Home / Browse projects / Palghar, Maharashtra / NOVA EXOTICA
NOVA EXOTICA
RG-MH-07136 · RERA P99000055282 · Last updated on MahaRERA portal: 5 Aug 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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NOVA EXOTICA is a Residential / Group Housing project by Navkar Venture in Palghar, Maharashtra, registered with MahaRERA as P99000055282 on 14 Mar 2024. Possession is promised by 6 Dec 2028. 12 of the 201 units on this registration are recorded sold or booked, and 15 of 55 construction stages are filed complete.
At a glance
Project
- NameNOVA EXOTICA
- TypeResidential / Group Housing
- Location
- DEVISHA ROAD
- PALGHAR
- 401404
- Pincode401404
- RERA no.P99000055282
- ReraGenie IDRG-MH-07136
Builder
- NameNavkar Venture
- Entity typePartnership
- PartnersLokesh Badamiya, BALUSINGH RATHOD
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on14 Mar 2024
- Promised completion6 Dec 2028
- Revised completionNone
- Buildings5 building records
- Documents filed95 files
Current status
Figures as on 5 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building No 1 | NA | 7 | 7 | 7 | 0 | 7 |
| Building No 2 | NA | 6 | 6 | 12 | 0 | 12 |
| Building No 5 | NA | 7 | 7 | 42 | 0 | 42 |
| Building No 6 | NA | 7 | 7 | 28 | 0 | 28 |
| Building No 7 A/B/C/D Wing | NA | 7 | 7 | 112 | 0 | 112 |
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 building5
As on 5 Aug 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.
15 of 55 construction stages are filed complete across 5 buildings. The stage furthest along is Slabs of Super Structure, at 85%.
Building No 135%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Building No 235%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Building No 535%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Building No 635%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Building No 7 A/B/C/D Wing35%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 5 Aug 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 | Yes | 0% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| 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 | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed173
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.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| Building No 1 | 0 | 3 | 3 |
| Building No 2 | 0 | 8 | 8 |
| Building No 5 | 0 | 30 | 30 |
| Building No 6 | 0 | 20 | 20 |
| Building No 7 A/B/C/D Wing | 30 | 82 | 112 |
Land and ownership19
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| HIRARAM SONARAM CHOUDHARY | Palghar | Palghar |
| Bharat Himmatlal Jain | Palghar | Palghar |
| Sumeet Phoolchand Jain | Palghar | Palghar |
| Khubilal Ganeshlal Jain | Palghar | Palghar |
| Ankit Vishwanath Bagadiya | Palghar | Palghar |
| Amar Ratanlal Bafna | Palghar | Palghar |
| Chandanbala Dinesh Jain | Vasai-Virar City (M Corp) | Palghar |
| Manisha Lokesh Jain | Palghar | Palghar |
| Reena Bhavesh Jain | Palghar | Palghar |
| Pankaj Arjunlal Jain | Palghar | Palghar |
| Jimesh Laharilal Jain | Palghar | Palghar |
| Laxman Mohanlal Choudhari | Kurla | Mumbai Suburban |
| Ganesh Bheraram Choudhary | Palghar | Palghar |
| Shwetha Vikrant Patkar | Palghar | Palghar |
| Kshama Subhash Patkar | Palghar | Palghar |
| Shantilal Mangilal Jain | Umberpada | Palghar |
| Mukesh Paras Kothari | Vangaon | Palghar |
| Chandanmal Sukhraj Jain | Palghar | Palghar |
| Sanjay Ganeshlal Jain | Palghar | Palghar |
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 |
|---|---|---|---|
| Building No 7 A/B/C/D Wing | NA | Rs 18.64 cr | Rs 12.11 cr |
| Building No 5 | NA | Rs 10.34 cr | Rs 6.72 cr |
| Building No 6 | NA | Rs 6.60 cr | Rs 4.29 cr |
| Building No 2 | NA | Rs 2.92 cr | Rs 1.90 cr |
