Home / Browse projects / Palghar, Maharashtra / NIDHI REALTY PHASE I
NIDHI REALTY PHASE I
RG-MH-27053 · RERA P99000002258 · Last updated on MahaRERA portal: 27 Aug 2022
Source: official MahaRERA filing
Red flags
- Completion date moved by 72 months
- 2 extensions 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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NIDHI REALTY PHASE I is a Mixed project by LALIT NAGINDAS DOSHI in Palghar, Maharashtra, registered with MahaRERA as P99000002258 on 31 Jul 2017. The registration is recorded completed; possession was promised by 31 Dec 2024. The completion date has moved by 72 months from the original filing.
At a glance
Project
- NameNIDHI REALTY PHASE I
- TypeMixed
- Location
- Vasai
- Palghar
- 401208
- Pincode401208
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000002258
- ReraGenie IDRG-MH-27053
Builder
- NameLALIT NAGINDAS DOSHI
- Entity typeIndividual
- Other registrations1 more →
- Completed1 of 2
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on31 Jul 2017
- Promised completion31 Dec 2024
- Revised completionRevised to 31 Dec 2024 (originally 31 Dec 2018)
- Buildings1 building record
- Documents filed40 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SONAL INDUSTRIES | NA | 3 | 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 27 Aug 2022, 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.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 97%.
SONAL INDUSTRIES: 80% 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 | 97% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 97% |
| Sanitary Fittings within the flats / premises | 97% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 97% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 97% |
| 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. | 97% |
Progress on shared amenities15
As on 27 Aug 2022, 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 | 95% |
| Water Supply | Yes | 95% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 95% |
| Storm Water Drains | Yes | 95% |
| Landscaping & Tree Planting | Yes | 95% |
| Street Lighting | Yes | 95% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 95% |
| Solid Waste Management And Disposal | Yes | 95% |
| Water conservation /Rain water harvesting | Yes | 95% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 95% |
| Electrical meter room, sub-station, receiving station | Yes | 95% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 95% |
Parking filed31
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 | EN CON |
| Engineer | EN CON |
| Partner | Role in project |
|---|---|
| LALIT NAGINDAS DOSHI | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDUE TO SHORTAGE OF LAND AND DELAY IN SUBMISSION THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST TO PLEASE GRANT US EXTENSION TILL 31/12/2020. ALL THE REQUIREMENTS HAS BEEN FULFILLED.
Reason as filed by the promotercovide has lead in crunch in financial position of every one and non availability of labor power on time lead us to extend the project to certain extent
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 29 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 2 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 29 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Jan 2022Confirm the Commencement Certificate covers the specific floor you are buying. - 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 27 Aug 2022
Documents filed40
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC COPY NIDHI.pdf | 27 Aug 2022 |
| Architect’s Certificate on Completion of Project (Form 4)File: form 4 on completion.pdf | 27 Aug 2022 |
| Declaration about Commencement CertificateFile: CC DECLRATION REVISED.pdf | 21 Jan 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: eng 19-20.pdf | 21 Jan 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: eng 20-21.pdf | 21 Jan 2022 |
| CERSAI detailsFile: ASSET BASED SEARCH.pdf | 18 Jan 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC nidhi Hotel_compressed.pdf | 12 Jan 2022 |
| Disclosure of sold/ booked inventoryFile: nidhi reality sold unsold.pdf | 12 Jan 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Nidhi realty Form 5 19-20.pdf | 12 Jan 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_200227710550_For_Debtor_Based_Search_08_01_2022_13_21_08_236.pdf | 8 Jan 2022 |
| Declaration about Commencement CertificateFile: CC Declaration (2).pdf | 14 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: VP-5658 Arch.pdf | 14 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg VP-5658_compressed.pdf | 14 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QAC 20.pdf | 14 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QAC 21.pdf | 14 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: Sold Inventories Declaration.pdf | 14 Aug 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM5.pdf | 3 Dec 2019 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: FORM 5 NIDHI REALITY.pdf | 21 Nov 2019 |
| Layout approvalFile: 001.pdf | 2 Nov 2017 |
| Layout approvalFile: 02.pdf | 2 Nov 2017 |
| Copy of Layout Approval (in case of layout)File: 001.pdf | 2 Nov 2017 |
| Copy of Layout Approval (in case of layout)File: 02.pdf | 2 Nov 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: archt certificate 2-10-17.pdf | 2 Nov 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engg certificate 2-10-17.pdf | 2 Nov 2017 |
| Building plan approvalFile: CC2 (1).pdf | 29 Jul 2017 |
| Layout approvalFile: Blue Print 1.pdf | 29 Jul 2017 |
| Layout approvalFile: Blue Print 2.pdf | 29 Jul 2017 |
| PAN CardFile: Pan card.pdf | 29 Jul 2017 |
| Copy of the legal title reportFile: compressed_Title Certificate.pdf | 29 Jul 2017 |
| Copy of the legal title reportFile: Search Report.pdf | 29 Jul 2017 |
| Details of encumbrancesFile: ENCUMBRANCES.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Blue Print 1.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Blue Print 2.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: CC2 (1).pdf | 29 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: CC2 (1).pdf | 29 Jul 2017 |
| Declaration in FORM BFile: form B.pdf | 29 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: arch certificate.pdf | 29 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engg certificate.pdf | 29 Jul 2017 |
| Certificates of CA (Form 3)File: C A DECLARATION.pdf | 29 Jul 2017 |
| Proforma of Allotment letterFile: self declaration.pdf | 29 Jul 2017 |
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How this compares with Palghar
Computed across the 3,200+ Palghar projects on ReraGenie, from their own filings.
Free monthly report: Vasai-Virar and Palghar 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.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 40 filed documents as one ZIP, foldered, with a manifest
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See every Palghar project, with the district possession charts
Builder: LALIT NAGINDAS DOSHI
LALIT NAGINDAS DOSHI has 2 registrations on MahaRERA, including NIDHI REALTY PHASE I and NIDHI HOTEL. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if NIDHI REALTY PHASE I is delayed beyond 31 Dec 2024?
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 NIDHI REALTY PHASE I?
The registered promoter entity is LALIT NAGINDAS DOSHI, an individual 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 NIDHI REALTY PHASE I?
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 NIDHI REALTY PHASE I?
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 NIDHI REALTY PHASE I?
The professionals named in the filing: Architect: EN CON; Engineer: EN CON. 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 NIDHI REALTY PHASE I?
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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