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Registration lapsed No litigation declared Residential / Group Housing project

PARADISE PHASE 2

By DIVEKAR CONSTRUCTION

RG-MH-55865 · RERA P99000046235 · Last updated on MahaRERA portal: 16 Jan 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 26 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • 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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Aug 2024Possession promised26 months past this date
5 of 11Construction stages donefurthest along: Internal walls, 85%
0Complaints at MahaRERAon this registration
Jump to the 21 documents Report an error

PARADISE PHASE 2 is a Residential / Group Housing project by DIVEKAR CONSTRUCTION in Palghar, Maharashtra, registered with MahaRERA as P99000046235 on 20 Jun 2022. Possession was promised by 31 Aug 2024 and is now 26 months past that date.

At a glance

Project

  • NamePARADISE PHASE 2
  • TypeResidential / Group Housing
  • Location
    • AZAD ROAD
    • RAMEDI PARNAKA
    • Vasai-Virar City (M Corp)
    • Vasai
    • Palghar
    • 401201
  • Pincode401201
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P99000046235
  • ReraGenie IDRG-MH-55865

Builder

  • NameDIVEKAR CONSTRUCTION
  • Entity typePartnership
  • PartnersAMOL PARULEKAR, SHUBHANGI WALAVALKAR, KALPANA PARULEKAR, FLORINA AMOL PARULEKAR
  • Other registrations2 more →
  • No longer live3 lapsed, de-registered or revoked

Key dates

26 months past promisethis monthRegisteredJun 2022PromisedAug 2024

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on20 Jun 2022
  • Promised completion31 Aug 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed21 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PARADISE WING ANA70000

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 16 Jan 2025, 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.

5 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 85%.

PARADISE WING A: 75% average across the applicable activities

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/Premises85%
Sanitary Fittings within the flats / premises65%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks80%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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.50%

Progress on shared amenities15

As on 16 Jan 2025, 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 SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes70%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes70%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes50%
Water conservation /Rain water harvestingYes25%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes50%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes50%

Parking filed44

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 slots44
Closed/Covered15
Open Space29

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 area2,168 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI2358.76
Proposed, not sanctioned2,359 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 branchNEAR NEW ENGLISH SCHOOL VASAI GAON 401201

Certifying professionals and partners3

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

RoleName
ArchitectONE SOURCE ARCHITECT ENGINEERS
EngineerIRA STRUCTURAL CONSULTANTS
Chartered AccountantSARIKA SHETTY & ASSOCIATES
PartnerRole in project
DIVEKAR CONSTRUCTION-

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 14 Jun 2022
  2. Layout approvalOn the file

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

    uploaded 14 Jun 2022
  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 14 Jun 2022
  4. Commencement CertificateOn the file

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

    uploaded 14 Jun 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot on 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.

Documents filed21

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
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1 Paradise Phase 2.pdf16 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 pardise phase 2_compressed.pdf15 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Paradise Phase 2.pdf16 Aug 2024
Layout approvalFile: 1 Copy of Layout Approval (in case of layout).pdf14 Jun 2022
Building plan approvalFile: 1 Building Plan Approval _ NA Order for plotted development.pdf14 Jun 2022
Building plan approvalFile: 2 Building Plan Approval _ NA Order for plotted development.pdf14 Jun 2022
PAN CardFile: 1 PAN Card.pdf14 Jun 2022
Copy of the legal title reportFile: 1 Copy of the legal title report.pdf14 Jun 2022
Copy of the legal title reportFile: 2 Copy of the legal title report.pdf14 Jun 2022
Details of encumbrancesFile: 1 Details of encumbrances.pdf14 Jun 2022
Copy of Layout Approval (in case of layout)File: 1 Copy of Layout Approval (in case of layout).pdf14 Jun 2022
Building Plan Approval / NA Order for plotted developmentFile: 1 Building Plan Approval _ NA Order for plotted development.pdf14 Jun 2022
Building Plan Approval / NA Order for plotted developmentFile: 2 Building Plan Approval _ NA Order for plotted development.pdf14 Jun 2022
Commencement Certificates / NA Order for plotted developmentFile: 1 Commencement Certificates _ NA Order for plotted development.pdf14 Jun 2022
Declaration about Commencement CertificateFile: 1 Declaration about Commencement Certificate.pdf14 Jun 2022
Declaration in FORM BFile: 1 Declaration in FORM B.pdf14 Jun 2022
CERSAI detailsFile: 1 CERSAI details.pdf14 Jun 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf14 Jun 2022
Proforma of Allotment letterFile: 1 Proforma of the allotment letter and agreement for sale.pdf14 Jun 2022
Proforma of Allotment letterFile: 2 Proforma of the allotment letter and agreement for sale.pdf14 Jun 2022
OtherFile: 1 Other.pdf14 Jun 2022

How this compares with Palghar

31%of Palghar projects moved their completion datethis one has not
26%of Palghar registrations have lapsed or been cancelledthis one is among them

Computed across the 3,200+ Palghar projects on ReraGenie, from their own filings.

Free monthly report: Vasai-Virar and Palghar 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 RAMEDI PARNAKA3,200+ in Palghar

2 kmPARADISE PHASE 2Completed 124Lapsed / revoked 56Other 136Dot size: filed unitsN

Filed coordinates, straight-line distance. 316 registered projects within 2 km.

Builder: DIVEKAR CONSTRUCTION

DIVEKAR CONSTRUCTION has 3 registrations on MahaRERA, including PARADISE and PARADISE B WING. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.

Frequently asked questions

What does it mean that PARADISE PHASE 2 shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if PARADISE PHASE 2 is delayed beyond 31 Aug 2024?

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 PARADISE PHASE 2?

The registered promoter entity is DIVEKAR CONSTRUCTION, 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 PARADISE 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 PARADISE 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 PARADISE PHASE 2?

The professionals named in the filing: Architect: ONE SOURCE ARCHITECT ENGINEERS; Engineer: IRA STRUCTURAL CONSULTANTS; Chartered Accountant: SARIKA SHETTY & 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 PARADISE 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; 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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