| Building No 1 | NA | Rs 2.90 cr | Rs 1.89 cr |
| - | NA | Rs 2.62 cr | - |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SHRIKANT Yevale |
| Architect | Anjalis Associates |
| Engineer | Anjali's Associates |
| Chartered Accountant | Virendra K Tare |
| Chartered Accountant | Pratik Thakur |
| Partner | Role in project |
|---|---|
| Navkar Venture | - |
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 11 Jan 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Dec 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 25 Dec 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 22 Feb 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 6 Dec 2028
Documents filed95
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 95 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 Q1.pdf | 5 Aug 2026 |
| Withdrawal Update Form 2File: Form 2Q1.pdf | 5 Aug 2026 |
| Withdrawal Update Form 3File: Form3 Q1.pdf | 5 Aug 2026 |
| Withdrawal Update Form 1File: Form 1 Venture Q 1 Signed.pdf | 4 Aug 2026 |
| Withdrawal Update Form 1File: Form 1.pdf | 4 Aug 2026 |
| Withdrawal Update Form 2File: Form 2 Venture Q1 Signed.pdf | 4 Aug 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 4 Aug 2026 |
| Withdrawal Update Form 3File: Navkar venture Form 3 Signed.pdf | 4 Aug 2026 |
| Withdrawal Update Form 3File: Form 3.pdf | 4 Aug 2026 |
| Form 1File: Architect certificate Navkar venture 31 march 2025 (1).pdf | 31 Jul 2026 |
| Form 2File: Engineer certificate Navkar venture 31 march 2025.pdf | 31 Jul 2026 |
| Form 3File: Navkar Venture RERA Form 3.pdf | 31 Jul 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 31 Jul 2026 |
| Form 1File: Architect certificate Navkar venture 31 march 2025 (1).pdf | 31 Jul 2026 |
| Form 2File: Engineer certificate Navkar venture 31 march 2025.pdf | 31 Jul 2026 |
| Form 3File: Navkar Venture RERA Form 3.pdf | 31 Jul 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 31 Jul 2026 |
| Form 1File: Architect certificate Navkar venture 31 march 2025 (1).pdf | 31 Jul 2026 |
| Form 2File: Engineer certificate Navkar venture 31 march 2025.pdf | 31 Jul 2026 |
| Form 3File: Navkar Venture RERA Form 3.pdf | 31 Jul 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 31 Jul 2026 |
| Form 1File: Architect certificate Navkar venture 31 march 2025 (1).pdf | 31 Jul 2026 |
| Form 2File: Engineer certificate Navkar venture 31 march 2025.pdf | 31 Jul 2026 |
| Form 3File: Navkar Venture RERA Form 3.pdf | 31 Jul 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 31 Jul 2026 |
| Withdrawal Update Form 1File: from 1.pdf | 31 Jul 2026 |
| Withdrawal Update Form 1File: from 1.pdf | 31 Jul 2026 |
| Withdrawal Update Form 1File: from 1.pdf | 31 Jul 2026 |
| Withdrawal Update Form 1File: from 1.pdf | 31 Jul 2026 |
| Withdrawal Update Form 2File: From 2.pdf | 31 Jul 2026 |
| Withdrawal Update Form 2File: From 2.pdf | 31 Jul 2026 |
| Withdrawal Update Form 2File: From 2.pdf | 31 Jul 2026 |
| Withdrawal Update Form 2File: From 2.pdf | 31 Jul 2026 |
| Withdrawal Update Form 3File: Navkar Venture Form 3 upto 31122025.pdf | 31 Jul 2026 |
| Withdrawal Update Form 3File: Navkar Venture Form 3 upto 31122025.pdf | 31 Jul 2026 |
| Withdrawal Update Form 3File: Navkar venture Form 3 Signed.pdf | 31 Jul 2026 |
| Withdrawal Update Form 3File: Navkar venture Form 3 Signed.pdf | 31 Jul 2026 |
| Form 2A (FY 2023-2024)File: FOrm 2A.pdf | 31 Jul 2026 |
| Form 2A (FY 2024-2025)File: FOrm 2A.pdf | 31 Jul 2026 |
| Form 2A (FY 2025-2026)File: FOrm 2A.pdf | 31 Jul 2026 |
| Form 5 (FY 2023-2024)File: Form 5.pdf | 31 Jul 2026 |
| Withdrawal Update Form 1File: Architect certificate (navkar venture) 28-Feb-2026 10-37-14.pdf | 24 Jul 2026 |
| Withdrawal Update Form 2File: Engineering certificate navkar venture.pdf | 24 Jul 2026 |
