Home / Browse projects / Raigarh, Maharashtra / Indiabulls Park 2
Indiabulls Park 2
By Lucina Land Development Limited
RG-MH-10537 · RERA P52000000835 · Last updated on MahaRERA portal: 12 Sep 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Litigation declared, 5 cases
- 43 complaints at MahaRERA
- Completion date moved by 60 months
- 2 extensions taken
- Rs 950.00 crore secured on the land, in favour of IDBI TRUSTEE SHIP SERVICES LTD
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.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Indiabulls Park 2 is a Residential / Group Housing project by Lucina Land Development Limited in Raigarh, Maharashtra, registered with MahaRERA as P52000000835 on 23 Jul 2017. Possession is promised by 30 Jun 2029. The completion date has moved by 60 months from the original filing. 569 of the 804 units on this registration are recorded sold or booked, and 13 of 33 construction stages are filed complete. 43 complaints are on record with the regulator.
At a glance
Project
- NameIndiabulls Park 2
- TypeResidential / Group Housing
- Location
- Sawala Apta Road
- Panvel
- Kon
- Raigarh
- 410207
- Pincode410207
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52000000835
- ReraGenie IDRG-MH-10537
Builder
- NameLucina Land Development Limited
- Entity typeCompany
- Whole-Time DirectorMEYYAPPAN RAMANATHAN
- DirectorsSSATYAJIT PARRIHAAR, MANISH RIYAL
- Other registrations8 more →
- Completed4 of 9
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on23 Jul 2017
- Promised completion30 Jun 2029
- Revised completionRevised to 30 Jun 2029 (originally 30 Jun 2024)
- Buildings3 building records
- Documents filed202 files
Current status
Figures as on 12 Sep 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 5 A | NA | 44 | 37 | 268 | 0 | 268 |
| 5 B | NA | 44 | 37 | 268 | 0 | 268 |
| 5 C | NA | 44 | 37 | 268 | 0 | 268 |
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.
13 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Slabs of Super Structure, at 95%.
5 A58%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 95% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 25% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 18% |
| 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% |
5 B56%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 80% |
| Slabs of Super Structure | 92% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 24% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 17% |
| 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% |
5 C56%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 80% |
| Slabs of Super Structure | 95% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 25% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 16% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 5% |
| 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed1089
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.
| Building | Closed/Covered | Total |
|---|---|---|
| 5 A | 363 | 363 |
| 5 B | 363 | 363 |
| 5 C | 363 | 363 |
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.
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 |
|---|---|---|---|
| 5 A | NA | Rs 185.24 cr | Rs 106.25 cr |
| 5 B | NA | Rs 185.24 cr | Rs 106.25 cr |
| 5 C | NA | Rs 185.24 cr | Rs 106.25 cr |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| 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 |
| Partner | Role 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.
Reason as filed by the promoterThe Self Declaration of Reason for Delay is uploaded below in "OTHER" Tab.
Reason as filed by the promoterReasons in detail are attached in Form E
Litigation declared5
| Case | Court | Status |
|---|---|---|
| Consumer Compliant No. 945 /2016 | SCDRC, Maharashtra, Mumbai. | Ongoing |
| Consumer Compliant No. 969 /2016 | SCDRC, Maharashtra, Mumbai. | Ongoing |
| Consumer Compliant No. 970 /2016 | SCDRC, Maharashtra, Mumbai. | Ongoing |
| Consumer Complaint No. 1240 /2016 | SCDRC, Maharashtra, Mumbai. | Ongoing |
