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PARADISE RESIDENCY
By PARIKH INVESTMENT AND DEVELOPMENT PVT. LTD.
RG-MH-11636 · RERA P99000004196 · Last updated on MahaRERA portal: 11 Oct 2021
Source: official MahaRERA filing
Red flags
- Completion date moved by 24 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
See what the report covers Free either way: or have every new Palghar registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
PARADISE RESIDENCY is a Residential / Group Housing project by PARIKH INVESTMENT AND DEVELOPMENT PVT. LTD. in Palghar, Maharashtra, registered with MahaRERA as P99000004196 on 8 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2021. The completion date has moved by 24 months from the original filing.
At a glance
Project
- NamePARADISE RESIDENCY
- TypeResidential / Group Housing
- Location
- NEAR NEW VIVA COLLEGE
- NEW VIVA COLLEGE
- Vasai-Virar City (M Corp)
- Vasai
- Palghar
- 401303
- Pincode401303
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000004196
- ReraGenie IDRG-MH-11636
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on8 Aug 2017
- Promised completion30 Dec 2021
- Revised completionRevised to 30 Dec 2021 (originally 31 Dec 2019)
- Buildings1 building record
- Documents filed49 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PARADISE RESIDENCY | NA | 11 | 0 | 0 | 0 | 0 |
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 11 Oct 2021, 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.
4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 50%.
PARADISE RESIDENCY: 41% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 11 Oct 2021, 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | Yes | 100% |
Parking filed30
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.
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SANJAY NARANG |
| Engineer | PARESH UNNKARKAR |
| Chartered Accountant | AKBINDER KAUR SAINI |
| Chartered Accountant | ASHOK BANSAL |
| Partner | Role in project |
|---|---|
| PARIKH INVESTMENT AND DEVELOPMENT PVT. LTD. | - |
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 promoteras per the Revised Development permission dated 25th October 2019
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 16 Nov 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 11 Jan 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 11 Jan 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Nov 2019Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 28 Apr 2021
Documents filed49
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.
| Document | Uploaded |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Paradsie Residency_Form-4_compressed.pdf | 11 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Paradise Residency_Form-2A_30-09-20_compressed.pdf | 19 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form-2A Paradise Residency_30-6-2020.pdf | 19 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Paradise Residency_Form-2A_31-12-20_compressed.pdf | 19 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Paradise Residency_Form-2A_31-03-21_compressed.pdf | 19 Aug 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Paradise Residency Occupancy Certificate.pdf | 28 Apr 2021 |
| Certificates of CA (Form 3)File: Paradise Residency Form 3_31-12-20.pdf | 13 Feb 2021 |
| Layout approvalFile: Layout Plan.pdf | 11 Jan 2021 |
| Building plan approvalFile: Typical Floor plan.pdf | 11 Jan 2021 |
| Copy of Layout Approval (in case of layout)File: Layout Plan.pdf | 11 Jan 2021 |
| Building Plan Approval (IOD)File: Typical Floor plan.pdf | 11 Jan 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM-2A- Paradise Residency_30-09-19.pdf | 11 Jan 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Paradise Residency Occupancy Certificate.pdf | 9 Jan 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form1_Paradise Residency_30-06-2020.pdf | 24 Aug 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form2_Paradise Residency_30-06-20_compressed.pdf | 24 Aug 2020 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form2A Paradise Residency_31-12-2019.pdf | 24 Aug 2020 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form2A Paradise Residency_31-3-2020.pdf | 24 Aug 2020 |
| Certificates of CA (Form 3)File: Form 3_Paradise Residency_30-06-20_compressed.pdf | 24 Aug 2020 |
| Proforma of Allotment letterFile: Agreement_Paradise Residency.pdf | 25 Feb 2020 |
