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Registered Litigation declared Residential / Group Housing project

Indiabulls Park 1

By Lucina Land Development Limited

RG-MH-10532 · RERA P52000000709 · Last updated on MahaRERA portal: 12 Sep 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 24 cases
  • 46 complaints at MahaRERA
  • Completion date moved by 60 months
  • 2 extensions taken
  • Rs 950.00 crore secured on the land, in favour of IDBI TRUSTEESHIP SERVICES LIMITED

Clear

  • Separate project account declared
  • Allotment letter follows the model form

5 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 Raigarh registration emailed to you, free during the pilot beta.
Mar 2029Possession promisedmoved 60 months from the original
14 of 33Construction stages doneacross 3 buildings; furthest along: Podiums (if any), 90%
211 of 804Units unsoldnot recorded sold or booked
46Complaints at MahaRERAon this registration
Jump to the 201 documents Report an error

Indiabulls Park 1 is a Residential / Group Housing project by Lucina Land Development Limited in Raigarh, Maharashtra, registered with MahaRERA as P52000000709 on 20 Jul 2017. Possession is promised by 30 Mar 2029. The completion date has moved by 60 months from the original filing. 593 of the 804 units on this registration are recorded sold or booked, and 14 of 33 construction stages are filed complete. 46 complaints are on record with the regulator.

At a glance

Project

  • NameIndiabulls Park 1
  • TypeResidential / Group Housing
  • Location
    • Sawala Apta Road
    • Panvel
    • Kon
    • Raigarh
    • 410207
  • Pincode410207
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000000709
  • ReraGenie IDRG-MH-10532

Builder

  • NameLucina Land Development Limited
  • Entity typeCompany
  • Whole-Time DirectorMEYYAPPAN RAMANATHAN
  • DirectorsSSATYAJIT PARRIHAAR, MANISH RIYAL
  • Other registrations8 more →
  • Completed4 of 9

Key dates

this monthRegisteredJul 2017First promiseMar 2024Revised toMar 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on20 Jul 2017
  • Promised completion30 Mar 2029
  • Revised completionRevised to 30 Mar 2029 (originally 30 Mar 2024)
  • Buildings3 building records
  • Documents filed201 files

Current status

74%593 of 804 units booked
62.3%Work done, per cost certificate

Figures as on 12 Sep 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
4 CNA44372680268
4 DNA44372680268
4 ENA44372680268

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 building3

As on 12 Sep 2026, 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.

14 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Podiums (if any), at 90%.

4 C55%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)50%
Plinth100%
Stilt Floor60%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises30%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks37%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.30%
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%
4 D57%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)90%
Plinth100%
Stilt Floor75%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises30%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks32%
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%
4 E62%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises29%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks37%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.20%
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 12 Sep 2026, 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes1%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed765

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 slots765
Closed/Covered765
BuildingClosed/CoveredTotal
4 C255255
4 D255255
4 E255255

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area2,400 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofIDBI TRUSTEESHIP SERVICES LIMITED
Secured amountRs 950.00 crore
CERSAI search filedYes
Declared on2 Sep 2025

Approvals and building plan

Sanctioning authorityCity And Industrial Development Corporation of Maharashtra Limited
Permissible FSI48298.17
Proposed, not sanctioned48,298 sq m
Buildings approved3
Buildings sanctioned3

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.

Separate project accountDeclared
Bank branchGround Floor, Jehangir Building, M G Road, Fort, Mumbai, Maharashtra 400001
Estimated costRs 600.47 cr
Cost incurredRs 374.30 cr
Work done62.33%
BuildingWingEstimatedIncurred
4 CNARs 200.16 crRs 124.77 cr
4 DNARs 200.16 crRs 124.77 cr
4 ENARs 200.16 crRs 124.77 cr

Certifying professionals and partners6

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

RoleName
ArchitectRakhi Ubhare
EngineerRamesh Rampure
EngineerVittal Shinde
EngineerKrishna Kumar Bhatnagar
Chartered AccountantR G V A & Associates
Chartered AccountantA K O R D & CO
PartnerRole in project
Lucina Land Development Limited-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52000019451Mar 2024 → Mar 2027

Reason as filed by the promoterThe Self Declaration of Reason for Delay is uploaded below in "OTHER" Tab.

