Home / Browse projects / Akola, Maharashtra / Lotus Park
Lotus Park
By Pankaj Rameshchandra Kothari
RG-MH-36751 · RERA P50100047492 · Last updated on MahaRERA portal: 2 May 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- 1 complaint at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
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.
See what the report covers Free either way: or have every new Akola 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 Park is a Residential / Group Housing project by Pankaj Rameshchandra Kothari in Akola, Maharashtra, registered with MahaRERA as P50100047492 on 2 Nov 2022. Possession is promised by 31 Dec 2026. 54 of the 442 units on this registration are recorded sold or booked, and 20 of 110 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameLotus Park
- TypeResidential / Group Housing
- Location
- Opposite Tukaram Bidkar School
- Shivani
- Akola (M Corp.)
- Akola
- 444104
- Pincode444104
- MapView location on Google Maps (as filed on RERA)
- RERA no.P50100047492
- ReraGenie IDRG-MH-36751
Builder
- NamePankaj Rameshchandra Kothari
- Entity typeIndividual
- Other registrations2 more →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on2 Nov 2022
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings10 building records
- Documents filed58 files
Current status
Figures as on 2 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A1 | NA | 8 | 7 | 84 | 0 | 84 |
| A2 | NA | 8 | 7 | 84 | 0 | 84 |
| A3 | NA | 8 | 8 | 86 | 0 | 86 |
| B1 | NA | 8 | 8 | 84 | 6 | 90 |
| B2 | NA | 8 | 7 | 56 | 0 | 56 |
| C1 | NA | 2 | 2 | 9 | 0 | 9 |
| C2 | NA | 2 | 2 | 9 | 0 | 9 |
| C3 | NA | 2 | 2 | 2 | 0 | 2 |
| C4 | NA | 2 | 2 | 10 | 0 | 10 |
| C5 | NA | 2 | 2 | 12 | 0 | 12 |
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 building10
As on 2 May 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.
20 of 110 construction stages are filed complete across 10 buildings. The stage furthest along is Plinth, at 90%.
A150%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
A241%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
A370%
| 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 | 70% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
B10%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
B20%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
C131%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 90% |
| Stilt Floor | 50% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
C20%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
C30%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
C49%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
C59%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 2 May 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 | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| 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 | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed744
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.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| A1 | 132 | 0 | 132 |
| A2 | 164 | 0 | 164 |
| A3 | 165 | 0 | 165 |
| B1 | 92 | 0 | 92 |
| B2 | 65 | 0 | 65 |
| C1 | 0 | 27 | 27 |
| C2 | 0 | 27 | 27 |
| C3 | 0 | 6 | 6 |
| C4 | 0 | 30 | 30 |
| C5 | 0 | 36 | 36 |
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| A1 | NA | Rs 8.00 cr | Rs 1.45 cr |
| A2 | NA | Rs 8.00 cr | Rs 12.00 lakh |
| B2 | NA | Rs 8.00 cr | - |
| A3 | NA | Rs 7.00 cr | Rs 4.10 cr |
| - | NA | Rs 7.00 cr | - |
| C5 | NA | Rs 2.00 cr | - |
| B1 | NA | Rs 1.40 cr | - |
| C2 | NA | Rs 1.00 cr | Rs 18.00 lakh |
| C3 | NA | Rs 1.00 cr | - |
| C4 | NA | Rs 1.00 cr | - |
| C1 | NA | Rs 10.00 lakh | - |
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 | Nandan Mahalle |
| Architect | Kamlesh Kriplani |
| Engineer | Pradeep Agrawal Agrawal |
| Chartered Accountant | Agrawal Bajoria Padiya & Associates |
| Chartered Accountant | P.C.BHANDARI & CO. |
| Partner | Role in project |
|---|---|
| Pankaj Rameshchandra Kothari | - |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| SM12500152 | Mrinal Katkar | Pankaj Rameshchandra Kothari | 01/10/2025 |
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 3 Oct 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 8 Aug 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 3 Oct 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 8 Aug 2022Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2026
Documents filed58
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 |
|---|---|
| Withdrawal Update Form 1File: Form 1.pdf | 2 May 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 2 May 2026 |
| Withdrawal Update Form 3File: Form 3.pdf | 2 May 2026 |
| Withdrawal Update Form 1File: Form 1.pdf | 7 Feb 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 7 Feb 2026 |
| Withdrawal Update Form 3File: Form 3.pdf | 7 Feb 2026 |
| Form 5 (FY 2024-2025)File: From 5 LP.pdf | 10 Jan 2026 |
| Withdrawal Update Form 1File: Form 1 300625.pdf | 27 Dec 2025 |
| Withdrawal Update Form 1 | 27 Dec 2025 |
| Withdrawal Update Form 2File: Form 2 300625.pdf | 27 Dec 2025 |
| Withdrawal Update Form 2 | 27 Dec 2025 |
| Withdrawal Update Form 3File: Form 3 300625.pdf | 27 Dec 2025 |
| Withdrawal Update Form 3 | 27 Dec 2025 |
| Form 1File: Form 1 310325.pdf | 8 Oct 2025 |
| Form 2File: Form 2 310325.pdf | 8 Oct 2025 |
| Form 3File: Form 3 310325.pdf | 8 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold unsold 310325.pdf | 8 Oct 2025 |
| Withdrawal Update Form 1File: Form 1 300625.pdf | 8 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 300625.pdf | 8 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 300625.pdf | 8 Oct 2025 |
| Form 2A (FY 2023-2024)File: LP 31-03-2023.pdf | 8 Oct 2025 |
| Form 2A (FY 2022-2023)File: LP 31-03-2024.pdf | 8 Oct 2025 |
| Form 2A (FY 2024-2025)File: LP 31-03-2025.pdf | 8 Oct 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 23-24.pdf | 30 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 21122 TO 311222.pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 1123 TO 31323.pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 010423 TO 300623.pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 010723 TO 300923.pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 11023 TO 311223.pdf | 25 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 010124 TO 310324.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 02-11-22 to 31-12-22.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 01-01-23 to 31-03-23.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 01-04-23 to 30-06-23.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 01-07-23 to 30-09-23.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 01-10-23 to 31-12-23.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 01-01-24 to 31-03-24.pdf | 25 Apr 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 2024.pdf | 25 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: LP FROM 5.pdf | 20 Oct 2023 |
| Building plan approvalFile: Sanction Map.pdf | 3 Oct 2022 |
| Copy of the legal title reportFile: Legal search report.pdf | 3 Oct 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Map.pdf | 3 Oct 2022 |
| Proforma of Agreement for saleFile: ALLOTMENT LEITER -LP.pdf | 3 Oct 2022 |
| Proforma of Allotment letterFile: ALLOTMENT LEITER -LP.pdf | 3 Oct 2022 |
| Deviation Report with respect to Allotment letterFile: DEVIATION REPORT.pdf | 3 Oct 2022 |
| Details of encumbrances concerned to FinanceFile: Finance Encumberance.pdf | 24 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Legal Encumberance.pdf | 24 Aug 2022 |
| Declaration about Commencement CertificateFile: Declaration about Commencementg Certificate.pdf | 24 Aug 2022 |
| CERSAI detailsFile: Declaration abour security interest along with CERSAI report.pdf | 24 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 24 Aug 2022 |
| Proforma of Allotment letterFile: Agreement to Sale.pdf | 24 Aug 2022 |
| Proforma of Agreement for saleFile: Agreement to Sale.pdf | 24 Aug 2022 |
| Deviation Report with respect to model copy of AgreementFile: Deviation with Agreement to sale.pdf | 24 Aug 2022 |
| Layout approvalFile: Lotus Park NOC Shivni AKola.pdf | 8 Aug 2022 |
| PAN CardFile: PAN.pdf | 8 Aug 2022 |
| Copy of Layout Approval (in case of layout)File: Lotus Park NOC Shivni AKola.pdf | 8 Aug 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 8 Aug 2022 |
| Declaration in FORM BFile: FORM B.pdf | 8 Aug 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seprate bank Account.pdf | 8 Aug 2022 |
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How this compares with Akola
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 58 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Pankaj Rameshchandra Kothari
Pankaj Rameshchandra Kothari has 3 registrations on MahaRERA, including Lotus Green and Lotus Park. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Akola district page.
Frequently asked questions
What are my rights if Lotus Park is delayed beyond 31 Dec 2026?
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 Park?
The registered promoter entity is Pankaj Rameshchandra Kothari, 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 Lotus Park?
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 do I read the complaint cases filed against Lotus Park?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Lotus Park?
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 Park?
The professionals named in the filing: Architect: Nandan Mahalle; Architect: Kamlesh Kriplani; Engineer: Pradeep Agrawal Agrawal; Chartered Accountant: Agrawal Bajoria Padiya & Associates; Chartered Accountant: P.C.BHANDARI & 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 Lotus Park?
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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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.
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