Mumbai/Project record

MahaRERA · the public record

VAISHNAVI ICON

NAVI MUMBAI · RADHESHKUMAR BANGALILAL DIWAKAR

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56units filed as unsoldInventory · 20 September 2026
30 Sep 2028declared completionMahaRERA registration · read 12 Jul 2026
72registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Sep 2028

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52000078113

Delivery and registration

When is the project declared for completion?

VAISHNAVI ICON is registered with MahaRERA as P52000078113 and the promoter has declared completion for 30 Sep 2028.

30 Sep 2028

declared completion

24months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52000078113
Registered on25 Nov 2024
Promoter-declared completion30 Sep 2028
Current statusCertificate Signed
Against today24 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for VAISHNAVI ICON record 5 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 5 quarterly progress reports on record since registration, with no current default.

Construction

How much construction cost has been reported?

In VAISHNAVI ICON, ₹5.51 Cr of a declared ₹15.75 Cr estimated project cost is reported as incurred, about 35.0%, as at the last certified filing with MahaRERA.

35.0%

₹5.51 Cr

of ₹15.75 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In VAISHNAVI ICON, 16 of 72 homes filed with MahaRERA are recorded as sold or booked (8 with registered agreements and 8 booked), about 22%, and 56 remain available.

22%sold

16 of 72 homes

₹7.35 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹5.03 Cr (about 68%) is recorded as collected and ₹2.32 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 16 registered agreements, the effective carpet rate is ₹12,644/sqft, with eight in ten falling between ₹8,539 and ₹18,705 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 16 homes carry one, and 56 of the 72 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
102492 sqftRs 44.90 lakh typical, over Rs 42.01 lakh to Rs 65.85 lakh6 filed on this stack, floors 3–12

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In VAISHNAVI ICON, 36 of the 56 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 55 homes — ₹2,999 →

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+14 and 72 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VAISHNAVI ICON1G+1472-

Unit mix on the filing: 64 residential and 8 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at NAVI MUMBAI, PLOT NO 14/1 SECTOR 2A KARANJADE PANVEL , Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by PLOT NO 1, to the south by PLOT NO 14 2, to the east by PROP 20 MTRS WIDE ROAD and to the west by PLOT NO 14. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~26 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 park26 km
Bandra Kurla Complex (BKC)26 km
Chhatrapati Shivaji Int'l Airport28 km
Lower Parel / Worli business district29 km
Andheri MIDC / SEEPZ29 km
Nariman Point / Fort30 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.

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Other RERA-registered projects in Panvel

Arihant Clan Aalishan Phase I
possession by Sep 2026 · Arihant Vatika Realty Private Limited
Balaji Heritage
possession by Sep 2026 · Buildfox Realty LLP
Delta Hills
possession by Sep 2026 · Shree Ganesh Enterprises
Delta Riviera
possession by Sep 2026 · Shreenathji Organisers Pvt. Ltd.
GAJ Oasis
possession by Sep 2026 · Shiv Builders AND Developers
Green View
possession by Sep 2026 · Siddhivinayak Developers

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Vaishnavi Pride
declared completion Dec 2022 · RK Group OF Infra
Vaishnovi Heights
declared completion Mar 2020 · Vaishnovi Construction Company
Vaman Heritage
possession by Dec 2027 · Haresh Dharamshi Minat
Vanashri Vandan
possession by Jul 2027 · Ashiana Buildcon
Vande Mataram Divine
declared completion Dec 2025 · Sadguru Shelter
Vansh Apartment
declared completion Sep 2020 · Vishal Dilip Doshi

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: 20 Sep 2026