MahaRERA Property Intelligence · Raigarh

Orchid

P52000050193 · Village Bhokarpada · promoter Persipina Developers Private

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP52000050193
Registered on21 Mar 2023
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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.

Builder Track Record

Across MahaRERA, Persipina Developers Private is the promoter of record on 37 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.

Sales & Inventory

Of 281 homes filed with MahaRERA, 239 are sold/booked (224 with registered agreements + 15 booked) and 42 remain available (~85% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹260.48 Cr in agreement value so far. Of that, ₹158.62 Cr (~61%) is already collected, ₹91.68 Cr receivable — a read on how far along these sales really are. Note: the project registers 288 homes in total, but this sold/unsold inventory filing covers only 281 of them — the other 7 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 239 registered agreements, the effective carpet rate is ₹15,012/sqft (typical range ₹13,585–₹15,971) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 7 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+38 and 288 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Orchid1G+38288-

Unit mix on the filing: 281 residential and 7 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 Village Bhokarpada, OLd Mumbai Pune High Way, Kurla, Mumbai Suburban, 410221. Per the filed land record, the plot is bounded to the north by Iris Building, to the south by Future Development, to the east by Future Development and to the west by Internal Driveway. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1135 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 park1135 km
Andheri MIDC / SEEPZ1138 km
Chhatrapati Shivaji Int'l Airport1140 km
Bandra Kurla Complex (BKC)1140 km
Lower Parel / Worli business district1147 km
Nariman Point / Fort1150 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

Persipina Developers Private Limited is the promoter on 38 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).

See every Persipina Developers Private Limited project & its RERA track record →

Other flagged projects by Persipina Developers Private Limited

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Other RERA-registered projects in Panvel

SAI Deep Residency
possession by Aug 2026 · Not Available
Godrej Golf Side Estate
possession by Sep 2026 · Godrej Hillside Properties Private Limit
The Highlands, Godrej City, Panvel
possession by Sep 2026 · Caroa Properties LLP
Jai Mata Di
possession by Nov 2026 · Vraj Developers
Ashtavinayak Diamond
possession by Dec 2026 · S G Group
Dharti Corner
possession by Dec 2026 · Dharti Buildcon

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Orchid
declared completion May 2026 · D Bafna Properties
Orchid Bliss
declared completion Dec 2020 · Sunny Buildtech Private Limited
Orchid Castle
possession by May 2027 · Priyal Properties
Orchid Enclave
possession by Dec 2026 · Siddhivinayak Associates
Orchid Greens
declared completion Jun 2022 · Romik Patel
Orchid Meadows
declared completion Aug 2019 · Rameshbhai Patel

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