Twenty wickets fell on the second day which led to an early finish of the three-day tie.
Manjrekar XI first overcame a nine-run first innings lead, scoring 211 in their second essay and then set a target of 203 for Phadkar XI.
Left-arm spinner Vaibhav Mali (4-45) and off-spinner Ravi Yadav (4-18) did the bulk of the damage, bowling out Phadkar XI for 125 to seal a comprehensive victory for Vijay Manjrekar XI.
In another match, Khandu Rangnekar XI were 219 for nine on Day two against Merchant XI, facing a huge first innings total of 445 in 98.3 overs at P J Hindu Gymkhana.
Brief scores:
Vijay Manjrekar XI 115 & 211 (Kushal Dhavane 65, Sagar Kerkar 48; Shreyas Iyer 5-60) bt Dattu Phadkar XI 124 and 125 (Sarvesh Singh 34, Jayesh Mhatre 31 no; Vaibhav Mali 4-45, Ravi Yadav 4-18) by 77 runs.
Vijay Merchant XI 445 in 98.3 overs (Prasad Pawar 81, Jayesh Patil 177, Akash Lutra 50 no, A Kalam 48; Sarabjit Singh 4-118, Sagar Mishra 3-53) vs Khandu Rangnekar XI 219-9 (Ramanpreet Singh 37, Sagar Mishra 32, Tushar Deshpande 43 batting; A Kalam 4-58, J Patil 2-42, Asad Karnekar 2-21).