MahaRERA Property Intelligence · Raigarh

Paraskunj

P52000053821 · Panvel · promoter Punit Enterprises

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP52000053821
Registered on01 Dec 2023
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Punit Enterprises is the promoter of record on 12 projects, of which 2 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 ~36.2% of the estimated project cost incurred as of the last certificate (₹3.48 Cr spent against a ₹9.61 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. With only ~8 months to the declared date and ~36.2% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 21 homes filed with MahaRERA, 7 are sold/booked and 14 remain available (~33% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.76 Cr in agreement value so far. Of that, ₹2.28 Cr (~61%) is already collected, ₹1.48 Cr receivable — a read on how far along these sales really are. Note: the project registers 44 homes in total, but this sold/unsold inventory filing covers only 21 of them — the other 23 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 7 registered agreements, the effective carpet rate is ₹11,355/sqft (typical range ₹8,001–₹34,030) — 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 1Office 1579 sqft (53.78 sqm)₹55.88 Lakh
Floor 1Office 2579 sqft (53.78 sqm)₹55.88 Lakh
Floor 1Office 3751 sqft (69.74 sqm)₹72.46 Lakh
Floor 101001603 sqft (55.99 sqm)₹52.69 Lakh
Floor 3302572 sqft (53.18 sqm)₹50.04 Lakh
Floor 5501603 sqft (55.99 sqm)₹52.69 Lakh
Floor 6601603 sqft (55.99 sqm)₹52.69 Lakh
Floor 6602572 sqft (53.18 sqm)₹50.04 Lakh
Ground/Floor 0Shop 1257 sqft (23.9 sqm)₹27.37 Lakh
Ground/Floor 0Shop 3129 sqft (11.98 sqm)₹13.72 Lakh
Ground/Floor 0Shop 4190 sqft (17.68 sqm)₹20.24 Lakh
Ground/Floor 0Shop 5169 sqft (15.71 sqm)₹17.99 Lakh
Ground/Floor 0Shop 8145 sqft (13.49 sqm)₹15.45 Lakh
Ground/Floor 0Shop 9261 sqft (24.26 sqm)₹27.78 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+10 and 44 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Paraskunj1G+1044-

Unit mix on the filing: 32 residential and 12 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.

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
31 Mar 202631 Mar 2027We, Punit Enterprises, the promoter of the project Paraskunj (Registration No. P52000053821) under MahaRERA, hereby submit our request for an extension of time for the completion o

Location, Land & Connectivity

Located at Panvel, Plot No- 119/3, 119/4, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by Adj Final Plot No-120, to the south by 12M Wide Road, to the east by 12M Wide Road and to the west by Final Plot No-119-2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~27 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 park27 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport29 km
Lower Parel / Worli business district30 km
Andheri MIDC / SEEPZ30 km
Nariman Point / Fort32 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

Punit Enterprises 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 Punit Enterprises

Other RERA-registered projects in Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Parasmai
declared completion Jun 2024 · Rati Builders AND Developers
Parijaat
declared completion Jun 2025 · Panorama Heights
Parijat CHS
possession by Dec 2026 · Priyal Realty
Parivaramm Phase -I
declared completion Mar 2025 · Vijay Ashok Jeswani
Parivaramm Phase -II
possession by Aug 2026 · Vijay Ashok Jeswani
Park 11
possession by May 2029 · Homely Land Developers AND Builders

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