Home / Browse projects / Palghar, Maharashtra / ICON RESIDENCY
ICON RESIDENCY
By ICON BUILDERS AND DEVELOPERS
RG-MH-19936 · RERA P99000006871 · Last updated on MahaRERA portal: 28 Jun 2025
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Completion date moved by 83 months
- 4 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Palghar registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
ICON RESIDENCY is a Others project by ICON BUILDERS AND DEVELOPERS in Palghar, Maharashtra, registered with MahaRERA as P99000006871 on 16 Aug 2017. Possession is promised by 30 Jun 2027. The completion date has moved by 83 months from the original filing. 33 of the 52 units on this registration are recorded sold or booked, and 18 of 22 construction stages are filed complete.
At a glance
Project
- NameICON RESIDENCY
- TypeOthers
- Location
- MAHIM ROAD
- Haranwadi
- Mahim
- Palghar
- 401404
- Pincode401404
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000006871
- ReraGenie IDRG-MH-19936
Builder
- NameICON BUILDERS AND DEVELOPERS
- Entity typePartnership
- PartnersSUNIL DAMAJI SATRA, FIROZ KAMRUDIN STOWALLA, RAKSHA NAVIN VORA, AJAY Y THAKUR, RAFIQBHAI ABDUL MEMON
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on16 Aug 2017
- Promised completion30 Jun 2027
- Revised completionRevised to 30 Jun 2027 (originally 30 Jul 2020)
- Buildings2 building records
- Documents filed94 files
Current status
Figures as on 28 Jun 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING 2 WING C | NA | 8 | 7 | 30 | 4 | 34 |
| BUILD 2 WING D | NA | 8 | 7 | 18 | 0 | 18 |
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 building2
As on 28 Jun 2025, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
18 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Installation of Lifts, at 85%.
BUILDING 2 WING C90%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 85% |
BUILD 2 WING D90%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 85% |
Progress on shared amenities15
As on 28 Jun 2025, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed1
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.
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| VIKAS MORESHWAR PATIL | Borivali | Mumbai Suburban |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BUILDING 2 WING C | NA | Rs 3.40 cr | Rs 3.40 cr |
| BUILD 2 WING D | NA | Rs 2.30 cr | Rs 2.30 cr |
| - | NA | Rs 93.87 lakh | Rs 84.48 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | YOGESH MHATRE SAIRACHANA |
| Engineer | Mahendrakumar Rane |
| Chartered Accountant | Bharat Dhonde |
| Chartered Accountant | Mohammad Memon |
| Partner | Role in project |
|---|---|
| ICON BUILDERS AND DEVELOPERS | - |
Extensions applied for4
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDate 20.03.2021 To, The Secretary MahaRERA Mumbai Subject - Extension of RERA Registration certificate of project ending with 30.01.2021 to 30.01.2022. Project: ICON RESIDENCY, Plot No: GAT NO 832¬1 at Mahim, Palghar, Palghar,401404; RERA Registration No P99000006871. Respected Sir, We have registered our project as on going project and our Date of Completion as per MahaRera registration certificate was valid up to 31/07/2019. However the project was delayed to economic conditions and we applied and obtained Extension of Project up to 30.01.2021. The said project is complete as per our Archite
Reason as filed by the promoter27.10.2022 To, The Secretary MahaRERA Mumbai Subject - Extension of RERA Registration certificate of the project ending from 30.07.2022 to 30.06.2024. Project: ICON RESIDENCY, Plot No: GAT NO 832¬1 at Mahim, Palghar, Palghar,401404; RERA Registration No P99000006871. Respected Sir, We have registered our project as a going project and our Date of Completion as per the MahaRera registration certificate was valid up to 30.07.2022. The said project is 90 % complete as per our Architect Form 1 and Engineers Form 2. Considering the situation, we are hopeful to complete the project within one year b
