Home / Browse projects / Nashik, Maharashtra / AKSHAR PLAZA
AKSHAR PLAZA
RG-MH-97719 · RERA P51600022898 · Last updated on MahaRERA portal: 6 Apr 2023
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.
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AKSHAR PLAZA is a Residential / Group Housing project by Akshar Enterprises in Nashik, Maharashtra, registered with MahaRERA as P51600022898 on 1 Nov 2019. The registration is recorded completed; possession was promised by 30 Mar 2023.
At a glance
Project
- NameAKSHAR PLAZA
- TypeResidential / Group Housing
- Location
- S NO 493/9/220/2 PLOT NO. 10
- VRUNDAVAN NAGAR
- NANDUR ROAD
- ADGAON
- Nashik
- 422003
- Pincode422003
- RERA no.P51600022898
- ReraGenie IDRG-MH-97719
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
Key facts
Registration and timeline
- StatusCompleted
- Registered on1 Nov 2019
- Promised completion30 Mar 2023
- Revised completionNone
- Buildings1 building record
- Documents filed25 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AKSHAR PLAZA | NA | 6 | 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 6 Apr 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
AKSHAR PLAZA: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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 6 Apr 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 | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| 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 | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed18
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 | AR SURESH N PATEL |
| Engineer | ER SUNIL H PATEL |
| Chartered Accountant | NANDKISHOR PATIL |
| Partner | Role 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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 16 Oct 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Oct 2019 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 18 Oct 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Oct 2019Confirm 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 26 Jun 2021
Documents filed25
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 AKSHAR plaza NEW.pdf | 6 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 AKSHAR ENTERPRISE 20-21.pdf | 20 Mar 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Akshar Plaza Complitition.pdf | 26 Jun 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 AKSHAR plaza.pdf | 26 Jun 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: AKSHAR PLAZA FORM 5 FY19-20.PDF | 2 Apr 2021 |
| Engineers Certificate on Quality Assurance (Form 2A)File: FORM 2 A PLAZA SEP 20_compressed.pdf | 23 Jan 2021 |
| Engineers Certificate on Quality Assurance (Form 2A)File: FORM 2 A PLAZA DEC 20_compressed.pdf | 23 Jan 2021 |
| Engineers Certificate on Quality Assurance (Form 2A)File: FORM 2A PLAZA MARCH 2020.pdf | 7 Jul 2020 |
| Engineers Certificate on Quality Assurance (Form 2A)File: FORM 2A PLAZA JUNE 20.pdf | 7 Jul 2020 |
| Engineers Certificate on Quality Assurance (Form 2A)File: AKSHAR FORM 2A.pdf | 17 Feb 2020 |
| Building plan approvalFile: BUILDING PLAN_Page_1-converted_reduce(1)(2).pdf | 18 Oct 2019 |
| Layout approvalFile: LAY OUT AKSHAR PLAZA.pdf | 18 Oct 2019 |
| Details of encumbrancesFile: ENCUMBRANCE.pdf | 18 Oct 2019 |
| Copy of Layout Approval (in case of layout)File: LAY OUT AKSHAR PLAZA.pdf | 18 Oct 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN_Page_1-converted_reduce(1)(2).pdf | 18 Oct 2019 |
| Engineers Certificate on Quality Assurance (Form 2A)File: FORM 2 A_compressed.pdf | 18 Oct 2019 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE_compressed.pdf | 18 Oct 2019 |
| PAN CardFile: PAN CARD.pdf | 17 Oct 2019 |
| Copy of the legal title reportFile: TITLE REPORT_compressed.pdf | 16 Oct 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement cer.pdf | 16 Oct 2019 |
| Declaration in FORM BFile: FORM B_compressed.pdf | 16 Oct 2019 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE_compressed.pdf | 16 Oct 2019 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Akshar plaza ENGINEERS CERTIFICATE.pdf | 16 Oct 2019 |
| Proforma of Allotment letterFile: ALLOTMENT-LETTER-AKSHAR PLAZA.pdf | 16 Oct 2019 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE.pdf | 16 Oct 2019 |
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| AKSHAR DEEP | PLOT NO 14 S NO 18 PETH ROAD MAKHMALABAD SHIWAR NASHIK 422003 | 1 | Completed | Jun 2020 | Nov 2017 |
| AKSHAR PARADISE | DINDORI ROAD | 17 | Completed | Mar 2017 | Jun 2016 |
| AKSHAR RESIDENCY | HIRAWADI | 40 | Completed | Dec 2014 | Nov 2013 |
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Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
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- All 25 filed documents as one ZIP, foldered, with a manifest
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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 PLAZA is delayed beyond 30 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 AKSHAR PLAZA?
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 PLAZA?
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 PLAZA?
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 PLAZA?
The professionals named in the filing: Architect: AR SURESH N PATEL; Engineer: ER SUNIL H PATEL; Chartered Accountant: NANDKISHOR PATIL. 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 PLAZA?
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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