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RISHIKA INDUSTRIAL PARK

by Parachute Buildtech · Panipat

Not on our price list yet

Possession 26 May 2030 · as the developer declared it to HARERA

About this project

Key facts

Registered by
PARACHUTE BUILDTECH LLPthe company that filed it, for Parachute Buildtech
Timeline
  1. 27 May 2025Layout plan approveddeclared to HARERA, read 29 Oct 2026
  2. 26 May 2030Possession, as declareddeclared to HARERA, read 29 Oct 2026

Amenities and specifications

How the land is set aside and what comes in each home, as the developer declared them to HARERA.

How the land is set aside20.313 acres in all, by use
  • Plots for sale12.624 acres · 62%
  • Roads6.178 acres · 30%
  • Green belts0.891 acres · 4%
  • Sewage and waste treatment0.619 acres · 3%

The land-use table of the HARERA application, declared to HARERA, read 29 Oct 2026. The share is of the land the table itemises.

Location and connectivity

Where it is and what is near it. Every distance is a straight line, not a travel time.

Bhumiq holds no map point for this project yet.The site address declared to HARERA: VILLAGE SEWAH

The builder

Its 1 project in Bhumiq’s records, by what HARERA’s record shows
  • Registered, no OC or CC yet: 1

Questions buyers ask

Is RISHIKA INDUSTRIAL PARK registered with HARERA?From the records · HARERA, read 4 Nov 2026

HARERA lists it as HRERA-PKL-PNP-767-2025. Valid to 26 May 2030.

The source ↗
What is the possession timeline for RISHIKA INDUSTRIAL PARK?From the records · HARERA, read 4 Nov 2026

When it registered the project, the developer declared that it would hand over homes by 26 May 2030. Its registration runs to 26 May 2030; a developer that needs longer has to ask HARERA for an extension. This is the developer's own date, not a promise from HARERA.

The source ↗
How is the connectivity around RISHIKA INDUSTRIAL PARK?From the records · HARERA, read 4 Nov 2026

RISHIKA INDUSTRIAL PARK is in Panipat; the site address declared to HARERA is Village Sewah. Bhumiq has not measured its distance to the main roads and metro lines yet.

The source ↗
What will I pay on top of the price?General guidance

You pay stamp duty and a registration fee when the sale deed is registered. In Haryana the stamp duty rate depends on where the home is and whose name it is registered in. A home still being built also carries GST; a finished home sold after its completion certificate carries none. Developers may also charge for parking, club membership, preferential location (PLC) and a maintenance deposit. Ask for the full cost sheet in writing before you pay a token.

Work out the stamp duty
Who is building RISHIKA INDUSTRIAL PARK?From the records · HARERA, read 4 Nov 2026

RISHIKA INDUSTRIAL PARK is a Parachute Buildtech project, registered by its company PARACHUTE BUILDTECH LLP.

The source ↗Parachute Buildtech's projects and court record

The records

What the registers hold for RISHIKA INDUSTRIAL PARK: registration, licence, court, land, approvals and files, each with the register it comes from and the day Bhumiq read it.

  • HARERA registration HRERA-PKL-PNP-767-2025: Registered. Valid to 26 May 2030.HARERA, read 4 Nov 2026 · See it on HARERA ↗
  • Land licence 80 OF 2025 is on the DTCP register, valid to 26 May 2030.DTCP, read 3 Nov 2026
  • Plans approved, as the developer declared: layout plan 27 May 2025.Declared to HARERA, read 29 Oct 2026
The court record of Parachute Buildtech’s companies is on the developer’s page →

Not checked yet: the land owner records (jamabandi) and complaints at HARERA.

Homes sold and leftFrom the developer's quarterly reports to HARERA
Registration, licence, land and approvals in fullFrom the registers, with 5 HARERA files, with the dates we read them
Registration no.
HRERA-PKL-PNP-767-2025
Registration valid till
26 May 2030
Declared possession
26 May 2030

Declared by the promoter to HARERA

Land area
20.3125 (Acre) (82,201.77 sq m)
FAR
1 proposed of 1 permissible
licence
License No. 80 of 2025 dated 27.05.2025 (Valid upto 26.05.2030)
Estimated project cost
₹43.03 crore
Cost of land
₹19.47 crore
Layout plan, declared approved (field 5a)
27 May 2025
Construction to start
15 Aug 2025
Completion declared for
26 May 2030
Statutory approvals, as declared · 2

Statutory approvals, as declared

  • I. LICENSE NO. 30 OF 2025 — declared: already been obtained (27 May 2025)
  • II. DEMARCATION-CUM-ZONING PLAN — declared: already been obtained (30 Jul 2025)
On file with HARERA · 5 files

On file with HARERA (5)

Plans

Site plan

1 file
Approved Site Plan11 Aug 2025

Layout plan

1 file
Latest Layout Plan11 Aug 2025

Approvals and clearances

DTCP licence

1 file
Licence Copy with Land Schedule11 Aug 2025

Money

Accounts and finance

1 file
Non-Default Certificate from a CA11 Aug 2025

The promoter’s papers

Declarations and affidavits

1 file
The Promoter’s Declaration on Affidavit11 Aug 2025

These are the copies HARERA holds. An approval belongs to the department that issued it, not to HARERA.

