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INDOSHIVA TOWER
RG-MH-22013 · RERA P53100030141 · Last updated on MahaRERA portal: 19 Aug 2024
Source: official MahaRERA filing
Red flags
- Completion date moved by 8 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 earlier projects delivered on promise
2 conditions are 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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INDOSHIVA TOWER is a Others project by INDOSHIVA CONSTRUCTION in Sangli, Maharashtra, registered with MahaRERA as P53100030141 on 31 Jul 2021. The registration is recorded completed; possession was promised by 31 Aug 2023. The completion date has moved by 8 months from the original filing. 0 of the 4 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete.
At a glance
Project
- NameINDOSHIVA TOWER
- TypeOthers
- Location
- MAHAVIR NAGAR
- VAKHARBHAG
- Sangli Miraj Kupwad (M Corp.)
- Miraj
- Sangli
- 416416
- Pincode416416
- MapView location on Google Maps (as filed on RERA)
- RERA no.P53100030141
- ReraGenie IDRG-MH-22013
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on31 Jul 2021
- Promised completion31 Aug 2023
- Revised completionRevised to 31 Aug 2023 (originally 31 Dec 2022)
- Buildings1 building record
- Documents filed23 files
Current status
Figures as on 19 Aug 2024, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| INDOSHIVA TOWER | NA | 6 | 0 | 0 | 4 | 4 |
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 19 Aug 2024, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 95%.
INDOSHIVA TOWER: 90% average across the applicable activities
| 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. | 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. | 95% |
Progress on shared amenities15
As on 19 Aug 2024, 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 | 0% |
| Landscaping & Tree Planting | Yes | 100% |
| 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 | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed5
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
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 |
|---|---|---|---|
| INDOSHIVA TOWER | NA | Rs 2.04 cr | Rs 2.04 cr |
| - | NA | Rs 10.00 lakh | Rs 10.00 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | AR VIVEK DESHPANDE |
| Engineer | DR N K PATIL |
| Chartered Accountant | GOVIND SONI S SONI |
| Chartered Accountant | R T G S & Associates LLP |
| Partner | Role in project |
|---|---|
| INDOSHIVA CONSTRUCTION | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterNew Commencement Letter Generated on 21-03-2023
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 26 Jul 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Jul 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 8 Jul 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Jul 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 19 Aug 2024
Documents filed23
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Cert_FO_367576_370DBYEmSign.pdf | 19 Aug 2024 |
| Status of ConveyanceFile: declaration deed tower 3 mb.pdf | 19 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Inventory Tower 1 MB.pdf | 12 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Indoshiva Tower Form 5.pdf | 6 Mar 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Indoshiva Tower Form 5.pdf | 6 Mar 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Indoshiva Tower Form 5.pdf | 6 Mar 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Indoshiva Tower Architect Form 1 1mb.pdf | 4 Mar 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200226430492_For_Asset_Based_Search_22_12_2021_20_04_07_006.pdf | 22 Dec 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ind Tower Steps Work complete.pdf | 4 Dec 2021 |
| Copy of the legal title reportFile: Tower Legal Report 1 MB.pdf | 26 Jul 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Tower CA certificate.pdf | 26 Jul 2021 |
| Declaration about Commencement CertificateFile: Tower Declaration about commencement certificate.pdf | 16 Jul 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Tower Architect complation of work Certificate for RERA.pdf | 14 Jul 2021 |
| Building plan approvalFile: TOWER PLAN.pdf | 8 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: TOWER PLAN.pdf | 8 Jul 2021 |
| Declaration in FORM BFile: Tower Form B affadavit.pdf | 8 Jul 2021 |
| Proforma of Allotment letterFile: Agreement Format.pdf | 8 Jul 2021 |
| Proforma of Allotment letterFile: Allotment letter.pdf | 8 Jul 2021 |
| Layout approvalFile: Nakasha Layout Aproval.pdf | 7 Jul 2021 |
| PAN CardFile: panpdf.pdf | 7 Jul 2021 |
| Details of encumbrancesFile: Details of Encumbrances.pdf | 7 Jul 2021 |
| Copy of Layout Approval (in case of layout)File: Nakasha Layout Aproval.pdf | 7 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Constructio Permission Sanction.pdf | 7 Jul 2021 |
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| INDOSHIVA PRIDE | CTS 12950 REVENUE COLONY BAPAT MALA SANGLI 416416 | 18 | Completed | Jun 2021 | Mar 2021 |
Comparing a few projects?
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How this compares with Sangli
Computed across the 790+ Sangli projects on ReraGenie, from their own filings.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 23 filed documents as one ZIP, foldered, with a manifest
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See every Sangli project, with the district possession charts
Builder: INDOSHIVA CONSTRUCTION
INDOSHIVA CONSTRUCTION has 4 registrations on MahaRERA, including INDOSHIVA PRIDE and INDOSHIVA TOWER. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Sangli district page.
Frequently asked questions
What are my rights if INDOSHIVA TOWER is delayed beyond 31 Aug 2023?
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 INDOSHIVA TOWER?
The registered promoter entity is INDOSHIVA CONSTRUCTION, a partnership as per the filing. Its GSTIN 27AAHFI3627E1ZI 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 INDOSHIVA TOWER?
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 INDOSHIVA TOWER?
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 INDOSHIVA TOWER?
The professionals named in the filing: Architect: AR VIVEK DESHPANDE; Engineer: DR N K PATIL; Chartered Accountant: GOVIND SONI S SONI; Chartered Accountant: R T G S & Associates LLP. 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 INDOSHIVA TOWER?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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