| Details of encumbrancesFile: Self Certification of Promoter for Encumbrances.pdf | 25 Jan 2020 |
| Details of encumbrancesFile: Index-II of Indenture of Mortgage-ICICIHFC.pdf | 25 Jan 2020 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM-2A- Paradise Residency_30-06-19.pdf | 7 Dec 2019 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM-2A- Paradise Residency_30-06-19.pdf | 7 Dec 2019 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: FORM-5, CA-Annual Report_Paradise Residency-FY 2017-18.pdf | 7 Dec 2019 |
| Layout approvalFile: Layout plan.pdf | 16 Nov 2019 |
| Building plan approvalFile: Paradise Residency floor plan reduce size.pdf | 16 Nov 2019 |
| Building plan approvalFile: Revised Development permission 25-10-2019.pdf | 16 Nov 2019 |
| Copy of the legal title reportFile: RP Joshi Title Paradise Residency.pdf | 16 Nov 2019 |
| Copy of Layout Approval (in case of layout)File: Layout plan.pdf | 16 Nov 2019 |
| Building Plan Approval (IOD)File: Paradise Residency floor plan reduce size.pdf | 16 Nov 2019 |
| Building Plan Approval (IOD)File: Revised Development permission 25-10-2019.pdf | 16 Nov 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: Revised Development permission 25-10-2019.pdf | 16 Nov 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Paradise Residency.pdf | 16 Nov 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Paradise Residency.pdf | 16 Nov 2019 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate Paradise Residency.pdf | 16 Nov 2019 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 Paradise Residency FY 2018-19.pdf | 16 Nov 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Bldg No 2.pdf | 30 Apr 2018 |
| Certificates of CA (Form 3)File: CA Certificate Paradise Residency.pdf | 29 Jul 2017 |
| Copy of the legal title reportFile: Title Report Bldg no 2.pdf | 27 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Cert for Paradise Residency.pdf | 27 Jul 2017 |
| Proforma of Allotment letterFile: From B Affidavit cum Declaration.pdf | 27 Jul 2017 |
| Details of encumbrancesFile: Self Certification Paradise Residency.pdf | 26 Jul 2017 |
| Declaration in FORM BFile: From B Affidavit cum Declaration.pdf | 26 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate Paradise Residency.pdf | 26 Jul 2017 |
| Building plan approvalFile: Revised Development Permission_31-03-17.pdf | 25 Jul 2017 |
| Layout approvalFile: Layout Plan compressed.pdf | 25 Jul 2017 |
| PAN CardFile: PID PAN Card.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Layout Plan compressed.pdf | 25 Jul 2017 |
| Building Plan Approval (IOD)File: Revised Development Permission_31-03-17.pdf | 25 Jul 2017 |
Promoter's earlier projects2
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 | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| PARADISE TOWER | BEHIND NEW VIVA COLLLEGE VILLAGE BOLINJ VIRAR WEST DIST PALGAHR - 401 303 | 164 | Completed | Dec 2015 | Oct 2015 |
| PARADISE PARK BUILDING NO 4 5 AND 6 | BEHIND NEW VIVA COLLEGE VIRAR WEST DIST PALGHAR | 328 | Completed | Dec 2010 | Late, Sep 2011 |
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How this compares with Palghar
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.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 49 filed documents as one ZIP, foldered, with a manifest
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Builder: PARIKH INVESTMENT AND DEVELOPMENT PVT. LTD.
PARIKH INVESTMENT AND DEVELOPMENT PVT. LTD. has 2 registrations on MahaRERA, including PARADISE RESIDENCY and PARADISE GRANDEUR. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if PARADISE RESIDENCY is delayed beyond 30 Dec 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 PARADISE RESIDENCY?
The registered promoter entity is PARIKH INVESTMENT AND DEVELOPMENT PVT. LTD., 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 PARADISE RESIDENCY?
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 RESIDENCY?
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 RESIDENCY?
The professionals named in the filing: Architect: SANJAY NARANG; Engineer: PARESH UNNKARKAR; Chartered Accountant: AKBINDER KAUR SAINI; Chartered Accountant: ASHOK BANSAL. 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 RESIDENCY?
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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