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EQUINOX

P52000052525 · MahaRERA · https://gethorizon.in/projects/equinox-pen-m-cl-1gxjxu2c

01

Complete project overview

MahaRERA · Registration filing
Units
84 units
Floors
18
Buildings
2
Parking
165 spaces
Land area
2,868 sq m
Sanctioned built-up
9,763 sq m

Timeline

RERA registeredSep 2023
Proposed completionMay 2030
TodaySep 2026
Construction progress
Basement (if any)0%
Flat fit-out0%
Stairs & lifts0%
External finishes0%
OC-readiness0%
Water Supply0%
Storm Water Drains0%
Community Building…0%
Water conservation…0%
Fire protection an…0%
Electrical meter r…0%
Sewerage (Chamber,…40%
Internal finishes80%
Excavation100%
Podiums100%
Plinth100%
Stilt floor100%
Superstructure100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

M/s Sathe Schemes

CompanyPromoter type
Raigarh, MAHARASHTRABased in
5Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
448 homeson the public record across 5 projects
30,226 sq mbuilt-up filed
12,882 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from M/s Sathe Schemes— the full portfolio →

03

Location

MahaRERA · Registration filing
Village
Pen (M Cl)
Taluka
Pen
District
Raigarh
Pincode
402107
Survey no.
FINAL PLOT 20/1
North boundary
9 MT WIDE DP ROAD
East boundary
18 MT WIDE DP ROAD
South boundary
FINAL PLOT NO 20-2
West boundary
FINAL PLOT NO 20-3
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 474m away · 10 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 480m away
Getting around
Expressway 145 mRailway line 340 mRailway station 563m away (Pen)Limited bus connectivity nearby
Water & environment
Water body 177 mRiver 1.1 km · BhogeshwariCanal 1.4 km
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹33,111per sq yd
₹39,600per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Pen (M Cl)”.
In force
2026-2027 schedule
Spread
₹22,826₹43,311 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

Pen Municipal Council, Pen District Raigad

Municipal Council
Building Permit
Survey no. FINAL PLOT 20/1
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Municipal Corporation

A city municipal corporation that approves projects within its own limits. It has approved 12,653 RERA projects across 34 districts about 1 in 2 in Maharashtra.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

07

Other projects nearby

The register · within 25 km

255 residential projects still under way within 25 km. Step out ring by ring:

Of the 139 projects the radar draws within 6 km — every kind, every stage — 42 are residential projects still under way. This list keeps only those, and looks further out.

18 projects within 1 km — showing the nearest 6.

190 m awayResidential / Group Housing

SKY VILLAS PHASE-IV-C WING

K N DEVELOPERS AND ENGINEERS LLP · Pen

Jun 2023registered
Dec 2026target completion
Government Guidance Rate₹33,111/sq ydScale100 flatsAuthorityMahaRERA
250 m awayResidential / Group Housing

Sathe Sukrut

Ace Realtors · Pen

Jun 2026registered
Dec 2030target completion
Government Guidance Rate₹33,111/sq ydScale28 flatsAuthorityMahaRERA
510 m awayMixed

HAWARE GRANDE

HAWARE GRANDE · Pen

Sep 2025registered
Jul 2030target completion
Government Guidance Rate₹33,111/sq ydScale649 flatsAuthorityMahaRERA
540 m awayResidential / Group Housing

GOVARDHAN GREENFIELDS

Khelaan Manoj Unadkat · Pen

Jan 2023registered
Dec 2026target completion
Government Guidance Rate₹33,111/sq ydScale28 flatsAuthorityMahaRERA
550 m awayOthers

SHREE SADGURU PARK

SAFAL DEVELOPERS · Pen

Nov 2024registered
Aug 2027target completion
Government Guidance Rate₹33,111/sq ydScale168 flatsAuthorityMahaRERA
550 m awayResidential / Group Housing

Hari Darshan

Hari Construction · Pen

Jun 2025registered
Jun 2027target completion
Government Guidance Rate₹33,111/sq ydScale98 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.