Home / Browse projects / Daman, Daman & Diu / Krishna Vaas
Krishna Vaas
RG-MH-70106 · RERA P49500000047 · Last updated on MahaRERA portal: 7 Jun 2025
Source: official MahaRERA filing
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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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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Krishna Vaas is a Residential / Group Housing project by LAASYA LIFESPACES in Daman, Daman & Diu, registered with MahaRERA as P49500000047 on 5 Oct 2023. Possession is promised by 31 Dec 2026.
At a glance
Project
- NameKrishna Vaas
- TypeResidential / Group Housing
- Location
- MAGARWADA
- BEHIND VATSALYA SCHOOL NEAR ISCKON
- Daman
- 396220
- Pincode396220
- RERA no.P49500000047
- ReraGenie IDRG-MH-70106
Builder
- NameLAASYA LIFESPACES
- Entity typePartnership
- PartnersSATYEN LEELADHARAN MADATHIL PARAMPIL, BHAVIN RAMANBHAI PATEL, PRADIP AMARATBHAI HALPATI, Reshama SALIMBHAI Bhurani, LEELADHARAN MADATHILPARAMPIL KRISHNAN
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on5 Oct 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed74 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Krishna Vaas Bunglow | NA | 2 | 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 7 Jun 2025, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 80%.
Krishna Vaas Bunglow: 89% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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 | 0% |
| 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. | 80% |
Progress on shared amenities15
As on 7 Jun 2025, 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 | 70% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 40% |
| 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 | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed4
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
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 partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Abhikarma Design Pvt Ltd |
| Engineer | Progressive Consultancy |
| Engineer | Bhadresh M Tandel |
| Chartered Accountant | Ankit Vachhani & Co |
| Chartered Accountant | Ankit Vachhani & Co. |
| Partner | Role in project |
|---|---|
| LAASYA LIFESPACES | - |
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 22 Aug 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 9 Jun 2023 - 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 Jun 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 Aug 2023Confirm 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 31 Dec 2026
Documents filed74
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 |
|---|---|
| Form 1File: [ Final ] Architect's Certificate for RERA 05_04_2025.pdf | 7 Jun 2025 |
| Form 2File: [ Final ] Engineer's Certificate for RERA 06_04_2025.pdf | 7 Jun 2025 |
| Form 3File: [ Final ] CA's Certificate for RERA 06_06_2025.PDF | 7 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory March 2025.pdf | 7 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration March 2025.pdf | 7 Jun 2025 |
| Form 1File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 2File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 3File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory March 2024.pdf | 7 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration March 2024.pdf | 7 Jun 2025 |
| Form 1File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 2File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 3File: [ Final ] CA's Certificate for RERA.pdf | 7 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory December 2023.pdf | 7 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration December 2023.pdf | 7 Jun 2025 |
| Form 1File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 2File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 3File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory June 2024.pdf | 7 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration June 2024.pdf | 7 Jun 2025 |
| Form 1File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 2File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory September 2024.pdf | 7 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration September 2024.pdf | 7 Jun 2025 |
| Form 3File: [ Final ] CA's Certificate for RERA.pdf | 7 Jun 2025 |
| Form 1File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 2File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 7 Jun 2025 |
| Form 3File: [ Final ] CA's Certificate for RERA.pdf | 7 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory December 2024.pdf | 7 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration December 2024.pdf | 7 Jun 2025 |
| Form 2A (FY 2024-2025)File: [ Final ] Engineer's Annual Certificate for RERA 09_09_2024.pdf | 6 Jun 2025 |
| Form 2A (FY 2023-2024)File: [ Final ] Engineer's Annual Certificate for RERA 05_04_2025.pdf | 6 Jun 2025 |
