MahaRERA Property Intelligence · Raigarh

Neel Pallacio

P52000019133 · Panvel · promoter Vilas Madanlal Kothari

Certificate SignedDue 30 Mar 2024

Delivery & Registration

MahaRERA registrationP52000019133
Registered on09 Jan 2019
Promoter-declared completion30 Mar 2024
Current statusCertificate Signed
Against todayabout 28 months past 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, Vilas Madanlal Kothari 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.

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+14.

BuildingWingsFloorsDeclared completion
Building - 11G+1431 Mar 2023
BUILDING - 21G+1431 Mar 2023

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 Panvel, V K High School Road, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by 12 mtr wide Road, to the south by 9 mtr wide Road, to the east by Plot No 129 and 132 and to the west by Adjacent Plot and Open Space. 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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Builder track record

Vilas Madanlal Kothari is the promoter on 4 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:

Other flagged projects by Vilas Madanlal Kothari

Vilas Madanlal Kothari
FlaggedRaigarh
Vilas Madanlal Kothari
FlaggedRaigarh
Vilas Madanlal Kothari
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

Neel Park
declared completion Dec 2025 · Shailesh Mahadev Bhagat
Neel Riddhi Emerald
declared completion Mar 2019 · Neel Riddhi Emerald
Neel Sagar Jyot
declared completion Dec 2023 · Neel Sagar Icons
Neel SAI Ganga
declared completion Mar 2019 · Vilas Madanlal Kothari
Neel Sidhi Ballarat
declared completion Jun 2026 · Neelsidhi Associates LLP
Neel Sidhi Infinity
declared completion Jul 2024 · Neel Sidhi Realties

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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