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Completed No litigation declared Residential / Group Housing project

Navshya Elite

By Dhruv Developers

RG-MH-08504 · RERA P51600009682 · Last updated on MahaRERA portal: 21 Mar 2018

Source: official MahaRERA filing

Red flags

  • Completion date moved by 3 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

2 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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Mar 2018Possession promisedregistration recorded completed
9 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 25 documents Report an error

Navshya Elite is a Residential / Group Housing project by Dhruv Developers in Nashik, Maharashtra, registered with MahaRERA as P51600009682 on 22 Aug 2017. The registration is recorded completed; possession was promised by 31 Mar 2018. The completion date has moved by 3 months from the original filing.

At a glance

Project

  • NameNavshya Elite
  • TypeResidential / Group Housing
  • Location
    • Aanandwali
    • Nashik
    • 422013
  • Pincode422013
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600009682
  • ReraGenie IDRG-MH-08504

Builder

  • NameDhruv Developers
  • Entity typePartnership
  • PartnerSadanand Rameshrao Deshmukh

Key dates

this monthRegisteredAug 2017First promiseDec 2017Revised toMar 2018Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on22 Aug 2017
  • Promised completion31 Mar 2018
  • Revised completionRevised to 31 Mar 2018 (originally 31 Dec 2017)
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Navshya EliteNA170000

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 21 Mar 2018, 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.

9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

Navshya Elite: 82% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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 21 Mar 2018, 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 DrainsNoNot applicable
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 requirementsYes100%
Electrical meter room, sub-station, receiving stationNoNot applicable
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed24

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.

Total parking slots24
Closed/Covered18
Open Space6

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 area963 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI1339.37
Proposed, not sanctioned1,339 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 branchRaj Arcade Plot No 16 S No 307 A Ambad Link Rd Op Hotel Excellency Nashik Maharashatra

Certifying professionals and partners3

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

RoleName
ArchitectRishikesh Pawar
EngineerYogin Kulkarni
EngineerAmit Sanap and Associates
PartnerRole in project
Dhruv Developers-

Extensions applied for1

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

EXT51600000030Dec 2017 → May 2018

Reason as filed by the promoterTo, RERA Authority, Mumbai Subject : Request for Extension Period Respected Sir/ Madam, I, Sadanand Rameshrao Deshmukh Partner of Dhruv Developers request you to grant extension of said project as due to delay in getting completion certificate from Nashik Municipal Corportaion we are not able to proceed to execute certain documents like Declaration of Apartment. As we have completed procedure with Nashik Municipal Corporation regarding completion and as the officer of the Nashik Municipal Corporation (NMC) is on leave and only sign of the said authority is pending. As Project has been complete

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 15 Aug 2017
  2. Layout approvalOn the file

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

    uploaded 15 Aug 2017
  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 15 Aug 2017
  4. Commencement CertificateOn the file

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

    uploaded 15 Aug 2017Confirm 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
Status of Formation of Legal EntityFile: Declaration index-II.pdf21 Mar 2018
Status of ConveyanceFile: deed_of_apartment_index-II_compressed.pdf21 Mar 2018
Status of ConveyanceFile: Declaration index-II.pdf21 Mar 2018
Certificates of Architect (Form 4)File: Form-4.pdf22 Jan 2018
OtherFile: Completion Certificate Navshya Elite.pdf14 Jan 2018
Proforma of Allotment letterFile: Proforma of Allotment Letter.PDF16 Aug 2017
OtherFile: Development Agreement Part 1.PDF16 Aug 2017
OtherFile: development agreement Part 2.pdf16 Aug 2017
OtherFile: Development Agreement Part 3.pdf16 Aug 2017
OtherFile: Receipt for Application for Completion Certificate.pdf16 Aug 2017
Building plan approvalFile: Building plan Approval.pdf15 Aug 2017
Layout approvalFile: Copy of layout approval.pdf15 Aug 2017
PAN CardFile: pancard.pdf15 Aug 2017
Copy of the legal title reportFile: Copy of legal title report.pdf15 Aug 2017
Details of encumbrancesFile: Details of encumbrances.pdf15 Aug 2017
Copy of Layout Approval (in case of layout)File: Copy of layout approval.pdf15 Aug 2017
Building Plan Approval (IOD)File: Building plan Approval.pdf15 Aug 2017
Commencement Certificates / NA Order for plotted developmentFile: commencement.pdf15 Aug 2017
Declaration in FORM BFile: Declaration Form B.pdf15 Aug 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Certificate of Architect Form-1.PDF15 Aug 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: certificate of Engineer Form-2.PDF15 Aug 2017
Certificates of CA (Form 3)File: Certificate of CA Form 3.PDF15 Aug 2017
Certificates of CA (Form 5)File: Certificate of CA Form 5.PDF15 Aug 2017
Proforma of Allotment letterFile: agreemen to sale.pdf15 Aug 2017
OtherFile: partnership deed new.pdf15 Aug 2017

How this compares with Nashik

10%of Nashik projects moved their completion datethis one moved by 3 months
19%of Nashik registrations have lapsed or been cancelledthis one is completed

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.

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How alerts work

Other projects near Aanandwali4,100+ in Nashik

2 kmNavshya EliteCompleted 57Lapsed / revoked 18Other 49Dot size: filed unitsN

Filed coordinates, straight-line distance. 124 registered projects within 2 km.

Builder: Dhruv Developers

Dhruv Developers has 1 registration on MahaRERA, including Navshya Elite. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if Navshya Elite is delayed beyond 31 Mar 2018?

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 Navshya Elite?

The registered promoter entity is Dhruv 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 Navshya Elite?

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 Navshya Elite?

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 Navshya Elite?

The professionals named in the filing: Architect: Rishikesh Pawar; Engineer: Yogin Kulkarni; Engineer: Amit Sanap and 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 Navshya Elite?

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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