Home / Browse projects / Raigarh, Maharashtra / Innovative Plaza II
Innovative Plaza II
RG-MH-28896 · RERA P52000027283 · Last updated on MahaRERA portal: 5 Aug 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 30 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- 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.
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Innovative Plaza II is a Residential / Group Housing project by PINNACLE CONSTRUCTION in Raigarh, Maharashtra, registered with MahaRERA as P52000027283 on 1 Dec 2020. Possession is promised by 31 Dec 2028. The completion date has moved by 30 months from the original filing. 4 of the 49 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameInnovative Plaza II
- TypeResidential / Group Housing
- Location
- plot no 11 sec 12
- taloja phase II
- Taloje Panchnad
- Panvel
- Raigarh
- 410208
- Pincode410208
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52000027283
- ReraGenie IDRG-MH-28896
Builder
- NamePINNACLE CONSTRUCTION
- Entity typePartnership
- PartnersMOHD RAIS MOHD TAKSEEN KHAN, ASHFAQ AHMED RAIS KHAN, MAHENDRAKUMAR MOTILAL MOURYA, ABDUL LATIF ALI PARKAR
- Other registrations6 more →
- Completed5 of 7
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on1 Dec 2020
- Promised completion31 Dec 2028
- Revised completionRevised to 31 Dec 2028 (originally 30 Jun 2026)
- Buildings1 building record
- Documents filed83 files
Current status
Figures as on 5 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Innovative Plaza II | NA | 7 | 7 | 49 | 0 | 49 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 5 Aug 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.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 85%.
Innovative Plaza II: 37% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 20% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 5 Aug 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| 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 filed10
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 ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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 |
|---|---|---|---|
| Innovative Plaza II | NA | Rs 5.44 cr | Rs 2.09 cr |
| - | NA | Rs 41.83 lakh | - |
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 | TRIARCH DESIGN STUDIO |
| Engineer | Samarth Agarwal |
| Engineer | Tanveer Abdul Majid Choughule |
| Chartered Accountant | S M Shaikh and Co |
| Chartered Accountant | Bharat A Choudhary and Co |
| Chartered Accountant | Rakesh Choudhary & Co |
| Partner | Role in project |
|---|---|
| PINNACLE CONSTRUCTION | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterSince our project was falling in CRZ-II, and with CZMP in force we were required to keep further development work in abeyance until change in the CRZ rulings. Due to the same reason our development work was halted for a period of more than 4 years. After the revision in CRZ rulings in general, we have recently received Amended CC dated 14/02/2025, according to which development will be now carried out.
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 26 Nov 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Nov 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 23 May 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 26 Nov 2020Confirm 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 31 Dec 2028
Documents filed83
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 83 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 |
|---|---|
| Withdrawal Update Form 1File: Form 1_20260630 Plot No 11 Sector 12 Taloja.pdf | 5 Aug 2026 |
| Withdrawal Update Form 2File: Form 2_Innovative Plaza II -- EC 30-06-26 with DSC.pdf | 5 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 _ Q1 FY 26-27 _Innovative Plaza 2 CA and Partner Signed.pdf | 5 Aug 2026 |
| Withdrawal Update Form 1File: Form 1_ 20260331 Plot No 11 Sector 12 Taloja.pdf | 19 May 2026 |
| Withdrawal Update Form 2File: Form 2_ Innovative Plaza II EC 31-03-26 with DSC.pdf | 19 May 2026 |
| Withdrawal Update Form 3File: Form 3 _ Q4 FY 25-26 _Innovative Plaza 2_ CA and Client Signed.pdf | 19 May 2026 |
| Withdrawal Update Form 1File: Form 1_20251231_Plot no_11_Sector-12_Taloja.pdf | 11 Mar 2026 |
| Withdrawal Update Form 2File: Form 2_ Innovative Plaza II -- EC 31-12-25.pdf | 11 Mar 2026 |
| Withdrawal Update Form 3File: Form 3 _SG_ Q3 FY 25-26 _Innovative Plaza 2_ ca and client signed_.pdf | 11 Mar 2026 |
| Withdrawal Update Form 1File: Form 1 _ 20250930plot no 11, sector 12, Taloja.pdf | 12 Nov 2025 |
| Withdrawal Update Form 2File: Form 2 _ Innovative Plaza II -- EC 30-09-25 with DSC.pdf | 12 Nov 2025 |
| Withdrawal Update Form 3File: Form 3 SG_signed_ Q2 FY 25-26 _Innovative Plaza 2.pdf | 12 Nov 2025 |
| Form 2A (FY 2024-2025)File: Form 2A 24-25.pdf | 11 Nov 2025 |
| Form 5 (FY 2024-2025)File: Form 5 signed_Innovative Plaza Il FY 2024-25.pdf | 11 Nov 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 29 Aug 2025 |
| Withdrawal Update Form 2File: Form 2 - Innovative Plaza II -- EC 30-06-25.pdf | 29 Aug 2025 |
| Withdrawal Update Form 3File: Form 3 _ Q1 FY 25-26 _Innovative Plaza 2_Signed.pdf | 29 Aug 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 17 Aug 2025 |
| Withdrawal Update Form 2File: Form 2 - Innovative Plaza II -- EC 30-06-25.pdf | 17 Aug 2025 |
| Withdrawal Update Form 3File: Form 3_Q4 (FY 24-25)_Innovative Plaza 2_Signed.pdf | 17 Aug 2025 |
