Home / Browse projects / Mumbai Suburban, Maharashtra / NIDHI TOWERS
NIDHI TOWERS
RG-MH-26307 · RERA P51800008893 · Last updated on MahaRERA portal: 9 Aug 2024
Source: official MahaRERA filing
Red flags
- 3 complaints at MahaRERA
- Completion date moved by 24 months
- 3 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
3 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.
See what the report covers Free either way: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
NIDHI TOWERS is a Residential / Group Housing project by RAJAN KUMAR MANCHANDA in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800008893 on 19 Aug 2017. The registration is recorded completed; possession was promised by 31 Jul 2024. The completion date has moved by 24 months from the original filing. 3 complaints are on record with the regulator.
At a glance
Project
- NameNIDHI TOWERS
- TypeResidential / Group Housing
- Location
- NEW LINK ROAD
- ANDHERI
- Mumbai Suburban
- 400049
- Pincode400049
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800008893
- ReraGenie IDRG-MH-26307
Builder
- NameRAJAN KUMAR MANCHANDA
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on19 Aug 2017
- Promised completion31 Jul 2024
- Revised completionRevised to 31 Jul 2024 (originally 31 Jul 2022)
- Buildings1 building record
- Documents filed104 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| NIDHI TOWERS | NA | 12 | 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 9 Aug 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%.
NIDHI TOWERS: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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 9 Aug 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 0% |
| 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 | 90% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed42
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 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.
| Landowner | Village | District |
|---|---|---|
| RAJANKUMAR | Andheri | Mumbai Suburban |
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 | ASHIM KHATRI |
| Engineer | Ajay Mahale |
| Chartered Accountant | A K O R D & CO |
| Partner | Role in project |
|---|---|
| RAJAN KUMAR MANCHANDA | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter• The High Court of Bombay had put a stay on construction of new buildings for residential or commercial use, including malls, hotels and restaurants until the civic authorities comply with Municipal Solid Waste (Management and Handling) Rules, 2000. The Supreme Court by its order dated March 15, 2018 lifted the ban on construction of new buildings in Mumbai. MCGM only in Mid June 2018 allocated location where debris could be dumped. • During the Arbitration proceedings frivolous complaints were filed against us by M/s. Niraj Kakad Construction Pvt. Ltd. in MCGM due to which stop work notices
Reason as filed by the promoter• The promoter is the land owner of the project who has undergone hardships due to erstwhile promoter and also the disputes raised by only allottees of the projects. • The building is on the verge of completion however we had appointed M/s. Mitsubishi Elevator India Private Limited Wherein Installation was supposed to be initiated in the month of April 2023. They have not been able to deploy a contractor for installation of the lifts for past 3 months as they are facing acute shortage of labour. We have sent a legal notice through our Advocates (Copy Enclosed). • The amount of ₹ 7.65 Crores wa
Reason as filed by the promoter1)The consents as may be obtained from the allottees in Format-B 2) Reasons why the required percentage of consents from allottees could not be obtained and efforts taken for the same; 3) Reasons why the application for extension should be considered without the required min; 51% allottees consent; 4) Submit an explanatory note setting out the grounds and reasons for delay in completion of project and need for grant of extension along with supporting documents, planning to complete the work; 5) Upload Declaration- a)That the grant of extension of the project validity shall not affect/jeopardiz
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 187/2016 | HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION | ORDER PASSED |
Complaints filed with MahaRERA3
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000012377 | NIRAJ KAKAD | RAJAN KUMAR MANCHANDA | 12/12/2017 |
| CC006000000396820 | Kamal Khandelwal | Rajan kumar Manchanda | 25/07/2023 |
| CC006000000429481 | Varun & Sarita Khandelwal | Rajan Kumar Manchanda | 29/02/2024 |
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 31 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 9 May 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 9 May 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 11 Aug 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 9 Aug 2024
Documents filed104
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 104 are shown. 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.pdf | 9 Aug 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 9 Aug 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Q3.pdf | 21 May 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 21 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A.pdf | 21 May 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure B-Disclosure of Sold or Unsold Inventory 30th June 2023.pdf | 21 May 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold-Unsold.pdf | 21 May 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure A-Disclosure of Sold or Unsold Inventory 31-12-2023.pdf | 21 May 2024 |
| Disclosure of sold/ booked inventoryFile: Annexure A-Disclosure of Sold or Unsold Inventory.pdf | 21 May 2024 |
| Certificates of CA (Form 3)File: Form 3_Q3_FY 23-24 .pdf | 21 May 2024 |
| Certificates of CA (Form 3)File: Final_Form 3_Q4_FY23-24_Nidhi Tower_compressed.pdf | 21 May 2024 |
| Details of encumbrances concerned to FinanceFile: Annexure D-Non-Encumbrance Concerned to Finane.pdf | 18 Apr 2024 |
| Details of encumbrances concerned to LegalFile: Annexure D-Non-Encumbrance Concerned to Finane.pdf | 18 Apr 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Q4.pdf | 18 Apr 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Self Declaration For Form 2A.pdf | 18 Apr 2024 |
