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Atheletica

MahaRERA PR1270002501610High risk

by Persipina Developers Private Limited

Village Khalapur, 410222

Official record
Jun 2032
Possession
โ€”
Built
0
Complaints
160
Units
High risk
  • Litigation pending (1). MahaRERA's litigation disclosure lists 1 pending case against this project.
  • Mortgaged to a lender (โ‚น63 Cr). MahaRERA's financial encumbrance declaration shows this project has โ‚น63 Cr secured against a lender โ€” a lender's claim can outrank a buyer's if the promoter defaults.

Official RERA facts

Registration
PR1270002501610
Status
New
Stage
Certificate Signed
Possession
June 2032
Construction
โ€”
Units sold
73 of 160

RERA complaint record0 records

No complaints disclosed on MahaRERA (checked 24 Jul 2026).

Litigation record1 case

  • Hon'ble Civil Judge (Senior Division) at PanvelCase 163/2017
    The Plaintiff and Defendants No. 2 to 30 are siblings who jointly sold the suit property to Defendant No. 1, Persipina Developers Pvt. Ltd., by executing a Sale Deed duly registered before the Sub-Registrar of Assurances, Panvel. Despite being a consenting and signatory party to the said registered Sale Deed, the Plaintiff has instituted the present Special Civil Suit alleging that she did not receive his/her 1/6th share in the sale consideration. It is pertinent to note that there is no adverse order or injunction operating in the said matter.
    Status: Ongoing
Mortgaged to a lender

MahaRERA's financial encumbrance declaration shows this project has โ‚น63 Cr secured against a lender. If the promoter defaults, the lender's claim can outrank a buyer's โ€” worth raising with the builder before booking.

Building & registration

RERA registered
Nov 2025
Floors
44
Unit mix
160 res ยท 0 comm
Plot / CTS / survey no.
RZ-05, Gut No. 41/1 Village Talegaon & Gut No. 6/1 Village Panshil, Taluka Khalapur, District Raigad.
Planning authority
Maharashtra State Road Development Corporation Limited (MSRDC)
Approved layout land
65,937.48 sq.m
Land for this registration
633 sq.m
Recreational open space
0 sq.m
Permissible built-up area
23,934.91 sq.m
Registered office
Olympia Tower
Plot boundaries
North
Future Development
South
Future Development
East
Internal Driveway
West
Internal Driveway
Parking
245 four-wheeler30 two-wheeler16 visitor

Project bank account

The RERA-designated account this project's payments should go to โ€” verify before wiring any money.

  • ICICI BANK LIMITED โ€” 62048
    IFSC ICIC0000020
    ICICI Bank Ltd., Galleria Shopping Mall, Hiranandani Gardens, Powai, Mumbai.400076

Commencement Certificate documents

  • THE ARENA - COMMENCEMENT CERTIFICATE.pdf

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Data sourced from the official MahaRERA portal; complaints last synced 24 Jul 2026. PropPin surfaces public disclosures verbatim and is not affiliated with MahaRERA.