Home / Browse projects / Palghar, Maharashtra / KARMA PALACE
KARMA PALACE
RG-MH-50175 · RERA P99000031586 · Last updated on MahaRERA portal: 20 Oct 2024
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- 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 the promoter's 28 other registrations and every project registered within 2 km.
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KARMA PALACE is a Others project by SHREE SAI DEVELOPERS in Palghar, Maharashtra, registered with MahaRERA as P99000031586 on 31 Oct 2021. The registration is recorded completed; possession was promised by 31 Dec 2024.
At a glance
Project
- NameKARMA PALACE
- TypeOthers
- Location
- .
- TEMBHODE
- Palghar
- 401404
- Pincode401404
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000031586
- ReraGenie IDRG-MH-50175
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on31 Oct 2021
- Promised completion31 Dec 2024
- Revised completionNone
- Buildings1 building record
- Documents filed82 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| KARMA PALACE | NA | 18 | 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 20 Oct 2024, 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
KARMA PALACE: 91% 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 | 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 amenities16
As on 20 Oct 2024, 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 | No | Not applicable |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 100% |
| 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 | No | Not applicable |
| Open Parking | No | Not applicable |
| Compound wall | Yes | 0% |
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 partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | YOGESH MHATRE MHATRE |
| Engineer | MAHENDRA RANE |
| Engineer | ATUL CHAUDHARI |
| Chartered Accountant | YOGESH WALAVALKAR |
| Chartered Accountant | YOGESH JAYKUMAR WALAVALKAR |
| Chartered Accountant | AMIT ARUN JOSHI |
| Chartered Accountant | RISHABH VORA |
| Partner | Role in project |
|---|---|
| SHREE SAI DEVELOPERS | - |
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 20 Oct 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 20 Oct 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 20 Oct 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 20 Oct 2021Confirm 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 15 Oct 2024
Documents filed82
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 82 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 |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSD WORK COMPLETION.pdf | 20 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSD Form 3 Q2 FY 24 25.pdf | 20 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SSD Q2 FY 24 25.pdf | 20 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: SSD SOLD UNSOLD 30 09 24.pdf | 20 Oct 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: SSD FORM 4.pdf | 15 Oct 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: SSD OC.pdf | 15 Oct 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: SSD WORK COMPLETION.pdf | 15 Oct 2024 |
| Other - TechnicalFile: SSD WORK COMPLETION.pdf | 15 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A Q 4 FY 23 24 Signed.pdf | 8 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 23-24.pdf | 8 Oct 2024 |
| Form 5 (FY 2023-2024)File: FORM 5 23-24 jayant.pdf | 3 Oct 2024 |
| Form 5 (FY 2021-2022)File: Form 5 FY 2021-22 LAT.pdf | 1 Oct 2024 |
| Form 5 (FY 2022-2023)File: Form 5 Shree sai Developers FY 22 23.pdf | 29 Sep 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 19 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - SING.pdf | 19 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - SING.pdf | 19 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: sold unsold SSD Q1 FY 24-25.pdf | 19 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 - SIGN.pdf | 19 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSD Q4 FY 23 24 FORM 3.pdf | 20 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 Q 4 FY 23 24 signed.pdf | 19 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Q 4 FY 23 24 signed.pdf | 19 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOL Q 4 FY 23 24.pdf | 19 Apr 2024 |
| Other - TechnicalFile: FORM 2A Q 4 FY 23 24 Signed.pdf | 19 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSD FORM 3 Q3 FY 23 24.pdf | 30 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 20 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 20 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: sold unsold SSD Q3 FY 23 24.pdf | 20 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSD FORM 1 Q2 FY 23 24 SIGNED.pdf | 20 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SSD FORM 2 Q2 FY 23 24 SIGNED.pdf | 20 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A FY 22 23 SIGNED.pdf | 20 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: SSD SOLD UNSOLD Q2 FY 23 24.pdf | 20 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: SSD SOLD UNSOLD Q2 FY 23 24.pdf | 20 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Q 2 FY 23 24.pdf | 20 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Shree sai Developers FY 22 23.pdf | 26 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SIGNED.pdf | 8 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SIGNED.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: sold unsold SSD_page-0001.pdf | 8 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 SIGNED.pdf | 8 Jul 2023 |
