MahaRERA · the public record
Indiabulls Park 3
Panvel · Lucina Land Development Limited
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E2506 has north-east-facing living space and a south-west entrance. E3001 reverses those directions and sits on the top floor. The report compares named flats, refuge adjacency and shared gardens using the March 2026 filing, read on 17 September 2026; this is not live availability.
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Free project details
Registration read 18 Jul 2026RERA details for Indiabulls Park 3
MahaRERA · P52000000488
Delivery and registration
When is the project declared for completion?
Indiabulls Park 3 is registered with MahaRERA as P52000000488 and the promoter has declared completion for 30 Apr 2028.
30 Apr 2028
declared completion
18months 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 registration | P52000000488 |
| Registered on | 18 Jul 2017 |
| Promoter-declared completion | 30 Apr 2028 |
| Current status | Certificate Signed |
| Against today | 18 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 3 record 4 quarterly progress reports since registration.
4quarterly filings
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 3 , ₹276.20 Cr of a declared ₹557.33 Cr estimated project cost is reported as incurred, about 49.6%, as at the last certified filing with MahaRERA.
49.6%
₹276.20 Cr
of ₹557.33 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 3 , 770 of 937 homes filed with MahaRERA are recorded as sold or booked (588 with registered agreements and 182 booked), about 82%, and 167 are filed as unsold.
82%sold or booked
770 of 937 homes
₹548.73 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, ₹295.63 Cr (about 54%) is recorded as collected and ₹253.10 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 18 Jul 2026
Filed agreement values: across 770 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹8,976/sqft, with eight in ten falling between ₹7,410 and ₹10,182 — 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 771 homes carry one, and 166 of the 937 are recorded unsold. Since we started watching this ledger, 13 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:
| Home | Carpet | Filed comparison | Based on |
|---|---|---|---|
| COSMOS3C-1008 | 733 sqft | Rs 64.04 lakh typical, over Rs 31.54 lakh to Rs 1.15 cr 6 unusually low or high filed amounts are included in this range. Check the individual entries before using it to discuss a price. | 150 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 3 , every one of the 166 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.
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 937 homes are registered across the project.
| Building | Wings | Floors | Units | Declared completion |
|---|---|---|---|---|
| 3 C | 1 | G+43 | 268 | - |
| 4 A | 1 | G+43 | 268 | - |
| 4 B | 1 | G+43 | 268 | - |
| 1 | 1 | G+43 | 133 | - |
Unit mix on the filing: 937 residential.
Legal and disputes
What disputes are disclosed?
26 complaints are on the MahaRERA record for Indiabulls Park 3 , with orders passed in 22 of them.
26complaints
22with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 18 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000001291 | 20/10/2017 | PRADIP SHRIPAT PATANKAR vs LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC006000000044300 | 19/12/2018 | Vijay Shetty vs M/s Lucina Land Development Limited | order passed |
| CC006000000044313 | 30/04/2018 | Dinesh Kumar Nahar vs M./s Lucina Land Development Limited | order passed |
| CC006000000057332 | 16/12/2018 | Mrs SUSHILA GAUTAM vs Indiabulls ( Lucina Land Development Limited ) | order passed |
| CC006000000197246 | 21/06/2021 | EDWARD JOHN vs MS LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC006000000197687 | 22/07/2021 | Dr. Mrs. Milan Parag Telang vs Lucina Land Development Limited | order passed |
| CC006000000195953 | 09/02/2021 | Ashwini A. Shinde vs Lucia Land Development Ltd. | order passed |
| CC006000000196144 | 26/02/2021 | SAHEB RAMASHREY YADAV vs M/s. LUCINA LAND DEVELOPMENT LIMITED | order passed |
| CC006000000197399 | 24/06/2021 | Rajib Kumar Bachhawat vs Lucina Land Development Limited | order passed |
| CC006000000354425 | 27/02/2023 | Pratibha Patil vs Lucina Land Development Limited | order passed |
| CC006000000374768 | 28/03/2023 | Chandramohan Manohar Potdar vs Lucina Land Development Limited | order passed |
| CC006000000375004 | 21/04/2023 | Subrat Kaushik vs Lucina Land Development Limited | order passed |
| CC006000000395564 | 07/05/2023 | RATNAKAR SURYAWANSHI Gopalrao Suryawanshi vs Lucina Land Development Limited | order passed |
