MahaRERA Property Intelligence · Thane

LA PALACIO

PR1330002503064 · Nerul, Sector 18 · promoter Landmaark Group

Certificate SignedDue 12 Nov 2030

Delivery & Registration

MahaRERA registrationPR1330002503064
Registered on27 Mar 2026
Promoter-declared completion12 Nov 2030
Current statusCertificate Signed
Against today52 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.

Construction Progress

MahaRERA's cost filing puts construction at ~13.8% of the estimated project cost incurred as of the last certificate (₹4.55 Cr spent against a ₹33.00 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 50 homes filed with MahaRERA, 0 are sold/booked and 50 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 118 homes in total, but this sold/unsold inventory filing covers only 50 of them — the other 68 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.

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+21 and 118 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shivprasad CHS1G+21118-

Unit mix on the filing: 118 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 Nerul, Sector 18, Plot no. 21, Thane, Thane, 400706. Per the filed land record, the plot is bounded to the north by Shivshakti CHS, to the south by Shivneri CHS, to the east by Gangoyti CHS and to the west by 15 metres wide road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park14 km
Bandra Kurla Complex (BKC)15 km
Chhatrapati Shivaji Int'l Airport16 km
Andheri MIDC / SEEPZ18 km
Lower Parel / Worli business district19 km
Nariman Point / Fort23 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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Laabh Enclave- Phase 2
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Laabh Enclave Phase 2 D Wing
possession by Mar 2027 · Vaishnavi Housing Realty LLP

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