| Withdrawal Update Form 3File: Navkar Venture Form 3 upto 31122025.pdf | 24 Jul 2026 |
| Withdrawal Update Form 1File: Architect certificate (navkar venture) 28-Feb-2026 10-37-14.pdf | 20 Mar 2026 |
| Withdrawal Update Form 2File: Engineering certificate navkar venture.pdf | 20 Mar 2026 |
| Withdrawal Update Form 3File: Navkar Venture Form 3 upto 31122025.pdf | 20 Mar 2026 |
| Withdrawal Update Form 1File: form 1.pdf | 14 Mar 2026 |
| Withdrawal Update Form 2File: form 2.pdf | 14 Mar 2026 |
| Withdrawal Update Form 3File: Form 3 Signed.pdf | 14 Mar 2026 |
| Form 5 (FY 2024-2025)File: navkar venture form5.pdf | 8 Jan 2026 |
| Form 1File: Architect certificate Navkar venture form1 30th june 2025.pdf | 17 Nov 2025 |
| Form 2File: Engineer certificate Navkar venture form2 30th june 2025.pdf | 17 Nov 2025 |
| Form 3File: Navkar Venture Form 3 -30-06-2025.pdf | 17 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 17 Nov 2025 |
| Form 1File: Architect certificate Navkar venture 31 march 2025 (1).pdf | 20 Aug 2025 |
| Form 2File: Engineer certificate Navkar venture 31 march 2025.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 20 Aug 2025 |
| Form 3File: Navkar Venture RERA Form 3.pdf | 20 Aug 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 architect_11zon.pdf | 7 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3_11zon.pdf | 7 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: from 2 engineer_11zon (1).pdf | 7 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3 upload_11zon (1).pdf | 4 Mar 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC 1.pdf | 22 Feb 2024 |
| Other - TechnicalFile: annexure A.pdf | 22 Feb 2024 |
| Copy of the legal title reportFile: NAVKAR VENTURE NEW RERA TITLE.pdf | 11 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 26 Dec 2023 |
| Proforma of Agreement for saleFile: Agreement final 1.pdf | 26 Dec 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation for agreement.pdf | 26 Dec 2023 |
| Layout approvalFile: Layout.pdf | 25 Dec 2023 |
| Building plan approvalFile: Building_1.pdf | 25 Dec 2023 |
| Building plan approvalFile: Building_2.pdf | 25 Dec 2023 |
| Building plan approvalFile: Building_5.pdf | 25 Dec 2023 |
| Building plan approvalFile: Building_6.pdf | 25 Dec 2023 |
| Building plan approvalFile: Building_7.pdf | 25 Dec 2023 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance merged.pdf | 25 Dec 2023 |
| Details of encumbrances concerned to LegalFile: No Encumbrance merged.pdf | 25 Dec 2023 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 25 Dec 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Building_1.pdf | 25 Dec 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Building_2.pdf | 25 Dec 2023 |
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Buyer report
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Builder: Navkar Venture
Navkar Venture has 1 registration on MahaRERA, including NOVA EXOTICA. 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 NOVA EXOTICA is delayed beyond 6 Dec 2028?
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 NOVA EXOTICA?
The registered promoter entity is Navkar Venture, 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 NOVA EXOTICA?
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 NOVA EXOTICA?
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 NOVA EXOTICA?
The professionals named in the filing: Architect: SHRIKANT Yevale; Architect: Anjalis Associates; Engineer: Anjali's Associates; Chartered Accountant: Virendra K Tare; Chartered Accountant: Pratik Thakur. 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 NOVA EXOTICA?
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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