MahaRERA Property Intelligence · Raigarh

NAAZ PLAZA

P52000046744 · AT MAMDAPUR · promoter Prestige

Certificate SignedDue 30 Sep 2026

Delivery & Registration

MahaRERA registrationP52000046744
Registered on05 Sep 2022
Promoter-declared completion30 Sep 2026
Current statusCertificate Signed
Against today2 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, Prestige is the promoter of record on 26 projects, of which 1 carries 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹1.70 Cr spent against a ₹1.70 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 25 homes filed with MahaRERA, 17 are sold/booked (16 with registered agreements + 1 booked) and 8 remain available (~68% sold) — selling steadily. Buyers have committed ₹3.11 Cr in agreement value so far. Of that, ₹2.47 Cr (~79%) is already collected, ₹64.45 Lakh 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 17 registered agreements, the effective carpet rate is ₹5,633/sqft (typical range ₹3,967–₹7,409) — 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 1Flat No 104276 sqft (25.64 sqm)₹10.95 Lakh
Floor 2Flat No 203435 sqft (40.41 sqm)₹16.00 Lakh
Floor 3Flat No 301435 sqft (40.41 sqm)₹17.26 Lakh
Floor 3Flat No 303435 sqft (40.41 sqm)₹17.26 Lakh
Floor 4Flat No 404276 sqft (25.64 sqm)₹10.95 Lakh
Floor 5Flat No 501435 sqft (40.41 sqm)₹17.26 Lakh
Floor 5Flat No 502406 sqft (37.71 sqm)₹16.10 Lakh
Ground/Floor 0Office 01232 sqft (21.54 sqm)₹10.68 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+4 and 25 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NAAZ PLAZA1G+425-

Unit mix on the filing: 21 residential and 4 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 Jun 202531 Dec 20251) Poor booking response from customer. 2) Because of poor response our work was very slow. But now we have completed our 98 % Project
30 Jun 202530 Sep 20261) Poor booking response from customer. 2) Because of poor response our work was very slow.

Location, Land & Connectivity

Located at AT MAMDAPUR, SURVEY NO 148 PLOT NO 5, Karjat, Raigarh, 410101. Per the filed land record, the plot is bounded to the north by PLOT NO 3, to the south by PLOT NO 25, to the east by PLOT NO 12 and to the west by ROAD. 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 →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Builder track record

Prestige Reality 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).

See every Prestige Reality project & its RERA track record →

Other RERA-registered projects in Neral

SAI Krupa Valley- Phase 1
possession by Aug 2026 · SAI Krupa Developers
Noble Apartment
possession by Aug 2026 · Asra Reality
Madina Complex
possession by Aug 2026 · Al-Hamd Developers
Arsh Apartment
possession by Sep 2026 · Mateen Rafique Patel
Aliza Apartments
possession by Dec 2026 · M/S SKY Homes
Labdhi Gardens Phase 6
possession by Dec 2026 · Labdhi Lifestyle Limited

Major developers building in Neral

Other RERA-registered projects in Raigarh

Nabhangan Plaza
declared completion Dec 2019 · Mountain Range Properties & Resorts
Nadmohan
declared completion Dec 2018 · Bhagwati Developers
Nageshwar
declared completion Dec 2019 · Madhhu Daulatrao Patil
Nagibai Heights
possession by Dec 2026 · Ashok Vasant Dhamale
Naivedya
declared completion Mar 2022 · Kroopa Properties
Nakshatra Heights
declared completion Jun 2026 · Sharvari 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