MahaRERA Property Intelligence · Raigarh

Adinath Crystal

PM1270002500632 · Panvel · promoter Shree Riddhi Siddhi

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPM1270002500632
Registered on22 Aug 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Shree Riddhi Siddhi is the promoter of record on 90 projects, of which 7 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~45.2% of the estimated project cost incurred as of the last certificate (₹8.40 Cr spent against a ₹18.57 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 60 homes filed with MahaRERA, 10 are sold/booked and 50 remain available (~17% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.42 Cr in agreement value so far. Of that, ₹89.51 Lakh (~37%) is already collected, ₹1.53 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 10 registered agreements, the effective carpet rate is ₹9,852/sqft (typical range ₹5,138–₹13,159) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 51 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+7 and 54 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Adinath Crystal2G+754-

Unit mix on the filing: 93 residential and 18 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Panvel, Plot no 422, Sector-3, Pushpak, Dapoli, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by PLOT NO 423, to the south by 15 MTR WIDE ROAD, to the east by 15 MTR WIDE ROAD and to the west by PLOT NO 452 AND 453. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~144 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort136 km
Lower Parel / Worli business district144 km
Bandra Kurla Complex (BKC)150 km
Chhatrapati Shivaji Int'l Airport153 km
Powai / Hiranandani business park155 km
Andheri MIDC / SEEPZ157 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Shree Riddhi Siddhi Constructions is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

See every Shree Riddhi Siddhi Constructions project & its RERA track record →

Other flagged projects by Shree Riddhi Siddhi Constructions

Shree Riddhi Siddhi Constructions
FlaggedRaigarh

Other RERA-registered projects in Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Adinath Ganga
declared completion Dec 2023 · Shree Riddhi Siddhi Constructions
Adinath Heights
possession by Dec 2028 · Adhinath Builders And Developers
Adinath Naman
declared completion Mar 2024 · Shree Riddhi Siddhi Constructions
Adinath Residency
possession by Mar 2028 · M/S Navkar Developers
Adinath Reva
possession by Jun 2027 · Shree Riddhi Siddhi Constructions
Adinath Sagar
declared completion Dec 2023 · Shree Riddhi Siddhi Constructions

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026