Home / Browse projects / Thane, Maharashtra / JVM FLORENCIA
JVM FLORENCIA
By JVM REALTY
RG-MH-24616 · RERA P51700005589 · Last updated on MahaRERA portal: 5 Oct 2021
Source: official MahaRERA filing
Red flags
- Completion date moved by 36 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- 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.
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JVM FLORENCIA is a Others project by JVM REALTY in Thane, Maharashtra, registered with MahaRERA as P51700005589 on 11 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2021. The completion date has moved by 36 months from the original filing.
At a glance
Project
- NameJVM FLORENCIA
- TypeOthers
- Location
- Parkwood road
- Kasarvadavli
- Thane (M Corp.)
- Thane
- 400615
- Pincode400615
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700005589
- ReraGenie IDRG-MH-24616
Builder
- NameJVM REALTY
- Entity typePartnership
- PartnersJIGNESH ASHWIN KHILANI, BHADRESH SHANLARLAL KATIRA
- Other registrations1 more →
- Completed1 of 2
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on11 Aug 2017
- Promised completion30 Dec 2021
- Revised completionRevised to 30 Dec 2021 (originally 31 Dec 2018)
- Buildings1 building record
- Documents filed29 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| JVM FLORENCIA | NA | 8 | 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 5 Oct 2021, 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.
8 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.
JVM FLORENCIA: 73% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| 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 5 Oct 2021, 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 | 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 | 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 | Yes | 100% |
Parking filed23
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | ARCHIT CONSULTANT |
| Engineer | EPICON CONSULTANTS PVT LTD |
| Partner | Role in project |
|---|---|
| JVM REALTY | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterFlorencia project has been developed in accordance with the scheme sanctioned u/s. 20 of ULC Act. The Government of Maharashtra has recently framed rules for exemption of conditions u/s. 20 of ULC Act and further revision in the rules for levy of penalty for extension of time limit are expected in the recent future. The delay in completion of project is due to the policy issues. We are ready to obtain necessary permission at the earliest once the proposed revision in the extension policy becomes applicable. We therefore propose to extend the registration of the project for another period of 1
Reason as filed by the promoterThe Construction of the Project is fully completed . Accordingly Architect has made application for Completion Certificate on 27th April 2018 with the competent authorities stating that 100 % work has been completed . However, Occupancy Certificate is received for part of the Project on 31/05/2018. This is because full Occupancy Certificate is held up for the reason of ULC order which are as follows: 1. Government of Maharashtra has not scraped ULC Section 20,21. 2. As per our ULC order dt:02/03/2012 we were supposed to handover one flat to ULC Government of Maharashtra. 3. We have already sub
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 27 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 27 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 27 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 27 Jul 2017Confirm 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 16 Feb 2021
Documents filed29
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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Adobe Scan Sep 29, 2021 (1)_compressed.pdf | 5 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Adobe Scan Sep 29, 2021_compressed.pdf | 5 Oct 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC - Florencia.pdf | 16 Feb 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 - Florencia.pdf | 16 Feb 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Copy of florencia.pdf | 29 Dec 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Florencia (2).pdf | 23 Dec 2019 |
| Certificates of CA (Form 5)File: Form 5 Florencia.pdf | 30 Nov 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form - 1 Florencia.pdf | 8 Nov 2019 |
| Certificates of CA (Form 5)File: Form5_Florencia.pdf | 27 Dec 2018 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Certificate Florencia.pdf | 26 Dec 2018 |
| OtherFile: 0c florencia.pdf | 18 Jun 2018 |
| OtherFile: Florencia oc Plan.pdf | 18 Jun 2018 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Declaration for Florencia Soc.pdf | 26 Apr 2018 |
| Certificates of CA (Form 3)File: RERA Form 3 Florencia.pdf | 28 Jul 2017 |
| Building plan approvalFile: Florenica Building Approval Plan.pdf | 27 Jul 2017 |
| Layout approvalFile: Florenica Building Approval Plan.pdf | 27 Jul 2017 |
| PAN CardFile: PAN JVM Realty.pdf | 27 Jul 2017 |
| Copy of the legal title reportFile: Title Certificate (Florencia)121017.pdf | 27 Jul 2017 |
| Details of encumbrancesFile: No Encumbrance Declaration Florencia Final.pdf | 27 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Florenica Building Approval Plan.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: Florenica Building Approval Plan.pdf | 27 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Florencia CC 29042017.pdf | 27 Jul 2017 |
| Declaration in FORM BFile: Form B Florencia Final.pdf | 27 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architects Certificate Florenica.pdf | 27 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engineer's Certificate Florencia.pdf | 27 Jul 2017 |
| Proforma of Allotment letterFile: Allotment Letter Florencia RERA.pdf | 27 Jul 2017 |
| Proforma of Allotment letterFile: Florencia RERA Draft Agreement.pdf | 27 Jul 2017 |
| OtherFile: Authority Letter Form B Florencia Final.pdf | 27 Jul 2017 |
| OtherFile: Declaration of Parking FLORENCIA Final.pdf | 27 Jul 2017 |
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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 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 29 filed documents as one ZIP, foldered, with a manifest
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Builder: JVM REALTY
JVM REALTY has 2 registrations on MahaRERA, including JVM FLORENCIA and JVMs Equinox. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if JVM FLORENCIA is delayed beyond 30 Dec 2021?
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 JVM FLORENCIA?
The registered promoter entity is JVM REALTY, 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 JVM FLORENCIA?
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 JVM FLORENCIA?
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 JVM FLORENCIA?
The professionals named in the filing: Architect: ARCHIT CONSULTANT; Engineer: EPICON CONSULTANTS PVT LTD. 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 JVM FLORENCIA?
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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