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Completed No litigation declared Residential / Group Housing project

AKSHAR DEEP

By Akshar Enterprises

RG-MH-00802 · RERA P51600008239 · Last updated on MahaRERA portal: 23 Jan 2021

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 3 earlier projects delivered on promise

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 4 other registrations and every project registered within 2 km.

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Jun 2020Possession promisedregistration recorded completed
8 of 11Construction stages donefurthest along: Basement (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 20 documents Report an error

AKSHAR DEEP is a Residential / Group Housing project by Akshar Enterprises in Nashik, Maharashtra, registered with MahaRERA as P51600008239 on 18 Aug 2017. The registration is recorded completed; possession was promised by 30 Jun 2020.

At a glance

Project

  • NameAKSHAR DEEP
  • TypeResidential / Group Housing
  • Location
    • Nashik (M Corp.)
    • Nashik
    • 422004
  • Pincode422004
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600008239
  • ReraGenie IDRG-MH-00802

Builder

  • NameAkshar Enterprises
  • Entity typePartnership
  • PartnersKANTILAL JAYANTIBHAI POKAR, CHANDULAL JAYANTIBHAI POKAR, PRAVIN JAYANTIBHAI POKAR, DEVCHAND DHANJI CHAUDHARI, MANISH DEVCHAND CHAUDHARI, KIRTIKUMAR DEVCHAND CHAUDHARI, HARESH DEVCHAND CHAUDHARI
  • Other registrations4 more →
  • Completed3 of 5
  • Declared earlier projects4 →

Key dates

this monthRegisteredAug 2017PromisedJun 2020Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on18 Aug 2017
  • Promised completion30 Jun 2020
  • Revised completionNone
  • Buildings1 building record
  • Documents filed20 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AKSHAR DEEPNA50000

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 23 Jan 2021, 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.

8 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.

AKSHAR DEEP: 73% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
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.100%

Progress on shared amenities15

As on 23 Jan 2021, 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyNoNot applicable
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationNoNot applicable
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot 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.

Land area512 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI898.0
Proposed, not sanctioned898 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchADGAON NAKA, PANCHVATI, NASHIK

Certifying professionals and partners2

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectAR SURESH PATEL
EngineerER SUNIL PATEL
PartnerRole in project
Akshar Enterprises-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 17 Jul 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 17 Jul 2017
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 20 Jul 2017
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 17 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 19 Sep 2019

Documents filed20

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.

DocumentUploaded
Architect’s Certificate on Completion of Project (Form 4)File: architect letter for completion_1.pdf23 Jan 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION AKSHAR DEEP.pdf19 Sep 2019
Status of Formation of Legal Entity (Society/Co Op etc.)File: AKSHAR DEEP DEC.pdf19 Sep 2019
Status of Formation of Legal Entity (Society/Co Op etc.)File: New Doc 2018-08-29.pdf29 Aug 2018
Status of ConveyanceFile: New Doc 2018-08-29.pdf29 Aug 2018
Proforma of Allotment letterFile: DRAFT.pdf31 Jul 2017
Certificates of CA (Form 3)File: CA CERTIFICATE.pdf30 Jul 2017
Proforma of Allotment letterFile: Allotment_Agree_Akshar.pdf30 Jul 2017
Details of encumbrancesFile: encumbrances certificate.pdf28 Jul 2017
Declaration in FORM BFile: DECLARATION AFFIDAVIT.pdf28 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch work Deep.pdf23 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch work Deep.pdf23 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engg certi Deep.pdf23 Jul 2017
Building plan approvalFile: New Doc 2017-07-17.pdf20 Jul 2017
Building Plan Approval (IOD)File: New Doc 2017-07-17.pdf20 Jul 2017
Layout approvalFile: LAYOUT DEEP.pdf17 Jul 2017
PAN CardFile: AKSHAR PAN.pdf17 Jul 2017
Copy of the legal title reportFile: TITLE REPORT DEEP.pdf17 Jul 2017
Copy of Layout Approval (in case of layout)File: LAYOUT DEEP.pdf17 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT DEEP.pdf17 Jul 2017

Promoter's earlier projects3

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.

3 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
AKSHAR DEEPPLOT NO 14 S NO 18 PETH ROAD MAKHMALABAD SHIWAR NASHIK 4220031CompletedJun 2020Nov 2017
AKSHAR PARADISEDINDORI ROAD17CompletedMar 2017Jun 2016
AKSHAR RESIDENCYHIRAWADI40CompletedDec 2014Nov 2013

How this compares with Nashik

10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is completed

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Nashik (M Corp.)4,100+ in Nashik

2 kmAKSHAR DEEPCompleted 38Lapsed / revoked 14Other 40Dot size: filed unitsN

Filed coordinates, straight-line distance. 92 registered projects within 2 km.

Builder: Akshar Enterprises

Akshar Enterprises has 5 registrations on MahaRERA, including AKSHAR DEEP and Akshar Jyot. Its filings disclose 4 earlier MahaRERA projects: declares 4 of 4 past projects completed on time. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if AKSHAR DEEP is delayed beyond 30 Jun 2020?

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 AKSHAR DEEP?

The registered promoter entity is Akshar Enterprises, 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 AKSHAR DEEP?

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 AKSHAR DEEP?

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 AKSHAR DEEP?

The professionals named in the filing: Architect: AR SURESH PATEL; Engineer: ER SUNIL PATEL. 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 AKSHAR DEEP?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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