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Completed No litigation declared Others project

Neelyog Veydaanta

By Ratan Builders

RG-MH-00712 · RERA P51800001645 · Last updated on MahaRERA portal: 10 Apr 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 and every project registered within 2 km.

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Mar 2023Possession promisedregistration recorded completed
6 of 11Construction stages donefurthest along: Sanitary Fittings within the flats /..., 98%
0Complaints at MahaRERAon this registration
Jump to the 50 documents Report an error

Neelyog Veydaanta is a Others project by Ratan Builders in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800001645 on 29 Jul 2017. The registration is recorded completed; possession was promised by 30 Mar 2023.

At a glance

Project

  • NameNeelyog Veydaanta
  • TypeOthers
  • Location
    • Andheri-Ghatkopar Link Road
    • Nityananad Nagar
    • Kurla
    • Mumbai Suburban
    • 400086
  • Pincode400086
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800001645
  • ReraGenie IDRG-MH-00712

Builder

  • NameRatan Builders
  • Entity typePartnership
  • PartnerRushi Yogesh Mehta
  • Other registrations1 more →
  • Completed1 of 2
  • Declared earlier projects2 →

Key dates

this monthRegisteredJul 2017PromisedMar 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on29 Jul 2017
  • Promised completion30 Mar 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed50 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Neelyog Veydaanta Sale Building 1NA180000

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 10 Apr 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.

6 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 98%.

Neelyog Veydaanta Sale Building 1: 81% 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 / premises98%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks95%
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.95%

Progress on shared amenities15

As on 10 Apr 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 & FootpathsYes98%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingNoNot applicable
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes98%
Energy managemcntYes98%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed94

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 slots94
Closed/Covered94

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 area1,948 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI12996.13
Proposed, not sanctioned8,750 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 branchAtlanta Building, Nariman Point, Mumbai

Certifying professionals and partners4

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

RoleName
ArchitectSamoon & Associates Prop Samoon F Rassiwala
EngineerK O Davasia
Chartered AccountantLalit Mehta & Co
Chartered AccountantSonal V Desai
PartnerRole in project
Ratan Builders-

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 19 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 25 Jul 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 29 Nov 2019
  4. Commencement CertificateOn the file

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

    uploaded 29 Nov 2019Confirm 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 28 Apr 2022

