MahaRERA Property Intelligence · Panvel · Raigarh

Shri Basaveshwar Park 1

PR1271012600687 · Panvel · promoter New Life Space

The Drawings Report · ₹4,999

Which home should you ask for in Shri Basaveshwar Park 1?

We read every approved drawing and filed paper on this project’s RERA file.

74 of 74 homes still unsold in the latest filing · 10.1% of the project cost incurred.

  • Which home to ask for — and which to say no to
  • What the drawings put around it
  • What to get in writing before you pay a booking amount

One real find, from a Gurugram colony’s approved papers: 392.997 sq m already used of the 396 allowed — the promised extra room can never be built.

Get it for this project →

Not useful to your decision? Full refund — no questions asked. Sent as a PDF in one working day.

Or, since no sale has been filed on this project: the government has valued 74 homes here, and the Reckoner Record lists every one with the rate it implies.

The Reckoner Record · ₹999 →

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.

Read it here →

Delivery and registration

When is the project declared for completion?

Shri Basaveshwar Park 1 is registered with MahaRERA as PR1271012600687 and the promoter has declared completion for 30 Jun 2029.

30 Jun 2029

declared completion

33months to go

against the declared date

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

Source · MahaRERA project registration · read 02 Jul 2026

MahaRERA registrationPR1271012600687
Registered on08 Jun 2026
Promoter-declared completion30 Jun 2029
Current statusCertificate Signed
Against today33 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 Shri Basaveshwar Park 1 record 1 quarterly progress report 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 02 Jul 2026

Construction

How much construction cost has been reported?

In Shri Basaveshwar Park 1, ₹1.80 Cr of a declared ₹17.83 Cr estimated project cost is reported as incurred, about 10.1%, as at the last certified filing with MahaRERA.

10.1%

₹1.80 Cr

of ₹17.83 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 02 Jul 2026

Sales

How much has actually been sold?

In Shri Basaveshwar Park 1, 0 of 74 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 74 remain available.

0%sold

0 of 74 homes

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability.

Source · MahaRERA sold/unsold inventory filing · read 02 Jul 2026

The inventory filing also declares: 26 not for sale.

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for Shri Basaveshwar Park 1 in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 07 September 2026

What the filings record, home by home

Read from MahaRERA on 07 September 2026

No home in Shri Basaveshwar Park 1 carries a registered agreement value on its MahaRERA filing, so there is no record here of what anyone has paid. What the promoter has filed is the government ready reckoner value for 74 homes — the Annual Statement of Rates valuation, with each home’s carpet area and floor already applied. Across them that is Rs 6,235 a sq ft typical, over Rs 6,192 to Rs 6,250.

A reckoner value is the basis stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home to you.

The Reckoner Record lists all 74 of them — each home, its RERA carpet area, the valuation filed against it and the rate that works out to. It is the filing copied, not a reading of it.

See all 74 filed valuations — ₹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+7 and 58 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No. 12G+742-
Building No. 21G+416-

Unit mix on the filing: 100 residential.

Complaints

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

Location, Land & Connectivity

Located at Panvel, Survey No. 54/7, Thane, Thane, 410206. Per the filed land record, the plot is bounded to the north by Adj. Survey No 50, to the south by Adj Hissa no. 3, to the east by Adj. Hissa No 5 and to the west by Adj. Survey No 50. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~21 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 park21 km
Bandra Kurla Complex (BKC)25 km
Andheri MIDC / SEEPZ25 km
Chhatrapati Shivaji Int'l Airport25 km
Lower Parel / Worli business district31 km
Nariman Point / Fort35 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.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 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.

Unlock in the ₹4,999 report →

The approved drawings

Everything above is on this page already, free, from the government record. The approved drawings are different: the sheets the builder filed to get Shri Basaveshwar Park 1 approved show what sits under each tower, which floor holds machines, and 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.

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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

Shri Datta
possession by Dec 2026 · Sudam Lahu Gharat
Shri Ganesh Krupa
possession by Dec 2026 · Shree Ganesh Builders & Developers
Shri Mangalmurthi Sahakari Gruh Nirman Sanstha Maryadit
possession by May 2027 · Shri Mangalmurthi Sahakari Gruhnirman Sa
Shri Samarth Krupa
declared completion Dec 2022 · Ambika Group
Shrivega
possession by Jan 2028 · Shrivega
Shubh Krishna Enclave
declared completion Jun 2022 · Shubh Enterprises

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: 10 Sep 2026