MahaRERA Property Intelligence · Raigarh

Bliss Studio

P52000000003 · PATHRAJ · promoter Balsam Builders

Certificate SignedDue 19 Dec 2026

Delivery & Registration

MahaRERA registrationP52000000003
Registered on17 May 2017
Promoter-declared completion19 Dec 2026
Current statusCertificate Signed
Against today5 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, Balsam Builders is the promoter of record on 2 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 ~85.4% of the estimated project cost incurred as of the last certificate (₹35.28 Cr spent against a ₹41.32 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 300 homes filed with MahaRERA, 176 are sold/booked and 124 remain available (~59% sold) — selling steadily. Buyers have committed ₹26.26 Cr in agreement value so far. Of that, ₹23.64 Cr (~90%) is already collected, ₹2.61 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 176 registered agreements, the effective carpet rate is ₹4,395/sqft (typical range ₹3,665–₹6,303) — 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+4 and 300 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Bliss Studio1G+4300-

Unit mix on the filing: 300 residential.

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000042913717/02/2024Ajaysingh Yeshwantsingh Shikarwar vs BALSAM BUILDERSorder passed
CC00600000042913817/02/2024Surabhi Ajay Shikarwar and Parnini Ajay Shikarwar vs BALSAM BUILDERSorder passed

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
19 Dec 202620 Dec 2023DUE TO LOW VOLUME OF SALES WHICH AFFECTED FUNDS FLOW SO THE PROJECT WAS NOT ABLE TO GET COMPLETED IN TIME.
19 Dec 202619 Dec 2026WE HAVE COMPLETED WORK FOR OUR TWO WING A AND B AND WE HAVE APPLIED FOR OCCUPANCY CERTIFICATE. AND NOW WE ARE APPLYING EXTENSION FOR WING C, D AND E.

Location, Land & Connectivity

Located at PATHRAJ, PATHRAJ, Karjat, Raigarh, 410201. Per the filed land record, the plot is bounded to the north by Survey No 49, to the south by Survey No 47, to the east by Internal Road and to the west by Internal 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 ~58 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 park58 km
Bandra Kurla Complex (BKC)61 km
Andheri MIDC / SEEPZ62 km
Chhatrapati Shivaji Int'l Airport62 km
Lower Parel / Worli business district66 km
Nariman Point / Fort68 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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Warai Woods Ph 2
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Jambrung Valley
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Beverly Hills
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Jupiter Heights
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Adwait
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Major developers building in Karjat

Other RERA-registered projects in Raigarh

Bliss Villa
declared completion Dec 2021 · Shree Khodiyar Developers
Blossom Homes I
possession by Jun 2027 · Feroze Ahamed Shaikh
Blossoms
declared completion Dec 2025 · Garnet Construction Limited
Blue BAY
possession by Dec 2026 · Sonde Builders & Developers Private
Blue Crest
declared completion Dec 2018 · Elinor Infra LLP
Blue Heaven
possession by Dec 2026 · Varadvinayak 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