Parasnath Garden- SNO 200-1-2
MahaRERA · the public record
NOVA EXOTICA
PALGHAR · Navkar Venture
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124units filed as unsoldInventory · 19 September 2026
06 Dec 2028declared completionMahaRERA registration · read 12 Jul 2026
201registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
06 Dec 2028
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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The details behind the headline.
MahaRERA · P99000055282
Delivery and registration
When is the project declared for completion?
NOVA EXOTICA is registered with MahaRERA as P99000055282 and the promoter has declared completion for 06 Dec 2028.
06 Dec 2028
declared completion
27months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P99000055282 |
| Registered on | 14 Mar 2024 |
| Promoter-declared completion | 06 Dec 2028 |
| Current status | Certificate Signed |
| Against today | 27 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for NOVA EXOTICA record 13 quarterly progress reports since registration.
13quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).
Promoter record
What else is this promoter on record for?
Navkar Venture is the promoter of record on 91 projects registered with MahaRERA, 11 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
91projects
registered with MahaRERA
11flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In NOVA EXOTICA, ₹26.58 Cr of a declared ₹44.01 Cr estimated project cost is reported as incurred, about 60.4%, as at the last certified filing with MahaRERA.
60.4%
₹26.58 Cr
of ₹44.01 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In NOVA EXOTICA, 4 of 136 homes filed with MahaRERA are recorded as sold or booked (2 with registered agreements and 2 booked), about 3%, and 132 remain available.
3%sold
4 of 136 homes
₹1.26 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹77.57 Lakh (about 62%) is recorded as collected and ₹48.50 Lakh as receivable. The project registers 201 homes in total, while this sold/unsold inventory filing covers 136 of them.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
The inventory filing also declares: 65 not for sale.
What the filings record, home by home
Read from MahaRERA on 19 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 12 homes carry one, and 124 of the 201 are recorded unsold. Since we started watching this ledger, 9 homes have moved out of the unsold list, most recently on 11 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 102 | 542 sqft | Rs 35.00 lakh typical, over Rs 23.04 lakh to Rs 36.00 lakh | 7 filed at this size |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In NOVA EXOTICA, 91 of the 124 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+6 and 201 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building No 1 | 1 | G+6 | 7 | 06 Dec 2028 |
| Building No 2 | 1 | G+5 | 12 | 06 Dec 2028 |
| Building No 5 | 1 | G+6 | 42 | 06 Dec 2028 |
| Building No 6 | 1 | G+6 | 28 | 06 Dec 2028 |
| Building No 7 A/B/C/D Wing | 1 | G+6 | 112 | 06 Dec 2028 |
Unit mix on the filing: 201 residential.
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Location, Land & Connectivity
Located at PALGHAR, DEVISHA ROAD, Palghar, Palghar, 401404. Per the filed land record, the plot is bounded to the north by RESIDENTIAL, to the south by RESIDENTIAL, to the east by LAND and to the west by RESIDENTIAL. These are the boundaries as recorded in the filed land record.