MahaRERA Property Intelligence · Raigarh

PURANIK CITY SECTOR 1

P52000017996 · Pimploli Karjat · promoter Puranik Builders Limited

Certificate SignedDue 01 Jan 2028

Delivery & Registration

MahaRERA registrationP52000017996
Registered on03 Oct 2018
Promoter-declared completion01 Jan 2028
Current statusCertificate Signed
Against today18 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, Puranik Builders Limited is the promoter of record on 40 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.

Construction Progress

MahaRERA's cost filing puts construction at ~45.1% of the estimated project cost incurred as of the last certificate (₹4.77 Cr spent against a ₹10.58 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 222 homes filed with MahaRERA, 173 are sold/booked (164 with registered agreements + 9 booked) and 49 remain available (~78% sold) — selling steadily. Buyers have committed ₹29.54 Cr in agreement value so far. Of that, ₹22.44 Cr (~76%) is already collected, ₹7.10 Cr receivable — a read on how far along these sales really are. Note: the project registers 228 homes in total, but this sold/unsold inventory filing covers only 222 of them — the other 6 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 173 registered agreements, the effective carpet rate is ₹5,121/sqft (typical range ₹4,668–₹5,621) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 3 reserved and 3 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+7 and 228 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
JBC1G+77101 Jan 2025
HB1G+74701 Jan 2025
MB 11G+74701 Jan 2025
LBS1G+76301 Jan 2025
MB 21G+7-01 Jan 2027

Unit mix on the filing: 216 residential and 12 non-residential (shops/offices).

Complaints & Orders

7 complaints are on the MahaRERA record for this project, with orders passed in 5. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000017153313/11/2019CHAITALI SHINDE vs Puranik Builders Limitedorder passed
CC00600000039803402/01/2024GANESH KAMTAPRASAD PAL vs PURANIKS BUILDERSorder passed
CC1250086913/03/2025Mrs. Priya Sandeep Pawaskar vs Puranik Builders Limitedorder passed
CC1250276006/08/2025Mohd Istekhar Qamar Hussain Ansari vs Puranik Builders Limitedorder passed
CC1250296522/08/2025Puranik Builders Limited vs GANESH KAMTAPRASAD PALorder passed
CC1260257803/05/2026Priya Hadkar vs Puranik Builders Limitedpending / no order on file
CC1260421105/07/2026Manisha Tilekar vs Puranik Builders Limitedpending / no order on file

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High CourtStamp No. 26392025Ongoing

Location, Land & Connectivity

Located at Pimploli Karjat, Village Road, Thane, Thane, 410201. Per the filed land record, the plot is bounded to the north by 18 mtr wide road, to the south by S No 45-4C, to the east by 12 mtr wide road and Plot 3 and to the west by S No 46. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~48 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 park48 km
Bandra Kurla Complex (BKC)51 km
Chhatrapati Shivaji Int'l Airport51 km
Andheri MIDC / SEEPZ52 km
Lower Parel / Worli business district55 km
Nariman Point / Fort56 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

Puranik Builders Limited is the promoter on 20 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Puranik Builders Limited project & its RERA track record →

Other flagged projects by Puranik Builders Limited

Puranik Builders Limited
FlaggedThane
Puranik Builders Limited
FlaggedRaigarh
Puranik Builders Limited
FlaggedRaigarh
Puranik Builders Limited
FlaggedRaigarh
Puranik Builders Limited
Deregistered by MahaRERARaigarh
Puranik Builders Limited
Deregistered by MahaRERARaigarh

Other RERA-registered projects in Karjat

Dhanlaxmi Heights
possession by Sep 2026 · Dhanlaxmi Developers
Warai Woods Ph 2
Not filing quarterly progress reports · possession by Nov 2026 · Nahar Riddhi Siddhi Developers
Jambrung Valley
possession by Nov 2026 · Kirtiraj Nanasaheb Sawant
Bliss Studio
possession by Dec 2026 · Balsam Builders
Beverly Hills
possession by Dec 2026 · Rudram Infra Projects Private Limited
Jupiter Heights
Not filing quarterly progress reports · possession by Dec 2026 · Jupiter Heights

Major developers building in Karjat

Other RERA-registered projects in Raigarh

Puranik City Sector 2
possession by Jul 2028 · Puranik Builders Limited
Puranik City Sector 3
possession by Sep 2029 · Puranik Builders Limited
Puranik City Sector 4A
possession by May 2031 · Puranik Builders Limited
Puranik City Sector 5
possession by Jan 2029 · Puranik Builders Limited
Puranik City Sector 6
possession by Apr 2029 · Puranik Builders Limited
Purple Lotus - Suites
declared completion Dec 2024 · Vitthal Rakhumai Enterprises Private Lim

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