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Laxmi Icon
RG-MH-68698 · RERA PR1270002600300 · Last updated on MahaRERA portal: 23 Apr 2026
Source: official MahaRERA filing
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Red flags
- Rs 35.00 crore secured on the land, in favour of BAJAJ HOUSING FINANCE LIMITED
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
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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Laxmi Icon is a Residential / Group Housing project by LAXMI ASSOCIATES in Raigarh, Maharashtra, registered with MahaRERA as PR1270002600300 on 29 Apr 2026. Possession is promised by 31 Mar 2030. 0 of the 363 units on this registration are recorded sold or booked, and 0 of 20 construction stages are filed complete.
At a glance
Project
- NameLaxmi Icon
- TypeResidential / Group Housing
- Location
- -
- Rohinjan
- Panvel
- Raigarh
- 410208
- Pincode410208
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1270002600300
- ReraGenie IDRG-MH-68698
Builder
- NameLAXMI ASSOCIATES
- Entity typePartnership
- GSTIN27AAKFL1126A1ZU
- PartnersSushil Rajendrakumar Ranka, Ummedaram Padmaramji Patel
- Other registrations6 more →
- Completed3 of 7
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on29 Apr 2026
- Promised completion31 Mar 2030
- Revised completionNone
- Buildings2 building records
- Documents filed10 files
Current status
Figures as on 23 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| LAXMI ICON | Wing A | 20 | 17 | 192 | 43 | 235 |
| LAXMI ICON | Wing B | 20 | 16 | 128 | 0 | 128 |
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 building2
As on 23 Apr 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.
0 of 20 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 0%.
LAXMI ICON · wing Wing A0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | Not applicable |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| 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% |
LAXMI ICON · wing Wing B0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | Not applicable |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| 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 23 Apr 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 | 0% |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | 0% |
| Landscaping & Tree Planting | No | 0% |
| Street Lighting | No | 0% |
| Community Buildings | No | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | No | 0% |
| Solid Waste Management And Disposal | No | 0% |
| Water conservation /Rain water harvesting | No | 0% |
| Energy managemcnt | No | 0% |
| Fire protection and fire safety requirements | No | 0% |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | 0% |
| Open Parking | No | 0% |
Parking filed402
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 |
|---|---|---|
| LAXMI ICON Wing A | 228 | 228 |
| LAXMI ICON Wing B | 174 | 174 |
Land and ownership6
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| Chandrashekhar Jagannath Kadam | Rohinjan | Raigarh |
| Sanjay Jagannath Kadam | Kalamboli | Raigarh |
| Subhash Jagannath Kadam | Kalamboli | Raigarh |
| Sandhya Raghunath Kadam | Rohinjan | Raigarh |
| Tushar Raghunath Kadam | Rohinjan | Raigarh |
| Rupali Aditya Yerunkar | Rohinjan | Raigarh |
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 |
|---|---|---|---|
| LAXMI ICON | Wing B | Rs 48.25 cr | Rs 99.14 lakh |
| LAXMI ICON | Wing A | Rs 34.61 cr | - |
| - | NA | Rs 8.76 cr | - |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Disha Arch Private Limited |
| Engineer | Samarth Agarwal |
| Chartered Accountant | N B Sayed & Associates |
| Chartered Accountant | J P Senghani & Associates |
| Partner | Role in project |
|---|---|
| LAXMI ASSOCIATES | - |
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 reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 23 Mar 2026 - 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 Apr 2026 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- 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 Mar 2030
Documents filed10
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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 |
|---|---|
| Declaration and undertaking (Annexure A)File: Order No 50 (2).pdf | 23 Apr 2026 |
| Building plan approvalFile: Approval plan pg 3.pdf | 23 Apr 2026 |
| Building plan approvalFile: Approval plan pg 2.pdf | 23 Mar 2026 |
| Building plan approvalFile: Approval plan pg 4.pdf | 23 Mar 2026 |
| Building plan approvalFile: Approval plan pg 5.pdf | 23 Mar 2026 |
| Building plan approvalFile: Approval plan pg 6.pdf | 23 Mar 2026 |
| Building plan approvalFile: Approval plan pg 7.pdf | 23 Mar 2026 |
| Building plan approvalFile: Approval plan pg 8.pdf | 23 Mar 2026 |
| Building plan approvalFile: Approval plan pg 9.pdf | 23 Mar 2026 |
| Layout approvalFile: Approval plan pg 1.pdf | 23 Mar 2026 |
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How this compares with Raigarh
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition 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 10 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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See every Raigarh project, with the district possession charts
Builder: LAXMI ASSOCIATES
Laxmi Associates has 7 registrations on MahaRERA, including Gajanan Annex and LAXMI HEIGHTS. 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 Laxmi Icon is delayed beyond 31 Mar 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 Laxmi Icon?
The registered promoter entity is LAXMI ASSOCIATES, a partnership as per the filing. Its GSTIN 27AAKFL1126A1ZU 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 Laxmi Icon?
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 Laxmi Icon?
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 Laxmi Icon?
The professionals named in the filing: Architect: Disha Arch Private Limited; Engineer: Samarth Agarwal; Chartered Accountant: N B Sayed & Associates; Chartered Accountant: J P Senghani & Associates. 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 Laxmi Icon?
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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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