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Completed No litigation declared Residential / Group Housing project

REGENCY PALMS PHASE II

By REGENCY INC

RG-MH-04118 · RERA P52000021191 · Last updated on MahaRERA portal: 19 Apr 2025

Source: official MahaRERA filing

Red flags

  • Completion date moved by 12 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.

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Jun 2025Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Staircases, 20%
0Complaints at MahaRERAon this registration
Jump to the 46 documents Report an error

REGENCY PALMS PHASE II is a Residential / Group Housing project by REGENCY INC in Raigarh, Maharashtra, registered with MahaRERA as P52000021191 on 14 Jun 2019. The registration is recorded completed; possession was promised by 1 Jun 2025. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameREGENCY PALMS PHASE II
  • 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.P52000021191
  • ReraGenie IDRG-MH-04118

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

this monthRegisteredJun 2019First promiseJun 2024Revised toJun 2025Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on14 Jun 2019
  • Promised completion1 Jun 2025
  • Revised completionRevised to 1 Jun 2025 (originally 1 Jun 2024)
  • Buildings1 building record
  • Documents filed46 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER - BNA340000

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.

10 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 20%.

TOWER - B: 93% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks20%
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 facilityProposedProgress
Internal Roads & FootpathsYes10%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes80%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterYes75%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes70%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes70%
Electrical meter room, sub-station, receiving stationYes60%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

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 area4,852 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI22364.95
Proposed, not sanctioned22,365 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 branchSME VIKHROLI

Certifying professionals and partners2

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

RoleName
ArchitectHITEN SETHI ARCHITECTS
EngineerPANKAJ PASORIA
PartnerRole in project
REGENCY INC-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52000019344Jun 2024 → Jun 2025

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 22364.95 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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 8 Jul 2022
  2. Layout approvalOn the file

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

    uploaded 17 Mar 2023
  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 30 May 2019
  4. 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.
  5. 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 17 Mar 2025

Documents filed46

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
Other - TechnicalFile: REGENCY INC Form 2A.pdf19 Apr 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Tower B OC.pdf17 Mar 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Phase II.pdf20 Jan 2025
Disclosure of sold/ booked inventoryFile: Sold Unsold Phase II.pdf20 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: REGENCY PALMS PHASE 2 FORM 5 FY 23-24.pdf18 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Phase II Form 1.pdf14 Dec 2024
Certificates of CA (Form 3)File: CA CERTIFICATE REGENCY PALMS PHASE 2.pdf14 Dec 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold Phase II.pdf14 Dec 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Signed.PDF25 Apr 2024
Other - TechnicalFile: Form 2A Signed (3).pdf25 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Signed.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold Signed.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold Signed.pdf17 Jan 2024
Certificates of CA (Form 3)File: Regency Palms Phase II 06-12-2023.pdf17 Jan 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Regency INC Phase II.pdf29 Nov 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Signed.pdf5 Sep 2023
Disclosure of sold/ booked inventoryFile: Sold Unsold Signed.pdf5 Sep 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Phase II.pdf26 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Phase II.PDF26 Apr 2023
Disclosure of sold/ booked inventoryFile: Sold Unsold Letter Phase II.PDF26 Apr 2023
Certificates of CA (Form 3)File: Form 3.pdf26 Apr 2023
Certificates of CA (Form 3)File: Form 3.pdf26 Apr 2023
Layout approvalFile: Sanctioned Layout Compressed.pdf17 Mar 2023
Copy of Layout Approval (in case of layout)File: Sanctioned Layout Compressed.pdf17 Mar 2023
Commencement Certificates / NA Order for plotted developmentFile: NEW AMENDED CC DATED 02-05-2022.pdf17 Mar 2023
Proforma of Agreement for saleFile: Agreement for Sale.pdf15 Mar 2023
Proforma of Agreement for saleFile: 1 Proforma of Agreement for sale.pdf15 Mar 2023
Disclosure of sold/ booked inventoryFile: inc phase 2.PDF4 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Phase 2 2019-20.PDF8 Dec 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Phase 2 2020-21.pdf8 Dec 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Phase 2 2021-22.PDF8 Dec 2022
Copy of the legal title reportFile: download.pdf8 Jul 2022
Declaration about Commencement CertificateFile: Format - D (Declaration about CC) Tower B.PDF16 May 2022
Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory declaration Tower B.PDF16 May 2022
Declaration in FORM BFile: Regency Palms Phase 2 affidavit (1).pdf1 Jun 2019
Certificates of CA (Form 3)File: Regency Palms Phase II CA Certificate (1).pdf1 Jun 2019
Proforma of Allotment letterFile: RERA DRAFT AGREEMENT FOR SALE.pdf1 Jun 2019
Building plan approvalFile: Amended Commencement Certificate CC - APF (1).pdf30 May 2019
Layout approvalFile: Layout (1).pdf30 May 2019
PAN CardFile: REGENCY INC PAN CARD.PDF30 May 2019
Copy of the legal title reportFile: Title Certificate Regency Inc (3).pdf30 May 2019
Details of encumbrancesFile: No Encumbrance Certificate.PDF30 May 2019
Copy of Layout Approval (in case of layout)File: Layout (1).pdf30 May 2019
Building Plan Approval (IOD)File: Amended Commencement Certificate CC - APF (1).pdf30 May 2019
Commencement Certificates / NA Order for plotted developmentFile: Amended Commencement Certificate CC - APF (1).pdf30 May 2019
Proforma of Allotment letterFile: ALLOTMENT LETTER PDF.pdf30 May 2019

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one moved by 12 months
26%of Raigarh registrations have lapsed or been cancelledthis one is completed

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad 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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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 II is delayed beyond 1 Jun 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 II?

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 II?

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 II?

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 II?

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 II?

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.

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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