Home / Browse projects / Palghar, Maharashtra / THE PANCHARATNA
THE PANCHARATNA
By Radhe Builder and Developer
RG-MH-32442 · RERA P99000080337 · Last updated on MahaRERA portal: 15 May 2025
Source: official MahaRERA filing
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Red flags
- 1 complaint at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
1 condition is 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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THE PANCHARATNA is a Others project by Radhe Builder and Developer in Palghar, Maharashtra, registered with MahaRERA as P99000080337 on 22 May 2025. Possession is promised by 31 Dec 2027. 0 of the 145 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameTHE PANCHARATNA
- TypeOthers
- Location
- Nilemore
- Vasai
- Vasai-Virar City (M Corp)
- Palghar
- 401203
- Pincode401203
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000080337
- ReraGenie IDRG-MH-32442
Builder
- NameRadhe Builder and Developer
- Entity typePartnership
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on22 May 2025
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed43 files
Current status
Figures as on 15 May 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| The Pancharatna Wing A and B | NA | 11 | 10 | 62 | 83 | 145 |
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 15 May 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
The Pancharatna Wing A and B: 0% average across the applicable activities
| 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 15 May 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 | 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 | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed172
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 |
|---|---|---|
| The Pancharatna Lodha Co Operative Housing Society | Vasai-Virar City (M Corp) | Palghar |
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 | Megha Kamothi Fernandes |
| Engineer | Pragnesh Oza |
| Chartered Accountant | S Lakdawala & Associates |
| Chartered Accountant | S B JAIN AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| Radhe Builder and Developer | - |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12603752 | Suryakant Naik | Radhe Builder and Developer | 18/06/2026 |
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 7 Feb 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 11 Feb 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Feb 2025Confirm 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 2027
Documents filed43
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 |
|---|---|
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_14-05-2025_compressed.pdf | 15 May 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: bANK dECL.pdf | 6 May 2025 |
| Proforma of Agreement for saleFile: sale_draft_new_rera_format_panchararna[1].pdf | 29 Apr 2025 |
| Other - LegalFile: POA-7_compressed.pdf | 11 Mar 2025 |
| Other - LegalFile: POA-6_compressed.pdf | 11 Mar 2025 |
| Other - LegalFile: POA-5_compressed.pdf | 11 Mar 2025 |
| Other - LegalFile: POA-3_compressed.pdf | 11 Mar 2025 |
| Other - LegalFile: POA-2_compressed.pdf | 11 Mar 2025 |
| Other - LegalFile: POA-1_compressed.pdf | 11 Mar 2025 |
| Other - LegalFile: POA-4_compressed.pdf | 11 Mar 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: format B 17022025.pdf | 17 Feb 2025 |
| Declaration in FORM BFile: 500 affidavit cum declaration form B.pdf | 15 Feb 2025 |
| Building plan approvalFile: Sheet 1 of 4 VP 6967 VVCMC blue print_compressed.pdf | 11 Feb 2025 |
| Building plan approvalFile: Sheet 2 of 4 VP 6967 VVCMC blue print 51 24_compressed.pdf | 11 Feb 2025 |
| Building plan approvalFile: Sheet 3 of 4 VP6967 VVCMC blue print 5124_compressed.pdf | 11 Feb 2025 |
| Building plan approvalFile: Sheet 4 of 4 VP 6967 VVCMC blue print 5124_compressed.pdf | 11 Feb 2025 |
| Proforma of Allotment letterFile: Allotment Letter .pdf | 11 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 1 of 4 VP 6967 VVCMC blue print_compressed.pdf | 11 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 2 of 4 VP 6967 VVCMC blue print 51 24_compressed.pdf | 11 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 3 of 4 VP6967 VVCMC blue print 5124_compressed.pdf | 11 Feb 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 4 of 4 VP 6967 VVCMC blue print 5124_compressed.pdf | 11 Feb 2025 |
| Declaration about Commencement CertificateFile: CC CONFIRMATION.pdf | 11 Feb 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: annexture A Ajay sir declaration.pdf | 11 Feb 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: annexture A HGP declaration.pdf | 11 Feb 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: annexture RAJU sir declaration.pdf | 11 Feb 2025 |
| Layout approvalFile: Sheet 1 of 4 VP 6967 VVCMC blue print_compressed.pdf | 7 Feb 2025 |
| PAN CardFile: PAN Radhe builder developer.pdf | 7 Feb 2025 |
| Copy of the legal title reportFile: Panchratna Title search .pdf | 7 Feb 2025 |
| Details of encumbrances concerned to FinanceFile: Declaration of no encumbarance to be uploaded.pdf | 7 Feb 2025 |
| Copy of Layout Approval (in case of layout)File: Sheet 1 of 4 VP 6967 VVCMC blue print_compressed.pdf | 7 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 7 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Signed Copy ENGEENEER CERTI FORM 2.pdf | 7 Feb 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-Panchratna 2025_compressed.pdf | 7 Feb 2025 |
| Declaration about Commencement CertificateFile: 2 declaration about commencement certificate.pdf | 7 Feb 2025 |
| CERSAI detailsFile: 8 undertaking of NO security Interest.pdf | 7 Feb 2025 |
| Deviation Report with respect to Allotment letterFile: 10 No deviation report of the allotment for sale at the time of registration of a real est | 7 Feb 2025 |
| Details of encumbrances concerned to LegalFile: Declaration of no encumbarance to be uploaded.pdf | 7 Feb 2025 |
| Other - FinanceFile: 1 Declaration of no land cost in form 3 CA certificate.pdf | 7 Feb 2025 |
| Other - FinanceFile: 15 self declaration regarding opening of 3 RERA bank account declaration-cum-undertaking.p | 7 Feb 2025 |
| Other - FinanceFile: 12 Annexture A Declaration-cum-undertaking.pdf | 7 Feb 2025 |
| Other - TechnicalFile: 12 Annexture A Declaration-cum-undertaking.pdf | 7 Feb 2025 |
| Deviation Report with respect to model copy of AgreementFile: 9 No-deviation report of the agreement or sale at the time of registration of a real estat | 7 Feb 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: 4 Disclosure for secured unsecured finance availed for the project.pdf | 7 Feb 2025 |
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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
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- 1 condition on this project's record read and explained, with the clear checks alongside
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- All 43 filed documents as one ZIP, foldered, with a manifest
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See every Palghar project, with the district possession charts
Builder: Radhe Builder and Developer
Radhe Builder and Developer has 1 registration on MahaRERA, including THE PANCHARATNA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if THE PANCHARATNA is delayed beyond 31 Dec 2027?
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 THE PANCHARATNA?
The registered promoter entity is Radhe Builder and Developer, 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 THE PANCHARATNA?
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 do I read the complaint cases filed against THE PANCHARATNA?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for THE PANCHARATNA?
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 THE PANCHARATNA?
The professionals named in the filing: Architect: Megha Kamothi Fernandes; Engineer: Pragnesh Oza; Chartered Accountant: S Lakdawala & Associates; Chartered Accountant: S B JAIN AND ASSOCIATES. 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 THE PANCHARATNA?
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.
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