MahaRERA Property Intelligence · Raigarh

ASCENT FORTUNE PHASE 1

P52000028967 · DAHIVALI TARFE NEED · promoter Ascent Realty

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000028967
Registered on15 Apr 2021
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Ascent Realty is the promoter of record on 8 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.

Construction Progress

MahaRERA's cost filing puts construction at ~35.0% of the estimated project cost incurred as of the last certificate (₹5.12 Cr spent against a ₹14.62 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 173 homes filed with MahaRERA, 54 are sold/booked (36 with registered agreements + 18 booked) and 119 remain available (~31% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹10.01 Cr in agreement value so far. Of that, ₹6.28 Cr (~63%) is already collected, ₹3.74 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 54 registered agreements, the effective carpet rate is ₹5,900/sqft (typical range ₹4,913–₹11,060) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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.

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+10 and 173 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PEARL1G+108131 Dec 2023
EMREALD1G+109231 Dec 2023

Unit mix on the filing: 125 residential and 48 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.

Deadline Extensions

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
31 Dec 202331 Dec 2025Explanatory note regarding the state of development works in the projects and reason for being not completing development works of the projects within the period declared in the de
31 Dec 202331 Dec 2027Shortage of Funds due to low demand: The real estate project, situated in a remote area, has faced significant challenges due to limited customer bookings, resulting in a lower-th

Location, Land & Connectivity

Located at DAHIVALI TARFE NEED, NA , Karjat, Raigarh, 410201. Per the filed land record, the plot is bounded to the north by ADJ GUT NO 108 NORTH, to the south by 12 METERS WIDE ROAD, to the east by 12 METERS WIDE ROAD and to the west by 9 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 ~48 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park48 km
Bandra Kurla Complex (BKC)52 km
Andheri MIDC / SEEPZ52 km
Chhatrapati Shivaji Int'l Airport52 km
Lower Parel / Worli business district57 km
Nariman Point / Fort59 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

Ascent Realty 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).

Other RERA-registered projects in Karjat

Dhanlaxmi Heights
possession by Sep 2026 · Dhanlaxmi Developers
Warai Woods Ph 2
Not filing quarterly progress reports · possession by Nov 2026 · Nahar Riddhi Siddhi Developers
Jambrung Valley
possession by Nov 2026 · Kirtiraj Nanasaheb Sawant
Bliss Studio
possession by Dec 2026 · Balsam Builders
Beverly Hills
possession by Dec 2026 · Rudram Infra Projects Private Limited
Jupiter Heights
Not filing quarterly progress reports · possession by Dec 2026 · Jupiter Heights

Major developers building in Karjat

Other RERA-registered projects in Raigarh

Ascons Garnet
possession by Mar 2027 · Ascons Assets India Private Limited
Ashapura
declared completion Dec 2022 · Shilpa Parag Thakkar
Ashirwad Residency
declared completion Aug 2022 · Prakalpa Builders AND Developers LLP
Ashish Aashiyana
declared completion Jan 2020 · Mallesh Sundaraih Matla
Ashiyana
declared completion Jun 2022 · Aura Buildcon
Ashiyana C.h.s Redevelopment
declared completion Mar 2018 · Punit Enterprises

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