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Completed No litigation declared Residential / Group Housing project

Lodha Panacea II

By MACROTECH DEVELOPERS LIMITED

RG-MH-61867 · RERA P51700017060 · Last updated on MahaRERA portal: 17 Aug 2026

Source: official MahaRERA filing

Red flags

  • 1 complaint at MahaRERA
  • Completion date moved by 37 months
  • 3 extensions taken

Clear

  • No litigation declared
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA
  • All 1 earlier projects delivered on promise

3 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 Thane registration emailed to you, free during the pilot beta.
Oct 2026Possession promisedregistration recorded completed
28 of 55Construction stages doneacross 5 buildings; furthest along: Slabs of Super Structure, 94%
9 of 530Units unsoldnot recorded sold or booked
1Complaints at MahaRERAon this registration
Jump to the 176 documents Report an error

Lodha Panacea II is a Residential / Group Housing project by MACROTECH DEVELOPERS LIMITED in Thane, Maharashtra, registered with MahaRERA as P51700017060 on 9 Jul 2018. The registration is recorded completed; possession was promised by 31 Oct 2026. The completion date has moved by 37 months from the original filing. 521 of the 530 units on this registration are recorded sold or booked, and 28 of 55 construction stages are filed complete. 1 complaint is on record with the regulator.

At a glance

Project

  • NameLodha Panacea II
  • TypeResidential / Group Housing
  • Location
    • Manpada-Diva Road
    • Dombivali
    • Bhopar
    • Kalyan
    • Thane
    • 421204
  • Pincode421204
  • RERA no.P51700017060
  • ReraGenie IDRG-MH-61867

Builder

  • NameMACROTECH DEVELOPERS LIMITED
  • Entity typeCompany
  • CINL45200MH1995PLC093041
  • GSTIN27AAACL1490J1ZG
  • CIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • ChairpersonRAJENDRA NARPATMAL LODHA
  • WtdsRajendra Lodha, Raunika Malhotra
  • Other registrations140 more →
  • Completed126 of 141
  • No longer live13 lapsed, de-registered or revoked
  • Declared earlier projects6 →

Key dates

this monthRegisteredJul 2018First promiseSep 2023Revised toOct 2026Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on9 Jul 2018
  • Promised completion31 Oct 2026
  • Revised completionRevised to 31 Oct 2026 (originally 30 Sep 2023)
  • Buildings5 building records
  • Documents filed176 files

Current status

98%521 of 530 units booked
100.0%Work done, per cost certificate

Figures as on 17 Aug 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
WING FNA19181060106
WING GNA19181060106
WING HNA19181060106
WING INA19181060106
WING JNA19181060106

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 17 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.

28 of 55 construction stages are filed complete across 5 buildings. The stage furthest along is Slabs of Super Structure, at 94%.

WING F76%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises75%
Sanitary Fittings within the flats / premises37%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.90%
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.32%
WING G72%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises59%
Sanitary Fittings within the flats / premises34%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.83%
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.14%
WING H60%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure94%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises40%
Sanitary Fittings within the flats / premises5%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks94%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.26%
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%
WING I65%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises50%
Sanitary Fittings within the flats / premises5%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.53%
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.11%
WING J62%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises34%
Sanitary Fittings within the flats / premises5%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.34%
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.12%

Progress on shared amenities15

As on 17 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 facilityProposedProgress
Internal Roads & FootpathsYes80%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes80%
Street LightingYes60%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes50%
Electrical meter room, sub-station, receiving stationYes50%
Aggregate area of recreational Open SpaceYes10%
Open ParkingYes50%

Parking filed645

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 slots645
Closed/Covered645
BuildingClosed/CoveredTotal
WING F129129
WING G129129
WING H129129
WING I129129
WING J129129

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.

Land area5,535 sq m
Land owned byThe promoter
Named landownersNone
Declared on20 Sep 2024

Approvals and building plan

Sanctioning authorityMumbai Metropolitan Region Development Authority
Permissible FSI40500.6
Proposed, not sanctioned40,501 sq m
Buildings approved9
Buildings sanctioned5

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 branchIndustry House, Road No 3,Churchgate
Estimated costRs 108.44 cr
Cost incurredRs 108.44 cr
Work done100.0%
BuildingWingEstimatedIncurred
-NARs 37.95 crRs 37.95 cr
WING FNARs 14.10 crRs 14.10 cr
WING GNARs 14.10 crRs 14.10 cr
WING HNARs 14.10 crRs 14.10 cr
WING INARs 14.10 crRs 14.10 cr
WING JNARs 14.10 crRs 14.10 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
ArchitectM/S. PRADEEP KAMBLE & ASSOCIATES
ArchitectVilas Desai & Associate
ArchitectVILAS DESAI & ASSOCIATES
ArchitectVINI VILAS DESAI
ArchitectPradeep Kamble
EngineerK C Shah Consultants
EngineerK C SHAH DESIGNS LLP
EngineerMEHUL KAIVANT SHAH
Chartered AccountantChirag Sarvaiya & Co
Chartered AccountantChirag Bharat Sarvaiya
Chartered AccountantMSKA & Associates
Chartered AccountantM S K A
PartnerRole 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.

