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Completed No litigation declared Others project

Kshitij Market City Phase I

By Kshitij Developers

RG-MH-45172 · RERA P52900010519 · Last updated on MahaRERA portal: 16 Jun 2021

Source: official MahaRERA filing

Red flags

  • Completion date moved by 13 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

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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Jan 2021Possession promisedregistration recorded completed
4 of 22Construction stages doneacross 2 buildings; furthest along: Basement (if any), 60%
0Complaints at MahaRERAon this registration
Jump to the 31 documents Report an error

Kshitij Market City Phase I is a Others project by Kshitij Developers in Sindhudurg, Maharashtra, registered with MahaRERA as P52900010519 on 31 Aug 2017. The registration is recorded completed; possession was promised by 20 Jan 2021. The completion date has moved by 13 months from the original filing.

At a glance

Project

  • NameKshitij Market City Phase I
  • TypeOthers
  • Location
    • Kudal (CT)
    • Kudal
    • Sindhudurg
    • 416520
  • Pincode416520
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52900010519
  • ReraGenie IDRG-MH-45172

Builder

  • NameKshitij Developers
  • Entity typePartnership
  • PartnerShantaram Vinayak Rane
  • Other registrations3 more →
  • Completed1 of 4
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects3 →

Key dates

this monthRegisteredAug 2017First promiseDec 2019Revised toJan 2021Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on31 Aug 2017
  • Promised completion20 Jan 2021
  • Revised completionRevised to 20 Jan 2021 (originally 31 Dec 2019)
  • Buildings2 building records
  • Documents filed31 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Kshitij HeightsNA90000
Kshitij CornerNA80000

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 16 Jun 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.

4 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Basement (if any), at 60%.

Kshitij Heights20%
ActivityProgress
Excavation100%
Basement (if any)60%
Podiums (if any)0%
Plinth60%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
Kshitij Corner27%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%

Progress on shared amenities15

As on 16 Jun 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 facilityProposedProgress
Internal Roads & FootpathsYes45%
Water SupplyYes25%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed50

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.

Total parking slots50
Open Space50
BuildingOpen SpaceTotal
Kshitij Heights4040
Kshitij Corner1010

Land and ownership11

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area12,004 sq m
Land owned byThe promoter, with other names on the file
Named landowners11
LandownerVillageDistrict
Suresh Shankar PatkarKudal (CT)Sindhudurg
Sukhada Suresh PatkarKudal (CT)Sindhudurg
Mangesh Bhaskar NadkarniKudal (CT)Sindhudurg
Radhabai Baskar NadkarniKudal (CT)Sindhudurg
Neelam Mangesh PingeJamsandeSindhudurg
Nanda Sanjay NerurkarShirgaon Palghar
Priya Kailash ShirodkarKudal (CT)Sindhudurg
Pranali Pramanand BanavalkarKudal (CT)Sindhudurg
Shama Sunil KulkarniDevgadSindhudurg
Sunita Hemant BhendeMumbai CityMumbai City
Gajanan Rajaram TeliKudal (CT)Sindhudurg

Approvals and building plan

Permissible FSI10577.97
Proposed, not sanctioned3,406 sq m
Buildings approved2
Buildings sanctioned2

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.

Separate project accountDeclared
Bank branchMehanil Plaza, Kudal

Certifying professionals and partners2

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectRajan Joshi & Assosiates
EngineerMahesh Kumbhojkar
PartnerRole in project
KSHITIJ DEVELOPERS-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52900003813Dec 2019 → Jul 2020

Reason as filed by the promoterREASONS FOR DELAY OF CONSTRUCTION WORK OF KSHITIJ MARKET CITY PHASE I ARE AS FOLLOWS. 1) Work was delayed due to heavy rainfall & flood conditions. 2) Site cleaning and other activities required for restoration of work after water logged situation delayed work further. 3) Most of construction material such as doors, paint, putty, cement, and transformer come from Kolhapur or by road through Kolhapur. Due to heavy flood situation in Kolhapur for more than a month all roads & business in Kolhapur were non-operational. Major construction material not reached site with in stipulated time period as

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 30 Jul 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 30 Jul 2017
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 31 Jul 2017
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 20 Jul 2020Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 16 Jun 2021

Documents filed31

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.

