Home / Browse projects / Mumbai Suburban, Maharashtra / PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD
PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD
By AAKAR REAL ESTATE DEVELOPERS
RG-MH-51238 · RERA P51800050023 · Last updated on MahaRERA portal: 2 Apr 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 10 months past the filed date
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- All 2 earlier projects delivered on promise
2 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.
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PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD is a Residential / Group Housing project by AAKAR REAL ESTATE DEVELOPERS in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800050023 on 6 Mar 2023. Possession was promised by 31 Dec 2025 and is now 10 months past that date.
At a glance
Project
- NamePADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD
- TypeResidential / Group Housing
- Location
- JAYPRAKASH NAGAR ROAD NO.3
- GOREGAON (EAST)
- MUMBAI
- Goregaon
- Borivali
- Mumbai Suburban
- 400063
- Pincode400063
- RERA no.P51800050023
- ReraGenie IDRG-MH-51238
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on6 Mar 2023
- Promised completion31 Dec 2025
- Revised completionNone
- Buildings1 building record
- Documents filed65 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD | NA | 10 | 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 2 Apr 2025, 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.
3 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 90%.
PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD: 65% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 90% |
| Sanitary Fittings within the flats / premises | 70% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 80% |
| 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. | 90% |
Progress on shared amenities15
As on 2 Apr 2025, 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 80% |
| Storm Water Drains | Yes | 70% |
| 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 | 80% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 70% |
| Electrical meter room, sub-station, receiving station | Yes | 60% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed21
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 |
|---|---|---|
| PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD | Pahadi-Goregaon | 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 | KAIVANT C SHAH |
| Chartered Accountant | HITESH SHAH ASSOCIATES |
| Partner | Role in project |
|---|---|
| AAKAR REAL ESTATE DEVELOPERS | - |
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 7 Feb 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 11 Jan 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 11 Jan 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 Jan 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed65
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.
| Document | Uploaded |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: padmatekha rera form 1.pdf | 2 Apr 2025 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Padmrekha Rera Designate.pdf | 17 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto DEC 24.pdf | 1 Mar 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: PADMAREKHA CC.pdf | 3 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Padmarekha 2A fy 202223.pdf | 26 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Padmarekha 2A 202324.pdf | 26 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect certificate-Q2- 23-23.pdf | 19 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Padmrekha CHSL- form 3-Q2-23-24_compressed.pdf | 19 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Padmarekha - Engineer certificate- Q2- 23-24.pdf | 19 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PADMAREKHA- ENGINEER CERTIFICATE- Q1 24-25.pdf | 8 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PADMAREKHA- ENGINEER CERTIFICATE- Q1 24-25.pdf | 8 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Padmarekha chsl - rera 3 - Q1 24-25_compressed.pdf | 6 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto 30-6-24.pdf | 6 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto 30-6-24.pdf | 6 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Padmarekha chsl - rera 3 - Q1 24-25_compressed.pdf | 6 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Padmarekha form 2-Q4 -23-24.pdf | 11 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Padmarekha form 3-Q4-23-24_compressed.pdf | 11 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Padmarekha -Rera form 1 Q4 2324.pdf | 29 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: 1 Annual Audit Report of Statutory CA (Form 5) (FY 2022-23).pdf | 5 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2- APR TO JUNE 23.pdf | 22 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2- JULY TO SEP 23.pdf | 22 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 1 -Q1.pdf | 5 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Q2.pdf | 5 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rera form 1.pdf | 31 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA 1 Q1.pdf | 29 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA FORM 1 Q2.pdf | 29 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA FORM 1 Q3.pdf | 29 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Q4 22-23.pdf | 29 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q1.pdf | 29 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2.pdf | 29 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q3.pdf | 29 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Padmarekha - Rera form 3 Q3_compressed.pdf | 29 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate -Q4 2022-23.pdf | 24 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Padmarekha - form 5 - 22-23.pdf | 24 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto JUNE 23.pdf | 12 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto SEP 23.pdf | 12 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: padmrekha form 3 - 30-6-23.pdf | 8 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: padmrekha form 3- 30-9-23.pdf | 8 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto JUNE 23.pdf | 31 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 4828 RERA cft upto SEP 23.pdf | 31 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate - form 2 (30-06-2023).pdf | 31 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate- Form 2 (30-09-2023).pdf | 31 Dec 2023 |
| Proforma of Agreement for saleFile: SALE AGREEMENT UPDATED- 14-2-23.pdf | 14 Feb 2023 |
| Deviation Report with respect to model copy of AgreementFile: No Deviation-Sale Agreement.pdf | 14 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 Padmarekha- FINAL UPLOADED_compressed.pdf | 13 Feb 2023 |
| Proforma of Allotment letterFile: RERA Allotment letter model -Latest- 11-2-23.pdf | 11 Feb 2023 |
| Copy of the legal title reportFile: Scanned Final Title Certificate - Padma Rekha CHS LTD.pdf | 7 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance letter finance (1).pdf | 7 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance letter finance (1).pdf | 7 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance letter legal.pdf | 13 Jan 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance letter legal.pdf | 13 Jan 2023 |
| Declaration about Commencement CertificateFile: Declaration about commencement certificate.pdf | 13 Jan 2023 |
| CERSAI detailsFile: CERSAI REPORT-1_merged.pdf | 13 Jan 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Discloure of interest in other real estate.pdf | 13 Jan 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A-Bank account.pdf | 13 Jan 2023 |
| Deviation Report with respect to Allotment letterFile: No Deviation letter.pdf | 13 Jan 2023 |
| Layout approvalFile: BMC APPROVED PLAN.pdf | 11 Jan 2023 |
| Building plan approvalFile: BMC APPROVED PLAN.pdf | 11 Jan 2023 |
| PAN CardFile: AAKAR REAL - PAN.pdf | 11 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: BMC APPROVED PLAN.pdf | 11 Jan 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: BMC APPROVED PLAN.pdf | 11 Jan 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: FIRST CC.pdf | 11 Jan 2023 |
| Declaration in FORM BFile: AAKAR REAL_DECLARATION.pdf | 11 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ANNEXURE A - FORM 1 ARCHITECT CERTIFICATE.pdf | 11 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineer certificate - padma rekha.pdf | 11 Jan 2023 |
Promoter's earlier projects2
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| GOREGAON RASIK CO OP HSG SOCIETY LTDP51800007636 | GOREGAON WEST, Mumbai Suburban | 27 | Aug 2017 | Completed | Mar 2023Registered original: Mar 2019 | Mar 2023 |
| SHILOO MAHAL CHS LTD | PLOT NO 53A JAWAHAR NAGAR ROAD NO 6 NEAR BRIHMA KUMARI GARDEN GOREGAON WEST MUMBAI 400104 | 24 | - | Completed | Dec 2015 | Oct 2015 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations, which the RERA portal never shows together
- All 65 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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Builder: AAKAR REAL ESTATE DEVELOPERS
AAKAR REAL ESTATE DEVELOPERS has 3 registrations on MahaRERA, including GOREGAON RASIK CO OP HSG SOCIETY LTD and PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD. Its filings disclose 2 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What does it mean that PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD is delayed beyond 31 Dec 2025?
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 PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD?
The registered promoter entity is AAKAR REAL ESTATE DEVELOPERS, 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 PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD?
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 PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD?
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 PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD?
The professionals named in the filing: Architect: ASHIM KHATRI; Engineer: KAIVANT C SHAH; Chartered Accountant: HITESH SHAH 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 PADMA REKHA CO-OPERATIVE HOUSING SOCIETY LTD?
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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