MahaRERA Property Intelligence · Raigarh

HIRAYS OLEANDER

P52000005407 · NAVI MUMBAI · promoter Jagannath Dasharath Hiray

Certificate SignedDue 31 Mar 2026

Delivery & Registration

MahaRERA registrationP52000005407
Registered on11 Aug 2017
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, Jagannath Dasharath Hiray is the promoter of record on 33 projects, of which 5 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 ~95.1% of the estimated project cost incurred as of the last certificate (₹7.64 Cr spent against a ₹8.04 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 44 homes filed with MahaRERA, 13 are sold/booked (12 with registered agreements + 1 booked) and 31 remain available (~30% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹5.61 Cr in agreement value so far. Of that, ₹5.01 Cr (~89%) is already collected, ₹60.44 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 13 registered agreements, the effective carpet rate is ₹11,283/sqft (typical range ₹9,735–₹20,487) — 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 101001391 sqft (36.32 sqm)₹38.18 Lakh
Floor 101003157 sqft (14.55 sqm)₹15.29 Lakh
Floor 111101391 sqft (36.32 sqm)₹39.09 Lakh
Floor 111102157 sqft (14.55 sqm)₹15.66 Lakh
Floor 111103157 sqft (14.55 sqm)₹15.66 Lakh
Floor 121201356 sqft (33.08 sqm)₹35.60 Lakh
Floor 121202458 sqft (42.51 sqm)₹45.75 Lakh
Floor 131301355 sqft (32.95 sqm)₹35.46 Lakh
Floor 131301367 sqft (34.09 sqm)₹36.69 Lakh
Floor 2201398 sqft (36.97 sqm)₹37.01 Lakh
Floor 2202269 sqft (24.99 sqm)₹25.02 Lakh
Floor 2203269 sqft (24.99 sqm)₹25.02 Lakh
Floor 2204398 sqft (36.97 sqm)₹37.01 Lakh
Floor 3301398 sqft (36.97 sqm)₹37.01 Lakh
Floor 3302269 sqft (24.99 sqm)₹25.02 Lakh
Floor 3303269 sqft (24.99 sqm)₹25.02 Lakh
Floor 3304398 sqft (36.97 sqm)₹37.01 Lakh
Floor 4401398 sqft (36.97 sqm)₹37.01 Lakh
Floor 4402269 sqft (24.99 sqm)₹25.02 Lakh
Floor 4403269 sqft (24.99 sqm)₹25.02 Lakh
Floor 4404398 sqft (36.97 sqm)₹37.01 Lakh
Floor 5501398 sqft (36.97 sqm)₹38.86 Lakh
Floor 5503269 sqft (24.99 sqm)₹26.27 Lakh
Floor 6602269 sqft (24.99 sqm)₹26.27 Lakh
Floor 6603269 sqft (24.99 sqm)₹26.27 Lakh
Floor 6604398 sqft (36.97 sqm)₹38.86 Lakh
Floor 8801437 sqft (40.57 sqm)₹42.64 Lakh
Floor 9901437 sqft (40.57 sqm)₹42.64 Lakh
Floor 9902217 sqft (20.18 sqm)₹21.21 Lakh
Floor 9903217 sqft (20.18 sqm)₹21.21 Lakh
Floor 9904446 sqft (41.47 sqm)₹43.59 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+15 and 44 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
HIRAYS OLEANDER1G+1544-

Unit mix on the filing: 44 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1260074409/02/2026sandeep hausaram kharkar vs JAGANNATH DASHARATH HIRAYorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 5 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
31 Dec 202431 Dec 2022We had applied for the plinth completion certificate on 31/08/2018. We have received the plinth completion certificate on 30/09/2020. The reason behind this delay is there was some
31 Dec 202431 Mar 2024Dear Team, We want to apply for an extension due to the delay caused because of shortage of labor after the covid lockdown and the strike of material suppliers. 1. The labor reso
31 Dec 202431 Dec 2024Dear Maharera Authorities, I hope this email finds you well. We are writing to formally request a nine-month extension for our ongoing construction project Hiray’s Oleander havi
30 Jun 202131 Dec 2025Dear Sir/Madam, I, Mr. Jagannath D. Hiray, writing you regarding the extension for the project Hiray’s Oleander having RERA registration no. P52000005407 and extension application
30 Jun 202131 Mar 2026Respected Sir/Madam, I, Mr Jagannath D. Hiray, Promoter of the project “Hiray’s Oleander”, situated at Plot No. 179, Sector 23, Ulwe, Navi Mumbai, respectfully submit the following

Location, Land & Connectivity

Located at NAVI MUMBAI, SECTOR-23, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by PLOT NO 178, to the south by PLOT NO 180, to the east by 9 METER WIDE ROAD and to the west by CHANNEL. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~22 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Bandra Kurla Complex (BKC)22 km
Powai / Hiranandani business park22 km
Chhatrapati Shivaji Int'l Airport23 km
Lower Parel / Worli business district24 km
Nariman Point / Fort25 km
Andheri MIDC / SEEPZ26 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

Jagannath Dasharath Hiray is the promoter on 3 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 Jagannath Dasharath Hiray

Jagannath Dasharath Hiray
FlaggedRaigarh
Jagannath Dasharath Hiray
FlaggedRaigarh

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

Hirays Tulip
declared completion Dec 2017 · Jagannath Dasharath Hiray
Hitansh Heights
declared completion Dec 2023 · Jitendra Ananta Phadke
Hitech Cosmos
possession by Dec 2027 · Future Icon Builders LLP
Hitech Misri Corner
declared completion Dec 2023 · Shree SAI RAJ Enterprises
HMD Apartment
declared completion Mar 2026 · HMD Developers
HMD Castle
declared completion Dec 2021 · Hamdule & MD 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