SSV Elite

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 — 4 quarterly progress reports on record since registration, with no current default.

Construction Progress

MahaRERA's cost filing puts construction at ~11.7% of the estimated project cost incurred as of the last certificate (₹70.00 Lakh spent against a ₹5.98 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. With only ~8 months to the declared date and ~11.7% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 23 homes filed with MahaRERA, 2 are sold/booked and 21 remain available (~9% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹50.00 Lakh in agreement value so far. Of that, ₹45.00 Lakh (~90%) is already collected, ₹5.00 Lakh receivable — a read on how far along these sales really are. Note: the project registers 47 homes in total, but this sold/unsold inventory filing covers only 23 of them — the other 24 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.

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:

⚠ The inventory filing also declares: 8 owner/investor-held and 15 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+5 and 47 homes are registered across the project.

Unit mix on the filing: 32 residential and 15 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, Adai, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by Hill view S No 96 3, to the south by 6 mtrs road, to the east by Harish Cheda S No 97 3 and to the west by 5 mtrs road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~54 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

SSV Builders 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 SSV Builders

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.