Documents filed50

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
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Architect Certificate revised format with Full OC Neelyog Veydaanta.pdf10 Apr 2023
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Full OCC copy.pdf28 Apr 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: CA Certificate to SBI.pdf28 Apr 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Ltr to SBI for closure of RERA ac.pdf28 Apr 2022
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 - Architect certificate Neelyog Vedanta.pdf28 Apr 2022
OtherFile: Ltr for availment of fungible area benefit.pdf20 Apr 2022
OtherFile: Declaration for Passing on Beneifit of Concession in Fungible Premium to Buyers.pdf30 Sep 2021
OtherFile: Declaration for Passing on Beneifit of Consession in Fungible Premium to Buyers.pdf30 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 CA Certificate Neelyog Virat A Wing.pdf29 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5- CA Certificate- Neelyog Veydaanta.pdf29 Sep 2021
Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMNT CERTIFICATE- Format-D.pdf22 Sep 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Neelyog Veydaanta OC 16 09 2021.pdf22 Sep 2021
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked Invenroty Neelyog Veydaanta Wing A B C.pdf20 Jul 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A- Engineers Certificate -Neelyog Veydaanta- March-21.pdf29 Jun 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 CA Certificate Neelyog Veydaanata 31 03 2020.pdf31 Dec 2020
Details of encumbrancesFile: Encumbrances-Bajaj.pdf15 Jul 2020
Building plan approvalFile: Amended Plan Sale Building No 1 23 10 2019.pdf29 Nov 2019
Building Plan Approval (IOD)File: Amended Plan Sale Building No 1 23 10 2019.pdf29 Nov 2019
Commencement Certificates / NA Order for plotted developmentFile: Sale Building No 1 Amended CC 25 10 2019.pdf29 Nov 2019
Form 2AFile: Form 2A- Engineers Certificate-Neelyog Veydaanta -Quality Assurance-Sep-2019.pdf29 Nov 2019
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Neelyog Veydaanta Form 5 Auditors Certificate.pdf29 Nov 2019
Certificates of CA (Form 5)File: Neelyog Veydaanta Form 5 Auditors Certificate.pdf30 Sep 2019
Form 2AFile: FORM 2A -Engineers Certificate- Neelyog Veydaanta -Quality Assurance-Mar-2019.PDf1 Jun 2019
Form 2AFile: Neelyog Veydaanta Engineers Certificate for Quality Assurance-Dec-2018.pdf22 Feb 2019
Certificates of CA (Form 3)File: CA Certificate Form No 3 Neelyog Veydaanta 31 03 2018.pdf18 Dec 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate-Neelyog Veydaanat-31032018.pdf23 Oct 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate- Neelyog Veydaanta-31032018.pdf23 Oct 2018
Certificates of CA (Form 5)File: RATAN BUILDERS NEELYOG VEYDAANTA Form 5CA.pdf15 Oct 2018
Commencement Certificates / NA Order for plotted developmentFile: Neelyog Veydaanta CC 08092018.pdf9 Sep 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTIFICATE 31 12 2017.pdf22 Mar 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate Neelyog Veydaanta 31 12 2017.pdf22 Mar 2018
Certificates of CA (Form 3)File: Ratan Builders C A Certificate 31 12 2017.pdf22 Mar 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Ratan Builders Architect Certificare 30 09 2017.pdf1 Feb 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Ratan Builders Engineers Certificate 30 09 2017.pdf1 Feb 2018
Certificates of CA (Form 3)File: Ratan Builders CA Crtificate 30 09 2017.pdf1 Feb 2018
Proforma of Allotment letterFile: letter of allotment.pdf28 Sep 2017
Layout approvalFile: Layout Plan.pdf25 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout Plan.pdf25 Jul 2017
Declaration in FORM BFile: Affidavit.pdf25 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf25 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate.pdf25 Jul 2017
Certificates of CA (Form 3)File: CA Certificate-Ratan1.pdf25 Jul 2017
Proforma of Allotment letterFile: letter of allotment.pdf25 Jul 2017
OtherFile: Self Declaration - Neelyog Veydaanta.pdf25 Jul 2017
Details of encumbrancesFile: Certificate of Encumbrances.pdf20 Jul 2017
Building plan approvalFile: IOD And Approved Plans.pdf19 Jul 2017
Copy of the legal title reportFile: Neelyog Veyddanta Tile Report.pdf19 Jul 2017
Building Plan Approval (IOD)File: IOD And Approved Plans.pdf19 Jul 2017
PAN CardFile: Pan Card-Ratan.pdf18 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: veydaanta CC.pdf18 Jul 2017

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
Neelyog SamruddhiDhanji Wadi Khot kuwa Road Malad East Mumbai 400097122CompletedDec 2016Late, Apr 2017
Neelyog AnandLaxmi Nagar Andheri Kurla Link Road Ghatkopar East Mumbai 400075134CompletedDec 2015Mar 2014

How this compares with Mumbai Suburban

33%of Mumbai Suburban projects moved their completion datethis one has not
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is completed

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 Nityananad Nagar6,700+ in Mumbai Suburban

2 kmNeelyog VeydaantaCompleted 114Lapsed / revoked 63Other 103Dot size: filed unitsN

Filed coordinates, straight-line distance. 280 registered projects within 2 km.

Builder: Ratan Builders

Ratan Builders has 2 registrations on MahaRERA, including Neelyog Veydaanta and Neelyog Regent. 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 Mumbai Suburban district page.

Frequently asked questions

What are my rights if Neelyog Veydaanta is delayed beyond 30 Mar 2023?

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 Neelyog Veydaanta?

The registered promoter entity is Ratan Builders, 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 Neelyog Veydaanta?

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 Neelyog Veydaanta?

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 Neelyog Veydaanta?

The professionals named in the filing: Architect: Samoon & Associates Prop Samoon F Rassiwala; Engineer: K O Davasia; Chartered Accountant: Lalit Mehta & Co; Chartered Accountant: Sonal V Desai. 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 Neelyog Veydaanta?

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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