| CC006000000397763 | 12/10/2023 | MRS MANISHA SHANKAR CHILAP vs LUCINA LAND DEVELOPMENTLTD | order passed |
| CC006000000591308 | 31/07/2024 | Venkataramani Ramamurthy vs Lucina Land Development Limited | order passed |
| CC006000000591331 | 26/07/2024 | Chitra Hari vs Lucina Land Developmentt | order passed |
| CC006000000591494 | 10/08/2024 | ankushpure vs Lucina Land Development Ltd | order passed |
| CC12400219 | 24/09/2024 | Joyson Savio Dsilva vs Lucina Land Development Limited | order passed |
| CC12502068 | 24/06/2025 | Dinesh Ashok More vs Lucina Land Development Limited | order passed |
| CC12501496 | 04/05/2025 | Cyriac Mathew Mankunnathu vs Lucina Land Development Limited | order passed |
| CC12502055 | 24/06/2025 | UNNATHAN SHEKHAR vs Lucina Land Development Limited | order passed |
| CC12503199 | 10/09/2025 | SMITA CHALLU vs Lucina Land Development Limited | pending / no order on file |
| CC12503763 | 28/10/2025 | Tarun NB Singh vs Lucina Land Development Limited | pending / no order on file |
| CC12504297 | 05/12/2025 | Nikita Shrenik Jain vs Lucina Land Development Limited | pending / no order on file |
| SM12600111 | 06/02/2026 | Bhakti Achrekar vs Lucina Land Development Limited | order passed |
| CC12601276 | 09/03/2026 | Namrata Dayanand Jambhale vs Lucina Land Development Limited | pending / no order on file |
Legal & Litigation
The promoter has declared 9 court cases on this project to MahaRERA. Filed statuses: 9 “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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Civil Judge Senior Division Panvel | 214/2015 | 2015 | Ongoing Filed description: Pending for hearing |
| Scdrc, Maharashtra, Mumbai. | Consumer Complaint No. 944 | 2016 | Ongoing Filed description: Mrs. Meena Shukla and Mr. Prateek Shukla provisionally booked flat No.44/2604 in "Indiabulls Green", village Kon, Tal. Panvel for Rs. 66,13,200/-. Plaintiffs made part payment of Rs.13,63,510/-. 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.13,63,510/- amount paid and Rs.50,000/- towards cost of Complaint. (Flat No. COSMOS 3C-2402) |
| Scdrc, Maharashtra, Mumbai. | Consumer Complaint No. 948 | 2016 | Ongoing Filed description: Mr. Ravi A. Khandelwal and Mrs. Ruchi Ravi Khandelwal provisionally booked flat No.32-1001 in "Indiabulls Green", village Kon, Tal. Panvel for Rs. 60,01,300/-. Plaintiffs made part payment of Rs.11,87,349/-. 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.11,87,349/- amount paid and Rs.50,000/- towards cost of Complaint. (Flat No. COSMOS 3B-1407) |
| Scdrc, Maharashtra, Mumbai. | 2016 | 2016 | Ongoing Filed description: Mr. Muhammad S. Shaikh provisionally booked flat No.37B2-201 in "Indiabulls Green", village Kon, Tal. Panvel for Rs. 44,88,500/-. Plaintiffs made part payment of Rs.9,25,500/-. 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.9,25,500/- with 24% interest and Rs.50,000/- towards cost of Complaint. (Flat No. JASMINE 4A-802) |
| Scdrc, Maharashtra, Mumbai. | Complaint No. 1155 | 2016 | Ongoing Filed description: The Complainant booked 4 BHK Flat No.R-1902 admeasuring 2252 sq.ft. for total consideration of Rs.86,72,480/- in Indiabulls Green Panvel Project at village Kon, Panvel, Dist. Raigad. He made part payment of Rs.17,34,496/-. 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. LOTUS 1-1803) |
| Dcdrc, Maharashtra, Mumbai. | Complaint No. 122 | 2017 | Ongoing Filed description: The Complainant booked 2 BHK Flat No.40D/1701 for total consideration of Rs.65,03,380/- in Indiabulls Green Panvel Project at village Kon, Panvel, Dist. Raigad. He made part payment of Rs.12,87,966/-. Since there was delay in construction and to execute the ATS. Hence this Complaint is filed for possession of the flat with compensation. (JASMINE 4A-2704) |
| Scdrc, Mumbai | CC No. 583 | 2019 | Ongoing Filed description: The Complainant has provisionally reserved the flat bearing no. 6B-903 in the project Indiabulls Park. The Complainant disputes that the Respondents have failed to execute AFS as per the condition of the Application form despite of several requests and also disputes on the reallocated flat. Hence, seeking refund of the entire amount of Rs. 5,40,430 alongwith interest and compensation. (Flat No. COSMOS 3C-901) |
| District Consumer Dispute Redressal Forum, Central Mumbai | CC No. 202 | 2022 | Ongoing |
| District Consumer Disputes Redressal Commission, Central Mumbai. | Consumer Complaint No. 508 of 2023 | 2023 | Ongoing |
Deadline Extensions
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 Apr 2028 | The 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.
| 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.