Home / Browse projects / Thane, Maharashtra / Lodha Panacea I
Lodha Panacea I
By MACROTECH DEVELOPERS LIMITED
RG-MH-50741 · RERA P51700017078 · Last updated on MahaRERA portal: 26 Dec 2024
Source: official MahaRERA filing
Red flags
- 3 extensions taken
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 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.
See what the report covers Free either way: or have every new Thane 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.
Lodha Panacea I is a Residential / Group Housing project by MACROTECH DEVELOPERS LIMITED in Thane, Maharashtra, registered with MahaRERA as P51700017078 on 11 Jul 2018. The registration is recorded completed; possession was promised by 31 Dec 2021.
At a glance
Project
- NameLodha Panacea I
- TypeResidential / Group Housing
- Location
- Manpada-Diva road
- Dombivali
- Bhopar
- Kalyan
- Thane
- 421204
- Pincode421204
- RERA no.P51700017078
- ReraGenie IDRG-MH-50741
Builder
- NameMACROTECH DEVELOPERS LIMITED
- Entity typeCompany
- CINL45200MH1995PLC093041
- GSTIN27AAACL1490J1ZG
- ChairpersonRAJENDRA NARPATMAL LODHA
- WtdRaunika Malhotra
- Other registrations140 more →
- Completed126 of 141
- No longer live13 lapsed, de-registered or revoked
- Declared earlier projects6 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on11 Jul 2018
- Promised completion31 Dec 2021
- Revised completionNone
- Buildings5 building records
- Documents filed104 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| WING A | NA | 17 | 0 | 0 | 0 | 0 |
| WING B | NA | 17 | 0 | 0 | 0 | 0 |
| WING C | NA | 17 | 0 | 0 | 0 | 0 |
| WING D | NA | 17 | 0 | 0 | 0 | 0 |
| WING E | NA | 17 | 0 | 0 | 0 | 0 |
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 building5
As on 26 Dec 2024, 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.
50 of 55 construction stages are filed complete across 5 buildings. The stage furthest along is Podiums (if any), at 0%.
WING A91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
WING B91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
WING C91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
WING D91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
WING E91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
Progress on shared amenities18
As on 26 Dec 2024, 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | Yes | 100% |
| Swimming Pool | Yes | 100% |
| Closing Parking | Yes | 100% |
| Closed Parkings | Yes | 100% |
Parking filed405
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 | Open Space | Total |
|---|---|---|
| WING A | 81 | 81 |
| WING B | 81 | 81 |
| WING C | 81 | 81 |
| WING D | 81 | 81 |
| WING E | 81 | 81 |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Certifying professionals and partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | M/S. PRADEEP KAMBLE & ASSOCIATES |
| Architect | Vilas Desai & Associate |
| Architect | VINI VILAS DESAI |
| Engineer | K C Shah Consultants |
| Engineer | MEHUL KAIVANT SHAH |
| Chartered Accountant | Chirag Sarvaiya & Co |
| Chartered Accountant | Chirag Bharat Sarvaiya |
| Partner | Role in project |
|---|---|
| LODHA DEVELOPERS LIMITED | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDue to various factors OC for wing E has been delay.
Reason as filed by the promoterPlease refer attachment
Reason as filed by the promoterNeed Extension till Last day of OC received
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 2 Jul 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jun 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 28 Jun 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Apr 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 20 Aug 2024
Documents filed104
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 104 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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 26 Dec 2024 |
| Declaration in FORM BFile: DocScanner 20 Dec 2024 12-27.pdf | 20 Dec 2024 |
| Declaration about Commencement CertificateFile: CC Declaration.pdf | 19 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: P51700017078 - Lodha Panacea I.pdf | 18 Oct 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 - Panacea I - Project Closed.pdf | 16 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: LODHA PANACEA I - Aug 24 - P51700017078 - Project lose.pdf | 20 Aug 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Lodha Panacea I - OC_E Wing_Bhopar_compressed.pdf | 20 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: LODHA PANACEA I - P51700017078 - June24.pdf | 10 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: LODHA PANACEA I - P51700017078 - June24.pdf | 8 Aug 2024 |
| Certificates of CA (Form 3)File: Panacea I.pdf | 5 Aug 2024 |
| Certificates of CA (Form 3)File: 8 Certificates of CA (Form 3).pdf | 5 Aug 2024 |
| Other - FinanceFile: Self Dec- Panacea I.pdf | 5 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Panacea I.pdf | 1 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Panacea I.pdf | 1 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Panacea I.pdf | 1 Aug 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Panacea I.pdf | 1 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Panacea I.pdf | 1 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: I.pdf | 1 Aug 2024 |
| Certificates of CA (Form 3)File: Panacea I.pdf | 1 Aug 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf | 1 Aug 2024 |
| Other - FinanceFile: Annxure A.pdf | 29 Jul 2024 |
| Other - FinanceFile: 0597_001.pdf | 29 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Panacea I.pdf | 13 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold - LODHA PANACEA I - P51700017078 - March 24.pdf | 16 May 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold - LODHA PANACEA I - P51700017078 - Dec23.pdf | 26 Feb 2024 |
