MahaRERA Property Intelligence · Raigarh

Vaishnavi

P52000007368 · promoter Parag Pankaj Thakker

Certificate SignedDue 31 Dec 2018

Delivery & Registration

MahaRERA registrationP52000007368
Registered on17 Aug 2017
Promoter-declared completion31 Dec 2018
Current statusCertificate Signed
Against todayabout 91 months past 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, Parag Pankaj Thakker is the promoter of record on 15 projects, of which 10 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.

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+4.

BuildingWingsFloorsDeclared completion
Vaishnavi1G+4-

Complaints & Orders

8 complaints are on the MahaRERA record for this project, with orders passed in 8. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000007859021/03/2019Neelam Nitin Ajgaonkar vs Parag Thakkerorder passed
CC00600000005589526/11/2018HEMANGI RAGHUVIR DHAWADE vs PARAG PANKAG THAKKERorder passed
CC00600000005810015/02/2019ABHISHEK WADEKAR vs Parag Pankaj Thakkerorder passed
CC00600000008952926/06/2019Gajanan Johari vs Parag Thakkerorder passed
CC00600000021048721/03/2022Avinash Sudhakar Latane vs Parag Pankaj Thakkerorder passed
CC00600000020988721/03/2022Balakrishna V Shetty vs PARAG PANKAJ THAKKERorder passed
CC00600000025184410/07/2022Prem Jitendra Shah vs Parag Pankaj Thakkerorder passed
CC00600000025184210/07/2022SOHIL JITENDRA SHAH vs Parag Pankaj Thakkerorder passed

Location, Land & Connectivity

Located at Kurla, Mumbai Suburban, 410101. Per the filed land record, the plot is bounded to the north by Survey No 85 Plot No 27 26, to the south by Survey No 85 Plot No 48 49, to the east by Survey No 85 Plot No 35 and to the west by Survey No 85 Plot No 19. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~48 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 park48 km
Bandra Kurla Complex (BKC)51 km
Chhatrapati Shivaji Int'l Airport51 km
Andheri MIDC / SEEPZ52 km
Lower Parel / Worli business district55 km
Nariman Point / Fort57 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

Parag Pankaj Thakker is the promoter on 10 MahaRERA-registered projects, of which 10 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:

See every Parag Pankaj Thakker project & its RERA track record →

Other flagged projects by Parag Pankaj Thakker

Parag Pankaj Thakker
Past its declared completion dateRaigarh
Parag Pankaj Thakker
Past its declared completion dateRaigarh
Parag Pankaj Thakker
Past its declared completion dateRaigarh
Parag Pankaj Thakker
Past its declared completion dateRaigarh
Parag Pankaj Thakker
Past its declared completion dateRaigarh
Parag Pankaj Thakker
Past its declared completion dateRaigarh

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

Vaishnavi
declared completion Aug 2018 · Pramod Vasant Bhoir
Vaishnavi Arcade
declared completion Sep 2020 · RK Group OF Infra
Vaishnavi Bliss
declared completion Dec 2023 · Abhishek Radhesh Kumar Diwakar
Vaishnavi Darshan
declared completion Jul 2025 · M/S Vaishnavi Infrastructure
Vaishnavi Ellora
declared completion Jul 2023 · Abhishek Radhesh Kumar Diwakar
Vaishnavi Emperia
possession by Nov 2027 · RK Group OF Infra

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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