Home / Browse projects / Palghar, Maharashtra / Radha Nilaya Phase 2
Radha Nilaya Phase 2
RG-MH-30934 · RERA P99000079268 · Last updated on MahaRERA portal: 22 Apr 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
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
- All 2 earlier projects delivered on promise
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.
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.
Radha Nilaya Phase 2 is a Residential / Group Housing project by Kishore Anand Shetty in Palghar, Maharashtra, registered with MahaRERA as P99000079268 on 25 Feb 2025. Possession is promised by 31 Dec 2030. 21 of the 117 units on this registration are recorded sold or booked, and 4 of 33 construction stages are filed complete.
At a glance
Project
- NameRadha Nilaya Phase 2
- TypeResidential / Group Housing
- Location
- Chandrapada Road
- Naigaon East
- Chandrapada
- Vasai
- Palghar
- 401208
- Pincode401208
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000079268
- ReraGenie IDRG-MH-30934
Builder
- NameKishore Anand Shetty
- Entity typeIndividual
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on25 Feb 2025
- Promised completion31 Dec 2030
- Revised completionNone
- Buildings3 building records
- Documents filed47 files
Current status
Figures as on 22 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Residential Bldg No 2 - Krishnakunj Bldg No 2 | NA | 8 | 8 | 49 | 0 | 49 |
| Residential Bldg No 3 A Wing - Krishnakunj Bldg No 3 A Wing | NA | 5 | 5 | 26 | 0 | 26 |
| Residential Bldg No 3 B Wing - Krishnakunj Bldg No 3 B Wing | NA | 8 | 8 | 42 | 0 | 42 |
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 building3
As on 22 Apr 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.
4 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Internal walls, at 50%.
Residential Bldg No 2 - Krishnakunj Bldg No 245%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| 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 | 10% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 20% |
| 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% |
Residential Bldg No 3 A Wing - Krishnakunj Bldg No 3 A Wing0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| 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% |
Residential Bldg No 3 B Wing - Krishnakunj Bldg No 3 B Wing0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| 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 22 Apr 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 | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| 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 | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed28
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 |
|---|---|---|---|
| Residential Bldg No 2 - Krishnakunj Bldg No 2 | 1 | 11 | 12 |
| Residential Bldg No 3 A Wing - Krishnakunj Bldg No 3 A Wing | 1 | 5 | 6 |
| Residential Bldg No 3 B Wing - Krishnakunj Bldg No 3 B Wing | 1 | 9 | 10 |
Land and ownership
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.
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 |
|---|---|---|---|
| Residential Bldg No 3 B Wing - Krishnakunj Bldg No 3 B Wing | NA | Rs 8.46 cr | - |
| Residential Bldg No 2 - Krishnakunj Bldg No 2 | NA | Rs 7.51 cr | Rs 6.16 cr |
| Residential Bldg No 3 A Wing - Krishnakunj Bldg No 3 A Wing | NA | Rs 6.80 cr | - |
| - | NA | Rs 4.34 cr | - |
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 | Himesh Gupta |
| Architect | Himesh Gupta & Associates |
| Engineer | Harsh D Chhatbar |
| Chartered Accountant | Rakesh S Tiwari |
| Partner | Role in project |
|---|---|
| Kishore Anand Shetty | - |
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 7 Feb 2025 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Nov 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 18 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Nov 2024Confirm 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 2030
Documents filed47
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 |
|---|---|
| Withdrawal Update Form 1File: form 1 Radhanilaya phase II QRTR 4.pdf | 22 Apr 2026 |
| Withdrawal Update Form 2File: form 2 Radhanilaya phase II QRTR 4.pdf | 22 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 Radhanlaya Phase II QRTR 4.pdf | 22 Apr 2026 |
| Withdrawal Update Form 1File: form 1 Radha nilaya phase 2 3rd QRTR.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: form 2 Radhanilaya phase 2 3rd QRTR.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Radhanilaya phase 2 3rd QRTR.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: form 1 Radha nilaya phase 2 2 nd qrtr.pdf | 16 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 Radha nilaya phase 2 nd qrtr.pdf | 16 Oct 2025 |
| Withdrawal Update Form 3File: form 3 Rahanilaya phase 2.pdf | 16 Oct 2025 |
| Disclosure of sold/ booked inventoryFile: Sold booked inventory Radha nilaya phase 2.pdf | 24 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 March 2025.pdf | 21 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 March 2025.pdf | 21 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 March 2025.pdf | 21 Apr 2025 |
