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ISHANYA TRADE CENTRE
RG-MH-08331 · RERA P51500019186 · Last updated on MahaRERA portal: 11 Dec 2024
Source: official MahaRERA filing
Red flags
- 1 extension taken
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
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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ISHANYA TRADE CENTRE is a Commercial project by ARIHANT VIYAAN VENTURES in Aurangabad, Maharashtra, registered with MahaRERA as P51500019186 on 9 Jan 2019. The registration is recorded completed; possession was promised by 30 Dec 2023.
At a glance
Project
- NameISHANYA TRADE CENTRE
- TypeCommercial
- Location
- PLOT NO 1
- GUT NO 102 AND 103 JALNA ROAD
- SHENDRA JAHANGIR
- Aurangabad (M Corp.)
- Aurangabad
- 431136
- Pincode431136
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51500019186
- ReraGenie IDRG-MH-08331
Builder
- NameARIHANT VIYAAN VENTURES
- Entity typePartnership
- PartnersABHIJIT BHASKARRAO DESHMUKH, SAGAR DNYANESHWAR GHULE, SHITALKUMAR PRADIPKUMAR KASLIWAL
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on9 Jan 2019
- Promised completion30 Dec 2023
- Revised completionNone
- Buildings1 building record
- Documents filed35 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| ISHANYA TRADE CENTRE | 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 11 Dec 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.
11 of 11 construction stages are filed complete.
ISHANYA TRADE CENTRE: 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 amenities18
As on 11 Dec 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| 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 | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 100% |
| COMMON TOILETS | Yes | 100% |
| COMMON LIFTS | Yes | 100% |
| CENTRAL OPEN TO SKY COURTYARD | Yes | 100% |
Parking filed18
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 ownership5
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.
| Landowner | Village | District |
|---|---|---|
| SANDESH RAJENDRA DESARDA | Aurangabad (M Corp.) | Aurangabad |
| RAJENDRA GHEVARCHAND DESARDA | Aurangabad (M Corp.) | Aurangabad |
| SAMEER RAMANLAL BHANDARI | Aurangabad (M Corp.) | Aurangabad |
| PRAMOD PRALHADRAO RATHOD | Aurangabad (M Corp.) | Aurangabad |
| AMIT MANGESH KULKARNI | Aurangabad (M Corp.) | Aurangabad |
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | MANOJ KALA |
| Partner | Role in project |
|---|---|
| ARIHANT VIYAAN VENTURES | - |
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 promoterEventhough there was Hit of COVID-19, for completion of the Project, the Project is 90% complete and we have also applied for Completion Certificate/Occupancy Certificate to the Competent Authority but the verification and other procedure takes atleast six months. Hence we sought extention for less than 1 year to be approved by your goodself
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 19 Dec 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Dec 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 29 Dec 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 29 Dec 2018Confirm 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 11 Dec 2024
Documents filed35
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 11 Dec 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupancy.pdf | 11 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: ITC Booked Dec-23.pdf | 24 Feb 2024 |
| Certificates of CA (Form 3)File: ARIHANT VIYAN VENTURES_compressed (1).pdf | 19 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: Fin Enc.pdf | 17 Feb 2024 |
| Details of encumbrances concerned to LegalFile: Fin Enc.pdf | 17 Feb 2024 |
| Declaration about Commencement CertificateFile: Format D.pdf | 17 Feb 2024 |
| Declaration in FORM BFile: FORM B AFFIDAVIT CUM DECLARATION OF RERA - ITC.pdf | 17 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 ARCHITECT CERTIFICATE FOR RERA - ITC.pdf | 17 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 2024 ENGINEER CERTIFICATE FOR RERA - ITC.pdf | 17 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2 A 2019-20 ENGINEER CERTIFICATE FOR RERA - ITC.pdf | 17 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2 A 2020-21 ENGINEER CERTIFICATE FOR RERA - ITC (1).pdf | 17 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A 2021-22 ENGINEER CERTIFICATE FOR RERA - ITC (1).pdf | 17 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A 22-23 ENGINEER CERTIFICATE FOR RERA - ITC (1).pdf | 17 Feb 2024 |
| CERSAI detailsFile: CERSAI DECLARATION.pdf | 17 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM NO 5 18-19 FOR RERA - ITC.pdf | 17 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM NO 5 19-20 FOR RERA - ITC.pdf | 17 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM NO 5 20-21 FOR RERA - ITC.pdf | 17 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM NO 5 21-22 FOR RERA - ITC.pdf | 17 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM NO 5 22-23 FOR RERA - ITC.pdf | 17 Feb 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A Bank.pdf | 17 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: 1 Details of encumbrances.pdf | 17 Jan 2024 |
| Details of encumbrances concerned to LegalFile: 1 Details of encumbrances.pdf | 17 Jan 2024 |
| Proforma of Agreement for saleFile: model-agreement.pdf | 17 Jan 2024 |
| Layout approvalFile: LAYOUT PLAN.pdf | 29 Dec 2018 |
| Building plan approvalFile: BULDING PLAN FINAL.pdf | 29 Dec 2018 |
| Copy of Layout Approval (in case of layout)File: LAYOUT PLAN.pdf | 29 Dec 2018 |
| Building Plan Approval (IOD)File: BULDING PLAN FINAL.pdf | 29 Dec 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: PERMISION NEW.pdf | 29 Dec 2018 |
| Declaration in FORM BFile: ARIHANT VIYAAN Vikram Bohra.pdf | 20 Dec 2018 |
| Proforma of Allotment letterFile: model-agreement.pdf | 20 Dec 2018 |
| PAN CardFile: Arihant viyan pan.pdf | 19 Dec 2018 |
| Copy of the legal title reportFile: search report.pdf | 19 Dec 2018 |
| Details of encumbrancesFile: search report.pdf | 19 Dec 2018 |
| Certificates of CA (Form 3)File: CA CERTIFICATE.pdf | 19 Dec 2018 |
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- All 35 filed documents as one ZIP, foldered, with a manifest
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Builder: ARIHANT VIYAAN VENTURES
ARIHANT VIYAAN VENTURES has 1 registration on MahaRERA, including ISHANYA TRADE CENTRE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Aurangabad district page.
Frequently asked questions
What are my rights if ISHANYA TRADE CENTRE is delayed beyond 30 Dec 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 ISHANYA TRADE CENTRE?
The registered promoter entity is ARIHANT VIYAAN VENTURES, 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 ISHANYA TRADE CENTRE?
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 ISHANYA TRADE CENTRE?
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 ISHANYA TRADE CENTRE?
The professionals named in the filing: Architect: MANOJ KALA. 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 ISHANYA TRADE CENTRE?
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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