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Registered No litigation declared Residential / Group Housing project

NEEL VIHAR 2

By NEELGAGAN DEEVELOPERS

RG-MH-62678 · RERA P50500024745 · Last updated on MahaRERA portal: 6 Jul 2026

Source: official MahaRERA filing

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

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 and every project registered within 2 km.

See what the report covers Free either way: or have every new Nagpur registration emailed to you, free during the pilot beta.
Dec 2031Possession promisedno revision filed
52 of 77Construction stages doneacross 7 buildings; furthest along: Slabs of Super Structure, 99%
9 of 70Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 117 documents Report an error

NEEL VIHAR 2 is a Residential / Group Housing project by NEELGAGAN DEEVELOPERS in Nagpur, Maharashtra, registered with MahaRERA as P50500024745 on 2 Mar 2020. Possession is promised by 30 Dec 2031. 61 of the 70 units on this registration are recorded sold or booked, and 52 of 77 construction stages are filed complete.

At a glance

Project

  • NameNEEL VIHAR 2
  • TypeResidential / Group Housing
  • Location
    • NARSALA ROAD
    • NARSALA
    • Nagpur (Rural)
    • Nagpur
    • 440034
  • Pincode440034
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P50500024745
  • ReraGenie IDRG-MH-62678

Builder

  • NameNEELGAGAN DEEVELOPERS
  • Entity typePartnership
  • PartnersSHARAD RAJENDRA JAIN, HARDIK JITENDRA JAIN, JAY MAHENDRA JAIN, NIRMALA CHAGAN JAIN
  • Other registrations1 more →
  • Completed1 of 2
  • Declared earlier projects2 →

Key dates

this monthRegisteredMar 2020PromisedDec 2031

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on2 Mar 2020
  • Promised completion30 Dec 2031
  • Revised completionNone
  • Buildings7 building records
  • Documents filed117 files

Current status

87%61 of 70 units booked
97.0%Work done, per cost certificate

Figures as on 6 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BUILDING 4NA22606
BUILDING 5NA5532032
BUILDING 6NA22707
BUILDING 7NA22707
BUILDING 8NA22606
BUILDING 9NA22606
BUILDING 10NA22606

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 building7

As on 6 Jul 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.

52 of 77 construction stages are filed complete across 7 buildings. The stage furthest along is Slabs of Super Structure, at 99%.

BUILDING 473%
ActivityProgress
Excavation100%
Basement (if any)0%
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.0%
BUILDING 570%
ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure99%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises94%
Sanitary Fittings within the flats / premises94%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks94%
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.85%
BUILDING 682%
ActivityProgress
Excavation100%
Basement (if any)0%
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%
BUILDING 773%
ActivityProgress
Excavation100%
Basement (if any)0%
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.0%
BUILDING 873%
ActivityProgress
Excavation100%
Basement (if any)0%
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.0%
BUILDING 973%
ActivityProgress
Excavation100%
Basement (if any)0%
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.0%
BUILDING 1073%
ActivityProgress
Excavation100%
Basement (if any)0%
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.0%

Progress on shared amenities15

As on 6 Jul 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 facilityProposedProgress
Internal Roads & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed7

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 slots7
Open Space7
BuildingOpen SpaceTotal
BUILDING 411
BUILDING 511
BUILDING 611
BUILDING 711
BUILDING 811
BUILDING 911
BUILDING 1011

Land and ownership

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.

Land area5,172 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on10 Nov 2025

Approvals and building plan

Sanctioning authorityNagpur Municipal Corporation
Permissible FSI5171.63
Proposed, not sanctioned5,172 sq m
Buildings approved7
Buildings sanctioned7

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 branchCONGRESS NAGAR
Estimated costRs 18.62 cr
Cost incurredRs 18.07 cr
Work done97.05%
BuildingWingEstimatedIncurred
BUILDING 5NARs 10.65 crRs 10.10 cr
BUILDING 6NARs 1.42 crRs 1.42 cr
BUILDING 4NARs 1.30 crRs 1.30 cr
BUILDING 10NARs 1.13 crRs 1.13 cr
BUILDING 7NARs 1.12 crRs 1.12 cr
BUILDING 8NARs 1.04 crRs 1.04 cr
BUILDING 9NARs 1.04 crRs 1.04 cr
-NARs 92.00 lakhRs 92.00 lakh

Certifying professionals and partners7

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

RoleName
ArchitectSANDEEP PANDIT PANDIT
EngineerB P GOHAR
EngineerVIKESH MESHRAM
EngineerAVINASH THOTE
Chartered AccountantSHANU BOSE
Chartered AccountantMANISH WATMODE & ASSOCIATES
Chartered AccountantTHAKKAR AND ASSOCIATES
PartnerRole in project
NEELGAGAN DEEVELOPERS-

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 Feb 2020
  2. Layout approvalOn the file

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

    uploaded 6 Feb 2020
  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 Feb 2020
  4. Commencement CertificateOn the file

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

    uploaded 6 Feb 2020Confirm 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 4 Oct 2022

