MahaRERA Property Intelligence · Raigarh

Kailash Park

P52000055357 · Panvel · promoter Hitech Infra Projects

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000055357
Registered on22 Mar 2024
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Hitech Infra Projects is the promoter of record on 24 projects, of which 2 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 ~62.6% of the estimated project cost incurred as of the last certificate (₹18.77 Cr spent against a ₹30.00 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 61 homes filed with MahaRERA, 42 are sold/booked (24 with registered agreements + 18 booked) and 19 remain available (~69% sold) — selling steadily. Buyers have committed ₹26.45 Cr in agreement value so far. Of that, ₹13.39 Cr (~51%) is already collected, ₹13.06 Cr receivable — a read on how far along these sales really are. Note: the project registers 116 homes in total, but this sold/unsold inventory filing covers only 61 of them — the other 55 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 42 registered agreements, the effective carpet rate is ₹10,966/sqft (typical range ₹8,090–₹14,154) — 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 101005595 sqft (55.24 sqm)₹38.12 Lakh
Floor 111101722 sqft (67.05 sqm)₹46.27 Lakh
Floor 111101569 sqft (52.88 sqm)₹36.49 Lakh
Floor 121201722 sqft (67.05 sqm)₹46.27 Lakh
Floor 121201569 sqft (52.88 sqm)₹36.49 Lakh
Floor 121202865 sqft (80.39 sqm)₹55.47 Lakh
Floor 121202419 sqft (38.95 sqm)₹26.88 Lakh
Floor 131301569 sqft (52.87 sqm)₹36.48 Lakh
Floor 131302865 sqft (80.39 sqm)₹55.47 Lakh
Floor 131305586 sqft (54.41 sqm)₹37.54 Lakh
Floor 141402419 sqft (38.95 sqm)₹26.88 Lakh
Floor 141405407 sqft (37.8 sqm)₹26.08 Lakh
Floor 3301733 sqft (68.14 sqm)₹47.01 Lakh
Floor 4401733 sqft (68.13 sqm)₹47.01 Lakh
Floor 4402865 sqft (80.39 sqm)₹55.47 Lakh
Floor 5502865 sqft (80.39 sqm)₹55.47 Lakh
Floor 6602865 sqft (80.39 sqm)₹55.47 Lakh
Floor 9902865 sqft (80.39 sqm)₹55.47 Lakh
Floor 9902469 sqft (43.54 sqm)₹30.04 Lakh

⚠ The inventory filing also declares: 55 reserved. 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+16 and 116 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Wing1G+1657-
B Wing1G+1659-

Unit mix on the filing: 116 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, Swami Nityanand Road, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by Final Plot 79, to the south by Final Plot 81, to the east by 12 Meter Road and to the west by Final Plot 53. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~25 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 park25 km
Bandra Kurla Complex (BKC)26 km
Chhatrapati Shivaji Int'l Airport28 km
Andheri MIDC / SEEPZ29 km
Lower Parel / Worli business district29 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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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

Kajal Pride
declared completion Dec 2019 · Deepak Bhaichand Shah
Kalakar Patrakar CHS LTD
possession by Dec 2027 · Kalakar Patrakar CHS Limited
Kalash Greens
possession by Mar 2028 · Bhoomi Kalash Group
Kalash Hills
declared completion Dec 2021 · Satpanth Build
Kalash Serenity
possession by Dec 2029 · Satpanth Creation
Kalindi Elite
possession by Dec 2026 · Kalindi Realtors Private Limited

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