MahaRERA Property Intelligence · Raigarh

NEELKANTH AVENUE

P52000047513 · SECTOR 16 KHARGHAR · promoter Skytech Infra

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52000047513
Registered on03 Nov 2022
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, Skytech Infra is the promoter of record on 4 projects, of which none currently 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 ~83.7% of the estimated project cost incurred as of the last certificate (₹26.42 Cr spent against a ₹31.57 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. The declared completion date has already passed while the cost-incurred filing sits at ~83.7% — a wide gap between the promise and the money actually spent on site.

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 80 homes filed with MahaRERA, 76 are sold/booked (66 with registered agreements + 10 booked) and 4 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹75.78 Cr in agreement value so far. Of that, ₹66.44 Cr (~88%) is already collected, ₹9.34 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 76 registered agreements, the effective carpet rate is ₹16,794/sqft (typical range ₹10,687–₹20,975) — 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 131302655 sqft (60.85 sqm)₹49.59 Lakh
Floor 7701581 sqft (53.96 sqm)₹43.98 Lakh
Floor 7702581 sqft (53.96 sqm)₹43.98 Lakh
Ground/Floor 02398 sqft (36.99 sqm)₹37.73 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+22 and 80 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NEELKANTH AVENUE1G+2280-

Unit mix on the filing: 68 residential and 12 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 1 time. 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
31 Dec 202530 Jun 2026Delay in receiving Occupancy Certificate

Location, Land & Connectivity

Located at SECTOR 16 KHARGHAR, PLOT NO 8A, Panvel, Raigarh, 410210. Per the filed land record, the plot is bounded to the north by PLOT NO 8, to the south by PLOT NO 88, to the east by PLOT NO 2 and to the west by 45 MTRS 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 ~20 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 park20 km
Bandra Kurla Complex (BKC)23 km
Chhatrapati Shivaji Int'l Airport23 km
Andheri MIDC / SEEPZ24 km
Lower Parel / Worli business district27 km
Nariman Point / Fort30 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

Skytech Infra is the promoter on 4 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 Skytech Infra

Other RERA-registered projects in Kharghar

Tharwani Palladian
possession by Sep 2026 · Tharwani Realtors
Balaji Park
possession by Oct 2026 · Mohansingh Tararam Choudhary
Krishna Aura
possession by Oct 2026 · Qualitas Lifespaces LLP
Shree Darshan
possession by Dec 2026 · Hari OM Developers
7 OAK Apaprtment
possession by Dec 2026 · Takhatsinh Pravinsinh Rana
Ashwini Apartment
possession by Dec 2026 · Kuldeepsingh Amarsingh Bhalothia

Major developers building in Kharghar

Other RERA-registered projects in Raigarh

Neelkanth Classic
declared completion Dec 2023 · Skytech Infra
Neelkanth Co.op.soc
declared completion Dec 2022 · Swapnil Mohan Kalyankar
Neelkanth Complex
possession by Dec 2027 · Neelkanth Mahadev Developers
Neelkanth Corner
declared completion Oct 2022 · Omkar Infra
Neelkanth Corner
declared completion Sep 2020 · Neelkanth Enterprises
Neelkanth Darshan
declared completion Dec 2024 · Skytech Infra

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