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BHAGWAN RESIDENCY
By V3 PARTNERS
RG-MH-66262 · RERA P51800049808 · Last updated on MahaRERA portal: 3 Jan 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 10 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
2 conditions are 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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BHAGWAN RESIDENCY is a Residential / Group Housing project by V3 PARTNERS in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800049808 on 24 Feb 2023. Possession is promised by 30 Oct 2026. The completion date has moved by 10 months from the original filing. 3 of the 17 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.
At a glance
Project
- NameBHAGWAN RESIDENCY
- TypeResidential / Group Housing
- Location
- R C MARG
- COLLECTORS COLONY
- Wadhavali
- Kurla
- Mumbai Suburban
- 400074
- Pincode400074
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800049808
- ReraGenie IDRG-MH-66262
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on24 Feb 2023
- Promised completion30 Oct 2026
- Revised completionRevised to 30 Oct 2026 (originally 31 Dec 2025)
- Buildings1 building record
- Documents filed43 files
Current status
Figures as on 3 Jan 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BHAGWAN RESIDENCY | NA | 10 | 9 | 17 | 0 | 17 |
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 3 Jan 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.
4 of 11 construction stages are filed complete. The stage furthest along is Stilt Floor, at 90%.
BHAGWAN RESIDENCY: 53% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | - |
| Podiums (if any) | - |
| Plinth | 100% |
| Stilt Floor | 90% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| 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 3 Jan 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 80% |
| Storm Water Drains | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed8
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 ownership6
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| V3 PARTNERS | Madpeshwar | Mumbai Suburban |
| DAYA BHAGWANDAS KHETANI | Wadhavali | Mumbai Suburban |
| MRS. SHWETA RAJU MANEK nee SHWETA B KHETANI | Wadhavali | Mumbai Suburban |
| MRS. NISHTA DINESH KITHANY nee NISHTA B KHETANI | Wadhavali | Mumbai Suburban |
| RITIKA KAMAL RAJPAL nee RITIKA B KHETANI | Wadhavali | Mumbai Suburban |
| MRS. VIDHI JAGDISH KHITHANI nee VIDHI B KHETANI | Wadhavali | Mumbai Suburban |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BHAGWAN RESIDENCY | NA | Rs 2.70 cr | Rs 1.65 cr |
| - | NA | Rs 15.00 lakh | Rs 3.00 lakh |
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 | B H WADHWA AND CHHADVA ASSOCIATES |
| Engineer | ALPESH KUNJADIA |
| Chartered Accountant | ASHVIN THUMAR & CO |
| Partner | Role in project |
|---|---|
| V3 PARTNERS | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterCouldn't procure Slum TDR on time due to non availability in major part of city
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 3 Jan 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 3 Jan 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 3 Jan 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 Jan 2023Confirm the Commencement Certificate covers the specific floor you are buying. - 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 Oct 2026
Documents filed43
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 |
|---|---|
| Withdrawal Update Form 1File: Form 1 Arch Certificate.pdf | 3 Jan 2026 |
| Withdrawal Update Form 2File: FORM 2A Engineers certificate.pdf | 3 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 CA.pdf | 3 Jan 2026 |
| Withdrawal Update Form 1File: Form 1 Arch Certificate.pdf | 9 Dec 2025 |
| Withdrawal Update Form 2File: FORM 2A Engineers certificate.pdf | 9 Dec 2025 |
| Withdrawal Update Form 3File: Form 3 CA.pdf | 9 Dec 2025 |
| Form 2A (FY 2022-2023)File: FORM 2A Engineers certificate.pdf | 9 Dec 2025 |
| Form 2A (FY 2023-2024)File: FORM 2A Engineers certificate.pdf | 9 Dec 2025 |
| Form 2A (FY 2024-2025)File: FORM 2A Engineers certificate.pdf | 9 Dec 2025 |
| Form 2A (FY 2025-2026)File: FORM 2A Engineers certificate.pdf | 9 Dec 2025 |
