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Completed No litigation declared Others project

NILKANTH APARTMENT

By BAG BUILDCON

RG-MH-14919 · RERA P51600033232 · Last updated on MahaRERA portal: 10 Dec 2024

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations and every project registered within 2 km.

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Dec 2023Possession promisedregistration recorded completed
9 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 34 documents Report an error

NILKANTH APARTMENT is a Others project by BAG BUILDCON in Nashik, Maharashtra, registered with MahaRERA as P51600033232 on 9 Feb 2022. The registration is recorded completed; possession was promised by 31 Dec 2023.

At a glance

Project

  • NameNILKANTH APARTMENT
  • TypeOthers
  • Location
    • MHASRUL
    • Nashik
    • 422004
  • Pincode422004
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600033232
  • ReraGenie IDRG-MH-14919

Builder

  • NameBAG BUILDCON
  • Entity typePartnership
  • GSTIN27AAYFB6961H1ZR
  • PartnersMANOJ ARUN BAG, YASH MANOJ BAG
  • Other registrations2 more →
  • Completed1 of 3

Key dates

this monthRegisteredFeb 2022PromisedDec 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on9 Feb 2022
  • Promised completion31 Dec 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed34 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
NILKANTH APARTMENTNA60000

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 10 Dec 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.

9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

NILKANTH APARTMENT: 82% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 10 Dec 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingNoNot applicable
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

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.

Total parking slots48
Open Space48

Land and ownership5

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.

Land area557 sq m
Land owned byThe promoter, with other names on the file
Named landowners5
LandownerVillageDistrict
BAG BUILDCONNashik (M Corp.)Nashik
Mrs.KALPANA VASANT KUMBHARNashik (M Corp.)Nashik
VASANT KUMBHARNashik (M Corp.)Nashik
UJJWALA SURESH KULKARNINashik (M Corp.)Nashik
YOGRAJ SURESH KULKARNINashik (M Corp.)Nashik

Approvals and building plan

Sanctioning authorityNASHIK MUNCIPAL CORPORATION
Permissible FSI1327.24
Proposed, not sanctioned1,327 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchS NO 234 VADJI MALA OPPO SHRIKIRSHNA MANGAL KARYALAYA NASHIK

Certifying professionals and partners4

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectKASIF AHMAD MUSTAQUE
EngineerBHANU VILASH BHAVSAR
Chartered AccountantAVANTI ASHISH JANORKAR
Chartered AccountantGPW & ASSOCIATES
PartnerRole in project
BAG BUILDCON-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 1 Feb 2022
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 20 Jan 2022
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 20 Jan 2022
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 20 Jan 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 11 Sep 2023

Documents filed34

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.

DocumentUploaded
Architect’s Certificate on Completion of Project (Form 4)File: Architect completion certificate.pdf10 Dec 2024
Architect’s Certificate on Completion of Project (Form 4)File: Architect completion certificate (1).pdf7 Nov 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: 11zon_merged-PDF_11zon.pdf7 Nov 2024
Status of ConveyanceFile: 11zon_merged-PDF_11zon.pdf7 Nov 2024
Other - TechnicalFile: REVISED ARCHITECT CERTIFICATE COMPLETION.pdf7 Nov 2024
Architect’s Certificate on Completion of Project (Form 4)File: RERA COMPLETION FORM 4.pdf5 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Bag Buildcon-Nilkanth.pdf5 Mar 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 5.pdf4 Mar 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION CERTIFICATE.pdf11 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5.pdf20 Feb 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 66 PERCENT RERA0001_11zon.pdf11 Feb 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICTEAnnexure D_11zon.pdf11 Feb 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate_11zon.pdf10 Aug 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE110082022_11zon.pdf10 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA_ Architect.pdf27 Apr 2022
Disclosure of sold/ booked inventoryFile: sold inventory.pdf27 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CertificateNILKANTH.pdf27 Apr 2022
Copy of the legal title reportFile: LEGAL TITLE CLEARANCE.pdf1 Feb 2022
Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf1 Feb 2022
Layout approvalFile: SANCTION PLAN.pdf20 Jan 2022
Building plan approvalFile: SANCTION PLAN.pdf20 Jan 2022
PAN CardFile: PAN-BAG BUILDCON-converted.pdf20 Jan 2022
Copy of the legal title reportFile: TITLE CLEARANCE.pdf20 Jan 2022
Details of encumbrancesFile: non encumbrances.pdf20 Jan 2022
Copy of Layout Approval (in case of layout)File: SANCTION PLAN.pdf20 Jan 2022
Building Plan Approval / NA Order for plotted developmentFile: SANCTION PLAN.pdf20 Jan 2022
Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT.pdf20 Jan 2022
Declaration about Commencement CertificateFile: DISCLOSURE OF commencement.pdf20 Jan 2022
Declaration in FORM BFile: FORM B- DEVELOPERS.pdf20 Jan 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf20 Jan 2022
CERSAI detailsFile: DISCLOSURE OF cersai.pdf20 Jan 2022
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF book inventory.pdf20 Jan 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf20 Jan 2022
Proforma of Allotment letterFile: DRAFT AGREEMENT.pdf20 Jan 2022

How this compares with Nashik

10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is completed

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik 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.

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How alerts work

Other projects near MHASRUL4,100+ in Nashik

2 kmNILKANTH APARTMENTCompleted 55Lapsed / revoked 19Other 51Dot size: filed unitsN

Filed coordinates, straight-line distance. 125 registered projects within 2 km.

Builder: BAG BUILDCON

BAG BUILDCON has 3 registrations on MahaRERA, including NILKANTH APARTMENT and BALAJI BUSINESS CENTER. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if NILKANTH APARTMENT is delayed beyond 31 Dec 2023?

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 NILKANTH APARTMENT?

The registered promoter entity is BAG BUILDCON, a partnership as per the filing. Its GSTIN 27AAYFB6961H1ZR can be cross-checked on the MCA and GST portals. 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 NILKANTH APARTMENT?

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 NILKANTH APARTMENT?

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 NILKANTH APARTMENT?

The professionals named in the filing: Architect: KASIF AHMAD MUSTAQUE; Engineer: BHANU VILASH BHAVSAR; Chartered Accountant: AVANTI ASHISH JANORKAR; Chartered Accountant: GPW & ASSOCIATES. 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 NILKANTH APARTMENT?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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