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INNOVATIVE CRYSTAL

P52000054880 · MahaRERA · https://gethorizon.in/projects/innovative-crystal-kharghar-panvel-7bn887av

01

Complete project overview

MahaRERA · Registration filing
Units
39 units
Floors
8
Buildings
2
Parking
10 spaces
Land area
549 sq m
Sanctioned built-up
2,016 sq m

Timeline

RERA registeredFeb 2024
Proposed completionDec 2027
TodaySep 2026
Construction progress
Podiums0%
Water Supply0%
Sewerage (Chamber,…0%
Landscaping & Tree…0%
Water conservation…0%
Fire protection an…0%
Electrical meter r…0%
OC-readiness29%
Flat fit-out90%
Excavation100%
Basement (if any)100%
Plinth100%
Stilt floor100%
Superstructure100%
Internal finishes100%
Stairs & lifts100%
External finishes100%
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

PINNACLE CONSTRUCTION

PartnershipPromoter type
Thane, MAHARASHTRABased in
7Projects
3Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
247 homeson the public record across 7 projects
12,426 sq mbuilt-up filed
5,108 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 PINNACLE CONSTRUCTION— the full portfolio →

03

Location

MahaRERA · Registration filing
Village
Kharghar
Taluka
Panvel
District
Raigarh
Pincode
410210
Survey no.
PLOT NO 47 C
North boundary
15M ROAD
East boundary
47B
South boundary
PLOT NO 17
West boundary
15M ROAD
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 155m away · Clinic within 2km · Pharmacy within 1km
LifestylePark 1.8km away · 4 restaurants and cafes within 1km
ShoppingNo supermarket within 2km
Getting around
Expressway 739 mPrimary road 184 m · Vastu Vihar MargRailway line 910 mRailway station 1.1km away (Taloje Panchanand)Limited bus connectivity nearby
Water & environment
Water body 688 mCanal 1.9 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.

₹78,680per sq yd
₹94,100per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Kharghar”.
In force
2026-2027 schedule
Spread
₹35,786₹1,30,185 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

City and Industrial Development Corporation (CIDCO)

Development Authority
Building Permit
Survey no. PLOT NO 47 C
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

City and Industrial Development Corporation (CIDCO)

Metropolitan / development authority

Has approved 885 RERA projectsabout 1 in 23 in Maharashtra.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
724
On record
7,061 flats · 987 plots
Reach
5 districts
Since
2017

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.

See every project approved by MahaRERA

07

Other projects nearby

The register · within 25 km

4,089 residential projects still under way within 25 km. Step out ring by ring:

Of the 752 projects the radar draws within 6 km — every kind, every stage — 294 are residential projects still under way. This list keeps only those, and looks further out.

21 projects within 1 km — showing the nearest 6.

160 m awayMixed

Bhagwati Gami Altair

Bhagwati Estates · Kharghar · Panvel

Aug 2026registered
Jun 2031target completion
Government Guidance Rate₹78,680/sq ydScale327 flatsAuthorityMahaRERA
190 m awayOthers

Tricity Aspire

Tricity Realty LLP · Kharghar · Panvel

May 2024registered
Dec 2029target completion
Government Guidance Rate₹78,680/sq ydScale148 flatsAuthorityMahaRERA
230 m awayResidential / Group Housing

BALAJI SKYLINE

VARSHA BUILDCON · Kharghar · Panvel

Sep 2023registered
Jul 2028target completion
Government Guidance Rate₹78,680/sq ydScale121 flatsAuthorityMahaRERA
230 m awayOthers

Mass Insignia

MASS REALTY · Kharghar · Panvel

Oct 2023registered
Dec 2027target completion
Government Guidance Rate₹78,680/sq ydScale103 flatsAuthorityMahaRERA
230 m awayOthers

NEELKANTH DARSHAN

RAVRIYA DEVELOPERS · Kharghar · Panvel

May 2024registered
Dec 2029target completion
Government Guidance Rate₹78,680/sq ydScale185 flatsAuthorityMahaRERA
230 m awayResidential / Group Housing

Krishna Aura NX

Gami and Krishna Enterprises LLP · Kharghar · Panvel

Jun 2026registered
Apr 2031target completion
Government Guidance Rate₹78,680/sq ydScale212 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.