MahaRERA Property Intelligence · Raigarh

BALKRISHNA CHHABI

P52000048198 · PUSHPAK · promoter Balkrishna Developers

Certificate SignedDue 30 Jun 2024

Delivery & Registration

MahaRERA registrationP52000048198
Registered on15 Dec 2022
Promoter-declared completion30 Jun 2024
Current statusCertificate Signed
Against todayabout 25 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, Balkrishna Developers is the promoter of record on 42 projects, of which 9 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 ~57.9% of the estimated project cost incurred as of the last certificate (₹1.01 Cr spent against a ₹1.75 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. The declared completion date has already passed while the cost-incurred filing sits at ~57.9% — a wide gap between the promise and the money actually spent on site.

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 20 homes filed with MahaRERA, 10 are sold/booked and 10 remain available (~50% sold) — selling steadily. Buyers have committed ₹2.70 Cr in agreement value so far. Of that, ₹2.61 Cr (~97%) is already collected, ₹9.19 Lakh 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 ₹10,981/sqft (typical range ₹9,831–₹17,880) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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:

FloorUnitCarpetReckoner value
Floor 1101259 sqft (24.05 sqm)₹13.64 Lakh
Floor 1102268 sqft (24.93 sqm)₹14.14 Lakh
Floor 1103269 sqft (25 sqm)₹14.18 Lakh
Floor 1104260 sqft (24.15 sqm)₹13.69 Lakh
Floor 2201259 sqft (24.05 sqm)₹13.64 Lakh
Floor 2202267 sqft (24.85 sqm)₹14.09 Lakh
Floor 2203269 sqft (25 sqm)₹14.18 Lakh
Floor 2204260 sqft (24.15 sqm)₹13.69 Lakh
Ground/Floor 0SHOP NO 2118 sqft (10.99 sqm)₹8.93 Lakh
Ground/Floor 0SHOP NO 3135 sqft (12.51 sqm)₹10.17 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.

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+4 and 20 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BALKRISHNA CHHABI1G+42030 Jun 2024

Unit mix on the filing: 16 residential and 4 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 PUSHPAK, SECTOR 24, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by PLOT NO 364, to the south by PLOT NO 366 C-D-E-F-G, to the east by 9 METER WIDE ROAD and to the west by PLOT NO 367. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Shree Mahadev Residency
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Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Balkrishna Paradise
declared completion Dec 2023 · Balkrishna Enterprises
Balkrishna Residency
declared completion Dec 2023 · Balkrishna Enterprises
Bandal VED Bhumi-Phase 2
declared completion Apr 2025 · Not Available
Bandivadekar Residency
declared completion Dec 2022 · Mangesh Bhalchandra Mhatre
Bankers Tower CO OP HSG SO
declared completion Dec 2017 · Bankers Tower CHS
Bansal Nivasa
declared completion Dec 2023 · Bansal City Vangani LLP

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