MahaRERA Property Intelligence · Raigarh

Shri Basaveshwar Park 1

PR1271012600687 · promoter New Life Space

Certificate SignedDue 30 Jun 2029

Delivery & Registration

MahaRERA registrationPR1271012600687
Registered on08 Jun 2026
Promoter-declared completion30 Jun 2029
Current statusCertificate Signed
Against today35 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 ~10.1% of the estimated project cost incurred as of the last certificate (₹1.80 Cr spent against a ₹17.83 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 74 homes filed with MahaRERA, 0 are sold/booked and 74 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

⚠ The inventory filing also declares: 26 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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 58 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No. 12G+742-
Building No. 21G+416-

Unit mix on the filing: 100 residential.

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 Survey No. 54/7, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by Adj. Survey No 50, to the south by Adj Hissa no. 3, to the east by Adj. Hissa No 5 and to the west by Adj. Survey No 50. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~21 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 park21 km
Bandra Kurla Complex (BKC)25 km
Andheri MIDC / SEEPZ25 km
Chhatrapati Shivaji Int'l Airport25 km
Lower Parel / Worli business district31 km
Nariman Point / Fort35 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

Shri Datta
possession by Dec 2026 · Sudam Lahu Gharat
Shri Ganesh Krupa
possession by Dec 2026 · Shree Ganesh Builders & Developers
Shri Ganesh Residency
declared completion Dec 2017 · Shri Ganesh Developers
Shri Himgiri
declared completion Sep 2024 · Pyramid Developers
Shri Krishnleela
declared completion Jan 2023 · SAI Tara Builders
Shri Krushna Bhavan
declared completion Sep 2022 · Jignesh Pravin Jain

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