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MADAN NEMICHAND BAFANA: RERA track record

Individual ยท attribution by exact filing name, entity resolution in progress

MADAN NEMICHAND BAFANA has 8 registrations in this build, including ARIHANT PARK PHASE -3 and ARIHANT PARK PHASE - 4. Its filings disclose 11 earlier MahaRERA projects: 10 of 11 past projects completed on time.

8Registrations in this build
11Past projects disclosed
on timeMedian delivery slip
0Registrations with litigation

Projects in this build

ProjectLocationUnits BookedStatus
ARIHANT PARK PHASE -3Ahmednagar, Maharashtra--Completed
ARIHANT PARK PHASE - 4Ahmednagar, Maharashtra--Completed
ARIHANT PARK PHASE - 5Ahmednagar, Maharashtra--Completed
ARIHANTPARK PHASE-6Ahmednagar, Maharashtra--Completed
ARIHANT PARK PHASE 7Ahmednagar, Maharashtra--Completed
ARIHANT PARK PHASE 8Ahmednagar, Maharashtra--Completed
ARIHANT PARK PHASE 9Ahmednagar, Maharashtra--Completed
Arihant PearlAhmednagar, Maharashtra5070%Registered

Past projects, as disclosed in RERA filings

ProjectPromised completionActual completionDelivery
ARIHANT PARK PHASE - 3
31 Jan 20184 Sep 2017On time
ARIHANTPARK PHASE-3
31 Jan 20184 Sep 2017On time
ARIHANT PARK PHASE 3
31 Jan 20184 Sep 2017On time
Arihant Park Phase 3
31 Mar 20184 Sep 2017On time
Arihant Park Phase 4
30 Sep 201924 Oct 2018On time
ARIHANT PARK PHASE 6
30 Jun 20204 Aug 2020+1 months
Arihant Park Phase 5
30 Sep 202028 Aug 2019On time
Arihant Park Phase 6
30 Dec 20208 Apr 2020On time
Arihant Park Phase 7
30 Jun 20229 Dec 2021On time
Arihant Park Phase 8
30 Dec 20227 Sep 2022On time
Arihant Park Phase 9
15 Aug 202321 Mar 2023On time

Frequently asked questions

How do I verify MADAN NEMICHAND BAFANA as a legal entity before signing?

Your agreement for sale must name the exact entity registered for the project, not a group brand. The registration certificate on each project's MahaRERA page names the exact legal entity; ask for it if the sales office only uses a brand name. Large builders commonly register one company or LLP per project, which is normal; the entity on the registration certificate is the one legally accountable to you.

How should I use this delivery record when booking with MADAN NEMICHAND BAFANA?

Their completed projects have landed on time so far, but apply the same test to the specific project: promised date, current progress, and sales pace. If possession then slips past your agreement date, section 18 entitles you to interest at SBI's highest MCLR plus 2 percent (currently 10.90% per annum) for every month of delay, or an exit with a full refund with interest.

The record above looks clean. What should I still check?

A clean filing history is a good sign, not a guarantee. Filings only show what promoters must disclose: they do not show build quality, the state of approvals still pending, or whether the agreement they offer follows MahaRERA's model clauses. Check the specific project's certificates and agreement deviations, and confirm sales pace is matched by construction pace quarter on quarter.

Data from official MahaRERA filings. Spotted a wrongly attributed project? Report a mismatch.