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Nikhil Heights
By Ostwal &Neumec Developers LLP
RG-MH-04110 · RERA P51900021235 · Last updated on MahaRERA portal: 15 Jul 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 1 case
- Completion date moved by 12 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
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: .Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Nikhil Heights is a Residential / Group Housing project by Ostwal &Neumec Developers LLP in Bhuleshwar, 400003, registered with MahaRERA as P51900021235 on 14 Jun 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 12 months from the original filing. 14 of the 25 units on this registration are recorded sold or booked, and 8 of 11 construction stages are filed complete.
At a glance
Project
- NameNikhil Heights
- TypeResidential / Group Housing
- Location
- Dr. Atmaram Merchant Road
- Bhuleshwar
- 400003
- Pincode400003
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51900021235
- ReraGenie IDRG-MH-04110
Builder
- NameOstwal &Neumec Developers LLP
- Entity typePartnership
- PartnersSuresh Jethmal Sanghvi, Nikhil Suresh Sanghvi
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on14 Jun 2019
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 30 Dec 2025)
- Buildings1 building record
- Documents filed98 files
Current status
Figures as on 15 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Nikhil Heights | NA | 21 | 21 | 24 | 1 | 25 |
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 15 Jul 2026, 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.
8 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 95%.
Nikhil Heights: 81% 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 | 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. | 95% |
Progress on shared amenities15
As on 15 Jul 2026, 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 | 80% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 90% |
| Storm Water Drains | No | Not applicable |
| 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 | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 25% |
| Electrical meter room, sub-station, receiving station | Yes | 35% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed48
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Nikhil Heights | NA | Rs 13.35 cr | Rs 13.09 cr |
| - | NA | Rs 50.00 lakh | Rs 50.00 lakh |
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 | Consultants Combined Architects |
| Engineer | MUKESH SAH |
| Chartered Accountant | SALGIA AND ASSOCIATES SALGIA |
| Partner | Role in project |
|---|---|
| Ostwal &Neumec Developers LLP | - |
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 promoter10-15 % work still incomplete
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 1240/2018 | Small Cause Court | For Filling Evidence |
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 31 Aug 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 23 May 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 23 May 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Jan 2024Confirm 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 filed98
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 98 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 |
|---|---|
| Withdrawal Update Form 1File: FORM 1.pdf | 15 Jul 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 15 Jul 2026 |
| Withdrawal Update Form 3File: FORM 3.pdf | 15 Jul 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 6 May 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 6 May 2026 |
| Withdrawal Update Form 3File: FORM 3.pdf | 6 May 2026 |
| Form 2A (FY 2025-2026)File: FORM 2A.pdf | 6 May 2026 |
| Form 5 (FY 2025-2026)File: FORM -5.pdf | 6 May 2026 |
| Form 5 (FY 2024-2025)File: FORM -5.pdf | 9 Feb 2026 |
| Withdrawal Update Form 1File: ARCHITECTu0027S CERTIFICATE.pdf | 8 Jan 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 8 Jan 2026 |
| Withdrawal Update Form 3File: FORM -3 QPR OCT- DEC-2025.pdf | 8 Jan 2026 |
| Form 2A (FY 2019-2020)File: FORM -2A.pdf | 8 Jan 2026 |
| Form 2A (FY 2020-2021)File: FORM -2A.pdf | 8 Jan 2026 |
| Form 2A (FY 2021-2022)File: FORM -2A.pdf | 8 Jan 2026 |
| Form 2A (FY 2022-2023)File: FORM -2A.pdf | 8 Jan 2026 |
| Form 2A (FY 2023-2024)File: FORM -2A.pdf | 8 Jan 2026 |
| Withdrawal Update Form 1File: ARCHITECTu0027S CERTIFICATE.pdf | 2 Jan 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 2 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 .pdf | 2 Jan 2026 |
| Form 2A (FY 2024-2025)File: FORM -2A.pdf | 17 Dec 2025 |
| Withdrawal Update Form 1File: ARCHITECTu0027S CERTIFICATE.pdf | 17 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 17 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 .pdf | 17 Oct 2025 |
| Withdrawal Update Form 1File: ARCHITECTu0027S CERTIFICATE.pdf | 21 Jul 2025 |
