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Registered No litigation declared Residential / Group Housing project

Arkade Nest

By Arkade Developers Pvt. Ltd.

RG-MH-05299 · RERA P51800050953 · Last updated on MahaRERA portal: 20 May 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 10 earlier projects delivered on promise

Nothing adverse is on this record. The buyer report still reads the filed documents themselves.

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Jun 2027Possession promisedno revision filed
27 of 66Construction stages doneacross 6 buildings; furthest along: Internal walls, 47%
116 of 351Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 143 documents Report an error

Arkade Nest is a Residential / Group Housing project by Arkade Developers Pvt. Ltd. in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800050953 on 15 May 2023. Possession is promised by 30 Jun 2027. 235 of the 351 units on this registration are recorded sold or booked, and 27 of 66 construction stages are filed complete.

At a glance

Project

  • NameArkade Nest
  • TypeResidential / Group Housing
  • Location
    • Asha Nagar Park Road
    • Mulund West
    • Nahur
    • Kurla
    • Mumbai Suburban
    • 400080
  • Pincode400080
  • RERA no.P51800050953
  • ReraGenie IDRG-MH-05299

Builder

  • NameArkade Developers Pvt. Ltd.
  • Entity typeCompany
  • DirectorsAmit Jain, Arpit Jain, Sandeep Jain
  • Declared earlier projects10 →

Key dates

this monthRegisteredMay 2023PromisedJun 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on15 May 2023
  • Promised completion30 Jun 2027
  • Revised completionNone
  • Buildings6 building records
  • Documents filed143 files

Current status

67%235 of 351 units booked
47.9%Work done, per cost certificate

Figures as on 20 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Wing ANA9051051
Wing BNA9051051
Wing CNA9068068
Wing DNA9066066
Wing ENA181866066
Wing FNA181849049

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 building6

As on 20 May 2026, 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.

27 of 66 construction stages are filed complete across 6 buildings. The stage furthest along is Internal walls, at 47%.

Wing A52%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises43%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.8%
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.2%
Wing B52%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises43%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.8%
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.2%
Wing C43%
ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises47%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.8%
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.2%
Wing D39%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure17%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.2%
Wing E39%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure11%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.2%
Wing F51%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises36%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.8%
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.2%

Progress on shared amenities15

As on 20 May 2026, 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes25%
Storm Water DrainsYes12%
Landscaping & Tree PlantingYes20%
Street LightingYes0%
Community BuildingsYes50%
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes60%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Land and ownership

Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area8,327 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on3 Jul 2025

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI25616.0
Proposed, not sanctioned7,865 sq m
Buildings approved6
Buildings sanctioned6

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 branchHeena Gaurav Height, Unit No- 2, S V Road, Kandivali West, Mumbai-400067
Estimated costRs 233.01 cr
Cost incurredRs 111.66 cr
Work done47.92%
BuildingWingEstimatedIncurred
Wing CNARs 36.80 crRs 23.99 cr
Wing ANARs 35.52 crRs 22.84 cr
Wing BNARs 35.47 crRs 22.89 cr
Wing ENARs 32.91 crRs 12.86 cr
Wing DNARs 31.62 crRs 13.02 cr
-NARs 30.84 crRs 3.03 cr
Wing FNARs 29.86 crRs 13.02 cr

Certifying professionals and partners6

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

RoleName
ArchitectKalakruti Arhitect and planners
ArchitectKalakruti Architects & Planners
EngineerJignesh Mohan Patel
Chartered AccountantMittal & Associates
Chartered AccountantSantosh B Morge & Co
Chartered AccountantAmit T Jain & Co.
PartnerRole in project
Arkade Developers Pvt. Ltd.-

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 24 Mar 2023
  2. Layout approvalOn the file

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

    uploaded 13 Feb 2025
  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 29 Apr 2025
  4. Commencement CertificateOn the file

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

    uploaded 29 Apr 2025Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 30 Jun 2027

