Home / Browse projects / Thane, Maharashtra / Panvelkar Nisarg Phase II Building A2
Panvelkar Nisarg Phase II Building A2
RG-MH-06633 · RERA P51700054034 · Last updated on MahaRERA portal: 21 May 2026
Source: official MahaRERA filing
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Red flags
- Rs 10.00 crore secured on the land, in favour of Shriram Housing Finance Limited
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- 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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Panvelkar Nisarg Phase II Building A2 is a Residential / Group Housing project by Panvelkar Realty Pvt Ltd in Thane, Maharashtra, registered with MahaRERA as P51700054034 on 27 Dec 2023. Possession is promised by 31 Dec 2026. 1 of the 57 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete.
At a glance
Project
- NamePanvelkar Nisarg Phase II Building A2
- TypeResidential / Group Housing
- Location
- Joveli
- Badlapur (M Cl)
- Ambarnath
- Thane
- 421503
- Pincode421503
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700054034
- ReraGenie IDRG-MH-06633
Builder
- NamePanvelkar Realty Pvt Ltd
- Entity typeCompany
- DirectorsVijay Ramchandra Panvelkar, Rahul Vijay Panvelkar
- Declared earlier projects4 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on27 Dec 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed66 files
Current status
Figures as on 21 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building A2 | NA | 12 | 12 | 54 | 3 | 57 |
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 21 May 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.
2 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.
Building A2: 18% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 21 May 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 0% |
| 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 | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 70% |
| Aggregate area of recreational Open Space | Yes | 70% |
| Open Parking | No | Not applicable |
Parking filed1
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 ownership
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
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 |
|---|---|---|---|
| Building A2 | NA | Rs 6.71 cr | Rs 1.11 cr |
| - | NA | Rs 67.10 lakh | Rs 10.06 lakh |
Certifying professionals and partners9
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Samarthy Engineers |
| Engineer | Atul Kudtarkar & Associates |
| Chartered Accountant | Mangesh Ghanekar |
| Chartered Accountant | Vyanktesh Joshi |
| Chartered Accountant | Monisha Kuperkar |
| Chartered Accountant | ASKA & Co |
| Chartered Accountant | Joshi Kale & Associates |
| Chartered Accountant | Kirtane &Pandit |
| Chartered Accountant | Nikhil Pakhle |
| Partner | Role in project |
|---|---|
| Panvelkar Realty Pvt Ltd | - |
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 4 Dec 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Nov 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 31 Aug 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Nov 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 filed66
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 |
|---|---|
| Withdrawal Update Form 1File: Form 1 A2 as on March 2026.pdf | 21 May 2026 |
| Withdrawal Update Form 2File: Form 2 Nisarg A2 as on March 2026.pdf | 21 May 2026 |
| Withdrawal Update Form 3File: Signed Form 3 of PRPL Nisarg Phase II A2__March 2026.pdf | 21 May 2026 |
| Withdrawal Update Form 1File: Form 1 Nisarg A2 Oct25 to Dec25.pdf | 19 May 2026 |
| Withdrawal Update Form 2File: Form 2 Nisarg A2 Q3 2025.pdf | 19 May 2026 |
| Withdrawal Update Form 3File: Signed Form 3 of Panvelkar Nisarg A2 Bldg__December 2025.pdf | 19 May 2026 |
| Withdrawal Update Form 1File: Form 1 Nisarg A2 Jul25 to Sept25.pdf | 11 May 2026 |
| Withdrawal Update Form 2File: Form 2 Nisarg A2 as on September.pdf | 11 May 2026 |
| Withdrawal Update Form 3File: Form 3 Nisarg A2 as on September 2025.pdf | 11 May 2026 |
| Withdrawal Update Form 1File: Form 1 Nisarg A2 Apr To June 25.pdf | 5 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 Nisarg A2 June-2025.pdf | 5 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 Nisarg A2 June-2025.pdf | 5 Feb 2026 |
| Form 5 (FY 2024-2025)File: Signed Form 5 Nisarg for FY 2024-25.pdf | 22 Jan 2026 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Nisarg A2 Form 2 Jan To March 25 Sign.pdf | 22 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Nisarg A2 Form 2 Jan To March 25 Sign.pdf | 22 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Nisarg Building A2 Form 1 Jan To March 25.pdf | 13 May 2025 |
| Disclosure of sold/ booked inventoryFile: Nisarg A2 Bldg Sold Unsold.pdf | 15 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Nisarg Building A2 Form 1 Oct To Dec 24.pdf | 22 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Nisarg A2 Bldg Sold Unsold (31 12 24).pdf | 21 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A Nisarg Building A2 23-24.pdf | 21 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Nisarg A2 Form 2 July To Sept 24.pdf | 16 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Nisarg A2 Form 2 July To Sept 24.pdf | 16 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: Nisarg A2 Sold Unsold July To Sept 24.pdf | 19 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Nisarg Building A2 Form 1 July To Sept 24.pdf | 18 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Panvelkar Nisarg Phase II A2 (Signed).pdf | 19 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Nisarg Building A2 Form 1 Apr To June 24.pdf | 22 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Nisarg Bldg A2 Sold Unsold Apr To June 24.pdf | 8 Jul 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seprate Bank Account RERA Nisarg A2 (Rev).pdf | 25 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Nisarg Bldg A2 Form 2 (Jan To March 24).pdf | 22 May 2024 |