DocumentUploaded
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC KSHITIJ CORNER com.pdf16 Jun 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC KH (1) com.pdf16 Jun 2021
Architect’s Certificate on Completion of Project (Form 4)File: Document 26 -form 4.pdf16 Jun 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC KH-compressed.pdf20 Jan 2021
Commencement Certificates / NA Order for plotted developmentFile: CC EXTENTION LETTER.pdf20 Jul 2020
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC KSHITIJ CORNER_compressed.pdf20 Jul 2020
Details of Restarting of Construction work post lockdownFile: STATUS REPORT 03072020.pdf20 Jul 2020
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 5 17-18_compressed.pdf31 Dec 2019
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: form 5 18-19_compressed_compressed.pdf31 Dec 2019
Certificates of CA (Form 3)File: CA CERTIFICATE LATEST 04082017.pdf4 Aug 2017
Certificates of CA (Form 5)File: CA CERTIFICATE LATEST 04082017.pdf4 Aug 2017
OtherFile: PROPOSED LAYOUT.pdf4 Aug 2017
Details of encumbrancesFile: SEARCH REPORT.pdf3 Aug 2017
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf3 Aug 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERT.pdf3 Aug 2017
OtherFile: CC.pdf3 Aug 2017
OtherFile: NA ORDER.pdf3 Aug 2017
OtherFile: SALE DEED PARULEKAR.pdf3 Aug 2017
Building plan approvalFile: CC.pdf31 Jul 2017
Building Plan Approval (IOD)File: CC.pdf31 Jul 2017
Layout approvalFile: APROOVED DRAWING.pdf30 Jul 2017
PAN CardFile: pan card svr.pdf30 Jul 2017
PAN CardFile: pan cards kshitij.pdf30 Jul 2017
PAN CardFile: pancard dvr.pdf30 Jul 2017
Copy of the legal title reportFile: SEARCH REPORT.pdf30 Jul 2017
Copy of Layout Approval (in case of layout)File: APROOVED DRAWING.pdf30 Jul 2017
Declaration in FORM BFile: AFFEDEVIT CUM DECLARATION PARTNER 2.pdf30 Jul 2017
Declaration in FORM BFile: DECLARATION CUM AFFEDEVIT PARTNER 1.pdf30 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERT.pdf30 Jul 2017
Proforma of Allotment letterFile: BLANK FORMAT - SHOP.pdf30 Jul 2017
Proforma of Allotment letterFile: ALOTMENT LETTER.pdf30 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.

1 delivered late1 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
Kshitij Market City Phase IIP52900050301Kudal, Sindhudurg100Apr 2023OngoingAug 2027Not due yet
Kshitij Apartmentkudal14-CompletedJul 2017Late, Jul 2017

How this compares with Sindhudurg

21%of Sindhudurg projects moved their completion datethis one moved by 13 months
30%of Sindhudurg registrations have lapsed or been cancelledthis one is completed

Computed across the 530+ Sindhudurg projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Kudal (CT)530+ in Sindhudurg

2 kmKshitij Market City PhasCompleted 16Lapsed / revoked 12Other 20Dot size: filed unitsN

Filed coordinates, straight-line distance. 48 registered projects within 2 km.

Builder: Kshitij Developers

Kshitij Developers has 4 registrations on MahaRERA, including Kshitij Market City Phase I and INDIRA TOWERS. Its filings disclose 3 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Sindhudurg district page.

Frequently asked questions

What are my rights if Kshitij Market City Phase I is delayed beyond 20 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 Kshitij Market City Phase I?

The registered promoter entity is Kshitij Developers, 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 Kshitij Market City Phase I?

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 Kshitij Market City Phase I?

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 Kshitij Market City Phase I?

The professionals named in the filing: Architect: Rajan Joshi & Assosiates; Engineer: Mahesh Kumbhojkar. 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 Kshitij Market City Phase I?

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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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