MahaRERA Property Intelligence · Raigarh

MAHESHWARI ICON

P52000080283 · Uran Naka · promoter Mahnexus Buildcon Llp

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000080283
Registered on19 May 2025
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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 ~36.0% of the estimated project cost incurred as of the last certificate (₹4.36 Cr spent against a ₹12.12 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 49 homes filed with MahaRERA, 12 are sold/booked (10 with registered agreements + 2 booked) and 37 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹9.10 Cr in agreement value so far. Of that, ₹6.34 Cr (~70%) is already collected, ₹2.76 Cr 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 12 registered agreements, the effective carpet rate is ₹12,535/sqft (typical range ₹9,083–₹23,514) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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 11350 sqft (32.49 sqm)₹28.01 Lakh
Floor 12360 sqft (33.41 sqm)₹28.80 Lakh
Floor 13382 sqft (35.51 sqm)₹30.61 Lakh
Floor 14380 sqft (35.28 sqm)₹30.41 Lakh
Floor 15390 sqft (36.2 sqm)₹31.20 Lakh
Floor 16413 sqft (38.39 sqm)₹33.09 Lakh
Floor 17410 sqft (38.07 sqm)₹32.82 Lakh
Floor 18757 sqft (70.34 sqm)₹60.63 Lakh
Floor 101001594 sqft (55.23 sqm)₹41.37 Lakh
Floor 101002594 sqft (55.23 sqm)₹41.37 Lakh
Floor 101003594 sqft (55.23 sqm)₹41.37 Lakh
Floor 121201594 sqft (55.23 sqm)₹41.37 Lakh
Floor 121202594 sqft (55.23 sqm)₹41.37 Lakh
Floor 131301594 sqft (55.23 sqm)₹41.37 Lakh
Floor 131302594 sqft (55.23 sqm)₹41.37 Lakh
Floor 2201636 sqft (59.07 sqm)₹44.25 Lakh
Floor 2203594 sqft (55.23 sqm)₹41.37 Lakh
Floor 3301594 sqft (55.23 sqm)₹41.37 Lakh
Floor 3302594 sqft (55.23 sqm)₹41.37 Lakh
Floor 3303594 sqft (55.23 sqm)₹41.37 Lakh
Floor 4401594 sqft (55.23 sqm)₹41.37 Lakh
Floor 4402594 sqft (55.23 sqm)₹41.37 Lakh
Floor 4403594 sqft (55.23 sqm)₹41.37 Lakh
Floor 5501594 sqft (55.23 sqm)₹41.37 Lakh
Floor 5503594 sqft (55.23 sqm)₹41.37 Lakh
Floor 6601594 sqft (55.23 sqm)₹41.37 Lakh
Floor 6603594 sqft (55.23 sqm)₹41.37 Lakh
Floor 7703594 sqft (55.23 sqm)₹41.37 Lakh
Floor 8802594 sqft (55.23 sqm)₹41.37 Lakh
Floor 8803594 sqft (55.23 sqm)₹41.37 Lakh
Floor 9901594 sqft (55.23 sqm)₹41.37 Lakh
Floor 9902594 sqft (55.23 sqm)₹41.37 Lakh
Floor 9903594 sqft (55.23 sqm)₹41.37 Lakh
Ground/Floor 01392 sqft (36.4 sqm)₹34.14 Lakh
Ground/Floor 02402 sqft (37.32 sqm)₹35.01 Lakh
Ground/Floor 05504 sqft (46.83 sqm)₹43.93 Lakh
Ground/Floor 09339 sqft (31.51 sqm)₹29.56 Lakh

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+13 and 49 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MAHESHWARI ICON1G+1349-

Unit mix on the filing: 32 residential and 17 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 Uran Naka, Market Yard Road, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by Plot 269 -2, to the south by 40 feet wide road, to the east by 60 feet wide road and to the west by Plot 448. 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
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Bayview
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Delta Heights
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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

Mahindra Meridian Plots
declared completion Mar 2025 · Mahindra Lifespace Developers Limited
Mahindra The Serenes- 8 Villas
declared completion Aug 2018 · Mahindra Lifespace Developers Limited
Mahir Corner
declared completion May 2023 · Mahir Builders AND Developers
Mahir Plaza
declared completion Mar 2021 · Mahir Builders AND Developers
Mahy Residency
declared completion Mar 2026 · Mahy Infrastructure
Maitree Sakar
declared completion Dec 2021 · Maitree Enterprises

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