Lucina Land Development Limited
Panvel · Raigarh
What registered buyers actually paid
₹6,002 – ₹10,053
per sq ft of carpet, agreement value
Covers 80% of 569 agreements filed with MahaRERA.i
Home
ROSE5C-101
Carpet area
742 sq ft
Typical value
₹64.5 lakh
Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book
Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.
Send the checklist to the family group Read it here →Delivery and registration
Indiabulls Park 2 is registered with MahaRERA as P52000000835 and the promoter has declared completion for 30 Jun 2027.
30 Jun 2027
declared completion
9months 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 registration | P52000000835 |
| Registered on | 23 Jul 2017 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 9 months to the declared date |
Approvals and compliance
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Indiabulls Park 2 record 35 quarterly progress reports since registration.
35quarterly filings
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
Promoter record
Lucina Land Development is the promoter of record on 9 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
9projects
registered with MahaRERA
0flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
In Indiabulls Park 2, ₹318.75 Cr of a declared ₹555.73 Cr estimated project cost is reported as incurred, about 57.4%, as at the last certified filing with MahaRERA.
57.4%
₹318.75 Cr
of ₹555.73 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
In Indiabulls Park 2, 563 of 804 homes filed with MahaRERA are recorded as sold or booked (418 with registered agreements and 145 booked), about 70%, and 241 remain available.
70%sold
563 of 804 homes
₹396.97 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, ₹270.16 Cr (about 68%) is recorded as collected and ₹126.81 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 563 registered agreements, the effective carpet rate is ₹8,548/sqft, with eight in ten falling between ₹6,002 and ₹10,028 — 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.
Read from MahaRERA on 07 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 569 homes carry one, and 235 of the 804 are recorded unsold. Since we started watching this ledger, 7 homes have moved out of the unsold list, most recently on 07 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| ROSE5C-101 | 742 sqft | Rs 64.48 lakh typical, over Rs 31.54 lakh to Rs 1.1626 cr | 145 filed on this stack, floors 2–36 |
A filed consideration is what was registered for one {unit}. 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 {unit} is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In Indiabulls Park 2, every one of the 235 unsold homes has agreements filed on its own stack. The Sales 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.
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+43 and 804 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| 5 A | 1 | G+43 | 268 | - |
| 5 B | 1 | G+43 | 268 | - |
| 5 C | 1 | G+43 | 268 | - |
Unit mix on the filing: 804 residential.
Legal and disputes
39 complaints are on the MahaRERA record for Indiabulls Park 2, with orders passed in 34 of them.
39complaints
34with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000001160 | 09/10/2017 | AMIT SHAH vs Lucina Land Development Ltd | order passed |
| CC006000000000727 | 18/09/2017 | Kumud Singh vs Indiabulls | order passed |
| CC006000000023323 | 17/02/2018 | AMIT DILIP SHAH vs lucina land development ltd | order passed |
| CC006000000023767 | 20/03/2018 | Manek Laxmidas Shah vs LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC006000000044301 | 30/04/2018 | Anant Patil vs M/s Lucina Land Development Limited | order passed |
| CC006000000056368 | 28/09/2018 | Subhash Enterprises Private Limited vs Lucina Land Development Limited | order passed |
| CC006000000078972 | 27/04/2019 | Nikunja Bihari Pradhan vs Lucina Land Development Limited | order passed |
| CC006000000110745 | 29/08/2019 | Salman Usman Kazi vs Lucina Land Development Limited | order passed |
| CC006000000194620 | 28/10/2020 | Mr Jaydas M Gowari & Mrs Vaishali J Gowari vs M/s Lucina Land Development Limited | order passed |
| CC006000000194635 | 26/10/2020 | Mr Ghanshyam A Yadav & Mrs Asha G Yadav vs Lucina Land Development Limited | order passed |
| CC006000000209613 | 04/01/2022 | Mr Neelesh Jha and Mrs Tricia Jha vs M/s Lucina Land Development Limited | order passed |
| CC006000000210422 | 17/03/2022 | Ms. Neeta Anil Shete vs Lucina Land Development Limited | order passed |
| CC006000000302959 | 31/10/2022 | Rahul Saunik vs Lucina Land Development Limited | order passed |
| CC006000000334002 | 23/01/2023 | Niranjan Kumar Sinha vs Lucina Land Development Ltd | order passed |
| CC006000000385425 | 28/04/2023 | Rashmi Chorwadi vs Lucina Land Development Limited | order passed |
| CC006000000397925 | 22/10/2023 | JASBIR KAUR JASPAL SINGH MALHOTRA vs LUCINA LAND DEVELOPER LTD | order passed |
| CC006000000397955 | 24/10/2023 | Vinod Manohar Punjabi vs Lucina Land Development Ltd. | order passed |
| CC006000000428819 | 16/01/2024 | SMITA NAVEEN RAI vs LUNICA LAND DEVELOPMENT LTD | order passed |
| CC006000000429034 | 01/02/2024 | Arun Kumar vs Lucina Land Development Limited | order passed |
| CC006000000479899 | 10/04/2024 | SUCHETA RAMNATH KOTIAN vs LUCINA LAND DEVELOPMENT LTD | order passed |
| CC006000000479791 | 04/04/2024 | HEMANT MISHR vs LUCINA LAND DEVELOPMENT LTD | order passed |
| CC006000000479914 | 04/04/2024 | HEMANT MISHR vs LUCINA LAND DEVELOPMENT LTD | order passed |
