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BHANDARI CAPITAL
By UDAYSINH SHANTILAL BHANDARI
RG-MH-21479 · RERA P53100029468 · Last updated on MahaRERA portal: 25 Mar 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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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BHANDARI CAPITAL is a Residential / Group Housing project by UDAYSINH SHANTILAL BHANDARI in Sangli, Maharashtra, registered with MahaRERA as P53100029468 on 29 May 2021. The registration is recorded completed; possession was promised by 31 Mar 2025. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameBHANDARI CAPITAL
- TypeResidential / Group Housing
- Location
- SNO 217/1/2/2/A PLOT NO 1+2 CHINCHNI ROAD TASGAON DIST. SANGLI
- CHINCHNI ROAD
- Tasgaon (M Cl)
- Tasgaon
- Sangli
- 416312
- Pincode416312
- RERA no.P53100029468
- ReraGenie IDRG-MH-21479
Builder
- NameUDAYSINH SHANTILAL BHANDARI
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 May 2021
- Promised completion31 Mar 2025
- Revised completionRevised to 31 Mar 2025 (originally 31 Mar 2024)
- Buildings1 building record
- Documents filed69 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BHANDARI CAPITAL | NA | 7 | 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 25 Mar 2025, 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
BHANDARI CAPITAL: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| 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 25 Mar 2025, 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 | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| 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 | No | Not applicable |
| 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 | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed25
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | PRASHANT PATIL |
| Engineer | NANDKUMAR PATIL |
| Chartered Accountant | gopal mundada |
| Chartered Accountant | Bhushan Picha |
| Partner | Role in project |
|---|---|
| UDAYSINH SHANTILAL BHANDARI | - |
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 promoterLock down during the 1st year of operation
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 24 May 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 May 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 24 May 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 24 May 2021Confirm 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 25 Mar 2025
Documents filed69
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 |
|---|---|
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q3 24-25.pdf | 25 Mar 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate.pdf | 25 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q3 24-25.pdf | 24 Mar 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q3 24-25.pdf | 24 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q3 24-25.pdf | 24 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A- Engineer certificate for Quality 23-24.pdf | 24 Mar 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5- CA Certificate Annual report 23-24.pdf | 24 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q1 24-25.pdf | 26 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q2 24-25.pdf | 26 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q1 24-25.pdf | 26 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q2 24-25.pdf | 26 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q1 24-25.pdf | 26 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q2 24-25.pdf | 26 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q1 24-25.pdf | 26 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q2 24-25.pdf | 26 Feb 2025 |
| Declaration in FORM BFile: Form B.pdf | 29 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q4 23-24.pdf | 12 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q4 23-24.pdf | 12 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q4 23-24.pdf | 12 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q4 23-24.pdf | 12 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q3 23-24.pdf | 14 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q3 23-24.pdf | 14 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q3 23-24.pdf | 14 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q3 23-24.pdf | 14 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q2 23-24.pdf | 18 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q2 23-24.pdf | 18 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q2 23-24.pdf | 18 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q2 23-24.pdf | 18 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5- CA Certificate Annual report 22-23.pdf | 18 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q1 23-24.pdf | 12 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q1 23-24.pdf | 12 Aug 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A- Engineer certificate for Quality 22-23.pdf | 12 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q1 23-24.pdf | 12 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA certificate Q1 23-24.pdf | 12 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA Certificate Q4 22-23.pdf | 21 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q4 22-23.pdf | 20 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q4 22-23.pdf | 20 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q4 22-23.pdf | 20 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q3 22-23.pdf | 21 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q3 22-23.pdf | 21 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q3 22-23.pdf | 21 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA Certificate Q3 22-23.pdf | 21 Jan 2023 |
| Details of encumbrancesFile: Details of encumbrance.pdf | 12 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Architect certificate Q2 22-23.pdf | 12 Nov 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate Q2 22-23.pdf | 12 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-booked inventory Q2 22-23.pdf | 12 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA Certificate Q2 22-23.pdf | 12 Nov 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A- Engineer certificate for Quality 21-22.pdf | 3 Nov 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5- CA Certificate Annual report.pdf | 3 Nov 2022 |
| Declaration about Commencement CertificateFile: Declaration about Commencement certificate.pdf | 16 Jul 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect certificate.pdf | 16 Jul 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Engineer certificate.pdf | 16 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold booked inventory.pdf | 16 Jul 2022 |
| CERSAI detailsFile: CREDAI cert.pdf | 16 Jul 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA Certificate.pdf | 16 Jul 2022 |
| Layout approvalFile: BHANDARI LAYOUT.pdf | 24 May 2021 |
| Building plan approvalFile: DWG BW.pdf | 24 May 2021 |
| Copy of the legal title reportFile: LEGAL TITLE REPORT.pdf | 24 May 2021 |
| Details of encumbrancesFile: ENCUMBRANCE CERTIFICATE.pdf | 24 May 2021 |
| Copy of Layout Approval (in case of layout)File: BHANDARI LAYOUT.pdf | 24 May 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: DWG BW.pdf | 24 May 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: prashant patil sanction CERT.pdf | 24 May 2021 |
| Declaration in FORM BFile: FORM B.pdf | 24 May 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf | 24 May 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf | 24 May 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 24 May 2021 |
| Proforma of Allotment letterFile: AGREEMENT FORMAT.pdf | 24 May 2021 |
| Proforma of Allotment letterFile: allotment letter1.pdf | 24 May 2021 |
| PAN CardFile: PAN.pdf | 20 May 2021 |
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Buyer report
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- All 69 filed documents as one ZIP, foldered, with a manifest
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Builder: UDAYSINH SHANTILAL BHANDARI
UDAYSINH SHANTILAL BHANDARI has 1 registration on MahaRERA, including BHANDARI CAPITAL. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Sangli district page.
Frequently asked questions
What are my rights if BHANDARI CAPITAL is delayed beyond 31 Mar 2025?
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 BHANDARI CAPITAL?
The registered promoter entity is UDAYSINH SHANTILAL BHANDARI, 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 BHANDARI CAPITAL?
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 BHANDARI CAPITAL?
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 BHANDARI CAPITAL?
The professionals named in the filing: Architect: PRASHANT PATIL; Engineer: NANDKUMAR PATIL; Chartered Accountant: gopal mundada; Chartered Accountant: Bhushan Picha. 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 BHANDARI CAPITAL?
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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