MahaRERA Property Intelligence · Raigarh

LAXMI NIVAS

P52000027048 · KARANJADE · promoter Damodar Ganpat Mundhakar

Certificate SignedDue 31 May 2023

Delivery & Registration

MahaRERA registrationP52000027048
Registered on10 Nov 2020
Promoter-declared completion31 May 2023
Current statusCertificate Signed
Against todayabout 38 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, Damodar Ganpat Mundhakar is the promoter of record on 2 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.

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+3.

BuildingWingsFloorsDeclared completion
LAXMI NIVAS1G+331 Mar 2020

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Sep 202231 May 2023Due to Covid

Location, Land & Connectivity

Located at KARANJADE, PLOT NO 81, SECTOR- R5, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by 9 MTR WIDE ROAD, to the south by PLOT NO 84, to the east by PLOT NO 82 and to the west by PLOT NO80. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Laxmi Niwas
possession by Dec 2026 · Santosh Dhanaji Mhatre
Laxmi Orchid
declared completion Jun 2021 · Laxmi Global
Laxmi Pooja
declared completion Sep 2024 · Shraddha Enterprises
Laxmi Prestige
possession by Dec 2027 · Laxmi Builders
Laxmi Raghunath Niwas
declared completion Dec 2025 · Elegance Buildcon
Laxmi Residency
declared completion Dec 2021 · Nisargraj Developers

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