| Other - LegalFile: Form B Radha Nilaya Phase 2.pdf | 17 Feb 2025 |
| Copy of the legal title reportFile: Legal Tital Report K K CREATE.pdf | 7 Feb 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Bank letter KK create.pdf | 18 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 KK create Final_compressed.pdf | 28 Nov 2024 |
| Other - TechnicalFile: One plot undetaking.pdf | 28 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Promoter details Annexure A.pdf | 28 Nov 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Loan details Radha Nilaya.pdf | 28 Nov 2024 |
| Proforma of Agreement for saleFile: AFS RADHA NILAYA PHASE 2.pdf | 25 Nov 2024 |
| Proforma of Allotment letterFile: Allotement Radha Nilaya Phase 2.pdf | 19 Nov 2024 |
| Layout approvalFile: Layout Plan Radha Nilaya Phase 2.pdf | 18 Nov 2024 |
| Building plan approvalFile: Bldg Plan 3.pdf | 18 Nov 2024 |
| Building plan approvalFile: Bldg Plan 4.pdf | 18 Nov 2024 |
| Building plan approvalFile: Bldg Plan 5.pdf | 18 Nov 2024 |
| PAN CardFile: Pan card Kishore Shetty.pdf | 18 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: Non Encumbrance Finance.pdf | 18 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Legal.pdf | 18 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: Layout Plan Radha Nilaya Phase 2.pdf | 18 Nov 2024 |
| Declaration in FORM BFile: Form B K K CREATE.pdf | 18 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Radha Nilaya Phase 2.pdf | 18 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Radha Nilaya Phase 2.pdf | 18 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC KK CREATE.pdf | 18 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Bldg Plan 3.pdf | 18 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Bldg Plan 4.pdf | 18 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Bldg Plan 5.pdf | 18 Nov 2024 |
| Other - LegalFile: Sath Bara K K CREATIVE.pdf | 18 Nov 2024 |
| Other - LegalFile: Conveyance Deed 2.pdf | 18 Nov 2024 |
| Other - LegalFile: Conveyance Deed 1.pdf | 18 Nov 2024 |
| Declaration about Commencement CertificateFile: Commencement Certificate declaration.pdf | 18 Nov 2024 |
| CERSAI detailsFile: Cersai (1).pdf | 18 Nov 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Bank AC dtls by Promoter.pdf | 18 Nov 2024 |
| Deviation Report with respect to Allotment letterFile: Deviation allotement.pdf | 18 Nov 2024 |
| Details of encumbrances concerned to LegalFile: Non Encumbrance Finance.pdf | 18 Nov 2024 |
| Details of encumbrances concerned to LegalFile: Encumbrance Legal.pdf | 18 Nov 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report copy of Agreement.pdf | 18 Nov 2024 |
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Radha Nilaya | Plot 164 Radha Nilaya Chandrapada Rd Naigan Est | 28 | - | Ongoing | Dec 2026 | Dec 2026 |
| Radha NilayaP99000053015 | Vasai, Palghar | 28 | Oct 2023 | Certificate Signed | Dec 2026 | Jul 2025 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
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
Built from this project's filings on the day you order, in plain language.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 47 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- 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
Keep Radha Nilaya Phase 2 on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Naigaon East3,200+ in Palghar
Filed coordinates, straight-line distance. 75 registered projects within 2 km.
Suraksha Smart City - Phase I
Conceptual Advisory Services LLP
The Great Western Mumbai
HOABL Impactum Land Private Limited
Suraksha Smart City - Phase II
Conceptual Advisory Services LLP
Suraksha Smart City - Phase III
Conceptual Advisory Services LLP
Rashmi Star City Phase 2
Rashmi Realty Builders Pvt Ltd
Agarwal Sky Heights
Shreenath Realtors
See every Palghar project, with the district possession charts
Builder: Kishore Anand Shetty
Kishore Anand Shetty has 1 registration on MahaRERA, including Radha Nilaya Phase 2. Its filings disclose 2 earlier MahaRERA projects: declares 2 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 Radha Nilaya Phase 2 is delayed beyond 31 Dec 2030?
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 Radha Nilaya Phase 2?
The registered promoter entity is Kishore Anand Shetty, an individual 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 Radha Nilaya 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 Radha Nilaya 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 Radha Nilaya Phase 2?
The professionals named in the filing: Architect: Himesh Gupta; Architect: Himesh Gupta & Associates; Engineer: Harsh D Chhatbar; Chartered Accountant: Rakesh S Tiwari. 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 Radha Nilaya 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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback