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Completed No litigation declared Residential / Group Housing project

Golden Eye

By Kotak Sons

RG-MH-00493 · RERA P99000003915 · Last updated on MahaRERA portal: 12 Mar 2020

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

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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Feb 2019Possession promisedregistration recorded completed
0 of 22Construction stages doneacross 2 buildings; furthest along: Excavation, 0%
0Complaints at MahaRERAon this registration
Jump to the 15 documents Report an error

Golden Eye is a Residential / Group Housing project by Kotak Sons in Palghar, Maharashtra, registered with MahaRERA as P99000003915 on 6 Aug 2017. The registration is recorded completed; possession was promised by 28 Feb 2019.

At a glance

Project

  • NameGolden Eye
  • TypeResidential / Group Housing
  • Location
    • Shirgaon
    • Palghar
    • 401407
  • Pincode401407
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P99000003915
  • ReraGenie IDRG-MH-00493

Builder

  • NameKotak Sons
  • Entity typeOthers
  • PartnersPradeep Kisandas Kotak, Manisha Pradeep Kotak, Madhoor Pradeep Kotak, Dolly Madhoor Kotak
  • Named personPradeep Kotak
  • Other registrations2 more →
  • Completed2 of 3
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects3 →

Key dates

this monthRegisteredAug 2017PromisedFeb 2019Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on6 Aug 2017
  • Promised completion28 Feb 2019
  • Revised completionNone
  • Buildings2 building records
  • Documents filed15 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
2NA50000
8NA50000

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 12 Mar 2020, 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 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 0%.

20%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
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%
80%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
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 12 Mar 2020, 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 & FootpathsYes20%
Water SupplyYes15%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed36

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 slots36
Closed/Covered16
Open Space20
BuildingClosed/CoveredOpen SpaceTotal
211011
8151025

Land and ownership4

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.

Land area11,000 sq m
Land owned byThe promoter, with other names on the file
Named landowners4
LandownerVillageDistrict
Madhoor P KotakShirgaon Palghar
Pradeep K KotakShirgaon Palghar
Manisha P KotakShirgaon Palghar
Dolly M KotakShirgaon Palghar

Approvals and building plan

Permissible FSI2474.76
Proposed, not sanctioned2,475 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 branchSatyam commercial complex ground floor palghar 401404

Certifying professionals and partners1

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

RoleName
ArchitectVijay gangutulla
PartnerRole in project
Kotak Sons-

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 27 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 27 Jul 2017
  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 27 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 5 Apr 2018Confirm 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 filed15

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
Architect’s Certificate on Completion of Project (Form 4)File: Architect Cert bldg 8.pdf12 Mar 2020
Commencement Certificates / NA Order for plotted developmentFile: Collector Letter Revised.pdf5 Apr 2018
Declaration in FORM BFile: DECLARATION AFFIDAVIT -.pdf3 Aug 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE FOR RERA.pdf28 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE .pdf28 Jul 2017
Certificates of CA (Form 3)File: CA CERTIFICATE.pdf28 Jul 2017
Layout approvalFile: Collector Approved Layout.pdf27 Jul 2017
Building plan approvalFile: compressed_COLLECTOR APPROVED LETTER - GOLDEN EYE3.pdf27 Jul 2017
Copy of the legal title reportFile: Title Report - Golden Eye.pdf27 Jul 2017
Details of encumbrancesFile: Kotak Builders - Mortgage Loan.pdf27 Jul 2017
Copy of Layout Approval (in case of layout)File: Collector Approved Layout.pdf27 Jul 2017
Building Plan Approval (IOD)File: compressed_COLLECTOR APPROVED LETTER - GOLDEN EYE3.pdf27 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: compressed_COLLECTOR APPROVED LETTER - GOLDEN EYE3.pdf27 Jul 2017
Proforma of Allotment letterFile: Agreement For Sale - Golden Eye - PDF.pdf27 Jul 2017
PAN CardFile: Pancardjpg.pdf15 May 2017

Promoter's earlier projects3

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 promise2 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Kotak Royalep9900001714194/1 125/1, Tembhode Road, Tembhode, Palghar , Palghar, Palghar, 401404, MAHARASHTRA-Certificate SignedMay 2025May 2025
Kotak EnterpriseChunabhatti new satpati road satpati shirgoan 40140746CompletedNov 2014Late, Feb 2015
Kotak PropertiesChunabhatti New Satpati Road Shirgoan Palghar West 401407120CompletedMay 2013Late, Sep 2013

How this compares with Palghar

31%of Palghar projects moved their completion datethis one has not
26%of Palghar registrations have lapsed or been cancelledthis one is completed

Computed across the 3,200+ Palghar projects on ReraGenie, from their own filings.

Free monthly report: Vasai-Virar and Palghar on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Shirgaon3,200+ in Palghar

2 kmGolden EyeCompleted 5Lapsed / revoked 7Other 8Dot size: filed unitsN

Filed coordinates, straight-line distance. 20 registered projects within 2 km.

Builder: Kotak Sons

Kotak Sons has 3 registrations on MahaRERA, including Golden Eye and Kotak Royale. Its filings disclose 3 earlier MahaRERA projects: declares 1 of 3 past projects completed on time. Read the full track record. See more projects on the Palghar district page.

Frequently asked questions

What are my rights if Golden Eye is delayed beyond 28 Feb 2019?

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 Golden Eye?

The registered promoter entity is Kotak Sons, an others 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 Golden Eye?

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 Golden Eye?

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 Golden Eye?

The professionals named in the filing: Architect: Vijay gangutulla. 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 Golden Eye?

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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