Home / Browse projects / Sindhudurg, Maharashtra / Mahalaxmi Plaza
Mahalaxmi Plaza
RG-MH-53380 · RERA P52900013898 · Last updated on MahaRERA portal: 26 Mar 2022
Source: official MahaRERA filing
Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
At a glance
Project
- NameMahalaxmi Plaza
- TypeOthers
- Location
- Vengurla (M Cl)
- Vengurla
- Sindhudurg
- 416516
- Pincode416516
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52900013898
- ReraGenie IDRG-MH-53380
Builder
- NameMeraj Majesty Builders and Developers
- Entity typePartnership
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on30 Oct 2017
- Promised completion30 Jun 2021
- Revised completionNone
- Buildings2 building records
- Documents filed30 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Mahalaxmi plaza building 1 | NA | 7 | 0 | 0 | 0 | 0 |
| Mahalaxmi plaza builing 2 | NA | 8 | 0 | 0 | 0 | 0 |
These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.
Builder: Meraj Majesty Builders and Developers
Meraj Majesty Builders and Developers has 1 registration in this build, including Mahalaxmi Plaza. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Sindhudurg district page.
Frequently asked questions
What are my rights if Mahalaxmi Plaza is delayed beyond 30 Jun 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 Mahalaxmi Plaza?
The registered promoter entity is Meraj Majesty Builders and Developers, a partnership as per the filing. The filing discloses no 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, all downloadable free from this page with a login.
Is my payment protected in Mahalaxmi Plaza?
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.
Who certifies construction progress at Mahalaxmi Plaza?
The professionals named in the filing: Architect: Priya Nagesh Deshpande; Engineer: Nagesh Murlidhar Deshpande. 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 Mahalaxmi Plaza?
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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