Shubham Residency
Plotted Development Intelligence · Raigarh
P52000050750 · Usale · promoter Kishor Otarmal Jain
| MahaRERA registration | P52000050750 |
| Registered on | 28 Apr 2023 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
MahaRERA's cost filing puts construction at ~87.4% of the estimated project cost incurred as of the last certificate (₹7.98 Cr spent against a ₹9.14 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.
Of 49 plots filed with MahaRERA, 35 are sold/booked and 14 remain available (~71% sold) — selling steadily. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12604112 | 01/07/2026 | Shruti Vijaykumar Nanda vs Kishor Otarmal Jain | pending / no order on file |
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 2025 | 31 Dec 2027 | The delay was due to a shortage of manpower and insufficient financial resources. |
Located at Usale, Survey No- 21/1, 22/0, 23/0, 25/0, 24/1, 24/4, 26/3, Roha, Raigarh, 410205. Per the filed land record, the plot is bounded to the north by Survey No-24-2 24-3 26-1 26-2, to the south by Survey No-21-2 21-3 24-5A 26-4, to the east by Survey No-2 and 3 and to the west by Boundary Village Chive. 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.
🔒 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.
🔒 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.
Should you buy in Nirvana Bougainvilla?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
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Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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