Mumbai/Project record

MahaRERA · the public record

PANVELKAR NISARG PHASE - II

JOVELI · Panvelkar Realty Private Limited

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15units filed as unsoldInventory · 17 September 2026
30 Jun 2026declared completionMahaRERA registration · read 12 Jul 2026
107registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & 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

30 Jun 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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The source record

The details behind the headline.

MahaRERA · P51700021321

Delivery and registration

When is the project declared for completion?

PANVELKAR NISARG PHASE - II is registered with MahaRERA as P51700021321 and the promoter has declared completion for 30 Jun 2026.

30 Jun 2026

declared completion

3months past

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 registrationP51700021321
Registered on21 Jun 2019
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 3 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for PANVELKAR NISARG PHASE - II record 27 quarterly progress reports since registration.

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 — 27 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Panvelkar Realty is the promoter of record on 19 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

19projects

registered with MahaRERA

3flagged

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 PANVELKAR NISARG PHASE - II, ₹11.47 Cr of a declared ₹11.95 Cr estimated project cost is reported as incurred, about 96.0%, as at the last certified filing with MahaRERA.

96.0%

₹11.47 Cr

of ₹11.95 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 PANVELKAR NISARG PHASE - II, 92 of 107 homes filed with MahaRERA are recorded as sold or booked, about 86%, and 15 remain available.

86%sold

92 of 107 homes

₹22.27 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, ₹20.04 Cr (about 90%) is recorded as collected and ₹2.24 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 92 registered agreements, the effective carpet rate is ₹6,406/sqft, with eight in ten falling between ₹6,131 and ₹7,246 — 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.

FloorUnitCarpetGovt reckoner value
Floor 1103359 sqft (33.39 sqm)₹15.59 Lakh
Floor 1104407 sqft (37.85 sqm)₹17.68 Lakh
Floor 1105419 sqft (38.96 sqm)₹18.19 Lakh
Floor 1106359 sqft (33.39 sqm)₹15.59 Lakh
Floor 7706359 sqft (33.39 sqm)₹15.59 Lakh
Floor 9904457 sqft (42.48 sqm)₹19.84 Lakh
Ground/Floor 0Shop No.06141 sqft (13.14 sqm)₹6.14 Lakh
Ground/Floor 0Shop No.09141 sqft (13.14 sqm)₹6.14 Lakh
Ground/Floor 0Shop No.10178 sqft (16.5 sqm)₹7.71 Lakh
Ground/Floor 0Shop No.11124 sqft (11.55 sqm)₹5.39 Lakh
Ground/Floor 0Shop No.12160 sqft (14.87 sqm)₹6.94 Lakh
Ground/Floor 0Shop No.13110 sqft (10.26 sqm)₹4.79 Lakh
Ground/Floor 0Shop No.14178 sqft (16.5 sqm)₹7.71 Lakh
Ground/Floor 0Shop No.15178 sqft (16.5 sqm)₹7.71 Lakh
Ground/Floor 0Shop No.16142 sqft (13.2 sqm)₹6.16 Lakh

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 17 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 92 homes carry one, and 15 of the 107 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
103359 sqftRs 22.80 lakh typical, over Rs 12.13 lakh to Rs 24.60 lakh8 filed on this stack, floors 2–9

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 PANVELKAR NISARG PHASE - II, 9 of the 15 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.

See the other 14 homes — ₹2,999 →

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 107 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A - 11G+8107-

Unit mix on the filing: 90 residential and 17 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 2025We have obtained revised sanction for the said project and correction for the same has been already updated on the site.
31 Dec 202530 Jun 2026Dear Sir, We have registered under Real Estate Regulatory Act, 2016 bearing registration number P51700021321.The date of completion of project Panvelkar Nisarg Phase 2- Building A1

Location, Land & Connectivity

Located at JOVELI, JOVELI, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by HISSA NO 30, to the south by BUILDING NO 3, to the east by 15MT ROAD HISSA NO 32 and to the west by HISSA NO 22 23 24. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~36 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 park36 km
Andheri MIDC / SEEPZ39 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)40 km
Lower Parel / Worli business district46 km
Nariman Point / Fort50 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.

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Builder track record

Panvelkar Realty Private Limited is the promoter on 2 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 RERA-registered projects in Badlapur

Jagannath Paradise
possession by Sep 2026 · Mayur Group
JAY Meghdoot Chsl
possession by Sep 2026 · S R Developers
Kendale Emeralds
possession by Sep 2026 · Kendale Developers
Krishna Sudama Residency
possession by Sep 2026 · SAI Homes
MAA Bhawani Empire
Deregistered by MahaRERA · possession by Sep 2026 · MAA Bhawani Construction
Raghu Anand Villa
possession by Sep 2026 · United Developers

Other RERA-registered projects in Thane

Panvelkar Nisarg Phase II Building A2
possession by Dec 2026 · Panvelkar Realty Pvt Ltd
Panvelkar Prestige Phase 2
declared completion May 2023 · Eshan Developers
Panvelkar RIO
declared completion Jun 2024 · Panvelkar Group Realty
Panvelkar Srushti
declared completion Dec 2022 · Kashikar Infrastructures Private Limited
Panvelkar Utsav - Phase 2
declared completion Dec 2025 · Sai Swarg Enterprises
Paradise C H S Ltd
possession by Oct 2030 · Paradise CHS Ltd

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: 20 Sep 2026