Plotted Development Intelligence · Raigarh

THE ELYSIAN

P52000079874 · MULE · promoter Raveshia Homes Llp

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000079874
Registered on28 Mar 2025
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Raveshia Homes Llp is the promoter of record on 3 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 ~57.6% of the estimated project cost incurred as of the last certificate (₹6.05 Cr spent against a ₹10.50 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 25 plots filed with MahaRERA, 0 are sold/booked and 25 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.

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 Mar 202631 Dec 2027Reason for delay explained in Self Declaration Uploaded in "Others"

Location, Land & Connectivity

Located at MULE, MULE, Mumbai, Mumbai Suburban, 402201. Per the filed land record, the plot is bounded to the north by ADJACENT PROPERTY, to the south by RIVER, to the east by VILLAGE ROAD and to the west by RIVER. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~37 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort29 km
Lower Parel / Worli business district37 km
Bandra Kurla Complex (BKC)44 km
Chhatrapati Shivaji Int'l Airport47 km
Powai / Hiranandani business park50 km
Andheri MIDC / SEEPZ51 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 Alibag

Prajyot Devasthal
possession by Sep 2026 · Gaurav Pravin Gharat
Excellensea Villas Project
possession by Dec 2026 · Unicorp Realty Private Limited
Balibaug Rekreasi
possession by Dec 2026 · Pushpam Infra LLP
Ekaante Phase 3
possession by Dec 2026 · Green Park Developers
Lakshminarayan CO-OP Housing Society LTD Proposed
possession by Dec 2026 · Elnube Realtors PVT LTD
Sukh Shanti Residential Project
possession by Dec 2026 · SRS Developers

Major developers building in Alibag

Other RERA-registered projects in Raigarh

THE Emerald
declared completion Jul 2020 · Rajesh Ramchandra Koli
THE Green Crest
declared completion Mar 2025 · SAI Shradha Developer
The Green Crest Phase II
possession by Dec 2029 · SAI Shradha Developer
THE Green Orchid - Phase I
declared completion Dec 2022 · Shakti Developers
THE Green Orchid Phase II
declared completion Dec 2024 · Shakti Developers
THE Green Orchid Phase III
possession by Dec 2026 · Shakti 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