MahaRERA Property Intelligence · Raigarh

SHREE SADGURU PARK

P52000078114 · PEN · promoter Safal Developers

Certificate SignedDue 31 Aug 2027

Delivery & Registration

MahaRERA registrationP52000078114
Registered on25 Nov 2024
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.

Builder Track Record

Across MahaRERA, Safal Developers is the promoter of record on 9 projects, of which 2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~24.8% of the estimated project cost incurred as of the last certificate (₹6.84 Cr spent against a ₹27.60 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 168 homes filed with MahaRERA, 46 are sold/booked (10 with registered agreements + 36 booked) and 122 remain available (~27% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹9.86 Cr in agreement value so far. Of that, ₹1.53 Cr (~16%) is already collected, ₹8.33 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 46 registered agreements, the effective carpet rate is ₹5,980/sqft (typical range ₹3,196–₹6,649) — 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+6 and 168 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+635-
B WING1G+649-
C WING1G+642-
D WING1G+642-

Unit mix on the filing: 154 residential and 14 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at PEN , AT PEN , Thane, Thane, 402107. Per the filed land record, the plot is bounded to the north by 9 MTR WIDE ROAD AND SURVEY NO 265A, to the south by SURVEY NO 272A-4-5-6, to the east by 9 MTR WIDE ROAD AND SURVEY NO 272-3-1PT and to the west by SURVEY NO 270 272A AND272-6. 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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Other RERA-registered projects in Pen

Swami Chhaya
possession by Aug 2026 · Shree Ballaleshwar Developers
Pendse Park
possession by Nov 2026 · F ND H Constructions
Govardhan Greenfields
possession by Dec 2026 · Khelaan Manoj Unadkat
Balaji Tricity
possession by Dec 2026 · M/s Sathe Schemes
Arham
possession by Dec 2026 · IYS Properties LLP
Chandradarshan Enclave
Not filing quarterly progress reports · possession by Dec 2026 · Sunny Rajendra Jain

Other RERA-registered projects in Raigarh

Shree Sadguru Residency
declared completion Sep 2020 · Saidatta Buildcon Specialities Private L
Shree Sadguru Residency
declared completion Dec 2022 · Milestone Construction
Shree Sadguru Residency - 2
declared completion Mar 2024 · Saidatta Buildcon Specialities Pvt. Ltd.
Shree Sahayya Honesty
declared completion Jul 2025 · Shree Sahayya Group
Shree Sahayya Prime
possession by Dec 2028 · Shree Sahayya Group
Shree Sahayya Vivanta
declared completion Dec 2022 · M/s. Royal Buildcon

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