Mumbai/Project record

MahaRERA · the public record

Indiabulls Park 2

Panvel · Lucina Land Development Limited

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234units filed as unsoldInventory · 22 October 2026
30 Jun 2027declared completionMahaRERA registration · read 18 Jul 2026
804registered unitsMahaRERA registration · read 18 Jul 2026

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Registration read 18 Jul 2026

RERA details for Indiabulls Park 2

MahaRERA · P52000000835

Delivery and registration

When is the project declared for completion?

Indiabulls Park 2 is registered with MahaRERA as P52000000835 and the promoter has declared completion for 30 Jun 2027.

30 Jun 2027

declared completion

8months to go

against the declared date

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

Source · MahaRERA project registration · read 18 Jul 2026

MahaRERA registrationP52000000835
Registered on23 Jul 2017
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today8 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 Indiabulls Park 2 record 4 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 18 Jul 2026

  • Filing progress reports — 4 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Lucina Land Development Limited is the promoter of record on 9 projects registered with MahaRERA.

9projects

registered with 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 18 Jul 2026

Construction

How much construction cost has been reported?

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 18 Jul 2026

Sales

How many are filed as sold or booked?

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 are filed as unsold.

70%sold or booked

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 18 Jul 2026

Filed agreement values: across 563 sold or booked entries with usable filed values and areas, 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.

What the filings record, home by home

Read from MahaRERA on 22 October 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 sold or booked entries the filed agreement value — the consideration filed for that specific home. On this project 570 homes carry one, and 234 of the 804 are recorded unsold. Since we started watching this ledger, 17 homes have moved out of the unsold list, most recently on 22 October 2026.

Here is one home filed as unsold, beside the amounts filed for comparable homes:

HomeCarpetFiled comparisonBased on
ROSE5C-101742 sqftRs 64.48 lakh typical, over Rs 31.54 lakh to Rs 1.17 cr
6 unusually low or high filed amounts are included in this range. Check the individual entries before using it to discuss a price.
147 filed · similar area (within 2%), same building

A filed consideration is the amount the promoter reported 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.

In Indiabulls Park 2, every one of the 234 unsold homes has filed sales to compare with. The Sales Report gives each of them its own row — the filed agreements behind its comparison listed in full, the government reckoner value the promoter filed against it, and mortgage status where the filing supplies it. Missing mortgage information is not confirmation that a unit is free of a mortgage. Built from the filing itself, sent by email.

See the other 233 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+43 and 804 homes are registered across the project.

BuildingWingsFloorsUnitsDeclared completion
5 A1G+43268-
5 B1G+43268-
5 C1G+43268-

Unit mix on the filing: 804 residential.

Legal and disputes

What disputes are disclosed?

