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NEW LAXMI CHHAYA
RG-MH-80605 · RERA P51800009399 · Last updated on MahaRERA portal: 27 Mar 2024
Source: official MahaRERA filing
Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
At a glance
Project
- NameNEW LAXMI CHHAYA
- TypeOthers
- Location
- Road No. 2
- Santacruz West
- Andheri
- Mumbai Suburban
- 400054
- Pincode400054
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800009399
- ReraGenie IDRG-MH-80605
Builder
- NamePARMAR AND SM CONSTRUCTION
- Entity typePartnership
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on22 Aug 2017
- Promised completion30 Jun 2023
- Revised completionRevised to 30 Jun 2023 (originally 31 Jul 2019)
- Buildings2 building records
- Documents filed69 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A WING | NA | 6 | 0 | 0 | 0 | 0 |
| B WING | NA | 6 | 0 | 0 | 0 | 0 |
These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.
Builder: PARMAR AND SM CONSTRUCTION
PARMAR AND SM CONSTRUCTION has 1 registration in this build, including NEW LAXMI CHHAYA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if NEW LAXMI CHHAYA is delayed beyond 30 Jun 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 NEW LAXMI CHHAYA?
The registered promoter entity is PARMAR AND SM CONSTRUCTION, a partnership as per the filing. The filing discloses no 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, all downloadable free from this page with a login.
Is my payment protected in NEW LAXMI CHHAYA?
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.
Who certifies construction progress at NEW LAXMI CHHAYA?
The professionals named in the filing: Architect: PRIYANK BHAT; Engineer: Mr Sanjay Ramu Powar; Chartered Accountant: Shetty Jiwrajka and Co. 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 NEW LAXMI CHHAYA?
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.
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