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Registered Litigation declared Residential / Group Housing project

Stadia

By Persipina Developers Private Limited

RG-MH-56593 · RERA PR1270002502090 · Last updated on MahaRERA portal: 16 Apr 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 1 case
  • Rs 40.90 crore secured on the land, in favour of Beacon Trusteeship Limited

Clear

  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 26 completed earlier projects delivered on promise

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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Dec 2032Possession promisedno revision filed
0 of 11Construction stages donefurthest along: Excavation, 0%
160 of 160Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 13 documents Report an error

Stadia is a Residential / Group Housing project by Persipina Developers Private Limited in Raigarh, Maharashtra, registered with MahaRERA as PR1270002502090 on 16 Jan 2026. Possession is promised by 31 Dec 2032. 0 of the 160 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.

At a glance

Project

  • NameStadia
  • TypeResidential / Group Housing
  • Location
    • Old Mumbai Pune Highway
    • Panshil
    • Khalapur
    • Raigarh
    • 410222
  • Pincode410222
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR1270002502090
  • ReraGenie IDRG-MH-56593

Builder

  • NamePersipina Developers Private Limited
  • Entity typeCompany
  • CINU45200MH2007PTC172099
  • GSTIN27AAECP3315L1ZC
  • Managing DirectorNiranjan Lakhumal Hiranandani
  • DirectorKamal Niranjan Hiranandani
  • Other registrations37 more →
  • Completed19 of 38
  • Declared earlier projects41 →

Key dates

this monthRegisteredJan 2026PromisedDec 2032

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on16 Jan 2026
  • Promised completion31 Dec 2032
  • Revised completionNone
  • Buildings1 building record
  • Documents filed13 files

Current status

0%0 of 160 units booked
0.7%Work done, per cost certificate

Figures as on 16 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
StadiaNA44401600160

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 16 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.

0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.

Stadia: 0% average across the applicable activities

ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 16 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 facilityProposedProgress
Internal Roads & FootpathsNo0%
Water SupplyNo0%
Sewerage (Chamber, Lines, Septic Tank , STP)No0%
Storm Water DrainsNo0%
Landscaping & Tree PlantingNo0%
Street LightingNo0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNo0%
Solid Waste Management And DisposalNo0%
Water conservation /Rain water harvestingNo0%
Energy managemcntNo0%
Fire protection and fire safety requirementsNo0%
Electrical meter room, sub-station, receiving stationNo0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed284

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.

Total parking slots284
Stilt / Ground47
Basement237

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area65,937 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofBeacon Trusteeship Limited
Secured amountRs 40.90 crore
CERSAI search filedYes
Declared on12 Jan 2026

Approvals and building plan

Sanctioning authorityMaharashtra State Road Development Corporation Limited
Permissible FSI23069.41
Proposed, not sanctioned23,069 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 branchICICI Bank Ltd., Galleria Shopping Mall, Hiranandani Gardens, Powai, Mumbai.400076
Estimated costRs 208.62 cr
Cost incurredRs 1.46 cr
Work done0.7%
BuildingWingEstimatedIncurred
StadiaNARs 206.62 crRs 74.75 lakh
-NARs 2.00 crRs 70.97 lakh

Certifying professionals and partners3

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

RoleName
ArchitectGunisha Sanyal
EngineerPrashanth Nandulamattam
Chartered AccountantManoj O. Shah & CO.
PartnerRole in project
Persipina Developers Private Limited-

Litigation declared1

CaseCourtStatus
163/2017Hon'ble Civil Judge (Senior Division) at PanvelOngoing

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 reportNot on the file

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

  2. Layout approvalOn the file

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

    uploaded 22 Dec 2025
  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 22 Dec 2025
  4. Commencement CertificateNot on the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

  5. 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 2032

Documents filed13

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
Withdrawal Update Form 1File: ARC CER STADIA.pdf16 Apr 2026
Withdrawal Update Form 2File: ENG CER STADIA.pdf16 Apr 2026
Withdrawal Update Form 3File: FORM-3 Mar 2026 STADIA.pdf16 Apr 2026
Declaration and undertaking (Annexure A)File: ANNEXURE-A STADIA.pdf8 Jan 2026
Layout approvalFile: Main Sheet.pdf22 Dec 2025
Building plan approvalFile: 1 Stadia - Ground floor level (Full layout).pdf22 Dec 2025
Building plan approvalFile: 2 Stadia - Podium 01 level (Full layout).pdf22 Dec 2025
Building plan approvalFile: 3 Stadia - Basement 01 level (Full layout).pdf22 Dec 2025
Building plan approvalFile: 4 Stadia - Basement 02 level (Full layout).pdf22 Dec 2025
Building plan approvalFile: 5 Stadia - Basement 01 - 02 level (Tower footprints).pdf22 Dec 2025
Building plan approvalFile: 6 Stadia - Ground - P 01 level (Tower footprints).pdf22 Dec 2025
Building plan approvalFile: 7 Stadia - Typical - Refuge level (Tower footprints).pdf22 Dec 2025
Building plan approvalFile: 8 Stadia - Section.pdf22 Dec 2025

Promoter's earlier projects40

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.