| Details of encumbrances concerned to FinanceFile: prpl A2 shfl encumbrance certificate.pdf | 26 Apr 2024 |
| Details of encumbrances concerned to LegalFile: prpl A2 shfl encumbrance certificate.pdf | 26 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Nisarg Building A2 Form 1 Jan To March 24.pdf | 17 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Nisarg A2 Bldg Sold Unsold Jan To March 24.pdf | 17 Apr 2024 |
| Proforma of Agreement for saleFile: Draft of Agreement For Sale.pdf | 26 Dec 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation report Agreememt(Rev).pdf | 20 Dec 2023 |
| Details of encumbrances concerned to FinanceFile: Details of No Encumbrances.pdf | 18 Dec 2023 |
| Details of encumbrances concerned to LegalFile: Details of No Encumbrances.pdf | 18 Dec 2023 |
| Copy of the legal title reportFile: Title Report.pdf | 4 Dec 2023 |
| Other - LegalFile: Supplementry Agreement (Land Purchase).pdf | 29 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: A2 Form 1 (1).pdf | 18 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: A2 Form 2 (1).pdf | 18 Nov 2023 |
| Layout approvalFile: A2 Sheet 1.pdf | 17 Nov 2023 |
| Layout approvalFile: A2 Sheet 2.pdf | 17 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: A2 Sheet 1.pdf | 17 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: A2 Sheet 2.pdf | 17 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Revised CC A1 A2.pdf | 17 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Nisarg A2 Declaration for CC Validation.pdf | 17 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: APPENDIX-F FOR PLINTH COMPLETION BLDG NO A1.pdf | 17 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: A2 Form 1.pdf | 17 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: A2 Form 2.pdf | 17 Nov 2023 |
| Declaration about Commencement CertificateFile: 1 Declaration about Commencement Certificate.pdf | 2 Nov 2023 |
| CERSAI detailsFile: 1 CERSAI details.pdf | 2 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 1 CA Certificate on Project Cost Fund withdrawal (Form 3).pdf | 2 Nov 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 1 Separate Bank Account details including no encumbrances on the Bank Account or no escrow | 2 Nov 2023 |
| Details of encumbrances concerned to FinanceFile: Details of No Encumbrances.pdf | 21 Oct 2023 |
| Details of encumbrances concerned to LegalFile: Details of No Encumbrances.pdf | 21 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 1 Disclosure of Interest in Other Real Estate Organizations.pdf | 20 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 2 Disclosure of Interest in Other Real Estate Organizations.pdf | 20 Oct 2023 |
| Declaration in FORM BFile: Form B declaration_compressed.pdf | 13 Sep 2023 |
| Proforma of Allotment letterFile: Model Form of Allotment Letter.pdf | 13 Sep 2023 |
| Deviation Report with respect to Allotment letterFile: No Deviation letter ( Allotment letter).pdf | 5 Sep 2023 |
| Building plan approvalFile: Sheet 1 of 4_compressed.pdf | 31 Aug 2023 |
| Building plan approvalFile: Sheet 4 of 4_compressed.pdf | 31 Aug 2023 |
| PAN CardFile: PRPL PAN CARD.pdf | 31 Aug 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 1 of 4_compressed.pdf | 31 Aug 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 4 of 4_compressed.pdf | 31 Aug 2023 |
Promoter's earlier projects4
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Panvelkar Estate Stanford Phase I | Mankivali Badlapur E | 285 | Completed | Dec 2018 | Late, Dec 2019 |
| Panvelkar Aquamarine | Gut No 3 Morivali Ambernath E | 262 | Completed | Oct 2016 | May 2016 |
| Panvelkar Vellozia | S No 79 H No 2 Bhosale Nagar Badlapur E | 159 | Completed | Dec 2014 | Jun 2014 |
| Panvelkar Royal Square | S No 64 H No 12 Near Bharat College Hendre Pada Badlapur W | 122 | Completed | Dec 2013 | May 2012 |
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How this compares with Thane
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Buyer report
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- All 66 filed documents as one ZIP, foldered, with a manifest
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Project watch
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Builder: Panvelkar Realty Pvt Ltd
Panvelkar Realty Pvt Ltd has 1 registration on MahaRERA, including Panvelkar Nisarg Phase II Building A2. Its filings disclose 4 earlier MahaRERA projects: declares 3 of 4 past projects completed on time. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if Panvelkar Nisarg Phase II Building A2 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 Panvelkar Nisarg Phase II Building A2?
The registered promoter entity is Panvelkar Realty Pvt Ltd, a company 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 Panvelkar Nisarg Phase II Building A2?
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 Panvelkar Nisarg Phase II Building A2?
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 Panvelkar Nisarg Phase II Building A2?
The professionals named in the filing: Architect: Samarthy Engineers; Engineer: Atul Kudtarkar & Associates; Chartered Accountant: Mangesh Ghanekar; Chartered Accountant: Vyanktesh Joshi; Chartered Accountant: Monisha Kuperkar; Chartered Accountant: ASKA & Co. 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 Panvelkar Nisarg Phase II Building A2?
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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