MahaRERA Property Intelligence · Thane

PADMADISHA PARADISE BUILDING TYPE - 3

P51700053364 · Temghar · promoter Padmadisha Paradise

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700053364
Registered on27 Oct 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, Padmadisha Paradise is the promoter of record on 3 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 ~6.0% of the estimated project cost incurred as of the last certificate (₹3.41 Cr spent against a ₹57.30 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 209 homes filed with MahaRERA, 85 are sold/booked (25 with registered agreements + 60 booked) and 124 remain available (~41% sold) — selling steadily. Buyers have committed ₹34.47 Cr in agreement value so far. Of that, ₹12.75 Cr (~37%) is already collected, ₹21.71 Cr receivable — a read on how far along these sales really are. Note: the project registers 225 homes in total, but this sold/unsold inventory filing covers only 209 of them — the other 16 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 85 registered agreements, the effective carpet rate is ₹7,134/sqft (typical range ₹6,994–₹7,438) — 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: 9 owner/investor-held and 7 not for sale. 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 225 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PADMADISHA HEIGHTS1G+38225-

Unit mix on the filing: 219 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.

Location, Land & Connectivity

Located at Temghar, Opposite Sai Baba Mandir, Bhiwandi, Thane, 421302. Per the filed land record, the plot is bounded to the north by Building Type 01, to the south by Adj S No 135 6 A 138pt S No 202, to the east by Open Space Building R G and to the west by D P Road 18 Meters. 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.

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 →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Builder track record

Padmadisha Paradise is the promoter on 3 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 Padmadisha Paradise

Other RERA-registered projects in Bhiwandi

Neelkanth Sadan
possession by Jul 2026 · Shreeji Enterprises
Hill Spring
possession by Aug 2026 · Asha Infratech
Nazir Heights
possession by Sep 2026 · A M Constructions
Rose Residency
possession by Sep 2026 · Kunal Ramesh Karaniya
Saniya Heights
possession by Sep 2026 · Moonshine Realtors PVT LTD
Upper Thane-Casa Eden
possession by Sep 2026 · Lodha Developers Limited

Major developers building in Bhiwandi

Other RERA-registered projects in Thane

Padmalaxmi
declared completion Mar 2018 · Kedar Bhikaji Bapat
Padmanabh
declared completion Oct 2023 · Yash Govinda Build Infra LLP
Padmanabh Heights
possession by Jul 2028 · Crystal Infra
Padmani Pearl
declared completion Dec 2025 · Co-Owners-Rajesh Sukhrani Manoj Sukhrani
Padmaprabha CO OP HSG Society
declared completion Apr 2018 · Shree Mahaveer Enterprises
Padmavati Avighna
possession by Mar 2028 · Padmavati Developers

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