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NIDHAAN CINEPLAZA
By M/S. NIDHAAN BUILDCON PRIVATE LIMITED
RG-MH-34482 · RERA P51800014315 · Last updated on MahaRERA portal: 24 Jun 2023
Source: official MahaRERA filing
Red flags
- 1 extension taken
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
1 condition is 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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NIDHAAN CINEPLAZA is a Commercial project by M/S. NIDHAAN BUILDCON PRIVATE LIMITED in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800014315 on 20 Nov 2017. The registration is recorded completed; possession was promised by 30 Sep 2018.
At a glance
Project
- NameNIDHAAN CINEPLAZA
- TypeCommercial
- Location
- Kurla
- Mumbai Suburban
- 400088
- Pincode400088
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800014315
- ReraGenie IDRG-MH-34482
Builder
- NameM/S. NIDHAAN BUILDCON PRIVATE LIMITED
- Entity typeCompany
- DirectorsRAHUL MOHANLAL SHAH, JAGAT VASANT SHAH, NEHAL MULCHAND SAVLA, NAVIN MURJI SHAH
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on20 Nov 2017
- Promised completion30 Sep 2018
- Revised completionNone
- Buildings1 building record
- Documents filed20 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| NIDHAAN CINEPLAZA | 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 24 Jun 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.
4 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 90%.
NIDHAAN CINEPLAZA: 63% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 50% |
| Sanitary Fittings within the flats / premises | 25% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 80% |
| 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. | 50% |
Progress on shared amenities15
As on 24 Jun 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 80% |
| Water Supply | Yes | 40% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 80% |
| Storm Water Drains | Yes | 80% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 10% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 40% |
| Electrical meter room, sub-station, receiving station | Yes | 60% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed30
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SACHIN S SUKUDE OF NASA ARCHITECTURAL CONSULTANTS PVT LTD |
| Engineer | VIBHAKAR SHAH OF SHREEJI CONSULTANT |
| Partner | Role in project |
|---|---|
| M/S. NIDHAAN BUILDCON PRIVATE LIMITED | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThat the construction of the project building viz, Nidhaan Cineplaza has been completed well within the proposed date of completion i.e 30/09/2018. However as stated in the Encumbrance certificate dt. 13/11/2017, part of the plinth area of the project building is common with the abutting wing viz. Nidhaan Clover ‘A’. That two columns of the abutting wing Nidhaan Clover ‘A’ (other phase) are required to be constructed from the common plinth area with the project building and therefore the Occupancy Certificate of the project building is pending issuance on account of the impending construction
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 15 Nov 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 16 Nov 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 16 Nov 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 15 Nov 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed20
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 |
|---|---|
| Details of encumbrancesFile: Nidhaan Cine Plaza Encumbrance Certificate.pdf | 24 Jun 2023 |
| OtherFile: Nidhaan Cineplaza area certifying letter.pdf | 22 Dec 2020 |
| Certificates of CA (Form 5)File: NB-C.PDF | 17 Oct 2019 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 7 Oct 2019 |
| Certificates of CA (Form 5)File: Form 5.pdf | 11 Dec 2018 |
| Details of encumbrancesFile: Encumbrances NCCP.pdf | 15 Jun 2018 |
| Layout approvalFile: IOD.pdf | 16 Nov 2017 |
| Copy of Layout Approval (in case of layout)File: IOD.pdf | 16 Nov 2017 |
| Certificates of CA (Form 3)File: Form 3.PDF | 16 Nov 2017 |
| Building plan approvalFile: IOD.pdf | 15 Nov 2017 |
| PAN CardFile: NBPL PAN.pdf | 15 Nov 2017 |
| Copy of the legal title reportFile: Title Certificate.pdf | 15 Nov 2017 |
| Details of encumbrancesFile: encumbrance certificate.pdf | 15 Nov 2017 |
| Building Plan Approval (IOD)File: IOD.pdf | 15 Nov 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 15 Nov 2017 |
| Declaration in FORM BFile: Title documents.pdf | 15 Nov 2017 |
| Declaration in FORM BFile: Form B final.pdf | 15 Nov 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 15 Nov 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 15 Nov 2017 |
| Proforma of Allotment letterFile: declaration for agreement.pdf | 15 Nov 2017 |
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Buyer report
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- All 20 filed documents as one ZIP, foldered, with a manifest
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Builder: M/S. NIDHAAN BUILDCON PRIVATE LIMITED
M/S. NIDHAAN BUILDCON PRIVATE LIMITED has 1 registration on MahaRERA, including NIDHAAN CINEPLAZA. 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 NIDHAAN CINEPLAZA is delayed beyond 30 Sep 2018?
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 NIDHAAN CINEPLAZA?
The registered promoter entity is M/S. NIDHAAN BUILDCON PRIVATE LIMITED, a company 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 NIDHAAN CINEPLAZA?
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 NIDHAAN CINEPLAZA?
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 NIDHAAN CINEPLAZA?
The professionals named in the filing: Architect: SACHIN S SUKUDE OF NASA ARCHITECTURAL CONSULTANTS PVT LTD; Engineer: VIBHAKAR SHAH OF SHREEJI CONSULTANT. 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 NIDHAAN CINEPLAZA?
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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