EXT51700011332Sep 2023 → Sep 2024

Reason as filed by the promoterDelay in Launch

EA23092401822Sep 2023 → Mar 2025

Reason as filed by the promoterPoor Perfomance by Contracter not work done at correct time

EA14072621744Sep 2023 → Oct 2026

Reason as filed by the promoterWe have already uploaded the Full Occupancy Certificate dated 26th Mar 2025 on the MahaRERA portal for your kind reference. However, the project is currently reflecting under the category of “Lapsed Projects.” In this regard, we request you to kindly grant an extension Ninteen months (19) upto 31th Oct 2026 for the above-mentioned project. The purpose of seeking this extension is to complete necessary corrections and updates, including alignment of BUA, Units, FSI, and other project details with the approved Full Occupancy Certificate plans

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
CC12604721Pradip Chandrakant VasteLODHA DEVELOPERS LIMITED27/07/2026

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 4 Nov 2019
  2. Layout approvalOn the file

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

    uploaded 24 Jul 2026
  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 24 Jul 2026
  4. Commencement CertificateOn the file

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

    uploaded 21 Nov 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 27 Mar 2025

Documents filed176

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 176 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
Occupational CertificateFile: Full OC - F G H I J.pdf17 Aug 2026
Layout approvalFile: 1 Master Layout - Pancea II.pdf24 Jul 2026
Building plan approvalFile: 2 Sheet 01-26-03-2025 - H I j.pdf24 Jul 2026
Building plan approvalFile: 3 Sheet 1 -06-12-2024 F G.pdf24 Jul 2026
Building plan approvalFile: 4 Sheet 02-26-03-2025 (2) H I j.pdf24 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 1File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 2File: Form-1 Panacea II June-26.pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Withdrawal Update Form 3File: 7 Certificates of CA (Form 3) (4).pdf17 Jul 2026
Form 2A (FY 2025-2026)File: LODHA PANACEA III - P51700048408 - Form 2A.pdf17 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 1File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Form 2File: Form-2 --.pdf13 Jul 2026
Form 3File: Form1 - Lodha Panacea II - P51700017060.pdf13 Jul 2026
Disclosure of Sold and Booked InventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf13 Jul 2026
Form 2A (FY 2024-2025)File: Form 2A - LODHA PANACEA II - P51700017060.pdf13 Jul 2026
Form 2A (FY 2023-2024)File: Form 2A - LODHA PANACEA II - P51700017060.pdf13 Jul 2026
Form 2A (FY 2022-2023)File: Form 2A - LODHA PANACEA II - P51700017060.pdf13 Jul 2026
Form 5 (FY 2024-2025)File: Lodha Panacea II.pdf13 Jul 2026
Form 5 (FY 2023-2024)File: P51700017060 - Lodha Panacea II.pdf13 Jul 2026
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Lodha Panacea OC wing F G full oc.pdf27 Mar 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 - Lodha Panacea II - P51700017060.pdf10 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Sold Unsold Lodha Panacea II Dec 2024.pdf28 Jan 2025
Disclosure of sold/ booked inventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf28 Jan 2025
Disclosure of sold/ booked inventoryFile: Sold Unsold Lodha Panacea II Dec 2024.pdf28 Jan 2025
Certificates of CA (Form 3)File: Signed Form 3 Panacea 2 Sep 2024.pdf30 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Signed Form 2 Panacea 2 Sep 2024.pdf30 Dec 2024
Disclosure of sold/ booked inventoryFile: Lodha Panacea 2 - Compress.pdf16 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Panacea II.pdf5 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: P51700017060 - Lodha Panacea II.pdf18 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A - LODHA PANACEA II - P51700017060.pdf17 Oct 2024
Other - TechnicalFile: Undertaking Panacea II.pdf17 Aug 2024
Other - FinanceFile: Form 3 panacea II.pdf16 Aug 2024
Other - TechnicalFile: Self decl Panacea II.pdf16 Aug 2024
Other - TechnicalFile: Panacea II- Bank Declaration.pdf16 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: LODHA PANACEA II - P51700017060 - June24.pdf10 Aug 2024

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.

1 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
PALAVA SAVANNA AND SIENAKalyan Shilphata road423CompletedAug 2020Sep 2018

How this compares with Thane

98%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one moved by 37 months
23%of Thane registrations have lapsed or been cancelledthis one is completed

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 Dombivali7,600+ in Thane

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 II is delayed beyond 31 Oct 2026?

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 II?

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 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 do I read the complaint cases filed against Lodha Panacea II?

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 Lodha Panacea 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 Lodha Panacea II?

The professionals named in the filing: Architect: M/S. PRADEEP KAMBLE & ASSOCIATES; Architect: Vilas Desai & Associate; Architect: VILAS DESAI & ASSOCIATES; Architect: VINI VILAS DESAI; Architect: Pradeep Kamble; Engineer: K C Shah Consultants. 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 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.

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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