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Completed No litigation declared Residential / Group Housing project

JAL SRUSHTI

By KARAD CITY ENTERPRISE PRIVATE LIMITED

RG-MH-89028 · RERA P52700019323 · Last updated on MahaRERA portal: 19 May 2025

Source: official MahaRERA filing

Red flags

  • 1 extension taken
  • Rs 0.13 crore secured on the land, in favour of KARAD CITY ENTERPRISE

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

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.

See what the report covers Free either way: or have every new Satara registration emailed to you, free during the pilot beta.
Oct 2023Possession promisedregistration recorded completed
6 of 22Construction stages doneacross 2 buildings; furthest along: Slabs of Super Structure, 83%
0Complaints at MahaRERAon this registration
Jump to the 59 documents Report an error

JAL SRUSHTI is a Residential / Group Housing project by KARAD CITY ENTERPRISE PRIVATE LIMITED in Satara, Maharashtra, registered with MahaRERA as P52700019323 on 23 Jan 2019. The registration is recorded completed; possession was promised by 30 Oct 2023.

At a glance

Project

  • NameJAL SRUSHTI
  • TypeResidential / Group Housing
  • Location
    • Shaniwar Peth
    • Patan Colony
    • Karad (M Cl)
    • Karad
    • Satara
    • 415110
  • Pincode415110
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52700019323
  • ReraGenie IDRG-MH-89028

Builder

  • NameKARAD CITY ENTERPRISE PRIVATE LIMITED
  • Entity typeCompany
  • CINU45309PN2018PTC179385
  • DirectorsRavindra Ramrao Patil, Ruturaj Dhairyasheel Ingle, Sourabh Dwarkoji Patil, Yashomati Dhairyasheel Ingle, Bhausaheb Baburao Thorat

Key dates

this monthRegisteredJan 2019PromisedOct 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on23 Jan 2019
  • Promised completion30 Oct 2023
  • Revised completionNone
  • Buildings2 building records
  • Documents filed59 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Wing ANA60000
WING BNA70000

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 19 May 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.

6 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Slabs of Super Structure, at 83%.

Wing A61%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor80%
Slabs of Super Structure83%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises70%
Sanitary Fittings within the flats / premises30%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.70%
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.10%
WING B61%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor80%
Slabs of Super Structure83%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises70%
Sanitary Fittings within the flats / premises30%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.70%
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.10%

Progress on shared amenities16

As on 19 May 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable
LIFTYes0%

Parking filed77

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 slots77
Closed/Covered77
BuildingClosed/CoveredTotal
Wing A4949
WING B2828

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area1,615 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofKARAD CITY ENTERPRISE
Secured amountRs 0.13 crore
CERSAI search filedYes
Declared on30 Sep 2024

Approvals and building plan

Sanctioning authorityTOWN PLANNING AUTHORITY KARAD MUNICIPAL KARAD
Permissible FSI1936.71
Proposed, not sanctioned1,937 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 branchTP sch no 1 Survey no 107 Opp Cottage Hospital Station road Budhwar Peth Karad 415110

Certifying professionals and partners6

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

RoleName
ArchitectRITESH DILIP SHAH
ArchitectGAURAV NANDKUMAR PAWAR
EngineerDhananjay Mohanrao Deshmukh
EngineerRANJIT VISHNU SURVE
Chartered AccountantKMSS & ASSOCIATES
Chartered AccountantSMEET SHAH
PartnerRole in project
KARAD CITY ENTERPRISE PRIVATE LIMITED-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52700017480Oct 2023 → Oct 2024

Reason as filed by the promoterWe the Karad City Enterprises Pvt. Ltd have registered our MahaRERA project named “JAL SRUSHTI” at final plot no. 595, Shaniwar Peth, Karad, 415110 with project registration number. P52700019323 dated 23/01/2019 to 31/10/2023. Further extended by MahaRERA authority till 30/10/2024 suo moto. Now new floor permission grantedby Nagarpalika hence need to update project details

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 17 Jan 2019
  2. Layout approvalOn the file

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

    uploaded 17 Jan 2019
  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 17 Jun 2023
  4. Commencement CertificateOn the file

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

    uploaded 17 Jun 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 13 Nov 2024