The 2 DTCP licences named on the application

80 OF 2025 · Parachute Buildtech LLP · Panipat

Licence valid to 26 May 2030

From the Town & Country Planning department’s licence register, read 3 Nov 2026.

30 OF 2025 · Omaxe Forest SPA Hills Developers Ltd. · PALWAL

Licence valid to 20 Mar 2030

From the Town & Country Planning department’s licence register, read 3 Nov 2026.

A licence is permission to develop the colony; the HARERA registration above is permission to sell, and the two lapse separately.

declared in the registration application (Form REP-I), Panchkula bench · submitted 11 Aug 2025 · read 29 Oct 2026 · not verified by Bhumiq

source: https://haryanarera.gov.in/admincontrol/registered_projects/1 · fetched 4 Nov 2026

Land under the 2 licences

The land the licence was granted over, as the Town & Country Planning department’s land schedule lists it. It does not say who owns the land now.

80 OF 2025: 25 parcels, 20.3125 acres in all, in Sewah (hadbast 32), tehsil Panipat.

The licence register prints the same licensed area, 20.3125 acres.

  • 157//198 kanal
  • 157//208 kanal
  • 157//228 kanal
  • 157//218 kanal
Show the other 21 parcels
  • 156//138 kanal
  • 156//148 kanal
  • 156//158 kanal
  • 156//7/2/13 kanal 12 marla
  • 157//11/14 kanal
  • 156//10/1/22 kanal 19 marla
  • 156//12/14 kanal
  • 156//12/24 kanal
  • 156//7/2/24 kanal
  • 156//88 kanal
  • 156//9/17 kanal 19 marla
  • 157//11/24 kanal
  • 157//128 kanal
  • 157//138 kanal
  • 156//168 kanal
  • 156//178 kanal
  • 156//188 kanal
  • 156//198 kanal
  • 156//247 kanal 15 marla
  • 156//258 kanal
  • 156//245 marla

The schedule also names who owned each parcel when the licence was granted. Bhumiq does not show those names.

From DTCP’s land schedule for this licence, read 18 Oct 2026. verify at source

30 OF 2025: 22 parcels, 9.191 acres in all, in Palwal (hadbast 73), tehsil Palwal.

The licence register prints the same licensed area, 9.191 acres.

  • 309//1/4 min4 marla 7 sarsai
  • 309//10/1 min5 kanal 1 marla
  • 309//11/1 min1 kanal 9 marla
  • 310//15/13 kanal 15 marla
Show the other 18 parcels
  • 310//15/23 kanal 15 marla
  • 310//16/1/13 kanal
  • 310//16/1/23 kanal
  • 310//16/22 kanal
  • 310//25/12 kanal
  • 310//25/26 kanal
  • 310//48 kanal
  • 310//6/2 min1 kanal 16 marla
  • 310//7 min6 kanal 8 marla
  • 322//13/16 kanal 16 marla
  • 322//13/212 marla
  • 322//18/2 min1 kanal 7 marla 7 sarsai
  • 322//47 kanal 13 marla
  • 322//5/12 kanal
  • 322//7/22 kanal 13 marla
  • 322//7/32 kanal 13 marla
  • 322//8/11 kanal 7 marla
  • 322//8/22 kanal

The schedule also names who owned each parcel when the licence was granted. Bhumiq does not show those names.

From DTCP’s land schedule for this licence, read 18 Oct 2026. verify at source

Who owns this land today, or is it mortgaged?

The Bhumiq team checks it with you.

Check it yourself on jamabandi.nic.in
  1. Open jamabandi.nic.in, Haryana’s land records site, and choose Nakal.
  2. Pick district as on the licence, then the tehsil and the village you want: Sewah (hadbast 32, tehsil Panipat) or Palwal (hadbast 73, tehsil Palwal). The site lists villages in Hindi, so the hadbast number is the surer match.
  3. Pick the latest year, then a from the list here, such as 157//19.
  4. Type the CAPTCHA the site shows. The copy it opens names the owners as the revenue department last recorded them.

Bhumiq does not open it for you. The site asks a person to type its CAPTCHA, and the record belongs to the revenue department.

Layouts & payment plan

Uploaded by the promoter to HARERA. These are the copies the regulator holds; an approval belongs to the department that issued it.

Site plan

1 file
Approved Site Plan11 Aug 2025

Layout plan

1 file
Latest Layout Plan11 Aug 2025

Among the uploads Bhumiq read from HARERA's page on 29 Oct 2026 (5 in all), none is a building plan, a floor plan or a payment plan.

source: https://haryanarera.gov.in/view_project/project_preview_open/3643 · read 29 Oct 2026

Talk to the Bhumiq team about payment plans

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Run due diligence on Parachute Buildtech

Its court cases, its DTCP licences and the source of each fact, free once you sign in.

Open the developer profile

As of the fetch date shown, HARERA Panchkula records showed the facts above. Statuses change. Verify at the portal for transactions.

Ask Bhumiq about this developer, project or sector.

Plain-language answers on HARERA filings, DTCP licences, occupation certificates and court records, with their government sources and the dates they were read.