Documents filed143

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 143 are shown. 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
Form 2A (FY 2025-2026)File: Form 2A arkade nest mar 26.pdf20 May 2026
Withdrawal Update Form 1File: Form 1-Arkade Nest Mar 26.pdf5 May 2026
Withdrawal Update Form 2File: Form 2 Arkade Nest March 2026.pdf5 May 2026
Withdrawal Update Form 3File: Form 3 Arkade Nest Mar 26 Final_compressed.pdf5 May 2026
Withdrawal Update Form 1File: Form 1 Nest Dec 25.pdf30 Jan 2026
Withdrawal Update Form 2File: Form 2 Nest Dec 25.pdf30 Jan 2026
Withdrawal Update Form 3File: Form 3 Nest Dec 25_compressed.pdf30 Jan 2026
Form 5 (FY 2024-2025)File: Form 5 Arkade Nest 24-25.pdf17 Dec 2025
Withdrawal Update Form 1File: Form 1 Nest Sep 25.pdf29 Oct 2025
Withdrawal Update Form 1File: Form 1 Nest Sep 25.pdf29 Oct 2025
Withdrawal Update Form 1File: Form 1 Nest Sep 25.pdf29 Oct 2025
Withdrawal Update Form 2File: Arkade Nest Sept 2025 (Form 2).pdf29 Oct 2025
Withdrawal Update Form 2File: Arkade Nest Sept 2025 (Form 2).pdf29 Oct 2025
Withdrawal Update Form 2File: Arkade Nest Sept 2025 (Form 2).pdf29 Oct 2025
Withdrawal Update Form 3File: Arkade Nest Sept 25_11zon.pdf29 Oct 2025
Withdrawal Update Form 3File: Arkade Nest Sept 25_11zon.pdf29 Oct 2025
Withdrawal Update Form 3File: Arkade Nest Sept 25_11zon.pdf29 Oct 2025
Withdrawal Update Form 1File: Form 1 Arkade Nest.pdf7 Aug 2025
Withdrawal Update Form 2File: Form 2 Nest 1 Jun 25 - Old.pdf7 Aug 2025
Withdrawal Update Form 3File: arkade nest 1_11zon.pdf7 Aug 2025
Building plan approvalFile: Drawing (2)_compressed-1-3_11zon.pdf29 Apr 2025
Building plan approvalFile: Drawing (2)_compressed-4-6.pdf29 Apr 2025
Building plan approvalFile: 2454406Amendletter_signed.pdf29 Apr 2025
Form 2 Nest Mar 2529 Apr 2025
Commencement Certificates / NA Order for plotted developmentFile: Drawing (2)_compressed-7-9_11zon.pdf29 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: Drawing (2)_compressed-1-3_11zon.pdf29 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: Drawing (2)_compressed-4-6.pdf29 Apr 2025
Building Plan Approval / NA Order for plotted developmentFile: 2454406Amendletter_signed.pdf29 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Nest Form 3 Mar 25_compressed.pdf28 Apr 2025
Disclosure of sold/ booked inventoryFile: Sold and unsold Nest Mar 25.pdf11 Apr 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form_2A_Nest Mar 25.pdf11 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Nest Mar 25.pdf5 Apr 2025
Layout approvalFile: Drawing (2)_compressed-1-3_11zon.pdf13 Feb 2025
Layout approvalFile: Drawing (2)_compressed-4-6.pdf13 Feb 2025
Layout approvalFile: Drawing (2)_compressed-7-9_11zon.pdf13 Feb 2025
Building plan approvalFile: 2454406Amendletter_signed.pdf13 Feb 2025
Copy of Layout Approval (in case of layout)File: Drawing (2)_compressed-1-3_11zon.pdf13 Feb 2025
Copy of Layout Approval (in case of layout)File: Drawing (2)_compressed-4-6.pdf13 Feb 2025
Copy of Layout Approval (in case of layout)File: Drawing (2)_compressed-7-9_11zon.pdf13 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: 2454406Amendletter_signed.pdf13 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Arkade Nest Dec 24.pdf12 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Nest Dec 24_compressed.pdf29 Jan 2025
Disclosure of sold/ booked inventoryFile: Nest Inventory declaration dec 24.pdf29 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Nest Dec 24.pdf14 Jan 2025
Details of encumbrances concerned to FinanceFile: Arkade Nest-Financial encumbrance.pdf28 Nov 2024
Details of encumbrances concerned to LegalFile: Arkade Nest-Financial encumbrance.pdf28 Nov 2024
Disclosure of sold/ booked inventoryFile: Nest Sep 24.pdf7 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Nest Sep 24-Both sign_compressed.pdf23 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Nest form 3 Sep24-s_compressed.pdf19 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Nest Sep 24.pdf19 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Arkade Nest-Form 5-FY 24.pdf15 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Nest Sep 2024.pdf14 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Nest Jun 24.pdf26 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Nest june 2024_compressed.pdf26 Jul 2024
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Inventories Nest-Jun 24 Final.pdf25 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Nest Jun 24.pdf13 Jul 2024
Disclosure of sold/ booked inventoryFile: Sold UnSold March 24 Arkade Nest_compressed.pdf25 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Untitled_20240424_110728_NEST MAR 24_compressed.pdf24 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Arkade Nest Form 2 March 2024.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold Nest Dec 23-R.pdf19 Apr 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold Nest Dec 23-R.pdf17 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Arkade Nest - CA Certificate (Form 3).pdf16 Apr 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Affidavit Format A - Arkade Nest.pdf16 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Nest March 2024.pdf11 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Arkade Nest March 24.pdf10 Apr 2024
Commencement Certificates / NA Order for plotted developmentFile: Arkade Nest CC Revalidation 15022414022025.pdf16 Mar 2024
Commencement Certificates / NA Order for plotted developmentFile: 2410672_FurtherCC_signed.pdf9 Feb 2024
Declaration about Commencement CertificateFile: Format D -1.pdf9 Feb 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold Nest Dec 23-1.pdf6 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Arkade Nest Dec 23.pdf31 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Arkade Nest Dec 23.pdf31 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Dec 23 Nest.pdf22 Jan 2024
Layout approvalFile: Page 1.pdf1 Dec 2023
Copy of Layout Approval (in case of layout)File: Page 1.pdf1 Dec 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Affidavit Format A - Arkade Nest.pdf1 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Nest Revised Form 3_compressed.pdf9 Nov 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA Form 2 Engineers Certificate_Arkade Nest_Sept 23.pdf8 Nov 2023
Disclosure of sold/ booked inventoryFile: Arkade Nest - Declaration of Sold Unsold Units - Sep 23.pdf2 Nov 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Arkade Nest - Form 3 Sep 23 - Signed_compressed.pdf2 Nov 2023
Building plan approvalFile: Ammended Plan Approval letter - Nest.pdf9 Oct 2023

