Home / Browse projects / Nashik, Maharashtra / KARMAA PINNACLE
KARMAA PINNACLE
RG-MH-01106 · RERA P51600001393 · Last updated on MahaRERA portal: 9 Mar 2021
Source: official MahaRERA filing
Red flags
- 2 complaints at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
1 condition is 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.
See what the report covers Free either way: or have every new Nashik registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
KARMAA PINNACLE is a Residential / Group Housing project by KARMAA BUILDERS in Nashik, Maharashtra, registered with MahaRERA as P51600001393 on 27 Jul 2017. The registration is recorded completed; possession was promised by 1 Jul 2019. 2 complaints are on record with the regulator.
At a glance
Project
- NameKARMAA PINNACLE
- TypeResidential / Group Housing
- Location
- Ashoka Marg
- Nashik Road
- Nashik
- 422011
- Pincode422011
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600001393
- ReraGenie IDRG-MH-01106
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on27 Jul 2017
- Promised completion1 Jul 2019
- Revised completionNone
- Buildings1 building record
- Documents filed48 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Karmaa Pinnacle B Wing | NA | 10 | 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 9 Mar 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
Karmaa Pinnacle B Wing: 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 amenities15
As on 9 Mar 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| 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 | 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 filed33
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Rasik Bothara |
| Partner | Role in project |
|---|---|
| KARMAA BUILDERS | - |
Complaints filed with MahaRERA2
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC001000000010190 | Dr Abhinandan Jadhav | Mr Aditya Talwar | 25/08/2021 |
| CC001000000010169 | Abhinandan Jadhav | ADITYA TALWAR | 19/12/2020 |
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 22 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 21 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 21 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Apr 2018Confirm 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 9 Mar 2021
Documents filed48
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: 860 Karmaa Pinnacle OC 29-08-2019.pdf | 9 Mar 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 860 Karmaa Pinnacle OC 29-08-2019.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: 1ST_c_compressed.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: 2nd_compressed.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: 3rd_compressed.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: 4th_compressed.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: 5th_compressed.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: 6th.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Correction1.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Correction2.pdf | 9 Mar 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Correction3.pdf | 9 Mar 2021 |
| OtherFile: KarmaaBuilders_Maintenance_HandOver_Letter_compressed.pdf | 9 Mar 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form4_Pinnacle.pdf | 27 Aug 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: New Doc 2018-10-16.pdf | 17 Oct 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: New Doc 2018-10-16(2).pdf | 17 Oct 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Rohit N Yeole Documents -2.pdf | 17 Oct 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Rohit N Yeole Documents -1.pdf | 17 Oct 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Rohit N Yeole Documents -8.pdf | 17 Oct 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Rohit N Yeole Documents -3.pdf | 16 Oct 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Rohit N Yeole Documents -3.pdf | 16 Oct 2018 |
| Certificates of CA (Form 5)File: Rera Certificate.pdf | 11 Oct 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: CCPage2.pdf | 7 Apr 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form10.pdf | 24 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2_.pdf | 24 Jul 2017 |
| Certificates of CA (Form 3)File: Form3.pdf | 24 Jul 2017 |
| Copy of the legal title reportFile: Plot No 3 Title Report 1.pdf | 22 Jul 2017 |
| Copy of the legal title reportFile: Plot No 3 Title Report 2.pdf | 22 Jul 2017 |
| Copy of the legal title reportFile: Plot No 3 Title Report 3.pdf | 22 Jul 2017 |
| Details of encumbrancesFile: Mortgage-Deed-0-14-pages-1-5.pdf | 22 Jul 2017 |
| Details of encumbrancesFile: Mortgage-Deed-0-14-pages-6-9.pdf | 22 Jul 2017 |
| Details of encumbrancesFile: Mortgage-Deed-30-44-pages-11-15.pdf | 22 Jul 2017 |
| Details of encumbrancesFile: Mortgage-Deed-45-51-pages-1-4.pdf | 22 Jul 2017 |
| Details of encumbrancesFile: Mortgage-Deed-45-51-pages-5-7.pdf | 22 Jul 2017 |
| Proforma of Allotment letterFile: AgreementTosale.pdf | 22 Jul 2017 |
| OtherFile: MOU 1.pdf | 22 Jul 2017 |
| OtherFile: MOU 2.pdf | 22 Jul 2017 |
| OtherFile: MOU 3.pdf | 22 Jul 2017 |
| Building plan approvalFile: Plan2.pdf | 21 Jul 2017 |
| Building plan approvalFile: Plan1.pdf | 21 Jul 2017 |
| Building plan approvalFile: Plan3.pdf | 21 Jul 2017 |
| Layout approvalFile: Plan1.pdf | 21 Jul 2017 |
| PAN CardFile: pan card KB 001 (1).pdf | 21 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Plan1.pdf | 21 Jul 2017 |
| Building Plan Approval (IOD)File: Plan2.pdf | 21 Jul 2017 |
| Building Plan Approval (IOD)File: Plan1.pdf | 21 Jul 2017 |
| Building Plan Approval (IOD)File: Plan3.pdf | 21 Jul 2017 |
| Declaration in FORM BFile: affidavit pdf.pdf | 21 Jul 2017 |
| OtherFile: tdr.pdf | 21 Jul 2017 |
Promoter's earlier projects2
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| KARMAA RESIDENCY | KARMAA RESIDENCY BEHIND HOTEL SAI PALACE OFF MUMBAI AGRA HIGHWAY NASHIK 422009 | 88 | Completed | Jan 2014 | Late, Feb 2014 |
| KARMAA HEIGHTS | KARMAA HEIGHTS TAPOVAN ROAD BEHIND CHINTAMANI PLAZA NASHIK 422011 | 84 | Completed | Jan 2009 | Late, Feb 2009 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Nashik
Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.
Free monthly report: Nashik on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 48 filed documents as one ZIP, foldered, with a manifest
Keep KARMAA PINNACLE on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Nashik Road4,100+ in Nashik
Filed coordinates, straight-line distance. 4 registered projects within 2 km.
Anandvan Housing Complex
Ravi Mahajan Buildcon LLP
SHREEJI INFINIA
SHREEJI LIFE SPACE
Waterways
Sanklecha Construction Private Limited
Shreejis Gujral Arcade
SHREEJI LIFE SPACE
VRAJ METROPOLIS SOUTH
SHREE INFRA SPACE
ALEEF BREEZE APARTMENT
KHATIB BUILDERS AND DEVELOPERS
See every Nashik project, with the district possession charts
Builder: KARMAA BUILDERS
KARMAA BUILDERS has 4 registrations on MahaRERA, including KARMAA PINNACLE and The Avenue. Its filings disclose 3 earlier MahaRERA projects: declares 0 of 3 past projects completed on time. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if KARMAA PINNACLE is delayed beyond 1 Jul 2019?
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 KARMAA PINNACLE?
The registered promoter entity is KARMAA BUILDERS, 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 KARMAA PINNACLE?
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 do I read the complaint cases filed against KARMAA PINNACLE?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for KARMAA PINNACLE?
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 KARMAA PINNACLE?
The professionals named in the filing: Architect: Rasik Bothara. 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 KARMAA PINNACLE?
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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback