Home / Browse projects / Nashik, Maharashtra / Madhav Park
Madhav Park
RG-MH-71137 · RERA P51600054716 · Last updated on MahaRERA portal: 25 Nov 2025
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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Madhav Park is a Residential / Group Housing project by M/S Kapse Developers in Nashik, Maharashtra, registered with MahaRERA as P51600054716 on 6 Feb 2024. Possession is promised by 19 Jul 2027. 0 of the 36 units on this registration are recorded sold or booked, and 0 of 22 construction stages are filed complete.
At a glance
Project
- NameMadhav Park
- TypeResidential / Group Housing
- Location
- Vihitgaon
- Nashik
- 422101
- Pincode422101
- RERA no.P51600054716
- ReraGenie IDRG-MH-71137
Builder
- NameM/S Kapse Developers
- Entity typePartnership
- PartnersChhaya Santosh Kapse, Chaitali Ajay Kapse, Ravi Ramdas Kapse, Santosh Ramdas Kapse, Gayatri Ravi Kapse
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on6 Feb 2024
- Promised completion19 Jul 2027
- Revised completionNone
- Buildings2 building records
- Documents filed53 files
Current status
Figures as on 25 Nov 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Madhav Park Building B | NA | 8 | 7 | 28 | 0 | 28 |
| Madhav Park Building A | NA | 3 | 0 | 8 | 0 | 8 |
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 building2
As on 25 Nov 2025, 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.
0 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 0%.
Madhav Park Building B0%
| 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% |
Madhav Park Building A0%
| 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% |
Progress on shared amenities15
As on 25 Nov 2025, 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 | No | Not applicable |
| 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 | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed50
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 |
|---|---|---|---|
| Madhav Park Building B | 33 | 0 | 33 |
| Madhav Park Building A | 1 | 16 | 17 |
Land and ownership4
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| Santosh Ramdas Kapse | VIHITGAON | Nashik |
| Gayatri Ravi Kapse | VIHITGAON | Nashik |
| Chhaya Santosh Kapse | VIHITGAON | Nashik |
| Chaitali Ajay Kapse | VIHITGAON | Nashik |
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 | ER Ashok Jamdar |
| Engineer | Girish Ramchandra Satpute |
| Chartered Accountant | CA Nitin S Mahajan |
| Partner | Role in project |
|---|---|
| M/S Kapse 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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 20 Nov 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 20 Nov 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 20 Nov 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 27 Dec 2023Confirm 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 19 Jul 2027
Documents filed53
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 |
|---|---|
| Form 1File: From 1-Mar-2024.pdf | 25 Nov 2025 |
| Form 2File: From -2 Mar-2024-Engineer-30-03-2024.pdf | 25 Nov 2025 |
| Form 3File: From-3 Mar-2024-CA Certificate.pdf | 25 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: mar 24.pdf | 25 Nov 2025 |
| Form 1File: From 1-Jun-2024.pdf | 25 Nov 2025 |
| Form 2File: From -2 June-2024-Engineer-30-06-2024.pdf | 25 Nov 2025 |
| Form 3File: From-3 June-2024-CA Certificate.pdf | 25 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: June 24.pdf | 25 Nov 2025 |
| Form 1File: From 1-Sep-2024.pdf | 25 Nov 2025 |
| Form 2File: From -2 Sep-2024-Engineer-30-09-2024.pdf | 25 Nov 2025 |
| Form 3File: From-3 Sep-2024-CA Certificate.pdf | 25 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Sep 24.pdf | 25 Nov 2025 |
| Form 1File: From 1-Dec-2024.pdf | 25 Nov 2025 |
| Form 2File: From -2 Dec-2024-Engineer-31-12-2024.pdf | 25 Nov 2025 |
| Form 3File: From-3 Dec-2024-CA Certificate.pdf | 25 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Dec 24.pdf | 25 Nov 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: From 1-Mar-2024.pdf | 5 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: From 1-Jun-2024.pdf | 5 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: From 1-Sep-2024.pdf | 5 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: From 1-Dec-2024.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From-3 Mar-2024-CA Certificate.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From-3 Mar-2024-CA Certificate.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From-3 June-2024-CA Certificate_11zon.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From-3 Sep-2024-CA Certificate_11zon.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From-3 Dec-2024-CA Certificate_11zon.pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: From -2 Mar-2024-Engineer-30-03-2024.pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: From -2 June-2024-Engineer-30-06-2024.pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: From -2 Sep-2024-Engineer-30-09-2024.pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: From -2 Dec-2024-Engineer-31-12-2024.pdf | 5 Feb 2025 |
| Details of encumbrances concerned to FinanceFile: Financial Encumbrances.pdf | 28 Jan 2024 |
| Details of encumbrances concerned to LegalFile: Financial Encumbrances.pdf | 28 Jan 2024 |
| Details of encumbrances concerned to FinanceFile: No Legal Encumbrances.pdf | 27 Dec 2023 |
| Details of encumbrances concerned to LegalFile: No Legal Encumbrances.pdf | 27 Dec 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: kapse commencement certificate.pdf | 27 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate new.pdf | 27 Dec 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Declaration of interest in other real estate organisation.pdf | 27 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Ms Kapse Developers CA Certificate.pdf | 8 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: KAPSE - FROM -1 RERA_001.pdf | 7 Dec 2023 |
| Layout approvalFile: Approved Project Plan.pdf | 20 Nov 2023 |
| Building plan approvalFile: Approved Project Plan.pdf | 20 Nov 2023 |
| PAN CardFile: PAN Card.pdf | 20 Nov 2023 |
| Copy of the legal title reportFile: kapse legal title report.pdf | 20 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: Approved Project Plan.pdf | 20 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Approved Project Plan.pdf | 20 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: REA51600150462.pdf | 20 Nov 2023 |
| Declaration about Commencement CertificateFile: kapse declaration about commencement certificate.pdf | 20 Nov 2023 |
| Declaration in FORM BFile: kapse Form B.pdf | 20 Nov 2023 |
| CERSAI detailsFile: kapse declaration of no CERSAI.pdf | 20 Nov 2023 |
| Proforma of Agreement for saleFile: Proforma agreement to sale.pdf | 20 Nov 2023 |
| Proforma of Allotment letterFile: Proforma allotment letter-madhav park.pdf | 20 Nov 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Kapse declaration about separate bank account.pdf | 20 Nov 2023 |
| Deviation Report with respect to Allotment letterFile: kapse deviation report.pdf | 20 Nov 2023 |
| Deviation Report with respect to model copy of AgreementFile: kapse deviation to agreement to sale.pdf | 20 Nov 2023 |
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 |
|---|---|---|---|---|---|
| Madhav Heights | Vidhate Nagar | 24 | Completed | Jul 2026 | Nov 2022 |
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Buyer report
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Builder: M/S Kapse Developers
M/S Kapse Developers has 1 registration on MahaRERA, including Madhav Park. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if Madhav Park is delayed beyond 19 Jul 2027?
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 Madhav Park?
The registered promoter entity is M/S Kapse 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 Madhav 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 current is the construction progress shown for Madhav 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 Madhav Park?
The professionals named in the filing: Architect: ER Ashok Jamdar; Engineer: Girish Ramchandra Satpute; Chartered Accountant: CA Nitin S Mahajan. 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 Madhav 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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