What is the RERA registration number for ROYAL RESIDENCY?

ROYAL RESIDENCY is registered under RERA with official registration number P50500000348 under MahaRERA Official Portal (maharera.maharashtra.gov.in).

What is the official declared completion date for ROYAL RESIDENCY?

The declared completion target date on record is 2025-11-15. Current construction status: Ready to Move (100% complete).

What is the designated 70% RERA escrow bank account for ROYAL RESIDENCY?

Under Section 4(2)(l)(D) of RERA Act 2016, the designated bank account is ICICI Bank Ltd. (•••• 7984). All buyer payments must be deposited strictly into this ring-fenced official escrow account.

Who is the developer of ROYAL RESIDENCY and what is their track record?

ROYAL RESIDENCY is developed by DESIGN DEVELOPERS PRIVATE LIMITED. Review their completed project history, delivery record, and regulatory compliance on Own Property.

ROYAL RESIDENCY RERA Details, Possession Date & Legal Documents

Builder Office Verification & Market Review Radar

Pending On-Site Audit

Physical corporate office audit and Google Maps place verification for DESIGN DEVELOPERS PRIVATE LIMITED is queued in our weekly verification pipeline. Statutory RERA registration records remain verified.

Certified Cost Audit (Form 3 Filing)

CA Certified (Form 3)

Under Section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act 2016, 70% of all amounts realized for the real estate project from the buyers must be deposited in a separate bank account to cover the cost of construction and the land cost.

Certified Land Cost

₹13.57 Cr

Construction Spend

₹45.87 Cr

Total Project Outlay

₹59.44 Cr

Mandatory Buyer Escrow Protection (RERA Act 2016 § 4(2)(l)(D)):

Before transferring any booking token or executing RTGS/cheque transfers, buyers MUST cross-verify the project bank account details against the builder's physical stamped Form C Registration Certificate. Never transfer funds to any personal, marketing broker, or unverified current account.

Bank: ICICI Bank Ltd.•A/C: ••••7984 (Escrow)•IFSC: ICIC0000391