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Completed No litigation declared Residential / Group Housing project

NOVA LUXURIA

By VARDHMAN REALTY

RG-MH-81684 · RERA P99000018918 · Last updated on MahaRERA portal: 4 Oct 2023

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.

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Dec 2023Possession promisedregistration recorded completed
0 of 11Construction stages donefurthest along: Excavation, 70%
0Complaints at MahaRERAon this registration
Jump to the 31 documents Report an error

NOVA LUXURIA is a Residential / Group Housing project by VARDHMAN REALTY in Palghar, Maharashtra, registered with MahaRERA as P99000018918 on 14 Dec 2018. The registration is recorded completed; possession was promised by 30 Dec 2023.

At a glance

Project

  • NameNOVA LUXURIA
  • TypeResidential / Group Housing
  • Location
    • PALGHAR
    • 401404
  • Pincode401404
  • RERA no.P99000018918
  • ReraGenie IDRG-MH-81684

Builder

  • NameVARDHMAN REALTY
  • Entity typePartnership
  • PartnersANITA PANKAJ KOTHARI, deepak girishkumar solanki, rajesh ramniklal vora, rohit mahendrakumar solanki, Balusingh G Rathod, ROHIT HIMATLAL JAIN
  • Other registrations2 more →
  • Completed1 of 3
  • Declared earlier projects1 →

Key dates

this monthRegisteredDec 2018PromisedDec 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on14 Dec 2018
  • Promised completion30 Dec 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed31 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BUILDING NO 01NA140000

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 4 Oct 2023, 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.

0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 70%.

BUILDING NO 01: 6% average across the applicable activities

ActivityProgress
Excavation70%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 4 Oct 2023, 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
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 filed151

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 slots151
Closed/Covered29
Open Space122

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.

Land area3,743 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI3996.48
Proposed, not sanctioned3,996 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 branchARYAN SCHOOL ROAD, PALGHAR 401404

Certifying professionals and partners1

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

RoleName
ArchitectMr Vijay Gangutulla
PartnerRole in project
VARDHMAN REALTY-

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 3 Dec 2018
  2. Layout approvalOn the file

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

    uploaded 3 Dec 2018
  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 7 Dec 2018
  4. Commencement CertificateOn the file

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

    uploaded 3 Dec 2018Confirm 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 29 Nov 2022

Documents filed31

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
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Vardhaman Reality01_compressed.pdf4 Oct 2023
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4.pdf16 May 2023
Proforma of Agreement for saleFile: AGREEMENT_FOR_SALE__-_Builder_1st_Sale Tembhode Vardhaman Realty - Nova Luxuria - RERA - N25 Jan 2023
Certificates of CA (Form 3)File: FORM 3 MAR 21.pdf29 Nov 2022
Certificates of CA (Form 3)File: form 3 20222_0001.pdf29 Nov 2022
Certificates of CA (Form 3)File: FORM 3 (SEP 22)_compressed.pdf29 Nov 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC - CERTIFICATE.pdf29 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Vardhman Realtors.pdf30 Sep 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 20-21_compressed.pdf4 Jan 2022
Certificates of CA (Form 3)File: FORM 3 MAR 21_compressed.pdf12 Jun 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5.pdf28 Nov 2020
Proforma of Allotment letterFile: form -3_0001_compressed.pdf21 Nov 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: VARDHAMAN REALTY PDF.pdf24 Feb 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 1mb eng certificate.pdf25 Dec 2019
Certificates of CA (Form 3)File: FORM 3.pdf25 Dec 2019
Certificates of CA (Form 3)File: FORM 3 - 1.pdf25 Dec 2019
Certificates of CA (Form 3)File: DEC TO MAR_compressed.pdf29 Jul 2019
Certificates of CA (Form 3)File: MAR TO JUN_compressed.pdf29 Jul 2019
Building plan approvalFile: S1.pdf7 Dec 2018
Building Plan Approval (IOD)File: S1.pdf7 Dec 2018
Certificates of CA (Form 3)File: vardhaman reality.pdf7 Dec 2018
OtherFile: ARCHITECT AREA CERTIFICATE.pdf4 Dec 2018
Layout approvalFile: S1.pdf3 Dec 2018
PAN CardFile: VARDHAMAN REALTY-PANCARD.pdf3 Dec 2018
Copy of the legal title reportFile: tital clearence report-ilovepdf-compressed.pdf3 Dec 2018
Details of encumbrancesFile: details of encumbrances.pdf3 Dec 2018
Copy of Layout Approval (in case of layout)File: S1.pdf3 Dec 2018
Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf3 Dec 2018
Declaration in FORM BFile: FORM B COMPRESSED.pdf3 Dec 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engineers certificate.pdf3 Dec 2018
Proforma of Allotment letterFile: AGREEMENT_FOR_SALE__-_Builder_1st_Sale Tembhode Vardhaman Realty - Nova Luxuria - RERA - N3 Dec 2018

How this compares with Palghar

31%of Palghar projects moved their completion datethis one has not
26%of Palghar registrations have lapsed or been cancelledthis one is completed

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.

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Other projects near PALGHAR3,200+ in Palghar

Builder: VARDHMAN REALTY

VARDHMAN REALTY has 3 registrations on MahaRERA, including NOVA LUXURIA and YASHODA VRUNDAVAN COMPLEX - C WING. Its filings disclose 1 earlier MahaRERA project, none completed yet. Read the full track record. See more projects on the Palghar district page.

Frequently asked questions

What are my rights if NOVA LUXURIA is delayed beyond 30 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 NOVA LUXURIA?

The registered promoter entity is VARDHMAN REALTY, 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 LUXURIA?

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 LUXURIA?

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 LUXURIA?

The professionals named in the filing: Architect: Mr Vijay Gangutulla. 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 LUXURIA?

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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