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Registered No litigation declared Others project

MAHESHWARI ICON

By MAHNEXUS BUILDCON LLP

RG-MH-32344 · RERA P52000080283 · Last updated on MahaRERA portal: 27 Apr 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves.

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Dec 2027Possession promisedno revision filed
3 of 11Construction stages donefurthest along: Slabs of Super Structure, 45%
39 of 49Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 69 documents Report an error

MAHESHWARI ICON is a Others project by MAHNEXUS BUILDCON LLP in Raigarh, Maharashtra, registered with MahaRERA as P52000080283 on 19 May 2025. Possession is promised by 31 Dec 2027. 10 of the 49 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.

At a glance

Project

  • NameMAHESHWARI ICON
  • TypeOthers
  • Location
    • Market Yard Road
    • Uran Naka
    • Panvel
    • Raigarh
    • 410206
  • Pincode410206
  • RERA no.P52000080283
  • ReraGenie IDRG-MH-32344

Builder

  • NameMAHNEXUS BUILDCON LLP
  • Entity typePartnership

Key dates

this monthRegisteredMay 2025PromisedDec 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on19 May 2025
  • Promised completion31 Dec 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed69 files

Current status

20%10 of 49 units booked
36.0%Work done, per cost certificate

Figures as on 27 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MAHESHWARI ICONNA1414321749

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 27 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.

3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 45%.

MAHESHWARI ICON: 31% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure45%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 27 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)NoNot applicable
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalNoNot applicable
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 SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed50

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 slots50
Closed/Covered50

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 area1,233 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on18 Jul 2025

Approvals and building plan

Sanctioning authorityPanvel Municipal Corporation
Permissible FSI3758.69
Proposed, not sanctioned3,759 sq m
Buildings approved1
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 branchGROUND FLOOR SHOP NO 2 SHREE BALAJI BANQUETS PLOT NO 231 BEHIND MTNL OLD PANVEL NAVI MUMBAI 410206
Estimated costRs 12.12 cr
Cost incurredRs 4.36 cr
Work done36.0%
BuildingWingEstimatedIncurred
MAHESHWARI ICONNARs 11.51 crRs 4.36 cr
-NARs 60.58 lakh-

Certifying professionals and partners4

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

RoleName
ArchitectA One Architects
EngineerVastukalp
Chartered Accountantdeepesh ashwin shah
Chartered AccountantA. T. Upadhye & Co.
PartnerRole in project
MAHNEXUS BUILDCON LLP-

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 8 Apr 2025
  2. Layout approvalOn the file

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

    uploaded 17 May 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 24 Mar 2026
  4. Commencement CertificateOn the file

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

    uploaded 4 Apr 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 31 Dec 2027

Documents filed69

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.

