HORIZON
Share

LAKE PARADISE

P52000033205 · MahaRERA · https://gethorizon.in/projects/lake-paradise-mahad-uj853pus

01

Complete project overview

MahaRERA · Registration filing
Units
13 units
Floors
6
Buildings
2
Parking
1 spaces
Land area
191 sq m
Sanctioned built-up
580 sq m

Timeline

RERA registeredFeb 2022
Proposed completionDec 2023
TodaySep 2026
02

Builder’s track record

MahaRERA · Builder registration

SADIQUE MAHAMOOD JALAL

IndividualPromoter type
Raigarh, MAHARASHTRABased in
1Projects
1City
2022–2023Active
Timelineevery project, start → promised completion

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.

03

Location

MahaRERA · Registration filing
Village
Mahad
Taluka
Mahad
District
Raigarh
Pincode
402301
Survey no.
1191 B
North boundary
D P ROAD
East boundary
C T S NO 1191 A
South boundary
C T S NO 1191 K L M N
West boundary
C T S NO 1205
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 437m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 706 mPrimary road 227 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 90 mRiver 675 m · Savitri River
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.

₹29,348per sq yd
₹35,100per sq m
Which rate
residential flat (built)
Matched to
The middle rate across the 1 divisions of “Mahad” — the city's middle, not this project's own division.
In force
2026-2027 schedule

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 city, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

Mahad Municipal Council

Municipal Council
Building Permit
Survey no. 1191 B

The promised possession date (31 Dec 2023) 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

Mahad Municipal Council

Municipal corporation

Has approved 13 RERA projects0.1% of Maharashtra.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
12
On record
18 flats · 0 plots
Since
2019

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

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

Of the 95 projects the radar draws within 6 km — every kind, every stage — 21 are residential projects still under way. This list keeps only those, and looks further out.

12 projects within 1 km — showing the nearest 6.

160 m awayResidential / Group Housing

NARMADA RESIDENCY

SHREE SAI DEVELOPERS · Mahad

Dec 2022registered
Dec 2027target completion
Government Guidance Rate₹29,348/sq ydScale24 flatsAuthorityMahaRERA
220 m awayResidential / Group Housing

CHANDRABHAGA RESIDENCY

RAJESH NAMDEV PAWALE · Mahad

Oct 2019registered
Dec 2026target completion
Government Guidance Rate₹29,348/sq ydScale11 flatsAuthorityMahaRERA
310 m awayOthers

HERAI COMPLEX - B WING, HAJWANE COMPLEX- C WING

AKHTAR AHMED LAMBADE · Mahad

Apr 2020registered
Dec 2026target completion
Government Guidance Rate₹29,348/sq ydScale28 flatsAuthorityMahaRERA
310 m awayResidential / Group Housing

GAYATRI PARADISE

NILESH SATISH MEHTA PROPRIETOR OF SHREE SWAMI CONSTRUCTION · Mahad

Dec 2022registered
Dec 2027target completion
Government Guidance Rate₹29,348/sq ydScale20 flatsAuthorityMahaRERA
310 m awayOthers

SIYA 24 K PHASE II

NILESH SATISH MEHTA · Mahad

Jul 2023registered
Dec 2027target completion
Government Guidance Rate₹29,348/sq ydScale51 flatsAuthorityMahaRERA
310 m awayMixed

Shinde arcade

A I Darekhan Constructions · Mahad

Oct 2025registered
Dec 2030target completion
Government Guidance Rate₹29,348/sq ydScale48 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.