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Registered No litigation declared Residential / Group Housing project

MK Emerald

By MATRIX CONSTRUCTIONS

RG-MH-06466 · RERA P51800055884 · Last updated on MahaRERA portal: 15 May 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 5 other registrations and every project registered within 2 km.

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Aug 2027Possession promisedno revision filed
3 of 11Construction stages donefurthest along: Slabs of Super Structure, 72%
24 of 112Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 77 documents Report an error

MK Emerald is a Residential / Group Housing project by MATRIX CONSTRUCTIONS in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800055884 on 29 Apr 2024. Possession is promised by 1 Aug 2027. 88 of the 112 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.

At a glance

Project

  • NameMK Emerald
  • TypeResidential / Group Housing
  • Location
    • Rd Number 1
    • Kannammwar Nagar-1
    • Vikhroli
    • Kurla
    • Mumbai Suburban
    • 400083
  • Pincode400083
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800055884
  • ReraGenie IDRG-MH-06466

Builder

  • NameMATRIX CONSTRUCTIONS
  • Entity typePartnership
  • GSTIN27ABRFM4879K1Z9
  • GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • PartnerPawan Ashok Tharwani
  • Other registrations5 more →
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects4 →

Key dates

this monthRegisteredApr 2024PromisedAug 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on29 Apr 2024
  • Promised completion1 Aug 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed77 files

Current status

79%88 of 112 units booked
52.6%Work done, per cost certificate

Figures as on 15 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MK EmeraldNA24231066112

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 building1

As on 15 May 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.

3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 72%.

MK Emerald: 45% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure72%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises50%
Sanitary Fittings within the flats / premises5%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks20%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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 amenities15

As on 15 May 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 PlantingNoNot applicable
Street LightingNoNot applicable
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed31

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 slots31
Closed/Covered31

Land and ownership1

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area603 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on21 Aug 2025
LandownerVillageDistrict
Kannamwar Nagar Om Ganesh CHSLMumbai CityMumbai City

Approvals and building plan

Sanctioning authorityBuilding Permission Cell, Greater Mumbai / MHADA
Permissible FSI4981.12
Buildings approved1
Buildings sanctioned1

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 branchMilind Industrial CHS, Tagore Nagar, Vikhroli East, Mumbai- 400083
Estimated costRs 32.05 cr
Cost incurredRs 16.87 cr
Work done52.62%
BuildingWingEstimatedIncurred
MK EmeraldNARs 32.05 crRs 16.87 cr

Certifying professionals and partners4

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

RoleName
ArchitectSACHIN RAKSHE
EngineerROHIT RAVINDRA VARMA
Chartered AccountantVAIBHAV KIRIT NAGDA
Chartered AccountantJainam Doshi
PartnerRole in project
MATRIX CONSTRUCTIONS-

Complaints filed with MahaRERA

No complaints on record against this registration.

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 23 Mar 2024
  2. Layout approvalOn the file

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

    uploaded 17 Dec 2024
  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 17 Dec 2024
  4. Commencement CertificateOn the file

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

    uploaded 15 May 2026Confirm 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 1 Aug 2027

