Home / Browse projects / Raigarh, Maharashtra / Regency Palms Phase I
Regency Palms Phase I
By REGENCY INC
RG-MH-04116 · RERA P52000021209 · Last updated on MahaRERA portal: 19 Apr 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 23 months
- 2 extensions 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 Raigarh 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.
Regency Palms Phase I is a Residential / Group Housing project by REGENCY INC in Raigarh, Maharashtra, registered with MahaRERA as P52000021209 on 14 Jun 2019. The registration is recorded completed; possession was promised by 31 May 2025. The completion date has moved by 23 months from the original filing.
At a glance
Project
- NameRegency Palms Phase I
- TypeResidential / Group Housing
- Location
- PLOT NO R/3A
- SECTOR 14 AT NERUL
- NAVI MUMBAI
- Navi Mumbai Panvel Rigardh (CT)
- Panvel
- Raigarh
- 400706
- Pincode400706
- RERA no.P52000021209
- ReraGenie IDRG-MH-04116
Builder
- NameREGENCY INC
- Entity typePartnership
- GSTIN27AALFM9607L1ZN
- GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- PartnersKONARK PROJECTS LTD KONARK PROJECTS LTD, MAHESH SATYANARAYAN KHAIRARI, SURESH RATANLAL JAGIASI, THAKKAR POPATLAL VELJI SALES LIMITED THAKKAR POPATLAL VELJI SALES LIMITED
- Other registrations3 more →
- Completed3 of 4
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on14 Jun 2019
- Promised completion31 May 2025
- Revised completionRevised to 31 May 2025 (originally 1 Jun 2023)
- Buildings1 building record
- Documents filed57 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| TOWER - A | NA | 34 | 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 19 Apr 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.
11 of 11 construction stages are filed complete.
TOWER - A: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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% |
Progress on shared amenities15
As on 19 Apr 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 10% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 80% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 75% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 70% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 70% |
| Electrical meter room, sub-station, receiving station | Yes | 60% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | HITEN SETHI ARCHITECTS |
| Engineer | PANKAJ PASORIA |
| Partner | Role in project |
|---|---|
| REGENCY INC | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe project is under construction & we are putting our full efforts to complete it at earliest. Due to changes in Uniform Development Control Regulations, we have revised the plan and accordingly updated the same on MahaRERA portal with the consent of two third of allottees. However due to this change the no. of floor have increased from 24 to 31 with increase in built up area. Hence we request you to grant us the revised date of completion as 31/05/2024 for our Project - “Regency Palms Phase I” bearing Registration No. P52000021209.
Reason as filed by the promoterThe project is under construction & we are putting our full efforts to complete it at the earliest. The project was registered before pandemic COVID - 19, during which period we faced much difficulties in arranging the material and skilled labour. Further due to change in UDCPR the said project was modified with the consent of allottees in the month of May 2022. However due to the said change in UDCPR the project is now being constructed for total built up area of 22368.91 sq mtrs. as against the old built up area of 11294.07 sq. mtrs. This increase in builtup area results now to house 29 resi
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 8 Jul 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Mar 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 30 May 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Mar 2023Confirm 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 7 Jan 2025
Documents filed57
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 |
|---|---|
| Other - TechnicalFile: REGENCY INC Form 2A.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Phase I.pdf | 20 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Phase I.pdf | 20 Jan 2025 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Signed Phase I.pdf | 7 Jan 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: REGENCY PART OC A WING CERT.pdf | 7 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: REGENCY PALMS PHASE 1 FORM 5 FY 23-24.pdf | 18 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Phase I Form 1.pdf | 14 Dec 2024 |
| Certificates of CA (Form 3)File: CA CERTIFICATE REGENCY PALMS PHASE 1.pdf | 14 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Phase I.pdf | 14 Dec 2024 |
| Declaration in FORM BFile: Affidavit Form B for Phase 1 Extension Notarised.pdf | 1 May 2024 |
| Certificates of CA (Form 3)File: Form 3 Signed - converted.pdf | 1 May 2024 |
