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Completed No litigation declared Residential / Group Housing project

BALAJI EXOTICA-PHASE 1

By BALAJI WORLD

RG-MH-71845 · RERA P51700015155 · Last updated on MahaRERA portal: 20 Sep 2022

Source: official MahaRERA filing

Red flags

  • 1 complaint at MahaRERA

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

1 condition is 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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Dec 2022Possession promisedregistration recorded completed
20 of 22Construction stages doneacross 2 buildings; furthest along: Podiums (if any), 0%
1Complaints at MahaRERAon this registration
Jump to the 51 documents Report an error

BALAJI EXOTICA-PHASE 1 is a Residential / Group Housing project by BALAJI WORLD in Thane, Maharashtra, registered with MahaRERA as P51700015155 on 2 Feb 2018. The registration is recorded completed; possession was promised by 30 Dec 2022. 1 complaint is on record with the regulator.

At a glance

Project

  • NameBALAJI EXOTICA-PHASE 1
  • TypeResidential / Group Housing
  • Location
    • MANGESHI HALL
    • CHIKANGHAR
    • Kalyan
    • Thane
    • 421301
  • Pincode421301
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700015155
  • ReraGenie IDRG-MH-71845

Builder

  • NameBALAJI WORLD
  • Entity typePartnership
  • PartnersSAGAR GUL PANJWANI, GUL JAIRAMDAS PANJWANI, SANTOSH JAIRAMDAS PANJWANI
  • Other registrations3 more →
  • Completed3 of 4

Key dates

this monthRegisteredFeb 2018PromisedDec 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on2 Feb 2018
  • Promised completion30 Dec 2022
  • Revised completionNone
  • Buildings2 building records
  • Documents filed51 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BUILDING ANA160000
BUILDING BNA160000

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 building2

As on 20 Sep 2022, 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.

20 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.

BUILDING A91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
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%
BUILDING B91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
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 20 Sep 2022, 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 & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes0%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed26

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.

Total parking slots26
Closed/Covered26
BuildingClosed/CoveredTotal
BUILDING A2525
BUILDING B11

Land and ownership1

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area3,136 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
ashish developersChikangharThane

Approvals and building plan

Permissible FSI7121.86
Proposed, not sanctioned6,346 sq m
Buildings approved2
Buildings sanctioned2

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 branchSHOP NO 10-15,VARDHAMAN MARKET SECTOR-17, VASHI, NAVI MUMBAI-400703

Certifying professionals and partners3

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

RoleName
ArchitectANIL R. NIRGUDE
EngineerA R KHASNIS
Chartered AccountantSUNNY BHAGIA
PartnerRole in project
BALAJI WORLD-

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
CC006000000195791JANCY REJI THROUGHPOWER OF ATTORNEY HOLDER SHAJI YOHANNANBALAJI WORLD29/01/2021

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 27 Jan 2018
  2. Layout approvalOn the file

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

    uploaded 27 Jan 2018
  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 28 Mar 2019
  4. Commencement CertificateOn the file

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

    uploaded 28 Mar 2019Confirm 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 15 Jul 2021