Reason as filed by the promoterReg. Application for Extension of Project ICON RESIDENCY Reg. No. P99000006871 Ours is a Residential cum Commercial Construction project located in rural area of Village Mahim, Taluka and District Palghar . We registered our project as an Ongoing Project within time i.e before 31.07.2017. 1. At the time of Registration we submitted Original and the Revised Date of Completion as 31 July 2019. 2. However, due to general recession in Real Estate Sector, lack of liquidity in NBFC and slow growth in economy, dried the resources with the customers, The new sale is also very slow. In spite, this we c
Reason as filed by the promoterKindly find the Attached Covering Letter
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 25 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 22 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 22 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 30 Jun 2027
Documents filed94
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 94 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Form 1File: Form 1 22-07-2017.pdf | 28 Jun 2025 |
| Form 2File: Form 2 22-07-2017.pdf | 28 Jun 2025 |
| Form 3File: Form 3 as on 31-03-2018.pdf | 28 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold- 30-06-2018.pdf | 28 Jun 2025 |
| Form 1File: Form 1 22-07-2017.pdf | 28 Jun 2025 |
| Form 2File: Form 2 22-07-2017.pdf | 28 Jun 2025 |
| Form 3File: Form 3 as on 31-03-2019.pdf | 28 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold- 30-06-2018.pdf | 28 Jun 2025 |
| Form 1File: Form 1 22-07-2017.pdf | 28 Jun 2025 |
| Form 2File: Form 2 22-07-2017.pdf | 28 Jun 2025 |
| Form 3File: Form 3 as on 31-03-2020.pdf | 28 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold- 30-06-2018.pdf | 28 Jun 2025 |
| Form 1File: Form 1 22-07-2017.pdf | 28 Jun 2025 |
| Form 2File: Form 2 22-07-2017.pdf | 28 Jun 2025 |
| Form 3File: Form 3 as on 31-03-2021.pdf | 28 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold- 30-06-2018.pdf | 28 Jun 2025 |
| Form 5 (FY 2017-2018)File: Form 5 as on 2017-18.pdf | 25 Jun 2025 |
| Form 5 (FY 2018-2019)File: Form 5 as on 2018-19.pdf | 25 Jun 2025 |
| Form 5 (FY 2019-2020)File: Form 5 as on 2019-20.pdf | 25 Jun 2025 |
| Form 5 (FY 2020-2021)File: Form 5 as on 2020-21.pdf | 25 Jun 2025 |
| Form 5 (FY 2023-2024)File: Form 5 as on 2023-24.pdf | 24 Jun 2025 |
| Form 5 (FY 2022-2023)File: Form 5 as on 2022-23.pdf | 24 Jun 2025 |
| Form 5 (FY 2021-2022)File: Form 5 as on 2021-22.pdf | 24 Jun 2025 |
| Form 1File: 1 Form 1 as on 30-06-2022.pdf | 21 Jun 2025 |
| Form 2File: 1 Form 2 as on 30-06-2022.pdf | 21 Jun 2025 |
| Form 3File: 1 Form 3 as on 30-06-2022.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 1 Disclosure of sold unsold- 30-06-2022.pdf | 21 Jun 2025 |
| Form 1File: 2 Form 1 as on 30-09-2022.pdf | 21 Jun 2025 |
| Form 2File: 2 Form 2 as on 30-09-2022.pdf | 21 Jun 2025 |
| Form 3File: 2 Form 3 as on 30-09-2022.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 2 Disclosure of sold unsold- 30-09-2022.pdf | 21 Jun 2025 |
| Form 1File: 3 Form 1 as on 31-12-2022.pdf | 21 Jun 2025 |
| Form 2File: 3 Form 2 as on 31-12-2022.pdf | 21 Jun 2025 |
| Form 3File: 3 Form 3 as on 31-12-2022.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 3 Disclosure of sold unsold- 31-12-2022.pdf | 21 Jun 2025 |
| Form 1File: 4 Form 1 as on 31-03-2023.pdf | 21 Jun 2025 |
| Form 2File: 4 Form 2 as on 31-03-2023.pdf | 21 Jun 2025 |
| Form 3File: 4 Form 3 as on 31-03-2023.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 4 Disclosure of sold unsold- 31-03-2023.pdf | 21 Jun 2025 |
| Form 1File: 5 Form 1 as on 30-06-2023.pdf | 21 Jun 2025 |
| Form 2File: 5 Form 2 as on 30-06-2023.pdf | 21 Jun 2025 |
| Form 3File: 5 Form 3 as on 30-06-2023.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 5 Disclosure of sold unsold- 30-06-2023.pdf | 21 Jun 2025 |
