MahaRERA Property Intelligence · Raigarh

MOUNTAIN SAPPHIRE

P52000054446 · New Panvel · promoter Trident Developers

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP52000054446
Registered on25 Jan 2024
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, Trident Developers is the promoter of record on 13 projects, of which 2 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 ~66.8% of the estimated project cost incurred as of the last certificate (₹9.01 Cr spent against a ₹13.50 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 125 homes filed with MahaRERA, 96 are sold/booked (81 with registered agreements + 15 booked) and 29 remain available (~77% sold) — selling steadily. Buyers have committed ₹49.27 Cr in agreement value so far. Of that, ₹30.05 Cr (~61%) is already collected, ₹19.21 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 96 registered agreements, the effective carpet rate is ₹13,944/sqft (typical range ₹13,362–₹15,271) — 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 111102323 sqft (29.97 sqm)₹28.74 Lakh
Floor 111106322 sqft (29.93 sqm)₹28.70 Lakh
Floor 121202323 sqft (29.97 sqm)₹28.74 Lakh
Floor 121206322 sqft (29.93 sqm)₹28.70 Lakh
Floor 131301277 sqft (25.78 sqm)₹24.72 Lakh
Floor 131302323 sqft (29.97 sqm)₹28.74 Lakh
Floor 131303320 sqft (29.69 sqm)₹28.47 Lakh
Floor 131304524 sqft (48.67 sqm)₹46.67 Lakh
Floor 131305538 sqft (49.97 sqm)₹47.92 Lakh
Floor 131306322 sqft (29.93 sqm)₹28.70 Lakh
Floor 131307322 sqft (29.93 sqm)₹28.70 Lakh
Floor 131308322 sqft (29.93 sqm)₹28.70 Lakh
Floor 131309531 sqft (49.29 sqm)₹47.27 Lakh
Floor 141401173 sqft (16.06 sqm)₹15.40 Lakh
Floor 141402323 sqft (29.97 sqm)₹28.74 Lakh
Floor 141403320 sqft (29.69 sqm)₹28.47 Lakh
Floor 141404524 sqft (48.67 sqm)₹46.67 Lakh
Floor 141405538 sqft (49.97 sqm)₹47.92 Lakh
Floor 141406322 sqft (29.93 sqm)₹28.70 Lakh
Floor 141407322 sqft (29.93 sqm)₹28.70 Lakh
Floor 141408322 sqft (29.93 sqm)₹28.70 Lakh
Floor 141409531 sqft (49.29 sqm)₹47.27 Lakh
Floor 5504524 sqft (48.67 sqm)₹46.67 Lakh
Floor 6602323 sqft (29.97 sqm)₹28.74 Lakh
Floor 7709531 sqft (49.29 sqm)₹47.27 Lakh
Floor 8809531 sqft (49.29 sqm)₹47.27 Lakh
Floor 9902323 sqft (29.97 sqm)₹28.74 Lakh
Floor 9906322 sqft (29.93 sqm)₹44.90 Lakh
Ground/Floor 0Shop No. 04216 sqft (20.11 sqm)₹24.02 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+15 and 125 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MOUNTAIN SAPPHIRE1G+15125-

Unit mix on the filing: 109 residential and 16 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 New Panvel, Sector 6, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by 20 METRE WIDE ROAD, to the south by PLTO NO 10, to the east by PLOT NO E25 and to the west by 8 METRE 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 ~25 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 park25 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport28 km
Andheri MIDC / SEEPZ29 km
Lower Parel / Worli business district30 km
Nariman Point / Fort32 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

Trident Developers is the promoter on 3 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 Trident Developers

Trident Developers
FlaggedRaigarh

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

Mountain View Residency 1
declared completion Mar 2025 · Immaculate Developers
Mountain View Residency 2
possession by Mar 2027 · Immaculate Developers
Mountain Villa
declared completion Apr 2023 · Sap Magic Developers Private Limited
MP Arena
declared completion Dec 2022 · MP Buildcon
MP Heights
possession by Mar 2027 · MPS Home
MP Pride
declared completion Dec 2022 · M P Construction

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