Home / Browse projects / Nashik, Maharashtra / FAIZ-E-RASUL PARK
FAIZ-E-RASUL PARK
RG-MH-62890 · RERA P51600052978 · Last updated on MahaRERA portal: 15 Jul 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- 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 every project registered within 2 km.
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FAIZ-E-RASUL PARK is a Residential / Group Housing project by SHAUKATALI ISMAIL GHASWALA in Nashik, Maharashtra, registered with MahaRERA as P51600052978 on 10 Oct 2023. Possession is promised by 31 Mar 2028. 2 of the 59 units on this registration are recorded sold or booked, and 10 of 44 construction stages are filed complete.
At a glance
Project
- NameFAIZ-E-RASUL PARK
- TypeResidential / Group Housing
- Location
- WADALA
- MADINA NAGAR
- Nashik Road
- Nashik
- 422006
- Pincode422006
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600052978
- ReraGenie IDRG-MH-62890
Builder
- NameSHAUKATALI ISMAIL GHASWALA
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on10 Oct 2023
- Promised completion31 Mar 2028
- Revised completionNone
- Buildings4 building records
- Documents filed135 files
Current status
Figures as on 15 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING A | NA | 3 | 3 | 17 | 0 | 17 |
| BUILDING-I | NA | 4 | 3 | 10 | 0 | 10 |
| BUILDING -II | NA | 4 | 3 | 16 | 0 | 16 |
| BUILDING-III | NA | 4 | 3 | 16 | 0 | 16 |
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 building4
As on 15 Jul 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.
10 of 44 construction stages are filed complete across 4 buildings. The stage furthest along is External plumbing and external plaster, at 70%.
BUILDING A79%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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. | 70% |
| 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% |
BUILDING-I24%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 60% |
| 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% |
BUILDING -II0%
| 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% |
BUILDING-III0%
| 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 15 Jul 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 | 30% |
| Storm Water Drains | No | Not applicable |
| 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 | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed113
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 | Open Space | Total |
|---|---|---|---|
| BUILDING A | 18 | 17 | 35 |
| BUILDING-I | 27 | 9 | 36 |
| BUILDING -II | 8 | 13 | 21 |
| BUILDING-III | 8 | 13 | 21 |
Land and ownership
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.
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 |
|---|---|---|---|
| - | NA | Rs 2.00 cr | Rs 55,898 |
| BUILDING -II | NA | Rs 1.73 cr | - |
| BUILDING-III | NA | Rs 1.73 cr | - |
| BUILDING-I | NA | Rs 1.65 cr | Rs 63.69 lakh |
| BUILDING A | NA | Rs 1.51 cr | Rs 90.95 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 | ARCHWAVE DESIGNS |
| Engineer | ARCH WAVE DESIGNS |
| Chartered Accountant | SDP AND COMPANY |
| Chartered Accountant | RSPH & Associates |
| Chartered Accountant | R H Pothiwal & Associates |
| Partner | Role in project |
|---|---|
| SHAUKATALI ISMAIL GHASWALA | - |
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 17 Apr 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Aug 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 23 Apr 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 23 Apr 2025Confirm 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 31 Mar 2028
Documents filed135
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 135 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: ARCHITECT CERTIFICATE 30062026.pdf | 15 Jul 2026 |
| Withdrawal Update Form 2File: ENGINEER CERTIFIATE 300626.pdf | 15 Jul 2026 |
| Withdrawal Update Form 3File: CA CERTIFICATE 300626.pdf | 15 Jul 2026 |
| Withdrawal Update Form 1File: FORM 1 ARCHITECT CERTIFICATE 31032026.pdf | 24 Apr 2026 |
| Withdrawal Update Form 2File: FORM 2 ENGINEER CERTIFICATE 31032026.pdf | 24 Apr 2026 |
| Withdrawal Update Form 3File: CA CERTIFICATE.pdf | 24 Apr 2026 |
| Form 2A (FY 2025-2026)File: FORM 2A 31032026.pdf | 10 Apr 2026 |
| Withdrawal Update Form 1File: ARCHITECTURAL CERTIFICATE Q3 NEW.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: ENGINEER CERTIFICATE Q3 NEW.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: CA CERTIFICATE.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: ARCHITECT FORM 1 30092025.pdf | 19 Jan 2026 |
| Withdrawal Update Form 1File: ARCHITECT FORM 1 30092025.pdf | 19 Jan 2026 |
| Withdrawal Update Form 2File: ENGINEER FORM 2 30092025.pdf | 19 Jan 2026 |
| Withdrawal Update Form 2File: ENGINEER FORM 2 30092025.pdf | 19 Jan 2026 |
| Withdrawal Update Form 3File: CA CERTIFICATE 30092025.pdf | 19 Jan 2026 |
| Withdrawal Update Form 3File: CA CERTIFICATE 30092025.pdf | 19 Jan 2026 |
| Withdrawal Update Form 1File: ARCHITECT FORM 1 30092025.pdf | 1 Dec 2025 |
| Withdrawal Update Form 2File: ENGINEER FORM 2 30092025.pdf | 1 Dec 2025 |
| Withdrawal Update Form 3File: CA CERTIFICATE 30092025.pdf | 1 Dec 2025 |