| Other - FinanceFile: Sanction Letter - converted.pdf | 1 May 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 PHASE 1.pdf | 25 Apr 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Signed.PDF | 25 Apr 2024 |
| Other - TechnicalFile: Form 2A Signed (2).pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Signed.pdf | 20 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Signed.pdf | 20 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Signed.pdf | 17 Jan 2024 |
| Certificates of CA (Form 3)File: CA CERTIFICATE REGENCY PALMS PHASE 1.pdf | 17 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Regency INC Phase I.pdf | 29 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Signed.pdf | 5 Sep 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Signed Revised Phase 1.pdf | 5 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.PDF | 26 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.PDF | 26 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Letter Phase I.PDF | 26 Apr 2023 |
| Certificates of CA (Form 3)File: Form 3.pdf | 26 Apr 2023 |
| Layout approvalFile: Sanctioned Layout Compressed.pdf | 17 Mar 2023 |
| Copy of Layout Approval (in case of layout)File: Sanctioned Layout Compressed.pdf | 17 Mar 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: NEW AMENDED CC DATED 02-05-2022.pdf | 17 Mar 2023 |
| Proforma of Agreement for saleFile: Agreement for Sale.pdf | 15 Mar 2023 |
| Proforma of Agreement for saleFile: 1 Proforma of Agreement for sale.pdf | 15 Mar 2023 |
| Disclosure of sold/ booked inventoryFile: inc phase 1.PDF | 4 Jan 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: final 19-20.pdf | 9 Dec 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: final 20-21.pdf | 9 Dec 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 2 Certificates of Engineer (Form 2)(Mandatory for only ongoing project).pdf | 9 Dec 2022 |
| Declaration about Commencement CertificateFile: Signed.PDF | 6 Dec 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Signed.PDF | 6 Dec 2022 |
| Disclosure of sold/ booked inventoryFile: Phase 1 Sold Unsold.PDF | 6 Dec 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Phase 1 2019-20.PDF | 6 Dec 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Phase 1 2020-21.PDF | 6 Dec 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Phase 1 2021-22.PDF | 6 Dec 2022 |
| Copy of the legal title reportFile: download.pdf | 8 Jul 2022 |
| Declaration about Commencement CertificateFile: Format - D (Declaration about CC) Tower A.PDF | 16 May 2022 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory declaration Tower A.PDF | 16 May 2022 |
| Declaration in FORM BFile: Regency Inc Phase 1 affidavit (1).pdf | 8 Jun 2019 |
| Certificates of CA (Form 3)File: Regency Plams Phase I CA Certificate with Annexure A.pdf | 8 Jun 2019 |
| Copy of the legal title reportFile: Title Certificate Regency Inc_2 (4).pdf | 6 Jun 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Regency Palms 1st Phase Engineer's Certificate Dated - 01-06-2019.pdf | 6 Jun 2019 |
| Proforma of Allotment letterFile: RERA DRAFT AGREEMENT FOR SALE.pdf | 1 Jun 2019 |
| Building plan approvalFile: Amended Commencement Certificate CC - APF (1).pdf | 30 May 2019 |
| Layout approvalFile: Layout (1).pdf | 30 May 2019 |
| PAN CardFile: REGENCY INC PAN CARD.PDF | 30 May 2019 |
| Details of encumbrancesFile: No Encumbrance Certificate.PDF | 30 May 2019 |
| Copy of Layout Approval (in case of layout)File: Layout (1).pdf | 30 May 2019 |
| Building Plan Approval (IOD)File: Amended Commencement Certificate CC - APF (1).pdf | 30 May 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: Amended Commencement Certificate CC - APF (1).pdf | 30 May 2019 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER PDF.pdf | 30 May 2019 |
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Buyer report
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- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations, which the RERA portal never shows together
- All 57 filed documents as one ZIP, foldered, with a manifest
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Builder: REGENCY INC
REGENCY INC has 4 registrations on MahaRERA, including Regency Palms Phase I and REGENCY PALMS PHASE II. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if Regency Palms Phase I is delayed beyond 31 May 2025?
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 Regency Palms Phase I?
The registered promoter entity is REGENCY INC, a partnership as per the filing. Its GSTIN 27AALFM9607L1ZN can be cross-checked on the MCA and GST portals. 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 Regency Palms 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 Regency Palms 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 Regency Palms Phase I?
The professionals named in the filing: Architect: HITEN SETHI ARCHITECTS; Engineer: PANKAJ PASORIA. 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 Regency Palms 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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