MahaRERA Property Intelligence · Raigarh

AKSHAR ESTONIA

P52000004543 · promoter Vagad Builders And

Certificate SignedDue 30 Dec 2021

Delivery & Registration

MahaRERA registrationP52000004543
Registered on09 Aug 2017
Promoter-declared completion30 Dec 2021
Current statusCertificate Signed
Against todayabout 55 months past 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, Vagad Builders And is the promoter of record on 4 projects, of which none currently 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.

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+17.

BuildingWingsFloorsDeclared completion
A1G+1731 Dec 2019
B1G+1631 Dec 2019
C1G+1631 Dec 2019
D1G+1631 Dec 2019
SHOPS1G+131 Dec 2019

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000019603826/02/2021Ramesh Sevak Panjwani vs M/S Vagad builders and developers pvt ltd.order passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Dec 202130 Dec 2020OC Rejected due to CRZ Procedural Compliance

Location, Land & Connectivity

Located at Thane, Thane, 400702. Per the filed land record, the plot is bounded to the north by Proposed 15 meters wide Road, to the south by Plot No 46 AND 40, to the east by PLOT NO 42 44 AND 45 and to the west by Proposed 15 meters wide Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~19 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 / Fort16 km
Lower Parel / Worli business district19 km
Bandra Kurla Complex (BKC)23 km
Chhatrapati Shivaji Int'l Airport26 km
Powai / Hiranandani business park27 km
Andheri MIDC / SEEPZ30 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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Other RERA-registered projects in Dronagiri

Astrova
possession by Jul 2026 · Kalpana Sterling Infra LLP
Jupiter Bliss
possession by Sep 2026 · Arjun Ashok Tarachandani
Shree Laxmi Coop Housing Society
possession by Sep 2026 · Mohit Mayuresh Gangal
Siddhivinayak Apartments
possession by Nov 2026 · Baldev Diwan Singh
Phoenix
possession by Dec 2026 · Adarsh Enterprises
Aaradhy Heights
possession by Dec 2026 · Lambodar Infra

Other RERA-registered projects in Raigarh

Akshar Estrella
possession by Mar 2029 · Geomatrix Enterprises LLP
Akshar Rivergate Plot B
declared completion Dec 2025 · Emperia Realty
Akshar Rivergate Plot E
declared completion Dec 2025 · Emperia Realty
Akshar Rivergate - Plot F
declared completion Dec 2024 · Emperia Realty
Akshat Elite
declared completion Apr 2019 · Yogesh Construction
Akshat Oasis
possession by Dec 2027 · Yogesh Shivnath Mishra

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