26 delivered on promise15 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
PavilionPR1270002501589Village Khalapur, Raigarh160Nov 2025OngoingJun 2032Not due yet
GrandstandPR1270002501603Village Khalapur, Raigarh313Nov 2025OngoingJun 2032Not due yet
AtheleticaPR1270002501610Village Khalapur, Raigarh160Nov 2025OngoingJun 2032Not due yet
GreenfieldP52000080098Panvel, Raigarh320Apr 2025OngoingDec 2031Not due yet
CitadelP52000080155Panvel, Raigarh160May 2025OngoingDec 2031Not due yet
AsterP52000055662Village Bhokarpada, Raigarh144Apr 2024OngoingDec 2031Not due yet
ArcadiaP52000080195Village Khalapur, Raigarh160May 2025OngoingDec 2031Not due yet
MAYFLOWERP52000054617Village Bhokarpada, Raigarh144Feb 2024OngoingDec 2029Not due yet
MARIGOLDP52000054616Village Bhokarpada, Raigarh30Feb 2024OngoingDec 2029Not due yet
LAVENDERP52000054615Village Bhokarpada, Raigarh144Feb 2024OngoingDec 2029Not due yet
EbonyP52000080165Village Bhokarpada, Raigarh178May 2025OngoingDec 2029Not due yet
OrchidP52000050193Village Bhokarpada, Raigarh288Mar 2023OngoingDec 2028Not due yet
IrisP52000050194Village Bhokarpada, Raigarh144Mar 2023OngoingDec 2028Not due yet
EMPRESS HILL A B C and D WingsP51800052633Hiranandani Gardens Powai, Mumbai Suburban359Sep 2023OngoingDec 2028Not due yet
AcaciaP52000050196village Bhokarapada, Raigarh288Mar 2023OngoingDec 2028Not due yet
HIGHLAND A B C D AND E WingP51800029948HIRANANDANI GARDENS, POWAI, Mumbai Suburban-Jul 2021CompletedDec 2026Mar 2025
REGENT HILL A B C D AND E WINGP51800018620HIRANANDANI GARDENS POWAI, Mumbai Suburban-Nov 2018CompletedJun 2025Apr 2022
SorrentoP51800021706HIRANANDANI GARDENS, POWAI, Mumbai Suburban-Jul 2019CompletedDec 2024Jun 2022
Castle Rock C and D WingP51800000405Hiranandani Gardens, Powai., Mumbai Suburban-Jul 2017CompletedDec 2023Jun 2023
ZeusP52000001064Bhokarpada, Raigarh-Jul 2017CompletedApr 2023Sep 2022
VestaP52000001078Bhokarpada, Raigarh-Jul 2017CompletedApr 2023Sep 2022
VENUSP52000001518Bhokarpada, Raigarh-Jul 2017CompletedApr 2023Sep 2022
OrionP52000002990Bhokarpada, Raigarh-Aug 2017CompletedApr 2023Sep 2022
HeraP52000001513Panvel, Raigarh-Jul 2017CompletedApr 2023Sep 2022
ARTEMISP52000001381Panvel, Raigarh-Jul 2017CompletedApr 2023May 2021
SeleneP52000002730Bhokarpada, Raigarh-Aug 2017CompletedMar 2023May 2021
FloraP52000001514Panvel, Raigarh-Jul 2017CompletedMar 2023May 2021
Retail CP52000001411Panvel, Raigarh-Jul 2017CompletedMar 2022May 2021
Retail AP52000000436PANVEL, Raigarh-Jul 2017CompletedDec 2021Jul 2019
HeliosP52000000261PANVEL, Raigarh-Jul 2017CompletedNov 2020Jul 2019
AuroraP52000000256PANVEL, Raigarh-Jul 2017CompletedNov 2020Jul 2019
AuraP52000000263PANVEL, Raigarh-Jul 2017CompletedNov 2020Jul 2019
ArgusP52000000265PANVEL, Raigarh-Jul 2017CompletedNov 2020Jul 2019
MellonaP52000000260PANVEL, Raigarh-Jul 2017CompletedOct 2020Jul 2019
ClioP52000000184PANVEL, Raigarh-Jul 2017CompletedOct 2020Jul 2019
MinervaP52000000284PANVEL, Raigarh-Jul 2017CompletedSep 2020Jul 2019
HermesP52000000267PANVEL, Raigarh-Jul 2017CompletedFeb 2020Jul 2019
AtlasP52000000262Panvel, Raigarh-Jul 2017CompletedFeb 2020Jul 2019
Atlantis C WingP51800000143Hiranandani Gardens , Powai, Mumbai Suburban-Jul 2017CompletedDec 2019Feb 2019
Atlantis A and B WingP51800000154Hiranandani Gardens, Powai, Mumbai Suburban-Jul 2017CompletedDec 2019Mar 2018

How this compares with Raigarh

0%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one has not
26%of Raigarh registrations have lapsed or been cancelledthis one is on the register

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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How alerts work

Other projects near Panshil5,900+ in Raigarh

2 kmStadiaCompleted 3Lapsed / revoked 4Other 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 20 registered projects within 2 km.

Builder: Persipina Developers Private Limited

Persipina Developers Private Limited has 38 registrations on MahaRERA, including Atlas and Aurora. Its filings disclose 41 earlier MahaRERA projects: declares 26 of 26 past projects completed on time. Litigation is declared on 8 of its registrations. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if Stadia is delayed beyond 31 Dec 2032?

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 Stadia?

The registered promoter entity is Persipina Developers Private Limited, a company as per the filing. Its CIN U45200MH2007PTC172099 and GSTIN 27AAECP3315L1ZC 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 Stadia?

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 Stadia?

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 Stadia?

The professionals named in the filing: Architect: Gunisha Sanyal; Engineer: Prashanth Nandulamattam; Chartered Accountant: Manoj O. Shah & CO.. 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 Stadia?

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; how the declared litigation on this registration affects your risk; whether construction progress keeps pace with sales in the coming quarters. 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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