| CERSAI detailsFile: Annexure B-Asset Based Declaration.pdf | 18 Apr 2024 |
| CERSAI detailsFile: Annexure C- Debtor Based Declaration.pdf | 18 Apr 2024 |
| Certificates of CA (Form 3)File: Form 3-RK Manchanda-Sep 23.pdf | 6 Feb 2024 |
| Certificates of CA (Form 3)File: Form 3_Merge.pdf | 6 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: Annexure D-Non-Encumbrance Concerned to Finance_Q3.pdf | 25 Jan 2024 |
| Details of encumbrances concerned to LegalFile: Annexure D-Non-Encumbrance Concerned to Finance_Q3.pdf | 25 Jan 2024 |
| Declaration in FORM BFile: FORM B.pdf | 25 Jan 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Q3.pdf | 25 Jan 2024 |
| CERSAI detailsFile: Annexure B-Asset Based Declaration as on 31-12-2023.pdf | 25 Jan 2024 |
| CERSAI detailsFile: Annexure C- Debtor Based Declaration as on 31-12-2023.pdf | 25 Jan 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ Upto dt 30062023.pdf | 13 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ Upto dt 30092023.pdf | 13 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Q1.pdf | 13 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Q2.pdf | 13 Oct 2023 |
| Certificates of CA (Form 3)File: Form 3 Q1_23-24_SIGNED.pdf | 13 Oct 2023 |
| Certificates of CA (Form 3)File: Form 3 Q2_23-24_SIGNED.pdf | 13 Oct 2023 |
| Certificates of CA (Form 5)File: Form 5_2022-23_compressed.pdf | 9 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_2022-23_compressed.pdf | 9 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: SELF - DECLARATION FOR FORM 2A.pdf | 7 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A.pdf | 7 Oct 2023 |
| Declaration in FORM BFile: RERA Form B Affidavit Cum Declaration Dated 9th August 2023.pdf | 9 Aug 2023 |
| Details of encumbrances concerned to FinanceFile: Annexure K-Non-Encumbrance Concerned to Finance.pdf | 25 Jul 2023 |
| Details of encumbrances concerned to LegalFile: Annexure K-Non-Encumbrance Concerned to Finance.pdf | 25 Jul 2023 |
| CERSAI detailsFile: Annexure G-Asset Based Declaration 30th June 2023.pdf | 25 Jul 2023 |
| CERSAI detailsFile: Annexure L- Debtor Based Declaration 30th June 2023.pdf | 25 Jul 2023 |
| Certificates of CA (Form 3)File: fORM 3 .pdf | 8 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 26 Jun 2023 |
| OtherFile: allotment letter of 7th floor (1)_compressed.pdf | 6 Jun 2023 |
| OtherFile: Khandelwal 7th Floor Interim application (L) no 13792 of 2023 in Suit (ST) no 13971 of 202 | 6 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Dec22.pdf | 10 May 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Q4.pdf | 10 May 2023 |
| Certificates of CA (Form 3)File: FORM 3_compressed.pdf | 25 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: Non-Encumbrance concerned to legal.pdf | 20 Apr 2023 |
| Details of encumbrances concerned to LegalFile: Non-Encumbrance concerned to legal.pdf | 20 Apr 2023 |
| CERSAI detailsFile: Asset based declaration.pdf | 20 Apr 2023 |
| CERSAI detailsFile: Debtor based declaration.pdf | 20 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory.pdf | 20 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5_2021-22.pdf | 17 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: Annexure K-Non-Encumbrance Concerned to Finance Legal.pdf | 18 Jan 2023 |
| Details of encumbrances concerned to LegalFile: Annexure K-Non-Encumbrance Concerned to Finance Legal.pdf | 18 Jan 2023 |
| CERSAI detailsFile: Annexure L- Debtor Based Declaration.pdf | 18 Jan 2023 |
| CERSAI detailsFile: Annexure G-Asset Based Declaration.pdf | 18 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: Annexure B-Disclosure of Sold or Unsold Inventory.pdf | 18 Jan 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 101122.pdf | 28 Dec 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 111122.pdf | 28 Dec 2022 |
| Certificates of CA (Form 5)File: FORM 5_2021-22_compressed.pdf | 22 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Order_1.pdf | 19 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Order_2.pdf | 19 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Order_3.pdf | 19 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Order_4.pdf | 19 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Order_5.pdf | 19 Aug 2022 |
| CERSAI detailsFile: Undertaking relating to CERSAI.pdf | 19 Aug 2022 |
| PAN CardFile: PAN Card.pdf | 18 Aug 2022 |
| CERSAI detailsFile: Debtor_Based_Search_CERSAI_Search_Report_200244951900.pdf | 18 Aug 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration of Seperate Bank Account.pdf | 18 Aug 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC 9TH SEPT 2021.pdf | 11 Aug 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 16TH MAY 2022.pdf | 11 Aug 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM 5_2018-19.pdf | 11 Aug 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5_2019-20.pdf | 11 Aug 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5_2020-21.pdf | 11 Aug 2022 |
| Declaration about Commencement CertificateFile: Declaration about CC_NEW.pdf | 4 Jul 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 4 Jul 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A.pdf | 4 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD - BOOKED INVENTORY.pdf | 4 Jul 2022 |
| Certificates of CA (Form 3)File: Form 3-compressed.pdf | 4 Jul 2022 |
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Builder: RAJAN KUMAR MANCHANDA
RAJAN KUMAR MANCHANDA has 1 registration on MahaRERA, including NIDHI TOWERS. 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 NIDHI TOWERS is delayed beyond 31 Jul 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 TOWERS?
The registered promoter entity is RAJAN KUMAR MANCHANDA, 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 TOWERS?
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 do I read the complaint cases filed against NIDHI TOWERS?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for NIDHI TOWERS?
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 TOWERS?
The professionals named in the filing: Architect: ASHIM KHATRI; Engineer: Ajay Mahale; Chartered Accountant: A K O R D & 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 NIDHI TOWERS?
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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