Home / Browse projects / Nagpur, Maharashtra / IKON GRAND
IKON GRAND
RG-MH-03777 · RERA P50500031512 · Last updated on MahaRERA portal: 1 Feb 2025
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.
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IKON GRAND is a Others project by IKON BUILDCON in Nagpur, Maharashtra, registered with MahaRERA as P50500031512 on 25 Oct 2021. The registration is recorded completed; possession was promised by 31 Aug 2024.
At a glance
Project
- NameIKON GRAND
- TypeOthers
- Location
- Rathod Layout
- Zingabai Takli
- Nagpur (M Corp.)
- Nagpur (Urban)
- Nagpur
- 440030
- Pincode440030
- RERA no.P50500031512
- ReraGenie IDRG-MH-03777
Builder
- NameIKON BUILDCON
- Entity typePartnership
- PartnersMUSTAFA ALI SHABBAR HASSONJEE, HASNAIN SARFARAZ HUSSAIN, ZAINAB HUSAIN GULZAR
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on25 Oct 2021
- Promised completion31 Aug 2024
- Revised completionNone
- Buildings1 building record
- Documents filed53 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| IKON GRAND | NA | 7 | 0 | 0 | 0 | 0 |
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 1 Feb 2025, 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.
11 of 11 construction stages are filed complete.
IKON GRAND: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 1 Feb 2025, 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| 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 | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed1
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.
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.
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.
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 | HUSAIN KARORI |
| Architect | NARAYAN PALSAPURE |
| Engineer | HUSAIN KARORI |
| Engineer | NARAYAN PALSAPURE |
| Chartered Accountant | Ali Hatim Husain |
| Partner | Role in project |
|---|---|
| IKON BUILDCON | - |
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 15 Sep 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Oct 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 16 Sep 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Sep 2021Confirm the Commencement Certificate covers the specific floor you are buying. - 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 3 Aug 2023
Documents filed53
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.
| Document | Uploaded |
|---|---|
| Status of Formation of Legal Entity (Society/Co Op etc.)File: idfc first bank.pdf | 1 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: bookings dec-23.pdf | 12 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ikon - arch cert- apr23.pdf | 30 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ikon - engg cert- apr23.pdf | 30 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: ikon ca cert apr23.pdf | 30 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: buildcon annexure F form5.pdf | 21 Sep 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Architect certificate ikon buildcon.pdf | 11 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Quality Assurance Certificate Form 2A- IKON GRAND.pdf | 5 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: bookings June23.pdf | 5 Aug 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupancy Certificate - Ikon Grand.pdf | 3 Aug 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Quality Assurance Certificate Form 2A- IKON GRAND.pdf | 28 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: mar23 booked inventory.pdf | 24 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE DEC-22 IKON BUILDCON.pdf | 16 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE DEC22 IKON BUILDCON.pdf | 16 Feb 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: form 2A Quality assurance cert.pdf | 16 Feb 2023 |
| Disclosure of sold/ booked inventoryFile: BOOKING DEC-22 IKON BUILDCON.pdf | 16 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE DEC-22 IKON BUILDCON.pdf | 16 Feb 2023 |
| Proforma of Agreement for saleFile: Agreement for Sale - Ikon Grand - Mustafa - Rera Draft - 30-04-2021.pdf | 16 Feb 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: C A CERTIFICATE TARUN SAWAL-1.pdf | 30 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: IKON BUILDCON CA CERTIFICATE SEPT22.pdf | 21 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: IKON BUILDCON ARCHITECT CERTIFICATE SEPT22.pdf | 13 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: IKON BUILDCON ENGINEER CERTIFICATE SEPT22.pdf | 13 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Sept.pdf | 20 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT'S CERTIFICATEPDF_220929_131931-1.pdf | 10 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER'S CERTIFICATEPDF_220929_131958-1.pdf | 10 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar Cer_compressed.pdf | 30 Jun 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Er Cr_compressed.pdf | 30 Jun 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE IKON BUILDCON_compressed.pdf | 30 Jun 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Ikon Grand Form 2A.pdf | 4 May 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT'S CERTIFICATE Ikon Grand.PDF | 19 Mar 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER'S CERTIFICATE Ikon Grand.PDF | 19 Mar 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Ikon Grand_compressed.pdf | 19 Mar 2022 |
| Layout approvalFile: Layout Plan - Ikon Grand.pdf | 18 Oct 2021 |
| Layout approvalFile: Layout Plan - Ikon Grand - 2.pdf | 18 Oct 2021 |
| Copy of Layout Approval (in case of layout)File: Layout Plan - Ikon Grand.pdf | 18 Oct 2021 |
| Copy of Layout Approval (in case of layout)File: Layout Plan - Ikon Grand - 2.pdf | 18 Oct 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Building Permit - Ikon Grand -.pdf | 17 Sep 2021 |
| Declaration in FORM BFile: Form B - Declaration - Ikon Grand.pdf | 17 Sep 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate - Ikon Grand.pdf | 17 Sep 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate - Ikon Grand.pdf | 17 Sep 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate - RERA - Form-3 - Ikon Grand.pdf | 17 Sep 2021 |
| Proforma of Allotment letterFile: Allotment letter - Ikon Grand.pdf | 17 Sep 2021 |
| Proforma of Allotment letterFile: Agreement for Sale - Rera Draft - Ikon Grand.pdf | 17 Sep 2021 |
| OtherFile: Amalgamation Letter - Ikon Grand.pdf | 17 Sep 2021 |
| OtherFile: Clubbing of Plots - Map NMC - Ikon Grand.pdf | 17 Sep 2021 |
| OtherFile: Corporation Tax Receipt - - Ikon Grand.pdf | 17 Sep 2021 |
| OtherFile: RL Letter - Ikon Grand.pdf | 17 Sep 2021 |
| Building plan approvalFile: Sanctioned Building Plan - Ikon Grand.pdf | 16 Sep 2021 |
| PAN CardFile: PAN - Ikon Buildcon.pdf | 16 Sep 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanctioned Building Plan - Ikon Grand.pdf | 16 Sep 2021 |
| Declaration about Commencement CertificateFile: Form D - Ikon Grand.pdf | 16 Sep 2021 |
| Copy of the legal title reportFile: Search Ikon Grand - Rera Format.PDF | 15 Sep 2021 |
| Details of encumbrancesFile: No Encumbrance Certificate - Ikon Grand.pdf | 15 Sep 2021 |
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Builder: IKON BUILDCON
IKON BUILDCON has 1 registration on MahaRERA, including IKON GRAND. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nagpur district page.
Frequently asked questions
What are my rights if IKON GRAND is delayed beyond 31 Aug 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 IKON GRAND?
The registered promoter entity is IKON BUILDCON, 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 IKON GRAND?
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 IKON GRAND?
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 IKON GRAND?
The professionals named in the filing: Architect: HUSAIN KARORI; Architect: NARAYAN PALSAPURE; Engineer: HUSAIN KARORI; Engineer: NARAYAN PALSAPURE; Chartered Accountant: Ali Hatim Husain. 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 IKON GRAND?
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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