| Form 5 (FY 2024-2025)File: [ Final ] CA's Annual Certificate for RERA 06_06_2025 (1).PDF | 6 Jun 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1) (UT)File: Form 1.pdf | 23 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3) (UT)File: [ Final ] CA's Certificate for RERA 30_11_2024.PDF | 23 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2) (UT)File: [ Final ] Engineer's Certificate for RERA 29_11_2024.pdf | 23 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1) (UT)File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 10 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2) (UT)File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 10 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A)File: [ Final ] Engineer's Annual Certificate for RERA 09_09_2024.pdf | 10 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: [ Final ] CA's Annual Certificate for RERA 19_09_2024.pdf | 10 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1) (UT)File: [ Final ] Architect's Certificate for RERA 04_03_2024.pdf | 10 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2) (UT)File: [ Final ] Engineer's Certificate for RERA 04_03_2024.pdf | 10 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A)File: [ Final ] Engineer's Annual Certificate for RERA 09_09_2024.pdf | 10 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: [ Final ] CA's Annual Certificate for RERA 19_09_2024.pdf | 10 Oct 2024 |
| Form 5 (FY 2023-2024)File: [ Final ] CA's Annual Certificate for RERA 19_09_2024.pdf | 2 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3) (UT)File: [ Final ] CA's Certificate for RERA (2).PDF | 13 Sep 2023 |
| Commencement CertificatesFile: undertaking for name of promoter in CC.pdf | 25 Aug 2023 |
| Other - LegalFile: Deed Part-1.pdf | 25 Aug 2023 |
| Other - LegalFile: Deed Part-2.pdf | 25 Aug 2023 |
| Other - TechnicalFile: Deed Part-1.pdf | 25 Aug 2023 |
| Other - TechnicalFile: Deed Part-2.pdf | 25 Aug 2023 |
| Copy of the legal title reportFile: Revised_Title Certificate.pdf | 22 Aug 2023 |
| Commencement CertificatesFile: Undertaking For Authenticity of CC.pdf | 22 Aug 2023 |
| Commencement CertificatesFile: Undertaking For CC.pdf | 22 Aug 2023 |
| Details of encumbrances concerned to LegalFile: Legal and financial encumbrance.pdf | 18 Jul 2023 |
| Details of encumbrances concerned to FinanceFile: Legal and financial encumbrance.pdf | 18 Jul 2023 |
| Commencement CertificatesFile: PLot 11_Construction Approval Certificate.pdf | 18 Jul 2023 |
| CERSAI detailsFile: noc NO SECURITY INTEREST CHARGED.pdf | 18 Jul 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seperate Bank Account detail.pdf | 18 Jul 2023 |
| Layout approvalFile: 1 Copy of Layout Approval (in case of layout).pdf | 9 Jun 2023 |
| Building plan approvalFile: 1 Building IOD (1).pdf | 9 Jun 2023 |
| Building plan approvalFile: 2 Building IOD (2).pdf | 9 Jun 2023 |
| Building plan approvalFile: 3 Building IOD (3).pdf | 9 Jun 2023 |
| PAN CardFile: 1 PAN Card.pdf | 9 Jun 2023 |
| Copy of Layout Approval (in case of layout)File: 1 Copy of Layout Approval (in case of layout).pdf | 9 Jun 2023 |
| Building Plan Approval (IOD)File: 1 Building IOD (1).pdf | 9 Jun 2023 |
| Building Plan Approval (IOD)File: 2 Building IOD (2).pdf | 9 Jun 2023 |
| Building Plan Approval (IOD)File: 3 Building IOD (3).pdf | 9 Jun 2023 |
| Declaration in FORM BFile: 1 Declaration in FORM B.pdf | 9 Jun 2023 |
| Annual Report / Audited Financial Statements for the immediately preceding three financial yearsFile: 1 Annual Report _ Audited Financial Statements for the immediately preceding three financi | 9 Jun 2023 |
| Proforma of Allotment letterFile: 1 Proforma of Allotment letter.pdf | 9 Jun 2023 |
| Proforma of Agreement for saleFile: 1 Proforma of Agreement for sale.pdf | 9 Jun 2023 |
| Deviation Report with respect to Allotment letterFile: 1 Deviation Report with respect to Allotment letter.pdf | 9 Jun 2023 |
| Deviation Report with respect to model copy of AgreementFile: 1 Deviation Report with respect to model copy of Agreement.pdf | 9 Jun 2023 |
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Buyer report
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Builder: LAASYA LIFESPACES
LAASYA LIFESPACES has 1 registration on MahaRERA, including Krishna Vaas. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Daman district page.
Frequently asked questions
What are my rights if Krishna Vaas is delayed beyond 31 Dec 2026?
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 Krishna Vaas?
The registered promoter entity is LAASYA LIFESPACES, 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 Krishna Vaas?
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 Krishna Vaas?
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 Krishna Vaas?
The professionals named in the filing: Architect: Abhikarma Design Pvt Ltd; Engineer: Progressive Consultancy; Engineer: Bhadresh M Tandel; Chartered Accountant: Ankit Vachhani & Co; Chartered Accountant: Ankit Vachhani & Co.. 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 Krishna Vaas?
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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