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Completed No litigation declared Others project

LAKE CITY PHASE-2

RG-MH-42931 · RERA P52000017801 · Last updated on MahaRERA portal: 18 Apr 2023

Source: official MahaRERA filing

Buyer report · Rs 499 Download 89 documents (free)

At a glance

Project

  • NameLAKE CITY PHASE-2
  • TypeOthers
  • Location
    • KHOPOLI PALI ROAD
    • PALI SUDHAGAD
    • Bhilpada (khuravale)
    • Sudhagad
    • Raigarh
    • 410205
  • Pincode410205
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000017801
  • ReraGenie IDRG-MH-42931

Builder

Key dates

Registered
17 Sep 2018
Promised
30 Jun 2022

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on17 Sep 2018
  • Promised completion30 Jun 2022
  • Revised completionNone
  • Buildings34 building records
  • Documents filed89 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
C1NA10000
C2 AND C3NA10000
C4 AND C5NA10000
C6 AND C7NA10000
C8 AND C9NA10000
C10 AND C11NA10000
C12 AND C13NA10000
C14 AND C15NA10000
C16 AND C17NA10000
C18 AND C19NA10000
C20 AND C21NA10000
C22 AND C23NA10000
C27NA10000
C28NA10000
C29NA10000
C30NA10000
C31NA10000
C32NA10000
C33NA10000
C34NA10000
B14 AND B15NA20000
B16 AND B17NA20000
B18 AND B19NA20000
B20NA20000
B29 AND B30NA20000
B31 AND B32NA20000
B33 AND B34NA20000
B35 AND B36NA20000
B37 AND B38NA20000
B39 AND B40NA20000
B41 AND B42NA20000
B43 AND B44NA20000
B45 AND B46NA20000
B47 AND B48NA20000

More on this project

These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.

Promoter contact and registered address

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Landowner and land title details

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Project finance and encumbrances

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Architect, engineer and CA certificates

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Unit configuration and carpet areas

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Bank account and 70 percent compliance

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Builder: SADANAND LAXMANRAO PATIL

SADANAND LAXMANRAO PATIL has 5 registrations in this build, including LAKE CITY PHASE-1 and LAKE CITY PHASE-2. Its filings disclose 4 earlier MahaRERA projects: 4 of 4 past projects completed on time. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if LAKE CITY PHASE-2 is delayed beyond 30 Jun 2022?

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 LAKE CITY PHASE-2?

The registered promoter entity is SADANAND LAXMANRAO PATIL, an individual as per the filing. The filing discloses no 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, all downloadable free from this page with a login.

Is my payment protected in LAKE CITY PHASE-2?

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.

Who certifies construction progress at LAKE CITY PHASE-2?

The professionals named in the filing: Architect: ABHIJIT MOHITE; Architect: ADITYA JESWAL; Engineer: SATISH MARATHE; Engineer: K P Badgujar Consultants Pvt Ltd; Engineer: SANKET DARAMWAR; Chartered Accountant: S P MUDALIAR & ASSOCIATES. 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 LAKE CITY PHASE-2?

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.

Planning to buy here? The Rs 499 buyer report adds risk flags, the progress-versus-promise read, the document checklist and the exact questions to ask this builder. Get the buyer report · Rs 499
Studying this micro-market? The developer project analysis covers unit configuration, land and FSI, and competition benchmarks for this project. Developer analysis · Rs 2,999 · coming soon