Home / Browse projects / Raigarh, Maharashtra / PANVEL PRIDE PHASE 2
PANVEL PRIDE PHASE 2
By Elysian Spaces Private Limited
RG-MH-30603 · RERA P52000030827 · Last updated on MahaRERA portal: 14 Aug 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 36 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
2 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.
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PANVEL PRIDE PHASE 2 is a Residential / Group Housing project by Elysian Spaces Private Limited in Raigarh, Maharashtra, registered with MahaRERA as P52000030827 on 14 Sep 2021. Possession is promised by 31 Dec 2027. The completion date has moved by 36 months from the original filing. 9 of the 42 units on this registration are recorded sold or booked, and 10 of 22 construction stages are filed complete.
At a glance
Project
- NamePANVEL PRIDE PHASE 2
- TypeResidential / Group Housing
- Location
- Near Vidhyadhiraj Charitable Trust
- Harigram Road
- Kevale
- Panvel
- Raigarh
- 410206
- Pincode410206
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52000030827
- ReraGenie IDRG-MH-30603
Builder
- NameElysian Spaces Private Limited
- Entity typeCompany
- DirectorSamarth Jigar Mehta
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on14 Sep 2021
- Promised completion31 Dec 2027
- Revised completionRevised to 31 Dec 2027 (originally 31 Dec 2024)
- Buildings2 building records
- Documents filed143 files
Current status
Figures as on 14 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A | NA | 5 | 5 | 19 | 0 | 19 |
| B | NA | 5 | 5 | 23 | 0 | 23 |
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 14 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.
10 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 90%.
A61%
| 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 | 50% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 25% |
| 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. | 10% |
B61%
| 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 | 50% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 82% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 25% |
| 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. | 10% |
Progress on shared amenities15
As on 14 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed23
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 | Open Space | Total |
|---|---|---|---|
| A | 4 | 4 | 8 |
| B | 4 | 11 | 15 |
Land and ownership1
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| Beena Singh | Greater Mumbai (M Corp.) (Part) (802794) | Mumbai Suburban |
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 |
|---|---|---|---|
| A | NA | Rs 3.50 cr | Rs 1.25 cr |
| B | NA | Rs 70.00 lakh | Rs 30.00 lakh |
| - | NA | Rs 70.00 lakh | Rs 26.00 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ar Rushabh Rathod Rushav Rathod |
| Engineer | B S Sukthankar |
| Engineer | Satish Hirkrishna Pandit |
| Chartered Accountant | M H Kachhara |
| Chartered Accountant | Tarun Tater |
| Partner | Role in project |
|---|---|
| Elysian Spaces Private Limited | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe humbly submit herewith that the project Panvel Pride Phase 2 located at Survey No 74/2/A/2/B/2 and 74/2/A/2/B/3, village Kevale, taluka Panvel, district Raigad- 410 206 was registered with MahaRERA in September, 2021. Due to unforeseen circumstances, the launch of the project was delayed. We did market, sell or receive any advances against the said project till date i.e 05th July, 2024. However, we have now started the construction of the project. We request you to humbly provide us an extension under Section 6 of RERA for one year till 31/12/2025 during which we plan on completing the proj
Reason as filed by the promoterWe had received MahaRERA Registration for our above mentioned project on _//_ having validity till 31/12/2025. Due to market conditions, we did not begin the construction as well as sales of the project. Since 2025, we have begun the construction of the project and received Plinth Completion Certificate having Certificate No CIDCO/NAINA/Panvel/BP-414/PCC/Full/2025/0845 dated 18/02/2025. As on 07th October, 2025 the construction is in full swing and is currently at third slab. The same has been mentioned in Form 1 and photos attached. As on date, there has been no sale of any flat in the projec
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 9 Sep 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 9 Sep 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 4 Nov 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 9 Sep 2021Confirm the Commencement Certificate covers the specific floor you are buying. - 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 filed143
