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RAAJLAXMI AVENUE
RG-MH-19554 · RERA P99000078250 · Last updated on MahaRERA portal: 25 May 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
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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RAAJLAXMI AVENUE is a Residential / Group Housing project by MAGNUS INFRACON in Palghar, Maharashtra, registered with MahaRERA as P99000078250 on 29 Nov 2024. The registration is recorded completed; possession was promised by 31 Dec 2026. 14 of the 30 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameRAAJLAXMI AVENUE
- TypeResidential / Group Housing
- Location
- MANVEL PADA ROAD
- VIRAR
- Vasai-Virar City (M Corp)
- Vasai
- Palghar
- 401305
- Pincode401305
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000078250
- ReraGenie IDRG-MH-19554
Builder
- NameMAGNUS INFRACON
- Entity typePartnership
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 Nov 2024
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed70 files
Current status
Figures as on 25 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| RAAJLAXMI AVENUE | NA | 11 | 8 | 30 | 0 | 30 |
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 25 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.
3 of 11 construction stages are filed complete. The stage furthest along is Stilt Floor, at 50%.
RAAJLAXMI AVENUE: 38% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 50% |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 20% |
| 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 25 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 | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| 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 | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
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 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 |
|---|---|---|
| RAAJLAXMI AVENUE CO. OP. HSG.SOC.LTD | Vasai-Virar City (M Corp) | Palghar |
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 partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | KULDEEP B PATIL |
| Engineer | MUKESH KUMAR |
| Engineer | SANJAY B BELNEKAR |
| Chartered Accountant | VIVEK J SANKHALA |
| Chartered Accountant | RAVEENA SANKHALA |
| Partner | Role in project |
|---|---|
| MAGNUS INFRACON | - |
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 15 Oct 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 15 Oct 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 15 Oct 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Oct 2024Confirm the Commencement Certificate covers the specific floor you are buying. - 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 filed70
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 |
|---|---|
| Occupational CertificateFile: VP-7064 ORDER.pdf | 25 May 2026 |
| Form 1File: FORM 1.pdf | 16 Apr 2026 |
| Form 2File: FORM 2.pdf | 16 Apr 2026 |
| Form 3File: FORM 3.pdf | 16 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: RAAJLAXMI AVENUE iNVENTORY LIST MARCH 2026.pdf | 16 Apr 2026 |
| Form 2A (FY 2025-2026)File: FORM 2A.pdf | 16 Apr 2026 |
| Form 1File: FORM 1 DEC 2025.pdf | 21 Feb 2026 |
| Form 2File: FORM 2 DEC 2025.pdf | 21 Feb 2026 |
| Form 3File: FORM 3 DEC 2025.pdf | 21 Feb 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCOLSORE OF SOLD INVENTORY DEC AVENUE.pdf | 21 Feb 2026 |
| Form 1File: FORM 1 (11-11-2025) (1).pdf | 13 Dec 2025 |
| Form 3File: FORM 3 (02-12-2025) (1).pdf | 13 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD (05-10-2025) (1).pdf | 13 Dec 2025 |
| Form 2File: FORM 2 (05-12-2025).pdf | 13 Dec 2025 |
| Form 1File: FORM 1 (03-04-2025).pdf | 12 Dec 2025 |
| Form 2File: FORM 2 (16-04-2025).pdf | 12 Dec 2025 |
| Form 3File: FORM 3 (30-04-2025).pdf | 12 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD (05-04-2025).pdf | 12 Dec 2025 |
| Form 2File: FORM 2 (23-07-2025).pdf | 12 Dec 2025 |
| Form 3File: FORM 3 (20-07-2025).pdf | 12 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD (05-07-2025) (1).pdf | 12 Dec 2025 |
| Form 1File: FORM 1 (22-07-2025).pdf | 12 Dec 2025 |
| Form 2A (FY 2024-2025)File: FORM 2A (16-08-2025).pdf | 12 Dec 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 ( 24-09-2025).pdf | 12 Dec 2025 |
| Form 1File: FORM 1 (31-12-2024).pdf | 6 Dec 2025 |
| Form 2File: FORM 2 (28-01-2025).pdf | 6 Dec 2025 |
