Home / Browse projects / Nashik, Maharashtra / LOTUS CAPITAL
LOTUS CAPITAL
RG-MH-14354 · RERA P51600033469 · Last updated on MahaRERA portal: 31 Jul 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Registration lapsed
- Possession 17 months past the filed date
- Completion date moved by 2 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
4 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.
See what the report covers Free either way: or have every new Nashik registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
LOTUS CAPITAL is a Commercial project by BORA REALTY LLP in Nashik, Maharashtra, registered with MahaRERA as P51600033469 on 22 Feb 2022. Possession was promised by 23 May 2025 and is now 17 months past that date. The completion date has moved by 2 months from the original filing. 193 of the 360 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.
At a glance
Project
- NameLOTUS CAPITAL
- TypeCommercial
- Location
- ASHOK STAMBH GANGAPUR ROAD
- ASHOK STAMBH
- Nashik (M Corp.)
- Nashik
- 422001
- Pincode422001
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600033469
- ReraGenie IDRG-MH-14354
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on22 Feb 2022
- Promised completion23 May 2025
- Revised completionRevised to 23 May 2025 (originally 31 Mar 2025)
- Buildings1 building record
- Documents filed98 files
Current status
Figures as on 31 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| LOTUS CAPITAL | NA | 13 | 11 | 50 | 310 | 360 |
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 31 Jul 2026, 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.
5 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 50%.
LOTUS CAPITAL: 54% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 50% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 30% |
| 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. | 10% |
Progress on shared amenities15
As on 31 Jul 2026, 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed73
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 ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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 partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | ANT ASSOCIATE |
| Engineer | SAGAR MAHALE |
| Chartered Accountant | KAVITA TATIYA & COMPANY |
| Chartered Accountant | H Mistry & Associates |
| Chartered Accountant | A N J K Co llp |
| Partner | Role in project |
|---|---|
| BORA REALTY LLP | - |
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 have received Completion Certificate dated as 23.05.2025 as attached along with Form 4. OC mail sent to MAHA RERA from designated planning authority's mail id screenshot is attached. Kindly consider our extension application till the date of occupancy certificate.
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 15 Feb 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 6 Dec 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 16 Feb 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 15 Feb 2022Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed98
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 98 are shown. 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 |
|---|---|
| Withdrawal Update Form 1File: Bora complex form 1 1-4-23.pdf | 31 Jul 2026 |
| Withdrawal Update Form 2File: engineers certificte 5-12-21- updated.pdf | 31 Jul 2026 |
| Withdrawal Update Form 3File: FORM 3.pdf | 31 Jul 2026 |
| Form 2A (FY 2025-2026)File: form 2A FY 2024-25.pdf | 31 Jul 2026 |
| Form 5 (FY 2024-2025)File: FY 24-25.pdf | 31 Jul 2026 |
| Form 5 (FY 2025-2026)File: FY 25-26.pdf | 31 Jul 2026 |
| Form 2A (FY 2023-2024)File: Form 2A FY 2023-24 - Signed.pdf | 21 Jul 2025 |
| Form 2A (FY 2024-2025)File: Form 2A FY 2024-25 - signed.pdf | 21 Jul 2025 |
| Form 1File: Form 1 Architect Certificate - June 24.pdf | 14 Jul 2025 |
| Form 2File: Lotus Capital- Engineers Cert June 24.pdf | 14 Jul 2025 |
| Form 3File: Form 3 CA Certificate - June 2024 - Signed.pdf | 14 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory- June 2024.pdf | 14 Jul 2025 |
| Form 1File: Form 1 Architect Certificate - September 24.pdf | 14 Jul 2025 |
| Form 2File: Lotus Capital- Engineers Cert September 24.pdf | 14 Jul 2025 |
| Form 3File: Form 3 CA Certificate - September 2024 - Signed.pdf | 14 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory-September 2024.pdf | 14 Jul 2025 |
| Form 1File: Form 1 Architect Certificate - Dec 24.pdf | 14 Jul 2025 |
| Form 2File: Lotus Capital- Engineers Cert Dec 24.pdf | 14 Jul 2025 |
| Form 3File: Form 3 CA Certificate - December 2024 - signed.pdf | 14 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Inventory-December 2024.pdf | 14 Jul 2025 |
| Form 1File: Form 1 Architect Certificate - March 25.pdf | 14 Jul 2025 |
| Form 2File: Lotus Capital- Engineers Cert March 25.pdf | 14 Jul 2025 |
| Form 3File: Form 3 CA Certificate - March 2025 - Signed.pdf | 14 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of inventory-March 2025.pdf | 14 Jul 2025 |