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 18 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000000116009/10/2017AMIT SHAH vs Lucina Land Development Ltdorder passed
CC00600000000072718/09/2017Kumud Singh vs Indiabullsorder passed
CC00600000002332317/02/2018AMIT DILIP SHAH vs lucina land development ltdorder passed
CC00600000002376720/03/2018Manek Laxmidas Shah vs LUCINA LAND DEVELOPMENT LIMITEDorder passed
CC00600000004430130/04/2018Anant Patil vs M/s Lucina Land Development Limitedorder passed
CC00600000005636828/09/2018Subhash Enterprises Private Limited vs Lucina Land Development Limitedorder passed
CC00600000007897227/04/2019Nikunja Bihari Pradhan vs Lucina Land Development Limitedorder passed
CC00600000011074529/08/2019Salman Usman Kazi vs Lucina Land Development Limitedorder passed
CC00600000019462028/10/2020Mr Jaydas M Gowari & Mrs Vaishali J Gowari vs M/s Lucina Land Development Limitedorder passed
CC00600000019463526/10/2020Mr Ghanshyam A Yadav & Mrs Asha G Yadav vs Lucina Land Development Limitedorder passed
CC00600000020961304/01/2022Mr Neelesh Jha and Mrs Tricia Jha vs M/s Lucina Land Development Limitedorder passed
CC00600000021042217/03/2022Ms. Neeta Anil Shete vs Lucina Land Development Limitedorder passed
CC00600000030295931/10/2022Rahul Saunik vs Lucina Land Development Limitedorder passed
CC00600000033400223/01/2023Niranjan Kumar Sinha vs Lucina Land Development Ltdorder passed
CC00600000038542528/04/2023Rashmi Chorwadi vs Lucina Land Development Limitedorder passed
CC00600000039792522/10/2023JASBIR KAUR JASPAL SINGH MALHOTRA vs LUCINA LAND DEVELOPER LTDorder passed
CC00600000039795524/10/2023Vinod Manohar Punjabi vs Lucina Land Development Ltd.order passed
CC00600000042881916/01/2024SMITA NAVEEN RAI vs LUNICA LAND DEVELOPMENT LTDorder passed
CC00600000042903401/02/2024Arun Kumar vs Lucina Land Development Limitedorder passed
CC00600000047989910/04/2024SUCHETA RAMNATH KOTIAN vs LUCINA LAND DEVELOPMENT LTDorder passed
CC00600000047979104/04/2024HEMANT MISHR vs LUCINA LAND DEVELOPMENT LTDorder passed
CC00600000047991404/04/2024HEMANT MISHR vs LUCINA LAND DEVELOPMENT LTDorder passed
CC00600000048010116/04/2024Shilpi Mitra Bardoloi vs Lucina Land Development Limitedorder passed
CC00600000050062201/06/2024Mr Regi Thomas vs M/s Lucina Land Development Limitedorder passed
CC00600000059120716/07/2024Sadanand Mohan Bhalekar vs Lucina Land Development Ltdorder passed
CC00600000059154316/08/2024ASHOK KUMAR DAVDA vs LUCINA LAND DEVELOPMENT LIMITEDorder passed
CC00600000059155816/08/2024ASHOK KUMAR DAVDA vs LUCINA LAND DEVELOPMENT LIMITEDorder passed
CC00600000059155916/08/2024ASHOK KUMAR DAVDA vs LUCINA LAND DEVELOPMENT LIMITEDorder passed
CC1240063701/11/2024Mehmood Raza Ali Baig vs Lucina Land Development Limitedorder passed
CC1250167023/05/2025Vijaykumar Bhanwarlal Malpani vs Lucina Land Development Limitedorder passed
CC1250167224/05/2025Sanjay Bhanwarlal Malpani vs Lucina Land Development Limitedorder passed
CC1250371420/10/2025Kavita Shrivastava vs Lucina Land Development Limitedorder passed
CC1250407719/11/2025SHIVKUMAR RAMSAGAR SHARMA vs Lucina Land Development Limitedorder passed
CC1260001201/01/2026Deepak Madhav Tudavekar vs Lucina Land Development Limitedpending / no order on file
SM1260010530/01/2026Bhakti Achrekar vs Lucina Land Development Limitedorder passed
CC1260045425/01/2026Martin Luther G vs Lucina Land Development Limitedpending / no order on file
CC1260097122/02/2026VISHAL KISHOR MAHAJAN vs Lucina Land Development Limitedpending / no order on file
CC1260231920/04/2026Shubham Khatri vs Lucina Land Development Limitedpending / no order on file
CC1260363812/06/2026Sandeep Kumar vs Lucina Land Development Limitedpending / no order on file

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. Filed statuses: 5 “Ongoing”. These are the promoter's filed statements, not a current court check. A disposed application or motion does not establish that the whole case is closed. 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.

CourtCase no.YearStatus
Scdrc, Maharashtra, Mumbai.Consumer Compliant No. 9452016Ongoing
Filed description: Mrs. Reeja Sujoy and Mr. Sujoy Philip provisionally booked flat No.C-42/3006 in "Indiabulls Green", village Kon, Tal. Panvel for Rs. 70,66,250/-. Plaintiffs made part payment of Rs.7,28,460/-. Since there was change in area and cost of the flat and Lucina failed to handover the possession of the flat, Plaintiffs being aggreived filed this Complaint and prayed to comply MOFA obligations, handing over vacant and peaceful possession of flat and permanent injunction from creating third party rights in the flat.Plaintiffs further prayed for compensation of Rs.2,00,000/- towards loss and mental agony and to receive 24% interest on Rs.7,28,460/- amount paid and Rs.50,000/- towards cost of Complaint. (Flat No. ROSE5C-3105)
Scdrc, Maharashtra, Mumbai.Consumer Compliant No. 9692016Ongoing
Filed description: Mr. Abhishek Nimbalkar provisionally booked flat No.2106 in "Indiabulls Green", village Kon, Tal. Panvel for Rs.60,69,300/-. Plaintiffs made part payment of Rs.12,29,488/-. Since there was change in area and cost of the flat and Lucina failed to handover the possession of the flat, Plaintiffs being aggreived filed this Complaint and prayed to comply MOFA obligations, handing over vacant and peaceful possession of flat and permanent injunction from creating third party rights in the flat.Plaintiffs further prayed for compensation of Rs.5,00,000/- towards loss and mental agony and to receive 24% interest on Rs.12,29,488/- amount paid, and Rs.50,000/- towards cost of Complaint. (Flat No. ROSE 5C-2201)
Scdrc, Maharashtra, Mumbai.Consumer Compliant No. 9702016Ongoing
Filed description: Mr. Radha Bijalwan and Mrs. Pooja Bijalwan provisionally booked flat No.2305 in "Indiabulls Green", village Kon, Tal. Panvel for Rs. 82,52,590/-. Plaintiffs made part payment of Rs.15,98,538/-. Since there was change in area and cost of the flat and Lucina failed to handover the possession of the flat, Plaintiffs being aggreived filed this Complaint and prayed to comply MOFA obligations, handing over vacant and peaceful possession of flat and permanent injunction from creating third party rights in the flat.Plaintiffs further prayed for compensation of Rs.5,00,000/- towards loss and mental agony, to get refund of Rs.15,98,538/- with 24% interest and Rs.50,000/- towards cost of Complaint. (Flat No. ROSE 5A-2305)
Scdrc, Maharashtra, Mumbai.Consumer Complaint No. 12402016Ongoing
Filed description: The Complainant booked 2 BHK Flat No.35C1 admeasuring 800 sq. ft. for total consideration of Rs.57,58,800/- in Indiabulls Green Panvel Project at village Kon, Panvel, Dist. Raigad. He made part payment of Rs.11,87,350/-. Since there was delay in construction and to execute the ATS. Hence this Complaint is filed for possession of the flat with compensation. (Flat No. ROSE 5B-2608)
Scdrc, Maharashtra, Mumbai.Complaint No. 12782016Ongoing
Filed description: Mrs.Rashmi K. Mehta provisionally booked 2 BHK flat No.30-404 in "Indiabulls Green", village Kon, Tal. Panvel for Rs. 53,63,000/-. Plaintiffs made part payment of Rs.10,21,245/-. Since there was change in area and cost of the flat and Lucina failed to handover the possession of the flat, Plaintiffs being aggreived filed this Complaint and prayed to comply MOFA obligations, handing over vacant and peaceful possession of flat and permanent injunction from creating third party rights in the flat.Plaintiffs further prayed for compensation of Rs.5,00,000/- towards loss and mental agony, to get refund of Rs.10,21,245/- with 24% interest and Rs.50,000/- towards cost of Complaint. (Flat No. ROSE 5B-508)

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.

FromExtended toStated reason
as registered30 Jun 2027The Self Declaration of Reason for Delay is uploaded below in "OTHER" Tab.

Location, Land & Connectivity

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.

Location & connectivity

The nearest of the listed job hubs is about 32 km in a straight line from the mapped location. Road distance and travel time will differ.

LandmarkStraight-line
Powai / Hiranandani business park32 km
Bandra Kurla Complex (BKC)32 km
Chhatrapati Shivaji Int'l Airport34 km
Lower Parel / Worli business district34 km
Nariman Point / Fort35 km
Andheri MIDC / SEEPZ35 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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More projects in Raigarh

Other RERA-registered projects in Raigarh

Indiabulls Park 3
declared completion Apr 2028 · Lucina Land Development Limited
Indiabulls Park 4
declared completion Dec 2028 · Lucina Land Development Limited
Indiabulls Park 5
declared completion Dec 2028 · Lucina Land Development Limited
Indiabulls Savroli - 1
declared completion Feb 2019 · Sylvanus Properties Limited
Indiabulls Savroli - 3
declared completion Dec 2026 · Sylvanus Properties Limited
Indra
declared completion Aug 2023 · Greenbricks Infradevelopers Pvt.ltd.

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.

Registration details and regulatory notices are drawn from the held MahaRERA record. See more Mumbai, Thane & the MMR projects.

Registration last seen on RERA: 25 Oct 2026. Document and inventory dates are shown in their sections.