Home / Browse projects / Satara, Maharashtra / Palasha Phase I
Palasha Phase I
RG-MH-75901 · RERA P52700049507 · Last updated on MahaRERA portal: 19 Aug 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 1 case
- Completion date moved by 6 months
- 1 extension taken
Clear
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
3 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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Palasha Phase I is a Plotted project by Sankalp Shilp Developers in Satara, Maharashtra, registered with MahaRERA as P52700049507 on 15 Feb 2023. Possession is promised by 31 Dec 2026. The completion date has moved by 6 months from the original filing. 20 of the 37 units on this registration are recorded sold or booked.
At a glance
Project
- NamePalasha Phase I
- TypePlotted
- Location
- Bhilar Road
- Satara
- Ruighar
- Jaoli
- 411020
- Pincode411020
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52700049507
- ReraGenie IDRG-MH-75901
Builder
- NameSankalp Shilp Developers
- Entity typePartnership
- PartnersBhushan Pradeep Nalawade, Mahendra Arun Kulkarni, Vasim Mahamad Shaikh, Atul Ram Jethmalani, Chandrakant Tukaram Bharekar, Mukund Madanlal Kasat, Rasika Ravindra Gole
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on15 Feb 2023
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 30 Jun 2026)
- BuildingsNot stated in filing
- Documents filed112 files
Current status
Figures as on 19 Aug 2026, this project's latest MahaRERA filing.
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 19 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.
NA Plot Without Structure:
| Activity | Progress |
|---|---|
| Excavation | Not applicable |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | Not applicable |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | Not applicable |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | Not applicable |
| Sanitary Fittings within the flats / premises | Not applicable |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | Not applicable |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | Not applicable |
| 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. | Not applicable |
Progress on shared amenities15
As on 19 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 | 30% |
| Water Supply | Yes | 30% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | Yes | 30% |
| Landscaping & Tree Planting | Yes | 30% |
| Street Lighting | Yes | 30% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 30% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 30% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Land and ownership
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.
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 |
|---|---|---|---|
| - | NA | Rs 5.86 cr | Rs 5.50 cr |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Nikhil Jadhav |
| Engineer | Ashish Chikane |
| Chartered Accountant | K G Jhamvar & Co |
| Chartered Accountant | YASH M TOSHNIWAL |
| Partner | Role in project |
|---|---|
| Sankalp Shilp Developers | - |
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 promoterDetailed Reasons for Extension: 1. Due to the non-availability of funds from sales, we are currently in the process of arranging alternative funding sources (such as infusion of personal capital or seeking institutional finance). This restructuring requires additional time to ensure the project reaches completion without further interruptions. 2. The project faced a significant shortage of skilled workers required for specialized finishing tasks. This labour migration and unavailability directly impacted the planned pace. 3. Delays in the procurement of specific technical components (such as e
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 66/2012/2012 | Civil Judge Junior Devision Medha | argument on exhibit unready |
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 24 Jan 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 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 24 Jan 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 24 Jan 2023Confirm 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 31 Dec 2026
Documents filed112
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 112 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: Architect Certificate - Q1 - FY 2026-27.pdf | 19 Aug 2026 |
| Withdrawal Update Form 2File: Engineer Certificat.pdf | 19 Aug 2026 |
| Withdrawal Update Form 3File: f3.pdf | 19 Aug 2026 |
| Form 1File: Form 1 - Architect Certificate Qtr 4.pdf | 30 Apr 2026 |
| Form 2File: Form 2 - Engineers Certificate Qtr 4.pdf | 30 Apr 2026 |
| Form 3File: Form 3 - CA Certificate QTR 4.pdf | 30 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: 68b8e52a-42ce-4797-b1b2-c358a1a417be.pdf | 30 Apr 2026 |
| Form 1File: Architect Certificate Form 1.pdf | 20 Feb 2026 |
| Form 2File: Engineers Certificate form 2.pdf | 20 Feb 2026 |
| Form 3File: C A Certificate Form 3.pdf | 20 Feb 2026 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD INVENTORY AS PER RERA.pdf | 20 Feb 2026 |
| Form 1File: Architect Certificate Q2 30 09 25.pdf | 29 Nov 2025 |
| Form 2File: Engg Certificate Q2 30 09 25.pdf | 29 Nov 2025 |
| Form 3File: CA Certificate Q2 2025-26.pdf | 29 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Inventory Q2 30 09 2025.pdf | 29 Nov 2025 |
| Form 1File: Form 1 - 22 23 Q4.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 22 23 Q4.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 22-23 Q4.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory 22-23 2.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 23 24 Q1.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 23 24 Q1.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 23-24 Q1.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 23 24.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 23 24 Q2.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 23-24.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 23 24.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 23 24 Q3.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 23-24.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 23 24.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 23 24 Q4.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 23-24.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 24 25 Q1_compressed.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 24 25 Q1.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 24 25.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 24 25 Q2_compressed.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 24 25 Q2.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 24 25.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 24 25 Q3_compressed.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 24 25 Q3.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 24 25 Q3.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 24 25 Q4.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 24 25 Q4 (2).pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 24 25 Q4_compressed.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Form 1File: Form 1 - 25 26 Q1.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - 25 26 Q1.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - 25 26 Q1.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory.pdf | 20 Aug 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 8 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A Certificate.pdf | 8 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate.pdf | 8 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Architect Certificate_Sankalp Shilp Developers (31-12-2024).pdf | 29 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_CA Certificate_Sankalp Shilp Developers (31-12-2024).pdf | 29 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer Certificate_Sankalp Shilp Developers (31-12-2024).pdf | 29 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Updated Form 3.pdf | 28 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Revised Form 2 Engineer.pdf | 28 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SCAN 4.pdf | 1 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SCAN 2_compressed.pdf | 1 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SCAN 5.pdf | 1 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SCAN 3_compressed.pdf | 1 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SCAN 1_compressed.pdf | 1 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104719.pdf | 31 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104719.pdf | 31 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104639.pdf | 31 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104624.pdf | 31 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104624.pdf | 31 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104719.pdf | 31 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20241031104639.pdf | 31 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20241031104419.pdf | 31 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20241031104355.pdf | 31 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20241031104530.pdf | 31 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20241031104517.pdf | 31 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20241031104436.pdf | 31 Oct 2024 |
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Project watch
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Builder: Sankalp Shilp Developers
Sankalp Shilp Developers has 1 registration on MahaRERA, including Palasha Phase I. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Satara district page.
Frequently asked questions
What are my rights if Palasha Phase I is delayed beyond 31 Dec 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 Palasha Phase I?
The registered promoter entity is Sankalp Shilp 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 Palasha Phase I?
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 Palasha Phase I?
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 Palasha Phase I?
The professionals named in the filing: Architect: Nikhil Jadhav; Engineer: Ashish Chikane; Chartered Accountant: K G Jhamvar & Co; Chartered Accountant: YASH M TOSHNIWAL. 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 Palasha Phase I?
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; how the declared litigation on this registration affects your risk; 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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