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Registered Litigation declared Residential / Group Housing project

INVICTUS BY GS

By Raymond Realty Limited

RG-MH-06261 · RERA P51700052012 · Last updated on MahaRERA portal: 10 Jul 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 6 cases

Clear

  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 3 completed earlier projects delivered on promise

1 condition is 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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Oct 2028Possession promisedno revision filed
5 of 11Construction stages donefurthest along: Slabs of Super Structure, 60%
11 of 102Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 147 documents Report an error

INVICTUS BY GS is a Residential / Group Housing project by Raymond Realty Limited in Thane, Maharashtra, registered with MahaRERA as P51700052012 on 19 Jul 2023. Possession is promised by 5 Oct 2028. 91 of the 102 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.

At a glance

Project

  • NameINVICTUS BY GS
  • TypeResidential / Group Housing
  • Location
    • Pokhran Road No 1
    • Village Panchpakhadi
    • Thane (M Corp.)
    • Thane
    • 400606
  • Pincode400606
  • RERA no.P51700052012
  • ReraGenie IDRG-MH-06261

Builder

  • NameRaymond Realty Limited
  • Entity typeCompany
  • CINU41000MH2019PLC332934
  • GSTIN27AAJCR9076K1ZL
  • DirectorHarmohan Harminder Sahni
  • Other registrations13 more →
  • Completed2 of 14
  • Declared earlier projects31 →

Key dates

this monthRegisteredJul 2023PromisedOct 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on19 Jul 2023
  • Promised completion5 Oct 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed147 files

Current status

89%91 of 102 units booked
49.4%Work done, per cost certificate

Figures as on 10 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
INVICTUS BY GS WING 1NA41351020102

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 10 Jul 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.

5 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 60%.

INVICTUS BY GS WING 1: 56% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure60%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises23%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
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 10 Jul 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 filed408

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 slots408
Closed/Covered408

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.

Land area1,064 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on18 Sep 2025

Approvals and building plan

Sanctioning authorityThane Municipal Corporation
Permissible FSI34384.61
Proposed, not sanctioned34,385 sq m
Buildings approved12
Buildings sanctioned1

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 branchJK Gram Thane
Estimated costRs 293.25 cr
Cost incurredRs 144.82 cr
Work done49.38%
BuildingWingEstimatedIncurred
INVICTUS BY GS WING 1NARs 201.60 crRs 77.43 cr
-NARs 91.65 crRs 67.39 cr

Certifying professionals and partners5

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

RoleName
ArchitectSpaceage Consultant
EngineerCBM Engineers India
EngineerRajesh Mishra
Chartered AccountantNiraj Sanghavi&associates
Chartered AccountantWalker Chandiok & Co LLP
PartnerRole in project
Raymond Realty Limited-

Litigation declared6

CaseCourtStatus
158/2012High Court Bombay against RLOngoing
13/2016High Court Bombay against RLOngoing
57/2016High Court Bombay against RLOngoing
71/2017Bombay High Court against RLOngoing
562/2019Maharashtra Revenue Tribunal MumbaiOngoing
158/2012Bombay High CourtOngoing

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.

  1. Legal title reportOn the file

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

    uploaded 5 Jul 2023
  2. Layout approvalOn the file

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

    uploaded 19 Feb 2025
  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 19 Feb 2025
  4. Commencement CertificateOn the file

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

    uploaded 19 Feb 2025Confirm 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 5 Oct 2028

