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Registered No litigation declared Residential / Group Housing project

DIAMOND CITY

By NATH DEVELOPERS

RG-MH-71470 · RERA P51500023988 · Last updated on MahaRERA portal: 26 Jun 2024

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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations and every project registered within 2 km.

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Dec 2028Possession promisedno revision filed
0 of 11Construction stages donefurthest along: Excavation, 75%
0Complaints at MahaRERAon this registration
Jump to the 25 documents Report an error

DIAMOND CITY is a Residential / Group Housing project by NATH DEVELOPERS in Aurangabad, Maharashtra, registered with MahaRERA as P51500023988 on 14 Jan 2020. Possession is promised by 30 Dec 2028.

At a glance

Project

  • NameDIAMOND CITY
  • TypeResidential / Group Housing
  • Location
    • GUT NO 98
    • DIAMOND CITY
    • NEAR CHATE SCHOOL
    • SATARA PARISAR
    • BEED BY PASS
    • AURANGABAD
    • Aurangabad (M Corp.)
    • Aurangabad
    • 431001
  • Pincode431001
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51500023988
  • ReraGenie IDRG-MH-71470

Builder

  • NameNATH DEVELOPERS
  • Entity typePartnership
  • PartnersVIJAY BHASKARRAO MHASLEKAR, LAXMAN VITTHALRAO KHISTI, SUNIL KISANRAO THIGLE, Digambar Vishnupant Kulkarni, RAJENDRA SHRIDHAR THIGALE, MAHENDRA RADHAKISHANDAS PATIDAR, VIJAY SHRIDHARRAO THIGLE, Jagdish B Jaju
  • Other registrations2 more →
  • No longer live1 lapsed, de-registered or revoked

Key dates

this monthRegisteredJan 2020PromisedDec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on14 Jan 2020
  • Promised completion30 Dec 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
DIAMOND CITYNA880000

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 26 Jun 2024, 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 75%.

DIAMOND CITY: 19% average across the applicable activities

ActivityProgress
Excavation75%
Basement (if any)50%
Podiums (if any)0%
Plinth50%
Stilt Floor10%
Slabs of Super Structure10%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises5%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks5%
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.7%

Progress on shared amenities15

As on 26 Jun 2024, 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingNoNot applicable
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed22

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.

Total parking slots22
Closed/Covered22

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.

Land area3,595 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI3235.0
Proposed, not sanctioned2,741 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchGARKHEDA BRANCH

Certifying professionals and partners3

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectJayant D Lokhande
EngineerPRADEEP V MOTE
Chartered AccountantRAHUL KULKARNI
PartnerRole in project
NATH DEVELOPERS-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 19 Dec 2019
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 2 Jan 2020
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 2 Jan 2020
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 2 Jan 2020Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 26 Jun 2024

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.

DocumentUploaded
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC drawing 2-3.pdf26 Jun 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC drawing 3-3.pdf26 Jun 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC drawings 1-3.pdf26 Jun 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate.pdf7 Jun 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 21-22.pdf11 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: 2017-18.pdf5 Mar 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 2018-19.pdf5 Mar 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 2019-20.pdf5 Mar 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 2020-21.pdf5 Mar 2022
Disclosure of sold/ booked inventoryFile: RERA sold Row house.pdf29 May 2021
Details of encumbrancesFile: encumberence certificate.pdf8 Jan 2020
Declaration in FORM BFile: Form B_compressed.pdf8 Jan 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_CA Certificate_compressed.pdf8 Jan 2020
Layout approvalFile: Approved Layout.pdf2 Jan 2020
Building plan approvalFile: Building Plan 1_compressed.pdf2 Jan 2020
Building plan approvalFile: Building Plan 2_compressed.pdf2 Jan 2020
Building plan approvalFile: Building Plan 3_compressed.pdf2 Jan 2020
Copy of Layout Approval (in case of layout)File: Approved Layout.pdf2 Jan 2020
Building Plan Approval / NA Order for plotted developmentFile: Building Plan 1_compressed.pdf2 Jan 2020
Building Plan Approval / NA Order for plotted developmentFile: Building Plan 2_compressed.pdf2 Jan 2020
Building Plan Approval / NA Order for plotted developmentFile: Building Plan 3_compressed.pdf2 Jan 2020
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate_1.pdf2 Jan 2020
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate_2.pdf2 Jan 2020
Proforma of Allotment letterFile: Allotment Letter ND Scan.pdf2 Jan 2020
Copy of the legal title reportFile: ND Search Report Scan.pdf19 Dec 2019

How this compares with Aurangabad

14%of Aurangabad projects moved their completion datethis one has not
32%of Aurangabad registrations have lapsed or been cancelledthis one is on the register

Computed across the 1,400+ Aurangabad projects on ReraGenie, from their own filings.

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How alerts work

Other projects near SATARA PARISAR, BEED BY PASS, AURANGABAD1,400+ in Aurangabad

2 kmDIAMOND CITYCompleted 6Lapsed / revoked 11Other 1Dot size: filed unitsN

Filed coordinates, straight-line distance. 18 registered projects within 2 km.

Builder: NATH DEVELOPERS

NATH DEVELOPERS has 3 registrations on MahaRERA, including DIAMOND CITY and Vasant Vihar. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Aurangabad district page.

Frequently asked questions

What are my rights if DIAMOND CITY is delayed beyond 30 Dec 2028?

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 DIAMOND CITY?

The registered promoter entity is NATH DEVELOPERS, 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 DIAMOND CITY?

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 DIAMOND CITY?

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 DIAMOND CITY?

The professionals named in the filing: Architect: Jayant D Lokhande; Engineer: PRADEEP V MOTE; Chartered Accountant: RAHUL 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 DIAMOND CITY?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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