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Registration lapsed No litigation declared Residential / Group Housing project

MONARCH RESIDENCY

By MONARCH DEVELOPERS

RG-MH-80637 · RERA P52000015878 · Last updated on MahaRERA portal: 1 Sep 2021

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 46 months past the filed date
  • Completion date moved by 36 months
  • 2 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • 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.

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Dec 2022Possession promised46 months past this date
5 of 11Construction stages donefurthest along: Staircases, 50%
0Complaints at MahaRERAon this registration
Jump to the 25 documents Report an error

MONARCH RESIDENCY is a Residential / Group Housing project by MONARCH DEVELOPERS in Raigarh, Maharashtra, registered with MahaRERA as P52000015878 on 28 Mar 2018. Possession was promised by 31 Dec 2022 and is now 46 months past that date. The completion date has moved by 36 months from the original filing.

At a glance

Project

  • NameMONARCH RESIDENCY
  • TypeResidential / Group Housing
  • Location
    • MAMDAPUR
    • KARJAT
    • Raigarh
    • 410101
  • Pincode410101
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000015878
  • ReraGenie IDRG-MH-80637

Builder

  • NameMONARCH DEVELOPERS
  • Entity typePartnership
  • PartnersJITEN SURESH MHATRE, AMARDEEP PURUSHOTTAM GAONKAR
  • Other registrations5 more →
  • Completed2 of 6
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

46 months past promisethis monthRegisteredMar 2018First promiseDec 2019Revised toDec 2022

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on28 Mar 2018
  • Promised completion31 Dec 2022
  • Revised completionRevised to 31 Dec 2022 (originally 31 Dec 2019)
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MONARCH RESIDENCYNA00000

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 1 Sep 2021, 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 Staircases, at 50%.

MONARCH RESIDENCY: 50% 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/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks50%
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 1 Sep 2021, 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 & FootpathsYes50%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
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 harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
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 area485 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI581.78
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 branchGreen Lawans, Ground Floor, Talati Office, Badlapur

Certifying professionals and partners1

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

RoleName
ArchitectA & K ASSOCIATES
PartnerRole in project
MONARCH DEVELOPERS-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52000005862Dec 2019 → Dec 2020

Reason as filed by the promoterTHE PROJECT COMPRISES OF ONE BUILDING.THE WORK HAS BEEN DELAY DUE TO LACK OF SALES AND FINANCIAL PROBLEM.WE TRY TO INCREASE SALES BY ADVERTISEMENT BUT YET NOW NO SALES TILL DATE.SO WE KINDLY REQUEST YOU TO EXTEND THE DATE OF COMPLETION TO 30/12/2020 TO COMPLETE THE PROJECT

EXT52000010783Dec 2019 → Dec 2022

Reason as filed by the promoterDUE TO RECENT COVID-19 PANDAMICS AND SUBSEQUENT NATIONWIDE LOCKDOWN AND NON AVALABILITY OF WORKERS AND MATERIAL DUE TO LOCKDOWN AND DURING THIS PERIOD NO SALES RAISED SO FUND ISSUE RAISED SO I KINDLY REQUEST YOU TO EXTENDED MY PROJECT TILL 31/12/2022

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 25 Mar 2018
  2. Layout approvalOn the file

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

    uploaded 13 Mar 2018
  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 25 Mar 2018
  4. Commencement CertificateOn the file

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

    uploaded 13 Mar 2018Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed25

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
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: FORM 5 FY 2017-18.pdf1 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM 5 FY 2018-19.pdf1 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 FY 2019-20.pdf1 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 FY 2020-21.pdf1 Sep 2021
Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMNT CERTIFICATE MONARCH RESIDANCY.pdf27 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A MONARCH RESIDENCY ENGINEER CERTIFICATE FOR QULITY ASSURANCE NEW.pdf27 Aug 2021
Disclosure of sold/ booked inventoryFile: Disclosure of sold booked inventory.pdf27 Aug 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 2A MONARCH RESIDENCY ENGINEER CERTIFICATE FOR QULITY ASSURANCE NEW.pdf27 Aug 2021
Disclosure of sold/ booked inventoryFile: Disclosure of sold booked inventory MONARCH RESIDENCY.pdf18 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A MONARCH RESIDENCY ENGINEER CERTIFICATE FOR QULITY ASSURANCE NEW.pdf17 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE.pdf19 Feb 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE.pdf19 Feb 2019
Building plan approvalFile: stamp of plan.pdf25 Mar 2018
Copy of the legal title reportFile: TITLE.pdf25 Mar 2018
Building Plan Approval (IOD)File: stamp of plan.pdf25 Mar 2018
Declaration in FORM BFile: affidavit cum declaration.pdf25 Mar 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architech's certificate.pdf25 Mar 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENG NEW.pdf25 Mar 2018
Certificates of CA (Form 3)File: FORM 3CA CERTIFICATE MONARCH RESIDENCY (2).pdf25 Mar 2018
Proforma of Allotment letterFile: format for agreement of sale.pdf25 Mar 2018
Layout approvalFile: stamp of plan.pdf13 Mar 2018
PAN CardFile: firm pan card.pdf13 Mar 2018
Details of encumbrancesFile: affidavit cum declaration.pdf13 Mar 2018
Copy of Layout Approval (in case of layout)File: stamp of plan.pdf13 Mar 2018
Commencement Certificates / NA Order for plotted developmentFile: zp neral.pdf13 Mar 2018

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one moved by 36 months
26%of Raigarh registrations have lapsed or been cancelledthis one is among them

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad 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 KARJAT5,900+ in Raigarh

2 kmMONARCH RESIDENCYCompleted 49Lapsed / revoked 31Other 45Dot size: filed unitsN

Filed coordinates, straight-line distance. 125 registered projects within 2 km.

Builder: MONARCH DEVELOPERS

MONARCH DEVELOPERS has 6 registrations on MahaRERA, including COSMOS ORCHID and COSMOS ENCLAVE - CHESTNUT. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What does it mean that MONARCH RESIDENCY 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 MONARCH RESIDENCY is delayed beyond 31 Dec 2022?

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 MONARCH RESIDENCY?

The registered promoter entity is MONARCH 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 MONARCH 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 MONARCH 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 MONARCH RESIDENCY?

The professionals named in the filing: Architect: A & K ASSOCIATES. 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 MONARCH 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; 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.

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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