Mahesh Suhas Padalkar
MahaRERA Property Intelligence · Raigarh
P52000018126 · BHUWANESHWAR · promoter Mahesh Suhas Padalkar
| MahaRERA registration | P52000018126 |
| Registered on | 10 Oct 2018 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
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.
Across MahaRERA, Mahesh Suhas Padalkar is the promoter of record on 2 projects, of which 1 carries 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.
Of 11 homes filed with MahaRERA, 0 are sold/booked and 11 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 726 sqft (67.49 sqm) | ₹28.32 Lakh |
| Floor 1 | 102 | 710 sqft (65.99 sqm) | ₹27.66 Lakh |
| Floor 1 | 103 | 575 sqft (53.38 sqm) | ₹20.34 Lakh |
| Floor 1 | 104 | 575 sqft (53.38 sqm) | ₹20.34 Lakh |
| Floor 1 | 105 | 720 sqft (66.9 sqm) | ₹28.05 Lakh |
| Floor 1 | 106 | 736 sqft (68.4 sqm) | ₹28.74 Lakh |
| Floor 1 | 201 | 726 sqft (67.49 sqm) | ₹28.32 Lakh |
| Ground/Floor 0 | 1 | 577 sqft (53.56 sqm) | ₹24.18 Lakh |
| Ground/Floor 0 | 2 | 595 sqft (55.26 sqm) | ₹24.96 Lakh |
| Ground/Floor 0 | 3 | 588 sqft (54.62 sqm) | ₹24.69 Lakh |
| Ground/Floor 0 | 4 | 570 sqft (52.91 sqm) | ₹23.91 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
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+5 and 11 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| CORAL | 1 | G+5 | 11 | 31 Dec 2018 |
Unit mix on the filing: 11 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 Jun 2021 | 31 Jul 2024 | due to pandemic situation due to covid 19 and non sale of any unit / flat of the said project we hereby request you to kindly grant us extenuation period up to July 2024 to come up |
| 30 Jun 2021 | 31 Dec 2026 | As the project is situated in Rural Area , Under construction flats hardly getting response from customers. So we are waiting to complete the rest 25% approx work remaining and bri |
Located at BHUWANESHWAR, SHIV MANDIR ROAD, Thane, Thane, 402109. Per the filed land record, the plot is bounded to the north by SURVEY NO 54, to the south by SURVEY NO 53, to the east by SURVEY NO 54 and to the west by SURVEY NO 52. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~71 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Nariman Point / Fort | 64 km |
| Lower Parel / Worli business district | 71 km |
| Bandra Kurla Complex (BKC) | 76 km |
| Chhatrapati Shivaji Int'l Airport | 78 km |
| Powai / Hiranandani business park | 80 km |
| Andheri MIDC / SEEPZ | 83 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.
🔒 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.
🔒 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.
Should you buy in ANKIT FIONA PHASE 2?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Mahesh Suhas Padalkar is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
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