EA31072621971Mar 2024 → Mar 2029

Reason as filed by the promoterReason in detail has been mentioned in Form E

Litigation declared24

CaseCourtStatus
379/2013/2013Civil Judge Senior Division PanvelPending for hearing
88/2020Civil Court Senior DivisionOngoing
379/2013Civil Court Senior DivisionOngoing
57/2022Civil Court Senior Division, PanvelOngoing
769/2007Civil Court Senior Division, PanvelOngoing
210/2024DCDRC, Maharashtra, Mumbai.Ongoing
230/2024DCDRC, Maharashtra, Mumbai.Ongoing
302/2021District Consumer Disputes Redressal Commission, Mumbai SuburbanOngoing
CC No.552 /2016SCDRC, Maharashtra, Mumbai.Ongoing
CC No. 164 /2015SCDRC, Maharashtra, Mumbai.Ongoing
Consumer Compliant No. 946/2016SCDRC, Maharashtra, Mumbai.Ongoing
Consumer Compliant No. 947 /2016SCDRC, Maharashtra, Mumbai.Ongoing
Consumer Compliant No. 967 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Consumer Compliant No. 968 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Consumer Complaint No. 1239 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Complaint No. 1274 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Complaint No. 1275 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Complaint No. 1276 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Complaint No. 1277 of 2016/2016SCDRC, Maharashtra, Mumbai.Ongoing
Complaint No. 120 of 2017/2017SCDRC, Maharashtra, Mumbai.Ongoing
Complaint No. 121 of 2017/2017SCDRC, Maharashtra, Mumbai.Ongoing
CC No. 48 of 2018/2018SCDRC, Maharashtra, Mumbai.Ongoing
CC No. 1134 of 2017/2017SCDRC, Maharashtra, Mumbai.Ongoing
CC No. 790 of 2019/2019SCDRC, Maharashtra, Mumbai.Ongoing