Documents filed59

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 of Percentage of Completion of Work (Form 1)File: FORM 1 31 03 2025.pdf19 May 2025
Certificates of CA (Form 3)File: FORM 3 31 03 2025.pdf19 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 31 03 2025.pdf19 May 2025
Disclosure of sold/ booked inventoryFile: SOLD UNSOLD 31 03 2025.pdf19 May 2025
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Architect Certificate.pdf13 Nov 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION CERTIFICATE.pdf13 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: karad city form 5 signed.pdf17 Oct 2024
Certificates of CA (Form 3)File: form 3.pdf14 Oct 2024
Form 5 (FY 2023-2024)4 Oct 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Nagarpalika Part Complition B Wing.pdf20 Feb 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM5310323.pdf6 Nov 2023
Building plan approvalFile: plan 1.pdf17 Jun 2023
Building plan approvalFile: plan 2.pdf17 Jun 2023
Building plan approvalFile: plan 3.pdf17 Jun 2023
Building plan approvalFile: plan 4.pdf17 Jun 2023
Details of encumbrancesFile: Encumbarance certificate.pdf17 Jun 2023
Building Plan Approval (IOD)File: plan 1.pdf17 Jun 2023
Building Plan Approval (IOD)File: plan 2.pdf17 Jun 2023
Building Plan Approval (IOD)File: plan 3.pdf17 Jun 2023
Building Plan Approval (IOD)File: plan 4.pdf17 Jun 2023
Commencement Certificates / NA Order for plotted developmentFile: nagarpalika permition 2022-min.pdf17 Jun 2023
Declaration in FORM BFile: FORM B.pdf17 Jun 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf17 Jun 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf17 Jun 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: form 2 A.pdf17 Jun 2023
Certificates of CA (Form 3)File: FORM3.pdf17 Jun 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: disclosure of interest.pdf17 Jun 2023
Details of encumbrances concerned to FinanceFile: CERSAI REPORT.pdf25 Mar 2023
Details of encumbrances concerned to LegalFile: CERSAI REPORT.pdf25 Mar 2023
Declaration about Commencement CertificateFile: Declaration form Jal Srushti.pdf25 Mar 2023
CERSAI detailsFile: CERSAI REPORT.pdf25 Mar 2023
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD.pdf25 Mar 2023
Proforma of Agreement for saleFile: Model Agreement to sale Jal Srushti.pdf25 Mar 2023
Proforma of Allotment letterFile: Performa of allotment letter Jal Srushti.pdf25 Mar 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: FORMAT_A_DECLARATION SEPARATE BANK ACCOUNT.pdf25 Mar 2023
Deviation Report with respect to Allotment letterFile: No deviation Allotment.pdf25 Mar 2023
Deviation Report with respect to model copy of AgreementFile: No deviation Sale.pdf25 Mar 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf22 Mar 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf22 Mar 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form-5submission.pdf23 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5 21-22.pdf24 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Final Form 5 New.pdf16 Nov 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Karad City Rera Audit report.pdf30 Oct 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf30 Sep 2019
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGG CERTIFICATE.pdf30 Sep 2019
Annual Audit Report of Statutory CA (Form 5)File: Form 5- Final Smit Shah.pdf30 Sep 2019
Building plan approvalFile: building plan blue print.pdf17 Jan 2019
Layout approvalFile: building plan blue print.pdf17 Jan 2019
PAN CardFile: COMPANY PAN.pdf17 Jan 2019
Copy of the legal title reportFile: Search Report.pdf17 Jan 2019
Details of encumbrancesFile: No Encumbarance certificate.pdf17 Jan 2019
Copy of Layout Approval (in case of layout)File: building plan blue print.pdf17 Jan 2019
Building Plan Approval (IOD)File: building plan blue print.pdf17 Jan 2019
Commencement Certificates / NA Order for plotted developmentFile: building permission new.pdf17 Jan 2019
Declaration in FORM BFile: Form B.pdf17 Jan 2019
Certificates of CA (Form 3)File: CA certificate.pdf17 Jan 2019
Proforma of Allotment letterFile: Draft Agreement to sale.pdf17 Jan 2019
Status of Formation of Legal Entity (Society/Co Op etc.)File: CERTIFICATE OF INCORPORATION-1.pdf17 Jan 2019
OtherFile: sale deed.pdf17 Jan 2019

How this compares with Satara

16%of Satara projects moved their completion datethis one has not
35%of Satara registrations have lapsed or been cancelledthis one is completed

Computed across the 1,100+ Satara projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Patan Colony1,100+ in Satara

2 kmJAL SRUSHTICompleted 13Lapsed / revoked 9Other 13Dot size: filed unitsN

Filed coordinates, straight-line distance. 35 registered projects within 2 km.

Builder: KARAD CITY ENTERPRISE PRIVATE LIMITED

KARAD CITY ENTERPRISE PRIVATE LIMITED has 1 registration on MahaRERA, including JAL SRUSHTI. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Satara district page.

Frequently asked questions

What are my rights if JAL SRUSHTI is delayed beyond 30 Oct 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 JAL SRUSHTI?

The registered promoter entity is KARAD CITY ENTERPRISE PRIVATE LIMITED, a company as per the filing. Its CIN U45309PN2018PTC179385 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 JAL SRUSHTI?

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 JAL SRUSHTI?

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 JAL SRUSHTI?

The professionals named in the filing: Architect: RITESH DILIP SHAH; Architect: GAURAV NANDKUMAR PAWAR; Engineer: Dhananjay Mohanrao Deshmukh; Engineer: RANJIT VISHNU SURVE; Chartered Accountant: KMSS & ASSOCIATES; Chartered Accountant: SMEET SHAH. 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 JAL SRUSHTI?

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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