MahaRERA Property Intelligence · Raigarh

Prakriti Park-Ashoka (A Wing)

P52000008575 · Panvel · promoter Khwaish Enterprises

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000008575
Registered on19 Aug 2017
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Khwaish Enterprises is the promoter of record on 3 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.

Construction Progress

MahaRERA's cost filing puts construction at ~56.4% of the estimated project cost incurred as of the last certificate (₹8.56 Cr spent against a ₹15.17 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 106 homes filed with MahaRERA, 74 are sold/booked (60 with registered agreements + 14 booked) and 32 remain available (~70% sold) — selling steadily. Buyers have committed ₹20.10 Cr in agreement value so far. Of that, ₹12.48 Cr (~62%) is already collected, ₹7.62 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 74 registered agreements, the effective carpet rate is ₹7,441/sqft (typical range ₹5,993–₹8,052) — 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 1103495 sqft (45.99 sqm)₹31.67 Lakh
Floor 1107595 sqft (55.28 sqm)₹38.07 Lakh
Floor 1108397 sqft (36.89 sqm)₹25.40 Lakh
Floor 1109368 sqft (34.19 sqm)₹23.54 Lakh
Floor 101003495 sqft (45.99 sqm)₹34.04 Lakh
Floor 101004358 sqft (33.23 sqm)₹24.60 Lakh
Floor 101005358 sqft (33.23 sqm)₹24.60 Lakh
Floor 101006391 sqft (36.33 sqm)₹26.89 Lakh
Floor 101007595 sqft (55.28 sqm)₹40.92 Lakh
Floor 101008397 sqft (36.89 sqm)₹27.31 Lakh
Floor 111104358 sqft (33.23 sqm)₹24.60 Lakh
Floor 121202282 sqft (26.22 sqm)₹19.41 Lakh
Floor 121204358 sqft (33.23 sqm)₹31.00 Lakh
Floor 121205358 sqft (33.23 sqm)₹24.60 Lakh
Floor 121206391 sqft (36.33 sqm)₹26.89 Lakh
Floor 121209368 sqft (34.19 sqm)₹25.31 Lakh
Floor 2207595 sqft (55.28 sqm)₹38.07 Lakh
Floor 3309368 sqft (34.19 sqm)₹23.54 Lakh
Floor 4404358 sqft (33.23 sqm)₹22.88 Lakh
Floor 4405358 sqft (33.23 sqm)₹30.00 Lakh
Floor 4408397 sqft (36.89 sqm)₹25.40 Lakh
Floor 5507595 sqft (55.28 sqm)₹39.97 Lakh
Floor 5508397 sqft (36.89 sqm)₹26.67 Lakh
Floor 5509368 sqft (34.19 sqm)₹24.72 Lakh
Floor 6607595 sqft (55.28 sqm)₹39.97 Lakh
Floor 7705358 sqft (33.23 sqm)₹24.03 Lakh
Floor 7707595 sqft (55.28 sqm)₹39.97 Lakh
Floor 7708397 sqft (36.89 sqm)₹26.67 Lakh
Floor 8804358 sqft (33.23 sqm)₹24.03 Lakh
Floor 8805358 sqft (33.23 sqm)₹24.03 Lakh
Floor 9906391 sqft (36.33 sqm)₹26.27 Lakh
Floor 9909368 sqft (34.19 sqm)₹24.72 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+13 and 106 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Prakriti Park-Ashoka A Wing1G+13106-

Unit mix on the filing: 106 residential.

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 Dec 202731 Dec 2027There is change in promoter from Marvel life space to Khwaish Enterprises hence for swift completion of entire project we require extension till 31.12.27. Also there are zero allot

Location, Land & Connectivity

Located at Panvel , Raigarh, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by SURVEY NO 3 H NO 8, to the south by BUILDING NO 4 5 6, to the east by 6 METRE WIDE ROAD and to the west by SURVEY NO 3 H NO 13. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~20 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 park20 km
Bandra Kurla Complex (BKC)24 km
Andheri MIDC / SEEPZ24 km
Chhatrapati Shivaji Int'l Airport24 km
Lower Parel / Worli business district30 km
Nariman Point / Fort34 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 →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Builder track record

Khwaish 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 Khwaish Enterprises

Khwaish Enterprises
FlaggedRaigarh
Khwaish Enterprises
FlaggedRaigarh

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

Prakriti Park-Chandan
possession by Dec 2028 · Khwaish Enterprises
Prakriti Park-Gulmohar
possession by Dec 2028 · Khwaish Enterprises
Prakriti Sparsh
declared completion Dec 2023 · Prakriti Housing LL
Pramila Sadan
declared completion Dec 2023 · J.k.infra Builders & Developers
Pramukh Anand
possession by Dec 2028 · Vatsal Foundation
Pramukh Darshan
declared completion May 2018 · Pramukh Enterprises

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