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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Lifecycle requires verificationMahaRERA P51700054803

Ashok Nagar Balkum · Mumbai

Markandey Square

Ashok Nagar Balkum · by Aarti Enterprises

Updated Oct 2026

Markandey SquareProject photos will appear here when available.
45
Units
2029
Possession
1
Buildings
Certificate Signed
Status

A first look at Markandey Square

Markandey Square is a residential project by Aarti Enterprises in Ashok Nagar Balkum, Mumbai 400608. It is registered with MahaRERA under P51700054803 (registered 2024-02-12). The project has 45 units across 1 building of up to 16 floors. It offers 1 & 2 BHK homes. MahaRERA proposed possession: Apr 2029.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Shop194–242 ft²On request
1 BHK363 ft²On request
2 BHK481–541 ft²On request
Office Space459–638 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Markandey Square

Location

Markandey Square is located in Ashok Nagar Balkum, Mumbai 400608, in the Thane district.

MahaRERA record

The MahaRERA registration number is P51700054803, issued on 12 February 2024. The filing lists 1 wing: MARKANDEY SQUARE with 45 units over 16 floors. Per the registration, the architect on record is MAYUR V BHOIR and the project escrow account is with Axis Bank.

Construction and possession

The latest MahaRERA progress report shows foundation at 60%, structure at 100%, finishing at 8%, services at 0%. Proposed possession is Apr 2029.

Ashok Nagar Balkum market

prices, rents & rates

Property rates in Ashok Nagar Balkum

Residential · Sale
₹15,000–45,000/sqft
Commercial · Sale
₹15,000–45,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Upcoming projects & infrastructure in Thane West

take an informed decision

468 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Markandey Square is the Line 4 Green, 1.8 km away (under construction · due 2027).

468
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,500/sqft▲
typical asking price
rising this quarter
₹14,700/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Thane West by possession year
47
2026
127
2027
133
2028
92
2029
69
2030
Metro & infrastructure near Markandey Square
  • 🚇Line 4 GreenUnder construction · due 20271.8 km
  • 🚇Borivali-Thane TunnelUnder construction · due 20282.0 km
📜 5,365 registered transactions (IGR) on record in Thane West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Thane West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Thane West, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Apr 2029
Project status
New
MahaRERA No.
P51700054803
Data last updated
Oct 2026
Registered
2024-02-12
Escrow Bank
AXIS BANK
Architect
MAYUR V BHOIR
Total FSI
7,221

Buildings · 1 wing

45 units
MARKANDEY SQUARE · 16 fl · 45 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation60%
Structure100%
Finishing8%
Services0%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…25%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%
Stilt Floor0%

Amenities

13
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Ashok Nagar Balkum

4

Flats for Rent in Ashok Nagar Balkum

4

Commercial for Sale in Ashok Nagar Balkum

1

Commercial for Lease in Ashok Nagar Balkum

2

Commercial Projects in Ashok Nagar Balkum

Frequently Asked Questions

Where is Markandey Square located?

Markandey Square is in Ashok Nagar Balkum, Mumbai 400608.

When is possession of Markandey Square?

As per MahaRERA, proposed possession is Apr 2029.

Is Markandey Square RERA-registered?

Yes — MahaRERA registration P51700054803, registered 2024-02-12.

How many units does Markandey Square have?

MahaRERA records 45 units across 1 building, up to 16 floors.

Who is the developer of Markandey Square?

Aarti Enterprises — 1 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

468 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Markandey Square?

Line 4 Green — under construction · due 2027, 1.8 km away; Borivali-Thane Tunnel — under construction · due 2028, 2.0 km away. Timelines are as announced and can change.

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 2026-10-02). 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.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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