Documents filed77

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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
Commencement certificateFile: Full CC upto 23rd Floor.pdf15 May 2026
Withdrawal Update Form 1File: Form 1 Bldg 25 Q4.pdf15 May 2026
Withdrawal Update Form 2File: Form 2 Bldg 25 Q4.pdf15 May 2026
Withdrawal Update Form 3File: Form 3_Bldg 25 Q3.pdf15 May 2026
Withdrawal Update Form 1File: Form 1 Bldg 25 Q3.pdf11 Mar 2026
Withdrawal Update Form 2File: Form 2 Bldg 25 Q3.pdf11 Mar 2026
Withdrawal Update Form 3File: Form 3_Bldg 25 Q3.pdf11 Mar 2026
Form 5 (FY 2024-2025)File: Form 5_MK Emerald.pdf10 Feb 2026
Withdrawal Update Form 1File: Form 1 - M K Emerald.pdf10 Oct 2025
Withdrawal Update Form 2File: Withdrawal Application Form 2Q2.pdf10 Oct 2025
Withdrawal Update Form 3File: Withdrawal Application Form3_Bldg No 25_Q2.pdf10 Oct 2025
Withdrawal Update Form 1File: Withdrawal Application Form1 Bldg 25 Q1.pdf23 Aug 2025
Withdrawal Update Form 2File: Withdrawal Application Form2 Bldg 25 Q1.pdf23 Aug 2025
Withdrawal Update Form 3File: Withdrawal Application Form3 Bldg 25 Q1_compressed.pdf23 Aug 2025
Form 1File: FORM -1 Architect's Certificate 30062024 - M K Emerald.pdf17 May 2025
Form 1File: FORM -1 Architect's Certificate 30062024 - M K Emerald.pdf17 May 2025
Form 2File: FORM -1 Architect's Certificate 31102024 - M K Emerald.pdf17 May 2025
Form 3File: FORM-2 Engineer Certificate 31102024 - M K Emerald.pdf17 May 2025
Form 1File: FORM -1 Architect's Certificate 30062024 - M K Emerald.pdf17 May 2025
Form 3File: FORM -1 Architect's Certificate 31102024 - M K Emerald.pdf17 May 2025
Form 2File: FORM-2 Engineer Certificate 31102024 - M K Emerald.pdf17 May 2025
Form 1File: Architect's Certificate - Form -1 - 31032025.pdf17 May 2025
Form 2File: Form 2_Engineer_31032025.pdf17 May 2025
Form 3File: Form 3_CA_31032025_compressed.pdf17 May 2025
Disclosure of Sold and Booked InventoryFile: Circular 29 Q4 - M K Emerald.pdf17 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Q3 31122024.pdf9 May 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q3 31122024_compressed.pdf9 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q3 31122024.pdf9 May 2025
Layout approvalFile: Approved Plan Ground 1st Floor.pdf17 Dec 2024
Building plan approvalFile: Plan 2.pdf17 Dec 2024
Building plan approvalFile: Plan 3.pdf17 Dec 2024
Building plan approvalFile: Plan 4.pdf17 Dec 2024
Copy of Layout Approval (in case of layout)File: Approved Plan Ground 1st Floor.pdf17 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM -1 Architect's Certificate 30 06 2024 M K Emerald.pdf17 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM -1 Architect's Certificate 31 10 2024 M K Emerald.pdf17 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 CA Certificate as on 30 06 2024.pdf17 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 CA Certificate as on 31 10 2024.pdf17 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 Engineer Certificate 31 10 2024 M K Emerald.pdf17 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 Engineer Certificate 30 06 2024 - M K Emerald.pdf17 Dec 2024
Building Plan Approval / NA Order for plotted developmentFile: Plan 2.pdf17 Dec 2024
Building Plan Approval / NA Order for plotted developmentFile: Plan 3.pdf17 Dec 2024
Building Plan Approval / NA Order for plotted developmentFile: Plan 4.pdf17 Dec 2024
Disclosure of sold/ booked inventoryFile: 2_Disclosure for Secured Unsecured finanace Availed for the project MK.pdf17 Dec 2024
Disclosure of sold/ booked inventoryFile: Circular 29.pdf17 Dec 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 1_Format A - Separate Bank Account MK.pdf17 Dec 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: 7_Format B MK_Bank Letter Head.pdf17 Dec 2024
Disclosure for secured/unsecured finance availed for the projectFile: 2_Disclosure for Secured Unsecured finanace Availed for the project MK.pdf17 Dec 2024
Layout approvalFile: Approved Plan Car Parking_compressed.pdf7 Dec 2024
Layout approvalFile: Approved Plan Ground and 1st Floor_Compressed.pdf7 Dec 2024
Copy of Layout Approval (in case of layout)File: Approved Plan Ground and 1st Floor_Compressed.pdf7 Dec 2024
Copy of Layout Approval (in case of layout)File: Approved Plan Car Parking_compressed.pdf7 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Matrix Construction.pdf17 Apr 2024
Other - FinanceFile: Bldg No 25 - Email by MHADA to RERA for CC.pdf17 Apr 2024
Details of encumbrances concerned to FinanceFile: Encumbrances Finance and Title Report - Final.pdf26 Mar 2024
Details of encumbrances concerned to LegalFile: Encumbrances Finance and Title Report - Final.pdf26 Mar 2024
CERSAI detailsFile: CERSAI_Search_Report_200301736754_For_Asset_Based_Search_26_03_2024_00_41_03_067.pdf25 Mar 2024
Copy of the legal title reportFile: DOC372.pdf23 Mar 2024
Details of encumbrances concerned to FinanceFile: Encumbrances Finance and Title Report.pdf22 Mar 2024
Details of encumbrances concerned to LegalFile: Encumbrances Finance and Title Report.pdf22 Mar 2024
Declaration in FORM BFile: Scanny_1202163233.pdf18 Mar 2024
Other - TechnicalFile: Annexure A_MK Emerald.pdf12 Mar 2024
Deviation Report with respect to model copy of AgreementFile: Pagee 2.pdf5 Mar 2024
Declaration about Commencement CertificateFile: Declaration about Commencement Certificate - (Format D).pdf2 Feb 2024
Deviation Report with respect to Allotment letterFile: Deviation Report with respect to Model copy of Allotment Letter.pdf2 Feb 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Scanned RERA Docs - Building No 25.pdf22 Jan 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about Separate Bank Account for real estate project.pdf22 Jan 2024
Proforma of Agreement for saleFile: Format AFS_BLD No 25_RERA.pdf20 Jan 2024
Layout approvalFile: 25 Layout.pdf15 Dec 2023
Building plan approvalFile: 25 Layout.pdf15 Dec 2023
Copy of Layout Approval (in case of layout)File: 25 Layout.pdf15 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 25 Layout.pdf15 Dec 2023
Commencement Certificates / NA Order for plotted developmentFile: 25 Kannamwar nagar PCC.pdf12 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate for Percentage of Completion of Construct.pdf12 Dec 2023
Other - LegalFile: To Whomsoever Concern - 2.pdf12 Dec 2023
Other - FinanceFile: To Whomsoever Concern.pdf12 Dec 2023
Proforma of Allotment letterFile: Model Form of Allotment Letter with Annexure A.pdf11 Dec 2023
PAN CardFile: 1 PAN Card (1).pdf14 Nov 2023

