Marine Drive Hospitality And Realty Private Limited
Project RERA record · Mumbai, Thane & the MMR
Ocean Towers - Phase I
Deregistered by MahaRERA
Deregistered by MahaRERA. Mumbai City · Marine Lines
Deregistered by MahaRERA
This project has been deregistered by MahaRERA. Verify the current status of the registration and whether any alternative arrangements exist for existing buyers.
Ocean Towers - Phase I has been deregistered by MahaRERA. Existing buyers should verify whether any alternative arrangement — a new registration, court order, or IRP resolution plan — is in place, and confirm the current status directly with MahaRERA.
On the regulator's record
- 33 quarterly reporting periods on MahaRERA's compliance schedule — 33 flagged for QPR default, currently in default on QPR filings
- 5 litigation cases on MahaRERA's record for this project
Source: MahaRERA public project record.
Builder track record
Marine Drive Hospitality And Realty Private Limited is the promoter on 2 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
- Ocean Towers - Phase I — Deregistered by MahaRERA
- Ocean Towers - Phase II — Deregistered by MahaRERA
Other flagged projects by Marine Drive Hospitality And Realty Private L
Other RERA-registered projects in Marine Lines
Ocean Towers - Phase II
What to verify (inactive registration)
- Download the MahaRERA order stating the reason for deregistration or suspension — this is public on the portal.
- Check whether the developer has filed a challenge in the Appellate Tribunal and whether the order is stayed.
- Do not make any further payments until the registration status is restored or you obtain legal advice.
- Contact MahaRERA's helpdesk for guidance on alternative arrangements or pending dues.
Request the report on Ocean Towers - Phase I
We analyse Ocean Towers - Phase I in full and send you the RERA Property Intelligence Report — we analyse in 1 working day.
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The regulatory risk spine for Ocean Towers - Phase I, emailed as a clean scorecard — plus an alert if the RERA status changes:
- 🔴 Deregistered by MahaRERA
Money in a Ocean Towers - Phase I project?
The register shows the declared timeline and status — not whether it's a good buy. The report pressure-tests that: Marine Drive Hospitality And Realty Private L's delivery record, this project's complaint history, and the sanctioned-plan detail a sales team won't volunteer.
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you everything in the free Risk Snapshot, plus the buy/wait decision — the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
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Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.
Last checked against the RERA register: 11 Jul 2026