Complaints filed with MahaRERA46

Case no.ComplainantRespondentFiled
CC006000000000276Munish KumarLucina Land Development Ltd04/09/2017
CC006000000000278RUCHIKA GULIANI VIVEK GULIANILUCINA LAND DEVELOPMENT LTD07/09/2017
CC006000000044250Surva BhattacharjeeM/s Lucina Land Development Limited24/04/2018
CC006000000044285Manoj NairM/s Lucina Land Development Limited30/04/2018
CC006000000044287Anurag TiwariM/s Lucina Land Development Limited29/04/2018
CC006000000044288Rajendra KhairM/s Lucina Land Development Limited29/04/2018
CC006000000044297Indira ChauhanM/s Lucina Land Development Limited30/04/2018
CC006000000044315Thomas JohnyM/s. Lucina Land Development Limited30/04/2018
CC006000000054814Amar Chandrakant RautM/s Lucina Land Development Limited30/06/2018
CC006000000089687Abner D'souzaM/s. Lucina Development Limited14/06/2019
CC006000000194381EKTA CHANDHOKLUCINA LAND DEVELOPMENT LIMITED17/11/2020
CC006000000210404Mr. Pratik Prakash Pote and Mr. Prakash Gajanan PoteM/s. Lucina Land Development Limited17/03/2022
CC006000000251719Mr. Amit KumarLucina Land Development Ltd.06/07/2022
CC006000000333960VISHA YASHWANT PARADKARM/S LUCINA LAND DEVELOPMENT LIMITED10/02/2023
CC006000000397671SHAHEEN BANO MOHAMMEDUZZAMA SHAIKHShobhana11/12/2023
CC006000000439644Govind Singh Kushwah and Anshu Govind SinghLucina Land Development Limited25/04/2024
CC006000000439654Kamlesh Kushawaha and Brij Kishor KushwahaLucina Land Development Limited25/04/2024
CC006000000439658Bharati Verma and Rajeev Kumar VermaLucina Land Development Limited25/04/2024
CC006000000580912MOHAMMED JAFFER IMAMUDDIN SAYEDLUCINA LAND DEVELOPMENT LIMITED25/06/2024
CC006000000591491BHUWNESH MANOJENDRA MISHRALUCINA LAND DEVELOPMENT LIMITED10/08/2024
CC006000000591527Hormazd SiganporiaLucina Land Development Limited12/08/2024
CC12400182Sudhir Gulab KaleLucina Land Development Limited22/09/2024
CC12400534Kavish SharmaLucina Land Development Limited23/10/2024
CC12400576Shishupal SinghLucina Land Development Limited25/10/2024
CC12400572Manish PradhanLucina Land Development Limited25/10/2024
CC12500696Manoj Dalbir VarmaLucina Land Development Limited27/02/2025
CC12500698Dalbir Sardara VarmaLucina Land Development Limited27/02/2025
CC12501036ATIQUE MEMONLucina Land Development Limited27/03/2025
CC12501311Farhad CooperLucina Land Development Limited21/04/2025
CC12501192VISHA YASHWANT PARADKARLucina Land Development Limited09/04/2025
CC12504678SURATH NAYAKLucina Land Development Limited29/12/2025
CC12501467Aquib ManiyarLucina Land Development Limited01/05/2025
CC12501470Aquib ManiyarLucina Land Development Limited01/05/2025
CC12501571Anand SinghLucina Land Development Limited13/05/2025
CC12501572NEERAJ ANAND SINGHLucina Land Development Limited13/05/2025
CC12501692Prakash Waman NaikLucina Land Development Limited24/05/2025
CC12502401Surendar Kumar WadhwaLucina Land Development Limited15/07/2025
CC12502578NIRAJ KUMARLucina Land Development Limited27/07/2025
CC12502821Harikumar M J PanickerLucina Land Development Limited12/08/2025
SM12600104Bhakti AchrekarLucina Land Development Limited29/01/2026
CC12600445Sunil Vasudeo VanageLucina Land Development Limited24/01/2026
CC12600702BHUWNESH MANOJENDRA MISHRALucina Land Development Limited07/02/2026
CC12601340DEEPAKKUMAR HASMUKHLAL THAKKARLucina Land Development Limited11/03/2026
CC12604355Nasir imbrahim BhatkarLucina Land Development Limited12/07/2026
CC12603837Priya MendaLucina Land Development Limited21/06/2026
CC12605513Ekta ChandhokLucina Land Development Limited26/08/2026

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 14 Jul 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 7 Sep 2019
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 9 Sep 2019
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 28 Dec 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 Mar 2029

Documents filed201

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 201 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.