Documents filed117

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 117 are shown. 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
Withdrawal Update Form 1File: form 1 neel vihar 2.pdf6 Jul 2026
Withdrawal Update Form 2File: form 2 neel vihar 2.pdf6 Jul 2026
Withdrawal Update Form 3File: FORM 3 NEEL VIHAR 2.pdf6 Jul 2026
Withdrawal Update Form 1File: Scan2026-03-12_111414.pdf16 Mar 2026
Withdrawal Update Form 2File: Scan2026-03-12_111847.pdf16 Mar 2026
Withdrawal Update Form 3File: Scan2026-03-12_110547.pdf16 Mar 2026
Withdrawal Update Form 1File: form 1 of neel vihar 22.pdf8 Dec 2025
Withdrawal Update Form 2File: form 2 of neel vihar 2.pdf8 Dec 2025
Withdrawal Update Form 3File: neel vihar 2 form 3.pdf8 Dec 2025
Form 2A (FY 2024-2025)File: Form 2A.pdf8 Dec 2025
Form 1File: form 1 neel v.pdf3 Dec 2025
Form 2File: nel vi form 2.pdf3 Dec 2025
Form 3File: form 3 neel v.pdf3 Dec 2025
Disclosure of Sold and Booked InventoryFile: form 3 neel v.pdf3 Dec 2025
Withdrawal Update Form 1File: form 1 of neel vihar 22.pdf3 Dec 2025
Withdrawal Update Form 1File: form 1 of neel vihar 22.pdf3 Dec 2025
Withdrawal Update Form 1File: form 1 of neel vihar 22.pdf3 Dec 2025
Withdrawal Update Form 2File: form 2 of neel vihar 2.pdf3 Dec 2025
Withdrawal Update Form 2File: form 2 of neel vihar 2.pdf3 Dec 2025
Withdrawal Update Form 2File: form 2 of neel vihar 2.pdf3 Dec 2025
Withdrawal Update Form 3File: form 3 of neel vihar 2.pdf3 Dec 2025
Withdrawal Update Form 3File: form 3 of neel vihar 2.pdf3 Dec 2025
Withdrawal Update Form 3File: form 3 of neel vihar 2.pdf3 Dec 2025
Form 5 (FY 2024-2025)File: form 5 of neel vihar 2.pdf3 Dec 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Scan2025-05-06_120350.pdf6 May 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Scan2025-05-06_120959.pdf6 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Scan2025-05-06_115857.pdf6 May 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Scan2025-05-06_115152.pdf6 May 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Scan2025-02-04_110942.pdf4 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Scan2025-02-01_113649.pdf1 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Scan2025-02-01_113341.pdf1 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Scan2025-02-01_113008.pdf1 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: DocScanner 22-Oct-2024 12-06 pm.pdf22 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: img264.pdf21 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: img267.pdf21 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: img272.pdf21 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: img273.pdf21 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: img210.pdf26 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: img213.pdf26 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: img204.pdf26 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: img207.pdf26 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: img188.pdf24 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: img196.pdf24 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: img186.pdf22 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: img150.pdf19 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: img150.pdf19 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: img122.pdf16 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: img110 (1).pdf30 Mar 2024
Disclosure of sold/ booked inventoryFile: SOLD INVENTORY.pdf13 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA Certificate_compressed.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 1 (2).pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER 2.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RE3.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER4.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER5.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER6.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER7.pdf29 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER8.pdf29 Feb 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Dec 21 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 June-20 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Dec-20 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 June-21 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 March - 22 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 March-21 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Sep-21 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Sep-20 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Dec-22 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Sep-23 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Dec-23 N2_compressed.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3Neel Vihar 1.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Neel vihar2 30--6-22 (1).pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3 Neel vihar2 30-9-23.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Neel vihar2 31-12-2022.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: june-23.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Neel vihar2 31-12-23.pdf20 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Neel vihar2 30-9-22.pdf20 Jan 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form5.pdf20 Jan 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Adobe Scan 14-Oct-2023 (1).pdf14 Oct 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Adobe Scan 16-Aug-2023.pdf16 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: qua as cer 10.pdf16 Apr 2023

Promoter's earlier projects2

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.

1 delivered on promise1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
NEEL VIHAR WING CNARSALA NAGPUR51CompletedJun 2018May 2018
NEEL VIHAR WING BNARSALA NAGPUR48CompletedMay 2018Late, Aug 2018

How this compares with Nagpur

87%of this project is bookeddistrict median 35%
13%of Nagpur projects moved their completion datethis one has not
22%of Nagpur registrations have lapsed or been cancelledthis one is on the register

Computed across the 2,800+ Nagpur projects on ReraGenie, from their own filings.

Free monthly report: Nagpur 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 NARSALA2,800+ in Nagpur

2 kmNEEL VIHAR 2Completed 46Lapsed / revoked 20Other 55Dot size: filed unitsN

Filed coordinates, straight-line distance. 121 registered projects within 2 km.

Builder: NEELGAGAN DEEVELOPERS

NEELGAGAN DEEVELOPERS has 2 registrations on MahaRERA, including NEEL VIHAR 1 and NEEL VIHAR 2. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Nagpur district page.

Frequently asked questions

What are my rights if NEEL VIHAR 2 is delayed beyond 30 Dec 2031?

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 NEEL VIHAR 2?

The registered promoter entity is NEELGAGAN DEEVELOPERS, 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 NEEL VIHAR 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 NEEL VIHAR 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 NEEL VIHAR 2?

The professionals named in the filing: Architect: SANDEEP PANDIT PANDIT; Engineer: B P GOHAR; Engineer: VIKESH MESHRAM; Engineer: AVINASH THOTE; Chartered Accountant: SHANU BOSE; Chartered Accountant: MANISH WATMODE & 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 NEEL VIHAR 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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