Mumbai/Project record

MahaRERA · the public record

Madina Complex Building No 3 and 4

Damat Neral · Al-Hamd Developers

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

18units filed as unsoldInventory · 20 September 2026
31 Aug 2028declared completionMahaRERA registration · read 12 Jul 2026
101registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Aug 2028

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52000080665

Delivery and registration

When is the project declared for completion?

Madina Complex Building No 3 and 4 is registered with MahaRERA as P52000080665 and the promoter has declared completion for 31 Aug 2028.

31 Aug 2028

declared completion

23months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52000080665
Registered on23 Jun 2025
Promoter-declared completion31 Aug 2028
Current statusCertificate Signed
Against today23 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Madina Complex Building No 3 and 4 record 4 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 4 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Al-Hamd Developers is the promoter of record on 16 projects registered with MahaRERA, 1 of which carries a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

16projects

registered with MahaRERA

1flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Madina Complex Building No 3 and 4, ₹3.71 Cr of a declared ₹11.26 Cr estimated project cost is reported as incurred, about 32.9%, as at the last certified filing with MahaRERA.

32.9%

₹3.71 Cr

of ₹11.26 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Madina Complex Building No 3 and 4, 83 of 101 homes filed with MahaRERA are recorded as sold or booked (5 with registered agreements and 78 booked), about 82%, and 18 remain available.

82%sold

83 of 101 homes

₹14.62 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹3.08 Cr (about 21%) is recorded as collected and ₹11.54 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 83 registered agreements, the effective carpet rate is ₹3,931/sqft, with eight in ten falling between ₹3,810 and ₹4,320 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1103407 sqft (37.77 sqm)₹17.56 Lakh
Floor 1A105462 sqft (42.95 sqm)₹19.97 Lakh
Floor 2A202363 sqft (33.76 sqm)₹15.70 Lakh
Floor 2A204381 sqft (35.42 sqm)₹16.47 Lakh
Floor 2B203366 sqft (34.01 sqm)₹15.81 Lakh
Floor 2B204369 sqft (34.26 sqm)₹15.93 Lakh
Floor 3A303366 sqft (34.04 sqm)₹15.83 Lakh
Floor 4402530 sqft (49.28 sqm)₹22.92 Lakh
Floor 4404506 sqft (46.99 sqm)₹21.85 Lakh
Floor 4B401472 sqft (43.89 sqm)₹20.41 Lakh
Floor 4B402362 sqft (33.65 sqm)₹15.65 Lakh
Floor 4B403366 sqft (34.01 sqm)₹15.81 Lakh
Floor 5A504381 sqft (35.42 sqm)₹16.47 Lakh
Floor 5B501472 sqft (43.89 sqm)₹20.41 Lakh
Floor 6B602362 sqft (33.65 sqm)₹15.65 Lakh
Floor 7B702362 sqft (33.65 sqm)₹15.65 Lakh
Floor 7B703366 sqft (34.01 sqm)₹15.81 Lakh
Ground/Floor 0001360 sqft (33.46 sqm)₹15.56 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 83 homes carry one, and 18 of the 101 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
001360 sqftRs 14.35 lakh typical, over Rs 14.00 lakh to Rs 19.10 lakh20 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Madina Complex Building No 3 and 4, every one of the 18 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 17 homes — ₹2,999 →

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+6 and 101 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No 31G+665-
Building No 41G+636-

Unit mix on the filing: 101 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Damat Neral, Karjat - Kalyan Road, Karjat, Raigarh, 410101. Per the filed land record, the plot is bounded to the north by 3, to the south by 4, to the east by 1 and to the west by 2. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~43 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 park43 km
Bandra Kurla Complex (BKC)46 km
Chhatrapati Shivaji Int'l Airport47 km
Andheri MIDC / SEEPZ47 km
Lower Parel / Worli business district51 km
Nariman Point / Fort53 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.

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Builder track record

Al-Hamd Developers is the promoter on 2 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 Al-Hamd Developers

Al-Hamd Developers
FlaggedRaigarh

Other RERA-registered projects in Neral

Arsh Apartment
possession by Sep 2026 · Mateen Rafique Patel
Naaz Plaza
possession by Sep 2026 · Prestige Reality
Labdhi Gardens Phase 6
possession by Dec 2026 · Labdhi Lifestyle Limited
Labdhi Gardens Phase 7
possession by Dec 2026 · Labdhi Lifestyle Limited
Labdhi Gardens Phase 8
possession by Dec 2026 · Labdhi Lifestyle Limited
RAJ Baug Phase - III
possession by Dec 2026 · Nehaldhara Realtors

Major developers building in Neral

Other RERA-registered projects in Raigarh

Madina Complex Phase-2
possession by Dec 2028 · AL Hamd Developers And Partners
Magic Hill Enclave
possession by Dec 2027 · Garnet Construction Ltd.
Magic Island Theme Resort
possession by Dec 2027 · Magic Island Theme Resort LLP
Magnolia Cluster 1
possession by Dec 2026 · Wadhwa Construction And Infrastructure P
Magnolia Cluster 2
possession by Dec 2026 · Wadhwa Construction And Infrastructure P
Magnolia Cluster 3
possession by Dec 2026 · Wadhwa Construction And Infrastructure P

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: 20 Sep 2026