Home / Browse projects / Nagpur, Maharashtra / NEW TOWN
NEW TOWN
RG-MH-74124 · RERA P50500051094 · Last updated on MahaRERA portal: 5 Feb 2025
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
- 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 every project registered within 2 km.
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NEW TOWN is a Plotted project by Sri Balaji Developers in Nagpur, Maharashtra, registered with MahaRERA as P50500051094 on 29 May 2023. Possession is promised by 31 Dec 2026. 11 of the 120 units on this registration are recorded sold or booked.
At a glance
Project
- NameNEW TOWN
- TypePlotted
- Location
- Kh. No. 108
- p.H. 63
- Mouza - Shirmi
- Tahsil - Katol
- Distt. - Nagpur
- Shirmi
- Katol (M Cl)
- Katol
- Nagpur
- 441302
- Pincode441302
- MapView location on Google Maps (as filed on RERA)
- RERA no.P50500051094
- ReraGenie IDRG-MH-74124
Builder
- NameSri Balaji Developers
- Entity typePartnership
- PartnersKotha Aravind Kumar Reddy, Surekha Vedavelly, Pathuri Venkata Ramana Reddy
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on29 May 2023
- Promised completion31 Dec 2026
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed57 files
Current status
Figures as on 5 Feb 2025, this project's latest MahaRERA filing.
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 5 Feb 2025, 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.
NA Plot Without Structure:
| Activity | Progress |
|---|---|
| Excavation | Not applicable |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | Not applicable |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | Not applicable |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | Not applicable |
| Sanitary Fittings within the flats / premises | Not applicable |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | Not applicable |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | Not applicable |
| 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. | Not applicable |
Progress on shared amenities15
As on 5 Feb 2025, 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 | Yes | 90% |
| Water Supply | Yes | 75% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 75% |
| Storm Water Drains | Yes | 75% |
| Landscaping & Tree Planting | Yes | 75% |
| Street Lighting | Yes | 75% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 75% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 75% |
| Aggregate area of recreational Open Space | Yes | 75% |
| Open Parking | No | Not applicable |
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.
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 | Ashish Khobragde |
| Engineer | Ajay Reddy |
| Chartered Accountant | Rishi LAshkare Lashkare |
| Partner | Role in project |
|---|---|
| Sri Balaji Developers | - |
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 23 May 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 15 Apr 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 7 Apr 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Apr 2023Confirm 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 Dec 2026
Documents filed57
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 |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: New Town - Form 1 - September 2024.pdf | 5 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: New Town - Form 1 - December 2024.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: New Town - Form 3 - September 2024_compressed.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: New Town - Form 3 - December 2024_compressed.pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: New Town - Form 2 - September 2024.pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: New Town - Form 2 - December 2024.pdf | 5 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: New Town - Disclosure - September 2024.pdf | 5 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: New Town - Disclosure - December 2024.pdf | 5 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE - JUNE 2023.pdf | 13 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arrchitect Certificate - September 2023.pdf | 13 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf | 13 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate - March 2024.pdf | 13 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate - June 2024.pdf | 13 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate - March 2024.pdf | 13 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate - June 2024.pdf | 13 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold - March 2024.pdf | 13 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold - June 2024.pdf | 13 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate - March 2024.pdf | 13 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate - June 2024.pdf | 13 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE - JUNE 2023.pdf | 1 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arrchitect Certificate - September 2023.pdf | 1 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE.pdf | 1 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate - 2023.pdf | 1 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate - September 2023.pdf | 1 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf | 1 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold - June 2023.pdf | 1 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold - September 2023.pdf | 1 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD - NEW TOWN.pdf | 1 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: NEW TOWN - CA CERTIFICATE - JUNE 2023_compressed.pdf | 1 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: New Town - CA Certificate - September 2023_compressed.pdf | 1 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE_compressed.pdf | 1 Jan 2024 |
| Copy of the legal title reportFile: Legal Title Report 108 NEW.pdf | 23 May 2023 |
| Layout approvalFile: Sanction Map 108.pdf | 15 Apr 2023 |
| Copy of Layout Approval (in case of layout)File: Sanction Map 108.pdf | 15 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM - 3 CA Certificate - 108 NEw.pdf | 15 Apr 2023 |
| Other - TechnicalFile: CREDAI - Balaji Nagar.pdf | 15 Apr 2023 |
| Declaration in FORM BFile: Form B - 108.pdf | 8 Apr 2023 |
| Building plan approval or NA orderFile: NA Order 108.pdf | 7 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Certificate - Finance.pdf | 7 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Certificate - Legal.pdf | 7 Apr 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance Certificate - Finance.pdf | 7 Apr 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance Certificate - Legal.pdf | 7 Apr 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: NA Order 108.pdf | 7 Apr 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: NA Order 108.pdf | 7 Apr 2023 |
| Declaration about Commencement CertificateFile: Declaration of CC.pdf | 7 Apr 2023 |
| CERSAI detailsFile: CERSAI.pdf | 7 Apr 2023 |
| CERSAI detailsFile: Self Declaration of CERSAI.pdf | 7 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Format A - Declaration of Interest in Other Organisation - Badhakal Pavan.pdf | 7 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Format A - Declaration of Interest in Other Organisation - Kotha Aravind.pdf | 7 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Format A - Declaration of Interest in Other Organisation - Pathuri Venkata.pdf | 7 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Format A - Declaration of Interest in Other Organisation - Surekha.pdf | 7 Apr 2023 |
| Proforma of Agreement for saleFile: Draft Agreement to Sell.pdf | 7 Apr 2023 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 7 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A Bank Account.pdf | 7 Apr 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Report with respect to Allotment Letter.pdf | 7 Apr 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report with respect to Model agreement.pdf | 7 Apr 2023 |
| PAN CardFile: Shri Balaji Developers.pdf | 9 Mar 2023 |
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Builder: Sri Balaji Developers
Sri Balaji Developers has 1 registration on MahaRERA, including NEW TOWN. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nagpur district page.
Frequently asked questions
What are my rights if NEW TOWN is delayed beyond 31 Dec 2026?
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 TOWN?
The registered promoter entity is Sri Balaji Developers, 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 NEW TOWN?
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 NEW TOWN?
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 NEW TOWN?
The professionals named in the filing: Architect: Ashish Khobragde; Engineer: Ajay Reddy; Chartered Accountant: Rishi LAshkare Lashkare. 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 TOWN?
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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