MahaRERA Property Intelligence · Raigarh

SHEETAL PARK

P52000016700 · VILLAGE AKURLI · promoter Lmg Enterprises

Certificate SignedDue 31 Aug 2027

Delivery & Registration

MahaRERA registrationP52000016700
Registered on05 Jun 2018
Promoter-declared completion31 Aug 2027
Current statusCertificate Signed
Against today13 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹4.80 Cr spent against a ₹4.80 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 28 homes filed with MahaRERA, 28 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 ₹6.47 Cr in agreement value so far. Of that, ₹6.11 Cr (~94%) is already collected, ₹36.13 Lakh 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 28 registered agreements, the effective carpet rate is ₹9,020/sqft (typical range ₹5,718–₹13,230) — 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+2 and 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+18-
B WING1G+18-
D WING1---
C WING1G+212-

Unit mix on the filing: 28 residential.

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000028218602/08/2022Nimesh Dhiraj Savla vs LMG Enterprisesorder passed
CC00600000035433105/04/2023Nimesh Dhiraj Savla vs LMG Enterprisesorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
30 Dec 202230 Dec 2024The project was delayed for reasons beyond our control on account of various unforeseen events.
30 Dec 202231 Aug 2027The delay in our project was mainly due to internal issues with former partners, unforeseen emergencies, delays in approvals for additional FSI, and the rising cost of materials an

Location, Land & Connectivity

Located at VILLAGE AKURLI, PLOT NO 130/0 AND 128/2, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by SURVEY NO 128, to the south by SURVEY NO 118, to the east by SURVEY NO 130 and to the west by SURVEY NO 136. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~28 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 park28 km
Bandra Kurla Complex (BKC)29 km
Chhatrapati Shivaji Int'l Airport30 km
Andheri MIDC / SEEPZ32 km
Lower Parel / Worli business district33 km
Nariman Point / Fort34 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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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

Shelter Avenue
declared completion Feb 2019 · Abu Zaid Khan
Shelter Corner
declared completion Dec 2017 · Rabbani Shamsuddin Khan
Shelter Dream
possession by Dec 2027 · Rabbani Shamsuddin Khan
Shelter One
possession by Dec 2032 · Not Available
Shelter Paradise
declared completion Sep 2024 · Rabbani Shamsuddin Khan
Shelter Plaza
possession by Dec 2026 · Mahira Developers

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