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Completed No litigation declared Residential / Group Housing project

MAHALAXMI APARTMENT PHASE 2

By CAV PROJECTS PRIVATE LIMITED

RG-MH-23148 · RERA P53100032707 · Last updated on MahaRERA portal: 15 Dec 2023

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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Mar 2024Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 34 documents Report an error

MAHALAXMI APARTMENT PHASE 2 is a Residential / Group Housing project by CAV PROJECTS PRIVATE LIMITED in Sangli, Maharashtra, registered with MahaRERA as P53100032707 on 24 Jan 2022. The registration is recorded completed; possession was promised by 30 Mar 2024.

At a glance

Project

  • NameMAHALAXMI APARTMENT PHASE 2
  • TypeResidential / Group Housing
  • Location
    • -
    • Sangli Miraj Kupwad (M Corp.)
    • Miraj
    • Sangli
    • 416410
  • Pincode416410
  • RERA no.P53100032707
  • ReraGenie IDRG-MH-23148

Builder

  • NameCAV PROJECTS PRIVATE LIMITED
  • Entity typeCompany
  • Managing DirectorsYOGESH SANJAY CHOUGULE, SACHIN KALLAPPA VATHARE
  • Other registrations1 more →
  • Completed2 of 2

Key dates

this monthRegisteredJan 2022PromisedMar 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on24 Jan 2022
  • Promised completion30 Mar 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed34 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MAHALAXMI APARTMENT PHASE 2NA60000

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 15 Dec 2023, 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%.

MAHALAXMI APARTMENT PHASE 2: 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 15 Dec 2023, 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 DrainsYes100%
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 ParkingNoNot applicable

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 area309 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI516.59
Proposed, not sanctioned517 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 branchGR FL SHUBHAM PLAZA CSNO 150AND 151 B1 OPP BIG BAZAR SANGLI

Certifying professionals and partners3

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

RoleName
ArchitectVIVEK K RASAL
EngineerNIRANJAN B CHOUGULE
Chartered AccountantRUSHIKESH BELVALKAR
PartnerRole in project
CAV PROJECTS PRIVATE LIMITED-

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 Jan 2022
  2. Layout approvalOn the file

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

    uploaded 13 Jan 2022
  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 Jan 2022
  4. Commencement CertificateOn the file

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

    uploaded 6 Jan 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 7 Nov 2023

Documents filed34

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: declaration.pdf15 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FROM 1.pdf7 Nov 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FROM 2.pdf7 Nov 2023
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION.pdf7 Nov 2023
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4.pdf7 Nov 2023
Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf13 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FROM 3 22-23.pdf13 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FROM 1.pdf17 Feb 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf17 Feb 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FROM 3.pdf17 Feb 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM1.pdf30 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: form 2a-1.pdf30 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: form 2a-2.pdf30 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: form 2a-3.pdf30 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: form 2a-4.pdf30 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FROM 1.pdf16 Aug 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf16 Aug 2022
Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf16 Aug 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FROM 31.pdf16 Aug 2022
Layout approvalFile: nakasha.pdf13 Jan 2022
Copy of Layout Approval (in case of layout)File: nakasha.pdf13 Jan 2022
Building plan approvalFile: dwg.pdf6 Jan 2022
PAN CardFile: pan card.pdf6 Jan 2022
Copy of the legal title reportFile: format A.pdf6 Jan 2022
Details of encumbrancesFile: ENCUMBRANCE CERTI.pdf6 Jan 2022
Building Plan Approval / NA Order for plotted developmentFile: dwg.pdf6 Jan 2022
Commencement Certificates / NA Order for plotted developmentFile: building permission.pdf6 Jan 2022
Declaration about Commencement CertificateFile: DCC.pdf6 Jan 2022
Declaration in FORM BFile: affidavit cum declaration-compressed.pdf6 Jan 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architects certificate form 1.pdf6 Jan 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engg certificate form 2.pdf6 Jan 2022
CERSAI detailsFile: CERSAI_Search_Report_200227561307_For_Asset_Based_Search_06_01_2022_15_18_58_050.pdf6 Jan 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: c a certificat.pdf6 Jan 2022
Proforma of Allotment letterFile: agreement for sale.pdf6 Jan 2022

How this compares with Sangli

11%of Sangli projects moved their completion datethis one has not
29%of Sangli registrations have lapsed or been cancelledthis one is completed

Computed across the 790+ Sangli projects on ReraGenie, from their own filings.

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Builder: CAV PROJECTS PRIVATE LIMITED

CAV PROJECTS PRIVATE LIMITED has 2 registrations on MahaRERA, including MAHALAXMI HORIZON and MAHALAXMI APARTMENT PHASE 2. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Sangli district page.

Frequently asked questions

What are my rights if MAHALAXMI APARTMENT PHASE 2 is delayed beyond 30 Mar 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 MAHALAXMI APARTMENT PHASE 2?

The registered promoter entity is CAV PROJECTS PRIVATE LIMITED, a company 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 MAHALAXMI APARTMENT PHASE 2?

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 MAHALAXMI APARTMENT PHASE 2?

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 MAHALAXMI APARTMENT PHASE 2?

The professionals named in the filing: Architect: VIVEK K RASAL; Engineer: NIRANJAN B CHOUGULE; Chartered Accountant: RUSHIKESH BELVALKAR. 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 MAHALAXMI APARTMENT PHASE 2?

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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