Home / Browse projects / Raigarh, Maharashtra / AAKRUTI BUILDING NO. 4 AND 5
AAKRUTI BUILDING NO. 4 AND 5
By AAKRUTI BUILDERS & DEVELOPERS
RG-MH-71755 · RERA P52000005056 · Last updated on MahaRERA portal: 30 Aug 2023
Source: official MahaRERA filing
Red flags
- Completion date moved by 21 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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AAKRUTI BUILDING NO. 4 AND 5 is a Commercial project by AAKRUTI BUILDERS & DEVELOPERS in Raigarh, Maharashtra, registered with MahaRERA as P52000005056 on 9 Aug 2017. The registration is recorded completed; possession was promised by 31 Mar 2023. The completion date has moved by 21 months from the original filing.
At a glance
Project
- NameAAKRUTI BUILDING NO. 4 AND 5
- TypeCommercial
- Location
- Pen (M Cl)
- Pen
- Raigarh
- 402107
- Pincode402107
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52000005056
- ReraGenie IDRG-MH-71755
Builder
- NameAAKRUTI BUILDERS & DEVELOPERS
- Entity typePartnership
- PartnersMUKESH DAHYALAL SANGHVI, DILIP SHAMBHUBHAI BAJARIA, RAJENDRA GHUSALAL PATEL
- Other registrations1 more →
- Completed2 of 2
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on9 Aug 2017
- Promised completion31 Mar 2023
- Revised completionRevised to 31 Mar 2023 (originally 30 Jun 2021)
- Buildings1 building record
- Documents filed28 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING 4 AND 5 | NA | 3 | 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 30 Aug 2023, 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.
4 of 11 construction stages are filed complete. The stage furthest along is External plumbing and external plaster, at 90%.
BUILDING 4 AND 5: 63% 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 | 70% |
| Sanitary Fittings within the flats / premises | 50% |
| 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. | 90% |
| 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 30 Aug 2023, 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 50% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | PRASAD DANI & ASSOCIATES |
| Partner | Role in project |
|---|---|
| AAKRUTI BUILDERS & DEVELOPERS | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterI/We the Promoters of the Project name Aakruti Building No. 4 and 5 registered under project registration no P52000005056. We are thankful to the MahaRERA Authority for giving a six months extension because of Covid 19 to our project which was valid till 30th June 2021. This is bring to your notice that without the Extension Number we are unable to sell those apartments. Hence we are making this application for Project Extension. We request you to give extension for our project for one year that is till 30th June 2022.
Reason as filed by the promoterDear Sir, This is to bring to your notice that our project possession date was 30/12/2022, but we have received our occupation certificate on 31st March 2023. Hence now we have applied for Post facto extension, hence request you to please grant us post facto extension.
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 29 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 31 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 29 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 29 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 13 Apr 2023
Documents filed28
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Architect.pdf | 30 Aug 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Adobe Scan 12 Apr 2023.pdf | 13 Apr 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Adobe Scan 12 Apr 2023.pdf | 13 Apr 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Adobe Scan 12 Apr 2023.pdf | 13 Apr 2023 |
| OtherFile: deed of cancellation.pdf | 14 Aug 2021 |
| Declaration about Commencement CertificateFile: cc.pdf | 15 Jul 2021 |
| Disclosure of sold/ booked inventoryFile: disclousre.pdf | 15 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: seventeen eighteen.pdf | 15 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Eight ninetten.pdf | 15 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: NINE TWENTY.pdf | 15 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form vis ekvees.pdf | 15 Jul 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: BLDG 4-5.pdf | 7 Jul 2018 |
| Layout approvalFile: LAYOUT FINAL.pdf | 31 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: LAYOUT FINAL.pdf | 31 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PA 45.pdf | 31 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: MS45.pdf | 31 Jul 2017 |
| Certificates of CA (Form 3)File: CERTIFICATE 4N5_1.pdf | 31 Jul 2017 |
| Certificates of CA (Form 3)File: CERTIFICATE 4N5_2.pdf | 31 Jul 2017 |
| Proforma of Allotment letterFile: AGREEMENT-AAKRUTI-UNDER RERA ACT-28-07-2017-FINAL AGREEMENT-IN MARATHI LANGUAGE.pdf | 31 Jul 2017 |
| Building plan approvalFile: BUILDING 4 AND 5 FINAL.pdf | 29 Jul 2017 |
| PAN CardFile: COMPANY PAN FINAL.pdf | 29 Jul 2017 |
| Copy of the legal title reportFile: TITLE FINAL.PDF | 29 Jul 2017 |
| Details of encumbrancesFile: ENCUMBRANCES FINAL.PDF | 29 Jul 2017 |
| Building Plan Approval (IOD)File: BUILDING 4 AND 5 FINAL.pdf | 29 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: CC FINAL.pdf | 29 Jul 2017 |
| Declaration in FORM BFile: form B.pdf | 29 Jul 2017 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER-APMC-PEN-BLANK-28-07-2017.pdf | 29 Jul 2017 |
| OtherFile: architect appointment rera.pdf | 29 Jul 2017 |
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 28 filed documents as one ZIP, foldered, with a manifest
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Builder: AAKRUTI BUILDERS & DEVELOPERS
AAKRUTI BUILDERS & DEVELOPERS has 2 registrations on MahaRERA, including AAKRUTI BUILDING NO.2 and AAKRUTI BUILDING NO. 4 AND 5. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if AAKRUTI BUILDING NO. 4 AND 5 is delayed beyond 31 Mar 2023?
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 AAKRUTI BUILDING NO. 4 AND 5?
The registered promoter entity is AAKRUTI BUILDERS & DEVELOPERS, 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 AAKRUTI BUILDING NO. 4 AND 5?
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 AAKRUTI BUILDING NO. 4 AND 5?
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 AAKRUTI BUILDING NO. 4 AND 5?
The professionals named in the filing: Architect: PRASAD DANI & ASSOCIATES. 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 AAKRUTI BUILDING NO. 4 AND 5?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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