| Complaint No. 1278 /2016 | SCDRC, Maharashtra, Mumbai. | Ongoing |
Complaints filed with MahaRERA43
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000001160 | AMIT SHAH | Lucina Land Development Ltd | 09/10/2017 |
| CC006000000000727 | Kumud Singh | Indiabulls | 18/09/2017 |
| CC006000000023323 | AMIT DILIP SHAH | lucina land development ltd | 17/02/2018 |
| CC006000000023767 | Manek Laxmidas Shah | LUCINA LAND DEVELOPMENT LIMITED | 20/03/2018 |
| CC006000000044301 | Anant Patil | M/s Lucina Land Development Limited | 30/04/2018 |
| CC006000000056368 | Subhash Enterprises Private Limited | Lucina Land Development Limited | 28/09/2018 |
| CC006000000078972 | Nikunja Bihari Pradhan | Lucina Land Development Limited | 27/04/2019 |
| CC006000000110745 | Salman Usman Kazi | Lucina Land Development Limited | 29/08/2019 |
| CC006000000194620 | Mr Jaydas M Gowari & Mrs Vaishali J Gowari | M/s Lucina Land Development Limited | 28/10/2020 |
| CC006000000194635 | Mr Ghanshyam A Yadav & Mrs Asha G Yadav | Lucina Land Development Limited | 26/10/2020 |
| CC006000000209613 | Mr Neelesh Jha and Mrs Tricia Jha | M/s Lucina Land Development Limited | 04/01/2022 |
| CC006000000210422 | Ms. Neeta Anil Shete | Lucina Land Development Limited | 17/03/2022 |
| CC006000000302959 | Rahul Saunik | Lucina Land Development Limited | 31/10/2022 |
| CC006000000334002 | Niranjan Kumar Sinha | Lucina Land Development Ltd | 23/01/2023 |
| CC006000000385425 | Rashmi Chorwadi | Lucina Land Development Limited | 28/04/2023 |
| CC006000000397925 | JASBIR KAUR JASPAL SINGH MALHOTRA | LUCINA LAND DEVELOPER LTD | 22/10/2023 |
| CC006000000397955 | Vinod Manohar Punjabi | Lucina Land Development Ltd. | 24/10/2023 |
| CC006000000428819 | SMITA NAVEEN RAI | LUNICA LAND DEVELOPMENT LTD | 16/01/2024 |
| CC006000000429034 | Arun Kumar | Lucina Land Development Limited | 01/02/2024 |
| CC006000000479899 | SUCHETA RAMNATH KOTIAN | LUCINA LAND DEVELOPMENT LTD | 10/04/2024 |
| CC006000000479791 | HEMANT MISHR | LUCINA LAND DEVELOPMENT LTD | 04/04/2024 |
| CC006000000479914 | HEMANT MISHR | LUCINA LAND DEVELOPMENT LTD | 04/04/2024 |
| CC006000000480101 | Shilpi Mitra Bardoloi | Lucina Land Development Limited | 16/04/2024 |
| CC006000000500622 | Mr Regi Thomas | M/s Lucina Land Development Limited | 01/06/2024 |
| CC006000000591207 | Sadanand Mohan Bhalekar | Lucina Land Development Ltd | 16/07/2024 |
| CC006000000591543 | ASHOK KUMAR DAVDA | LUCINA LAND DEVELOPMENT LIMITED | 16/08/2024 |
| CC006000000591558 | ASHOK KUMAR DAVDA | LUCINA LAND DEVELOPMENT LIMITED | 16/08/2024 |
| CC006000000591559 | ASHOK KUMAR DAVDA | LUCINA LAND DEVELOPMENT LIMITED | 16/08/2024 |
| CC12400637 | Mehmood Raza Ali Baig | Lucina Land Development Limited | 01/11/2024 |
| CC12501670 | Vijaykumar Bhanwarlal Malpani | Lucina Land Development Limited | 23/05/2025 |
| CC12501672 | Sanjay Bhanwarlal Malpani | Lucina Land Development Limited | 24/05/2025 |
| CC12503714 | Kavita Shrivastava | Lucina Land Development Limited | 20/10/2025 |
| CC12504077 | SHIVKUMAR RAMSAGAR SHARMA | Lucina Land Development Limited | 19/11/2025 |
| CC12600012 | Deepak Madhav Tudavekar | Lucina Land Development Limited | 01/01/2026 |
| SM12600105 | Bhakti Achrekar | Lucina Land Development Limited | 30/01/2026 |
| CC12600454 | Martin Luther G | Lucina Land Development Limited | 25/01/2026 |
| CC12600971 | VISHAL KISHOR MAHAJAN | Lucina Land Development Limited | 22/02/2026 |
| CC12602319 | Shubham Khatri | Lucina Land Development Limited | 20/04/2026 |
| CC12603638 | Sandeep Kumar | Lucina Land Development Limited | 12/06/2026 |
| CC12605168 | Geeta Bhatt | Lucina Land Development Limited | 13/08/2026 |
| CC12605692 | Ambreesh Lal Bhagtani | Lucina Land Development Limited | 02/09/2026 |
| CC12606311 | Lucina Land Development Limited | Ajay H Patel | 29/09/2026 |
