MahaRERA · the public record
PANCHRATNA-NX
Naigaon Dadar East · SUDHIR KISHOR DESAI
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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
31 Dec 2026
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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MahaRERA · P51900007684
Delivery and registration
When is the project declared for completion?
PANCHRATNA-NX is registered with MahaRERA as P51900007684 and the promoter has declared completion for 31 Dec 2026.
31 Dec 2026
declared completion
3months 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 | P51900007684 |
| Registered on | 17 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 3 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 PANCHRATNA-NX record 35 quarterly progress reports since registration.
35quarterly 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
- Filing progress reports — 35 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Sudhir Kishor Desai is the promoter of record on 56 projects registered with MahaRERA, 12 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
56projects
registered with MahaRERA
12flagged
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 PANCHRATNA-NX, ₹26.68 Cr of a declared ₹29.26 Cr estimated project cost is reported as incurred, about 91.2%, as at the last certified filing with MahaRERA.
91.2%
₹26.68 Cr
of ₹29.26 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 PANCHRATNA-NX, 30 of 53 homes filed with MahaRERA are recorded as sold or booked (28 with registered agreements and 2 booked), about 57%, and 23 remain available.
57%sold
30 of 53 homes
₹38.18 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, ₹31.40 Cr (about 82%) is recorded as collected and ₹6.78 Cr as receivable. The project registers 130 homes in total, while this sold/unsold inventory filing covers 53 of them.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 30 registered agreements, the effective carpet rate is ₹22,448/sqft, with eight in ten falling between ₹20,560 and ₹26,524 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 1 | Office 101 | 1,990 sqft (184.9 sqm) | ₹5.17 Cr |
| Floor 1 | Office 102 | 1,155 sqft (107.28 sqm) | ₹3.00 Cr |
| Floor 11 | 1102 | 432 sqft (40.14 sqm) | ₹97.62 Lakh |
| Floor 13 | 1303 | 562 sqft (52.21 sqm) | ₹1.27 Cr |
| Floor 14 | 1401 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 15 | 1501 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 16 | 1601 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 16 | 1602 | 432 sqft (40.14 sqm) | ₹97.62 Lakh |
| Floor 16 | 1603 | 562 sqft (52.21 sqm) | ₹1.27 Cr |
| Floor 17 | 1703 | 562 sqft (52.21 sqm) | ₹1.27 Cr |
| Floor 18 | 1801 | 968 sqft (89.96 sqm) | ₹2.19 Cr |
| Floor 18 | 1802 | 716 sqft (66.52 sqm) | ₹1.62 Cr |
| Floor 19 | 1902 | 716 sqft (66.52 sqm) | ₹1.62 Cr |
| Floor 20 | 2001 | 968 sqft (89.96 sqm) | ₹2.19 Cr |
| Floor 20 | 2002 | 716 sqft (66.52 sqm) | ₹1.62 Cr |
| Floor 4 | 401 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 4 | 402 | 432 sqft (40.14 sqm) | ₹97.62 Lakh |
| Floor 5 | 501 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 6 | 601 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 7 | 701 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 8 | 801 | 681 sqft (63.26 sqm) | ₹1.54 Cr |
| Floor 8 | 802 | 432 sqft (40.14 sqm) | ₹97.62 Lakh |
| Ground/Floor 0 | Shop 11 | 333 sqft (30.95 sqm) | ₹1.01 Cr |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 13 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 30 homes carry one, and 23 of the 53 are recorded unsold.
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 |
|---|---|---|---|
| 1303 | 562 sqft | Rs 1.2505 cr typical, over Rs 97.50 lakh to Rs 1.4375 cr | 12 filed on this stack, floors 3–15 |
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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In PANCHRATNA-NX, 18 of the 23 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+22 and 130 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PANCHRATNA SRA CHS LTD | 1 | G+22 | 67 | 31 Dec 2020 |
| PANCHRATNA-NX | 1 | G+19 | 63 | 31 Dec 2020 |
Unit mix on the filing: 105 residential and 25 non-residential (shops/offices).
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Legal & Litigation
The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Appellate Side Bombay | ST NO 20007 | 2015 | Dismissed |
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 31 Dec 2024 | AS PER APPLICATION ATTACHED |
| 31 Dec 2024 | 31 Dec 2026 | Please refer to the submission attached |
Location, Land & Connectivity
Located at Naigaon Dadar East, B.J.Devrukhkar Road & S.M. Jadhav Road, Vasai, Palghar, 400014. Per the filed land record, the plot is bounded to the north by P NO 60, to the south by B J DEVRUKHKAR ROAD, to the east by P NO 64 AND 66 and to the west by S M JADHAV ROAD. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 2 km |
| Bandra Kurla Complex (BKC) | 6 km |
| Chhatrapati Shivaji Int'l Airport | 9 km |
| Nariman Point / Fort | 10 km |
| Andheri MIDC / SEEPZ | 13 km |
| Powai / Hiranandani business park | 13 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.