This project’s MahaRERA registration has lapsed— it expired and was not renewed. A lapsed project may be stalled, finished-but-not-updated, or abandoned; the record stops here and RERA’s ongoing protections may no longer apply. Confirm the current status directly with MahaRERA before you rely on anything below.
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location
MahaRERA · Registration filing
Village
Pen (M Cl)
Taluka
Pen
District
Raigarh
Pincode
402107
Survey no.
1923/A/2,1924/1,1924/2
North boundary
CTS No 1916
East boundary
Muncipal Road And CTS No 2081
South boundary
Survey No 1929
West boundary
CTS No 1925 And CTS No 1926
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 133m away · 11 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 308m away
Getting around
Expressway 651 mRailway line 813 mRailway station 831m away (Pen)Limited bus connectivity nearby
Water & environment
Water body 400 mCanal 879 mRiver 1.1 km · Bhogeshwari
distances only — not a flood assessment
Location — done
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.
Government Guidance Rate — done
05
Planning authority
MahaRERA · Approved building plan
Pen Municipal Council
Municipal Council
Building Permit
Survey no. 1923/A/2,1924/1,1924/2
The promised possession date (31 Mar 2026) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
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
Pen Municipal Council
Municipal corporation
Has approved 28 RERA projects — 0.1% of Maharashtra.
an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.
Builders
26
On record
325 flats · 0 plots
Since
2018
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
None on record with MahaRERA against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to MahaRERA
Litigation
None declared to MahaRERA
The builder's own declaration at registration — not a court's or MahaRERA's finding. A flagged line is worth checking with MahaRERA.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with MahaRERA, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
237 residential projects still under way within 25 km. Step out ring by ring:
27 projects within 1 km — showing the nearest 6.
PenOthers
ANTILIA - 1
BHARATKUMAR HIRALAL SHAH
3 yr
Mar 2026registered
Mar 2029target completion
Government Guidance Rate₹33,111/sq ydScale18 flatsAuthorityMahaRERA