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Registered Litigation declared Residential / Group Housing project

Indiabulls Park 4

By Lucina Land Development Limited

RG-MH-10549 · RERA P52000000475 · Last updated on MahaRERA portal: 12 Sep 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 3 cases
  • 30 complaints at MahaRERA
  • Completion date moved by 71 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.
Dec 2030Possession promisedmoved 71 months from the original
12 of 44Construction stages doneacross 4 buildings; furthest along: Podiums (if any), 70%
321 of 994Units unsoldnot recorded sold or booked
30Complaints at MahaRERAon this registration
Jump to the 200 documents Report an error

Indiabulls Park 4 is a Residential / Group Housing project by Lucina Land Development Limited in Raigarh, Maharashtra, registered with MahaRERA as P52000000475 on 18 Jul 2017. Possession is promised by 30 Dec 2030. The completion date has moved by 71 months from the original filing. 673 of the 994 units on this registration are recorded sold or booked, and 12 of 44 construction stages are filed complete. 30 complaints are on record with the regulator.

At a glance

Project

  • NameIndiabulls Park 4
  • TypeResidential / Group Housing
  • Location
    • Sawala Apta Road
    • Panvel
    • Kon
    • Raigarh
    • 410207
  • Pincode410207
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000000475
  • ReraGenie IDRG-MH-10549

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 promiseJan 2025Revised toDec 2030

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on18 Jul 2017
  • Promised completion30 Dec 2030
  • Revised completionRevised to 30 Dec 2030 (originally 30 Jan 2025)
  • Buildings4 building records
  • Documents filed200 files

Current status

68%673 of 994 units booked
48.1%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
3 ANA44372680268
3 BNA44372680268
2 ANA38332290229
2 BNA38332290229

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 building4

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.

12 of 44 construction stages are filed complete across 4 buildings. The stage furthest along is Podiums (if any), at 70%.

3 A38%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)50%
Plinth100%
Stilt Floor50%
Slabs of Super Structure13%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises3%
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%
3 B41%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)70%
Plinth100%
Stilt Floor70%
Slabs of Super Structure13%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises3%
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%
2 A32%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor21%
Slabs of Super Structure21%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises5%
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%
2 B33%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)10%
Plinth100%
Stilt Floor21%
Slabs of Super Structure24%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises5%
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 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 stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed1348

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 slots1,348
Closed/Covered1,348
BuildingClosed/CoveredTotal
3 A363363
3 B363363
2 A311311
2 B311311

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 area4,157 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofIDBI TRUSTEE SHIP SERVICES LTD
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 FSI81694.8
Proposed, not sanctioned81,695 sq m
Buildings approved4
Buildings sanctioned4

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 742.85 cr
Cost incurredRs 356.98 cr
Work done48.06%
BuildingWingEstimatedIncurred
3 ANARs 197.31 crRs 95.69 cr
3 BNARs 197.31 crRs 95.69 cr
2 ANARs 174.11 crRs 82.80 cr
2 BNARs 174.11 crRs 82.80 cr

Certifying professionals and partners12

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

RoleName
ArchitectOctave Consultants
ArchitectRakhi Ubhare
ArchitectAnupam De & Associates
EngineerKrishna Kumar Bhatnagar
EngineerRamesh Rampure
EngineerVitthal Shinde
EngineerMr Ramesh Rampure
Chartered AccountantA K O R D & CO
Chartered AccountantBagaria & Co LLP
Chartered AccountantAgarwal Prakash & Co
Chartered AccountantR G V A & Associates
Chartered AccountantR V Dalmia & Associates
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.

EXT52000019558Jan 2025 → Dec 2028

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

EA31072621974Jan 2025 → Dec 2030

Reason as filed by the promoterReasons in detail have been mentioned in Form E

Litigation declared3

CaseCourtStatus
Consumer Complaint No. 949 /2016SCDRC, Maharashtra, MumbaiOngoing
Complaint No. 1238 /2016SCDRC, Maharashtra, MumbaiOngoing
CC No. 216 /2020DCDRF, Mumbai Suburban. (Bandra - East)Ongoing

