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Detailed Report

Stadia

PR1270002502090 · MahaRERA · https://gethorizon.in/projects/stadia-panshil-khalapur-o3e18gfa

01

Complete project overview

MahaRERA · Registration filing
Units
160 units
Floors
44
Buildings
2
Parking
284 spaces
Land area
65,937 sq m
Sanctioned built-up
23,069 sq m

Timeline

RERA registeredJan 2026
Proposed completionDec 2032
TodaySep 2026
Construction progress
Excavation0%
Basement (if any)0%
Podiums0%
Plinth0%
Stilt floor0%
Superstructure0%
Internal finishes0%
Flat fit-out0%
Stairs & lifts0%
External finishes0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Treatment And Disp…0%
Solid Waste Manage…0%
Water conservation…0%
Energy managemcnt0%
Fire protection an…0%
Electrical meter r…0%
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

Persipina Developers Private Limited

CompanyPromoter type
Mumbai Suburban, MAHARASHTRABased in
39Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
AtlasAuroraAuraArgusClioMellonaHeliosHermesMinervaRetail AZeusVestaARTEMISFloraHeraRetail CVENUSSeleneOrionAcaciaOrchidIrisMAYFLOWERMARIGOLDLAVENDERJasmineAsterZeniaGreenfieldCitadelEbonyArcadiaGrandstandPavilionAtheleticaOlympusStadiaElenaLOTUS

Stadia

this project
Residential / Group Housing
Jan 2026registered
Dec 2032target completion
160 flats23,069 sq m
Builder DNAthe whole portfolio, summed
5,106 homeson the public record across 39 projects
7,37,379 sq mbuilt-up filed
3,69,166 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.

Planning authoritiesthis builder's portfolio, by approving body
Maharashtra State Road Development Corporation Ltd (Msrdc)11 of 20 projects
Maharashtra State Road Development Corporation Limited (Msrdc)6 of 20 projects
Maharashtra State Road Development Corporation Limitedthis project3 of 20 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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 Persipina Developers Private Limited— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 27 new projects last year
  • 147 nearby projects
1 km radius · coordinates as filed · 18.9153, 73.1972 · © OpenStreetMap contributors
Village
Panshil
Taluka
Khalapur
District
Raigarh
Pincode
410222
Survey no.
Plot No. RZ-05,Gut no.41/1Village Talegaon & Gut no. 6/1 Village Panshil, Taluka Khalapur, Dist Raigad.
North boundary
Atheletica Building
East boundary
Internal Driveway
South boundary
Pavilion Building
West boundary
Internal Driveway
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.9km away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 243m away · 3 restaurants and cafes within 1km
ShoppingSupermarket 268m away · Bank 270m away
Getting around
Expressway 606 mPrimary road 1.6 kmRailway line 973 m · Panvel Junction - Karjat JunctionRailway station 3.2km away (Mohope)Limited bus connectivity nearby
Water & environment
Water body 1.3 km
distances only — not a flood assessment
04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

The yearly satellite view ends in 2023 and this project started in 2026, so it does not cover this project's construction: the site was still open ground within ~80 m of the recorded location when the series ends. The 2026 image shows the site more recently.

Satellite view, year by year

loading 2023…

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~80 m of the filed location.

Satellite photographs of the same ground

Feb 2017
Mar 2023
Mar 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~80 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • The yearly site view ends in 2023, before this project started in 2026.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹20,987per sq yd
₹25,100per sq m
Which rate
residential building or flat
Matched to
The rate published for the village of “Panshil”.
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 village, and says so above. How Horizon decides what to show.
06

Planning authority

MahaRERA · Approved building plan

Maharashtra State Road Development Corporation Limited

Building Permit
Survey no. Plot No. RZ-05,Gut no.41/1Village Talegaon & Gut no. 6/1 Village Panshil, Taluka Khalapur, Dist Raigad.
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

Maharashtra State Road Development Corporation Limited

Planning authority

Has approved 32 RERA projects — 0.2% of Maharashtra.

an apartments market — 91% apartments · 9% plotted layouts. Apartments like yours are this body's core business.

Builders
27
On record
84 flats · 842 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.

See every project approved by MahaRERA→

08

Other projects nearby

The register · within 25 km

1,375 residential projects still under way within 25 km. Step out ring by ring:

Of the 147 projects the radar draws within 6 km — every kind, every stage — 77 are residential projects still under way. This list keeps only those, and looks further out.

9 projects within 1 km — showing the nearest 6.

270 m awayResidential / Group Housing

L&T REALTY CRESTORIA ESTATE T1

Larsen & Toubro Ltd. (Realty Division) · Bhokarpada · Panvel

Mar 2026registered
Sep 2030target completion
Government Guidance Rate₹52,425/sq ydScale258 flatsAuthorityMahaRERA
Open the read
270 m awayResidential / Group Housing

L&T REALTY CRESTORIA ESTATE T2

Larsen & Toubro Ltd. (Realty Division) · Bhokarpada · Panvel

Mar 2026registered
Jul 2030target completion
Government Guidance Rate₹52,425/sq ydScale193 flatsAuthorityMahaRERA
Open the read
270 m awayResidential / Group Housing

L&T REALTY CRESTORIA ESTATE T3

Larsen & Toubro Ltd. (Realty Division) · Bhokarpada · Panvel

Mar 2026registered
Jul 2030target completion
⚠ 1 open complaintGovernment Guidance Rate₹52,425/sq ydScale258 flatsAuthorityMahaRERA
Open the read
270 m awayResidential / Group Housing

L&T REALTY CRESTORIA ESTATE T4

Larsen & Toubro Ltd. (Realty Division) · Bhokarpada · Panvel

Mar 2026registered
Feb 2030target completion
Government Guidance Rate₹52,425/sq ydScale131 flatsAuthorityMahaRERA
Open the read
270 m awayResidential / Group Housing

L&T REALTY CRESTORIA ESTATE T5

Larsen & Toubro Ltd. (Realty Division) · Bhokarpada · Panvel

Mar 2026registered
Mar 2030target completion
Government Guidance Rate₹52,425/sq ydScale131 flatsAuthorityMahaRERA
Open the read
270 m awayResidential / Group Housing

LOTUS

Persipina Developers Private Limited · Bhokarpada · Panvel

Aug 2026registered
Jun 2029target completion
Government Guidance Rate₹52,425/sq ydScale557 flatsAuthorityMahaRERA
Open the read

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: as filed with MahaRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  6. 06Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • Court cases, as declared by the builder, in its MahaRERA filing.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/stadia-panshil-khalapur-o3e18gfa.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.