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BHABAD TOWERS
RG-MH-13256 · RERA P51600023955 · Last updated on MahaRERA portal: 15 Feb 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 1 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 1 other registration.
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BHABAD TOWERS is a Residential / Group Housing project by SHARAD FAKIRA BHABAD in Nashik, Maharashtra, registered with MahaRERA as P51600023955 on 14 Jan 2020. The registration is recorded completed; possession was promised by 11 Dec 2024.
At a glance
Project
- NameBHABAD TOWERS
- TypeResidential / Group Housing
- Location
- SWAMI VIVEKANAND NAGAR
- MAKHMALABAD
- Nashik (M Corp.)
- Nashik
- 422003
- Pincode422003
- RERA no.P51600023955
- ReraGenie IDRG-MH-13256
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on14 Jan 2020
- Promised completion11 Dec 2024
- Revised completionNone
- Buildings1 building record
- Documents filed25 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BHABAD TOWERS | NA | 8 | 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 15 Feb 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.
1 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.
BHABAD TOWERS: 9% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 15 Feb 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 | Yes | 0% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
Parking filed1
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 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.
| Landowner | Village | District |
|---|---|---|
| MALTIBAI DURGADAS DHANDWAD | Nashik (M Corp.) | Nashik |
| VIMALBAI RAMDAS DANDGAVHAL | Nashik (M Corp.) | Nashik |
| GORAKHNATH MUKUND KARATE | Nashik (M Corp.) | Nashik |
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 | SAMEER SUBHASHBHAI MADIYAR |
| Engineer | C D PATEL |
| Chartered Accountant | PATHIK SURESH BHANDARI |
| Partner | Role in project |
|---|---|
| SHARAD FAKIRA BHABAD | - |
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 4 Jan 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 Jan 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 27 Oct 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 Jan 2020Confirm 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 20 Mar 2022
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: FORM4.pdf | 15 Feb 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Complition 1.pdf | 20 Mar 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Complition 1.pdf | 20 Mar 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion 2.pdf | 20 Mar 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion 3.pdf | 20 Mar 2022 |
| Disclosure of sold/ booked inventoryFile: Adobe Scan 04 Mar 2022.pdf | 4 Mar 2022 |
| Building plan approvalFile: BT Revise Building Plan 2 (1).pdf | 27 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: BT Revise Building Plan 2 (1).pdf | 27 Oct 2021 |
| Declaration about Commencement CertificateFile: BT Revise Commincement Certificate .PDF | 27 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: ENG CERTIFICATE WORK DONE.pdf | 27 Oct 2021 |
| OtherFile: ARCHITET CERTIFICATE (1).pdf | 27 Oct 2021 |
| Declaration in FORM BFile: DECLARATION FORM B.pdf | 8 Jan 2020 |
| Layout approvalFile: Layout Copy.pdf | 4 Jan 2020 |
| Building plan approvalFile: Building Plan1.pdf | 4 Jan 2020 |
| PAN CardFile: PANCARD.pdf | 4 Jan 2020 |
| Copy of the legal title reportFile: TITLE REPORT.pdf | 4 Jan 2020 |
| Details of encumbrancesFile: ENCUMBREANCE NOTARY.pdf | 4 Jan 2020 |
| Copy of Layout Approval (in case of layout)File: Layout Copy.pdf | 4 Jan 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan1.pdf | 4 Jan 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf | 4 Jan 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: CERTIFICATE OF ARCHITECT (FORM 1).pdf | 4 Jan 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: CERTIFICATE OF ENGINEER (FORM 2).pdf | 4 Jan 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE (FORM 3).pdf | 4 Jan 2020 |
| Proforma of Allotment letterFile: allotment-bhabat tower.pdf | 4 Jan 2020 |
| Proforma of Allotment letterFile: agreement-bhabat tower.pdf | 4 Jan 2020 |
Promoter's earlier projects1
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 |
|---|---|---|---|---|---|
| BHABAD TOWERS | NASHIK | 49 | Completed | Dec 2023 | Dec 2023 |
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Buyer report
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- All 25 filed documents as one ZIP, foldered, with a manifest
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Builder: SHARAD FAKIRA BHABAD
SHARAD FAKIRA BHABAD has 2 registrations on MahaRERA, including BHABAD TOWERS and BHABAD PLAZA. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 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 BHABAD TOWERS is delayed beyond 11 Dec 2024?
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 BHABAD TOWERS?
The registered promoter entity is SHARAD FAKIRA BHABAD, an individual 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 BHABAD TOWERS?
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 BHABAD TOWERS?
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 BHABAD TOWERS?
The professionals named in the filing: Architect: SAMEER SUBHASHBHAI MADIYAR; Engineer: C D PATEL; Chartered Accountant: PATHIK SURESH BHANDARI. 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 BHABAD TOWERS?
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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