| Declaration and undertaking (Annexure A)File: Annexure A.pdf | 26 Jun 2025 |
| Form 1File: Form 1 MAR-2023.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 31-03-23.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q4 FY 22-23_Innovative Plaza 2_signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q4 22 23.pdf | 26 Jun 2025 |
| Form 1File: Form 1JUN-2023.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 30-06-23.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q1 FY 23-24_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q1 23 24.pdf | 26 Jun 2025 |
| Form 1File: Form 1 SEP-2023.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 30-09-23.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q2 FY 23-24_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q2 23- 24.pdf | 26 Jun 2025 |
| Form 1File: Form 1 30-12-23.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 30-12-23.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q3 FY 23-24_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q3 23 24.pdf | 26 Jun 2025 |
| Form 1File: Form 1 30-03-24.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 30-03-24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q4 FY 23-24_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q4 23 24.pdf | 26 Jun 2025 |
| Form 1File: Form 1 JUN-2024.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 29-06-24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q1 FY 24-25_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q1 24 25.pdf | 26 Jun 2025 |
| Form 1File: Form 1 30-09-24.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 30-09-24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q2 FY 24-25_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q2 24-25.pdf | 26 Jun 2025 |
| Form 1File: Form 1 31-12-24.pdf | 26 Jun 2025 |
| Form 2File: Innovative Plaza II -- EC 31-12-24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 _ Q3 FY 24-25_Innovative Plaza 2_Signed.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Q3 24 25.pdf | 26 Jun 2025 |
| Form 2A (FY 2022-2023)File: Form 2A 22-23.pdf | 26 Jun 2025 |
| Form 2A (FY 2023-2024)File: Form 2A 23-24.pdf | 26 Jun 2025 |
| Form 5 (FY 2022-2023)File: Form 5_Innovative Plaza Il FY 2022-23_signed.pdf | 26 Jun 2025 |
| Form 5 (FY 2023-2024)File: Form 5_Innovative Plaza Il FY 2023-24_signed.pdf | 26 Jun 2025 |
| Building plan approvalFile: 11 12 CC DRG.pdf | 23 May 2025 |
| Form 1File: Form 1.pdf | 23 May 2025 |
| Form 2File: Form 2.pdf | 23 May 2025 |
| Form 3File: Form 3_Q4 (FY 24-25)_Innovative Plaza 2_Signed.pdf | 23 May 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclsoure of Sold and Booked Inventory_Innovative Plaza 2.pdf | 23 May 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 23 May 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 23 May 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 23 May 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 23 May 2025 |
| Withdrawal Update Form 3File: Form 3_Q4 (FY 24-25)_Innovative Plaza 2_Signed.pdf | 23 May 2025 |
| Withdrawal Update Form 3File: Form 3_Q4 (FY 24-25)_Innovative Plaza 2_Signed.pdf | 23 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 1 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Innovative Plaza II -- EC 10-03-25.pdf | 1 Apr 2025 |
| Building plan approvalFile: Building Plan.pdf | 26 Nov 2020 |
| Layout approvalFile: Layout.pdf | 26 Nov 2020 |
| Copy of the legal title reportFile: title and search-c.pdf | 26 Nov 2020 |
| Details of encumbrancesFile: declaration.pdf | 26 Nov 2020 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 26 Nov 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan.pdf | 26 Nov 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: cc.pdf | 26 Nov 2020 |
| Declaration in FORM BFile: Form B-compressed.pdf | 26 Nov 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-compressed.pdf | 26 Nov 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3-compressed.pdf | 26 Nov 2020 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 6 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 83 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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Filed coordinates, straight-line distance. 162 registered projects within 2 km.
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See every Raigarh project, with the district possession charts
Builder: PINNACLE CONSTRUCTION
PINNACLE CONSTRUCTION has 7 registrations on MahaRERA, including INNOVATIVE PLAZA-I and INNOVATIVE RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if Innovative Plaza II is delayed beyond 31 Dec 2028?
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 Innovative Plaza II?
The registered promoter entity is PINNACLE CONSTRUCTION, 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 Innovative Plaza II?
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 Innovative Plaza II?
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 Innovative Plaza II?
The professionals named in the filing: Architect: TRIARCH DESIGN STUDIO; Engineer: Samarth Agarwal; Engineer: Tanveer Abdul Majid Choughule; Chartered Accountant: S M Shaikh and Co; Chartered Accountant: Bharat A Choudhary and Co; Chartered Accountant: Rakesh Choudhary & 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 Innovative Plaza II?
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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