| Form 5 (FY 2023-2024)File: Form 5 FY 2023-24 - signed.pdf | 19 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate - June 24.pdf | 6 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate - September 24.pdf | 6 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate - Dec 24.pdf | 6 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate - March 25.pdf | 6 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA Certificate - June 2024 - Signed.pdf | 6 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA Certificate - September 2024 - Signed.pdf | 6 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Lotus Capital- Engineers Cert June 24.pdf | 6 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Lotus Capital- Engineers Cert September 24.pdf | 6 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Lotus Capital- Engineers Cert Dec 24.pdf | 6 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Lotus Capital- Engineers Cert March 25.pdf | 6 May 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory- June 2024.pdf | 6 May 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory-September 2024.pdf | 6 May 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory-December 2024.pdf | 6 May 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of inventory-March 2025.pdf | 6 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3.pdf | 26 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: ENGINEERING CERTIFICATE 23-24.pdf | 11 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf | 11 Jun 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Annual return Form 5 23-24 Lotus capital.pdf | 11 Jun 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DISCLOUSER OF INTREST IN OTHER PROJECT 11-10.pdf | 11 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DISCLOUSER OF INTREST IN OTHER PROJECT 11-10 HITESH NAVLAKHA.pdf | 11 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DISCLOUSER OF INTREST IN OTHER PROJECT 11-10 SAGAR NAVLAKHA.pdf | 11 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engg Certificate.pdf | 6 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 -Lotus Capital - FY 22-23 20-6-23.pdf | 20 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 lotus capital 17-4-23 year 22-23.pdf | 17 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Bora complex form 1 1-4-23.pdf | 13 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 -Lotus Capital - FY 21-22 20-6-22.pdf | 6 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: LOTUS CAPITAL SOLD INVENTORY 1.pdf | 4 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: LOTUS CAPITAL SOLD INVENTORY 2.pdf | 4 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: LOTUS CAPITAL SOLD INVENTORY 3.pdf | 4 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: LOTUS CAPITAL SOLD INVENTORY 4.pdf | 4 Nov 2022 |
| Details of encumbrances concerned to FinanceFile: FORM 1 B FOR LOTUS CAPITAL.pdf | 3 Nov 2022 |
| Details of encumbrances concerned to LegalFile: FORM 1 B FOR LOTUS CAPITAL.pdf | 3 Nov 2022 |
| Proforma of Agreement for saleFile: AGREEMENT TO SALE LOTUS CAPITAL.pdf | 3 Nov 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: SEPRATE BANK ACCOUNT DECLARATION.pdf | 3 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Lotus Capital dated 4-8-22 FINAL.pdf | 4 Aug 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: engineers certificate form 2a 7-7-22 by parag kulkarni.pdf | 14 Jul 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Lotus Capital dated 20-6-22.pdf | 20 Jun 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 -Lotus Capital - FY 21-22 20-6-22.pdf | 20 Jun 2022 |
| Declaration about Commencement CertificateFile: declaration about commenecement 17-2-22.pdf | 17 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 1-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 2-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 3-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 4-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 5-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 6-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 7-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 8-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 9-10.pdf | 16 Feb 2022 |
| Building plan approvalFile: 725 revised 2022 10-10.pdf | 16 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: 725 revised 2022 1-10.pdf | 16 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: 725 revised 2022 2-10.pdf | 16 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: 725 revised 2022 3-10.pdf | 16 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: 725 revised 2022 4-10.pdf | 16 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: 725 revised 2022 5-10.pdf | 16 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: 725 revised 2022 6-10.pdf | 16 Feb 2022 |
Promoter's earlier projects1
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 |
|---|---|---|---|---|---|
| SAMRAT SWASTIK | s.no 152 hadapsar | 72 | Completed | Jan 2009 | Late, Feb 2009 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Nashik
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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 98 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
Keep LOTUS CAPITAL on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near ASHOK STAMBH4,100+ in Nashik
Filed coordinates, straight-line distance. 223 registered projects within 2 km.
SHREE KALIKA PLAZA
DEEPAK KALYANJI CHANDE
Shreeji Celestia
SHREEJI LIFE SPACE
BUSINESS PLUS
MANGO ESTTATE
Iconic Business Center Dwarka
BAGAD PROPERTIES
NAKSHTRA AVENUE
SHYAM DEVELOPERS
RAJEBAHADUR SHOPPING COMPLEX
SHREE SITA DEVELOPER
See every Nashik project, with the district possession charts
Builder: BORA REALTY LLP
BORA REALTY LLP has 2 registrations on MahaRERA, including LOTUS CAPITAL and SAMRAT SARTHAK. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What does it mean that LOTUS CAPITAL shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if LOTUS CAPITAL is delayed beyond 23 May 2025?
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 LOTUS CAPITAL?
The registered promoter entity is BORA REALTY LLP, 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 LOTUS CAPITAL?
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 LOTUS CAPITAL?
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 LOTUS CAPITAL?
The professionals named in the filing: Architect: ANT ASSOCIATE; Engineer: SAGAR MAHALE; Chartered Accountant: KAVITA TATIYA & COMPANY; Chartered Accountant: H Mistry & Associates; Chartered Accountant: A N J K Co llp. 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 LOTUS CAPITAL?
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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback