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RISHABRAJ PERCY
RG-MH-45599 · RERA P51800034819 · Last updated on MahaRERA portal: 11 Nov 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 10 months past the filed date
- 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
4 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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RISHABRAJ PERCY is a Others project by H RISHABRAJ REALTY in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800034819 on 28 Apr 2022. Possession was promised by 31 Dec 2025 and is now 10 months past that date. The completion date has moved by 12 months from the original filing. 17 of the 36 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete.
At a glance
Project
- NameRISHABRAJ PERCY
- TypeOthers
- Location
- I C COLONY
- BORIVALI WEST
- Borivali
- Mumbai Suburban
- 400103
- Pincode400103
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800034819
- ReraGenie IDRG-MH-45599
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on28 Apr 2022
- Promised completion31 Dec 2025
- Revised completionRevised to 31 Dec 2025 (originally 31 Dec 2024)
- Buildings1 building record
- Documents filed70 files
Current status
Figures as on 11 Nov 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| RISHABRAJ PERCY | NA | 12 | 12 | 29 | 7 | 36 |
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 Nov 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.
9 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 80%.
RISHABRAJ PERCY: 89% 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 | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 80% |
| 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 11 Nov 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 | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| 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 | 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 | No | Not applicable |
| Open Parking | Yes | 80% |
Parking filed29
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. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| PERCY CHSL | Borivali | Mumbai Suburban |
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 | KRISHNA MAKHELA |
| Engineer | UNISTEPS CONSULTING PVT LTD |
| Chartered Accountant | ZENITH M JAIN & CO |
| Chartered Accountant | LADDHA & LADDHA |
| Partner | Role in project |
|---|---|
| H RISHABRAJ REALTY | - |
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 promoterThe existing building was demolished and the construction work of new building is completed comprising of ground level + Ground Floor + 1st floor for IT Office + Service floor + 2nd to 1 2th (pt.) upper floor + LMR/OHT as per approved amended plans dated 13 .12.2023. However, only the work of parking tower remains incomplete due to the unavailability of parking materials and delay by the vendors in installing in the pallets in the parking tower. Further. we assure that the said work of installation of parking tower has already commenced on the project site and will be completed on or before Oc
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 Apr 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Dec 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 26 Dec 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 19 Feb 2024Confirm 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 25 Mar 2025
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 |
|---|---|
| Form 5 (FY 2024-2025)File: FORM-5 Percy.pdf | 11 Nov 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Percy Mar2025.pdf | 9 Apr 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: RISHABRAJ PERCY OC.pdf | 25 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Percy Form 1.pdf | 7 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Percy.pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Percy Form 2.pdf | 17 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: percy.pdf | 8 Jan 2025 |
| Declaration in FORM BFile: Rera Form B- Percy.pdf | 23 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PercyForm3Sep24.pdf | 12 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: PercyForm1Sep24.pdf | 11 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: PercyForm2A.pdf | 24 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PercyForm2.pdf | 22 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Percy Form 5.pdf | 17 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PercyForm3June24.pdf | 15 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Rishabraj Percy June 2024.pdf | 2 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Percy June 2024.pdf | 2 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rishabraj Percy- Form 1 March 2024.pdf | 1 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Percy Dec 24.pdf | 31 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Percy March 24.pdf | 31 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rishabraj Percy Form 2 March 2024.pdf | 17 Apr 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: PERCY- CC.pdf | 19 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rishabraj Percy Form 1 Dec 2023.pdf | 31 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rishabraj Percy Form 2 Dec 2023.pdf | 11 Jan 2024 |
