Sahakar Vista
MahaRERA Property Intelligence · Mumbai Suburban
P51800031874 · Dahisar West · promoter Gaiagen Technologies Private
| MahaRERA registration | P51800031874 |
| Registered on | 22 Nov 2021 |
| Promoter-declared completion | 17 Dec 2024 |
| Current status | Certificate Signed |
| Against today | about 19 months past the declared date |
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.
Across MahaRERA, Gaiagen Technologies Private is the promoter of record on 4 projects, of which none currently 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.
Of 105 homes filed with MahaRERA, 92 are sold/booked and 13 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹173.39 Cr in agreement value so far. Of that, ₹173.39 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 158 homes in total, but this sold/unsold inventory filing covers only 105 of them — the other 53 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 91 registered agreements, the effective carpet rate is ₹25,719/sqft (typical range ₹24,426–₹28,546) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 01 | 1,071 sqft (99.5 sqm) | ₹1.47 Cr |
| Floor 1 | 02 | 887 sqft (82.4 sqm) | ₹1.22 Cr |
| Floor 1 | 03 | 887 sqft (82.4 sqm) | ₹1.22 Cr |
| Floor 1 | 04 | 749 sqft (69.58 sqm) | ₹1.03 Cr |
| Floor 1 | 05 | 749 sqft (69.58 sqm) | ₹1.03 Cr |
| Floor 1 | 06 | 1,163 sqft (108.05 sqm) | ₹1.60 Cr |
| Floor 15 | 151 | 687 sqft (63.82 sqm) | ₹82.04 Lakh |
| Floor 15 | 152 | 689 sqft (64.01 sqm) | ₹82.28 Lakh |
| Floor 16 | 161 | 687 sqft (63.82 sqm) | ₹82.04 Lakh |
| Floor 16 | 162 | 689 sqft (64.01 sqm) | ₹82.28 Lakh |
| Ground/Floor 0 | 07 | 767 sqft (71.26 sqm) | ₹1.24 Cr |
| Ground/Floor 0 | 8 | 767 sqft (71.26 sqm) | ₹1.24 Cr |
| Ground/Floor 0 | 9 | 1,112 sqft (103.31 sqm) | ₹1.79 Cr |
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.
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+19 and 158 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PARK RESIDENCES | 1 | G+19 | 158 | - |
Unit mix on the filing: 143 residential and 15 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12503530 | 03/10/2025 | MEHUL HARISH SHAH vs Gaiagen Technologies Private Limited | order passed |
The promoter has had the MahaRERA completion deadline formally extended 5 times. 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 Jan 2023 | 30 Nov 2023 | Due to the current weather conditions we are facing hardship at site leading to delays in balance work completion. This is leading to further delays in the overall completion of th |
| 31 Jan 2023 | 31 Aug 2023 | Labour shortage during festival season has delayed the balance works leading to further delay in the various permissions required for completion of the project. Due to the this con |
| 31 Jan 2023 | 31 Jan 2024 | We have made an application dated 27-10-2023 to the MCGM for occupancy certificate of the project and we have not received any permission as on date. Due to the above condition, we |
| 31 Jan 2023 | 31 May 2023 | The project is delayed due to no allotment / sale of flats as a result of Covid 19 pandemic leading to the shortage of funds and due to delay in permission from various authorities |
| 31 Jan 2023 | 17 Dec 2024 | We have made an application dated 27-10-2023 to the MCGM for occupancy certificate of the project and we have received the complete occupancy certificate on 17-12-2024 and the same |
Located at Dahisar West, C.T.S No. 918A, Jaywant Sawant Road, Dahisar West, R/North Central Ward, Andheri, Mumbai Suburban, 400068. Per the filed land record, the plot is bounded to the north by Pereira wadi Road, to the south by Balkrishna Niwas, to the east by Jaywant Sawant Road and to the west by Gomanth Nagar Carvalho CHS. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 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.
🔒 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.
🔒 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.
Should you buy in PARK RESIDENCES?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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