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CREDENCE SQUARE
RG-MH-87306 · RERA P50500056281 · Last updated on MahaRERA portal: 2 May 2026
Source: official MahaRERA filing
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Red flags
- Rs 6.00 crore secured on the land, in favour of Arvind Sahakari Bank Limited Katol
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
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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CREDENCE SQUARE is a Others project by PALASH MURLIDHAR GANGWANI in Nagpur, Maharashtra, registered with MahaRERA as P50500056281 on 22 May 2024. Possession is promised by 28 Feb 2029. 2 of the 69 units on this registration are recorded sold or booked, and 1 of 11 construction stages are filed complete.
At a glance
Project
- NameCREDENCE SQUARE
- TypeOthers
- Location
- CTS No 10 PH NO 7 SHEET NO 32 AND 30
- DABHA
- Nagpur (M Corp.)
- Nagpur (Urban)
- Nagpur
- 440023
- Pincode440023
- RERA no.P50500056281
- ReraGenie IDRG-MH-87306
Builder
- NamePALASH MURLIDHAR GANGWANI
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on22 May 2024
- Promised completion28 Feb 2029
- Revised completionNone
- Buildings1 building record
- Documents filed81 files
Current status
Figures as on 2 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| CREDENCE SQUARE | NA | 4 | 4 | 35 | 34 | 69 |
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 2 May 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.
1 of 11 construction stages are filed complete. The stage furthest along is Plinth, at 80%.
CREDENCE SQUARE: 16% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 80% |
| 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 2 May 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 | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| 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 | Yes | 0% |
Parking filed102
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
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
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 |
|---|---|---|---|
| CREDENCE SQUARE | NA | Rs 4.45 cr | Rs 14.10 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Md ATIF SOHAIL |
| Architect | JIGNESH SURAJBHAI PATEL SURAJBHAI PATEL |
| Engineer | Md ATIF SOHAIL |
| Engineer | Jignesh Patel |
| Chartered Accountant | MJM ASSOCIATES |
| Partner | Role in project |
|---|---|
| PALASH MURLIDHAR GANGWANI | - |
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 12 Feb 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Feb 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 26 Mar 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Feb 2024Confirm 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 28 Feb 2029
Documents filed81
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 81 are shown. 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: Credence Form 1.pdf | 2 May 2026 |
| Withdrawal Update Form 1File: Credence Form 1.pdf | 2 May 2026 |
| Withdrawal Update Form 2File: Credence Form 2.pdf | 2 May 2026 |
| Withdrawal Update Form 2File: Credence Form 2.pdf | 2 May 2026 |
| Withdrawal Update Form 3File: Form 3 July to sept 25 credence sqr signed_compressed.pdf | 2 May 2026 |
| Withdrawal Update Form 3File: Form 3 July to sept 25 credence sqr signed_compressed.pdf | 2 May 2026 |
| Withdrawal Update Form 1File: Form 1 for both quates Credence signed.pdf | 14 Nov 2025 |
| Withdrawal Update Form 1File: Form 1 for both quates Credence signed.pdf | 14 Nov 2025 |
| Withdrawal Update Form 2File: Form 2 credence april to june signed.pdf | 14 Nov 2025 |
| Withdrawal Update Form 2File: july to sept form 2 signed credence.pdf | 14 Nov 2025 |
| Withdrawal Update Form 3File: Form 3 Apr to Jun 25 credence sqr_compressed signed.pdf | 14 Nov 2025 |
| Withdrawal Update Form 3File: Form 3 July to sept 25 credence sqr signed_compressed.pdf | 14 Nov 2025 |
| Form 1File: Form 1 Apr - Jun 24.pdf | 26 Jun 2025 |
| Form 2File: Form 2 Apr - Jun 24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 Apr - Jun 24.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: DSBI 30 june 2024.pdf | 26 Jun 2025 |
| Form 1File: Form 1 Jul - Sep 24.pdf | 26 Jun 2025 |
| Form 2File: Form 2 Jul - Sep 24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 Jul - Sep 24.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: DSBI 30 Sep 2024.pdf | 26 Jun 2025 |
| Form 1File: Form 1 Oct - Dec 24.pdf | 26 Jun 2025 |
| Form 2File: Form 2 Oct - Dec 24.pdf | 26 Jun 2025 |
| Form 3File: Form 3 Oct - Dec 24.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: DSBI 31 Dec 2024.pdf | 26 Jun 2025 |
| Form 1File: Form 1 Jan - Mar 25.pdf | 26 Jun 2025 |
| Form 2File: Form 2 Jan - Mar 25.pdf | 26 Jun 2025 |
| Form 3File: Form 3 Jan - Mar 25.pdf | 26 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: DSBI 31 March 2025.pdf | 26 Jun 2025 |
| Withdrawal Update Form 1File: Form 1 Jan - Mar 25.pdf | 26 Jun 2025 |
| Withdrawal Update Form 2File: Form 2 Jan - Mar 25.pdf | 26 Jun 2025 |