| CC12606226 | amitav chatterjee | Lucina Land Development Limited | 24/09/2026 |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 14 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Sep 2019 - 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 - 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. - 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 2029
Documents filed202
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 202 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 5 (FY 2025-2026)File: FORM 5_Indiabulls Park 2_FY 25-26.pdf | 12 Sep 2026 |
| Withdrawal Update Form 1File: LLDL Park 2.pdf | 20 Jul 2026 |
| Withdrawal Update Form 2File: Form_2 Park 2.PDF | 20 Jul 2026 |
| Withdrawal Update Form 3File: LLDL_Indiabulls Park 2.pdf | 20 Jul 2026 |
| Form 2A (FY 2025-2026)File: Form_2 A Park-2 (1).PDF | 1 Jul 2026 |
| Withdrawal Update Form 1File: Form_1 Indiabulls Park 2.PDF | 17 Jun 2026 |
| Withdrawal Update Form 2File: Form_2 Indiabulls Park 2.PDF | 17 Jun 2026 |
| Withdrawal Update Form 3File: Indiabulls Park 2_compressed.pdf | 17 Jun 2026 |
| Withdrawal Update Form 1File: Form_1 Indiabulls Park-1.PDF | 24 Feb 2026 |
| Withdrawal Update Form 1File: Form_1 Indiabulls Park-2.PDF | 24 Feb 2026 |
| Withdrawal Update Form 2File: Form_2 Indiabulls Park-2.PDF | 24 Feb 2026 |
| Withdrawal Update Form 2File: Form_2 Indiabulls Park-2.PDF | 24 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 Q3 Indiabulls Park 2.pdf | 24 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 Q3 Indiabulls Park 2.pdf | 24 Feb 2026 |
| Withdrawal Update Form 1File: Form_1 Indiabulls Park-2.PDF | 12 Dec 2025 |
| Withdrawal Update Form 2File: Form_2 Indiabuills Park-2.PDF | 12 Dec 2025 |
| Withdrawal Update Form 3File: Form 3_Lucina Indiabulls Park 2_compressed.pdf | 12 Dec 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 Indiabulls Park 2.pdf | 1 Oct 2025 |
| Withdrawal Update Form 1File: Form-1 Panvel Park-2.PDF | 17 Sep 2025 |
| Withdrawal Update Form 2File: Form_2 Indiabulls Park-2.PDF | 17 Sep 2025 |
| Withdrawal Update Form 3File: Form_3 IP-2.pdf | 17 Sep 2025 |
| Form 2A (FY 2024-2025)File: Quality 2A Certificate Panvel Park 2.pdf | 30 Jun 2025 |
| Form 1File: From_1 Indiabulls Park-2.PDF | 24 Jun 2025 |
| Form 2File: From_2 Indiabulls Park-2.PDF | 24 Jun 2025 |
| Form 3File: From-3 Indiabulls Park-2_compressed.pdf | 24 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Annexure B- Disclosure of sold Unsold Inventory_compressed.pdf | 24 Jun 2025 |
| OthersFile: Encumbrance, Asset & Debtor based Decl_Merge.pdf | 24 Jun 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Panvel Park Phase -2.PDF | 27 Feb 2025 |
| Certificates of CA (Form 3)File: Park 2_Final Form 3-min.pdf | 27 Feb 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: From_2 Indiabulls Park-2.PDF | 27 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Annexure B- Disclosure of Sold Unsold.PDF | 27 Feb 2025 |
| Details of encumbrances concerned to FinanceFile: Annexure K-Encumbrance Concerned to Finance.pdf | 26 Feb 2025 |
| CERSAI detailsFile: Annexure G-Asset Based Declaration.PDF | 26 Feb 2025 |
| CERSAI detailsFile: Annexure L- Debtor Based Declaration.PDF | 26 Feb 2025 |
| Details of encumbrances concerned to LegalFile: Annexure K-Encumbrance Concerned to Finance.pdf | 26 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: From_5 Indiabulls Park-2.PDF | 3 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ IB Park-2.PDF | 12 Nov 2024 |
| Certificates of CA (Form 3)File: Final_Form 3_Park-2.PDF | 12 Nov 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form_2 Indiabulls Park-2.PDF | 12 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure B-Disclosure of Sold Unsold.pdf | 12 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Concerned to Finance.pdf | 4 Nov 2024 |
| CERSAI detailsFile: Annexure G-Asset Based Declaration.pdf | 4 Nov 2024 |
| CERSAI detailsFile: Annexure L- Debtor Based Declaration.pdf | 4 Nov 2024 |
| Details of encumbrances concerned to LegalFile: Encumbrance Concerned to Finance.pdf | 4 Nov 2024 |
| Certificates of CA (Form 3)File: Indiabulls Panvel Park Phase-2_Table C Revised.pdf | 29 Oct 2024 |
