MahaRERA Property Intelligence · Raigarh

SUZAIN PLAZA

P52000050324 · NERAL Mamdapur Karjat · promoter Developers

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP52000050324
Registered on05 Apr 2023
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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 ~50.3% of the estimated project cost incurred as of the last certificate (₹97.17 Lakh spent against a ₹1.93 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 13 homes filed with MahaRERA, 12 are sold/booked (4 with registered agreements + 8 booked) and 1 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹2.75 Cr in agreement value so far. Of that, ₹1.43 Cr (~52%) is already collected, ₹1.32 Cr receivable — a read on how far along these sales really are. Note: the project registers 21 homes in total, but this sold/unsold inventory filing covers only 13 of them — the other 8 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 12 registered agreements, the effective carpet rate is ₹6,995/sqft (typical range ₹5,251–₹20,528) — 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 1101446 sqft (41.4 sqm)₹17.68 Lakh

⚠ The inventory filing also declares: 8 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+6 and 21 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SUZAIN PLAZA1G+621-

Unit mix on the filing: 17 residential and 4 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
31 Dec 202531 Mar 20271) Poor booking response from custormer. 2) Because of poor response our work was very slow.

Location, Land & Connectivity

Located at NERAL Mamdapur Karjat, Mamdapur, Karjat, Raigarh, 410101. Per the filed land record, the plot is bounded to the north by 12 M WIDE ROAD, to the south by PLOT NO 57, to the east by PLOT NO 53 and to the west by PLOT NO 51. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~43 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 park43 km
Bandra Kurla Complex (BKC)46 km
Chhatrapati Shivaji Int'l Airport47 km
Andheri MIDC / SEEPZ47 km
Lower Parel / Worli business district50 km
Nariman Point / Fort52 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

S N Developers is the promoter on 3 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other RERA-registered projects in Neral

SAI Krupa Valley- Phase 1
possession by Aug 2026 · SAI Krupa Developers
Noble Apartment
possession by Aug 2026 · Asra Reality
Madina Complex
possession by Aug 2026 · Al-Hamd Developers
Arsh Apartment
possession by Sep 2026 · Mateen Rafique Patel
Naaz Plaza
possession by Sep 2026 · Prestige Reality
Aliza Apartments
possession by Dec 2026 · M/S SKY Homes

Major developers building in Neral

Other RERA-registered projects in Raigarh

Svaasa
possession by May 2029 · Sensation Fortune Varalakshmi Private Li
Swagat Village
possession by Jun 2027 · Nayan Infrastructure
Swami Aashray
declared completion Dec 2023 · Structura Realty
Swami Aashray
declared completion Jun 2026 · Structura Realty
Swami Arcade
declared completion Oct 2020 · Vertical Spaces
Swami Chhaya
declared completion Dec 2018 · Shree Atharva 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