MahaRERA Property Intelligence · Mumbai City

PARSHWA LOTUS & RANGARI HEIGHTS

P51900014590 · CHINCPOKALI · promoter Gold Plaza Developers

Certificate SignedDue 13 Jan 2027

Delivery & Registration

MahaRERA registrationP51900014590
Registered on15 Dec 2017
Promoter-declared completion13 Jan 2027
Current statusCertificate Signed
Against today6 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, Gold Plaza Developers is the promoter of record on 8 projects, of which 1 carries 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 ~75.7% of the estimated project cost incurred as of the last certificate (₹52.83 Cr spent against a ₹69.80 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.

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 171 homes filed with MahaRERA, 151 are sold/booked and 20 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹164.36 Cr in agreement value so far. Of that, ₹149.12 Cr (~91%) is already collected, ₹15.24 Cr receivable — a read on how far along these sales really are. Note: the project registers 395 homes in total, but this sold/unsold inventory filing covers only 171 of them — the other 224 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 151 registered agreements, the effective carpet rate is ₹20,299/sqft (typical range ₹16,242–₹23,819) — 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 12B 1201616 sqft (57.21 sqm)₹1.69 Cr
Floor 13B 1301616 sqft (57.21 sqm)₹1.69 Cr
Floor 15B 1501616 sqft (57.21 sqm)₹1.69 Cr
Floor 21B 2101616 sqft (57.21 sqm)₹1.69 Cr
Floor 21B 2103669 sqft (62.17 sqm)₹1.84 Cr
Floor 21B 2105614 sqft (57.04 sqm)₹1.69 Cr
Floor 22B 2201616 sqft (57.21 sqm)₹1.69 Cr
Floor 22B 2202651 sqft (60.52 sqm)₹1.79 Cr
Floor 23B 2301616 sqft (57.21 sqm)₹1.69 Cr
Floor 23B 2302651 sqft (60.52 sqm)₹1.79 Cr
Floor 23B 2303669 sqft (62.17 sqm)₹1.84 Cr
Floor 23B 2305614 sqft (57.04 sqm)₹1.69 Cr
Floor 3B 301616 sqft (57.21 sqm)₹1.69 Cr
Floor 4B 401616 sqft (57.21 sqm)₹1.69 Cr
Floor 4B 405614 sqft (57.04 sqm)₹1.69 Cr
Floor 5B 501616 sqft (57.21 sqm)₹1.69 Cr
Floor 5B 505614 sqft (57.04 sqm)₹1.69 Cr
Floor 6B 601616 sqft (57.21 sqm)₹1.69 Cr
Floor 8B 801616 sqft (57.21 sqm)₹1.69 Cr
Floor 9B 901616 sqft (57.21 sqm)₹1.69 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.

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+27 and 395 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PARSHWA LOTUS1G+27127-
A WING RANGARI HEIGHTS1G+27268-

Unit mix on the filing: 370 residential and 25 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1240128730/12/2024rajendra singhvi vs GOLD PLAZA DEVELOPERS PVT LTDpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 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
30 Dec 202315 Jan 2025Applying for Project Extension
30 Dec 202314 Jan 2026The construction project is nearing completion, with only a few finishing tasks remaining. Due to funding constraints, there was a delay in the completion of the project. However,
30 Dec 202313 Jan 2027The construction project is nearing completion, with only a few finishing tasks remaining. Due to funding constraints, there was a delay in the completion of the project. However,

Location, Land & Connectivity

Located at CHINCPOKALI, DR.B.A.ROAD, Ward E, Mumbai City, 400033. Per the filed land record, the plot is bounded to the north by NTC MILL, to the south by SAMARTH HANUMAN PARTH, to the east by DR B A ROAD and to the west by OMKAR MHADA BUILDING. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district3 km
Nariman Point / Fort5 km
Bandra Kurla Complex (BKC)11 km
Chhatrapati Shivaji Int'l Airport14 km
Powai / Hiranandani business park18 km
Andheri MIDC / SEEPZ18 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

Gold Plaza Developers PVT LTD 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 Gold Plaza Developers PVT LTD

Gold Plaza Developers PVT LTD
FlaggedMumbai City
Gold Plaza Developers PVT LTD
FlaggedMumbai City

Other RERA-registered projects in Mazgaon

Pier 33
possession by Sep 2026 · Esque Finmark Private Limited
Atlantis Residency
possession by Dec 2026 · JK Builders
Simana - Wing B - Phase 1
possession by Dec 2026 · Bhoomi Properties
Vardhman Flora Phase I
possession by Dec 2026 · Vardhman Developers LTD
Darshan Aura
possession by Dec 2028 · Darshan SKY High Constructions LLP
Infinity Residences
possession by Dec 2028 · Infinity Associates

Major developers building in Mazgaon

Other RERA-registered projects in Mumbai City

Parvati Enclave
declared completion Jun 2024 · Parekh Constructions
Pawapuri
declared completion Jun 2022 · Blue Lotus Jewellery Pvt.ltd
Pearl Aurelia
declared completion Mar 2022 · Rishiraj Builders LLP
Pearl Bay View
possession by Dec 2026 · Pearl Concept Constructions
Pearl Crest
declared completion Dec 2021 · Rishiraj Developers Private Limited
Pearl Elegance
possession by Dec 2028 · Pearl Concept Realty LLP

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