| Proforma of Agreement for saleFile: Mehur Satara Blank Draft AFS LATEST.pdf | 23 May 2023 |
| Disclosure of sold/ booked inventoryFile: sold unsold SSD.pdf | 27 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 27 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 21 Apr 2023 |
| Other - TechnicalFile: FORM 2A.pdf | 21 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 SSD.pdf | 19 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 20 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 20 Jan 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: SHREE SAI DEVELOEPR FORM 2A.pdf | 20 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory.pdf | 20 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: sold unsold inventory.pdf | 20 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: PSC FORM 1.pdf | 13 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 13 Oct 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 13 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: PSC FORM 1.pdf | 7 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 FY 2021-22.pdf | 7 Oct 2022 |
| Other - FinanceFile: Form 5 FY 2021-22.pdf | 22 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3 FORM 3_compressed.pdf | 24 Jul 2022 |
| Proforma of Allotment letterFile: Mehul_Satra_RERA_Fresh Draft.pdf | 24 Jul 2022 |
| Proforma of Allotment letterFile: Mehul_Satra_RERA_Fresh Draft.pdf | 6 Jul 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Mehul Sunil Satre ( Rera Certificate ) 001.pdf | 4 Jul 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Shree sai developer Form 2.pdf | 4 Jul 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 4 Jul 2022 |
| Other - TechnicalFile: SHREE SAI DEVELOEPR FORM 2A.pdf | 4 Jul 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 8 Apr 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 8 Apr 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 8 Apr 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect certificate 1.pdf | 13 Jan 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEERS CERTIFICATE.pdf | 13 Jan 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SINGED.pdf | 22 Oct 2021 |
| Details of encumbrancesFile: letter of encumbrance.pdf | 21 Oct 2021 |
| Declaration about Commencement CertificateFile: declaration about commencement certificate.pdf | 21 Oct 2021 |
| Layout approvalFile: PLAN_compressed.pdf | 20 Oct 2021 |
| Building plan approvalFile: PLAN_compressed.pdf | 20 Oct 2021 |
| PAN CardFile: FIRM PANCARD.pdf | 20 Oct 2021 |
| Copy of the legal title reportFile: TITLE.pdf | 20 Oct 2021 |
| Copy of Layout Approval (in case of layout)File: PLAN_compressed.pdf | 20 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: PLAN_compressed.pdf | 20 Oct 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 20 Oct 2021 |
| Declaration in FORM BFile: FORM b_compressed.pdf | 20 Oct 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE_compressed.pdf | 20 Oct 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_compressed (1).pdf | 20 Oct 2021 |
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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.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
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- All 82 filed documents as one ZIP, foldered, with a manifest
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Builder: SHREE SAI DEVELOPERS
SHREE SAI DEVELOPERS has 29 registrations on MahaRERA, including SAI ENCLAVE and CAPETOWN VILLAS. Its filings disclose 9 earlier MahaRERA projects: declares 3 of 4 past projects completed on time. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if KARMA PALACE is delayed beyond 31 Dec 2024?
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 KARMA PALACE?
The registered promoter entity is SHREE SAI DEVELOPERS, a partnership as per the filing. Its GSTIN 27AEIFS8639F1ZJ 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 KARMA PALACE?
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 KARMA PALACE?
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 KARMA PALACE?
The professionals named in the filing: Architect: YOGESH MHATRE MHATRE; Engineer: MAHENDRA RANE; Engineer: ATUL CHAUDHARI; Chartered Accountant: YOGESH WALAVALKAR; Chartered Accountant: YOGESH JAYKUMAR WALAVALKAR; Chartered Accountant: AMIT ARUN JOSHI. 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 KARMA PALACE?
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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