MahaRERA Property Intelligence · Raigarh

BHAGWATI ELYSIA - II

P52000045868 · Pushpaknagar · promoter Bhagwati Lifescapes Llp

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP52000045868
Registered on15 Jun 2022
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Bhagwati Lifescapes Llp is the promoter of record on 16 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 ~77.8% of the estimated project cost incurred as of the last certificate (₹26.45 Cr spent against a ₹34.00 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 214 homes filed with MahaRERA, 142 are sold/booked (124 with registered agreements + 18 booked) and 72 remain available (~66% sold) — selling steadily. Buyers have committed ₹73.58 Cr in agreement value so far. Of that, ₹60.67 Cr (~82%) is already collected, ₹12.91 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 142 registered agreements, the effective carpet rate is ₹10,789/sqft (typical range ₹7,322–₹13,562) — 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+13 and 214 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BHAGWATI ELYSIA - II A WING1G+13100-
BHAGWATI ELYSIA - II B WING1G+13114-

Unit mix on the filing: 198 residential and 16 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 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
31 Mar 202631 Mar 2027the delay was due to prolonged approval from authorities, material shortage,labour shortage and unforseen techical challenges

Location, Land & Connectivity

Located at Pushpaknagar, Plot no 20 Sector 04, Mumbai City, Mumbai City, 410206. Per the filed land record, the plot is bounded to the north by PLOT NO 21, to the south by PLOT NO 18 AND 19, to the east by 20 MTR WIDE ROAD and to the west by PLOT NO 07. 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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Delta Heights
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Micron Residency
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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

Bhagwati Elysia III
possession by Dec 2029 · Bhagwati Signature LLP
Bhagwati Elysia IV
possession by Dec 2029 · Bhagwati Signature LLP
Bhagwati Greens 1
declared completion Dec 2019 · Bhagwati Developers
Bhagwati Greens 2
declared completion Dec 2024 · Bhagwati Developers
Bhagwati Greens 3
declared completion Dec 2024 · Bhagwati Developers
Bhagwati Imperia
declared completion Dec 2018 · Bhagwati Developers

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