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KARNIKS EXOTICA
RG-MH-20753 · RERA P51700003984 · Last updated on MahaRERA portal: 17 Feb 2021
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 2 earlier projects delivered on promise
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.
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KARNIKS EXOTICA is a Plotted project by KARNIKS EXOTICA in Thane, Maharashtra, registered with MahaRERA as P51700003984 on 7 Aug 2017. The registration is recorded completed; possession was promised by 30 Jan 2021. 61 of the 106 units on this registration are recorded sold or booked. 1 complaint is on record with the regulator.
At a glance
Project
- NameKARNIKS EXOTICA
- TypePlotted
- Location
- Patgaon
- Murbad
- Thane
- 421401
- Pincode421401
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700003984
- ReraGenie IDRG-MH-20753
Builder
- NameKARNIKS EXOTICA
- Entity typePartnership
- PartnersNILASHREE DEEPAK KARNIK, RAJSHREE SURESH TAKLE
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on7 Aug 2017
- Promised completion30 Jan 2021
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed23 files
Current status
Figures as on 17 Feb 2021, 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 17 Feb 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.
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 amenities18
As on 17 Feb 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 | Yes | 10% |
| Water Supply | Yes | 20% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 20% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 80% |
| Aggregate area of recreational Open Space | Yes | 20% |
| Open Parking | No | Not applicable |
| WATER BODIES | Yes | 0% |
| COMPOUND WALL | Yes | 0% |
| MAIN ENTRANCE GATE AND SECURITY CABIN | Yes | 100% |
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 | MUKTA MADHAV JOSHI |
| Partner | Role in project |
|---|---|
| KARNIKS EXOTICA | - |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000000181 | Joan Alcino Dsouza | Deepak Ramesh Karnik | 17/08/2017 |
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 30 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 30 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 30 Jul 2017 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- Occupancy CertificateNot on 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.
Documents filed23
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 |
|---|---|
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: final Engineer's Certificate 18-19.pdf | 17 Feb 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Signed Engineer's certificate.pdf | 17 Feb 2021 |
| Certificates of CA (Form 3)File: Certificate -2 scanned.pdf | 17 Feb 2021 |
| Certificates of CA (Form 3)File: RERA scan certificate -3.pdf | 17 Feb 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Architect's Certificate - Karnik's Exotica Project Completion C.pdf | 17 Feb 2021 |
| Building plan approval or NA orderFile: Layout.pdf | 30 Jul 2017 |
| Layout approvalFile: Layout.pdf | 30 Jul 2017 |
| PAN CardFile: pANCARD.pdf | 30 Jul 2017 |
| Copy of the legal title reportFile: tITLE CERTIFICATE.pdf | 30 Jul 2017 |
| Details of encumbrancesFile: Original Details of Emcumbrances Page 01.pdf | 30 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 30 Jul 2017 |
| Building Plan Approval (IOD)File: Layout.pdf | 30 Jul 2017 |
| Declaration in FORM BFile: Original Affidivat cum Decleartion.pdf | 30 Jul 2017 |
| Declaration in FORM BFile: Original Affidivat cum Declearation Page 02.pdf | 30 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arthiect Certificate Form 1 Page 01.pdf | 30 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arthiect Certificate Form 1Page 02.pdf | 30 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arthiect Certificate Form 1Page 03.pdf | 30 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Structural Engineer Certificate form 2 Page01.pdf | 30 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Structural Engineer Certificate Form 2 Page 02.pdf | 30 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Structural Engineer Certificate Form 3Page 03.pdf | 30 Jul 2017 |
| Certificates of CA (Form 3)File: C A Certificate Final.pdf | 30 Jul 2017 |
| Proforma of Allotment letterFile: Original Allotment Letter.pdf | 30 Jul 2017 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE.pdf | 30 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 |
|---|---|---|---|---|---|
| KARNIKS AAROHEE | NANA MASTER NAGAR MUDRE KHURD VILLAGE TALUKA KARJAT DISTRICT RAIGAD | 9 | Completed | Jan 2017 | Aug 2016 |
| KARNIK GREEN PARK | SUTARPADA KALAMB VILLAGE TALUKA KARJAT DISTRICT RAIGAD | - | Completed | Jun 2013 | Mar 2013 |
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How this compares with Thane
Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.
Free monthly report: Thane 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 every project registered within 2 km, which the RERA portal never shows together
- All 23 filed documents as one ZIP, foldered, with a manifest
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Builder: KARNIKS EXOTICA
KARNIKS EXOTICA has 1 registration on MahaRERA, including KARNIKS EXOTICA. Its filings disclose 2 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if KARNIKS EXOTICA is delayed beyond 30 Jan 2021?
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 KARNIKS EXOTICA?
The registered promoter entity is KARNIKS EXOTICA, 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 KARNIKS EXOTICA?
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 KARNIKS EXOTICA?
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 KARNIKS EXOTICA?
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 KARNIKS EXOTICA?
The professionals named in the filing: Architect: MUKTA MADHAV 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 KARNIKS EXOTICA?
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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