| Form 1File: 6 Form 1 as on 30-09-2023.pdf | 21 Jun 2025 |
| Form 2File: 6 Form 2 as on 30-09-2023.pdf | 21 Jun 2025 |
| Form 3File: 6 Form 3 as on 30-09-2023.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 6 Disclosure of sold unsold- 30-09-2023.pdf | 21 Jun 2025 |
| Form 1File: 7 Form 1 as on 31-12-2023.pdf | 21 Jun 2025 |
| Form 2File: 7 Form 2 as on 31-12-2023.pdf | 21 Jun 2025 |
| Form 3File: 7 Form 3 as on 31-12-2023.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 7 Disclosure of sold unsold- 31-12-2023.pdf | 21 Jun 2025 |
| Form 1File: 8 Form 1 as on 31-03-2024.pdf | 21 Jun 2025 |
| Form 2File: 8 Form 2 as on 31-03-2024.pdf | 21 Jun 2025 |
| Form 3File: 8 Form 3 as on 31-03-2024.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 8 Disclosure of sold unsold- 31-03-2024.pdf | 21 Jun 2025 |
| Form 1File: 9 Form 1 as on 30-06-2024.pdf | 21 Jun 2025 |
| Form 2File: 9 Form 2 as on 30-06-2024.pdf | 21 Jun 2025 |
| Form 3File: 9 Form 3 as on 30-06-2024.pdf | 21 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: 9 Disclosure of sold unsold- 30-06-2024.pdf | 21 Jun 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Not Applicable.pdf | 15 Oct 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Not Applicable.pdf | 15 Oct 2022 |
| Certificates of CA (Form 3)File: Form 3 2022_11zon.pdf | 15 Oct 2022 |
| Details of encumbrances concerned to LegalFile: Legal Encumbrances.pdf | 11 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure of soldunsold.pdf | 1 Aug 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_200243663974_For_Asset_Based_Search_01_08_2022_10_44_51_826.pdf | 1 Aug 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_11zon.pdf | 26 Jul 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_11zon.pdf | 26 Jul 2022 |
| Certificates of CA (Form 3)File: Form no -3.pdf | 26 Jul 2022 |
| Declaration about Commencement CertificateFile: Declaration about Commencement Certificate.pdf | 14 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Archtect Certificate_compressed.pdf | 14 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 30 june 2021 Mahendrakumar Rane Engineer's certificate_compressed.pdf | 14 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A 20_21 Engineer's Certificate for Quality Assuranceb - Form 2A.pdf | 14 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked Inventory.pdf | 14 Aug 2021 |
| Annual Audit Report of Statutory CA (Form 5)File: Form 5.pdf | 8 Aug 2019 |
| Proforma of Allotment letterFile: allotment and agreement 1-4.pdf | 21 Sep 2017 |
| Proforma of Allotment letterFile: allotment and agreement5-35.pdf | 21 Sep 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: icon engineers certificate.pdf | 27 Jul 2017 |
| Certificates of CA (Form 3)File: CA CERTIFICATE.pdf | 27 Jul 2017 |
| Copy of the legal title reportFile: certificate of title.pdf | 25 Jul 2017 |
| Details of encumbrancesFile: no encumbrances.pdf | 25 Jul 2017 |
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Builder: ICON BUILDERS AND DEVELOPERS
ICON BUILDERS AND DEVELOPERS has 1 registration on MahaRERA, including ICON RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if ICON RESIDENCY is delayed beyond 30 Jun 2027?
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 ICON RESIDENCY?
The registered promoter entity is ICON BUILDERS AND DEVELOPERS, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 ICON RESIDENCY?
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 ICON RESIDENCY?
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 ICON RESIDENCY?
The professionals named in the filing: Architect: YOGESH MHATRE SAIRACHANA; Engineer: Mahendrakumar Rane; Chartered Accountant: Bharat Dhonde; Chartered Accountant: Mohammad Memon. 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 ICON RESIDENCY?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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