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Completed No litigation declared Residential / Group Housing project

LAKSHYA DEEP 1

By ASHOK BANARASILAL PUROHIT SHARMA

RG-MH-52550 · RERA P52000017671 · Last updated on MahaRERA portal: 9 Oct 2021

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 1 other registration.

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Apr 2022Possession promisedregistration recorded completed
11 of 11Construction stages doneevery applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 22 documents Report an error

LAKSHYA DEEP 1 is a Residential / Group Housing project by ASHOK BANARASILAL PUROHIT SHARMA in Raigarh, Maharashtra, registered with MahaRERA as P52000017671 on 4 Sep 2018. The registration is recorded completed; possession was promised by 30 Apr 2022.

At a glance

Project

  • NameLAKSHYA DEEP 1
  • TypeResidential / Group Housing
  • Location
    • SECTOR NO 2
    • TALOJE
    • Taloje Panchnad
    • Panvel
    • Raigarh
    • 410208
  • Pincode410208
  • RERA no.P52000017671
  • ReraGenie IDRG-MH-52550

Builder

  • NameASHOK BANARASILAL PUROHIT SHARMA
  • Entity typeIndividual
  • Other registrations1 more →
  • Completed2 of 2
  • Declared earlier projects4 →

Key dates

this monthRegisteredSep 2018PromisedApr 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on4 Sep 2018
  • Promised completion30 Apr 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed22 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
LAKSHYA DEEP 1NA50000

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 Oct 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.

11 of 11 construction stages are filed complete.

LAKSHYA DEEP 1: 100% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 Oct 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 & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

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.

Total parking slots4
Open Space4

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.

Land area200 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI300.0
Proposed, not sanctioned300 sq m
Buildings approved1
Buildings sanctioned1

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 branchRIDDHI SIDDHI BUILDING, SECTOR 20, STATION ROAD, NERUL WEST, NAVI MUMBAI

Certifying professionals and partners2

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

RoleName
ArchitectKALPAK ARCHITECTS
EngineerSAMARTH AGARWAL
PartnerRole in project
ASHOK BANARASILAL PUROHIT SHARMA-

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 24 Aug 2018
  2. Layout approvalOn the file

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

    uploaded 24 Aug 2018
  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 24 Aug 2018
  4. Commencement CertificateOn the file

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

    uploaded 24 Aug 2018Confirm 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 2 Oct 2021

Documents filed22

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
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM 5 LAKSHYA DEEP 1 FY 2018 19.pdf9 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 LAKSHYA DEEP 1 FY 2019 20.pdf9 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: KB LAKSHYA DEEP 1 FORM 5.pdf9 Oct 2021
Declaration about Commencement CertificateFile: CC DECLARATION LAKSHYA DEEP 1.pdf2 Oct 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC COPY LAKSHYA DEEP 1.pdf2 Oct 2021
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 LAKSHYA DEEP 1.pdf2 Oct 2021
Annual Audit Report of Statutory CA (Form 5)File: LAKSHYA DEEP 1.pdf29 Sep 2020
Annual Audit Report of Statutory CA (Form 5)File: KOMAL BUILDERS LAKSHYA DEEP 1.pdf30 Sep 2019
Certificates of CA (Form 3)File: CA CERTIFICATE 35.pdf25 Aug 2018
Building plan approvalFile: BUILDING PLAN 35.pdf24 Aug 2018
Layout approvalFile: LAYOUT PLAN 35.pdf24 Aug 2018
Copy of the legal title reportFile: TITAL REPORT 35.pdf24 Aug 2018
Copy of the legal title reportFile: SEARCH REPORT 35.pdf24 Aug 2018
Details of encumbrancesFile: SELF DECLARATION 35.pdf24 Aug 2018
Copy of Layout Approval (in case of layout)File: LAYOUT PLAN 35.pdf24 Aug 2018
Building Plan Approval (IOD)File: BUILDING PLAN 35.pdf24 Aug 2018
Commencement Certificates / NA Order for plotted developmentFile: C C PLOT 35.pdf24 Aug 2018
Declaration in FORM BFile: FORM B 35.pdf24 Aug 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTIFICATE 35.pdf24 Aug 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE 35.pdf24 Aug 2018
Proforma of Allotment letterFile: DRAFT ALLOTMENT PLOT 35.pdf24 Aug 2018
Proforma of Allotment letterFile: DRAFT AGREEMENT PLOT 35.pdf24 Aug 2018

Promoter's earlier projects4

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.

3 delivered on promise1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
LAKSHYA HOMEPLOT NO 67 SECTOR 26 PHASE II TALOJA RAIGAD14CompletedJun 2017Jun 2017
LAKSHYADEEPPLOT NO 36 SECTOR 2 TALOJA RAIGAD16CompletedMar 2016Late, May 2016
LAKSHYA 1PLOT NO 62 SECTOR 2 TALOJA PHASE 1 RAIGAD9CompletedJan 2015Jan 2015
LAKSHYAPLOT NO 67 SECTOR NO 23 PHASE II TALOJA RAIGAD10CompletedMar 2014Jan 2014

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one has not
26%of Raigarh registrations have lapsed or been cancelledthis one is completed

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad 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.

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Builder: ASHOK BANARASILAL PUROHIT SHARMA

ASHOK BANARASILAL PUROHIT SHARMA has 2 registrations on MahaRERA, including LAKSHYA and LAKSHYA DEEP 1. Its filings disclose 4 earlier MahaRERA projects: declares 3 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 LAKSHYA DEEP 1 is delayed beyond 30 Apr 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 LAKSHYA DEEP 1?

The registered promoter entity is ASHOK BANARASILAL PUROHIT SHARMA, an individual 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 LAKSHYA DEEP 1?

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 LAKSHYA DEEP 1?

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 LAKSHYA DEEP 1?

The professionals named in the filing: Architect: KALPAK ARCHITECTS; Engineer: SAMARTH AGARWAL. 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 LAKSHYA DEEP 1?

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.

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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