| Layout approvalFile: PERCY Drawing 1-4.pdf | 26 Dec 2023 |
| Layout approvalFile: PERCY Drawing 5-7.pdf | 26 Dec 2023 |
| Building plan approvalFile: Amended Plan Approval letter_signed.pdf | 26 Dec 2023 |
| Copy of Layout Approval (in case of layout)File: PERCY Drawing 1-4.pdf | 26 Dec 2023 |
| Copy of Layout Approval (in case of layout)File: PERCY Drawing 5-7.pdf | 26 Dec 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Amended Plan Approval letter_signed.pdf | 26 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 PERCY - June 2022.pdf | 27 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 PERCY - Sept 2022.pdf | 27 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 PERCY -Dec 2022.pdf | 27 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 PERCY - March 2023.pdf | 27 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 PERCY - June 2023.pdf | 27 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 PERCY - Sept 2023.pdf | 27 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Percy RERA Sept 2023.pdf | 24 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5_PERCY_SIGNED.pdf | 18 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rishabraj Percy - Form-2 Dec 2022.pdf | 17 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rishabraj Percy - Form-2 March 2023.pdf | 17 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rishabraj Percy - Form-2 June 2023.pdf | 17 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rishabraj Percy - Form-2 Sept 2023.pdf | 17 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Percy 31122022.pdf | 4 Aug 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Percy 31032023.pdf | 4 Aug 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Percy 30062023.pdf | 4 Aug 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM- 2A Rishabraj Percy- YEAR 2022-2023.pdf | 18 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 23 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A.pdf | 8 Apr 2022 |
| Proforma of Allotment letterFile: RERA- Agreement for Sale.pdf | 8 Apr 2022 |
| Layout approvalFile: IOD Drawing - Percy-1.pdf | 7 Apr 2022 |
| Layout approvalFile: IOD Drawing - Percy-2.pdf | 7 Apr 2022 |
| Layout approvalFile: IOD Drawing - Percy-3.pdf | 7 Apr 2022 |
| Layout approvalFile: IOD Drawing - Percy-4.pdf | 7 Apr 2022 |
| Layout approvalFile: IOD Drawing - Percy-5.pdf | 7 Apr 2022 |
| Building plan approvalFile: IOD.pdf | 7 Apr 2022 |
| PAN CardFile: H rishabraj realty pan card.pdf | 7 Apr 2022 |
| Copy of the legal title reportFile: Title Certificate.pdf | 7 Apr 2022 |
| Details of encumbrancesFile: No Encumbrances.pdf | 7 Apr 2022 |
| Copy of Layout Approval (in case of layout)File: IOD Drawing - Percy-1.pdf | 7 Apr 2022 |
| Copy of Layout Approval (in case of layout)File: IOD Drawing - Percy-2.pdf | 7 Apr 2022 |
| Copy of Layout Approval (in case of layout)File: IOD Drawing - Percy-3.pdf | 7 Apr 2022 |
| Copy of Layout Approval (in case of layout)File: IOD Drawing - Percy-4.pdf | 7 Apr 2022 |
| Copy of Layout Approval (in case of layout)File: IOD Drawing - Percy-5.pdf | 7 Apr 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: IOD.pdf | 7 Apr 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 7 Apr 2022 |
| Declaration about Commencement CertificateFile: CC Declaration.pdf | 7 Apr 2022 |
| Declaration in FORM BFile: PERCY FORM B.pdf | 7 Apr 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 7 Apr 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 7 Apr 2022 |
| CERSAI detailsFile: Cersai Report - Percy.pdf | 7 Apr 2022 |
| Proforma of Allotment letterFile: Letter of Allotment .pdf | 7 Apr 2022 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 10 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 70 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- 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
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Builder: H RISHABRAJ REALTY
H RISHABRAJ REALTY has 11 registrations on MahaRERA, including RISHABRAJ SURAJ and RISHABRAJ RAMESHWAR. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What does it mean that RISHABRAJ PERCY shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if RISHABRAJ PERCY is delayed beyond 31 Dec 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 RISHABRAJ PERCY?
The registered promoter entity is H RISHABRAJ REALTY, 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 RISHABRAJ PERCY?
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 RISHABRAJ PERCY?
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 RISHABRAJ PERCY?
The professionals named in the filing: Architect: KRISHNA MAKHELA; Engineer: UNISTEPS CONSULTING PVT LTD; Chartered Accountant: ZENITH M JAIN & CO; Chartered Accountant: LADDHA & LADDHA. 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 RISHABRAJ PERCY?
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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