Home / Browse projects / Satara, Maharashtra / D P KARISHMA PARK
D P KARISHMA PARK
RG-MH-62317 · RERA P52700017301 · Last updated on MahaRERA portal: 8 Nov 2023
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 34 months past the filed date
- Completion date moved by 9 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 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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D P KARISHMA PARK is a Others project by DP DEVELELOPERS in Satara, Maharashtra, registered with MahaRERA as P52700017301 on 31 Jul 2018. Possession was promised by 31 Dec 2023 and is now 34 months past that date. The completion date has moved by 9 months from the original filing.
At a glance
Project
- NameD P KARISHMA PARK
- TypeOthers
- Location
- 1123 A KAS ROAD
- SHANIWAR PETH
- Satara
- 415002
- Pincode415002
- RERA no.P52700017301
- ReraGenie IDRG-MH-62317
Builder
- NameDP DEVELELOPERS
- Entity typePartnership
- PartnerSIDDHARTH MAGANLAL PUNGALIYA
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on31 Jul 2018
- Promised completion31 Dec 2023
- Revised completionRevised to 31 Dec 2023 (originally 30 Mar 2023)
- Buildings3 building records
- Documents filed49 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A | NA | 5 | 0 | 0 | 0 | 0 |
| B | NA | 8 | 0 | 0 | 0 | 0 |
| C | 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 building3
As on 8 Nov 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.
11 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is External plumbing and external plaster, at 90%.
A98%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 90% |
| 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. | 90% |
B9%
| 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% |
C9%
| 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 8 Nov 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| 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 | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
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.
| Building | Closed/Covered | Total |
|---|---|---|
| A | 1 | 1 |
| B | 7 | 7 |
Land and ownership1
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 |
|---|---|---|
| D P DEVELOPERS | Pune (M Corp.) | Pune |
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | JAIDEEP DESHPANDE |
| Engineer | P S KULKARNI |
| Partner | Role in project |
|---|---|
| DP DEVELELOPERS | - |
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 promoterWe have received stop work from sanctioning authority due to some irrelevant complaint and same was lifted back on 30th June 2023 and thus causing the delay in completion. relevant documents are attached herewith.
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 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Mar 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 28 Mar 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Jul 2018Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed49
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 of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 8 Nov 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 3.pdf | 7 Nov 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2.pdf | 7 Nov 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM.pdf | 7 Nov 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 4.pdf | 7 Nov 2023 |
| Declaration in FORM BFile: FORMAT B_page-0001.pdf | 2 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 8 Architect’s Certificate of Percentage of Completion of Work (Form 1)_page-0001.pdf | 1 Nov 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 3 Certificates of Engineer (Form 2)(Mandatory for only ongoing project)_page-0001.pdf | 1 Nov 2023 |
| Certificates of CA (Form 3)File: 3 Certificates of CA (Form 3)_page-0001 (2).pdf | 1 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 2019.pdf | 1 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 2020.pdf | 1 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 2021.pdf | 1 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 2021.pdf | 1 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: 2023.pdf | 1 Nov 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2A 2023.pdf | 31 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2A 2023.pdf | 31 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2019.pdf | 21 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2020.pdf | 21 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 2021.pdf | 21 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 2022.pdf | 21 Sep 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold.pdf | 21 Sep 2023 |
| Certificates of CA (Form 3)File: CA-compressed.pdf | 21 Sep 2023 |
| Certificates of CA (Form 3)File: CA_page-0001.pdf | 21 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: mar 19.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Mar 20.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Sept 19.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: mar21.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: mar21.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: mar22.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Mar 23.pdf | 17 Sep 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Dec 18.pdf | 17 Sep 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: SEP 19.pdf | 17 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certifiate_March 2023.pdf | 1 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Engineering Certifiate_March 2023.pdf | 1 Sep 2023 |
| Building plan approvalFile: Revisedplan.pdf | 28 Mar 2022 |
| Layout approvalFile: Revisedplan.pdf | 28 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Revisedplan.pdf | 28 Mar 2022 |
| Building Plan Approval (IOD)File: Revisedplan.pdf | 28 Mar 2022 |
| Layout approvalFile: BASEMENT FLOOR PLAN B WING.pdf | 20 Jul 2018 |
| Copy of Layout Approval (in case of layout)File: BASEMENT FLOOR PLAN B WING.pdf | 20 Jul 2018 |
| Certificates of CA (Form 3)File: 20180720075900.pdf | 20 Jul 2018 |
| Declaration in FORM BFile: Scan Form B.pdf | 17 Jul 2018 |
| Building plan approvalFile: TYPICAL 2ND 4TH FLOOR PLAN C WING.pdf | 13 Jul 2018 |
| Details of encumbrancesFile: 20180713022235.pdf | 13 Jul 2018 |
| Building Plan Approval (IOD)File: TYPICAL 2ND 4TH FLOOR PLAN C WING.pdf | 13 Jul 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: 20180713023631.pdf | 13 Jul 2018 |
| Proforma of Allotment letterFile: 20180713020854.pdf | 13 Jul 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate.pdf | 3 Jul 2018 |
| Copy of the legal title reportFile: Search Report.pdf | 24 May 2018 |
Promoter's earlier projects2
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 |
|---|---|---|---|---|---|
| NAKSHATRA | MACHI PETH SATARA | 15 | Completed | May 2016 | Late, Jun 2016 |
| MANGALYA | MANGALWAR PETH SATARA | 17 | Completed | Mar 2014 | Late, Mar 2018 |
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Buyer report
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- 4 conditions on this project's record read and explained, with the clear checks alongside
- All 49 filed documents as one ZIP, foldered, with a manifest
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Builder: DP DEVELELOPERS
DP DEVELELOPERS has 1 registration on MahaRERA, including D P KARISHMA PARK. Its filings disclose 2 earlier MahaRERA projects: declares 0 of 2 past projects completed on time. Read the full track record. See more projects on the Satara district page.
Frequently asked questions
What does it mean that D P KARISHMA PARK shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if D P KARISHMA PARK is delayed beyond 31 Dec 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 D P KARISHMA PARK?
The registered promoter entity is DP DEVELELOPERS, 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 D P KARISHMA PARK?
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 D P KARISHMA PARK?
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 D P KARISHMA PARK?
The professionals named in the filing: Architect: JAIDEEP DESHPANDE; Engineer: P S KULKARNI. 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 D P KARISHMA PARK?
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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