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KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE
By KARAN KOTHARI BUSINESS PARK PRIVATE LIMITED
RG-MH-42979 · RERA P50500055653 · Last updated on MahaRERA portal: 24 Jun 2026
Source: official MahaRERA filing
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Red flags
- Rs 55.10 crore secured on the land, in favour of Bank of Baroda, Union Bank of India
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- 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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KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE is a Commercial project by KARAN KOTHARI BUSINESS PARK PRIVATE LIMITED in Nagpur, Maharashtra, registered with MahaRERA as P50500055653 on 5 Apr 2024. Possession is promised by 15 Oct 2027. 0 of the 496 units on this registration are recorded sold or booked, and 8 of 22 construction stages are filed complete.
At a glance
Project
- NameKARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE
- TypeCommercial
- Location
- WANJARA
- Nagpur (Rural)
- Nagpur
- 440026
- Pincode440026
- MapView location on Google Maps (as filed on RERA)
- RERA no.P50500055653
- ReraGenie IDRG-MH-42979
Builder
- NameKARAN KOTHARI BUSINESS PARK PRIVATE LIMITED
- Entity typeCompany
- DirectorsNITIN MAHESH KOTHARI, CHANDRA SURESH KOTHARI, KARAN NARENDRA KOTHARI
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on5 Apr 2024
- Promised completion15 Oct 2027
- Revised completionNone
- Buildings2 building records
- Documents filed122 files
Current status
Figures as on 24 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PLOT NO 1 | NA | 6 | 4 | 0 | 240 | 240 |
| PLOT NO 2 | NA | 6 | 4 | 0 | 256 | 256 |
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 24 Jun 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.
8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 75%.
PLOT NO 147%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 30% |
| Sanitary Fittings within the flats / premises | 10% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 40% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 30% |
| 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% |
PLOT NO 261%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 75% |
| Sanitary Fittings within the flats / premises | 45% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 60% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 50% |
| 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. | 40% |
Progress on shared amenities15
As on 24 Jun 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 | Yes | 65% |
| Water Supply | Yes | 80% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 20% |
| Storm Water Drains | Yes | 10% |
| Landscaping & Tree Planting | Yes | 50% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | Yes | 40% |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed2524
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.
| Building | Closed/Covered | Total |
|---|---|---|
| PLOT NO 1 | 1,193 | 1,193 |
| PLOT NO 2 | 1,331 | 1,331 |
Land and ownership1
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| KOTHARI POTTERY WORKS | 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| PLOT NO 1 | NA | Rs 74.11 cr | Rs 40.25 cr |
Certifying professionals and partners8
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pratham Pincha |
| Architect | Akash Mohota |
| Engineer | Vikrant Chaubey |
| Engineer | Hemant Mohod |
| Engineer | Sachin Manoj Jaiswal |
| Engineer | Patankar Consultants Private Limited |
| Engineer | Prashant Farfar |
| Chartered Accountant | MJM Associates |
| Partner | Role in project |
|---|---|
| KARAN KOTHARI BUSINESS PARK PRIVATE LIMITED | - |
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 7 Nov 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 Mar 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 13 Mar 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Mar 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 15 Oct 2027
Documents filed122
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 122 are shown. 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 2A (FY 2025-2026)File: Kothari karan Form 2A.pdf | 24 Jun 2026 |
| Withdrawal Update Form 1File: KKBP Form-1.pdf | 22 Apr 2026 |
| Withdrawal Update Form 2File: KKBPForm 2.pdf | 22 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 Kothari Business Park Q4 FY 2025 26_compressed.pdf | 22 Apr 2026 |
| Withdrawal Update Form 1File: KKBP FORM 1.pdf | 28 Jan 2026 |
| Withdrawal Update Form 2File: KARAN KOTHARI form 2.pdf | 28 Jan 2026 |
| Withdrawal Update Form 3File: KARAN KOTHARI form 3.pdf | 28 Jan 2026 |
| Withdrawal Update Form 1File: KKBP Form-1 Sep25 (1).pdf | 8 Nov 2025 |
| Withdrawal Update Form 2File: KKBP Form-2 Sep25 (2).pdf | 8 Nov 2025 |
| Withdrawal Update Form 3File: karan khotari form 3 july sept signed.pdf | 8 Nov 2025 |
| Withdrawal Update Form 1File: KKBP Form-1 Sep25 (1).pdf | 7 Nov 2025 |
| Withdrawal Update Form 2File: KKBP Form-2 Sep25 (1) signed.pdf | 7 Nov 2025 |
| Withdrawal Update Form 3File: APRIL to june form 3 karan khotari (1) new signed.pdf | 7 Nov 2025 |
| Form 1File: Form 1 KARAN khotari.pdf | 31 Oct 2025 |
| Form 2File: form2 KARAN khotari.pdf | 31 Oct 2025 |
| Form 3File: april to june form 3 karan khotari.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: dsbi april to june karan khotari.pdf | 31 Oct 2025 |
| Form 1File: july to sept form 1 karan.pdf | 31 Oct 2025 |
| Form 2File: july to sept form 2 karan.pdf | 31 Oct 2025 |
| Form 3File: july to sept form 3 karan.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: july to sept dsbi karan.pdf | 31 Oct 2025 |