| Certificates of CA (Form 3)File: Signed_Form 3_Indiabulls Park 2.pdf | 29 Oct 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Panvel Park-2.PDF | 23 Jul 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park-2.PDF | 23 Jul 2024 |
| Certificates of CA (Form 3)File: Indiabulls Panvel Park Phase-2.PDF | 23 Jul 2024 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Concerned to Finance.PDF | 22 Jul 2024 |
| Details of encumbrances concerned to LegalFile: Encumbrance Concerned to Finance.PDF | 22 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure B-Disclosure of Sold Unsold compressed.pdf | 22 Jul 2024 |
| CERSAI detailsFile: Annexure G-Asset Based Declaration-1.pdf | 22 Jul 2024 |
| CERSAI detailsFile: Annexure L- Debtor Based Declaration.PDF | 22 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form-2A-Indiabulls Park-2.PDF | 7 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 15 Form 2A.pdf | 7 May 2024 |
| Details of encumbrances concerned to FinanceFile: Annexure-K-Non-Enumberance Concerned to Finance.pdf | 19 Apr 2024 |
| Details of encumbrances concerned to LegalFile: Annexure-K-Non-Enumberance Concerned to Finance.pdf | 19 Apr 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Panvel Park Phase-2.PDF | 19 Apr 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Indiabulls Panvel Park Phase-2.PDF | 19 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure-B-Disclosure of sold unsold inventory_11zon.pdf | 19 Apr 2024 |
| CERSAI detailsFile: Annexure-G-Asset Based Declaration.pdf | 19 Apr 2024 |
| CERSAI detailsFile: Annexure-L-Debtor Based Declaration.pdf | 19 Apr 2024 |
| Certificates of CA (Form 3)File: Indiabulls Panvel Park Phase-2.PDF | 19 Apr 2024 |
| Declaration in FORM BFile: Form-B indiabulls park-2.pdf | 10 Apr 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park Phase-2.pdf | 1 Feb 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Panvel Park-2.pdf | 30 Jan 2024 |
| Certificates of CA (Form 3)File: Form 3 - Panvel Park-2.PDF | 30 Jan 2024 |
| Details of encumbrances concerned to FinanceFile: Annexure-K- Non Encumbrance Concerned of finance.PDF | 19 Jan 2024 |
| Details of encumbrances concerned to LegalFile: Annexure-K- Non Encumbrance Concerned of finance.PDF | 19 Jan 2024 |
| CERSAI detailsFile: Annexure-G- Asset Based Declaration.PDF | 19 Jan 2024 |
| CERSAI detailsFile: Annexure-L- Debtor Based Declartion.PDF | 19 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure B Disclosure of sold and unsold inventory (reduced).pdf | 19 Jan 2024 |
| Certificates of CA (Form 3)File: Indiabulls P-2 form 3_Revised.pdf | 29 Dec 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: P2_Annexure B-Declaration about separate bank Ac.pdf | 29 Dec 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Revalidation of Amended CC.pdf | 28 Dec 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park -2.PDF | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-2.PDF | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-2.PDF | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-2.PDF | 19 Oct 2023 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 5 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 8 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 202 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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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 2 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 Indiabulls Park 2?
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 2?
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 2?
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 2?
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 2?
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 2?
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.
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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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