MahaRERA Property Intelligence · Raigarh

SAI MORESHWAR

P52000007338 · NERAL EAST TALIKA- KARJAT DIST RAIGAD · promoter Space Land Developers

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000007338
Registered on17 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.

Construction Progress

MahaRERA's cost filing puts construction at ~98.5% of the estimated project cost incurred as of the last certificate (₹32.89 Cr spent against a ₹33.40 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 254 homes filed with MahaRERA, 210 are sold/booked and 44 remain available (~83% sold) — selling steadily. Buyers have committed ₹30.77 Cr in agreement value so far. Of that, ₹28.15 Cr (~91%) is already collected, ₹2.62 Cr receivable — a read on how far along these sales really are. Note: the project registers 296 homes in total, but this sold/unsold inventory filing covers only 254 of them — the other 42 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 210 registered agreements, the effective carpet rate is ₹2,980/sqft (typical range ₹2,143–₹6,640) — 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: 42 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+5 and 296 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO B21G+516-
BUILDING NO B11G+516-
BUILDING NO B31G+520-
BUILDING NO B41G+520-
BUILDING NO B51G+516-
BUILDING NO B61G+520-
BUILDING NO B71G+516-
BUILDING NO B81G+520-
BUILDING NO B91G+516-
BUILDING B10 A WING1G+516-
BUILDING NO B10 B WING1G+524-
BUILDING NO B10 C WING1G+516-
BUILDING NO B10 D WING1G+524-
BUILDING NO B10 E WING1G+516-
BUILDING NO B10 F WING1G+524-
BUILDING NO B10 G WING1G+516-

Unit mix on the filing: 296 residential.

Complaints & Orders

5 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
CC00600000005756206/01/2019Mahmood Usman Khatri vs Space Land Developersorder passed
CC00600000019429705/10/2020Sagar Suresh Samant vs Sapce Land Developersorder passed
CC00600000037496602/04/2023Mayur Ashok Chitnis vs Kalbe Haider Babar Ali Khanorder passed
CC00600000039755321/09/2023ARCHANA EKNATH NAIK vs SPACE LAND DEVELOPERSorder passed
CC1250141127/04/2025Mayur Ashok Chitnis vs SPACE LAND DEVELOPERSorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 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
31 Dec 202531 Dec 2025Respected Sir, We highly regret to submit this declaration. We have tried our best to complete our ongoing project SAI MORESHWAR COMPLEX bearing MahaRERA registration number P5200
31 Dec 202530 Jun 2022Covid pendamic has effected economy of the whole world including our Country. Maharashtra state is worsly effected due to Covid Pandemic. Which has resulted financial and resource
31 Dec 202531 Dec 2020WITH DUE RESPONSIBILTY WE INTEND TO COMPLETE THE WORK ON TIME.BUT, DUE TO HEAVY RAIN FALL IN THE MONTH OF JUNE,JULY, AUGUST, SEPTEMBER, OCTOBER, NOVEMBER IN THE YEAR 2019 AND NON A
31 Dec 201931 Dec 2027We apologize for the delay in the completion of the project and the submission of this request. The delay has occurred due to unforeseen circumstances, including procurement issues

Location, Land & Connectivity

Located at NERAL EAST TALIKA- KARJAT DIST RAIGAD, VANJARPADA, Karjat, Raigarh, 410101. Per the filed land record, the plot is bounded to the north by 43, to the south by 65, to the east by 66-4 and to the west by 43. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~51 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 park51 km
Bandra Kurla Complex (BKC)53 km
Chhatrapati Shivaji Int'l Airport54 km
Nariman Point / Fort55 km
Lower Parel / Worli business district55 km
Andheri MIDC / SEEPZ55 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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Major developers building in Neral

Other RERA-registered projects in Raigarh

SAI Mukund Heights
declared completion Feb 2023 · Mdsk Builders AND Developers
SAI Namah
possession by Dec 2030 · Swapnil Mohan Kalyankar
SAI Nandan
possession by Dec 2029 · Sankalp Realty
SAI Nandanvan
possession by Dec 2026 · Stuti Developers
Sai Neel Riddhi Empire
possession by Dec 2029 · Neel Riddhi Associates
SAI Neevant
possession by Dec 2026 · Surekha Tukaram Dudhe

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