MahaRERA Property Intelligence · Raigarh

SAI WORLD CITY PHASE 3

P52000053727 · Kolkhe · promoter Paradise Lifespaces Llp

Certificate SignedDue 30 Dec 2029

Delivery & Registration

MahaRERA registrationP52000053727
Registered on28 Nov 2023
Promoter-declared completion30 Dec 2029
Current statusCertificate Signed
Against today41 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 ~29.9% of the estimated project cost incurred as of the last certificate (₹119.52 Cr spent against a ₹400.00 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 734 homes filed with MahaRERA, 309 are sold/booked (110 with registered agreements + 199 booked) and 425 remain available (~42% sold) — selling steadily. Buyers have committed ₹380.89 Cr in agreement value so far. Of that, ₹119.10 Cr (~31%) is already collected, ₹262.48 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 309 registered agreements, the effective carpet rate is ₹16,953/sqft (typical range ₹10,436–₹19,954) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+35 and 734 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building no 4 SENTOSA1G+35169-
Building no 5 Wing A LLOYDS1G+24227-
Building no 5 Wing B ATLANTIS1G+24227-
Building no 5 Wing C MIAMI1G+24111-

Unit mix on the filing: 734 residential.

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
CC1250034231/01/2025Akshad Madan Jha vs Paradise Lifespaces LLPpending / no order on file

Location, Land & Connectivity

Located at Kolkhe, NH-4B, Thane, Thane, 421206. Per the filed land record, the plot is bounded to the north by Kalundre River, to the south by NH-4B, to the east by Palaspe Junction and to the west by Kolkhe Nala. 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

Paradise Lifespaces LLP 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 Paradise Lifespaces LLP

Paradise Lifespaces LLP
FlaggedRaigarh
Paradise Lifespaces LLP
FlaggedRaigarh

Other RERA-registered projects in Ulwe

Mangalmurti
declared completion Mar 2026 · GK Buildcon
SAI Pooja
declared completion Dec 2023 · SAI Tara
Shri Krishnleela
declared completion Jan 2023 · SAI Tara Builders
SAI Bugai
declared completion Jul 2021 · SAI Tara Builders

Other RERA-registered projects in Raigarh

SAI World City Phase II
declared completion Apr 2026 · Paradise Lifespaces LLP
Sai World Empire
declared completion Oct 2024 · Paradisesuperstructures
SAI World Empire Phase 5 Tower -7 DE Louis
possession by Dec 2031 · Paradisesuperstructures
SAI World Empire Phase II
declared completion Oct 2024 · Paradisesuperstructures
Sai World Empire Phase III
possession by Dec 2027 · Paradisesuperstructures
SAI World Empire Phase IV
possession by Dec 2029 · Paradisesuperstructures

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