| Declaration in FORM BFile: Form B.pdf | 15 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Lodha Panacea I - March23 - Form 1.pdf | 15 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Lodha Panacea I - June23 - Form 1.pdf | 15 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 2 Architect’s Certificate of Percentage of Completion of Work (Form 1) (1).pdf | 15 Jan 2024 |
| Form 2AFile: Lodha Panacea I - 22-23 - Form 2 A.pdf | 15 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Lodha Panacea I - 22-23 - Form 2 A.pdf | 15 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Lodha Panacea I - March23 - Sold Unsold.pdf | 15 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Lodha Panacea I - June23 - Sold Unsold.pdf | 15 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: 3 Disclosure of sold_ booked inventory (2).pdf | 15 Jan 2024 |
| Certificates of CA (Form 3)File: 3232_001.pdf | 15 Jan 2024 |
| Certificates of CA (Form 3)File: Lodha Panacea I - June23 - Form3.pdf | 15 Jan 2024 |
| Certificates of CA (Form 3)File: Lodha Panacea I - Sep23 - Form3.pdf | 15 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Panacea I Mar 23 2.pdf | 4 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Panacea I June 23 2.pdf | 4 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Panacea I Sep 23 2.pdf | 4 Jan 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: A Wing OC Clubhouse.pdf | 22 Dec 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Panacea B wing OC.pdf | 22 Dec 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Lodha Panacea C-Wing OC.pdf | 22 Dec 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Panacea_D Wing.pdf | 22 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Lodha Panacea I - P51700017078.pdf | 7 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Lodha Panacea I - Form1 - Sep23.pdf | 21 Nov 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 1806_001.pdf | 26 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Lodha Panacea I.pdf | 17 Oct 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 58 LODHA PANACEA I.pdf | 27 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 1 Annual Audit Report of Statutory CA (Form 5).pdf | 24 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: LODHA PANACEA I.pdf | 14 Nov 2022 |
| Certificates of CA (Form 3)File: 102 LODHA PANACEA I.pdf | 13 Sep 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 102 LODHA PANACEA I.pdf | 8 Sep 2022 |
| Disclosure of sold/ booked inventoryFile: LODHA PANACEA I.pdf | 27 Dec 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 7 LODHA PANACEA I.pdf | 17 Dec 2021 |
| Certificates of CA (Form 3)File: 102 LODHA PANACEA I.pdf | 15 Dec 2021 |
| Form 2AFile: 12 LODHA PANACEA I.pdf | 18 Nov 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 6_Panacea I.pdf | 15 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 101 LODHA PANACEA I.pdf | 15 Oct 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 7 LODHA PANACEA I.pdf | 14 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: P51700017078.pdf | 14 Oct 2021 |
| Certificates of CA (Form 3)File: 102 LODHA PANACEA I.pdf | 9 Oct 2021 |
| Form 2AFile: P51700017078.pdf | 13 Aug 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: 12042021 CC Panacea.pdf | 12 Apr 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC dated 6th Nov 2020_compressed.pdf | 20 Nov 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Lodha Panacea dt 061120.pdf | 9 Nov 2020 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 118 Lodha Panacea.pdf | 27 Oct 2020 |
| Form 2AFile: Lodha Panacea I.pdf | 28 Aug 2020 |
| Annual Audit Report of Statutory CA (Form 5)File: Lodha Panacea I.pdf | 14 Oct 2019 |
| Form 2AFile: LODHA PANACEA I.pdf | 17 Jun 2019 |
| OtherFile: LDL to MDL.pdf | 28 May 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: LODHA PANACEA CC DATED 28_11_2018.pdf | 13 Dec 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: LODHA PANACEA CC DATED 28_11_2018.pdf | 13 Dec 2018 |
| Copy of the legal title reportFile: TR13.pdf | 2 Jul 2018 |
| Copy of the legal title reportFile: TR12.pdf | 2 Jul 2018 |
| Copy of the legal title reportFile: TR11_1.pdf | 2 Jul 2018 |
| Copy of the legal title reportFile: TR11_2.pdf | 2 Jul 2018 |
| Copy of the legal title reportFile: TR10.pdf | 2 Jul 2018 |
| Copy of the legal title reportFile: TR9.pdf | 2 Jul 2018 |
| Copy of the legal title reportFile: TR8.pdf | 2 Jul 2018 |
Promoter's earlier projects1
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| PALAVA SAVANNA AND SIENA | Kalyan Shilphata road | 423 | Completed | Aug 2020 | Sep 2018 |
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Buyer report
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- All 104 filed documents as one ZIP, foldered, with a manifest
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Builder: MACROTECH DEVELOPERS LIMITED
Macrotech Developers Limited has 141 registrations on MahaRERA, including LODHA BELMONDO ASHBRIDGE D, E and LODHA BELMONDO AUGUSTA B. Its filings disclose 6 earlier MahaRERA projects: declares 5 of 6 past projects completed on time. Litigation is declared on 2 of its registrations. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if Lodha Panacea I is delayed beyond 31 Dec 2021?
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 Lodha Panacea I?
The registered promoter entity is MACROTECH DEVELOPERS LIMITED, a company as per the filing. Its CIN L45200MH1995PLC093041 and GSTIN 27AAACL1490J1ZG 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 Lodha Panacea I?
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 Lodha Panacea I?
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 Lodha Panacea I?
The professionals named in the filing: Architect: M/S. PRADEEP KAMBLE & ASSOCIATES; Architect: Vilas Desai & Associate; Architect: VINI VILAS DESAI; Engineer: K C Shah Consultants; Engineer: MEHUL KAIVANT SHAH; Chartered Accountant: Chirag Sarvaiya & 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 Lodha Panacea I?
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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