| Withdrawal Update Form 3File: Form 3 Jan - Mar 25.pdf | 26 Jun 2025 |
| CERSAI detailsFile: Letter_non reflection of Encumberance.pdf | 9 May 2024 |
| Other - TechnicalFile: New Commencement Certificate.pdf | 2 May 2024 |
| Building plan approvalFile: Map 2-compressed.pdf | 26 Mar 2024 |
| Building plan approvalFile: Map 3_compressed.pdf | 26 Mar 2024 |
| Building plan approvalFile: Apart Query_Signed.pdf | 26 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Map 2-compressed.pdf | 26 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Map 3_compressed.pdf | 26 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Apart Query_Signed.pdf | 26 Mar 2024 |
| Details of encumbrances concerned to FinanceFile: Legal Encrumbances_22-3-24.pdf | 22 Mar 2024 |
| Details of encumbrances concerned to LegalFile: Legal Encrumbances_22-3-24.pdf | 22 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Apart Query_Signed.pdf | 22 Mar 2024 |
| Other - TechnicalFile: Address Query_signed.pdf | 22 Mar 2024 |
| Other - TechnicalFile: Ack of NIT.PDF | 22 Mar 2024 |
| Other - TechnicalFile: Apart Query_Signed.pdf | 22 Mar 2024 |
| Other - LegalFile: Plot No 8-1.pdf | 1 Mar 2024 |
| Other - LegalFile: Plot No 8-2.pdf | 1 Mar 2024 |
| Other - LegalFile: Plot No 9-1.pdf | 1 Mar 2024 |
| Other - LegalFile: Plot No 9-2.pdf | 1 Mar 2024 |
| Other - TechnicalFile: Screenshot of mail.pdf | 1 Mar 2024 |
| Layout approvalFile: Map 1_compressed-compressed.pdf | 29 Feb 2024 |
| Layout approvalFile: Map 2-compressed.pdf | 29 Feb 2024 |
| Layout approvalFile: Map 3_compressed.pdf | 29 Feb 2024 |
| Building plan approvalFile: Map 1_compressed-compressed.pdf | 29 Feb 2024 |
| Building plan approvalFile: Map 2-compressed.pdf | 29 Feb 2024 |
| Building plan approvalFile: Map 3_compressed.pdf | 29 Feb 2024 |
| Copy of Layout Approval (in case of layout)File: Map 1_compressed-compressed.pdf | 29 Feb 2024 |
| Copy of Layout Approval (in case of layout)File: Map 2-compressed.pdf | 29 Feb 2024 |
| Copy of Layout Approval (in case of layout)File: Map 3_compressed.pdf | 29 Feb 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Map 1_compressed-compressed.pdf | 29 Feb 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Map 2-compressed.pdf | 29 Feb 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Map 3_compressed.pdf | 29 Feb 2024 |
| CERSAI detailsFile: CERSAI Undertaking _22-3-24.pdf | 19 Feb 2024 |
| Other - TechnicalFile: No Double Registration.PDF | 19 Feb 2024 |
| PAN CardFile: PAN.PDF | 12 Feb 2024 |
| Copy of the legal title reportFile: Legal Report.PDF | 12 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: FE 22-3-24.pdf | 12 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: Legal Encrumbances_new.pdf | 12 Feb 2024 |
| Details of encumbrances concerned to LegalFile: FE 22-3-24.pdf | 12 Feb 2024 |
| Details of encumbrances concerned to LegalFile: Legal Encrumbances_new.pdf | 12 Feb 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 12 Feb 2024 |
| Declaration about Commencement CertificateFile: Format D.pdf | 12 Feb 2024 |
| Declaration in FORM BFile: Affidavit_Subsequent.pdf | 12 Feb 2024 |
| CERSAI detailsFile: CERSAI_Search_Report_.pdf | 12 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 9-5-24_signed.pdf | 12 Feb 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.PDF | 12 Feb 2024 |
| Proforma of Allotment letterFile: Letter Of Allotment.PDF | 12 Feb 2024 |
| Proforma of Agreement for saleFile: AFS.pdf | 12 Feb 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Account Declaration.PDF | 12 Feb 2024 |
| Deviation Report with respect to Allotment letterFile: No deviation AL.pdf | 12 Feb 2024 |
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Buyer report
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- 2 conditions on this project's record read and explained, with the clear checks alongside
- All 81 filed documents as one ZIP, foldered, with a manifest
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Project watch
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Builder: PALASH MURLIDHAR GANGWANI
PALASH MURLIDHAR GANGWANI has 1 registration on MahaRERA, including CREDENCE SQUARE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nagpur district page.
Frequently asked questions
What are my rights if CREDENCE SQUARE is delayed beyond 28 Feb 2029?
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 CREDENCE SQUARE?
The registered promoter entity is PALASH MURLIDHAR GANGWANI, 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 CREDENCE SQUARE?
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 CREDENCE SQUARE?
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 CREDENCE SQUARE?
The professionals named in the filing: Architect: Md ATIF SOHAIL; Architect: JIGNESH SURAJBHAI PATEL SURAJBHAI PATEL; Engineer: Md ATIF SOHAIL; Engineer: Jignesh Patel; Chartered Accountant: MJM ASSOCIATES. 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 CREDENCE SQUARE?
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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