Project reviews · Kharghar
Platinum Parksyde, Kharghar: what to check before you sell your flat
Written by Raj Rawthar
Last updated 6 Nov 2026 · 8 min read
In short
- One tower of 22 floors in Sector 30, Kharghar: 2 BHK from ₹1.19 Cr (806 sq ft carpet) and 3 BHK from ₹1.82 Cr (1,019 sq ft), MahaRERA P52000046110. Sold as Platinum Group; MahaRERA lists the promoter as Palacio Ventures.
- MahaRERA's completion date is 31 December 2027, read on its own site on 6 November 2026. Your agreement for sale sets the keys date.
- A listing calls the building complete, but only the occupancy certificate (OC) lets you legally move in. Check MahaRERA for an OC and the latest progress report.
- On the 3 BHK you need about ₹65.8 lakh of your own before the loan. If you pay everything after the OC, ask whether the 5% GST (about ₹9.1 lakh) applies at all.
- Moving up from a smaller flat? Don't put it up for sale until you've seen the OC.
In this post
- Platinum Parksyde in one look: one tower, two sizes, MahaRERA completion date December 2027
- What MahaRERA’s date means for you under RERA
- A listing says complete: what MahaRERA’s page can show, and what each answer means
- What the 3 BHK costs, and when GST may not apply
- Selling your old flat: wait for the OC, not a listing’s “complete”
A listing calls the building complete. MahaRERA (the state’s register of approved projects) gives it until the end of next year. Which do you plan around when you sell your old flat?
Picture a couple in their early forties with a 2 BHK in Kharghar. Their two children share one small room. They’re an illustration, not real clients.
Platinum Parksyde’s 3 BHK fits their budget. But a finished look isn’t the same as a legal move-in. Could they move in sooner, or should they plan for the full wait?
The short answer: plan around MahaRERA’s date, not a listing’s “complete”. Before you book, or list your old flat, open its MahaRERA page. Look for the OC (occupancy certificate, the paper that says it’s safe to live in) and the latest progress report.
An OC means it can legally be lived in. A report showing most work done means the OC may come early. Until you see either, keep your old flat.
Platinum Parksyde in one look: one tower, two sizes, MahaRERA completion date December 2027
It’s one tower of 2 BHK and 3 BHK homes, with a MahaRERA completion date of December 2027. It stands on Plot 62C, Sector 30, Kharghar, with 22 floors and 102 homes. It’s sold as Platinum Group, and MahaRERA lists the promoter (the company registered as developer) as Palacio Ventures.
We read MahaRERA’s own site on 6 November 2026. It shows the project registered, with a completion date of 31 December 2027.
Our earlier record showed possession (the month you’re promised the keys) in December 2025. MahaRERA shows December 2027, and we go with MahaRERA.
From today, the new date is about 13 months away. Plan your money for that long, unless the OC comes sooner.
What MahaRERA’s date means for you under RERA
A different date on the register doesn’t change the date in your agreement, and that’s the one that protects you.
RERA (the law that set up MahaRERA) lets MahaRERA extend a registration when the developer applies. That changes the date on the register.
Your agreement for sale (the contract with the developer) carries its own possession date. That date is the one that protects you. So read it before you sign, and ask for a month you can plan around.
A listing says complete: what MahaRERA’s page can show, and what each answer means
Housiey calls the building complete, but only the OC lets your family legally move in. MahaRERA’s page tells you how close that is.
Open MahaRERA’s project search for this number. Our guide on checking a MahaRERA registration yourself shows each screen.
| What you find | What it means | What you do |
|---|---|---|
| An OC for this tower | It can legally be lived in, before the deadline. | Ask how soon the keys follow and when the balance falls due. Ask for the payment schedule and see when the last instalments fall. |
| A progress report with most work done | The OC may come before the deadline. | Have your loan and cash ready early. |
| Work still under way | Plan for the full wait. | Budget for rent, or two loans, until then. |
| A newer completion date | The date on the register has changed. | Plan around the new month. Keep your old flat until then. |
Once the OC is out, the law expects you to take possession within two months. So line up your move before it arrives.
What the 3 BHK costs, and when GST may not apply
The 3 BHK needs about ₹65.8 lakh of your own before the loan. GST may not apply only if every rupee is paid after the OC.
Its carpet area (the floor inside your walls) is 1,019 sq ft. Put that beside your 2 BHK today: is it clearly bigger?
The all-in cost is the price plus taxes and fees. GST is the tax on a flat still being built. Stamp duty (the state’s tax to put it in your name) and registration (the fee to record the sale) come on top.
| What you’d pay | 2 BHK | 3 BHK |
|---|---|---|
| Carpet area | 806 sq ft | 1,019 sq ft |
| Price, from | ₹1.19 Cr | ₹1.82 Cr |
| All-in, about | ₹1.32 Cr | ₹2.02 Cr |
| Your cash before the loan | ₹43.1 lakh | ₹65.8 lakh |
| Loan payment (EMI) a month | ₹77,453 | ₹1,18,458 |
Some listings quote higher prices. Ours is the lowest price on our record for each size. Ask which floor and unit it applies to.
Why only three quarters? Above ₹75 lakh, banks lend at most 75%, and you pay the rest. Ask your bank early if it has approved this project.
GST on a flat still being built is 5% here, about ₹9.1 lakh on the 3 BHK. But the law doesn’t tax a flat whose entire price is paid after the completion certificate, or after first occupation. For a flat in Maharashtra, that certificate is usually the OC.
The booking amount (the first payment that holds a flat), or any instalment paid before the OC, can bring the tax back. Ask a tax adviser before you pay anything.
Selling your old flat: wait for the OC, not a listing’s “complete”
Keep your old flat until you’ve seen the OC, because timing is the real risk. Sell too early and you rent; buy too early and you pay for two homes.
Say our family sells the 2 BHK this winter, trusting the listing. If the OC comes near the deadline, they rent for about a year and move twice. The children change homes mid-year.
Now say they keep the old flat and book first. Until the keys come, they may pay pre-EMI (interest only, on what the bank has paid out). That sits on top of any loan on the old flat.
Which squeeze could your family carry until the keys come?
The simple rule: don’t put your old flat up for sale until you’ve seen this tower’s OC. Plan your money around MahaRERA’s date, not a listing’s.
Who is the builder? Platinum Group’s other Kharghar tower on our site is Platinum The Reserve, with keys due December 2030. That shows it’s active here, not how it hands over.
Ask which finished buildings you can visit. Check that the promoter’s name on MahaRERA is the one on your agreement. Look for complaints there too.
Living in Sector 30: the metro on foot, water to ask about
The metro is a walk away, but water is worth asking about. These are Google’s estimates from 2 October 2026, shown on our project page:
- Metro: Pethpada station, about a 12-minute walk.
- Office run: Belapur (the business district), about 19 minutes by road at 9 am. Try your own route once on a weekday.
- The children’s evenings: Central Park, about four minutes by road.
In August 2026, Kharghar residents protested a water shortage. Ask the society next door how often the taps run dry. Ask, too, whether the approach roads flood in July.
Who should consider it, and who should skip it
It suits a family that can keep its old flat until the OC is in hand.
Consider it if
- You want to stay in Kharghar and step up to a 3 BHK
- You can keep your old flat until the OC is in hand
- A small society of about a hundred homes suits you
Skip it if
- Your sale has to close before the OC is out
- You must move before the next school year, and no OC is on file
- You want a big township with lots of open ground
- First home, renting now: it suits you if you can keep paying rent until the OC. Get the keys date in writing.
- Buying to let: it suits you once the OC is in hand, because the building can’t legally be lived in before it.
Same keys month, different trade: GeeCee Emerald (our review) also shows December 2027. It starts at ₹1.7 Cr. Or see every checked home in Kharghar.
Start with what your current flat is worth. Use the form on our Platinum Parksyde page, and Raj, our Kharghar advisor, will value it.
He’ll also send the price sheet and payment schedule. Let’s read the MahaRERA page together before you sign anything.
Questions buyers ask
Is Platinum Parksyde ready to move in?
Not until its OC is out. A listing calls it complete, but we haven’t seen an OC. Check MahaRERA for one before you plan a move.
What is Platinum Parksyde’s possession date?
MahaRERA shows a completion date of 31 December 2027, read on 6 November 2026. Your agreement for sale sets the keys date, so read both. Check the register again the day you book.
How much cash do I need for the 3 BHK?
About ₹65.8 lakh before the loan, if the bank lends three quarters of the price. That covers your share, GST, stamp duty and registration.
Can I claim interest if the keys come after the date?
The law gives buyers that right, counted from the date in the agreement for sale. Talk to a lawyer about your own agreement before you sign.
How we checked: price and MahaRERA number are from our project record. The completion date and promoter are from MahaRERA’s own site, read on 6 November 2026. Other figures are from our project page, and the 3 BHK sums are ours.
Lower starting prices in Kharghar
Ask Raj about Platinum Parksyde
The all-in price sheet and the exact flat's floor plan, on WhatsApp.
What we can't tell you, sources and corrections
This isn't legal or financial advice. Prices are the developer's base price on the date shown, and they change: plan with the all-in price sheet. Commission never changes what we recommend.
Sources
- . 10projects.ai, checked 6 Nov 2026.
- . 10projects.ai, checked 6 Nov 2026.
- . www.aaptaxlaw.com, checked 6 Nov 2026.
- . housiey.com, checked 6 Nov 2026.
- . www.maharera.maharashtra.gov.in, checked 6 Nov 2026.
- . therealtytoday.com, checked 6 Nov 2026.
- . courtbook.in, checked 6 Nov 2026.
- . ksandk.com, checked 6 Nov 2026.
- . homefirstindia.com, checked 6 Nov 2026.
- . taxheal.com, checked 6 Nov 2026.
- . freepressjournal.in, checked 5 Aug 2026.
- . www.businesstoday.in, checked 18 Oct 2026.
- . homefirstindia.com, checked 16 Jun 2026.
- . www.advocatekhoj.com, checked 6 Nov 2026.
- . www.kotak.bank.in, checked 13 Apr 2026.
Corrections
None yet. Spotted something wrong? Tell your advisor and we will fix it and note it here.

