MahaRERA Property Intelligence · Raigarh

Neel Sidhi Ballarat

P52000049218 · New Panvel W · promoter Neelsidhi Associates Llp

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52000049218
Registered on03 Feb 2023
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, Neelsidhi Associates Llp is the promoter of record on 3 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 ~95.5% of the estimated project cost incurred as of the last certificate (₹58.77 Cr spent against a ₹61.57 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 275 homes filed with MahaRERA, 274 are sold/booked and 1 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹200.22 Cr in agreement value so far. Of that, ₹200.16 Cr (~100%) is already collected, ₹5.97 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 274 registered agreements, the effective carpet rate is ₹13,391/sqft (typical range ₹10,620–₹14,962) — 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 1F-19905 sqft (84.115 sqm)₹1.17 Cr

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+16 and 275 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing A1G+16141-
Wing B1G+16134-

Unit mix on the filing: 237 residential and 38 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 W, Sector No 17, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by CIDCO Open Land, to the south by 20 meter wide road, to the east by Plot No 41 and to the west by Plot No 39. 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

Neelsidhi Associates LLP is the promoter on 2 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 Neelsidhi Associates LLP

Neelsidhi Associates LLP
Not filing quarterly progress reportsThane

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 Sidhi Infinity
declared completion Jul 2024 · Neel Sidhi Realties
Neel Sidhi Orbit
declared completion Aug 2022 · Neel Sidhi Realties
Neel Sidhi Regalia
declared completion Dec 2022 · Neel Sidhi Realties
Neel Sidhi Ruby
possession by Mar 2027 · Neel Sidhi Realties
Neel Sidhi Sapphire
declared completion Sep 2025 · Neel Sidhi Realties
Neel Solitaire
declared completion Jun 2025 · Vilas Madanlal Kothari

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