MahaRERA Property Intelligence · Raigarh
P52000008844 · promoter Vaishnavi
| MahaRERA registration | P52000008844 |
| Registered on | 19 Aug 2017 |
| Promoter-declared completion | 30 Dec 2021 |
| Current status | Certificate Signed |
| Against today | about 55 months past the declared date |
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.
Across MahaRERA, Vaishnavi is the promoter of record on 75 projects, of which 16 carry 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.
Of 22 homes filed with MahaRERA, 19 are sold/booked and 3 remain available (~86% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹9.15 Cr in agreement value so far. Of that, ₹8.74 Cr (~96%) is already collected, ₹40.88 Lakh receivable — a read on how far along these sales really are. Note: the project registers 53 homes in total, but this sold/unsold inventory filing covers only 22 of them — the other 31 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 19 registered agreements, the effective carpet rate is ₹9,167/sqft (typical range ₹6,568–₹9,978) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 7 | 704 | 598 sqft (55.56 sqm) | ₹34.67 Lakh |
| Floor 7 | 705 | 690 sqft (64.1 sqm) | ₹40.00 Lakh |
| Floor 7 | 706 | 626 sqft (58.16 sqm) | ₹36.29 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.
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+8 and 53 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Shree Saikrupa | 1 | G+8 | 53 | - |
Unit mix on the filing: 48 residential and 5 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
Located at Market Yard Road, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by FINAL PLOT NO 206 HISSA NO 58, to the south by 9 WIDE ROAD, to the east by 9 M WIDE ROAD and to the west by FINAL PLOT NO 205 HISSA NO 61. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~23 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 23 km |
| Bandra Kurla Complex (BKC) | 25 km |
| Chhatrapati Shivaji Int'l Airport | 26 km |
| Andheri MIDC / SEEPZ | 27 km |
| Lower Parel / Worli business district | 29 km |
| Nariman Point / Fort | 32 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.
🔒 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.
🔒 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.
Should you buy in SAIKRUPA?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Last checked against the RERA register: 27 Jul 2026