MahaRERA Property Intelligence · Raigarh

Madhavi Residency

PR1270002503043 · Pushpak Vahal · promoter Mahavir Enterprises

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPR1270002503043
Registered on25 Mar 2026
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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.

Builder Track Record

Across MahaRERA, Mahavir Enterprises is the promoter of record on 125 projects, of which 9 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 ~20.0% of the estimated project cost incurred as of the last certificate (₹1.14 Cr spent against a ₹5.71 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 24 homes filed with MahaRERA, 0 are sold/booked and 24 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 49 homes in total, but this sold/unsold inventory filing covers only 24 of them — the other 25 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.

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 1102498 sqft (46.27 sqm)₹57.84 Lakh
Floor 1103321 sqft (29.85 sqm)₹37.31 Lakh
Floor 1104498 sqft (46.27 sqm)₹57.84 Lakh
Floor 2201320 sqft (29.7 sqm)₹37.12 Lakh
Floor 2202312 sqft (28.97 sqm)₹36.21 Lakh
Floor 2203498 sqft (46.27 sqm)₹57.84 Lakh
Floor 2204323 sqft (30.03 sqm)₹37.54 Lakh
Floor 2205498 sqft (46.27 sqm)₹57.84 Lakh
Floor 2206312 sqft (28.97 sqm)₹36.21 Lakh
Floor 4401320 sqft (29.7 sqm)₹37.12 Lakh
Floor 4402312 sqft (28.97 sqm)₹36.21 Lakh
Floor 4403498 sqft (46.27 sqm)₹57.84 Lakh
Floor 4404323 sqft (30.03 sqm)₹37.54 Lakh
Floor 4405498 sqft (46.27 sqm)₹57.84 Lakh
Floor 4406312 sqft (28.97 sqm)₹36.21 Lakh
Floor 6601320 sqft (29.7 sqm)₹37.12 Lakh
Floor 6605498 sqft (46.27 sqm)₹57.84 Lakh
Floor 6606312 sqft (28.97 sqm)₹36.21 Lakh
Floor 7701312 sqft (28.97 sqm)₹36.21 Lakh
Floor 7702498 sqft (46.27 sqm)₹57.84 Lakh
Ground/Floor 0Shop No -4141 sqft (13.13 sqm)₹24.22 Lakh
Ground/Floor 0Shop No -5128 sqft (11.85 sqm)₹21.86 Lakh
Ground/Floor 0Shop No -6129 sqft (11.94 sqm)₹22.03 Lakh
Ground/Floor 0Shop No -9133 sqft (12.36 sqm)₹22.80 Lakh

⚠ The inventory filing also declares: 25 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+7 and 49 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Madhavi Residency1G+749-

Unit mix on the filing: 40 residential and 9 non-residential (shops/offices).

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 Pushpak Vahal, Plot No -246 + 247, Sector -24, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by Plot No -245, to the south by Plot No -248, to the east by Plot No -262 & 263 and to the west by 9 Mtr 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 ~21 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Bandra Kurla Complex (BKC)21 km
Lower Parel / Worli business district22 km
Nariman Point / Fort22 km
Powai / Hiranandani business park22 km
Chhatrapati Shivaji Int'l Airport23 km
Andheri MIDC / SEEPZ26 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

Mahavir Enterprises is the promoter on 10 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Mahavir Enterprises project & its RERA track record →

Other flagged projects by Mahavir Enterprises

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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

Madhuban
possession by Dec 2026 · Vrindavan Land Developers
Madhuban Residency
declared completion Mar 2025 · Ritesh Futarmal Doshi
Madhukar Vihar
declared completion Dec 2022 · Hari Krishna Buildcon
Madhukar Villa
declared completion Dec 2023 · Vighnaharta Builders AND Developers
Madhur Kunj
possession by Apr 2029 · Madhur Developers
Madhur Residency
declared completion Mar 2022 · Madhur Enterprise

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