Home / Browse projects / Thane, Maharashtra / Panvelkar Greens - Phase I
Panvelkar Greens - Phase I
RG-MH-80269 · RERA P51700033348 · Last updated on MahaRERA portal: 6 May 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
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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Panvelkar Greens - Phase I is a Residential / Group Housing project by ESHAN DEVELOPERS in Thane, Maharashtra, registered with MahaRERA as P51700033348 on 16 Feb 2022. Possession is promised by 31 Dec 2026. The completion date has moved by 12 months from the original filing. 71 of the 207 units on this registration are recorded sold or booked, and 14 of 22 construction stages are filed complete.
At a glance
Project
- NamePanvelkar Greens - Phase I
- TypeResidential / Group Housing
- Location
- Badlapur Neral road
- Joveli
- Badlapur (M Cl)
- Ambarnath
- Thane
- 421503
- Pincode421503
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700033348
- ReraGenie IDRG-MH-80269
Builder
- NameESHAN DEVELOPERS
- Entity typePartnership
- PartnersMAHESH PANVELKAR, APARNA DESHMUKH, ASHWIN VEGAD, ASLAM DON, ATUL KUDTARKAR, JAYANTILAL PARMAR, NARENDRA VEGAD, NITIN VEGAD, PRITAM PANVELKAR, RAHUL PANVELKAR, REVATI POTDAR, UMAKANT VARADE and 2 more
- Other registrations3 more →
- Completed1 of 4
- No longer live2 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on16 Feb 2022
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2025)
- Buildings2 building records
- Documents filed83 files
Current status
Figures as on 6 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BLDG NO 1 | NA | 7 | 5 | 30 | 0 | 30 |
| BLDG NO 3 | NA | 15 | 15 | 166 | 11 | 177 |
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 6 May 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.
14 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Slabs of Super Structure, at 85%.
BLDG NO 191%
| 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% |
BLDG NO 353%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 55% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 30% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 10% |
| 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 6 May 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 | Yes | 0% |
| 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 | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 30% |
| Aggregate area of recreational Open Space | Yes | 60% |
| Open Parking | Yes | 0% |
Parking filed1
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BLDG NO 3 | NA | Rs 23.96 cr | Rs 15.57 cr |
| BLDG NO 1 | NA | Rs 2.68 cr | Rs 2.68 cr |
| - | NA | Rs 1.26 cr | Rs 18.92 lakh |
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 | Samarthya Engineers |
| Engineer | Atul Kudtarkar & Associates |
| Engineer | Atul Kudtarkar & Associates Private Limited |
| Chartered Accountant | ASKA & Co |
| Chartered Accountant | Mangesh Ghanekar |
| Chartered Accountant | Joshi Kale & Associates |
| Chartered Accountant | Kirtane & Pandit LLP |
| Partner | Role in project |
|---|---|
| ESHAN DEVELOPERS | - |
Extensions applied for1
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 sluggish market conditions we have not been able to start the construction work of 1 building out of two. We have also received only 6 bookings out of 207 total units. Therefore there is no third party interest created apart from those 6 bookings out of which consent of 4 has already been obtained. Given this background we request you to extend project completion date by further 1 year.
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 1 Feb 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 10 Feb 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 10 Feb 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 1 Feb 2022Confirm 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 2026
Documents filed83
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 83 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: Signed Form 1__Eshan Developers as on March 2026.pdf | 6 May 2026 |
| Withdrawal Update Form 2File: Signed Form 2__Eshan Developers as on March 2026.pdf | 6 May 2026 |
| Withdrawal Update Form 3File: Signed Form 3__Eshan Developers as on March 2026.pdf | 6 May 2026 |
| Withdrawal Update Form 1File: Signed Form 1 Panvelkar Greens as on December 2025.pdf | 7 Apr 2026 |
| Withdrawal Update Form 2File: Signed Form 2 Panvelkar Greens as on December 2025.pdf | 7 Apr 2026 |
| Withdrawal Update Form 3File: Signed Form 3 Panvelkar Greens as on December 2025.pdf | 7 Apr 2026 |
| Withdrawal Update Form 1File: Signed Form 1 as on September 2025 Panvelkar Greens.pdf | 6 Apr 2026 |
| Withdrawal Update Form 2File: Signed Form 2 Panvelkar Greens as on Sept 2025.pdf | 6 Apr 2026 |
| Withdrawal Update Form 3File: Signed Form 3 as on September 2025__Panvelkar Greens.pdf | 6 Apr 2026 |
| Form 1File: Signed form 1 as on March 2025__Panvelkar Greens.pdf | 3 Apr 2026 |
| Form 2File: Signed Form 2 as on March 2025__Panvelkar Greens.pdf | 3 Apr 2026 |
| Form 3File: Signed Form 3 as on March 2025__Panvelkar Greens.pdf | 3 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: Signed Disclosure of sold unsold Inventory as on March 2025.pdf | 3 Apr 2026 |
| Form 1File: Form 1 of Panvelkar Greens as on June 24.pdf | 23 Mar 2026 |
| Form 2File: Form 2 of Panvelkar Greens as on June 24.pdf | 23 Mar 2026 |
| Form 3File: Form 3 of Panvelkar Greens as on June 24.pdf | 23 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Signed Disclosure of Inventory as on 30th june 2024__Panvelkar Greens.pdf | 23 Mar 2026 |
| Form 1File: Form 1 of Panvelkar Greens__Sept 24.pdf | 23 Mar 2026 |
| Form 2File: Form 2 of Panvelkar Greens__Sept 24.pdf | 23 Mar 2026 |
| Form 3File: Form 3 of Panvelkar Greens__Sept 24.pdf | 23 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Signed Disclosure of Inventory as on 30th sep 2024.pdf | 23 Mar 2026 |
