MahaRERA Property Intelligence · Raigarh

SAI ARCADE

P52000007878 · PANVEL · promoter Nikhil Entersises

Certificate SignedDue 18 Sep 2027

Delivery & Registration

MahaRERA registrationP52000007878
Registered on18 Aug 2017
Promoter-declared completion18 Sep 2027
Current statusCertificate Signed
Against today14 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, Nikhil Entersises is the promoter of record on 2 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 ~87.3% of the estimated project cost incurred as of the last certificate (₹27.08 Cr spent against a ₹31.03 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 1 homes filed with MahaRERA, 1 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹3.45 Lakh in agreement value so far. Of that, ₹3.45 Lakh (~100%) is already collected, ₹0 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.

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+4 and 1 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SAI ARCADE1G+41-

Unit mix on the filing: 1 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at PANVEL, SHIVAJI ROAD, Kurla, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by FINAL PLOT NO 142, to the south by VILLAGE ROAD PANVEL, to the east by FINAL PLOT NO 186 and to the west by MUMBAI PUNE HIGHWAY 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 ~26 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 park26 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport28 km
Lower Parel / Worli business district30 km
Andheri MIDC / SEEPZ30 km
Nariman Point / Fort31 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

Nikhil Entersises is the promoter on 2 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 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

SAI Arjun
possession by Dec 2026 · Swapnil Mohan Kalyankar
SAI Asha
declared completion Mar 2024 · D C Infra
SAI Ashirwad
declared completion Nov 2021 · Dileep Kumar Tharumal Chabriya
SAI Ashish
declared completion Jun 2022 · Shailesh Makani
SAI Ashish Enterprises
declared completion Dec 2017 · SAI Ashish Enterprises
Sai Ashray
declared completion Dec 2025 · Doorva 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