DocumentUploaded
Withdrawal Update Form 1File: Form 1 Q4 signed.pdf27 Apr 2026
Withdrawal Update Form 2File: Form2 sign upload 1.pdf27 Apr 2026
Withdrawal Update Form 3File: Form3 FY 25-26 Q4 MNB LLP.pdf27 Apr 2026
Building plan approvalFile: Amended CC Drawing.pdf24 Mar 2026
Withdrawal Update Form 1File: form 1 architect certificate.pdf24 Mar 2026
Withdrawal Update Form 1File: form 1 architect certificate.pdf24 Mar 2026
Withdrawal Update Form 2File: form 2 engineer certificate.pdf24 Mar 2026
Withdrawal Update Form 2File: form 2 engineer certificate.pdf24 Mar 2026
Withdrawal Update Form 3File: Form3 FY 25-26 Q3 signed.pdf24 Mar 2026
Withdrawal Update Form 3File: Form3 FY 25-26 Q3 signed.pdf24 Mar 2026
Withdrawal Update Form 1File: form 1 architect certificate.pdf14 Jan 2026
Withdrawal Update Form 2File: form 2 engineer certificate.pdf14 Jan 2026
Withdrawal Update Form 3File: Form3 FY 25-26 Q3 signed.pdf14 Jan 2026
Withdrawal Update Form 1File: Form1 signed.pdf31 Oct 2025
Withdrawal Update Form 2File: Form2 signed for Upload.pdf31 Oct 2025
Withdrawal Update Form 3File: Form3 Q2 25-26 Signed.pdf31 Oct 2025
Withdrawal Update Form 1File: Form 1.pdf22 Jul 2025
Withdrawal Update Form 2File: form2.pdf22 Jul 2025
Withdrawal Update Form 3File: Form3 signed.pdf22 Jul 2025
Layout approvalFile: Mahnexus Buildcon LLP Plans.pdf17 May 2025
Layout approvalFile: carpet area clerification.pdf17 May 2025
Copy of Layout Approval (in case of layout)File: Mahnexus Buildcon LLP Plans.pdf17 May 2025
Copy of Layout Approval (in case of layout)File: carpet area clerification.pdf17 May 2025
Other - TechnicalFile: carpet area clerification.pdf17 May 2025
Details of encumbrances concerned to FinanceFile: 1 finance encumbrances.pdf15 Apr 2025
Other - LegalFile: Property card.pdf15 Apr 2025
Details of encumbrances concerned to LegalFile: 1 finance encumbrances.pdf15 Apr 2025
Copy of the legal title reportFile: 2 SEARCH REPORT TITLE REPORT_compressed.pdf8 Apr 2025
Other - LegalFile: 24 CC Email to MahRera.pdf8 Apr 2025
Other - TechnicalFile: 24 CC Email to MahRera.pdf8 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 signed.pdf7 Apr 2025
Other - LegalFile: 00 Membership Certificate.pdf7 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 10 Form 3.pdf5 Apr 2025
Layout approvalFile: Mahnexus Buildcon LLP CCPlans.pdf4 Apr 2025
Layout approvalFile: no layout certificate1.pdf4 Apr 2025
Building plan approvalFile: Mahnexus Buildcon LLP CCPlans.pdf4 Apr 2025
Copy of Layout Approval (in case of layout)File: Mahnexus Buildcon LLP CCPlans.pdf4 Apr 2025
Copy of Layout Approval (in case of layout)File: no layout certificate1.pdf4 Apr 2025
Proforma of Allotment letterFile: 16 LOA_ MAHESHWARI ICON (E).pdf4 Apr 2025
Declaration in FORM BFile: 8 Form B_compressed.pdf4 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 9 Form 1 Architect.pdf4 Apr 2025
Commencement Certificates / NA Order for plotted developmentFile: 6 CC MHLLP.pdf4 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: Mahnexus Buildcon LLP CCPlans.pdf4 Apr 2025
Other - LegalFile: 22 Land disclosure and agreement.pdf4 Apr 2025
Disclosure of sold/ booked inventoryFile: 12 Disclosure of sold unsold inventory1.pdf4 Apr 2025
Declaration about Commencement CertificateFile: 7 Declaration about CC 1.pdf4 Apr 2025
CERSAI detailsFile: 13 Disclosure of Cersai1.pdf4 Apr 2025
Declaration about all RERA Designated Bank Accounts (Format A)File: 15 format A.pdf4 Apr 2025
Deviation Report with respect to Allotment letterFile: 17 No deviation in allotment.pdf4 Apr 2025
Other - FinanceFile: 22 Land disclosure and agreement.pdf4 Apr 2025
Other - TechnicalFile: 22 Land disclosure and agreement.pdf4 Apr 2025
Other - TechnicalFile: 21 Annexure A 1.pdf4 Apr 2025
Deviation Report with respect to model copy of AgreementFile: 18 No Deviation in Agreement.pdf4 Apr 2025
Proforma of Agreement for saleFile: AFS__MAHESHWARI_ICON_(RERA).pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Real estate disclosed Anand Nathani1.pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: 14 2 Real estate disclosed Hiral Mal.pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: 14 3 Real estate disclosed Laxman Patel.pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: 14 4 Real estate disclosed Pravin dubariya.pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: 14 5 Real estate disclosed Premchand Mall.pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: 14 6 Real estate disclosed Rahul Patel.pdf4 Apr 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: 14 7 Real estate disclosed Vinod Mal.pdf4 Apr 2025
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: 16 Format B.pdf4 Apr 2025
Disclosure for secured/unsecured finance availed for the projectFile: 11 Disclosure of secured unsecured loan.pdf4 Apr 2025
PAN CardFile: 01 PAN CARD-Firm.pdf1 Apr 2025
Copy of the legal title reportFile: 2 rera tiltle and search report.pdf1 Apr 2025
Details of encumbrances concerned to FinanceFile: 3 finance encumbrances.pdf1 Apr 2025
Details of encumbrances concerned to FinanceFile: 4 legal Encumbrances.pdf1 Apr 2025
Details of encumbrances concerned to LegalFile: 3 finance encumbrances.pdf1 Apr 2025
Details of encumbrances concerned to LegalFile: 4 legal Encumbrances.pdf1 Apr 2025

How this compares with Raigarh

20%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one has not
26%of Raigarh registrations have lapsed or been cancelledthis one is on the register

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad 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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Builder: MAHNEXUS BUILDCON LLP

MAHNEXUS BUILDCON LLP has 1 registration on MahaRERA, including MAHESHWARI ICON. 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 MAHESHWARI ICON is delayed beyond 31 Dec 2027?

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 MAHESHWARI ICON?

The registered promoter entity is MAHNEXUS BUILDCON LLP, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a 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. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in MAHESHWARI 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 MAHESHWARI 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 MAHESHWARI ICON?

The professionals named in the filing: Architect: A One Architects; Engineer: Vastukalp; Chartered Accountant: deepesh ashwin shah; Chartered Accountant: A. T. Upadhye & 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 MAHESHWARI 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.

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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