Shree Mahalaxmi Traders
MahaRERA Property Intelligence · Raigarh
P52000017158 · Karjat · promoter Kartikya Spaces
| MahaRERA registration | P52000017158 |
| Registered on | 17 Jul 2018 |
| Promoter-declared completion | 05 Aug 2024 |
| Current status | Certificate Signed |
| Against today | about 23 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.
Of 70 homes filed with MahaRERA, 70 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹13.50 Cr in agreement value so far. Of that, ₹13.47 Cr (~100%) is already collected, ₹3.46 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 70 registered agreements, the effective carpet rate is ₹5,922/sqft (typical range ₹5,393–₹6,482) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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+8 and 70 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Kartikya Paradise - Building No 1 | 1 | G+8 | 70 | - |
Unit mix on the filing: 70 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 30 Dec 2022 | 30 Apr 2024 | Due to Covid 19 pandemic, the project construction got delayed and we seek extension of 4 months to complete the project. |
| 30 Dec 2022 | 29 Dec 2023 | Due to covid related pandemic, there is a delay in the construction of project |
| 30 Dec 2022 | 05 Aug 2024 | The project got delayed due to delayed completion of certain part of the project by the appointed civil contractor. |
Located at Karjat, Village Gundge, Thane, Thane, 401201. Per the filed land record, the plot is bounded to the north by Survey No 97, to the south by Proposed Kartikya Paradise Building No 2, to the east by Survey No 1 by 2 and to the west by Survey No 2 by 3. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~50 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 | 50 km |
| Bandra Kurla Complex (BKC) | 51 km |
| Chhatrapati Shivaji Int'l Airport | 53 km |
| Nariman Point / Fort | 53 km |
| Lower Parel / Worli business district | 53 km |
| Andheri MIDC / SEEPZ | 54 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 Kartikya Paradise - Building No.1?
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
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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