Documents filed147

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 147 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
Withdrawal Update Form 1File: Form 1-Ivictus by GS.pdf10 Jul 2026
Withdrawal Update Form 2File: Form 2_Invictus by GS.pdf10 Jul 2026
Withdrawal Update Form 3File: Form 3_ Invictus BY GS.pdf10 Jul 2026
Form 2A (FY 2025-2026)File: INVIXTUS BY GS.pdf26 Jun 2026
Withdrawal Update Form 1File: Form 1_Invictus by GS.pdf23 Apr 2026
Withdrawal Update Form 2File: Form 2_Invictus by GS.pdf23 Apr 2026
Withdrawal Update Form 3File: Form 3_Invictus BY GS.pdf23 Apr 2026
Withdrawal Update Form 1File: Form 1_Invictus.pdf22 Jan 2026
Withdrawal Update Form 2File: Form 2 _Invictus.pdf22 Jan 2026
Withdrawal Update Form 3File: Form 3 Invictus _.pdf22 Jan 2026
Withdrawal Update Form 1File: Invictus_Online.pdf17 Oct 2025
Withdrawal Update Form 2File: Form 2_Invictus.pdf17 Oct 2025
Withdrawal Update Form 3File: Form 3_Invictus.pdf17 Oct 2025
Form 5 (FY 2024-2025)File: Invictus by GS_Statement and Certificate.pdf29 Sep 2025
Form 1File: Form 1 _Invictus.pdf20 Jul 2025
Form 3File: Form 3_invictus.pdf20 Jul 2025
Form 2File: Form 2 RERA.pdf20 Jul 2025
Disclosure of Sold and Booked InventoryFile: sold list.pdf20 Jul 2025
Form 1File: Form 1 Invictus.pdf20 Jul 2025
Form 2File: Form 2 RERA - Invictus 310325.pdf20 Jul 2025
Form 3File: RERA Form 3 - Tower Invictus - Certificate Number 29 signed.pdf20 Jul 2025
Disclosure of Sold and Booked InventoryFile: Invictus By GS.pdf20 Jul 2025
Form 2A (FY 2024-2025)File: INVICTUS BY GS.pdf3 Jul 2025
Disclosure of sold/ booked inventoryFile: Invictus By GS.pdf24 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Form 3 - Tower Invictus - Certificate Number 29 signed.pdf19 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 RERA - Invictus 310325.pdf19 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Invictus.pdf17 Apr 2025
Layout approvalFile: layout compress.pdf19 Feb 2025
Building plan approvalFile: TOWER 1- 2.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 3.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 4.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 5.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 6.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 7.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 8.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 9.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 10.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 11.pdf19 Feb 2025
Building plan approvalFile: TOWER 1pdf 12.pdf19 Feb 2025
Copy of Layout Approval (in case of layout)File: layout compress.pdf19 Feb 2025
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 5.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 12.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 11.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 10.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 9.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 8.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 7.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 6.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 4.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1pdf 3.pdf19 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: TOWER 1- 2.pdf19 Feb 2025
Declaration about Commencement CertificateFile: CC DECLARATION INVITUS BY GS.pdf19 Feb 2025
Disclosure of sold/ booked inventoryFile: Invictus BY GS.pdf21 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 RERA - Invictus 311224.pdf16 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 invictus by GS tower_250113_122920.pdf15 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Form 3 - Tower Invictus - Certificate Number 285 signed.pdf15 Jan 2025
Disclosure of sold/ booked inventoryFile: Invictus By GS.pdf24 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed RERA Form 3 - Tower Invictus - Certificate Number 190.pdf16 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed RERA Form 3 - Tower Invictus - Certificate Number 190.pdf15 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 Invictus.pdf14 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 RERA - Invictus 300924.pdf14 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Annexure -14, INVICTUS BY GS.pdf7 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Invictus.pdf19 Jul 2024
Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVICTUS.pdf18 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM2A.pdf16 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 RERA - Invictus 010724.pdf9 Jul 2024
Disclosure of sold/ booked inventoryFile: INVICTUS BY GS.pdf23 Apr 2024
CERSAI detailsFile: CERSAI_Search_Report_200304176658_For_Asset_Based_Search_18_04_2024_16_19_40_535.pdf19 Apr 2024
CERSAI detailsFile: CERSAI_Search_Report_200304180320_For_Asset_Based_Search_18_04_2024_16_39_13_935.pdf19 Apr 2024
CERSAI detailsFile: CERSAI_Search_Report_200304180455_For_Asset_Based_Search_18_04_2024_16_39_56_846.pdf19 Apr 2024
CERSAI detailsFile: CERSAI_Search_Report_200304180506_For_Asset_Based_Search_18_04_2024_16_40_11_014.pdf19 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: INVICTUS BY GS.pdf18 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Invictus.pdf18 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Invictus by GS.pdf18 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: INVICTUS.pdf15 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Invictus by GS.pdf8 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 RERA - Invictus 030424.pdf8 Apr 2024
Disclosure of sold/ booked inventoryFile: INVICTYS BY GS_240123_150623.pdf23 Jan 2024
CERSAI detailsFile: CERSAI_Search_Report_200293558244_For_Asset_Based_Search_15_01_2024_18_12_16_284.pdf16 Jan 2024

Promoter's earlier projects4

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

3 delivered on promise1 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
The Address by GS Tower EP51700077861Thane, Thane144Nov 2024OngoingMar 2030Not due yet
TEN X HABITAT RAYMOND REALTY Tower GThe Mill Pokharan Raod No 01 JK Gram Thane 400606291-OngoingJun 2026Jun 2026
TEN X HABITAT RAYMOND REALTY Tower FThe Mill Pokharan Road No 01 JK Gram Thane 400606399-OngoingMar 2026Mar 2026
TEN X HABITAT RAYMOND REALTY Tower DThe Mill Pokharan Raod No 01 JK Gram Thane 400606244-CompletedSep 2025Mar 2024

How this compares with Thane

89%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is on the register

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane 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 Village Panchpakhadi7,600+ in Thane

Builder: Raymond Realty Limited

Raymond Realty Limited has 14 registrations on MahaRERA, including TEN X HABITAT Raymond Realty Tower F and TEN X HABITAT Raymond Realty Tower G. Its filings disclose 31 earlier MahaRERA projects: declares 23 of 24 past projects completed on time. Litigation is declared on 11 of its registrations. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if INVICTUS BY GS is delayed beyond 5 Oct 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 INVICTUS BY GS?

The registered promoter entity is Raymond Realty Limited, a company as per the filing. Its CIN U41000MH2019PLC332934 and GSTIN 27AAJCR9076K1ZL can be cross-checked on the MCA and GST portals. 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 INVICTUS BY GS?

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 INVICTUS BY GS?

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 INVICTUS BY GS?

The professionals named in the filing: Architect: Spaceage Consultant; Engineer: CBM Engineers India; Engineer: Rajesh Mishra; Chartered Accountant: Niraj Sanghavi&associates; Chartered Accountant: Walker Chandiok & Co LLP. 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 INVICTUS BY GS?

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; whether construction progress keeps pace with sales in the coming quarters. 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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