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Karamchand Dream 1
By KARAMCHAND REALTECH PVT. LTD
RG-MH-04058 · RERA P50500034124 · Last updated on MahaRERA portal: 13 Oct 2023
Source: official MahaRERA filing
Red flags
- No red flags in this filing
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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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Karamchand Dream 1 is a Plotted project by KARAMCHAND REALTECH PVT. LTD in Nagpur, Maharashtra, registered with MahaRERA as P50500034124 on 24 Mar 2022. The registration is recorded completed; possession was promised by 31 Aug 2023. 41 of the 44 units on this registration are recorded sold or booked.
At a glance
Project
- NameKaramchand Dream 1
- TypePlotted
- Location
- WARDHA ROAD
- JAMTHA
- Nagpur (Rural)
- Nagpur
- 441108
- Pincode441108
- MapView location on Google Maps (as filed on RERA)
- RERA no.P50500034124
- ReraGenie IDRG-MH-04058
Builder
- NameKARAMCHAND REALTECH PVT. LTD
- Entity typeCompany
- DirectorVIVEK CHATURVEDI
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on24 Mar 2022
- Promised completion31 Aug 2023
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed45 files
Current status
Figures as on 13 Oct 2023, this project's latest MahaRERA filing.
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 13 Oct 2023, 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.
NA Plot Without Structure:
| Activity | Progress |
|---|---|
| Excavation | Not applicable |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | Not applicable |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | Not applicable |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | Not applicable |
| Sanitary Fittings within the flats / premises | Not applicable |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | Not applicable |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | Not applicable |
| 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. | Not applicable |
Progress on shared amenities15
As on 13 Oct 2023, 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 | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| 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 | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
Land and ownership1
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 |
|---|---|---|
| KARAMCHAND REALTECH PVT. LTD | Nagpur (M Corp.) | Nagpur |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Architect Chandrashekhar Giripunje |
| Engineer | Prakash Dhawade |
| Chartered Accountant | CA Abhinav Welekar Apj & Associates |
| Partner | Role in project |
|---|---|
| KARAMCHAND REALTECH PVT. LTD | - |
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 9 Mar 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 9 Mar 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 9 Mar 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 9 Mar 2022Confirm 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 13 Oct 2023
Documents filed45
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: KD1 FINAL LETTER RECEIVED FROM GRAMPHANCHAYAT FOR HANDOVER OF PROJECT.pdf | 13 Oct 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: KD1 FORM 4 30 JUNE 2023.pdf | 13 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: KD1 FORM 1 ARCHITECT'S CARTIFICATE 31 MARCH 2023.pdf | 9 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 KD1 30 JUNE 2023.pdf | 9 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: KD1 FORM 2A 31 MARCH 2023.pdf | 9 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: KD1 SALES DATA 30-06-2023.pdf | 9 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: KD1 SALES DATA 30-09-2023.pdf | 9 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 31-03-2023 KD1 PROJECT JAMTHA.pdf | 9 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 30-06-2023 KD1 PROJECT JAMTHA.pdf | 9 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: KD1 FORM 2 31 MARCH 2023 (1)_compressed (1).pdf | 25 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: KD1 FORM 2A 31 MARCH 2023.pdf | 25 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: KD1 SALES DATA 31 MARCH 2023.pdf | 24 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form5_KaramchandDream1_FY2122_08-02-23.pdf | 10 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: KD1 FORM 1 ARCHITECT'S CARTIFICATE 31 MARCH 2022.pdf | 7 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: KD1 FORM 1 ARCHITECT'S CARTIFICATE 30 JUNE 2022.pdf | 7 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: KD1 FORM 1 ARCHITECT'S CARTIFICATE 30 SEP 2022.pdf | 7 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: KD1 FORM 1 ARCHITECT'S CARTIFICATE 31 DEC 2022.pdf | 7 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 KD1 31 MARCH 2022.pdf | 7 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 KD1 30 JUNE 2022.pdf | 7 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 KD1 30 SEP 2022.pdf | 7 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 KD1 31 DEC 2022.pdf | 7 Feb 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A KD1 31 MARCH 2022.pdf | 2 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM3 CA CERTIFICATE 31ST-MAR-2022.pdf | 2 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 30 June 2022.pdf | 2 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM3 CA CERTIFICATE 30-SEP-2022.pdf | 2 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM3 CA CERTIFICATE 31-DEC-2022.pdf | 2 Feb 2023 |
| PAN CardFile: PAN Card_KRPL.pdf | 16 Mar 2022 |
| Details of encumbrancesFile: Declaration of Encumbrances of KD1.pdf | 16 Mar 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- CA Certificate_compressed.pdf | 16 Mar 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_200232507287_For_Asset_Based_Search_15_03_2022_17_06_07_542.pdf | 15 Mar 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_200232512801_For_Asset_Based_Search_15_03_2022_17_37_25_372.pdf | 15 Mar 2022 |
| CERSAI detailsFile: CERSAI Declaration.pdf | 15 Mar 2022 |
| CERSAI detailsFile: CERSAI Search 1.pdf | 15 Mar 2022 |
| CERSAI detailsFile: CERSAI Search 2.pdf | 15 Mar 2022 |
| CERSAI detailsFile: CERSAI Search 3.pdf | 15 Mar 2022 |
| Proforma of Allotment letterFile: Allotment letter of KD1.pdf | 15 Mar 2022 |
| Proforma of Allotment letterFile: Agreement to sell of KD1.pdf | 15 Mar 2022 |
| Layout approvalFile: Layout Map.pdf | 9 Mar 2022 |
| Building plan approval or NA orderFile: NA-ORDER-KD1_compressed.pdf | 9 Mar 2022 |
| Copy of the legal title reportFile: Title report-compressed.pdf | 9 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Layout Map.pdf | 9 Mar 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: NA-ORDER-KD1_compressed.pdf | 9 Mar 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: NA-ORDER-KD1_compressed.pdf | 9 Mar 2022 |
| Declaration about Commencement CertificateFile: Commencement Certificate.pdf | 9 Mar 2022 |
| Declaration in FORM BFile: Declaration in Form B_compressed.pdf | 9 Mar 2022 |
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Builder: KARAMCHAND REALTECH PVT. LTD
KARAMCHAND REALTECH PVT. LTD has 1 registration on MahaRERA, including Karamchand Dream 1. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nagpur district page.
Frequently asked questions
What are my rights if Karamchand Dream 1 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 Karamchand Dream 1?
The registered promoter entity is KARAMCHAND REALTECH PVT. LTD, a company 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 Karamchand Dream 1?
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 Karamchand Dream 1?
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 Karamchand Dream 1?
The professionals named in the filing: Architect: Architect Chandrashekhar Giripunje; Engineer: Prakash Dhawade; Chartered Accountant: CA Abhinav Welekar Apj & Associates. 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 Karamchand Dream 1?
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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