MahaRERA Property Intelligence · Raigarh

Ocean Heights

P52000047153 · Old Panvel · promoter Construction

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP52000047153
Registered on10 Oct 2022
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 months to 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.

Construction Progress

MahaRERA's cost filing puts construction at ~74.9% of the estimated project cost incurred as of the last certificate (₹7.18 Cr spent against a ₹9.58 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 82 homes filed with MahaRERA, 18 are sold/booked and 64 remain available (~22% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹4.60 Cr in agreement value so far. Of that, ₹1.16 Cr (~25%) is already collected, ₹3.44 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 18 registered agreements, the effective carpet rate is ₹7,700/sqft (typical range ₹7,272–₹8,006) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+7 and 82 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Ocean Heights1G+782-

Unit mix on the filing: 76 residential and 6 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 2 times. 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 202430 Jun 2026We apologize for the delay in the completion of the project and the submission of this request. The delay has occurred due to issues with procurement, unforeseen site conditions, c
31 Dec 202430 Jun 2027The delay was primarily caused on account of procurement-related constraints, delays in availability and supply of construction materials and resources, financial constraints affec

Location, Land & Connectivity

Located at Old Panvel, Near Panvel Koliwada, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by Road, to the south by Road, to the east by CTS No-1131 and CTS No-1153 and to the west by CTS No -1125 CTS No - 1126 and CTS No - 1154. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~26 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 park26 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport28 km
Lower Parel / Worli business district29 km
Andheri MIDC / SEEPZ30 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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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

Odhav Krupa
declared completion Dec 2023 · Rashmi Corporation
Olive Boulevard
possession by Dec 2029 · Olive Infra & Lifestyle LLP
Olympeo Neo City
possession by Dec 2027 · Priztine Infra LLP
Olympeo Retreat - Phase 1
declared completion Jun 2025 · Paradiso Realty Solutions LLP
Olympeo Retreat - Phase 2
possession by Dec 2026 · Paradiso Realty Solutions LLP
Olympeo Riverside - Phase 1
declared completion Jun 2018 · Olympeo Riverside Projects LLP

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