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MH
Raigarh
P52000000475
RERA ID: P52000000475
Project Name: Indiabulls Park 4
Project Type: Residential
Project Status: On-Going Project *
* Projects that were already under development in May 2017, when RERA was implemented.
2028-12-30
Extended Date of Completion
The project missed completion date 2 time(s) earlier (2025-01-30, 2021-08-27).

While Developers may verbally quote early handover dates, please note that RERA authorities would only consider the official completion dates when hearing any complaints.
Project Address:
Panvel, Sawala Apta Road, Kon, Raigarh-410207

Plot Bearing No / CTS no / Survey Number/Final Plot no.:
81/9 , 81/12 , 81/13 , 81/14 , 71/24,71/23A , 71/23B , 71/16 , 71/13 , 71/15

Boundaries:
Indiabulls Park
Indiabulls ParkN Indiabulls Park
WE
S
Indiabulls Park

The location of a project plays a very important role in its market value. The developers should invariably maintain correct location in RERA records. Potential customers should always verify the correctness of the location record.

Project location map below based on coordinates provided by the developers to MahaRERA.
If this points to the wrong location, please notify the developers.



Key Details
Total Project Area: 4156 sq.mt.
Sanctioned Built-up Area: 81694 sq.mt.
Recreational Open Space: 5094 sq.mt.
No. of Buildings sanctioned: 4
No. of Floors sanctioned: 144
No. of Plinths: 4
No. of Podiums: 16
No. of Stilts: 4

Units on Offer and Availability
Category Carpet Area No of Units Units already Booked / Sold
2BHK 732 to 742 sq ft 762 408
3BHK 1070 sq ft 232 198
39.03%
Availability by number of Units
36.71%
Availability by Carpet Area
Project Developer:
Lucina Land Development Limited
Organization Type: Company

Address: 3Rd Floor 264-265, Wework Vaswani Chambers, Dr. Annie Besant Road, Municipal Colony, Shivaji Nagar Worli, Gsouth-400025, Ward Gsouth, Mumbai City-400025

Office Phone: +91 22618 99636


Member details:
Member Name Designation
Shailesh Balwant Binsale Authorized Signatory


Other Professionals involved:
Professional Name Professional Type
Anupam De & Associates Architect
Octave Consultants Architect
Mr Ramesh Rampure Engineer
Agarwal Prakash & Co Chartered Accountant
R V Dalmia & Associates Chartered Accountant
Bagaria & Co LLP Chartered Accountant
Rakhi Ubhare Architect
A K O R D & CO Chartered Accountant


Projects in the state by this developer:
P52000025902 - Indiabulls Park 5 - Raigarh
P52000002658 - Indiabulls Greens - 4 - Raigarh
P52000001592 - Indiabulls Greens - 1 - Raigarh
P52000001590 - Indiabulls Greens - 3 - Raigarh
P52000001160 - Indiabulls Greens - 2 - Raigarh
P52000000835 - Indiabulls Park 2 - Raigarh
P52000000709 - Indiabulls Park 1 - Raigarh
P52000000488 - Indiabulls Park 3 - Raigarh
P52000000475 - Indiabulls Park 4 - Raigarh
Litigations

Litigations related to the project ? Yes
Complaints

Complaint No Complainant Name
CC006000000001437 Vinit Methi
CC006000000044323 Pradeep Menon
CC006000000000511 Ajay Ramani
CC006000000110912 Stanley Patrick Saldanha
CC006000000100546 Robinson Varghese
CC006000000100496 Vinay Kumar Goenka
CC006000000044282 Sanjeev Shukla
CC006000000044282 Sanjeev Shukla
CC006000000044276 Faizaan Khatri
CC006000000192656 Rashmi Kamble
CC006000000044276 Faizaan Khatri
CC006000000044282 Sanjeev Shukla
CC006000000044282 Sanjeev Shukla
CC006000000197228 Amardeep Singh
CC006000000209875 Rohidas Gulab Pashankar
CC006000000209875 Maradhavi Kshirsag
CC006000000251504 Mr.Manpreet Kirpal Singh
CC006000000397506 Paramita Doubek
When this data gets the AI treatment, it churns out conclusions like the one below. But hey, a Real Intelligence like yourself, would go a step further by visiting the project site, meeting the people involved, carefully analyzing all the options, and then making an informed decision. Right? Happy hunting!

Indiabulls Park 4: A Residential Development in Panvel, Maharashtra

Indiabulls Park 4, registered under the Maharashtra Real Estate Regulatory Authority (MahaRERA) with ID P52000000475, is an ongoing residential project located in the bustling locality of Panvel, Raigarh district, Maharashtra. Developed by Lucina Land Development Limited, the project is spread across a total area of 4156 square meters and comprises four buildings with a sanctioned built-up area of 81694 square meters.

The project offers a range of 2BHK and 3BHK apartments, with sizes ranging from 732 to 1070 square feet. The project is designed to provide residents with a comfortable and convenient living experience with modern amenities and a spacious layout. Indiabulls Park 4 is situated in a prime location with easy access to various essential amenities such as schools, hospitals, shopping malls, and transportation facilities.

While the project was initially scheduled for completion in August 2021, the revised completion date is now set for January 2025. It is important to note that the project has been subject to litigation. The detailed information regarding the litigation is not provided in the provided details. However, potential buyers should be aware of this factor and thoroughly research the project’s legal status before making any investment decisions.

