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PADMAVATI PLAZA
By SHIVANAND DASHARATH BHOSALE
RG-MH-68715 · RERA P52900034853 · Last updated on MahaRERA portal: 26 Mar 2024
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 5 months past the filed date
- Completion date moved by 27 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 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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PADMAVATI PLAZA is a Others project by SHIVANAND DASHARATH BHOSALE in Sindhudurg, Maharashtra, registered with MahaRERA as P52900034853 on 28 Apr 2022. Possession was promised by 31 May 2026 and is now 5 months past that date. The completion date has moved by 27 months from the original filing.
At a glance
Project
- NamePADMAVATI PLAZA
- TypeOthers
- Location
- BHEDSHI ROAD
- DODAMARG
- Sindhudurg
- 416512
- Pincode416512
- RERA no.P52900034853
- ReraGenie IDRG-MH-68715
Builder
- NameSHIVANAND DASHARATH BHOSALE
- Entity typeIndividual
- Other registrations2 more →
- Completed1 of 3
- No longer live2 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on28 Apr 2022
- Promised completion31 May 2026
- Revised completionRevised to 31 May 2026 (originally 2 Feb 2024)
- Buildings1 building record
- Documents filed33 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PADMAVATI PLAZA | NA | 3 | 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 26 Mar 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.
7 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 50%.
PADMAVATI PLAZA: 68% 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 | 0% |
| 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. | 50% |
Progress on shared amenities15
As on 26 Mar 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| 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 | 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 filed89
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 |
|---|---|---|
| SUNIL MANOHAR BORDEKAR | Kasai | Sindhudurg |
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 | UPKAR M MAPARI |
| Engineer | UPKAR M MAPARI |
| Chartered Accountant | JEEVAN GAWAS |
| Partner | Role in project |
|---|---|
| SHIVANAND DASHARATH BHOSALE | - |
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 promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19. We have consent of 60% allottees for purpose of extension of RERA registration period of the said project.
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 3 Feb 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 23 Apr 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 13 Apr 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 Apr 2022Confirm the Commencement Certificate covers the specific floor you are buying. - 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 1 Mar 2022
Documents filed33
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 |
|---|---|
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Dec.pdf | 26 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Circular 29 (2).pdf | 26 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Dec.pdf | 26 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: BHURE VIDYA.pdf | 22 Mar 2024 |
| Declaration in FORM BFile: Form B.pdf | 11 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A.pdf | 28 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Dec.pdf | 26 Feb 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf | 26 Feb 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A.pdf | 26 Feb 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: img05506.pdf | 25 Apr 2022 |
| Proforma of Allotment letterFile: Agreement for sale - format for RERA_11zon.pdf | 25 Apr 2022 |
| Layout approvalFile: 21-04-22_11zon (6).pdf | 23 Apr 2022 |
| Copy of Layout Approval (in case of layout)File: 21-04-22_11zon (6).pdf | 23 Apr 2022 |
| Declaration about Commencement CertificateFile: Padmavati Plaza-Declaration-Letter Head-pdf.pdf | 17 Apr 2022 |
| Building plan approvalFile: Image (389).pdf | 13 Apr 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Image (389).pdf | 13 Apr 2022 |
| Declaration in FORM BFile: Image (125).pdf | 13 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: ENGINEERS CERTIFICATE.pdf | 4 Apr 2022 |
| Disclosure of sold/ booked inventoryFile: Circular No 29.pdf | 4 Apr 2022 |
| OtherFile: Drainage Plan.PDF | 4 Apr 2022 |
| OtherFile: Circular No 32.pdf | 4 Apr 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 1 Mar 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEERS CERTIFICATE.pdf | 1 Mar 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: FY 2017-18.pdf | 1 Mar 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FY 2018-19.pdf | 1 Mar 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FY 2019-20.pdf | 1 Mar 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: FORM 1.pdf | 1 Mar 2022 |
| PAN CardFile: img05495.pdf | 3 Feb 2022 |
| Copy of the legal title reportFile: img05496_compressed.pdf | 3 Feb 2022 |
| Details of encumbrancesFile: NIL ENCUMBRANCE.pdf | 3 Feb 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_200234220656_For_Asset_Based_Search_03_04_2022_09_49_41_602.pdf | 3 Feb 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 3 Feb 2022 |
| OtherFile: Image (388).pdf | 3 Feb 2022 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 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 33 filed documents as one ZIP, foldered, with a manifest
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Builder: SHIVANAND DASHARATH BHOSALE
SHIVANAND DASHARATH BHOSALE has 3 registrations on MahaRERA, including VEDANT MAHAL and PADMAVATI PLAZA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Sindhudurg district page.
Frequently asked questions
What does it mean that PADMAVATI PLAZA 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 PADMAVATI PLAZA is delayed beyond 31 May 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 PADMAVATI PLAZA?
The registered promoter entity is SHIVANAND DASHARATH BHOSALE, an individual 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 PADMAVATI PLAZA?
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 PADMAVATI PLAZA?
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 PADMAVATI PLAZA?
The professionals named in the filing: Architect: UPKAR M MAPARI; Engineer: UPKAR M MAPARI; Chartered Accountant: JEEVAN GAWAS. 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 PADMAVATI PLAZA?
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; 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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