Kalpataru Plus Sharyans
MahaRERA Property Intelligence · Raigarh
P52000031831 · Panvel · promoter Kalpataru Plus Sharyans
| MahaRERA registration | P52000031831 |
| Registered on | 12 Nov 2021 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 months past the declared date |
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.
Across MahaRERA, Kalpataru Plus Sharyans is the promoter of record on 50 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.
MahaRERA's cost filing puts construction at ~65.9% of the estimated project cost incurred as of the last certificate (₹68.73 Cr spent against a ₹104.33 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 ~65.9% — 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.
Of 184 homes filed with MahaRERA, 172 are sold/booked (160 with registered agreements + 12 booked) and 12 remain available (~93% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹148.07 Cr in agreement value so far. Of that, ₹123.78 Cr (~84%) is already collected, ₹24.28 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 172 registered agreements, the effective carpet rate is ₹13,356/sqft (typical range ₹12,441–₹14,155) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 11 | 668 sqft (62.09 sqm) | ₹71.40 Lakh |
| Floor 1 | 17 | 668 sqft (62.09 sqm) | ₹71.40 Lakh |
| Floor 13 | 132 | 464 sqft (43.15 sqm) | ₹49.62 Lakh |
| Floor 13 | 136 | 464 sqft (43.15 sqm) | ₹49.62 Lakh |
| Floor 14 | 141 | 661 sqft (61.43 sqm) | ₹70.64 Lakh |
| Floor 14 | 142 | 616 sqft (57.26 sqm) | ₹65.85 Lakh |
| Floor 14 | 143 | 612 sqft (56.83 sqm) | ₹65.35 Lakh |
| Floor 14 | 144 | 668 sqft (62.09 sqm) | ₹71.40 Lakh |
| Floor 14 | 146 | 616 sqft (57.26 sqm) | ₹65.85 Lakh |
| Floor 14 | 146 | 672 sqft (62.45 sqm) | ₹71.82 Lakh |
| Floor 14 | 147 | 668 sqft (62.09 sqm) | ₹71.40 Lakh |
| Floor 2 | 21 | 668 sqft (62.09 sqm) | ₹71.40 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.
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+25 and 184 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Wing A - Indigo | 1 | G+25 | 78 | - |
| Wing B - Bleu | 1 | G+25 | 106 | - |
Unit mix on the filing: 184 residential.
3 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12400397 | 11/10/2024 | DIPALI DILIP KUCHEKAR vs Kalpataru Plus Sharyans | pending / no order on file |
| CC12603050 | 23/05/2026 | Sachin Gangadhar Suvarna vs Kalpataru Plus Sharyans | pending / no order on file |
| CC12604025 | 29/06/2026 | JAYSHIL MOOLYA vs Kalpataru Plus Sharyans | pending / no order on file |
The promoter has declared 3 court cases on this project to MahaRERA. 3 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Civil Judge Jd Panvel | 207 | 2007 | Pending |
| Jmfc Panvel | 238 | 2008 | Pending However Promoter Is Not A Party |
| Bombay High Court | 743 | 2011 | Pending However Promoter Is Not A Party |
Located at Panvel, Panvel, Andheri, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by Partly by F P No 495 PT of TPS Panvel, to the south by Partly by F P No 495 PT of TPS Panvel, to the east by Partly by F P No 495 PT of TPS Panvel and to the west by Partly by F P No 495 PT of TPS Panvel. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~27 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 27 km |
| Bandra Kurla Complex (BKC) | 27 km |
| Chhatrapati Shivaji Int'l Airport | 29 km |
| Lower Parel / Worli business district | 30 km |
| Andheri MIDC / SEEPZ | 31 km |
| Nariman Point / Fort | 31 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.
🔒 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.
🔒 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.
Should you buy in Kalpataru Park Riviera - Wing A and B?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
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Kalpataru Plus Sharyans is the promoter on 4 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).
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