| Withdrawal Update Form 1File: ARCHITECTu0027S CERTIFICATE.pdf | 21 Jul 2025 |
| Withdrawal Update Form 1File: ARCHITECTu0027S CERTIFICATE.pdf | 21 Jul 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 21 Jul 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 21 Jul 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 21 Jul 2025 |
| Withdrawal Update Form 3File: Form 3 .pdf | 21 Jul 2025 |
| Withdrawal Update Form 3File: Form 3 .pdf | 21 Jul 2025 |
| Withdrawal Update Form 3File: Form 3 .pdf | 21 Jul 2025 |
| Building plan approvalFile: FURTHER CC.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-1.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-2.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-3.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-4.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-5.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-6.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-7.pdf | 23 May 2025 |
| Building plan approvalFile: AMENDED LAYOUT PLAN_compressed-8.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-9.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-10.pdf | 23 May 2025 |
| Layout approvalFile: AMENDED LAYOUT PLAN_compressed-11.pdf | 23 May 2025 |
| Form 1File: Annexure A.pdf | 23 May 2025 |
| Form 3File: Form 3 -.pdf | 23 May 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD INVENTORY.pdf | 23 May 2025 |
| Self-declaration of Quarterly ProgressFile: SELF- DECLEARATION.pdf | 23 May 2025 |
| Form 1File: FORM 1.pdf | 23 May 2025 |
| Form 2File: FORM 2_compressed.pdf | 23 May 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTIFICATE.pdf | 13 Jun 2024 |
| Certificates of CA (Form 3)File: Certificates of CA (Form 3).pdf | 13 Jun 2024 |
| Building plan approvalFile: 2379532Amendletter_signed.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: 2379532Amendletter_signed.pdf | 17 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2393742_FurtherCC_signed.pdf | 17 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2393742_FurtherCC_signed.pdf | 17 Jan 2024 |
| Proforma of Agreement for saleFile: AGREEMENT FOR SALE.pdf | 17 Jan 2024 |
| Layout approvalFile: PLAN LAYOUT.pdf | 8 Sep 2023 |
| Layout approvalFile: PLAN LAYOUT.pdf | 8 Sep 2023 |
| Layout approvalFile: PLAN LAYOUT.pdf | 8 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: PLAN LAYOUT.pdf | 8 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: PLAN LAYOUT.pdf | 8 Sep 2023 |
| Copy of Layout Approval (in case of layout)File: PLAN LAYOUT.pdf | 8 Sep 2023 |
| Copy of the legal title reportFile: Title Report - 'Purshottam Bhavan'.pdf | 31 Aug 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 2019 - 2021.pdf | 30 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 2019 - 2021.pdf | 30 Jul 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf | 26 Jul 2021 |
| Proforma of Allotment letterFile: RERA Agreement.pdf | 28 Aug 2019 |
| Proforma of Allotment letterFile: AFS.pdf | 7 Jun 2019 |
| Proforma of Allotment letterFile: AL.pdf | 7 Jun 2019 |
| Form 2AFile: Form 2A.pdf | 4 Jun 2019 |
| Layout approvalFile: Page 1.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 2.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 3.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 4.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 5.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 6.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 7.pdf | 3 Jun 2019 |
| Layout approvalFile: Page 8.pdf | 3 Jun 2019 |
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Buyer report
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- All 98 filed documents as one ZIP, foldered, with a manifest
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Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
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Builder: Ostwal &Neumec Developers LLP
Ostwal &Neumec Developers LLP has 1 registration on MahaRERA, including Nikhil Heights. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record.
Frequently asked questions
What are my rights if Nikhil Heights 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 Nikhil Heights?
The registered promoter entity is Ostwal &Neumec Developers LLP, 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 Nikhil Heights?
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 Nikhil Heights?
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 Nikhil Heights?
The professionals named in the filing: Architect: Consultants Combined Architects; Engineer: MUKESH SAH; Chartered Accountant: SALGIA AND ASSOCIATES SALGIA. 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 Nikhil Heights?
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; how the declared litigation on this registration affects your risk; 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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