MahaRERA Property Intelligence · Raigarh

SAGARIKA CO OP HSG SOCIETY LTD

P52000022792 · NEW PANVEL (W) · promoter Sagarika Co Op

Certificate SignedDue 30 Jul 2027

Delivery & Registration

MahaRERA registrationP52000022792
Registered on30 Oct 2019
Promoter-declared completion30 Jul 2027
Current statusCertificate Signed
Against today12 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.

Construction Progress

MahaRERA's cost filing puts construction at ~67.3% of the estimated project cost incurred as of the last certificate (₹11.30 Cr spent against a ₹16.80 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 67 homes filed with MahaRERA, 44 are sold/booked and 23 remain available (~66% sold) — selling steadily. Buyers have committed ₹29.21 Cr in agreement value so far. Of that, ₹24.30 Cr (~83%) is already collected, ₹4.91 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 43 registered agreements, the effective carpet rate is ₹12,821/sqft (typical range ₹9,202–₹14,616) — 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 101007543 sqft (50.48 sqm)₹49.32 Lakh
Floor 101008604 sqft (56.12 sqm)₹54.82 Lakh
Floor 111105604 sqft (56.11 sqm)₹54.82 Lakh
Floor 111107543 sqft (50.48 sqm)₹49.32 Lakh
Floor 111108604 sqft (56.11 sqm)₹54.82 Lakh
Floor 121207543 sqft (50.48 sqm)₹49.32 Lakh
Floor 121208604 sqft (56.12 sqm)₹54.82 Lakh
Floor 131301407 sqft (37.78 sqm)₹36.91 Lakh
Floor 131305604 sqft (56.12 sqm)₹54.82 Lakh
Floor 131307608 sqft (56.48 sqm)₹49.32 Lakh
Floor 131308604 sqft (56.12 sqm)₹54.82 Lakh
Floor 141401407 sqft (37.78 sqm)₹36.91 Lakh
Floor 141402415 sqft (38.56 sqm)₹37.67 Lakh
Floor 141403611 sqft (56.73 sqm)₹55.42 Lakh
Floor 141404604 sqft (56.11 sqm)₹54.82 Lakh
Floor 141405604 sqft (56.11 sqm)₹54.82 Lakh
Floor 141406543 sqft (50.48 sqm)₹49.32 Lakh
Floor 141407608 sqft (56.48 sqm)₹55.18 Lakh
Floor 141408604 sqft (56.12 sqm)₹54.82 Lakh
Floor 2204604 sqft (56.11 sqm)₹54.82 Lakh
Floor 2208604 sqft (56.11 sqm)₹54.82 Lakh
Floor 4405604 sqft (56.11 sqm)₹54.82 Lakh
Floor 9901407 sqft (37.78 sqm)₹36.91 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+11 and 67 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SAGARIKA CO OP HSG SOCIETY LTD1G+1167-

Unit mix on the filing: 67 residential.

Complaints & Orders

2 complaints are 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
CC1260078611/02/2026Ravindra Khulpe vs SAGARIKA CO OP HSG SOCIETY LTDpending / no order on file
CC1260078411/02/2026Hanmant Gore vs SAGARIKA CO OP HSG SOCIETY LTDpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
05 Aug 202405 Aug 2025Explanatory note regarding the state of development works in the projects and reason for being not completing development works of the projects within the period declared in the de
05 Aug 202430 Jul 2027Impact of Pandemic and Rising Construction Material Costs: The COVID-19 pandemic has had a profound and far-reaching impact on the construction industry, both locally and globally.

Location, Land & Connectivity

Located at NEW PANVEL (W), SECTOR- 21, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by 9 METER 15 CM WIDE ROAD, to the south by SUB PLOT NO E, to the east by SOCIETIES PLOT and to the west by 9 METER 15 CM WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~27 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 park27 km
Bandra Kurla Complex (BKC)28 km
Chhatrapati Shivaji Int'l Airport29 km
Lower Parel / Worli business district31 km
Andheri MIDC / SEEPZ31 km
Nariman Point / Fort32 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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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

Sagunabai Residency
declared completion Jun 2026 · Visa Homes
Sahakar Co Operative Housing Society
possession by May 2027 · Punit Reality
Sahakar Dwarka 2
declared completion Dec 2025 · Megha Enterprises
Sahakar Dwarka I
declared completion Jun 2019 · Sanket Homes
Sahara Sankalp Residency
declared completion Dec 2024 · Sahara Group Builders & Developers
Sahejanand
declared completion Jun 2025 · Prasad Construction

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