| CC006000000480101 | 16/04/2024 | Shilpi Mitra Bardoloi vs Lucina Land Development Limited | order passed |
| CC006000000500622 | 01/06/2024 | Mr Regi Thomas vs M/s Lucina Land Development Limited | order passed |
| CC006000000591207 | 16/07/2024 | Sadanand Mohan Bhalekar vs Lucina Land Development Ltd | order passed |
| CC006000000591543 | 16/08/2024 | ASHOK KUMAR DAVDA vs LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC006000000591558 | 16/08/2024 | ASHOK KUMAR DAVDA vs LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC006000000591559 | 16/08/2024 | ASHOK KUMAR DAVDA vs LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC12400637 | 01/11/2024 | Mehmood Raza Ali Baig vs Lucina Land Development Limited | order passed |
| CC12501670 | 23/05/2025 | Vijaykumar Bhanwarlal Malpani vs Lucina Land Development Limited | order passed |
| CC12501672 | 24/05/2025 | Sanjay Bhanwarlal Malpani vs Lucina Land Development Limited | order passed |
| CC12503714 | 20/10/2025 | Kavita Shrivastava vs Lucina Land Development Limited | order passed |
| CC12504077 | 19/11/2025 | SHIVKUMAR RAMSAGAR SHARMA vs Lucina Land Development Limited | order passed |
| CC12600012 | 01/01/2026 | Deepak Madhav Tudavekar vs Lucina Land Development Limited | pending / no order on file |
| SM12600105 | 30/01/2026 | Bhakti Achrekar vs Lucina Land Development Limited | order passed |
| CC12600454 | 25/01/2026 | Martin Luther G vs Lucina Land Development Limited | pending / no order on file |
| CC12600971 | 22/02/2026 | VISHAL KISHOR MAHAJAN vs Lucina Land Development Limited | pending / no order on file |
| CC12602319 | 20/04/2026 | Shubham Khatri vs Lucina Land Development Limited | pending / no order on file |
| CC12603638 | 12/06/2026 | Sandeep Kumar vs Lucina Land Development Limited | pending / no order on file |
The promoter has declared 5 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Scdrc, Maharashtra, Mumbai. | Consumer Compliant No. 945 | 2016 | Ongoing |
| Scdrc, Maharashtra, Mumbai. | Consumer Compliant No. 969 | 2016 | Ongoing |
| Scdrc, Maharashtra, Mumbai. | Consumer Compliant No. 970 | 2016 | Ongoing |
| Scdrc, Maharashtra, Mumbai. | Consumer Complaint No. 1240 | 2016 | Ongoing |
| Scdrc, Maharashtra, Mumbai. | Complaint No. 1278 | 2016 | Ongoing |
The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Jun 2027 | The Self Declaration of Reason for Delay is uploaded below in "OTHER" Tab. |
Located at Panvel, Sawala Apta Road, Ward GSouth, Mumbai City, 410207. Per the filed land record, the plot is bounded to the north by Indiabulls Park, to the south by Indiabulls Park, to the east by Indiabulls Park and to the west by Indiabulls Park. These are the boundaries as recorded in the filed land record.
The nearest major job hub is ~32 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 32 km |
| Bandra Kurla Complex (BKC) | 32 km |
| Chhatrapati Shivaji Int'l Airport | 34 km |
| Lower Parel / Worli business district | 34 km |
| Nariman Point / Fort | 35 km |
| Andheri MIDC / SEEPZ | 35 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.
🔒 What I’d do as a buyer here · Drawings Report
The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.
🔒 Which home to ask for · Drawings Report
The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.
The approved drawings
Everything above is on this page already, free, from the government record. The drawings are different: the 4 approved sheets are the same drawings the builder filed to get Indiabulls Park 2 approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.
What that turns up — from other projects’ filings:
ATS Knightsbridge · Sector 124, Noida
You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.
Oberoi Elysian · Goregaon East, Mumbai
“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.
Godrej Aristocrat · Sector 49, Gurugram
Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.
Prestige Camden Gardens · Thanisandra, Bengaluru
The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.
Buying in Indiabulls Park 2?
The completion date has been revised 1 time on the register. We read the 4 approved drawings on Indiabulls Park 2’s file and tell you which homes we would ask for, what sits around them, and what to get in writing before you pay the token.
This page is the free MahaRERA filing summary on Indiabulls Park 2. Both readings below are built from that same filing. See a real one first:
Sales Report sample: Palmspring Towers → · Drawings Report sample: Oberoi Elysian – Tower A → · browse all sample reports →
Payment is confirmed automatically. The Sales Report is delivered on payment. The Drawings Report is 1 working day. We email the link, so you can close the tab.
Sales Report · ₹2,999
Every home still unsold, beside what was filed for the same home on other floors · delivered on payment
Not useful to your decision? Full refund — no questions asked.
Drawings Report · ₹4,999
Every drawing on file, read — which home to ask for · 1 working day
Not useful to your decision? Full refund — no questions asked.
Paying from outside India? Pay $35 (Sales Report) and $59 (Drawings Report) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes, and send the 14-point booking checklist with the first email.
Lucina Land Development Limited is the promoter on 9 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).
See every Lucina Land Development Limited project & its RERA track record →
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: 10 Sep 2026