| Form 2File: Form 2 of Panvelkar as on December 2024.pdf | 23 Mar 2026 |
| Form 1File: Form 1 of Panvelkar as on December 2024.pdf | 23 Mar 2026 |
| Form 3File: Form 3 of Panvelkar as on December 2024.pdf | 23 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Signed Disclosure of Inventory as on 31st dec 2024.pdf | 23 Mar 2026 |
| Form 5 (FY 2024-2025)File: Signed Form 5__Eshan Developers for FY 2024-25.pdf | 26 Feb 2026 |
| Form 1File: Form 1 June 2023.pdf | 6 Oct 2025 |
| Form 2File: Form 2 June 2023.pdf | 6 Oct 2025 |
| Form 3File: Form 3 June 2023.pdf | 6 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold_ booked inventory June 2023.pdf | 6 Oct 2025 |
| Withdrawal Update Form 1File: form 1 Q4.pdf | 11 Aug 2025 |
| Withdrawal Update Form 2File: from 2 Q4.pdf | 11 Aug 2025 |
| Withdrawal Update Form 3File: form3.pdf | 11 Aug 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1 Q1.pdf | 15 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1 Q2.pdf | 15 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1 Q3.pdf | 15 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Q1.pdf | 15 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Q2.pdf | 15 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Q3.pdf | 15 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 Q1.pdf | 15 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 Q2.pdf | 15 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 Q3.pdf | 15 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Eshan -panvelkar greens form 5.pdf | 16 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Panvelkar Greens.pdf | 9 Oct 2023 |
| Declaration in FORM BFile: AFFIDAVIT.pdf | 4 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory_compressed.pdf | 4 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_.pdf | 23 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_.pdf | 23 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3__compressed.pdf | 23 Aug 2023 |
| Details of encumbrancesFile: ENCUMBRANCES DECLARATION.pdf | 17 Feb 2023 |
| Layout approvalFile: Page 1 compressed.pdf | 10 Feb 2022 |
| Layout approvalFile: Page 2 compressed.pdf | 10 Feb 2022 |
| Layout approvalFile: Page 3 compressed.pdf | 10 Feb 2022 |
| Layout approvalFile: Page 4 compressed.pdf | 10 Feb 2022 |
| Layout approvalFile: Page 5 compressed.pdf | 10 Feb 2022 |
| Building plan approvalFile: Page 1 compressed.pdf | 10 Feb 2022 |
| Building plan approvalFile: Page 2 compressed.pdf | 10 Feb 2022 |
| Building plan approvalFile: Page 3 compressed.pdf | 10 Feb 2022 |
| Building plan approvalFile: Page 4 compressed.pdf | 10 Feb 2022 |
| Building plan approvalFile: Page 5 compressed.pdf | 10 Feb 2022 |
| Copy of Layout Approval (in case of layout)File: Page 1 compressed.pdf | 10 Feb 2022 |
| Copy of Layout Approval (in case of layout)File: Page 2 compressed.pdf | 10 Feb 2022 |
| Copy of Layout Approval (in case of layout)File: Page 3 compressed.pdf | 10 Feb 2022 |
| Copy of Layout Approval (in case of layout)File: Page 4 compressed.pdf | 10 Feb 2022 |
| Copy of Layout Approval (in case of layout)File: Page 5 compressed.pdf | 10 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Page 1 compressed.pdf | 10 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Page 2 compressed.pdf | 10 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Page 3 compressed.pdf | 10 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Page 4 compressed.pdf | 10 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Page 5 compressed.pdf | 10 Feb 2022 |
| PAN CardFile: Pan card eshan developers.pdf | 1 Feb 2022 |
| Copy of the legal title reportFile: Title1_compressed.pdf | 1 Feb 2022 |
| Copy of the legal title reportFile: Title 2_compressed.pdf | 1 Feb 2022 |
| Copy of the legal title reportFile: Title 3_compressed.pdf | 1 Feb 2022 |
| Copy of the legal title reportFile: Title 4_compressed.pdf | 1 Feb 2022 |
| Details of encumbrancesFile: No Encumbrance.pdf | 1 Feb 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certi.pdf | 1 Feb 2022 |
| Declaration about Commencement CertificateFile: CC Declaration.pdf | 1 Feb 2022 |
| Declaration in FORM BFile: Form B affidavit.pdf | 1 Feb 2022 |
| CERSAI detailsFile: CERSAI registration.pdf | 1 Feb 2022 |
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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 the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 83 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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Filed coordinates, straight-line distance. 97 registered projects within 2 km.
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Builder: ESHAN DEVELOPERS
ESHAN DEVELOPERS has 4 registrations on MahaRERA, including ESHAN CULTURE and PANVELKAR PRESTIGE PHASE 2. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if Panvelkar Greens - Phase I is delayed beyond 31 Dec 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 Panvelkar Greens - Phase I?
The registered promoter entity is ESHAN DEVELOPERS, 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 Panvelkar Greens - Phase 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 Panvelkar Greens - Phase 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 Panvelkar Greens - Phase I?
The professionals named in the filing: Architect: Samarthya Engineers; Engineer: Atul Kudtarkar & Associates; Engineer: Atul Kudtarkar & Associates Private Limited; Chartered Accountant: ASKA & Co; Chartered Accountant: Mangesh Ghanekar; Chartered Accountant: Joshi Kale & Associates. 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 Panvelkar Greens - Phase 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; 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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