SIDDHIVINAYAK HORIZON

Delivery & Registration

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.

• Filing progress reports — 2 quarterly progress reports on record since registration, with no current default.

Construction Progress

MahaRERA's cost filing puts construction at ~4.8% of the estimated project cost incurred as of the last certificate (₹52.50 Lakh spent against a ₹11.00 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 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 ₹2.49 Cr in agreement value so far. Of that, ₹1.30 Cr (~52%) is already collected, ₹1.19 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 6 registered agreements, the effective carpet rate is ₹8,375/sqft (typical range ₹7,582–₹11,227) — 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:

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+8 and 33 homes are registered across the project.

Unit mix on the filing: 23 residential and 10 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 PUSHPAK NAGAR, SECTOR-8 PLOT NO 134 134A, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by 15-METER-WIDE ROAD, to the south by PLOT NUMBER 120, to the east by 20-METER-WIDE ROAD and to the west by PLOT NUMBER 133. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~24 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Builder track record

Not Available is the promoter on 3 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 Not Available

Other RERA-registered projects in Panvel

Major developers building in Panvel

Other RERA-registered projects in Raigarh

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.