MahaRERA Property Intelligence · Raigarh

SAI NANDANVAN

P52000021188 · DASTURI NAKA MAHAD · promoter Stuti Developers

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP52000021188
Registered on14 Jun 2019
Promoter-declared completion30 Dec 2026
Current statusCertificate Signed
Against today5 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, Stuti Developers is the promoter of record on 7 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 ~103.5% of the estimated project cost incurred as of the last certificate (₹15.10 Cr spent against a ₹14.60 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 65 homes filed with MahaRERA, 51 are sold/booked and 14 remain available (~78% sold) — selling steadily. Buyers have committed ₹13.69 Cr in agreement value so far. Of that, ₹12.33 Cr (~90%) is already collected, ₹1.33 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 51 registered agreements, the effective carpet rate is ₹4,200/sqft (typical range ₹2,800–₹4,620) — 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 1FLAT 102 WING B436 sqft (40.48 sqm)₹13.46 Lakh
Floor 1FLAT 103 WING F454 sqft (42.14 sqm)₹14.02 Lakh
Floor 1FLAT 2 WING D432 sqft (40.15 sqm)₹13.35 Lakh
Floor 1FLAT 3 WING D557 sqft (51.76 sqm)₹17.22 Lakh
Floor 1FLAT 4 WING D432 sqft (40.15 sqm)₹13.35 Lakh
Floor 3FLAT 301 WING B557 sqft (51.76 sqm)₹17.22 Lakh
Floor 3FLAT 302 WING D432 sqft (40.15 sqm)₹13.35 Lakh
Floor 3FLAT 304 WING D432 sqft (40.15 sqm)₹13.35 Lakh
Ground/Floor 0SHOP 1 WING F132 sqft (12.28 sqm)₹5.43 Lakh
Ground/Floor 0SHOP 2 WING A131 sqft (12.14 sqm)₹5.72 Lakh
Ground/Floor 0SHOP 2 WING F157 sqft (14.59 sqm)₹6.45 Lakh
Ground/Floor 0SHOP 3 WING A176 sqft (16.32 sqm)₹7.22 Lakh
Ground/Floor 0SHOP 3 WING F175 sqft (16.26 sqm)₹7.19 Lakh
Ground/Floor 0SHOP 4 WING F132 sqft (12.28 sqm)₹5.43 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+5 and 65 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SAI NANDANVAN A AND B WING1G+522-
SAI NANDANVAN C WING1G+51-
SAI NANDANVAN D WING1G+413-
SAI NANDANVAN F WING1G+429-

Unit mix on the filing: 58 residential and 7 non-residential (shops/offices).

Complaints & Orders

1 complaint is 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
CC1260334001/06/2026Vijay Suresh Bodhe vs STUTI DEVELOPERSpending / no order on file

Location, Land & Connectivity

Located at DASTURI NAKA MAHAD, DASTURI NAKA, Mumbai City, Mumbai City, 402301. Per the filed land record, the plot is bounded to the north by CTS NUMBER 799, to the south by CTS NUMBER 809, to the east by CTS NUMBER 704 and to the west by MUNICIPAL ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Stuti Developers is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Stuti Developers

Other RERA-registered projects in Mahad

Chandrabhaga Residency
possession by Dec 2026 · Rajesh Namdev Pawale
Herai Complex - B Wing, Hajwane Complex- C Wing
possession by Dec 2026 · Akhtar Ahmed Lambade
Raigad City
possession by Dec 2026 · Dhanalaxmi Realtors
Vedika Hills
Not filing quarterly progress reports · possession by Dec 2026 · Rajendra Mehetar Krishana
Aditi Apartment
possession by Dec 2026 · Aijaz Ismail Darekhan
Indraprashth
possession by Dec 2026 · Suresh Liladhar Toprani

Other RERA-registered projects in Raigarh

Sai Neel Riddhi Empire
possession by Dec 2029 · Neel Riddhi Associates
SAI Neevant
possession by Dec 2026 · Surekha Tukaram Dudhe
SAI Niketan
declared completion Dec 2022 · Rajkumar Trimbak Karad
Sai Nisarg
declared completion Jan 2025 · Chandan Rajdeo Mishra
SAI Niwas
declared completion Dec 2018 · Medaparampil Gangadharan Sadashivan
SAI Niwas
declared completion Dec 2022 · R K Enterprises

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