MahaRERA Property Intelligence · Raigarh

Bhanu Heights

PM1270002500626 · Pushpak Nagar · promoter Bhanu Realty

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPM1270002500626
Registered on21 Aug 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to the declared date

Builder Track Record

Across MahaRERA, Bhanu Realty is the promoter of record on 21 projects, of which 6 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 ~24.0% of the estimated project cost incurred as of the last certificate (₹2.38 Cr spent against a ₹9.92 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 25 homes filed with MahaRERA, 5 are sold/booked and 20 remain available (~20% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.18 Cr in agreement value so far. Of that, ₹4.51 Lakh (~4%) is already collected, ₹1.13 Cr receivable — a read on how far along these sales really are. Note: the project registers 60 homes in total, but this sold/unsold inventory filing covers only 25 of them — the other 35 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 5 registered agreements, the effective carpet rate is ₹5,663/sqft (typical range ₹5,627–₹9,861) — 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 1101563 sqft (52.26 sqm)₹28.90 Lakh
Floor 1102344 sqft (31.95 sqm)₹17.67 Lakh
Floor 1103349 sqft (32.38 sqm)₹17.91 Lakh
Floor 111102565 sqft (52.5 sqm)₹29.03 Lakh
Floor 111103563 sqft (52.26 sqm)₹28.90 Lakh
Floor 3301321 sqft (29.85 sqm)₹16.51 Lakh
Floor 3302565 sqft (52.5 sqm)₹29.03 Lakh
Floor 3303563 sqft (52.26 sqm)₹28.90 Lakh
Floor 7701321 sqft (29.85 sqm)₹16.51 Lakh
Floor 7703563 sqft (52.26 sqm)₹28.90 Lakh
Floor 7705322 sqft (29.96 sqm)₹16.57 Lakh
Floor 8802565 sqft (52.5 sqm)₹29.03 Lakh
Floor 8803563 sqft (52.26 sqm)₹28.90 Lakh
Floor 8804318 sqft (29.53 sqm)₹16.33 Lakh
Floor 8805322 sqft (29.96 sqm)₹16.57 Lakh
Ground/Floor 0SHOP NO-4344 sqft (31.96 sqm)₹24.10 Lakh
Ground/Floor 0SHOP NO-5440 sqft (40.84 sqm)₹30.79 Lakh
Ground/Floor 0SHOP NO-6199 sqft (18.51 sqm)₹13.96 Lakh
Ground/Floor 0SHOP NO-7264 sqft (24.56 sqm)₹18.52 Lakh
Ground/Floor 0SHOP NO-8264 sqft (24.56 sqm)₹18.52 Lakh

⚠ The inventory filing also declares: 35 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+11 and 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Bhanu Heights1G+1160-

Unit mix on the filing: 50 residential and 10 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 Nagar, Plot no 64, Sector 3, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by PLOT NO 63, to the south by 15 MTR WIDE ROAD, to the east by PLOT NO 66 AND 65B and to the west by 15 MTR 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 ~24 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 park24 km
Bandra Kurla Complex (BKC)24 km
Chhatrapati Shivaji Int'l Airport26 km
Lower Parel / Worli business district26 km
Nariman Point / Fort27 km
Andheri MIDC / SEEPZ28 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 Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
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

Bhanudas Residency
declared completion Nov 2025 · Hemadri Constructions
Bharadi Residency
declared completion Dec 2025 · Metr
Bharat Enclave
possession by Jun 2028 · TPV Lands LLP
Bhaveshwar Aatma Sadan
possession by Dec 2027 · Bhaveshwar Construction
Bhaveshwar Aqua - 1
possession by Dec 2029 · Bhaveshwar Infratech
Bhaveshwar Aqua - 2
possession by Dec 2026 · Bhaveshwar Infratech

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