Key Highlights of Indiabulls Park 4:

  • Location: Panvel, Raigarh, Maharashtra
  • Developer: Lucina Land Development Limited
  • Project Type: Residential
  • Units on offer: 2BHK and 3BHK apartments
  • Total Plot Area: 4156 sq. meters
  • Total Sanctioned Built-up Area: 81694 sq. meters
  • Number of Buildings: 4
  • Amenities: 4 Plinths, 16 Podiums, 144 Sanctioned Floors, 4 Stilts
  • Open Space: 5094 sq. meters
  • Bank: HDFC Bank Limited

Overall, Indiabulls Park 4 presents an opportunity for homebuyers seeking a well-planned and modern residential development in a strategic location in Panvel. However, given the ongoing litigation and revised completion date, it is crucial to conduct thorough due diligence and consult with a legal expert before making an investment decision.

New documents listed below were uploaded to the Documents section:

  • 30 Certificates of Architect (Form 1)(Mandatory for only ongoing project)
  • 8 a Details of encumbrances concerned to Finance
  • 30 Certificates of Engineer (Form 2)(Mandatory for only ongoing project)
  • 3 Disclosure of sold/ booked inventory
  • 3 b Details of encumbrances concerned to Legal
  • 5 CERSAI details
  • 6 CERSAI details

 

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
2BHK S 68.08 242 116
2BHKM 68.95 260 138
3BHK 99.43 232 198

 

Progress updated under Ameneties section

Name Proposed Booked WorkDone(In %)
Covered Parking ( In Numbers) 1348 606 0

 

There is a change in Project timelines and the completion date is moved ahead. The project is now scheduled to complete by 2028-12-30

 

New complaints added under Complaints section

Complaint No Complainant Name
CC006000000397506 Paramita Doubek

 

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
2BHK M 68.95 260 154
2BHK S 68.08 242 119
2BHKM 68.95 260 141
3BHK 99.43 232 204

 

New documents listed below were uploaded to the Documents section:

  • 1 Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)

 

New documents listed below were uploaded to the Documents section:

  • 1 Declaration about Commencement Certificate
  • 4 Commencement Certificates / NA Order for plotted development
  • 3 Copy of Layout Approval (in case of layout)

 

Progress updated under Buildings section

Bldg No. Tasks / Activity Percentage of Work
3 Stilt Floor 20
3 X number of Slabs of Super Structure 5
3 Overall Percentage of Completion of the work done For the entire Building /Wing 22.5
4 Stilt Floor 20
4 X number of Slabs of Super Structure 5
4 Overall Percentage of Completion of the work done For the entire Building /Wing 22.5

 

New documents listed below were uploaded to the Documents section:

  • 29 Certificates of Engineer (Form 2)(Mandatory for only ongoing project)
  • 7 a Details of encumbrances concerned to Finance
  • 2 b Details of encumbrances concerned to Legal
  • 29 Certificates of Architect (Form 1)(Mandatory for only ongoing project)
  • 2 Disclosure of sold/ booked inventory
  • 3 CERSAI details
  • 4 CERSAI details

 

Progress updated under Buildings section

Bldg No. Tasks / Activity Percentage of Work
1 X number of Podiums 0
1 Stilt Floor 20
1 X number of Slabs of Super Structure 5
1 Overall Percentage of Completion of the work done For the entire Building /Wing 22.5
2 X number of Podiums 0
2 Stilt Floor 20
2 X number of Slabs of Super Structure 5
2 Overall Percentage of Completion of the work done For the entire Building /Wing 22.5
3 X number of Podiums 1
3 X number of Slabs of Super Structure 2
3 Overall Percentage of Completion of the work done For the entire Building /Wing 20.3
4 X number of Podiums 1
4 X number of Slabs of Super Structure 2
4 Overall Percentage of Completion of the work done For the entire Building /Wing 20.3

 

New complaints added under Complaints section

Complaint No Complainant Name
CC006000000251504 Mr.Manpreet Kirpal Singh

 

Units booking and availability updated under Buildings section

Apartment Type Carpet Area (in Sqmts) Number of Apartment Number of Booked Apartment
2BHK S 68.08 242 119
2BHKM 68.95 260 141
3BHK 99.43 232 204

 

New documents listed below were uploaded to the Documents section:

  • 2 Declaration in FORM B

 

Office Number field under Firm Details section updated with new value 2261899636.0

 

New complaints added under Complaints section

Complaint No Complainant Name
CC006000000209875 Maradhavi Kshirsag
CC006000000209875 Rohidas Gulab Pashankar

 

Progress updated under Ameneties section

Name Proposed Booked WorkDone(In %)
Covered Parking ( In Numbers) 1348 662 0

 

New documents listed below were uploaded to the Documents section:

  • 6 a Details of encumbrances concerned to Finance
  • 1 b Details of encumbrances concerned to Legal
  • 28 Certificates of Engineer (Form 2)(Mandatory for only ongoing project)
  • 1 CERSAI details
  • 2 CERSAI details
  • 1 Disclosure of sold/ booked inventory
  • 28 Certificates of Architect (Form 1)(Mandatory for only ongoing project)

 

The RERA designated separate bank account details have been modified. The new details are: Bank Name: HDFC Bank Limted IFSC Code: HDFC0000060

 

Documents listed below were found uploaded on the first day this project was indexed. More documents, whenever uploaded, will be shared as posts on dates of upload.

  • Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)
  • Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)
  • Building Plan Approval (IOD) [2]
  • Certificates of Architect (Form 1)(Mandatory for only ongoing project) [27]
  • Certificates of CA (Form 5) [3]
  • Certificates of Engineer (Form 2)(Mandatory for only ongoing project) [27]
  • Commencement Certificates / NA Order for plotted development [3]
  • Copy of Layout Approval (in case of layout) [2]
  • Copy of the legal title report
  • Declaration in FORM B
  • Details of encumbrances [5]
  • Engineers Certificate on Quality Assurance (Form 2A FY 2020-21) [4]
  • Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)
  • Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)
  • Form 2A [15]
  • Proforma of Allotment letter [2]

 

 

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