DocumentUploaded
Form 5 (FY 2025-2026)File: FORM 5_Indiabulls Park 1_FY 25-26.pdf12 Sep 2026
Withdrawal Update Form 1File: LLDL_Indiabulls Park 1.pdf20 Jul 2026
Withdrawal Update Form 2File: Form_2 Park 1.PDF20 Jul 2026
Withdrawal Update Form 3File: LLDL_Indiabulls Park 1.pdf20 Jul 2026
Form 2A (FY 2025-2026)File: Form_2 A Park-1 (1).PDF1 Jul 2026
Withdrawal Update Form 1File: Form_1 Indiabulls Park 1.PDF16 Jun 2026
Withdrawal Update Form 2File: Form_2 Indiabulls Park_1.PDF16 Jun 2026
Withdrawal Update Form 3File: Indiabulls Park 1_compressed.pdf16 Jun 2026
Withdrawal Update Form 1File: Form_1 Indiabulls Park-1.PDF24 Feb 2026
Withdrawal Update Form 2File: Form_2 Indiabulls Park-1.PDF24 Feb 2026
Withdrawal Update Form 3File: Form 3 Q3 Indiabulls Park 1.pdf24 Feb 2026
Withdrawal Update Form 1File: Form_1 Indiabulls Park-1_.pdf11 Dec 2025
Withdrawal Update Form 2File: Form_2 Indiabuills Park-1.PDF11 Dec 2025
Withdrawal Update Form 3File: Indiabulls Park 1.pdf11 Dec 2025
Form 5 (FY 2024-2025)File: FORM 5 Indiabulls Park 1.pdf30 Sep 2025
Withdrawal Update Form 1File: Form_1 Indiabulls Park-1.PDF17 Sep 2025
Withdrawal Update Form 2File: Form_2 Indiabulls Park-1.PDF17 Sep 2025
Withdrawal Update Form 3File: Form_3 IP-1.pdf17 Sep 2025
Form 2A (FY 2024-2025)File: Quality 2A Certificate Panvel Park 1.pdf30 Jun 2025
Form 1File: From_1 Indiabulls Park-1.PDF23 Jun 2025
Form 3File: From-3 Indiabulls Park-1_Compressed.pdf23 Jun 2025
Form 2File: From_2 Indiabulls Park-1.PDF23 Jun 2025
Disclosure of Sold and Booked InventoryFile: Annexure B- Disclosure of Sold Unsold.pdf23 Jun 2025
OthersFile: Encumbrace, Asset & Debtor.pdf23 Jun 2025
Disclosure of sold/ booked inventoryFile: Annexure B- Disclosure of Sold Unsold.PDF26 Feb 2025
Details of encumbrances concerned to FinanceFile: Annexure K-Encumbrance Concerned to Finance.PDF25 Feb 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Panvel Park Phase -1.PDF25 Feb 2025
Certificates of CA (Form 3)File: Park 1_Final Form 3-min.pdf25 Feb 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: From_2 Indiabulls Park-1.PDF25 Feb 2025
CERSAI detailsFile: Annexure G-Asset Based Declaration.PDF25 Feb 2025
CERSAI detailsFile: Annexure L- Debtor Based Declaration.PDF25 Feb 2025
Details of encumbrances concerned to LegalFile: Annexure K-Encumbrance Concerned to Finance.PDF25 Feb 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: From_5 Indiabulls Park-1.PDF3 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ IB Park-1.PDF12 Nov 2024
Certificates of CA (Form 3)File: Final_Form 3_Park-1.PDF12 Nov 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form_2 Indiabulls Park-1.PDF12 Nov 2024
Disclosure of sold/ booked inventoryFile: Annexure B- Disclosure of Sold Unsold.pdf12 Nov 2024
Details of encumbrances concerned to FinanceFile: Encumbrance Concerned to Finance.pdf4 Nov 2024
CERSAI detailsFile: Annexure G-Asset Based Declaration.pdf4 Nov 2024
CERSAI detailsFile: Annexure L- Debtor Based Declaration.pdf4 Nov 2024
Details of encumbrances concerned to LegalFile: Encumbrance Concerned to Finance.pdf4 Nov 2024
Certificates of CA (Form 3)File: Signed_Form 3_Indiabulls Park 1.pdf29 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Panvel Park-1.PDF23 Jul 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park-1.PDF23 Jul 2024
Certificates of CA (Form 3)File: Indiabulls Panvel Park Phase-1.PDF23 Jul 2024
Details of encumbrances concerned to FinanceFile: Encumbrance Concerned to Finance.PDF22 Jul 2024
Details of encumbrances concerned to LegalFile: Encumbrance Concerned to Finance.PDF22 Jul 2024
CERSAI detailsFile: Annexure G-Asset Based Declaration.PDF22 Jul 2024
CERSAI detailsFile: Annexure L- Debtor Based Declaration.PDF22 Jul 2024
Disclosure of sold/ booked inventoryFile: Annexure B- Disclosure of Sold Unsold compressed.pdf22 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form-2A-Indiabulls Park-1.PDF7 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: GetUserDocumentFileContent.pdf7 May 2024
Details of encumbrances concerned to FinanceFile: Annexure-B-Disclosure of sold unsold inventory_11zon.pdf19 Apr 2024
Details of encumbrances concerned to FinanceFile: Annexure-K-Non-Enumberance Concerned to Finance.pdf19 Apr 2024
Details of encumbrances concerned to LegalFile: Annexure-B-Disclosure of sold unsold inventory_11zon.pdf19 Apr 2024
Details of encumbrances concerned to LegalFile: Annexure-K-Non-Enumberance Concerned to Finance.pdf19 Apr 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Panvel Park Phase-1.PDF19 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Indiabulls Panvel Park Phase-1.PDF19 Apr 2024
Disclosure of sold/ booked inventoryFile: Annexure-B-Disclosure of sold unsold inventory_11zon.pdf19 Apr 2024
CERSAI detailsFile: Annexure-G-Asset Based Declaration.pdf19 Apr 2024
CERSAI detailsFile: Annexure-L-Debtor Based Declaration.pdf19 Apr 2024
Certificates of CA (Form 3)File: Indiabulls Panvel Park Phase-1.PDF19 Apr 2024
Declaration in FORM BFile: FORM_B-Affidavit Panvel Park-1.PDF10 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park Phase-1.pdf1 Feb 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Panvel Park-1.pdf30 Jan 2024
Certificates of CA (Form 3)File: Form 3 - Panvel Park-1.PDF30 Jan 2024
Details of encumbrances concerned to FinanceFile: Annexure-K- Non Encumbrance Concerned of finance.PDF19 Jan 2024
Details of encumbrances concerned to LegalFile: Annexure-K- Non Encumbrance Concerned of finance.PDF19 Jan 2024
Disclosure of sold/ booked inventoryFile: Annexure-B- Disclosure of Sold _ Booked Inventory_11zon.pdf19 Jan 2024
CERSAI detailsFile: Annexure G - Asset Based Declaration.PDF19 Jan 2024
CERSAI detailsFile: Annexure-L- Debtor Based Declaration.PDF19 Jan 2024
Commencement Certificates / NA Order for plotted developmentFile: Revalidation of Amended CC.pdf28 Dec 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park Phase-1.PDF17 Oct 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park Phase 1 Engineer Certificate_.PDF17 Oct 2023
Certificates of CA (Form 3)File: Indiabull Park 1.pdf17 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Panvel 1 Architect certificate Dec 17.PDF13 Oct 2023
Certificates of CA (Form 3)File: Panvel 1 CA certificate Dec 17_compressed.pdf13 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park -1.PDF12 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-1.PDF12 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-1.PDF12 Oct 2023