| Form 1File: Form 1 Arch Certificate.pdf | 26 Nov 2025 |
| Form 2File: FORM 2A Engineers certificate.pdf | 26 Nov 2025 |
| Form 3File: Form 3 CA.pdf | 26 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold & unsold inventory 84A Rera _251125_175900.pdf | 26 Nov 2025 |
| Self-declaration of Quarterly ProgressFile: Self declaration WP 84A Rera _251125_175822.pdf | 26 Nov 2025 |
| Withdrawal Update Form 1File: FORM 1 ARCHITECT Certificate-compressed.pdf | 26 Nov 2025 |
| Withdrawal Update Form 2File: FORM 2A Engineers certificate.pdf | 26 Nov 2025 |
| Withdrawal Update Form 3File: CA rera 21.11.2025.pdf | 26 Nov 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Rera CA 84A.pdf | 16 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: No Encumbrances Legal.pdf | 23 Jan 2023 |
| Details of encumbrances concerned to LegalFile: No Encumbrances Legal.pdf | 23 Jan 2023 |
| Proforma of Allotment letterFile: Annexure 1 Model form for rera 84A.pdf | 23 Jan 2023 |
| Proforma of Agreement for saleFile: RERA Agreement_FINAL18012023.pdf | 23 Jan 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Fomat A Rera Declaration of bank account 84A.pdf | 23 Jan 2023 |
| Deviation Report with respect to Allotment letterFile: Allotement Deviation letter For rera 84A.pdf | 23 Jan 2023 |
| Deviation Report with respect to model copy of AgreementFile: Agreement clause Deviation rera 84A.pdf | 23 Jan 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrances certificate_20230102134052.pdf | 13 Jan 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrances certificate_20230102134052.pdf | 13 Jan 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A DISCLOSURE.pdf | 13 Jan 2023 |
| Layout approvalFile: 84 A Drawing.pdf | 3 Jan 2023 |
| Building plan approvalFile: 84 A Drawing.pdf | 3 Jan 2023 |
| PAN CardFile: v3 pan card.pdf | 3 Jan 2023 |
| Copy of the legal title reportFile: 84A_New Title Certificate_compressed.pdf | 3 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: 84 A Drawing.pdf | 3 Jan 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 84 A Drawing.pdf | 3 Jan 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 2355773_FirstCC_signed.pdf | 3 Jan 2023 |
| Declaration about Commencement CertificateFile: Declaration about CC_20230102134333.pdf | 3 Jan 2023 |
| Declaration in FORM BFile: 84A Rera Form B .pdf | 3 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 ARCHITECT Certificate-compressed.pdf | 3 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2A Engineers certificate.pdf | 3 Jan 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200256516019_For_Asset_Based_Search_02_01_2023_13_11_35_117.pdf | 3 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold unsold inventory_20230102134225.pdf | 3 Jan 2023 |
| Status of ConveyanceFile: property card 386_38 23-03-2022.pdf | 3 Jan 2023 |
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 |
|---|---|---|---|---|---|
| AMAR JYOT | PLOT NO 41 A COLLECTORS COLONY R C MARG CHEMBUR | 14 | Completed | Apr 2016 | Oct 2015 |
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How this compares with Mumbai Suburban
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 43 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: V3 PARTNERS
V3 PARTNERS has 3 registrations on MahaRERA, including 117 RESIDENCY and SHIV PARBAT. 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 Mumbai Suburban district page.
Frequently asked questions
What are my rights if BHAGWAN RESIDENCY is delayed beyond 30 Oct 2026?
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 BHAGWAN RESIDENCY?
The registered promoter entity is V3 PARTNERS, 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 BHAGWAN RESIDENCY?
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 BHAGWAN RESIDENCY?
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 BHAGWAN RESIDENCY?
The professionals named in the filing: Architect: B H WADHWA AND CHHADVA ASSOCIATES; Engineer: ALPESH KUNJADIA; Chartered Accountant: ASHVIN THUMAR & 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 BHAGWAN RESIDENCY?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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