Home / Browse projects / Ratnagiri, Maharashtra / Lakshminarayan Residency
Lakshminarayan Residency
RG-MH-28973 · RERA P52800027427 · Last updated on MahaRERA portal: 9 Nov 2023
Source: official MahaRERA filing
Red flags
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- 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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Lakshminarayan Residency is a Residential / Group Housing project by M/s Phatak Developers in Ratnagiri, Maharashtra, registered with MahaRERA as P52800027427 on 10 Dec 2020. The registration is recorded completed; possession was promised by 30 Jun 2022.
At a glance
Project
- NameLakshminarayan Residency
- TypeResidential / Group Housing
- Location
- Lakshminarayan mandir
- Dattanagar
- Jalgaon
- Dapoli
- Ratnagiri
- 415712
- Pincode415712
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52800027427
- ReraGenie IDRG-MH-28973
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on10 Dec 2020
- Promised completion30 Jun 2022
- Revised completionNone
- Buildings1 building record
- Documents filed61 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Lakshminarayan Residency | NA | 5 | 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 Nov 2023, 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.
11 of 11 construction stages are filed complete.
Lakshminarayan Residency: 100% 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 | 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 Nov 2023, 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | No | Not applicable |
| 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 | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 100% |
Parking filed10
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 ownership1
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.
| Landowner | Village | District |
|---|---|---|
| Phatak Developers | Jalgaon | Ratnagiri |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pushkar Pradhan |
| Engineer | Jogaesh Madhukar Sadvilkar |
| Chartered Accountant | Shreyas Kakirde |
| Partner | Role in project |
|---|---|
| M/s Phatak Developers | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe unable to complete the project within original due date due to non availability of building material & some financial & technical Issues. We have not applied earlier extension, Hence we request to extend the date of completion of the project.
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 1 Dec 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 1 Dec 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 1 Dec 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 1 Dec 2020Confirm 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 4 Feb 2023
Documents filed61
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4-Lakshminarayan Residency.pdf | 9 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5- Lakshminarayan 2020-21.pdf | 31 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5- Lakshminarayan 2021-22.pdf | 31 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Lakshminarayan 2022-23.pdf | 31 Oct 2023 |
| Declaration in FORM BFile: Form B-Lakshminarayan Resize.pdf | 21 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory Lakshminarayan 30-9-2023.pdf | 21 Oct 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: SEPARATE BANK ACCOUNT DECLARATION.pdf | 9 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Lakshminarayan March 2021.pdf | 6 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Lakshminarayan March 2022.pdf | 6 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Lakshminarayan March 2023.pdf | 6 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory Lakshminarayan.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- Lakshminarayan March 2021.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3-Lakshminarayan June 2021.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- Lakshminarayan Sep 2021.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Lakshminarayan Dec 2021.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- Lakshminarayan March 2022.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- Lakshminarayan June 2022.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3-Lakshminarayan Sep 2022.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3- Lakshminarayan Dec 2022.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3-Lakshminarayan March 2023.pdf | 6 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Lakshminarayan March 2021.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Lakshminarayan June 2021.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakshminarayan Sept 2021.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakshminarayan Dec 2021.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakshminarayan March 2022.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakshminarayan June 2022.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakdhminarayan Sept 2022.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakshminarayan Dec 2022.pdf | 1 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Lakshminarayan March 2023.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Lakshminarayan March 2021.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayan June 2021.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminayan Sept 2021.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayan Dec 2021.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayn March 2022.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayan June 2022.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayan Sept 2022.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayan Dec 2022.pdf | 1 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Lakshminarayan March 2023.pdf | 1 Oct 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation with respect to Allotment Letter.pdf | 1 Oct 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation with respect to Agreement for sale.pdf | 1 Oct 2023 |
| Details of encumbrances concerned to FinanceFile: Declaration to Legal.pdf | 17 May 2023 |
| Details of encumbrances concerned to LegalFile: Declaration to Legal.pdf | 17 May 2023 |
| CERSAI detailsFile: Cersai Report.pdf | 15 May 2023 |
| Proforma of Agreement for saleFile: lakshminarayan sathekhat.pdf | 4 May 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 For Upload New.pdf | 23 Feb 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 For Upload New.pdf | 23 Feb 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Laxmi Narayan OC.pdf | 4 Feb 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: LAXMINARAYAN RESIDENCY FORM 4.pdf | 5 Aug 2022 |
| Details of encumbrancesFile: Maharashtra Real Estate Regulatory Authority-converted.pdf | 6 Dec 2020 |
| Declaration in FORM BFile: form B builder-compressed.pdf | 6 Dec 2020 |
| Proforma of Allotment letterFile: laksminarayan Sample Agreement_compressed-merged.pdf | 6 Dec 2020 |
| Building plan approvalFile: Lakshminarayan building plan.pdf | 1 Dec 2020 |
| Layout approvalFile: Lakshminarayan building plan.pdf | 1 Dec 2020 |
| PAN CardFile: aks basic docs.pdf | 1 Dec 2020 |
| Copy of the legal title reportFile: Lakshminarayan search.pdf | 1 Dec 2020 |
| Copy of Layout Approval (in case of layout)File: Lakshminarayan building plan.pdf | 1 Dec 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: Lakshminarayan building plan.pdf | 1 Dec 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: Lakshmi Narayan NA order.pdf | 1 Dec 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: PHATAK CAPITAL FORM 1 CERTIFICATE-min.pdf | 1 Dec 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Lakshminarayan Engineer certificate.pdf | 1 Dec 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Lakshmi Narayan CA report.pdf | 1 Dec 2020 |
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 |
|---|---|---|---|---|---|
| Padmashree Gruhsankul | Nandanvan nagar At po Jalgaon Tal Dapoli | 9 | Completed | Jun 2015 | May 2015 |
| Varadashree GruhSankul | At Brahmanwadi Po Jalgaon Tal Dapoli DIst Ratnagiri | 16 | Completed | Oct 2014 | Sep 2014 |
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How this compares with Ratnagiri
Computed across the 1,100+ Ratnagiri projects on ReraGenie, from their own 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 61 filed documents as one ZIP, foldered, with a manifest
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Builder: M/s Phatak Developers
M/s Phatak Developers has 4 registrations on MahaRERA, including Phatak Capital and Lakshminarayan Residency. 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 Ratnagiri district page.
Frequently asked questions
What are my rights if Lakshminarayan Residency 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 Lakshminarayan Residency?
The registered promoter entity is M/s Phatak 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 Lakshminarayan Residency?
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 Lakshminarayan Residency?
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 Lakshminarayan Residency?
The professionals named in the filing: Architect: Pushkar Pradhan; Engineer: Jogaesh Madhukar Sadvilkar; Chartered Accountant: Shreyas Kakirde. 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 Lakshminarayan Residency?
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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