Home / Browse projects / Solapur, Maharashtra / Kaizen Emerald
Kaizen Emerald
RG-MH-18895 · RERA P52600077841 · Last updated on MahaRERA portal: 16 Sep 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 21 months
- 2 extensions 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
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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Kaizen Emerald is a Residential / Group Housing project by Swapnil Nalin Kothadia in Solapur, Maharashtra, registered with MahaRERA as P52600077841 on 7 Nov 2024. Possession is promised by 31 Dec 2027. The completion date has moved by 21 months from the original filing. 5 of the 28 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.
At a glance
Project
- NameKaizen Emerald
- TypeResidential / Group Housing
- Location
- Dhaneshwari Nagar
- Solapur (M Corp.)
- Solapur North
- Solapur
- 413001
- Pincode413001
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52600077841
- ReraGenie IDRG-MH-18895
Builder
- NameSwapnil Nalin Kothadia
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on7 Nov 2024
- Promised completion31 Dec 2027
- Revised completionRevised to 31 Dec 2027 (originally 31 Mar 2026)
- Buildings1 building record
- Documents filed74 files
Current status
Figures as on 16 Sep 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Kaizen Emrald | NA | 9 | 7 | 28 | 0 | 28 |
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 16 Sep 2026, 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.
5 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 90%.
Kaizen Emrald: 54% 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 | 90% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 16 Sep 2026, 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed44
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.
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 | Zeeshan Mundewadi |
| Engineer | Saqlain Shaikh |
| Chartered Accountant | Murtuza Holawala |
| Chartered Accountant | Huzaifa S Sanawadwala |
| Partner | Role in project |
|---|---|
| Swapnil Nalin Kothadia | - |
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 promoterNA
Reason as filed by the promoterWe, Swapnil Nalin Kothadia, are promoter of the project Kaizen Emerald, registered under MahaRERA vide registration number P52600077841. Sir the foresaid project was projected to be completed by 31/07/2026 but due to lesser response in bookings and technical problems raised in the project the project is now bound to be delayed. The project till date is about 50% completed which is also certified by the project architect in form 1 uploaded in MahaRERA portal. Currently out of total 28 units in the project, we have sold 05 units. Out of which 03 have already given their consent for extension of
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 12 Oct 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 12 Oct 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 12 Oct 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Oct 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2027
Documents filed74
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 |
|---|---|
| Form 1File: Form 1.pdf | 16 Sep 2026 |
| Form 2File: Form 2.pdf | 16 Sep 2026 |
| Form 3File: Form 3.pdf | 16 Sep 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory .pdf | 16 Sep 2026 |
| Form 5 (FY 2024-2025)File: Form 5 2425.pdf | 18 May 2026 |
| Form 5 (FY 2025-2026)File: Form 5 2526.pdf | 18 May 2026 |
| Form 1File: Form 1.pdf | 16 May 2026 |
| Form 2File: Form 2.pdf | 16 May 2026 |
| Form 3File: Form 3 - CA Kaizen Q425 FY 202526.pdf | 16 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Disclosure Q42526.pdf | 16 May 2026 |
| Form 1File: Form 1.pdf | 16 May 2026 |
| Form 2File: Form 2.pdf | 16 May 2026 |
| Form 3File: Form 3 - CA Kaizen Q425 FY 202526.pdf | 16 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Disclosure Q42526.pdf | 16 May 2026 |
| Form 1File: Form 1.pdf | 16 May 2026 |
| Form 2File: Form 2.pdf | 16 May 2026 |
| Form 3File: Form 3 - CA Kaizen Q425 FY 202526.pdf | 16 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Disclosure Q42526.pdf | 16 May 2026 |
| Form 1File: Form 1.pdf | 16 May 2026 |
| Form 2File: Form 2.pdf | 16 May 2026 |
| Form 3File: Form 3 - CA Kaizen Q425 FY 202526.pdf | 16 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Disclosure Q42526.pdf | 16 May 2026 |
| Form 1File: Form 1.pdf | 16 May 2026 |
| Form 2File: Form 2.pdf | 16 May 2026 |
| Form 3File: Form 3 - CA Kaizen Q425 FY 202526.pdf | 16 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Disclosure Q42526.pdf | 16 May 2026 |
| Form 1File: Form 1.pdf | 16 May 2026 |
| Form 2File: Form 2.pdf | 16 May 2026 |
