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Registered No litigation declared Residential / Group Housing project

IDEAL ELITE

By IDEAL PROPERTIES

RG-MH-00209 · RERA PR1150002502143 · Last updated on MahaRERA portal: 16 May 2026

Source: official MahaRERA filing

Red flags

  • Allotment letter deviates from the model form

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared

1 condition is 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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Dec 2028Possession promisedno revision filed
0 of 22Construction stages doneacross 2 buildings; furthest along: Excavation, 70%
79 of 84Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 8 documents Report an error

IDEAL ELITE is a Residential / Group Housing project by IDEAL PROPERTIES in Kolhapur, Maharashtra, registered with MahaRERA as PR1150002502143 on 21 Jan 2026. Possession is promised by 31 Dec 2028. 5 of the 84 units on this registration are recorded sold or booked, and 0 of 22 construction stages are filed complete.

At a glance

Project

  • NameIDEAL ELITE
  • TypeResidential / Group Housing
  • Location
    • Shantiniketan School
    • Road
    • Morewadi
    • Morewadi (CT)
    • Karvir
    • Kolhapur
    • 416013
  • Pincode416013
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR1150002502143
  • ReraGenie IDRG-MH-00209

Builder

  • NameIDEAL PROPERTIES
  • Entity typePartnership
  • GSTIN27AALFI0409C1ZS
  • PartnersATUL DATTATRAY POWAR, NIRMAL VINOD LOHIA
  • Other registrations3 more →
  • No longer live3 lapsed, de-registered or revoked

Key dates

this monthRegisteredJan 2026PromisedDec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on21 Jan 2026
  • Promised completion31 Dec 2028
  • Revised completionNone
  • Buildings2 building records
  • Documents filed8 files

Current status

6%5 of 84 units booked
3.8%Work done, per cost certificate

Figures as on 16 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AA9749049
BB8635035

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 16 May 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.

0 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 70%.

A · wing A6%
ActivityProgress
Excavation70%
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%
B · wing B5%
ActivityProgress
Excavation60%
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 16 May 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 facilityProposedProgress
Internal Roads & FootpathsNo0%
Water SupplyNo0%
Sewerage (Chamber, Lines, Septic Tank , STP)No0%
Storm Water DrainsNo0%
Landscaping & Tree PlantingNo0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNo0%
Energy managemcntNo0%
Fire protection and fire safety requirementsNo0%
Electrical meter room, sub-station, receiving stationNo0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed218

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 slots218
Stilt / Ground102
Basement116
BuildingStilt / GroundBasementTotal
A A404989
B B6267129

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.

Land area3,316 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on13 Jan 2026

Approvals and building plan

Sanctioning authorityKolhapur Urban Area Development Authority
Permissible FSI8500.0
Proposed, not sanctioned7,746 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 branchTHE RATNAKAR BANK LTD,SHOP NO.6,7& 8,SIDHIVINAYAK APPARTMAENT, NEAR VIJAYRAJ HOTEL,TARABAI PARK,KOLHAPUR-416003
Estimated costRs 18.75 cr
Cost incurredRs 70.36 lakh
Work done3.75%
BuildingWingEstimatedIncurred
AARs 9.10 crRs 35.18 lakh
BBRs 9.10 crRs 35.18 lakh
-NARs 54.60 lakh-

Certifying professionals and partners5

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

RoleName
ArchitectGAP Associate
EngineerAniket Jaysing Bhalkar
Chartered AccountantHAIDAR MUJAWAR & ASSOCIATES
Chartered AccountantGVM AND ASSOCIATES
Chartered AccountantMS. KEDAR HASABNIS & CO CHARTERD ACCOUNTANTS
PartnerRole in project
IDEAL PROPERTIES-

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 reportNot on the file

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

  2. Layout approvalOn the file

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

    uploaded 11 Oct 2025
  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 12 Dec 2025
  4. Commencement CertificateNot on the file

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

  5. 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 Dec 2028

Documents filed8

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
Withdrawal Update Form 1File: Architect Certificate 31032026 Ideal Elite.pdf16 May 2026
Withdrawal Update Form 2File: Form 2 Engineer Certificate Ideal Elite.pdf16 May 2026
Withdrawal Update Form 3File: FORM 3 CA Certificate - Ideal Elite 25042026.pdf16 May 2026
Building plan approvalFile: SANCTION PLAN - Ideal Properties.pdf12 Dec 2025
Declaration and undertaking (Annexure A)File: Declaration-cum-undertaking - ANNEXURE -A.pdf24 Nov 2025
Building plan approvalFile: Sanctioned PLAN for Ideal Properties dsc.pdf3 Nov 2025
Layout approvalFile: Layout Plan - Morewadi.PDF11 Oct 2025
Building plan approval or NA orderFile: NA Order - 31-2, 31-3, 31-1-4..pdf11 Oct 2025

How this compares with Kolhapur

6%of this project is bookeddistrict median 19%
17%of Kolhapur projects moved their completion datethis one has not
25%of Kolhapur registrations have lapsed or been cancelledthis one is on the register

Computed across the 880+ Kolhapur projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Morewadi880+ in Kolhapur

2 kmIDEAL ELITECompleted 10Lapsed / revoked 5Other 15Dot size: filed unitsN

Filed coordinates, straight-line distance. 30 registered projects within 2 km.

Builder: IDEAL PROPERTIES

IDEAL PROPERTIES has 4 registrations on MahaRERA, including BALAJI VISHWA BUILDING C and IDEAL RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Kolhapur district page.

Frequently asked questions

What are my rights if IDEAL ELITE is delayed beyond 31 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 IDEAL ELITE?

The registered promoter entity is IDEAL PROPERTIES, a partnership as per the filing. Its GSTIN 27AALFI0409C1ZS can be cross-checked on the MCA and GST portals. 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 IDEAL ELITE?

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 IDEAL ELITE?

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 IDEAL ELITE?

The professionals named in the filing: Architect: GAP Associate; Engineer: Aniket Jaysing Bhalkar; Chartered Accountant: HAIDAR MUJAWAR & ASSOCIATES; Chartered Accountant: GVM AND ASSOCIATES; Chartered Accountant: MS. KEDAR HASABNIS & CO CHARTERD ACCOUNTANTS. 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 IDEAL ELITE?

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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