MahaRERA Property Intelligence · Raigarh

EDC SUMMIT

P52000047151 · PANVEL · promoter Earth Development Corporation

Certificate SignedDue 31 Mar 2026

Delivery & Registration

MahaRERA registrationP52000047151
Registered on10 Oct 2022
Promoter-declared completion31 Mar 2026
Current statusCertificate Signed
Against todayabout 4 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, Earth Development Corporation is the promoter of record on 52 projects, of which 7 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.

Sales & Inventory

Of 18 homes filed with MahaRERA, 16 are sold/booked (14 with registered agreements + 2 booked) and 2 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹5.00 Cr in agreement value so far. Of that, ₹4.65 Cr (~93%) is already collected, ₹34.72 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 16 registered agreements, the effective carpet rate is ₹10,222/sqft (typical range ₹5,880–₹11,112) — 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 5506339 sqft (31.49 sqm)₹13.19 Lakh
Floor 7704342 sqft (31.77 sqm)₹13.31 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+6 and 18 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
EDC SUMMIT1G+618-

Unit mix on the filing: 18 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 PANVEL, PANVEL, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by 12 MT WIDE ROAD, to the south by C T S NO 1589 AND 1590, to the east by C T S NO 1588 A 2 AND 1588 B and to the west by 9 MTR WIDE ROAD. 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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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

Eden Apartment
declared completion Jan 2025 · Tushar Ramchandra Patil
Eden Garden
declared completion Dec 2020 · M C Babu
Eden Garden
declared completion Dec 2019 · Laxmikantan R Venkatraman
Eden Garden II
declared completion Dec 2019 · M C Babu
Eden Garden Phase -II
declared completion Mar 2022 · Laxmikantan R Venkatraman
Eden Paradise
possession by Jul 2027 · M C Babu

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