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AAI RESIDENCY
By VAIBHAVI BUILDERS AND DEVELOPERS LLP
RG-MH-30033 · RERA P52400052691 · Last updated on MahaRERA portal: 13 May 2025
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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AAI RESIDENCY is a Others project by VAIBHAVI BUILDERS AND DEVELOPERS LLP in Latur, Maharashtra, registered with MahaRERA as P52400052691 on 22 Sep 2023. The registration is recorded completed; possession was promised by 30 Dec 2026.
At a glance
Project
- NameAAI RESIDENCY
- TypeOthers
- Location
- NEAR AISHWAMEGH HOTEL
- SHREE NAGAR
- BARSHI ROAD
- Latur (M Cl)
- Latur
- 413512
- Pincode413512
- RERA no.P52400052691
- ReraGenie IDRG-MH-30033
Builder
- NameVAIBHAVI BUILDERS AND DEVELOPERS LLP
- Entity typePartnership
- PartnersLAXMIKANT KISAN CHAME, JYOTIRAM MAHADEV HAVAL, BALAJI SHESHERAO INGOLE, SHRIKRISHNA VASANTRAO SALUNKE
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on22 Sep 2023
- Promised completion30 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed47 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AAI RESIDENCY | NA | 8 | 0 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 13 May 2025, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
5 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 85%.
AAI RESIDENCY: 57% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 85% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 40% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 13 May 2025, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed106
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | PRAKASH S MAHAJAN |
| Engineer | PRAKASH S MAHAJAN |
| Chartered Accountant | SUDRASHAN G BHANGDIYA |
| Partner | Role in project |
|---|---|
| VAIBHAVI BUILDERS AND DEVELOPERS LLP | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 17 Jul 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Jul 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 17 Jul 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Jul 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
Documents filed47
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 13 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 13 May 2025 |
| Disclosure of sold/ booked inventoryFile: sold unsold.pdf | 13 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2a.pdf | 13 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 27 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 27 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: Sold inventory.pdf | 27 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 22 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 22 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory.pdf | 22 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 22 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 11 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2 A.pdf | 11 May 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: form 3.pdf | 11 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 1 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 1 May 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold inventory.pdf | 1 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_compressed (9).pdf | 1 May 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 2024 march.pdf | 1 May 2024 |
| Status of ConveyanceFile: index Agrement to SAle Deed Flat No 402 and 505 and shop no 2.pdf | 12 Mar 2024 |
| Other - FinanceFile: null.pdf | 25 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate_compressed (2).pdf | 23 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers certificate.pdf | 23 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory.pdf | 23 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_compressed (7).pdf | 23 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3.pdf | 6 Jan 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: formate A bank account.pdf | 6 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annex A Other RERA.pdf | 24 Jul 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Letter Finance Aai Residency.pdf | 23 Jul 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance Letter Finance Aai Residency.pdf | 23 Jul 2023 |
| Layout approvalFile: lay put plan.pdf | 17 Jul 2023 |
| Building plan approvalFile: AAI PLAN.pdf | 17 Jul 2023 |
| PAN CardFile: PAN VAIBHAVI.pdf | 17 Jul 2023 |
| Copy of the legal title reportFile: AAI RESIDENCY SEARCH.pdf | 17 Jul 2023 |
| Copy of Layout Approval (in case of layout)File: lay put plan.pdf | 17 Jul 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: AAI PLAN.pdf | 17 Jul 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: AAI cc CERTIFICATE.pdf | 17 Jul 2023 |
| Declaration about Commencement CertificateFile: Format D CC Vaibhavi.pdf | 17 Jul 2023 |
| Declaration in FORM BFile: Form B Vaibhavi.pdf | 17 Jul 2023 |
| CERSAI detailsFile: CERSAI aai residency sy no 234-2.pdf | 17 Jul 2023 |
| CERSAI detailsFile: CERSAI aai residency sy no 234-2 (1).pdf | 17 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3CA AAI apartmnet.pdf | 17 Jul 2023 |
| Proforma of Agreement for saleFile: Proforma of Agreement for sale.pdf | 17 Jul 2023 |
| Proforma of Allotment letterFile: Model foem Allotement lletter vaibhavi.pdf | 17 Jul 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A bank details Vaibhavi.pdf | 17 Jul 2023 |
| Deviation Report with respect to Allotment letterFile: DEviation Allotment letter Vaibhavi.pdf | 17 Jul 2023 |
| Deviation Report with respect to model copy of AgreementFile: DEviation Model Agreemnet Vaibhavi.pdf | 17 Jul 2023 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| SHREE APARTMNETS | SHRI NAGAR BARSHI ROAD LATUR | 16 | Completed | Aug 2023 | Aug 2022 |
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How this compares with Latur
Computed across the 150+ Latur projects on ReraGenie, from their own filings.
Buyer report
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- All 47 filed documents as one ZIP, foldered, with a manifest
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See every Latur project, with the district possession charts
Builder: VAIBHAVI BUILDERS AND DEVELOPERS LLP
VAIBHAVI BUILDERS AND DEVELOPERS LLP has 1 registration on MahaRERA, including AAI RESIDENCY. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Latur district page.
Frequently asked questions
What are my rights if AAI RESIDENCY is delayed beyond 30 Dec 2026?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of AAI RESIDENCY?
The registered promoter entity is VAIBHAVI BUILDERS AND DEVELOPERS LLP, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in AAI RESIDENCY?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for AAI RESIDENCY?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at AAI RESIDENCY?
The professionals named in the filing: Architect: PRAKASH S MAHAJAN; Engineer: PRAKASH S MAHAJAN; Chartered Accountant: SUDRASHAN G BHANGDIYA. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in AAI RESIDENCY?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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