Documents filed51

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
Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Registration Certificate.pdf20 Sep 2022
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 (Phase I).pdf7 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 certicate phase-I_Mar21.pdf31 Jul 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 certificate phase-I_Mar21.pdf31 Jul 2021
Certificates of CA (Form 3)File: FORM3 MAR 2021 PhI.pdf31 Jul 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Original OC Copy Phase I.pdf15 Jul 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form1_31122020.pdf1 Mar 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form2_31122020.pdf1 Mar 2021
Certificates of CA (Form 3)File: Form3_Dec2020.pdf1 Mar 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A.pdf28 Feb 2021
Certificates of CA (Form 3)File: form-3 ab march 20.pdf8 Oct 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: form 5 ab.pdf8 Oct 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARICHITECT CERTIFICATE 312119.pdf18 Feb 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE 311219.pdf18 Feb 2020
Certificates of CA (Form 3)File: FORM-3 A B 311219.pdf18 Feb 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE AS ON 30-9-19.pdf23 Dec 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate.pdf23 Dec 2019
Certificates of CA (Form 3)File: balaji world form-3 as on 30919.pdf23 Dec 2019
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: balaji world.pdf23 Dec 2019
Certificates of CA (Form 5)File: balaji world.pdf30 Sep 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect certificate march19_compressed.pdf1 Aug 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITEC CERTIFICATE JUNE19.pdf1 Aug 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate march 19_compressed.pdf1 Aug 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate_compressed.pdf1 Aug 2019
Certificates of CA (Form 3)File: FORM-3 RERA ALAJI WORLD 31-03-19_compressed.pdf29 Jul 2019
Certificates of CA (Form 3)File: FORM-3 RERA BALAJI WORLD JUNE 2019_compressed.pdf29 Jul 2019
Proforma of Allotment letterFile: Allotment Letter-2BHK.pdf2 Apr 2019
Proforma of Allotment letterFile: Revised Draft agreement.pdf2 Apr 2019
Proforma of Allotment letterFile: Allotment Letter-1BHK.pdf2 Apr 2019
Building plan approvalFile: 1.PDF28 Mar 2019
Building Plan Approval (IOD)File: 1.PDF28 Mar 2019
Commencement Certificates / NA Order for plotted developmentFile: revised commencement certificate Dt-20019_compressed.pdf28 Mar 2019
OtherFile: 1.PDF22 Mar 2019
OtherFile: revised commencement certificate Dt-20019_compressed.pdf22 Mar 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: MAHA RERA AC04019_compressed.pdf12 Mar 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: MahaRERA Certificate .pdf12 Mar 2019
Certificates of CA (Form 3)File: FORM-3 BALAJI WORLD AS ON 30-09-2018-ilovepdf-compressed.pdf11 Jan 2019
Certificates of CA (Form 5)File: REPORT ON STATEMENT OF ACCOUNTS.pdf15 Oct 2018
Layout approvalFile: LAYOUT.pdf27 Jan 2018
Building plan approvalFile: PLAN.pdf27 Jan 2018
PAN CardFile: pan card.pdf27 Jan 2018
Copy of the legal title reportFile: Search Report.pdf27 Jan 2018
Details of encumbrancesFile: emcumbrance.pdf27 Jan 2018
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf27 Jan 2018
Building Plan Approval (IOD)File: PLAN.pdf27 Jan 2018
Commencement Certificates / NA Order for plotted developmentFile: Commencement copy.pdf27 Jan 2018
Declaration in FORM BFile: FORM-B-KALAYAN.pdf27 Jan 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: arc certi.pdf27 Jan 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER.pdf27 Jan 2018
Certificates of CA (Form 3)File: CA CERTIFICATE.pdf27 Jan 2018
Proforma of Allotment letterFile: agreement to sale n allotment letter.pdf27 Jan 2018

How this compares with Thane

24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is completed

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane 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 CHIKANGHAR7,600+ in Thane

2 kmBALAJI EXOTICA-PHASE 1Completed 87Lapsed / revoked 53Other 136Dot size: filed unitsN

Filed coordinates, straight-line distance. 276 registered projects within 2 km.

Builder: BALAJI WORLD

BALAJI WORLD has 4 registrations on MahaRERA, including BALAJI EXOTICA-PHASE 1 and BALAJI EXOTICA PHASE-II. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if BALAJI EXOTICA-PHASE 1 is delayed beyond 30 Dec 2022?

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 BALAJI EXOTICA-PHASE 1?

The registered promoter entity is BALAJI WORLD, 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 BALAJI EXOTICA-PHASE 1?

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 do I read the complaint cases filed against BALAJI EXOTICA-PHASE 1?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for BALAJI EXOTICA-PHASE 1?

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 BALAJI EXOTICA-PHASE 1?

The professionals named in the filing: Architect: ANIL R. NIRGUDE; Engineer: A R KHASNIS; Chartered Accountant: SUNNY BHAGIA. 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 BALAJI EXOTICA-PHASE 1?

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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