIGAI 30092022.pdf22 Dec 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI 31032022.pdf22 Dec 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate IKIGAI.pdf22 Dec 2022

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 delivered on promise
ProjectLocationRegisteredStatusPromisedDelivered
Tokyo Bay Phase - 1P51700000618Thane (M Corp.), ThaneJul 2017CompletedOct 2023May 2022

How this compares with Thane

78%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is on the register

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Ghodbunder Road7,600+ in Thane

2 kmIKIGAI - Phase 1Completed 59Lapsed / revoked 25Other 44Dot size: filed unitsN

Filed coordinates, straight-line distance. 128 registered projects within 2 km.

Builder: Puranik Tokyo Bay Private Limited

Puranik Tokyo Bay Private Limited has 6 registrations on MahaRERA, including Tokyo Bay Phase - 2A and Tokyo Bay Phase - 1. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if IKIGAI - Phase 1 is delayed beyond 30 Dec 2031?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of IKIGAI - Phase 1?

The registered promoter entity is Puranik Tokyo Bay Private Limited, a company as per the filing. Its CIN U41001MH2023PTC402600 and GSTIN 27AANCP7511K1ZZ can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in IKIGAI - Phase 1?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How do I read the complaint cases filed against IKIGAI - Phase 1?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for IKIGAI - Phase 1?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at IKIGAI - Phase 1?

The professionals named in the filing: Architect: Vastushilpa Associates; Architect: Ameeta Shashank Ambekar; Chartered Accountant: HDO and Associates; Chartered Accountant: VMD and Company; Chartered Accountant: VMD & Co. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in IKIGAI - Phase 1?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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