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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51700034134

Nerul · Mumbai

Mark 1

Opp. D.Y. Patil Stadium, Thane Belapur Road, Navi Mumbai, Nerul · by IJB Realty

Updated Sep 2026

97
Units
2028
Possession
1
Buildings
Certificate Signed
Status

A first look at Mark 1

Mark 1 is a commercial project by IJB Realty on Opp. D.Y. Patil Stadium, Thane Belapur Road, Navi Mumbai, Nerul, Mumbai 400706. It is registered with MahaRERA under P51700034134 (registered 2022-06-29). The project has 97 units across 1 building of up to 28 floors. The quoted rate is about ₹15,000 per sq ft. MahaRERA proposed possession: Apr 2028.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
Office Space500 ft²₹75 Lac—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Mark 1 floor plans

2
Mark 1, Nerul — floor plan 1Mark 1, Nerul — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Mark 1

Location

Mark 1 stands on Opp. D.Y. Patil Stadium, Thane Belapur Road, Navi Mumbai in Nerul, Mumbai 400706, in the Thane district. Across 5 recent resale listings on MPE, homes in Nerul have a median asking rate of ₹41,666 per sq ft, and a 2 BHK typically rents for about ₹75,000 a month.

MahaRERA record

Mark 1 is registered with MahaRERA under P51700034134, dated 29 June 2022. The filing lists 1 wing: PrimeX with 97 units over 28 floors. According to MahaRERA, the architect on record is NIRAL PATEL ARCHITECT & INTERIOR DESIGNER and the project escrow account is with Axis Bank.

Homes and prices

Homes on offer are Office Space of 500 sq ft at ₹75 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹15,000 per sq ft of carpet, 64% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 80%, structure at 55%, finishing at 8%, services at 32%. Proposed possession is Apr 2028.

Developer track record

IJB Realty has 2 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Nebula Empress, Atlantis Tower.

Price vs Locality

₹15,000
/sqft · Nerul rate-band mid-point ₹30,000
50% below mid-point

Nerul — resale, rent & yield

Resale
₹41,666/sqft
median · 5 listings
Rent
₹305.2/sqft/mo
2 BHK ~₹75,000/mo
Gross yield
8.8%/yr
rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Office Space388–1,498 ft²₹58 L–₹2.25 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Apr 2028
Project status
New
MahaRERA No.
P51700034134
Data last updated
Sep 2026
Registered
2022-06-29
Escrow Bank
AXIS BANK
Architect
NIRAL PATEL ARCHITECT & INTERIOR DESIGNER
Total FSI
11,916

Buildings · 1 wing

97 units
PrimeX · 28 fl · 97 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure55%
Finishing8%
Services32%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure55%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …40%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…25%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…25%
External plumbing and external plaster, elevation, completion of terr…0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%

Amenities

11
CCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomPower BackupParkingVisitor Parking
+3 more ▾
Pet FriendlyConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Verify current project inventory

Nerul market context

Property Rates in Nerul

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹10,000–35,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Nerul

3

Flats for Rent in Nerul

1

Commercial for Sale in Nerul

1

Commercial Projects in Nerul

More by IJB Realty

Compare Mark 1 with similarly priced projects nearby

MahaRERA projects nearby in Nerul

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Mark 1 located?

Mark 1 is on Opp. D.Y. Patil Stadium, Thane Belapur Road, Navi Mumbai, Nerul, Mumbai 400706.

What is the price of Mark 1?

Homes are priced ₹75 Lac as on 09 Jul 2026, about ₹15,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Mark 1 offer?

Office Space – 500 sq ft carpet at ₹75 Lac.

When is possession of Mark 1?

As per MahaRERA, proposed possession is Apr 2028.

Is Mark 1 RERA-registered?

Yes — MahaRERA registration P51700034134, registered 2022-06-29.

How many units does Mark 1 have?

MahaRERA records 97 units across 1 building, up to 28 floors.

Who is the developer of Mark 1?

IJB Realty — 2 projects tracked on Mumbai Property Exchange. View their track record ▸

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
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SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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