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PARAKH TRADE CENTER
RG-MH-03896 · RERA P51600022948 · Last updated on MahaRERA portal: 24 May 2023
Source: official MahaRERA filing
Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
At a glance
Project
- NamePARAKH TRADE CENTER
- TypeOthers
- Location
- 496/1/A AT POST KASABE VANI
- VANI
- Kasbe Vani
- Dindori
- Nashik
- 422215
- Pincode422215
- RERA no.P51600022948
- ReraGenie IDRG-MH-03896
Builder
- NameMAHENDRAKUMAR BHAVARILAL PARAKH
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on5 Nov 2019
- Promised completion30 Mar 2024
- Revised completionNone
- Buildings1 building record
- Documents filed21 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PARAKH TRADE CENTER | NA | 3 | 0 | 0 | 0 | 0 |
These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.
Builder: MAHENDRAKUMAR BHAVARILAL PARAKH
MAHENDRAKUMAR BHAVARILAL PARAKH has 1 registration in this build, including PARAKH TRADE CENTER. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if PARAKH TRADE CENTER is delayed beyond 30 Mar 2024?
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 PARAKH TRADE CENTER?
The registered promoter entity is MAHENDRAKUMAR BHAVARILAL PARAKH, an individual as per the filing. The filing discloses no 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, all downloadable free from this page with a login.
Is my payment protected in PARAKH TRADE CENTER?
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.
Who certifies construction progress at PARAKH TRADE CENTER?
The professionals named in the filing: Architect: SACHIN C AHER; Engineer: MAHAVIR KHABIYA; Chartered Accountant: SIDDHESH BRAMHECHA; Other: SUNIL PATEL. 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 PARAKH TRADE CENTER?
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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