| Form 3File: Form 3 - CA Kaizen Q425 FY 202526.pdf | 16 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Inventory Disclosure Q42526.pdf | 16 May 2026 |
| Form 2A (FY 2024-2025)File: Form 2A 2425.pdf | 16 May 2026 |
| Form 2A (FY 2025-2026)File: Form 2A 2526.pdf | 16 May 2026 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q1 25.pdf | 15 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: iNVENTORY.pdf | 15 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Q1 25.pdf | 11 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q1 25.pdf | 11 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 (1).pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q4 24 (1).pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 20 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory Disclosure.pdf | 20 Jan 2025 |
| Other - FinanceFile: Desk 2 scrutiny clarification kaizen.pdf | 28 Oct 2024 |
| Proforma of Agreement for saleFile: NewAgreement to sale Flat Own Land Kaizen.pdf | 21 Oct 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Kaizen Email.pdf | 17 Oct 2024 |
| Other - TechnicalFile: Declaration of Non Registration Standalone Project (3).pdf | 17 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Adobe Scan 13 Oct 2024 (2).pdf | 13 Oct 2024 |
| Other - LegalFile: Adobe Scan 13 Oct 2024 (1)_compressed (1).pdf | 13 Oct 2024 |
| Other - LegalFile: new sale deed swapnil kothadia_compressed.pdf | 13 Oct 2024 |
| Building plan approvalFile: Kaizen Plan.pdf | 12 Oct 2024 |
| Layout approvalFile: Kaizen Plan.pdf | 12 Oct 2024 |
| PAN CardFile: Swapnil Kothadia PAN.pdf | 12 Oct 2024 |
| Copy of the legal title reportFile: Kaizen Search.pdf | 12 Oct 2024 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance Legal (7).pdf | 12 Oct 2024 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance Financial (4).pdf | 12 Oct 2024 |
| Copy of Layout Approval (in case of layout)File: Kaizen Plan.pdf | 12 Oct 2024 |
| Proforma of Allotment letterFile: Allotment Letter Flat Own Land kaizen.pdf | 12 Oct 2024 |
| Declaration in FORM BFile: Adobe Scan Oct 12, 2024 (6) (1).pdf | 12 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Balaji Dev F1 (1).pdf | 12 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Balaji Dev F2 (1).pdf | 12 Oct 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Kaizen CC.pdf | 12 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Kaizen Plan.pdf | 12 Oct 2024 |
| Other - LegalFile: 712 swapnil kothadia.pdf | 12 Oct 2024 |
| Other - LegalFile: Legal clarification.pdf | 12 Oct 2024 |
| Declaration about Commencement CertificateFile: Declaration About CC (4).pdf | 12 Oct 2024 |
| CERSAI detailsFile: CERSAI_Search_Report_200323839058_For_Asset_Based_Search_12_10_2024_15_15_15_501.pdf | 12 Oct 2024 |
| CERSAI detailsFile: CERSAI Declaration.pdf | 12 Oct 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A - Promoter Letterhead.pdf | 12 Oct 2024 |
| Deviation Report with respect to Allotment letterFile: Deviation Allotment Flat Own Land.pdf | 12 Oct 2024 |
| Details of encumbrances concerned to LegalFile: No Encumbrance Legal (7).pdf | 12 Oct 2024 |
| Details of encumbrances concerned to LegalFile: No Encumbrance Financial (4).pdf | 12 Oct 2024 |
| Other - TechnicalFile: Technical clarification.pdf | 12 Oct 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation ATS Apartment Own Land.pdf | 12 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Interest in Other Projects - Promoter Letterhead (5).pdf | 12 Oct 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: swapnil kothadia idbi.pdf | 12 Oct 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of Finance Secured.pdf | 12 Oct 2024 |
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Builder: Swapnil Nalin Kothadia
Swapnil Nalin Kothadia has 1 registration on MahaRERA, including Kaizen Emerald. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Solapur district page.
Frequently asked questions
What are my rights if Kaizen Emerald is delayed beyond 31 Dec 2027?
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 Kaizen Emerald?
The registered promoter entity is Swapnil Nalin Kothadia, an individual 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 Kaizen Emerald?
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 Kaizen Emerald?
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 Kaizen Emerald?
The professionals named in the filing: Architect: Zeeshan Mundewadi; Engineer: Saqlain Shaikh; Chartered Accountant: Murtuza Holawala; Chartered Accountant: Huzaifa S Sanawadwala. 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 Kaizen Emerald?
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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