| Form 2A (FY 2023-2024)File: FORM 2A 31.03.2024.pdf | 20 Nov 2025 |
| Form 2A (FY 2024-2025)File: FORM 2A 31.03.2025.pdf | 20 Nov 2025 |
| Form 5 (FY 2024-2025)File: RERA Audit Report_24-25.pdf | 19 Nov 2025 |
| Withdrawal Update Form 1File: ARCHITECT FORM 1 30092025.pdf | 29 Oct 2025 |
| Withdrawal Update Form 2File: ENGINEER FORM 2 30092025.pdf | 29 Oct 2025 |
| Withdrawal Update Form 3File: CA CERTIFICATE 30092025.pdf | 29 Oct 2025 |
| Withdrawal Update Form 1File: ARCHITECT FORM 1 30092025.pdf | 15 Oct 2025 |
| Withdrawal Update Form 2File: ENGINEER FORM 2 30092025.pdf | 15 Oct 2025 |
| Withdrawal Update Form 3File: CA CERTIFICATE 30092025.pdf | 15 Oct 2025 |
| Withdrawal Update Form 1File: ARCHITECT FORM 1 30092025.pdf | 10 Oct 2025 |
| Withdrawal Update Form 2File: ENGINEER FORM 2 30092025.pdf | 10 Oct 2025 |
| Withdrawal Update Form 3File: CA FORM 3 30092025.pdf | 10 Oct 2025 |
| Form 1File: FORM 1 30092024.pdf | 7 Aug 2025 |
| Form 2File: FOMR 2 30092024.pdf | 7 Aug 2025 |
| Form 3File: FORM 3 30092024.pdf | 7 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: unsold.pdf | 7 Aug 2025 |
| Form 1File: FORM 1 31122024.pdf | 7 Aug 2025 |
| Form 2File: FORM 2 31122024.pdf | 7 Aug 2025 |
| Form 3File: FOMR 3 31122024.pdf | 7 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: unsold.pdf | 7 Aug 2025 |
| Form 1File: FORM 1 31032025.pdf | 7 Aug 2025 |
| Form 2File: FORM 2 31032025.pdf | 7 Aug 2025 |
| Form 3File: FORM 3 31032025.pdf | 7 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: unsold.pdf | 7 Aug 2025 |
| Form 1File: FORM 1 30062025.pdf | 7 Aug 2025 |
| Form 2File: FORM 2 30062025.pdf | 7 Aug 2025 |
| Form 3File: FORM 3 30062025.pdf | 7 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: unsold.pdf | 7 Aug 2025 |
| Form 5 (FY 2023-2024)File: Signed RERA Audit Report final.pdf | 4 Aug 2025 |
| Form 1File: ARCHITECT CERTIFICATE 30062024.pdf | 31 Jul 2025 |
| Form 2File: ENGINEER CERTIFICATE 30062024.pdf | 31 Jul 2025 |
| Form 3File: CA CERTIFICATE 30062024.pdf | 31 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: unsold.pdf | 31 Jul 2025 |
| Form 1File: ARCHITECT CERTIFICATE.pdf | 31 Jul 2025 |
| Form 2File: ENGINEER CERTIFICATE.pdf | 31 Jul 2025 |
| Form 3File: CA CERTIFICATE.pdf | 31 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: unsold.pdf | 31 Jul 2025 |
| Form 1File: Architect Certificate.pdf | 31 Jul 2025 |
| Form 2File: ENGINEER CERTIFICATE.pdf | 31 Jul 2025 |
| Form 3File: CA CERTIFICATE.pdf | 31 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: UNSOLD.pdf | 31 Jul 2025 |
| Building plan approvalFile: BUILDING PLAN1.pdf | 23 Apr 2025 |
| Building plan approvalFile: BUILDING PLAN2.pdf | 23 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 ARCHITECT CERTIFICATE.pdf | 23 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 23 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ENGINNER CERTIFICATE.pdf | 23 Apr 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf | 23 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN1.pdf | 23 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN2.pdf | 23 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf | 2 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf | 2 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 2 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 13 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Architect Certificate.pdf | 13 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf | 13 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 13 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf | 17 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf | 17 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 17 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf | 6 Oct 2023 |
| Declaration about Commencement CertificateFile: FORMAT D.pdf | 6 Oct 2023 |
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Other projects near MADINA NAGAR4,100+ in Nashik
Filed coordinates, straight-line distance. 350 registered projects within 2 km.
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Builder: SHAUKATALI ISMAIL GHASWALA
SHAUKATALI ISMAIL GHASWALA has 1 registration on MahaRERA, including FAIZ-E-RASUL PARK. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if FAIZ-E-RASUL PARK is delayed beyond 31 Mar 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 FAIZ-E-RASUL PARK?
The registered promoter entity is SHAUKATALI ISMAIL GHASWALA, 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 FAIZ-E-RASUL 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 FAIZ-E-RASUL 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 FAIZ-E-RASUL PARK?
The professionals named in the filing: Architect: ARCHWAVE DESIGNS; Engineer: ARCH WAVE DESIGNS; Chartered Accountant: SDP AND COMPANY; Chartered Accountant: RSPH & Associates; Chartered Accountant: R H Pothiwal & 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 FAIZ-E-RASUL 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; 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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