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Registered No litigation declared Others project

PANHALA APARTMENT

By NARESH ASHOKRAO BHADAKWADE

RG-MH-91108 · RERA P51600050107 · Last updated on MahaRERA portal: 8 Mar 2023

Source: official MahaRERA filing

Red flags

  • 2 complaints at MahaRERA

Clear

  • No litigation declared
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

1 condition is 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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Dec 2028Possession promisedno revision filed
3 of 11Construction stages donefurthest along: Slabs of Super Structure, 80%
16 of 16Units unsoldnot recorded sold or booked
2Complaints at MahaRERAon this registration
Jump to the 21 documents Report an error

PANHALA APARTMENT is a Others project by NARESH ASHOKRAO BHADAKWADE in Nashik, Maharashtra, registered with MahaRERA as P51600050107 on 15 Mar 2023. Possession is promised by 31 Dec 2028. 0 of the 16 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete. 2 complaints are on record with the regulator.

At a glance

Project

  • NamePANHALA APARTMENT
  • TypeOthers
  • Location
    • WADALA PATHARDI ROAD
    • INDIRA NAGAR OPP GURU GOVIND SINGH COLLAGE
    • Nashik (M Corp.)
    • Nashik
    • 422009
  • Pincode422009
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600050107
  • ReraGenie IDRG-MH-91108

Builder

  • NameNARESH ASHOKRAO BHADAKWADE
  • Entity typeIndividual
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2023PromisedDec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on15 Mar 2023
  • Promised completion31 Dec 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed21 files

Current status

0%0 of 16 units booked

Figures as on 8 Mar 2023, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PANHALA APARTMENTNA8013316

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 8 Mar 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.

3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 80%.

PANHALA APARTMENT: 40% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor30%
Slabs of Super Structure80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises20%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks10%
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 amenities16

As on 8 Mar 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 & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes50%
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 requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%
LIFTYes20%

Parking filed23

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 slots23
Closed/Covered1
Open Space22

Land and ownership1

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.

Land area505 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on2 Oct 2024
LandownerVillageDistrict
GANESH NIVRUTTI KAMODNashik (M Corp.)Nashik

Approvals and building plan

Permissible FSI1597.86
Proposed, not sanctioned1,597 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 branchSHOP NO 9 10 11 RUSHIRAJ AVENUE SHRANPUR TRIMBAK LINK ROAD CANADA CORNER NASHIK 422002

Certifying professionals and partners3

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

RoleName
ArchitectMAHESH DEEPAK SHIRKE
EngineerAMOL YADAVRAO BHALERAO
Chartered AccountantSHINDE and ASSOCIATES
PartnerRole in project
NARESH ASHOKRAO BHADAKWADE-

Complaints filed with MahaRERA2

Case no.ComplainantRespondentFiled
CC12502275MOHANISH VILAS BENDALENARESH ASHOKRAO BHADAKWADE06/07/2025
CC12502641MAYUR AVINASH BORDENARESH ASHOKRAO BHADAKWADE30/07/2025

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 16 Feb 2023
  2. Layout approvalOn the file

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

    uploaded 16 Feb 2023
  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 16 Feb 2023
  4. Commencement CertificateOn the file

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

    uploaded 16 Feb 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 2028

Documents filed21

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
Declaration about Commencement CertificateFile: Panhala Apt Format D 08032022.pdf8 Mar 2023
Proforma of Agreement for saleFile: 19 Panhala Agreement Draft.pdf8 Mar 2023
Layout approvalFile: Panhala Apt Layout.pdf16 Feb 2023
Building plan approvalFile: Panhala Apt IOD.pdf16 Feb 2023
PAN CardFile: Naresh Bhadkwade PAN Card 14022023.pdf16 Feb 2023
Copy of the legal title reportFile: Panhala Apt Title with Format A 16022023.pdf16 Feb 2023
Details of encumbrances concerned to FinanceFile: Panhala Apt No Encumbrance Finance 16022023.pdf16 Feb 2023
Details of encumbrances concerned to FinanceFile: Panhala Apt No Encumbrance Legal 16022023.pdf16 Feb 2023
Details of encumbrances concerned to LegalFile: Panhala Apt No Encumbrance Finance 16022023.pdf16 Feb 2023
Details of encumbrances concerned to LegalFile: Panhala Apt No Encumbrance Legal 16022023.pdf16 Feb 2023
Copy of Layout Approval (in case of layout)File: Panhala Apt Layout.pdf16 Feb 2023
Building Plan Approval / NA Order for plotted developmentFile: Panhala Apt IOD.pdf16 Feb 2023
Commencement Certificates / NA Order for plotted developmentFile: Panhala Apt Commencement Certificate 16022023.pdf16 Feb 2023
Declaration in FORM BFile: Panhala Apt Form B Developer 16022023.pdf16 Feb 2023
CERSAI detailsFile: Panhala Apt CERSAI_Search_Report_200260449720_For_Asset_Based_Search_15_02_2023_19_15_39_516 Feb 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Panhala Apt Form 3 17022023.pdf16 Feb 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: Panhala Apt Annexure A Other 16022023.pdf16 Feb 2023
Proforma of Allotment letterFile: Panhala Apt Allottment Letter 16022023.pdf16 Feb 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Panhala Apt Format A Bank 16022023.pdf16 Feb 2023
Deviation Report with respect to Allotment letterFile: Panhala Apt Deviation For Allotment Letter 16022023.pdf16 Feb 2023
Deviation Report with respect to model copy of AgreementFile: Panhala Apt Deviation For Agreement For Sell 1602203.pdf16 Feb 2023

How this compares with Nashik

0%of this project is bookeddistrict median 17%
10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is on the register

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik 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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How alerts work

Other projects near INDIRA NAGAR OPP GURU GOVIND SINGH COLLAGE4,100+ in Nashik

2 kmPANHALA APARTMENTCompleted 92Lapsed / revoked 25Other 72Dot size: filed unitsN

Filed coordinates, straight-line distance. 189 registered projects within 2 km.

Builder: NARESH ASHOKRAO BHADAKWADE

NARESH ASHOKRAO BHADAKWADE has 2 registrations on MahaRERA, including PANHALA APARTMENT and PRATAPGAD APARTMENT. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if PANHALA APARTMENT is delayed beyond 31 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 PANHALA APARTMENT?

The registered promoter entity is NARESH ASHOKRAO BHADAKWADE, 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 PANHALA APARTMENT?

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 do I read the complaint cases filed against PANHALA APARTMENT?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for PANHALA APARTMENT?

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 PANHALA APARTMENT?

The professionals named in the filing: Architect: MAHESH DEEPAK SHIRKE; Engineer: AMOL YADAVRAO BHALERAO; Chartered Accountant: SHINDE and 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 PANHALA APARTMENT?

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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