| Form 1File: oct to dec karan form 1.pdf | 31 Oct 2025 |
| Form 2File: oct to dec karan form 2.pdf | 31 Oct 2025 |
| Form 3File: oct to dec karan form 3.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: oct to dec karan dsbi.pdf | 31 Oct 2025 |
| Form 1File: jan to march karan form 1.pdf | 31 Oct 2025 |
| Form 2File: jan to march karan form2.pdf | 31 Oct 2025 |
| Form 3File: jan to march karan form3.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: jan to march karan dsbi.pdf | 31 Oct 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 9 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 7 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 7 May 2025 |
| Disclosure of sold/ booked inventoryFile: DSBI.pdf | 7 May 2025 |
| Disclosure of sold/ booked inventoryFile: DSBI.pdf | 25 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 4 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 4 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 24 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: DSBI.pdf | 24 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 july-Sept 24.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 _Final.pdf | 29 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Final Jul-Sept.pdf | 29 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Apr-Jun 24.pdf | 29 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Jul-Sept 24.pdf | 29 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Apr-Jun.pdf | 27 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 july-Sept 24.pdf | 27 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: DSBI Apr-Jun 24.pdf | 25 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: DSBI Jul-Sept 24.pdf | 25 Nov 2024 |
| Layout approvalFile: Site Plan - 1_heighlighted.pdf | 13 Mar 2024 |
| Layout approvalFile: Site Plan - 1_heighlighted.pdf | 13 Mar 2024 |
| Building plan approvalFile: First Floor - 3_26-3-24.pdf | 13 Mar 2024 |
| Building plan approvalFile: 4 Second Floor - 4.pdf | 13 Mar 2024 |
| Building plan approvalFile: 5 Third Floor - 5_.pdf | 13 Mar 2024 |
| Building plan approvalFile: 6 Terrace Floor Plan - 6.pdf | 13 Mar 2024 |
| Building plan approvalFile: Sheet No 7 of 11.pdf | 13 Mar 2024 |
| Building plan approvalFile: 8 Second_Third Floor Measurement Plans - 8__new.pdf | 13 Mar 2024 |
| Building plan approvalFile: 9 Sections Elevation plan - 9.pdf | 13 Mar 2024 |
| Building plan approvalFile: 10 Amenity Space Plan - 10.pdf | 13 Mar 2024 |
| Building plan approvalFile: 11 First_Second _ Third Floor Sections Plans - 11.pdf | 13 Mar 2024 |
| Building plan approvalFile: Site Plan - 26-3-24.pdf | 13 Mar 2024 |
| Building plan approvalFile: Ground Floor - 2_26-3-24.pdf | 13 Mar 2024 |
| Building plan approvalFile: 3 First Floor - 3.pdf | 13 Mar 2024 |
| Building plan approvalFile: 4 Second Floor - 4.pdf | 13 Mar 2024 |
| Building plan approvalFile: 5Third Floor - 5_.pdf | 13 Mar 2024 |
| Building plan approvalFile: 6 Terrace Floor Plan - 6_.pdf | 13 Mar 2024 |
| Building plan approvalFile: 7 Ground_First Measurement Plan - 7__compressed.pdf | 13 Mar 2024 |
| Building plan approvalFile: 8 Second_Third Measurement Plan - 8__compressed.pdf | 13 Mar 2024 |
| Building plan approvalFile: 9 Sections Elevations Plan - 9_.pdf | 13 Mar 2024 |
| Building plan approvalFile: 10 Amenity Space Plan - 10.pdf | 13 Mar 2024 |
| Building plan approvalFile: 11 First_Second_Third Floor Section Plan - 11_.pdf | 13 Mar 2024 |
| Copy of Layout Approval (in case of layout)File: Site Plan - 1_heighlighted.pdf | 13 Mar 2024 |
| Copy of Layout Approval (in case of layout)File: Site Plan - 1_heighlighted.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: First Floor - 3_26-3-24.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 4 Second Floor - 4.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 5 Third Floor - 5_.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 6 Terrace Floor Plan - 6.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet No 7 of 11.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 8 Second_Third Floor Measurement Plans - 8__new.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 9 Sections Elevation plan - 9.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 10 Amenity Space Plan - 10.pdf | 13 Mar 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 11 First_Second _ Third Floor Sections Plans - 11.pdf | 13 Mar 2024 |
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Builder: KARAN KOTHARI BUSINESS PARK PRIVATE LIMITED
KARAN KOTHARI BUSINESS PARK PRIVATE LIMITED has 1 registration on MahaRERA, including KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE. 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 KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE is delayed beyond 15 Oct 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 KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE?
The registered promoter entity is KARAN KOTHARI BUSINESS PARK PRIVATE LIMITED, 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 KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE?
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 KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE?
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 KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE?
The professionals named in the filing: Architect: Pratham Pincha; Architect: Akash Mohota; Engineer: Vikrant Chaubey; Engineer: Hemant Mohod; Engineer: Sachin Manoj Jaiswal; Engineer: Patankar Consultants Private Limited. 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 KARAN KOTHARI BUSINESS PARK SHOPPING VILLAGE?
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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