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Completed No litigation declared Residential / Group Housing project

LAXMI RESIDENCY

By SAMARTH BUILDERS AND DEVELOPERS

RG-MH-78335 · RERA P51600048941 · Last updated on MahaRERA portal: 16 Oct 2024

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.

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Dec 2024Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 66 documents Report an error

LAXMI RESIDENCY is a Residential / Group Housing project by SAMARTH BUILDERS AND DEVELOPERS in Nashik, Maharashtra, registered with MahaRERA as P51600048941 on 24 Jan 2023. The registration is recorded completed; possession was promised by 31 Dec 2024.

At a glance

Project

  • NameLAXMI RESIDENCY
  • TypeResidential / Group Housing
  • Location
    • AMBAD KHIRD
    • PLOT NP 33 SURVEY NO 219/B/1 VRUNDAVAN NAGAR NEAR V K PATIL SCHOOL
    • Nashik (M Corp.)
    • Nashik
    • 422010
  • Pincode422010
  • RERA no.P51600048941
  • ReraGenie IDRG-MH-78335

Builder

  • NameSAMARTH BUILDERS AND DEVELOPERS
  • Entity typePartnership
  • PartnerVANDANA SANJAY KARANKE

Key dates

this monthRegisteredJan 2023PromisedDec 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on24 Jan 2023
  • Promised completion31 Dec 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed66 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
LAXMI RESIDENCYNA50000

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 16 Oct 2024, 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.

10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

LAXMI RESIDENCY: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
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 16 Oct 2024, 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 SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingNoNot applicable
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 requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed18

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 slots18
Closed/Covered1
Open Space17

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 area374 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI855.02
Proposed, not sanctioned855 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 branchMAZADA TOWER TRIMBAK NAKA NASHIK 422001

Certifying professionals and partners4

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

RoleName
ArchitectDHIRAJ WALUNJ
EngineerAMOLKUMAR MOTILAL BHOI
Chartered AccountantBHALGAT BOTHARA AND ASSOCIATES TUSHAR S LOKHANDE
Chartered AccountantMUKESH V KHOND AND CO
PartnerRole in project
SAMARTH BUILDERS AND DEVELOPERS-

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 6 Dec 2022
  2. Layout approvalOn the file

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

    uploaded 10 Jan 2023
  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 6 Dec 2022
  4. Commencement CertificateOn the file

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

    uploaded 6 Dec 2022Confirm 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 May 2024

Documents filed66

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
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-1.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-2.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-3.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-4.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-5.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-6.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-7.pdf16 Oct 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Deed of Declaration 28 03 2024_compressed-8.pdf16 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form2A quality assurance 31032024.pdf16 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 120224.pdf14 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form-5 of RERA 2324 Laxmi.pdf14 Oct 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion certificate.pdf2 May 2024
Architect’s Certificate on Completion of Project (Form 4)File: Laxmi Res RERA FORM-4.pdf2 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Laxmi Residency RERA form-1_compressed.pdf21 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Laxmi Residency RERA Form-2_compressed.pdf21 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Laxmi Residency-1.pdf31 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf20 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf20 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA Form-1 Archit 300923.pdf10 Nov 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA FORM2 RCC Designer 300923.pdf10 Nov 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera form 3 30-06-2023_compressed.pdf10 Nov 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: samarth builder 30_10_23.pdf10 Nov 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA Form-1 Archit 300923.pdf20 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA FORM2 RCC Designer 300923.pdf20 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: form 5 NA.pdf22 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: form 5 NA.pdf22 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: form 5 NA.pdf22 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: form 5 NA.pdf22 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5 NA.pdf22 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form-5 of RERA annual audit 2223.PDF22 Sep 2023
Disclosure of sold/ booked inventoryFile: Sold and Booked Inventory 310323.pdf21 Sep 2023
Disclosure of sold/ booked inventoryFile: Sold and Booked inv 150923.pdf21 Sep 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 310323 Laxmi residency.pdf21 Sep 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A of Jul 31 2023.pdf3 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM1.pdf26 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf26 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM2.pdf26 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf26 Jul 2023
Layout approvalFile: Layout letter Doc.pdf10 Jan 2023
Layout approvalFile: Layout new 090123.pdf10 Jan 2023
Layout approvalFile: Plot layout.pdf10 Jan 2023
Copy of Layout Approval (in case of layout)File: Layout letter Doc.pdf10 Jan 2023
Copy of Layout Approval (in case of layout)File: Layout new 090123.pdf10 Jan 2023
Copy of Layout Approval (in case of layout)File: Plot layout.pdf10 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: rera form 1 New.pdf10 Jan 2023
Details of encumbrances concerned to FinanceFile: FINANCIAL NO ENCUMBRANCE 090123.pdf9 Jan 2023
Details of encumbrances concerned to LegalFile: FINANCIAL NO ENCUMBRANCE 090123.pdf9 Jan 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEXRE A.pdf9 Jan 2023
Building plan approvalFile: Building sanction plan_compressed.pdf6 Dec 2022
PAN CardFile: PAN SAMARTH.pdf6 Dec 2022
Copy of the legal title reportFile: Legal Title Report.pdf6 Dec 2022
Details of encumbrances concerned to FinanceFile: non encumbrance legal.pdf6 Dec 2022
Details of encumbrances concerned to LegalFile: non encumbrance legal.pdf6 Dec 2022
Building Plan Approval / NA Order for plotted developmentFile: Building sanction plan_compressed.pdf6 Dec 2022
Commencement Certificates / NA Order for plotted developmentFile: Commencement certificate.pdf6 Dec 2022
Commencement Certificates / NA Order for plotted developmentFile: Commencement change name.pdf6 Dec 2022
Declaration about Commencement CertificateFile: Declaration about commencement.pdf6 Dec 2022
Declaration in FORM BFile: RERA FORM B notaries affidavit.pdf6 Dec 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form2 Engg.pdf6 Dec 2022
CERSAI detailsFile: FINAL REPORT UPLOAD.pdf6 Dec 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 30112022.pdf6 Dec 2022
Proforma of Allotment letterFile: Allottment letter final_compressed.pdf6 Dec 2022
Proforma of Agreement for saleFile: FINAL AGREEMENT DRAFT_compressed.pdf6 Dec 2022
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Separate bank account details.pdf6 Dec 2022
Deviation Report with respect to Allotment letterFile: Allotment no deviation.pdf6 Dec 2022
Deviation Report with respect to model copy of AgreementFile: Agreement No Deviation.pdf6 Dec 2022

How this compares with Nashik

10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is completed

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik 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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How alerts work

Other projects near PLOT NP 33 SURVEY NO 219/B/1 VRUNDAVAN NAGAR NEAR V K PATIL SCHOOL4,100+ in Nashik

Builder: SAMARTH BUILDERS AND DEVELOPERS

SAMARTH BUILDERS AND DEVELOPERS has 1 registration on MahaRERA, including LAXMI RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if LAXMI RESIDENCY is delayed beyond 31 Dec 2024?

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 LAXMI RESIDENCY?

The registered promoter entity is SAMARTH BUILDERS AND 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 LAXMI 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 LAXMI 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 LAXMI RESIDENCY?

The professionals named in the filing: Architect: DHIRAJ WALUNJ; Engineer: AMOLKUMAR MOTILAL BHOI; Chartered Accountant: BHALGAT BOTHARA AND ASSOCIATES TUSHAR S LOKHANDE; Chartered Accountant: MUKESH V KHOND AND 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 LAXMI 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.

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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