MahaRERA Property Intelligence · Raigarh

PALM GARDEN TOWER-01

P52000046754 · PEN · promoter And Group

Certificate SignedDue 25 Jun 2027

Delivery & Registration

MahaRERA registrationP52000046754
Registered on05 Sep 2022
Promoter-declared completion25 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 ~99.4% of the estimated project cost incurred as of the last certificate (₹11.91 Cr spent against a ₹11.98 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 76 homes filed with MahaRERA, 66 are sold/booked (65 with registered agreements + 1 booked) and 10 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹15.93 Cr in agreement value so far. Of that, ₹12.24 Cr (~77%) is already collected, ₹3.69 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 66 registered agreements, the effective carpet rate is ₹5,818/sqft (typical range ₹4,806–₹7,048) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1101385 sqft (35.75 sqm)₹12.14 Lakh
Floor 1102503 sqft (46.75 sqm)₹15.88 Lakh
Floor 1104511 sqft (47.44 sqm)₹16.11 Lakh
Floor 1107545 sqft (50.62 sqm)₹17.19 Lakh
Floor 1110381 sqft (35.41 sqm)₹12.03 Lakh
Floor 4402503 sqft (46.75 sqm)₹15.88 Lakh
Floor 7704511 sqft (47.44 sqm)₹16.11 Lakh
Floor 7710381 sqft (35.41 sqm)₹12.03 Lakh
Ground/Floor 03409 sqft (38.04 sqm)₹12.92 Lakh
Ground/Floor 06113 sqft (10.5 sqm)₹3.57 Lakh

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+8 and 76 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PALM GARDEN TOWER -011G+876-

Unit mix on the filing: 70 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 PEN, PEN, Pen, Raigarh, 402107. Per the filed land record, the plot is bounded to the north by BOUNDRY OF PEN CITY, to the south by S N 13 2 1 AND 13 2 2, to the east by S N 13 2 1 and to the west by BOUNDRY OF PE CITY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~42 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort37 km
Lower Parel / Worli business district42 km
Bandra Kurla Complex (BKC)45 km
Chhatrapati Shivaji Int'l Airport48 km
Powai / Hiranandani business park48 km
Andheri MIDC / SEEPZ51 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 Pen

Swami Chhaya
possession by Aug 2026 · Shree Ballaleshwar Developers
Pendse Park
possession by Nov 2026 · F ND H Constructions
Govardhan Greenfields
possession by Dec 2026 · Khelaan Manoj Unadkat
Balaji Tricity
possession by Dec 2026 · M/s Sathe Schemes
Arham
possession by Dec 2026 · IYS Properties LLP
Chandradarshan Enclave
Not filing quarterly progress reports · possession by Dec 2026 · Sunny Rajendra Jain

Other RERA-registered projects in Raigarh

Palte Paradise
possession by Dec 2028 · United Developers
Pancharatna Complex
declared completion Jun 2019 · Honesty Bulder AND Developers
Panchashil Complex
declared completion Jun 2025 · Honesty Bulder AND Developers
Panchdhara
declared completion Dec 2023 · Jayshakti Builders AND Developers
Panchganga
declared completion Dec 2023 · Morajkar Estates LLP
Panchmukhi
declared completion Dec 2023 · Jayshakti Builders AND 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