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Completed No litigation declared Residential / Group Housing project

GALAXY PLAZA

By SHIVSHAKTI ENTERPRISES

RG-MH-77476 · RERA P52800045843 · Last updated on MahaRERA portal: 11 Jun 2022

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
  • Recorded completed on MahaRERA
  • All 1 earlier projects delivered on promise

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations.

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Oct 2024Possession promisedregistration recorded completed
8 of 22Construction stages doneacross 2 buildings; furthest along: Internal walls, 20%
0Complaints at MahaRERAon this registration
Jump to the 21 documents Report an error

GALAXY PLAZA is a Residential / Group Housing project by SHIVSHAKTI ENTERPRISES in Ratnagiri, Maharashtra, registered with MahaRERA as P52800045843 on 15 Jun 2022. The registration is recorded completed; possession was promised by 31 Oct 2024.

At a glance

Project

  • NameGALAXY PLAZA
  • TypeResidential / Group Housing
  • Location
    • RATNAGIRI MAJGAON
    • KONKAN NAGAR
    • Ratnagiri
    • 415612
  • Pincode415612
  • RERA no.P52800045843
  • ReraGenie IDRG-MH-77476

Builder

  • NameSHIVSHAKTI ENTERPRISES
  • Entity typePartnership
  • PartnersNARSI KANJI PATEL, GOPAL KANJI RAMANI
  • Other registrations3 more →
  • Completed2 of 4
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

this monthRegisteredJun 2022PromisedOct 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on15 Jun 2022
  • Promised completion31 Oct 2024
  • Revised completionNone
  • Buildings2 building records
  • Documents filed21 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
GALAXY PLAZA A WINGNA60000
GALAXY PLAZA B WINGNA60000

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 building2

As on 11 Jun 2022, 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.

8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 20%.

GALAXY PLAZA A WING49%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises20%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks20%
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%
GALAXY PLAZA B WING27%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 11 Jun 2022, 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 SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes50%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingYes50%
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 SpaceYes100%
Open ParkingNoNot applicable

Parking filed2

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 slots2
Closed/Covered2
BuildingClosed/CoveredTotal
GALAXY PLAZA A WING11
GALAXY PLAZA B WING11

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 area2,072 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI2341.61
Proposed, not sanctioned2,342 sq m
Buildings approved2
Buildings sanctioned2

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 branchRATNAGIRI

Certifying professionals and partners3

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

RoleName
ArchitectMILIND R YADAV
EngineerMANOJ JOSHI
Chartered AccountantTANNA SANGOI AND ASSOCIATES
PartnerRole in project
SHIVSHAKTI ENTERPRISES-

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 5 May 2022
  2. Layout approvalOn the file

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

    uploaded 5 May 2022
  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 5 May 2022
  4. Commencement CertificateOn the file

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

    uploaded 11 Jun 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed21

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
Commencement Certificates / NA Order for plotted developmentFile: N A ORDER.pdf11 Jun 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE.pdf9 Jun 2022
Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf9 Jun 2022
Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf11 May 2022
Layout approvalFile: BUILDING PLAN 2.pdf5 May 2022
Building plan approvalFile: N A ORDER.pdf5 May 2022
Building plan approvalFile: BUILDING PLAN 1.pdf5 May 2022
Building plan approvalFile: BUILDING PLAN 2.pdf5 May 2022
Copy of the legal title reportFile: SERCH REPORT.pdf5 May 2022
Details of encumbrancesFile: NO ENCUMBEANCE CERTIFICATE.pdf5 May 2022
Copy of Layout Approval (in case of layout)File: BUILDING PLAN 2.pdf5 May 2022
Building Plan Approval / NA Order for plotted developmentFile: N A ORDER.pdf5 May 2022
Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN 1.pdf5 May 2022
Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN 2.pdf5 May 2022
Declaration about Commencement CertificateFile: COMMENCEMENT CERTIFICATE.pdf5 May 2022
Declaration in FORM BFile: FORM B.pdf5 May 2022
CERSAI detailsFile: CERSAI 1.pdf5 May 2022
CERSAI detailsFile: CERSAI 2.pdf5 May 2022
CERSAI detailsFile: CERSAI 3.pdf5 May 2022
CERSAI detailsFile: CERSAI 4.pdf5 May 2022
Proforma of Allotment letterFile: Agreement for sale.pdf5 May 2022

Promoter's earlier projects1

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.

1 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
SHIV ARCHANA APARTMENTPARAS NAGAR KHEDASHI RATNAGIRI34CompletedNov 2015Nov 2015

How this compares with Ratnagiri

15%of Ratnagiri projects moved their completion datethis one has not
30%of Ratnagiri registrations have lapsed or been cancelledthis one is completed

Computed across the 1,100+ Ratnagiri projects on ReraGenie, from their own filings.

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Other projects near KONKAN NAGAR1,100+ in Ratnagiri

Builder: SHIVSHAKTI ENTERPRISES

SHIVSHAKTI ENTERPRISES has 4 registrations on MahaRERA, including SHIV OM PLAZA and GALAXY PLAZA. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Ratnagiri district page.

Frequently asked questions

What are my rights if GALAXY PLAZA is delayed beyond 31 Oct 2024?

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 GALAXY PLAZA?

The registered promoter entity is SHIVSHAKTI ENTERPRISES, 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 GALAXY PLAZA?

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 GALAXY PLAZA?

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 GALAXY PLAZA?

The professionals named in the filing: Architect: MILIND R YADAV; Engineer: MANOJ JOSHI; Chartered Accountant: TANNA SANGOI AND 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 GALAXY PLAZA?

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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