How this compares with Raigarh

74%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one moved by 60 months
26%of Raigarh registrations have lapsed or been cancelledthis one is on the register

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

Keep Indiabulls Park 1 on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

How alerts work

Other projects near Panvel5,900+ in Raigarh

2 kmIndiabulls Park 1Completed 11Lapsed / revoked 3Other 23Dot size: filed unitsN

Filed coordinates, straight-line distance. 37 registered projects within 2 km.

Builder: Lucina Land Development Limited

Lucina Land Development Limited has 9 registrations on MahaRERA, including Indiabulls Park 1 and Indiabulls Park 2. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 4 of its registrations. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if Indiabulls Park 1 is delayed beyond 30 Mar 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 Indiabulls Park 1?

The registered promoter entity is Lucina Land Development Limited, a company 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 Indiabulls Park 1?

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 do I read the complaint cases filed against Indiabulls Park 1?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for Indiabulls Park 1?

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 Indiabulls Park 1?

The professionals named in the filing: Architect: Rakhi Ubhare; Engineer: Ramesh Rampure; Engineer: Vittal Shinde; Engineer: Krishna Kumar Bhatnagar; Chartered Accountant: R G V A & Associates; Chartered Accountant: A K O R D & CO. 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 Indiabulls Park 1?

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; how the declared litigation on this registration affects your risk; 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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

Get the buyer report · Rs 499 See a real one first

Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.

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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About Indiabulls Park 1. Everything on this page comes from what the promoter filed on MahaRERA, so if a fact looks wrong it helps to say which one.

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