Promoter's earlier projects3

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.

3 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
MK ImperialPM1180002500987Vikhroli East, Mumbai Suburban-Sep 2025OngoingJun 2029Not due yet
MK OASISP51800080417Vikhroli East, Mumbai Suburban-Jun 2025OngoingDec 2028Not due yet
VRINDAVAN ELITEP51800048196VIKHROLI EAST, Mumbai Suburban108Dec 2022OngoingOct 2026Not due yet

How this compares with Mumbai Suburban

79%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one has not
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 Kannammwar Nagar-16,700+ in Mumbai Suburban

2 kmMK EmeraldCompleted 24Lapsed / revoked 25Other 84Dot size: filed unitsN

Filed coordinates, straight-line distance. 133 registered projects within 2 km.

Builder: MATRIX CONSTRUCTIONS

MATRIX CONSTRUCTIONS has 6 registrations on MahaRERA, including SHANTI NIKETAN and VRINDAVAN ELITE. Its filings disclose 4 earlier MahaRERA projects, none completed yet. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if MK Emerald is delayed beyond 1 Aug 2027?

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 MK Emerald?

The registered promoter entity is MATRIX CONSTRUCTIONS, a partnership as per the filing. Its GSTIN 27ABRFM4879K1Z9 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 MK Emerald?

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 current is the construction progress shown for MK Emerald?

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 MK Emerald?

The professionals named in the filing: Architect: SACHIN RAKSHE; Engineer: ROHIT RAVINDRA VARMA; Chartered Accountant: VAIBHAV KIRIT NAGDA; Chartered Accountant: Jainam Doshi. 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 MK Emerald?

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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