Complaints filed with MahaRERA30

Case no.ComplainantRespondentFiled
CC006000000591602ABHASH SHARMALucina Land Development Company19/08/2024
CC006000000000511Ajay RamaniLucina Land Development Limited20/10/2018
CC006000000001437Vinit MethiLucina Land Development Limited31/10/2017
CC006000000044276Faizaan KhatriM/s.Lucina Land Developement Limited30/04/2018
CC006000000044282Sanjeev ShuklaM/s Lucina Land Development Limited30/04/2018
CC006000000044323Pradeep MenonLucina Land Development08/06/2018
CC006000000100496Vinay Kumar GoenkaM/s Lucina Land Development Limited14/08/2019
CC006000000100546Robinson VargheseM/s. Lucina Land Development21/08/2019
CC006000000110912Stanley Patrick SaldanhaM/s. Lucina Land Developers20/09/2019
CC006000000192656Rashmi KambleM/s Lucina Land Development Limited18/02/2020
CC006000000197228Amardeep SinghLucinda land developmentLucina land Development Limited10/06/2021
CC006000000209875Rohidas Gulab PashankarM/s. Lucina Land Development Limited01/02/2022
CC006000000251504Mr.Manpreet Kirpal SinghLucina Land Development Ltd18/06/2022
CC006000000397506Paramita DoubekLucina Land Development Limited16/09/2023
CC006000000530704Razia Abdul Kadar ShahLucina Land Development Ltd20/06/2024
CC006000000580907MOHAMMED JAFFER IMAMUDDIN SAYEDLUCINA LAND DEVELOPMENT LIMITED25/06/2024
CC006000000591319Vinita SinghLucina Land Development Limited29/07/2024
CC12503107VIVEK BABURAJ PULLANILucina Land Development Limited04/09/2025
CC12600098Gnana KingslinLucina Land Development Limited07/01/2026
CC12600499Pratik KumarLucina Land Development Limited28/01/2026
SM12600107Bhakti AchrekarLucina Land Development Limited05/02/2026
CC12601019Ashok kumar BhandariLucina Land Development Limited25/02/2026
CC12601182Vahid Rafik PatelLucina Land Development Limited04/03/2026
CC12601341Salim Akbar ShaikhLucina Land Development Limited11/03/2026
CC12601865Vijaykumar Velayudhan NairLucina Land Development Limited30/03/2026
CC12601739VIVEK VIJAY NAIRLucina Land Development Limited26/03/2026
CC12603520Pankaj KumarLucina Land Development Limited07/06/2026
CC12606315Lucina Land Development LimitedPankaj Kumar29/09/2026
CC12606312Lucina Land Development LimitedMukul Sharma29/09/2026
CC12606316Lucina Land Development LimitedShamma Zamir Khan29/09/2026

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.

  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 24 Apr 2024
  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 24 Apr 2024Confirm 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 Dec 2030