Promoter's earlier projects10

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.

10 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
Arkade SereneP51800029961Sunder Nagar Malad West, Mumbai Suburban-Jul 2021CompletedJun 2024Feb 2023
ARKADE EARTH-CARNATIONP51800014422Kanjurmarg East, Mumbai Suburban-Nov 2017CompletedDec 2023Apr 2021
ARKADE EARTH-ASPENP51800006579Kanjurmarg East, Mumbai Suburban-Aug 2017CompletedDec 2023Apr 2021
ARKADE EARTH- BLUEBELLP51800011586Kanjurmarg East, Mumbai Suburban-Aug 2017CompletedDec 2023Apr 2021
DarshanDarshan Vile Parle East Mumbai 5710-CompletedJun 2023Nov 2022
ARKADE EARTH-DAFFODILP51800004440Kanjurmarg East, Mumbai Suburban-Aug 2017CompletedDec 2022Feb 2020
ARKADE EARTH - HAZELP51800022666KANJURMARG EAST, Mumbai Suburban-Oct 2019CompletedDec 2022Apr 2022
ARKADE EARTH - GARDENIAP51800010074Kanjurmarg East, Mumbai Suburban-Aug 2017CompletedDec 2022Feb 2020
ARKADE EARTH - FERNP51800004750Kanjurmarg East, Mumbai Suburban-Aug 2017CompletedDec 2022Feb 2020
ARKADE EARTH - EBONYP51800008953Kanjurmarg East, Mumbai Suburban-Aug 2017CompletedDec 2022Feb 2020

How this compares with Mumbai Suburban

67%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one has not
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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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Other projects near Mulund West6,700+ in Mumbai Suburban

Builder: Arkade Developers Pvt. Ltd.

Arkade Developers Pvt. Ltd. has 1 registration on MahaRERA, including Arkade Nest. Its filings disclose 10 earlier MahaRERA projects: declares 10 of 10 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if Arkade Nest is delayed beyond 30 Jun 2027?

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 Arkade Nest?

The registered promoter entity is Arkade Developers Pvt. Ltd., a company 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 Arkade Nest?

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 Arkade Nest?

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 Arkade Nest?

The professionals named in the filing: Architect: Kalakruti Arhitect and planners; Architect: Kalakruti Architects & Planners; Engineer: Jignesh Mohan Patel; Chartered Accountant: Mittal & Associates; Chartered Accountant: Santosh B Morge & Co; Chartered Accountant: Amit T Jain & Co.. 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 Arkade Nest?

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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