MahaRERA Property Intelligence · Raigarh

Kalpataru Park Riviera - Wing C and D

P52000027454 · Panvel · promoter Kalpataru Plus Sharyans

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52000027454
Registered on10 Dec 2020
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, 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.

Construction Progress

MahaRERA's cost filing puts construction at ~80.0% of the estimated project cost incurred as of the last certificate (₹73.19 Cr spent against a ₹91.49 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 ~80.0% — 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 156 homes filed with MahaRERA, 149 are sold/booked (145 with registered agreements + 4 booked) and 7 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹126.03 Cr in agreement value so far. Of that, ₹120.52 Cr (~96%) is already collected, ₹5.51 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 149 registered agreements, the effective carpet rate is ₹12,367/sqft (typical range ₹11,805–₹13,567) — 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 113668 sqft (62.097 sqm)₹71.42 Lakh
Floor 13132464 sqft (43.15 sqm)₹49.62 Lakh
Floor 13132464 sqft (43.15 sqm)₹49.62 Lakh
Floor 14141655 sqft (60.852 sqm)₹69.98 Lakh
Floor 14143668 sqft (62.067 sqm)₹71.38 Lakh
Floor 882464 sqft (43.15 sqm)₹49.62 Lakh
Floor 882464 sqft (43.15 sqm)₹49.62 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+26 and 156 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing C - Aqua1G+2678-
Wing D - Azure1G+2678-

Unit mix on the filing: 156 residential.

Complaints & Orders

4 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000035431019/02/2023Sanjay Rajaram Sonawane vs Kalpataru and Shreyansorder passed
CC1250197817/06/2025PRATHAMESH PRAKASH CHACHAR vs Kalpataru Plus Sharyansorder passed
CC1250217901/07/2025Sandip Shamrao Jadhav vs Kalpataru Plus Sharyansorder passed
CC1260373117/06/2026Dadabhau Baburao Gadge vs Kalpataru Plus Sharyanspending / no order on file

Legal & Litigation

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.

CourtCase no.YearStatus
Civil Judge Jd Panvel2072007Pending
Jmfc Panvel2382008Pending However Promoter Is Not A Party
Bombay High Court7432011Pending However Promoter Is Not A Party

Location, Land & Connectivity

Located at Panvel , Panvel, Andheri, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by Partly by FP 495 PT of TPS Panvel, to the south by Partly by FP No 459PT of TPS Panvel, to the east by Partly by FP No 459PT 495PT of TPS Panvel and to the west by Partly by FP No 459PT 495PT of TPS Panvel. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

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.

LandmarkStraight-line
Powai / Hiranandani business park27 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport29 km
Lower Parel / Worli business district30 km
Andheri MIDC / SEEPZ31 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

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).

Other flagged projects by Kalpataru Plus Sharyans

Kalpataru Plus Sharyans
FlaggedRaigarh
Kalpataru Plus Sharyans
FlaggedRaigarh
Kalpataru Plus Sharyans
FlaggedMumbai Suburban

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

Kalpataru Waterfront
declared completion Dec 2021 · Kalpataru Plus Sharyans
Kalpavruksha Aura
declared completion Dec 2017 · Kalpavruksha Enterprises
Kalpavruksha Oneness
possession by Jul 2029 · Lively Lifespaces LLP
Kalpavruksha Space
possession by Dec 2028 · Space Castle
Kalyanji Ashraya
declared completion Jul 2023 · B.kalyanji Realty
Kalyanji Callista
declared completion Apr 2025 · B.kalyanji Realty

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