| Form 3File: FORM 3 (31-01-2025).pdf | 6 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD.pdf | 6 Dec 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: avenue 1.pdf | 5 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Avenue form2A.pdf | 5 May 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD AVENUE.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD AVENUE DEC.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 AVENUE.pdf | 7 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 AVENUE.pdf | 7 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 AVENUE.pdf | 7 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 AVENUE.pdf | 7 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 AVENUE.pdf | 7 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 AVENUE.pdf | 7 Feb 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: FORMAT A REVICED AVENUE.pdf | 22 Nov 2024 |
| Proforma of Agreement for saleFile: AVENUE DRAFT AGMT.pdf | 18 Nov 2024 |
| Proforma of Allotment letterFile: ALLOTTMENT LETTER.pdf | 13 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: ENCUMBRANCE TO LEGAL.pdf | 4 Nov 2024 |
| Declaration about Commencement CertificateFile: FORMAT D.pdf | 4 Nov 2024 |
| Details of encumbrances concerned to LegalFile: ENCUMBRANCE TO LEGAL.pdf | 4 Nov 2024 |
| Other - LegalFile: CC approval.pdf | 29 Oct 2024 |
| Other - TechnicalFile: declaration cum undertaking avenue.pdf | 21 Oct 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: NA_0001.pdf | 17 Oct 2024 |
| Building plan approvalFile: scan0074_compressed.pdf | 15 Oct 2024 |
| Layout approvalFile: scan0075_compressed (1).pdf | 15 Oct 2024 |
| PAN CardFile: PAN CARD.pdf | 15 Oct 2024 |
| Copy of the legal title reportFile: RA TITLE_compressed.pdf | 15 Oct 2024 |
| Details of encumbrances concerned to FinanceFile: NON- ENCUMBRANCE CONCERNED TO FINANCE AVENUE.pdf | 15 Oct 2024 |
| Copy of Layout Approval (in case of layout)File: scan0075_compressed (1).pdf | 15 Oct 2024 |
| Declaration in FORM BFile: FORM B.pdf | 15 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RAAJLAXMI AVENUE (FORM 1)_0001.pdf | 15 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA AVENUE (2).pdf | 15 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 15 Oct 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC (RAAJLAXMI AVENUE)_0001 (1).pdf | 15 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: scan0074_compressed.pdf | 15 Oct 2024 |
| CERSAI detailsFile: UNDERTAKING FOR NO CERSAI REPORT.pdf | 15 Oct 2024 |
| Deviation Report with respect to Allotment letterFile: DEVIATION REPORT WITH RESPECT TO ALLOTMENT LETTER_0001.pdf | 15 Oct 2024 |
| Details of encumbrances concerned to LegalFile: NON- ENCUMBRANCE CONCERNED TO FINANCE AVENUE.pdf | 15 Oct 2024 |
| Deviation Report with respect to model copy of AgreementFile: DEVIATION REPORT.pdf | 15 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: AB (DISCLOSURE OF INTEREST IN OTHER REAL ESTATE ORGANIZATION)_0001.pdf | 15 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DM (DISCLOSURE OF INTEREST IN OTHER REAL ESTATE ORGANIZATION)_0001.pdf | 15 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: HS (DISCLOSURE OF INTEREST IN OTHER REAL ESTATE ORGANIZATION)_0001.pdf | 15 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: JS (DISCLOSURE OF INTEREST IN OTHER REAL ESTATE ORGANIZATION)_0001.pdf | 15 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: RR ( DISCLOSURE OF INTEREST IN OTHER REAL ESTATE ORGANIZATIONS)_0001.pdf | 15 Oct 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: RA FORMAT B_organized.pdf | 15 Oct 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: secured unsecured loan avenue.pdf | 15 Oct 2024 |
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How this compares with Palghar
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Buyer report
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- All 70 filed documents as one ZIP, foldered, with a manifest
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Builder: MAGNUS INFRACON
MAGNUS INFRACON has 1 registration on MahaRERA, including RAAJLAXMI AVENUE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if RAAJLAXMI AVENUE 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 RAAJLAXMI AVENUE?
The registered promoter entity is MAGNUS INFRACON, 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 RAAJLAXMI AVENUE?
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 RAAJLAXMI AVENUE?
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 RAAJLAXMI AVENUE?
The professionals named in the filing: Architect: KULDEEP B PATIL; Engineer: MUKESH KUMAR; Engineer: SANJAY B BELNEKAR; Chartered Accountant: VIVEK J SANKHALA; Chartered Accountant: RAVEENA SANKHALA. 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 RAAJLAXMI AVENUE?
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.
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