Home / Browse projects / Bhandara, Maharashtra / NEELKANTH APARTMENT
NEELKANTH APARTMENT
By GM BUILDCON
RG-MH-14778 · RERA P50600046613 · Last updated on MahaRERA portal: 17 Aug 2022
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
- 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 2 other registrations.
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NEELKANTH APARTMENT is a Residential / Group Housing project by GM BUILDCON in Bhandara, Maharashtra, registered with MahaRERA as P50600046613 on 25 Aug 2022. Possession is promised by 31 May 2027.
At a glance
Project
- NameNEELKANTH APARTMENT
- TypeResidential / Group Housing
- Location
- MUKHERJEE NAGAR
- BHANDARA
- Bhandara (M Cl)
- 441904
- Pincode441904
- RERA no.P50600046613
- ReraGenie IDRG-MH-14778
Builder
- NameGM BUILDCON
- Entity typePartnership
- PartnersMUNESH PADMAKARRAO TAMNE, VILAS AMBADAS RAMTEKE
- Other registrations2 more →
- Completed1 of 3
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on25 Aug 2022
- Promised completion31 May 2027
- Revised completionNone
- Buildings1 building record
- Documents filed23 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 224/1 | NA | 5 | 0 | 0 | 0 | 0 |
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 17 Aug 2022, 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 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
224/1: 0% average across the applicable activities
| 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 17 Aug 2022, 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 filed11
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.
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| VISHWANATH JOSHI | Bhandara (M Cl) | Bhandara |
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 | ATUL SANDEL |
| Engineer | ATUL SANDEL |
| Chartered Accountant | NITYAPRAKASH LANJEWAR |
| Partner | Role in project |
|---|---|
| GM BUILDCON | - |
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 5 Jul 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 5 Jul 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 5 Jul 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 5 Jul 2022Confirm 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 31 May 2027
Documents filed23
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 |
|---|---|
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL FORM 3 CA 1.pdf | 17 Aug 2022 |
| Proforma of Allotment letterFile: model form of allotment letter_compressed (1).pdf | 3 Aug 2022 |
| Proforma of Allotment letterFile: model agreement to sale_compressed.pdf | 3 Aug 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: bank details_merged_compressed.pdf | 3 Aug 2022 |
| Deviation Report with respect to model copy of AgreementFile: deviation report in agreement to sale.pdf | 3 Aug 2022 |
| Details of encumbrances concerned to LegalFile: no lega encumbrance with date.pdf | 20 Jul 2022 |
| PAN CardFile: pan card vishwanath joshi (1).pdf | 6 Jul 2022 |
| CERSAI detailsFile: cersai report and undertaking.pdf | 6 Jul 2022 |
| Deviation Report with respect to Allotment letterFile: deviation report allotment letter gm build.pdf | 6 Jul 2022 |
| Layout approvalFile: Sanction Map_compr.pdf | 5 Jul 2022 |
| Building plan approvalFile: Building Permit ( NA ORDER ).pdf | 5 Jul 2022 |
| PAN CardFile: Pan Card Firm.pdf | 5 Jul 2022 |
| PAN CardFile: Pan card Munesh Tamne.pdf | 5 Jul 2022 |
| PAN CardFile: Pan Card Vilas Ramteke.pdf | 5 Jul 2022 |
| Copy of the legal title reportFile: LEGAL TITLE REPORT gm Buildcon.pdf | 5 Jul 2022 |
| Details of encumbrances concerned to FinanceFile: No encumberence.pdf | 5 Jul 2022 |
| Copy of Layout Approval (in case of layout)File: Sanction Map_compr.pdf | 5 Jul 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Permit ( NA ORDER ).pdf | 5 Jul 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Building Permit ( NA ORDER ).pdf | 5 Jul 2022 |
| Declaration about Commencement CertificateFile: commencement Certificate format D.pdf | 5 Jul 2022 |
| Declaration in FORM BFile: joshi form b.pdf | 5 Jul 2022 |
| Declaration in FORM BFile: ramteke form B.pdf | 5 Jul 2022 |
| Declaration in FORM BFile: tamne form b.pdf | 5 Jul 2022 |
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Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
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- All 23 filed documents as one ZIP, foldered, with a manifest
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Builder: GM BUILDCON
GM Buildcon has 3 registrations on MahaRERA, including Arunya and NEELKANTH APARTMENT. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Bhandara district page.
Frequently asked questions
What are my rights if NEELKANTH APARTMENT is delayed beyond 31 May 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 NEELKANTH APARTMENT?
The registered promoter entity is GM BUILDCON, 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 NEELKANTH APARTMENT?
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 NEELKANTH APARTMENT?
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 NEELKANTH APARTMENT?
The professionals named in the filing: Architect: ATUL SANDEL; Engineer: ATUL SANDEL; Chartered Accountant: NITYAPRAKASH LANJEWAR. 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 NEELKANTH APARTMENT?
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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