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 143 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 |
|---|---|
| Withdrawal Update Form 1File: Form 1.pdf | 14 Aug 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 14 Aug 2026 |
| Withdrawal Update Form 3File: FORM-3.pdf | 14 Aug 2026 |
| Withdrawal Update Form 1File: Form 1 Mar 26.pdf | 27 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 Mar 26.pdf | 27 Apr 2026 |
| Withdrawal Update Form 2File: Form 02 March 26.pdf | 27 Apr 2026 |
| Withdrawal Update Form 2File: Form 02 March 26.pdf | 27 Apr 2026 |
| Withdrawal Update Form 3File: Form 03 March 26.pdf | 27 Apr 2026 |
| Withdrawal Update Form 3File: Form 03 March 26.pdf | 27 Apr 2026 |
| Form 5 (FY 2025-2026)File: ESPL Form 05 March 26.pdf | 27 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1 DEC 25.pdf | 24 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 Dec 25.pdf | 24 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 Dec 25.pdf | 24 Apr 2026 |
| Form 2A (FY 2024-2025)File: 2A March 25.pdf | 10 Nov 2025 |
| Form 2A (FY 2021-2022)File: 2A March 22.pdf | 10 Nov 2025 |
| Form 2A (FY 2022-2023)File: 2A March 23.pdf | 10 Nov 2025 |
| Form 2A (FY 2023-2024)File: 2A March 24.pdf | 10 Nov 2025 |
| Form 5 (FY 2021-2022)File: Form 05 March 22.pdf | 10 Nov 2025 |
| Form 5 (FY 2022-2023)File: Form 05 March 23.pdf | 10 Nov 2025 |
| Form 5 (FY 2023-2024)File: Form 05 March 24.pdf | 10 Nov 2025 |
| Form 5 (FY 2024-2025)File: Form 05 March 25.pdf | 10 Nov 2025 |
| Building plan approvalFile: Approvel PLan.pdf | 4 Nov 2025 |
| Withdrawal Update Form 1File: FORM 1 UPTO SEPT .pdf | 14 Oct 2025 |
| Withdrawal Update Form 1File: FORM 1 UPTO SEPT .pdf | 14 Oct 2025 |
| Withdrawal Update Form 1File: FORM 1 UPTO SEPT .pdf | 14 Oct 2025 |
| Withdrawal Update Form 1File: FORM 1 UPTO SEPT .pdf | 14 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 14 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 14 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 14 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 14 Oct 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 14 Oct 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 14 Oct 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 14 Oct 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 14 Oct 2025 |
| Self-declaration of Quarterly ProgressFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: form 3 March 22.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: form -1 Dec 22.pdf | 13 Oct 2025 |
| Form 2File: form 2A Dec 2022_.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: form - 1 March 23.pdf | 13 Oct 2025 |
| Form 2File: form 2 March 23.pdf | 13 Oct 2025 |
| Form 3File: form 3 March 23.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: form 3 Jun 23.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: form - 1 Sep 23.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: form 3 Sep 23.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: form - 1 Dec 23 .pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: form - 1 March 24.pdf | 13 Oct 2025 |
| Form 2File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 3File: Untitled (2) 66.pdf | 13 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Untitled (2) 66.pdf | 13 Oct 2025 |
| Form 1File: Form - 1 Jun 24 .pdf | 13 Oct 2025 |
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|
| PRATIK HILLSP52000019701 | Sector R3, Raigarh | Feb 2019 | Completed | Aug 2022 | Jun 2022 |
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How this compares with Raigarh
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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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 143 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Elysian Spaces Private Limited
Elysian Spaces Private Limited has 1 registration on MahaRERA, including PANVEL PRIDE PHASE 2. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if PANVEL PRIDE PHASE 2 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 PANVEL PRIDE PHASE 2?
The registered promoter entity is Elysian Spaces Private Limited, a company 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 PANVEL PRIDE PHASE 2?
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 PANVEL PRIDE PHASE 2?
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 PANVEL PRIDE PHASE 2?
The professionals named in the filing: Architect: Ar Rushabh Rathod Rushav Rathod; Engineer: B S Sukthankar; Engineer: Satish Hirkrishna Pandit; Chartered Accountant: M H Kachhara; Chartered Accountant: Tarun Tater. 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 PANVEL PRIDE PHASE 2?
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.
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