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Completed No litigation declared Residential / Group Housing project

NEERA HOMES

By PRIME REALTIES

RG-MH-81074 · RERA P52000017922 · Last updated on MahaRERA portal: 22 Jun 2024

Source: official MahaRERA filing

Red flags

  • Completion date moved by 18 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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Aug 2022Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 25 documents Report an error

NEERA HOMES is a Residential / Group Housing project by PRIME REALTIES in Raigarh, Maharashtra, registered with MahaRERA as P52000017922 on 25 Sep 2018. The registration is recorded completed; possession was promised by 28 Aug 2022. The completion date has moved by 18 months from the original filing.

At a glance

Project

  • NameNEERA HOMES
  • TypeResidential / Group Housing
  • Location
    • VADGHAR
    • Vadghar (CT)
    • Panvel
    • Raigarh
    • 410206
  • Pincode410206
  • RERA no.P52000017922
  • ReraGenie IDRG-MH-81074

Builder

  • NamePRIME REALTIES
  • Entity typePartnership
  • PartnersMADAN BAMA MHATRE, RAMESH NANA MHATRE, RAJESH PARSHURAM MHATRE, RASHID JAMALUDDIN KHAN
  • Other registrations3 more →
  • Completed4 of 4

Key dates

this monthRegisteredSep 2018First promiseFeb 2021Revised toAug 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on25 Sep 2018
  • Promised completion28 Aug 2022
  • Revised completionRevised to 28 Aug 2022 (originally 28 Feb 2021)
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
NEERA HOMESNA60000

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 22 Jun 2024, 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.

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

NEERA HOMES: 91% 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/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 22 Jun 2024, 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 SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
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 harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

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
Closed/Covered4
Open Space3

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.

Land area300 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
NEERABAI GAJANAN PATILKolhi koparRaigarh

Approvals and building plan

Permissible FSI449.68
Proposed, not sanctioned450 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 branchSECTOR 36 KAMOTHE, PANVEL 410206

Certifying professionals and partners1

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

RoleName
ArchitectATUL PATEL ARCHITECTS
PartnerRole in project
PRIME REALTIES-

Extensions applied for1

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

EXT52000009383Feb 2021 → Feb 2022

Reason as filed by the promoterThe Project has been delayed on account of various reasons beyond our control and more particularly due to Lockdown announced on account of pandemic of Covid-19. Due to this unprecedented crises, we have witnessed the reverse migration of labourers and shortage of liquidity in the market. Moreover various private and Government offices have not been working at full strength and the complete supply chain has broken down. It appears that it is going to take a lot of time to normalize the real estate industry.

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 11 Sep 2018
  2. Layout approvalOn the file

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

    uploaded 11 Sep 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 11 Sep 2018
  4. Commencement CertificateOn the file

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

    uploaded 11 Sep 2018Confirm 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 5 Nov 2022

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
Architect’s Certificate on Completion of Project (Form 4)File: Form -4 Neera Homes.pdf22 Jun 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Prime Realties Form-5.pdf20 Nov 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Prime Realties Form5_Neera Home.pdf12 Dec 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 170-OC.pdf5 Nov 2022
Other - TechnicalFile: R4-PK Virtual Completion Certi.pdf20 Aug 2022
Declaration about Commencement CertificateFile: Declaration About CC.pdf25 Mar 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2A Neera Homes FY 19 20.pdf25 Mar 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 2A Neera Homes FY 20 21.pdf25 Mar 2022
Disclosure of sold/ booked inventoryFile: Sold Book Inventory.pdf25 Mar 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Prime Realties Neera Home Form 5.pdf11 Mar 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf9 Mar 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: F-5 FY 19-20.pdf15 Apr 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: PRIME REALTIES -NEERA HOMES.pdf13 Nov 2019
Building plan approvalFile: Building Plan Approval.pdf11 Sep 2018
Layout approvalFile: Building Plan Approval.pdf11 Sep 2018
PAN CardFile: Prime Realties Pan.pdf11 Sep 2018
Copy of the legal title reportFile: Title Certificate Neera Homes-.pdf11 Sep 2018
Details of encumbrancesFile: Encumbrance Letter 11 09 18-min.pdf11 Sep 2018
Copy of Layout Approval (in case of layout)File: Building Plan Approval.pdf11 Sep 2018
Building Plan Approval (IOD)File: Building Plan Approval.pdf11 Sep 2018
Commencement Certificates / NA Order for plotted developmentFile: CC Neera Homes.pdf11 Sep 2018
Declaration in FORM BFile: FORM B Neera Home Propmoter.pdf11 Sep 2018
Certificates of CA (Form 3)File: FORM-3.pdf11 Sep 2018
Proforma of Allotment letterFile: Allottment_letter_-_as_per_RERA_Neera Homes.pdf11 Sep 2018
Proforma of Allotment letterFile: NEERA HOMES AGREEMENT FOR SALE.pdf11 Sep 2018

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one moved by 18 months
26%of Raigarh registrations have lapsed or been cancelledthis one is completed

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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Other projects near VADGHAR5,900+ in Raigarh

Builder: PRIME REALTIES

PRIME REALTIES has 4 registrations on MahaRERA, including PRIME CORNER and KANHA HOMES. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if NEERA HOMES is delayed beyond 28 Aug 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 NEERA HOMES?

The registered promoter entity is PRIME REALTIES, 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 NEERA HOMES?

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 NEERA HOMES?

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 NEERA HOMES?

The professionals named in the filing: Architect: ATUL PATEL ARCHITECTS. 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 NEERA HOMES?

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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