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PARK RESIDENCES

P51800031874 · MahaRERA · https://gethorizon.in/projects/park-residences-borivali-3xivoyk4

Registration lapsed

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.

01

Complete project overview

MahaRERA · Registration filing
Project name
PARK RESIDENCES
Units
158 units
Floors
20
Buildings
2
Parking
166 spaces
Land area
4,477 sq m
Sanctioned built-up
11,130 sq m
Recreational open space
522 sq m

Timeline

RERA registeredNov 2021
Proposed completionJan 2023
TodaySep 2026
02

Builder’s track record

MahaRERA · Builder registration

Gaiagen Technologies Private Limited

CompanyPromoter type
Mumbai Suburban, MAHARASHTRABased in
1Projects
1City
2021–2023Active
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
Borivali
Taluka
Borivali
District
Mumbai Suburban
Pincode
400068
Survey no.
918 A
North boundary
Pereira wadi Road
East boundary
Jaywant Sawant Road
South boundary
Balkrishna Niwas
West boundary
Gomanth Nagar Carvalho CHS
What’s nearby
Schools1 school within 500m · Library 2.0km away
HealthcareHospital 172m away · 6 clinics within 1km
LifestylePark 644m away · Gym or sports centre 1.2km away · 11+ restaurants and cafes within 1km
ShoppingSupermarket 896m away · Bank 738m away
Getting around
Expressway 599 m · Western Express HighwayPrimary road 601 mRailway line 50 mRailway station 281m away (Dahisar)Bus stop within 1km
Water & environment
River 364 m · Dahisar River
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra registration department

In Maharashtra it’s called the ready reckoner rate.

No government guidance rate is shown for this project.

Mumbai's ready reckoner is addressed by city survey (CTS) number inside a named village, and this filing declares neither — its village field holds a ward or a taluka. Naming one of the zones around it would be a guess, and inside a single division the rates run three-fold.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

MahaRERA · Approved building plan

Bombay Municipal Corporation

Municipal Corporation
Building Permit
Survey no. 918 A

The promised possession date (31 Jan 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

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

4,032 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,674 projects the radar draws within 6 km — every kind, every stage — 609 are residential projects still under way. This list keeps only those, and looks further out.

52 projects within 1 km — showing the nearest 6.

DahisarResidential / Group Housing

Hum Laxmi

HUM DEVELOPERS PRIVATE LIMITED

Aug 2026registered
Dec 2030target completion
Government Guidance Rate₹1,18,237/sq ydAuthorityMahaRERA
DahisarOthers

RIJIN CITYSHORE

MITESH BHIKHUBHAI SHAH

May 2025registered
Aug 2027target completion
Government Guidance Rate₹1,18,237/sq ydScale42 flatsAuthorityMahaRERA
DahisarOthers

RAGHUKUL CHSL

RAMNIYATI REALITIES LLP

Jul 2024registered
Dec 2029target completion
Government Guidance Rate₹88,011/sq ydScale233 flatsAuthorityMahaRERA
DahisarResidential / Group Housing

Nirali Lifespace

Chamunda Builders and Developers

Sep 2026registered
Aug 2029target completion
Government Guidance Rate₹1,17,066/sq ydScale106 flatsAuthorityMahaRERA
BorivaliOthers

ORNATE SOLITAIRE

ORNATE DAHISAR DEVELOPERS

Dec 2022registered
Oct 2027target completion
Scale288 flatsAuthorityMahaRERA
DahisarResidential / Group Housing

MPR MAHAVIR DARSHAN

MPR GROUP

Nov 2023registered
Jul 2026target completion
Scale47 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.