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Registered No litigation declared Residential / Group Housing project

Decent Rise

RG-MH-53307 · RERA PR1240002601582 · Last updated on MahaRERA portal: 24 May 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 1 earlier projects delivered on promise
Jump to the 3 documents Report an error

Decent Rise is a Residential / Group Housing project by Fanil Mahendra Shah in Palghar, Maharashtra, registered with MahaRERA as PR1240002601582 on 18 Aug 2026. Possession is promised by 30 Jun 2029.

At a glance

Project

  • NameDecent Rise
  • TypeResidential / Group Housing
  • Location
    • Decent Rise
    • Behind Adinath Jain Temple
    • Palghar
    • 401404
  • Pincode401404
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR1240002601582
  • ReraGenie IDRG-MH-53307

Builder

  • NameFanil Mahendra Shah
  • Entity typeHindu Undivided Family
  • GSTIN27AAAHF2186E1ZK
  • Track record2 past projects →

Key dates

todayRegisteredAug 2026PromisedJun 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on18 Aug 2026
  • Promised completion30 Jun 2029
  • Revised completionNone
  • Buildings1 building record
  • Documents filed3 files

Current status

0%0 of 51 units booked

Figures as on 24 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Decent RiseNA8849251

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building1

As on 24 May 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing.

Decent Rise: 11% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%

Progress on shared amenities15

As on 24 May 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing.

Common facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyNo100%
Sewerage (Chamber, Lines, Septic Tank , STP)No0%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingNo0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNo0%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNo0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationNo0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed68

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots68
Open Space47
Stilt / Ground21

Land and ownership

Land area924 sq m
Promoter owns the landYes
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on25 Jun 2026

Approvals and building plan

Permissible FSI2532.79
Proposed, not sanctioned2,525 sq m
Buildings approved1
Buildings sanctioned1

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA.

Separate project accountDeclared
Bank branchICICI Bank Ltd., Ground Floor, Shivprasad Commercial Complex, Mahim Road, Palghar.401404

Certifying professionals and partners3

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectShrikant Yevale
EngineerYogesh Damjibhai Vaja
Chartered AccountantZenith Mukesh Jain
PartnerRole in project
Fanil M Shah HUF-

Complaints filed with MahaRERA

No complaints on record against this registration.

Documents filed3

As listed on the registration. The files themselves are on the MahaRERA portal.

DocumentUploaded
Annexure A24 May 2026
FINAL APPROVED PLAN 17-9-2510 May 2026
NAORDER10 May 2026

Promoter's earlier projects1

As disclosed by the promoter in this filing.

1 delivered on promise
ProjectStatusPromisedDeliveredLitigation
DECENT LIFE SPACE 2CompletedDec 2026Nov 2025No

How this compares with Palghar

0%of this project is bookeddistrict median 27%
31%of Palghar projects moved their completion datethis one has not
28%of Palghar registrations have lapsed or been cancelledthis one is on the register

Computed across the 3,200 Palghar projects on ReraGenie, from their own filings.

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Other projects near Behind Adinath Jain Temple3,200 in Palghar

Builder: Fanil Mahendra Shah

Fanil Mahendra shah has 2 registrations on MahaRERA, including Decent Cielo and Decent Rise. Its filings disclose 2 earlier MahaRERA projects, none completed yet. Read the full track record. See more projects on the Palghar district page.

Frequently asked questions

What are my rights if Decent Rise is delayed beyond 30 Jun 2029?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of Decent Rise?

The registered promoter entity is Fanil Mahendra Shah, a hindu undivided family as per the filing. Its GSTIN 27AAAHF2186E1ZK can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in Decent Rise?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How current is the construction progress shown for Decent Rise?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at Decent Rise?

The professionals named in the filing: Architect: Shrikant Yevale; Engineer: Yogesh Damjibhai Vaja; Chartered Accountant: Zenith Mukesh Jain. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in Decent Rise?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Planning to buy here? The Rs 499 buyer report adds red flags, the progress-versus-promise read, this promoter's other registrations and what the filed documents say, plus a ZIP of every document on the filing. It includes the Rs 299 project watch free for 90 days: an email in plain words every time this project's filing changes. See a real sample report before you buy. Get the buyer report · Rs 499
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Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.

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