MahaRERA Property Intelligence · Raigarh

Chaitanya Parshuram Complex

P52000052751 · Kamothe -Panvel · promoter Uday Mahesh Joshi

Certificate SignedDue 31 May 2026

Delivery & Registration

MahaRERA registrationP52000052751
Registered on22 Sep 2023
Promoter-declared completion31 May 2026
Current statusCertificate Signed
Against todayabout 2 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, Uday Mahesh Joshi is the promoter of record on 156 projects, of which 20 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 ~72.1% of the estimated project cost incurred as of the last certificate (₹2.41 Cr spent against a ₹3.34 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 ~72.1% — 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 12 homes filed with MahaRERA, 12 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹4.24 Cr in agreement value so far. Of that, ₹4.16 Cr (~98%) is already collected, ₹8.60 Lakh receivable — a read on how far along these sales really are. Note: the project registers 24 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 12 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 12 registered agreements, the effective carpet rate is ₹10,771/sqft (typical range ₹8,415–₹12,642) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 12 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+6 and 24 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Chaitanya Parshuram Complex1G+624-

Unit mix on the filing: 24 residential.

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 Kamothe -Panvel, Sector -14, Panvel, Raigarh, 410209. Per the filed land record, the plot is bounded to the north by Plot No -64C, to the south by 5 M Pathway, to the east by Plot No -65B and to the west by Plot No -64. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~26 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 park26 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport28 km
Lower Parel / Worli business district29 km
Andheri MIDC / SEEPZ30 km
Nariman Point / Fort31 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

Uday Mahesh Joshi 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 flagged projects by Uday Mahesh Joshi

Other RERA-registered projects in Kamothe

Plot No -2,sector-39,mansarovar Railway Station
possession by Dec 2026 · City AND Industrial Development Corporat
Raghunath
possession by Dec 2026 · Aayushi Corporation
Aayushi Empire
possession by Sep 2027 · Aayushi Construction
SAI Krupa
possession by Sep 2027 · K T Realty
Bhaveshwar Aatma Sadan
possession by Dec 2027 · Bhaveshwar Construction
ND Pearl
possession by Dec 2027 · Shree Gajanand Infra

Other RERA-registered projects in Raigarh

Chaitanya Plaza
declared completion Dec 2025 · Dipak Annaso Patil
Chaitanya Prabhat
declared completion Dec 2025 · Uday Mahesh Joshi
Chaitanya Pralhad
possession by Jun 2027 · Chaitanya Developer
Chaitanya Pride
possession by Dec 2026 · Dipak Annaso Patil
Chaitanya Residency
possession by Dec 2026 · Dhanaji Sampat Katkar
Chaitanya Sadan
possession by Jun 2027 · Chaitanya Builders And 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