MahaRERA Property Intelligence · Palghar

PARADISE RESIDENCY

P99000004196 · NEW VIVA COLLEGE · promoter Parikh Investment And

Certificate SignedDue 30 Dec 2021

Delivery & Registration

MahaRERA registrationP99000004196
Registered on08 Aug 2017
Promoter-declared completion30 Dec 2021
Current statusCertificate Signed
Against todayabout 55 months past 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, Parikh Investment And is the promoter of record on 43 projects, of which 3 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.

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+10.

BuildingWingsFloorsDeclared completion
PARADISE RESIDENCY1G+1030 Dec 2020

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Dec 202130 Dec 2020as per the Revised Development permission dated 25th October 2019

Location, Land & Connectivity

Located at NEW VIVA COLLEGE, NEAR NEW VIVA COLLEGE, Borivali, Mumbai Suburban, 401303. Per the filed land record, the plot is bounded to the north by 12 METER INTERNAL D P ROAD, to the south by WEST END UNITECH CHS, to the east by CFC PLOT SURVEY NO 369 and to the west by 12 METER INTERNAL D P ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~37 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ37 km
Powai / Hiranandani business park39 km
Chhatrapati Shivaji Int'l Airport42 km
Bandra Kurla Complex (BKC)44 km
Lower Parel / Worli business district51 km
Nariman Point / Fort59 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

Parikh Investment AND Development Pvt. Ltd. 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 flagged projects by Parikh Investment AND Development Pvt. Ltd.

Parikh Investment AND Development Pvt. Ltd.
FlaggedPalghar

Other RERA-registered projects in Virar West

Padman Residency
Not filing quarterly progress reports · possession by Jul 2026 · Hemant Parshuram Bhoir
Vinay Unique Residency Bldg NO 7
possession by Sep 2026 · Jasamrit Estates Private Limited
Mayfair Virar Gardens Building NO 23, 24 And 25
possession by Sep 2026 · Mayfair Housing
Dattachhaya
possession by Nov 2026 · Jagdish Manohar Mhatre
Solaris Wing E-1 Hdil Layout
possession by Dec 2026 · Sunshine Developers
Star ERA
possession by Dec 2026 · Star Builders & Developers

Major developers building in Virar West

Other RERA-registered projects in Palghar

Paramount Enclave Bldg 02
declared completion Dec 2025 · Swastik Enterprises
Paramount Enclave Bldg NO 3A 3B
possession by Dec 2028 · SUN Infra
Paramount Enclave Bldg NO 4
declared completion Mar 2026 · AV Affordable Housing LLP
Paramount Enclave Bldg NO 5A
declared completion Mar 2026 · Omkar Developers
Paramount Enclave Bldg NO 5B
declared completion Mar 2024 · Admire Sarvada Builder & Developers
Paramount Enclave Building NO 2 Type D A Wing
possession by Dec 2027 · Skyline 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