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.
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.
Expressway 70 m · Panvel Flyover RampPrimary road 184 mRailway line 343 m · Harbour LineRailway station 921m away (Panvel)4 bus stops within 500m
Water & environment
Water body 370 m · Ballaleshwar Lake
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.
₹78,680per sq yd
₹94,100per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Panvel”.
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.
Government Guidance Rate — done
05
Planning authority
MahaRERA · Approved building plan
Panvel Municipal Corporation
Municipal Corporation
Building Permit
Survey no. Final Plot No - 126/3 & 126/4
The promised possession date (30 Jun 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
Panvel Municipal Corporation
Municipal corporation
Has approved 305 RERA projects — 1.5% of Maharashtra.
an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.
Builders
238
On record
4,602 flats · 0 plots
Reach
2 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.
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.
Court cases, as declared
Declared by the builder
5 cases
Number
Forum
Date
18/2020
Co Operative Apellate Tribunal
2020
444/2019
High Court Mumbai
2019
11043/2018
High Court Mumbai
2018
3365/2017
High Court Mumbai
2017
49/2016
Co Operative Court Raigad
2016
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
2,572 residential projects still under way within 25 km. Step out ring by ring:
Of the 1,899 projects the radar draws within 6 km — every kind, every stage — 507 are residential projects still under way. This list keeps only those, and looks further out.
88 projects within 1 km — showing the nearest 6.
140 m awayOthers
SAI ARCADE
NIKHIL ENTERSISES · Panvel
10 yr 1 mo
Aug 2017registered
Sep 2027target completion
Government Guidance Rate₹78,680/sq ydScale1 flatsAuthorityMahaRERA