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RISHI BUILDERS AND DEVELOPERS: RERA track record

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

RISHI BUILDERS AND DEVELOPERS has 6 registrations in this build, including LAXMI VANDAN APARTMENT and LAXMIS CHAKARADHAR CHHAYA. Its filings disclose 3 earlier MahaRERA projects: 1 of 2 past projects completed on time.

6Registrations in this build
3Past projects disclosed
on timeMedian delivery slip
0Registrations with litigation

Projects in this build

ProjectLocationUnits BookedStatus
LAXMI VANDAN APARTMENTNashik, Maharashtra--Completed
LAXMIS CHAKARADHAR CHHAYANashik, Maharashtra--Completed
LAXMI PARKNashik, Maharashtra--Completed
ASHAPURI NANDANNashik, Maharashtra2095%Completed
LAXMIS COURTYARDNashik, Maharashtra710%Registration lapsed
ASHAPURI IMPERIALNashik, Maharashtra--Completed

Past projects, as disclosed in RERA filings

ProjectPromised completionActual completionDelivery
RISHIKESH GLORY
1 May 20135 Apr 2013On time
AKSHARDHAM
31 Mar 201430 Apr 2014+1 months
LAXMIS COURTYARD
p51600034387		31 Dec 2025Not completed yetOngoing

Frequently asked questions

How do I verify RISHI BUILDERS AND DEVELOPERS 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 RISHI BUILDERS AND DEVELOPERS?

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.