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Completed No litigation declared Residential / Group Housing project

BALAJI EXOTICA PHASE-II

By BALAJI WORLD

RG-MH-14435 · RERA P51700022651 · Last updated on MahaRERA portal: 27 Jul 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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations.

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Mar 2023Possession promisedregistration recorded completed
5 of 11Construction stages donefurthest along: Internal walls, 60%
0Complaints at MahaRERAon this registration
Jump to the 54 documents Report an error

BALAJI EXOTICA PHASE-II is a Residential / Group Housing project by BALAJI WORLD in Thane, Maharashtra, registered with MahaRERA as P51700022651 on 9 Oct 2019. The registration is recorded completed; possession was promised by 30 Mar 2023.

At a glance

Project

  • NameBALAJI EXOTICA PHASE-II
  • TypeResidential / Group Housing
  • Location
    • MANGESHI HALL
    • CHIKANGHAR
    • Kalyan
    • Thane
    • 421301
  • Pincode421301
  • RERA no.P51700022651
  • ReraGenie IDRG-MH-14435

Builder

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

Key dates

this monthRegisteredOct 2019PromisedMar 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on9 Oct 2019
  • Promised completion30 Mar 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed54 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BUILDING TYPE -CNA130000

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 27 Jul 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.

5 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 60%.

BUILDING TYPE -C: 67% average across the applicable activities

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/Premises60%
Sanitary Fittings within the flats / premises50%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks50%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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.30%

Progress on shared amenities15

As on 27 Jul 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
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 SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed40

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 slots40
Closed/Covered20
Open Space20

Land and ownership3

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 area234 sq m
Land owned byThe promoter, with other names on the file
Named landowners3
LandownerVillageDistrict
ASHISH DEVELOPERSChikangharThane
DILIP N BHOIRChikangharThane
PRAHLAD BHOIRChikangharThane

Approvals and building plan

Permissible FSI2362.0
Proposed, not sanctioned2,362 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 branchShop No 2 and 3 Atlanta Building Ground Floor Nariman Point Mumbai 400021

Certifying professionals and partners3

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

RoleName
ArchitectVITAN CONSULTANT
EngineerSTRUCTURAL ENGINEERS
Chartered AccountantSunny Bhagia & Asspciates
PartnerRole in project
BALAJI WORLD-

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 30 Sep 2019
  2. Layout approvalOn the file

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

    uploaded 30 Sep 2019
  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 30 Sep 2019
  4. Commencement CertificateOn the file

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

    uploaded 30 Sep 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 29 Jun 2022

Documents filed54

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 Certificate ( Form 4 ) ( C wing ).pdf27 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A_BW_FY 21-22.pdf5 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2_Q4_BW_Phase II_FY 21-22.pdf4 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1_Q4_BW_Phase II_FY 21-22_compressed.pdf3 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form-2_Q4_BW_Phase II_FY 21-22_compressed.pdf3 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Balaji World_phase II_C wing_Q3_FY_21-22.pdf21 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: New Form 5 Balaji World Phase II PSG.pdf20 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1-Q1_BW_Phase III_FY 22-23.pdf16 Jul 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2_Q1_BW_Phase III_FY 22-23.pdf16 Jul 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 Balaji World Phase II Signed.pdf8 Jul 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupancy Certificate- C wing.pdf29 Jun 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Balaji World_phase II_C wing_Q3_FY_21-22.pdf10 Jun 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Balaji World_phase II_C wing_Q3_FY_21-22.pdf10 Jun 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-Balaji World-Phase II-C Wing_Q3_FY 21-22.pdf10 Jun 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-Balaji World-Phase II-C Wing_Q3_FY 21-22.pdf10 Jun 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Balaji World Phase 2 New Basis Sep 2021.pdf27 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Balaji World Phase 2 New Basis Dec 2021.pdf27 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Balaji World Phase 2 New Basis Mar 2022.pdf27 Apr 2022
Proforma of Allotment letterFile: EXOTICA C WING DRAFT Agreement.pdf22 Sep 2021
Proforma of Allotment letterFile: EXOTICA C WING DRAFT Agreement.pdf22 Sep 2021
Declaration about Commencement CertificateFile: Commencement Certificate Declaration_FormD_Circular 32-Balaji World_C Wing_Q1_FY 21-22.pdf21 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A-Balaji World-Phase II-C Wing_Q1_FY 21-22.pdf21 Aug 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form I.pdf12 Aug 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf12 Aug 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Phase II_June 2021.pdf12 Aug 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1 certicate phase-II_Mar21.pdf31 Jul 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2 certificate phase-II_Mar21.pdf31 Jul 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM3 as ON 31-03-21 PH 2.pdf31 Jul 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_31122020.pdf13 Mar 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM3 as ON 31-12-20wing C.pdf12 Mar 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2_31122020.pdf1 Mar 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A.pdf28 Feb 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 march 20 c.pdf8 Oct 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: form 5 c 31032020.pdf8 Oct 2020
Details of encumbrancesFile: pg1.pdf3 Sep 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1st.pdf20 Feb 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 WING C 311219.pdf20 Feb 2020
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate C 311219.pdf20 Feb 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C WING 311219 1.pdf20 Feb 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE C WING.pdf3 Oct 2019
Proforma of Allotment letterFile: agreement -c wing.pdf3 Oct 2019
Layout approvalFile: LAYOUT.pdf30 Sep 2019
Building plan approvalFile: 10.PDF30 Sep 2019
Building plan approvalFile: 9.PDF30 Sep 2019
PAN CardFile: download.pdf30 Sep 2019
Copy of the legal title reportFile: TITLE REPROT.pdf30 Sep 2019
Details of encumbrancesFile: DETAILS OF ENCUMBRANCES.pdf30 Sep 2019
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf30 Sep 2019
Building Plan Approval / NA Order for plotted developmentFile: 10.PDF30 Sep 2019
Building Plan Approval / NA Order for plotted developmentFile: 9.PDF30 Sep 2019
Commencement Certificates / NA Order for plotted developmentFile: COMME CER.pdf30 Sep 2019
Declaration in FORM BFile: FROM -B FOR C- WING 30019_compressed (1).pdf30 Sep 2019
Proforma of Allotment letterFile: ALLOT 1.pdf30 Sep 2019
Proforma of Allotment letterFile: ALLOT -2.pdf30 Sep 2019

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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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-II 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 BALAJI EXOTICA PHASE-II?

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-II?

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 BALAJI EXOTICA PHASE-II?

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-II?

The professionals named in the filing: Architect: VITAN CONSULTANT; Engineer: STRUCTURAL ENGINEERS; Chartered Accountant: Sunny Bhagia & Asspciates. 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-II?

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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