Documents filed200

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 200 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 4_FY 25-26.pdf12 Sep 2026
Withdrawal Update Form 1File: LLDL_Indiabulls Park 4.pdf20 Jul 2026
Withdrawal Update Form 2File: Form_2 Park 4.PDF20 Jul 2026
Withdrawal Update Form 3File: LLDL_Indiabulls Park 4.pdf20 Jul 2026
Form 2A (FY 2025-2026)File: Form_2 A Park-4 (1).PDF1 Jul 2026
Withdrawal Update Form 1File: Form_1 Indiabulls Park 4.PDF16 Jun 2026
Withdrawal Update Form 2File: Form_2 Indiabulls Park_4.PDF16 Jun 2026
Withdrawal Update Form 3File: Indiabulls Park 4_compressed.pdf16 Jun 2026
Withdrawal Update Form 1File: Form_1 Indiabulls Park-4.PDF26 Feb 2026
Withdrawal Update Form 2File: Form_2 Indiabulls Park-4.PDF26 Feb 2026
Withdrawal Update Form 3File: Form 3 Q3 Indiabulls Park 4.pdf26 Feb 2026
Withdrawal Update Form 1File: Form_1 Indiabulls Park-4.PDF12 Dec 2025
Withdrawal Update Form 2File: Form_2 Indiabuills Park-4.PDF12 Dec 2025
Withdrawal Update Form 3File: Form 3_Lucina Indiabulls Park 4_compressed.pdf12 Dec 2025
Form 5 (FY 2024-2025)File: FORM 5 Indiabulls Park 4.pdf1 Oct 2025
Withdrawal Update Form 1File: Form_1 Indiabulls Park-4.PDF17 Sep 2025
Withdrawal Update Form 2File: Form_2 Indiabulls Park-4 _V1.pdf17 Sep 2025
Withdrawal Update Form 3File: Form_3 IP-4.pdf17 Sep 2025
Form 2A (FY 2024-2025)File: Quality 2A Certificate Panvel Park 4.pdf30 Jun 2025
Form 2File: From_2 Indiabulls Park-4.PDF10 Jun 2025
Form 3File: From 3 IB Park 4_Compressed.pdf10 Jun 2025
Disclosure of Sold and Booked InventoryFile: Annexure B- Disclosure of sold Unsold Inventory_compressed.pdf10 Jun 2025
OthersFile: Debtor & Asset Based_Merge Decl.pdf10 Jun 2025
Form 1File: From_1 Indiabulls Park-4.PDF10 Jun 2025
Details of encumbrances concerned to FinanceFile: Annexure K-Encumbrance Concerned to Finance .PDF11 Mar 2025
CERSAI detailsFile: Annexure G-Asset Based Declaration.PDF11 Mar 2025
CERSAI detailsFile: Annexure L- Debtor Based Declaration.PDF11 Mar 2025
Details of encumbrances concerned to LegalFile: Annexure K-Encumbrance Concerned to Finance .PDF11 Mar 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: From_5 Indiabulls Park-4.PDF3 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ IB Park-4.PDF12 Nov 2024
Certificates of CA (Form 3)File: Final_Form 3_Park-4.PDF12 Nov 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form_2 Indiabulls Park-4.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 4.pdf29 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Panvel Park-4.PDF23 Jul 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park-4.PDF23 Jul 2024
Certificates of CA (Form 3)File: Indiabulls Panvel Park Phase-4.PDF23 Jul 2024
Details of encumbrances concerned to FinanceFile: Encumbrance Concerned to Finance.PDF20 Jul 2024
Details of encumbrances concerned to LegalFile: Encumbrance Concerned to Finance.PDF20 Jul 2024
CERSAI detailsFile: Annexure G-Asset Based Declaration.PDF20 Jul 2024
CERSAI detailsFile: Annexure L- Debtor Based Declaration.PDF20 Jul 2024
Disclosure of sold/ booked inventoryFile: Annexure B-Disclosure of sold unsold compressed.pdf20 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form-2A-Indiabulls Park-4.PDF7 May 2024
Layout approvalFile: Amended Plan.pdf24 Apr 2024
Copy of Layout Approval (in case of layout)File: Amended Plan.pdf24 Apr 2024
Commencement Certificates / NA Order for plotted developmentFile: cc AMENDED.pdf24 Apr 2024
Declaration about Commencement CertificateFile: Declaration of Commencement Certificate_Indiabulls Park 4.PDF24 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-K-Non-Enumberance Concerned to Finance.pdf19 Apr 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Panvel Park Phase-4.PDF19 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Indiabulls Panvel Park Phase-4.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-4.PDF19 Apr 2024
Declaration in FORM BFile: Form-B Indiabulls park -4.pdf10 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Panvel Park Phase-4.pdf2 Feb 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Panvel Park-4.pdf30 Jan 2024
Certificates of CA (Form 3)File: Form 3 - Panvel Park-4.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
CERSAI detailsFile: Annexure-G- Asset Based Declaration.PDF19 Jan 2024
CERSAI detailsFile: Annexure-L- Debtor Based Declartion.PDF19 Jan 2024
Disclosure of sold/ booked inventoryFile: Annexure-B- Disclosure of Sold _ Booked Inventory_1_11zon.pdf19 Jan 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf29 Dec 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf29 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A-22-23.pdf29 Dec 2023
Certificates of CA (Form 3)File: Indiabulls P-4 form 3_compressed.pdf29 Dec 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: P4_Annexure B-Declaration about separate bank Ac.pdf29 Dec 2023
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-4_Revised.PDF21 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-4.PDF21 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-4.PDF21 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-4.PDF21 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-4.PDF21 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Indiabulls Park-4.PDF21 Oct 2023

How this compares with Raigarh

68%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one moved by 71 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.

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How alerts work

Other projects near Panvel5,900+ in Raigarh

2 kmIndiabulls Park 4Completed 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 4 is delayed beyond 30 Dec 2030?

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 4?

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 4?

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 4?

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 4?

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 4?

The professionals named in the filing: Architect: Octave Consultants; Architect: Rakhi Ubhare; Architect: Anupam De & Associates; Engineer: Krishna Kumar Bhatnagar; Engineer: Ramesh Rampure; Engineer: Vitthal Shinde. 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 4?

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.

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