MahaRERA Property Intelligence · Raigarh

RAPID RESIDENCY

P52000010355 · NERAL · promoter Park View Developers

Certificate SignedDue 30 Jun 2021

Delivery & Registration

MahaRERA registrationP52000010355
Registered on24 Aug 2017
Promoter-declared completion30 Jun 2021
Current statusCertificate Signed
Against todayabout 61 months past 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, Park View Developers is the promoter of record on 135 projects, of which 25 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.

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+12.

BuildingWingsFloorsDeclared completion
RAPID RESIDENCY PHASE 3 BLG NO 1 2 AND 31G+12-
RAPID RESIDENCY PHASE 2 BLDG NO 1 2 3 4 5 6 8 101G+9-
RAPID RESIDENCY PHASE 2 BLDG NO 7 9 12 15 161G+12-
RAPID RESIDENCY PHASE 2 BLDG NO 11 13 141G+9-
RAPID RESIDENCY PHASE 1 BLDG NO 5 6 71G+8-
RAPID RESIDENCY PHASE 1 BLDG NO 81G+4-
RAPID RESIDENCY PHASE 1 BLDG NO 91G+4-
RAPID RESIDENCY PHASE 1 BLDG NO 101G+4-
RAPID RESIDENCY PHASE 1 BLDG NO 111G+5-
RAPID RESIDENCY PHASE 1 BLDG NO 121G+2-
RAPID RESIDENCY PHASE 1 BLDG NO 131G+2-

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000010035031/07/2019Kaid-E-Johar Abedin Tarwala vs PARK VIEW DEVELOPERSorder passed
CC1250145630/04/2025Mahendra Shivaji Bergal vs PARK VIEW DEVELOPERSorder passed

Location, Land & Connectivity

Located at NERAL , Matoshree Nagar, Ward ABCD, Mumbai City, 410103. Per the filed land record, the plot is bounded to the north by S NO 64 OTHER PARTS, to the south by KHORADELS PROPERTY, to the east by GRAM PANCHAYAT ROAD and to the west by KHORADERLS PROPERTY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~49 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 park49 km
Bandra Kurla Complex (BKC)50 km
Chhatrapati Shivaji Int'l Airport51 km
Nariman Point / Fort52 km
Lower Parel / Worli business district52 km
Andheri MIDC / SEEPZ52 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

Park View Developers is the promoter on 3 MahaRERA-registered projects, of which 1 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:

Other flagged projects by Park View Developers

Park View Developers
Past its declared completion dateMumbai City
Park View Developers
FlaggedRaigarh

Other RERA-registered projects in Raigarh

Rasika Builders AND Developers Neral
declared completion Dec 2017 · Ravindra Ramchandra Bhoir
Rasika Residency
possession by Mar 2027 · Siddhivinayak Buildcon
Ratan Residency
declared completion Mar 2025 · Rattan Realty
Ratan Villa
declared completion Mar 2019 · Tulsi Constructions Company
Rathods
declared completion Mar 2026 · Dharmendra Rathod
Rati Coastalbay
possession by Dec 2028 · Rati Realty And Developers 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