MahaRERA Property Intelligence · Raigarh

Shree Sahayya Prime

PM1270002501269 · Panvel · promoter Shree Sahayya Group

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPM1270002501269
Registered on20 Oct 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Shree Sahayya Group is the promoter of record on 2 projects, of which none currently 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 ~17.7% of the estimated project cost incurred as of the last certificate (₹2.19 Cr spent against a ₹12.40 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 33 homes filed with MahaRERA, 6 are sold/booked (2 with registered agreements + 4 booked) and 27 remain available (~18% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.13 Cr in agreement value so far. Of that, ₹1.78 Cr (~57%) is already collected, ₹1.35 Cr receivable — a read on how far along these sales really are. Note: the project registers 60 homes in total, but this sold/unsold inventory filing covers only 33 of them — the other 27 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 6 registered agreements, the effective carpet rate is ₹14,057/sqft (typical range ₹11,805–₹18,486) — 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 1Office 101341 sqft (31.71 sqm)₹31.39 Lakh
Floor 1Office 102354 sqft (32.89 sqm)₹32.57 Lakh
Floor 1Office 103301 sqft (27.95 sqm)₹27.67 Lakh
Floor 1Office 104235 sqft (21.87 sqm)₹21.65 Lakh
Floor 1Office 105218 sqft (20.25 sqm)₹20.05 Lakh
Floor 1Office 106328 sqft (30.49 sqm)₹30.19 Lakh
Floor 2201491 sqft (45.61 sqm)₹45.15 Lakh
Floor 2202493 sqft (45.8 sqm)₹45.34 Lakh
Floor 2203312 sqft (28.95 sqm)₹28.66 Lakh
Floor 2204324 sqft (30.13 sqm)₹29.82 Lakh
Floor 2205377 sqft (35.01 sqm)₹34.66 Lakh
Floor 2206477 sqft (44.31 sqm)₹43.87 Lakh
Floor 2207396 sqft (36.81 sqm)₹36.44 Lakh
Floor 2208341 sqft (31.68 sqm)₹31.37 Lakh
Floor 2209294 sqft (27.27 sqm)₹26.99 Lakh
Floor 2210228 sqft (21.16 sqm)₹20.94 Lakh
Floor 4401491 sqft (45.61 sqm)₹39.33 Lakh
Floor 4408385 sqft (35.79 sqm)₹30.87 Lakh
Floor 5502493 sqft (45.8 sqm)₹39.50 Lakh
Floor 5503434 sqft (40.31 sqm)₹34.76 Lakh
Floor 5507339 sqft (31.48 sqm)₹27.14 Lakh
Floor 5508385 sqft (35.79 sqm)₹30.87 Lakh
Floor 6608385 sqft (35.79 sqm)₹30.87 Lakh
Floor 7701491 sqft (45.61 sqm)₹39.33 Lakh
Floor 7703434 sqft (40.31 sqm)₹34.76 Lakh
Ground/Floor 0Shop 03174 sqft (16.16 sqm)₹17.73 Lakh
Ground/Floor 0Shop 04175 sqft (16.27 sqm)₹17.84 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+7 and 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHREE MANGAL CO OP HOUSING SOCIETY LTD1G+760-

Unit mix on the filing: 31 residential and 29 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 Panvel, Shivaji Road, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by CTS No 1562, to the south by PMC Road, to the east by Adjacent to lane and to the west by CTS No 1564. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~26 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 park26 km
Bandra Kurla Complex (BKC)27 km
Chhatrapati Shivaji Int'l Airport28 km
Lower Parel / Worli business district30 km
Andheri MIDC / SEEPZ30 km
Nariman Point / Fort31 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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Builder track record

Shree Sahayya Group is the promoter on 2 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 Shree Sahayya Group

Shree Sahayya Group
FlaggedRaigarh

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

Shree Sahayya Vivanta
declared completion Dec 2022 · M/s. Royal Buildcon
Shree Saheba
declared completion Dec 2021 · Sudarshan Developers
Shree SAI
declared completion Apr 2024 · Shree Developers
Shree SAI Apartment
declared completion Aug 2022 · S K Developers
Shree SAI Apartment
declared completion Mar 2022 · Dattatrya Malikarajun Sagar
Shree SAI Apartment
possession by Dec 2029 · Shreeji 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