Home / Browse projects / Sangli, Maharashtra / PARAS PLAZA
PARAS PLAZA
RG-MH-27444 · RERA P53100034111 · Last updated on MahaRERA portal: 3 Apr 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
2 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.
See what the report covers Free either way: or have every new Sangli registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
PARAS PLAZA is a Others project by M.K.BUILDERS & DEVELOPERS in Sangli, Maharashtra, registered with MahaRERA as P53100034111 on 24 Mar 2022. The registration is recorded completed; possession was promised by 31 Dec 2025. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NamePARAS PLAZA
- TypeOthers
- Location
- TIRTHANKAR COLONY
- SAMVSHARAN CHOUK
- Sangli Miraj Kupwad (M Corp.)
- Miraj
- Sangli
- 416416
- Pincode416416
- MapView location on Google Maps (as filed on RERA)
- RERA no.P53100034111
- ReraGenie IDRG-MH-27444
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on24 Mar 2022
- Promised completion31 Dec 2025
- Revised completionRevised to 31 Dec 2025 (originally 31 Dec 2024)
- Buildings1 building record
- Documents filed71 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PARAS PLAZA | NA | 7 | 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 3 Apr 2025, 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
PARAS PLAZA: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 3 Apr 2025, 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 | No | Not applicable |
| 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 | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| 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 ownership4
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.
| Landowner | Village | District |
|---|---|---|
| DADASAHEB D PATIL | Pune (CB) | Pune |
| Mrs SHUBHANGI D PATIL | Pune (CB) | Pune |
| ANIL A KOGNOLE | Sangli Miraj Kupwad (M Corp.) | Sangli |
| Mrs BHARTI A KOGNOLE | Sangli Miraj Kupwad (M Corp.) | Sangli |
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 partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ar Atul A Kognole |
| Architect | Atul Ashok Kognole |
| Engineer | Er Amol A Kognole |
| Engineer | AMOL ASHOK KOGNOLE |
| Chartered Accountant | CA Vinod R Patil |
| Chartered Accountant | vinod rajgonda patil |
| Chartered Accountant | Jyoti G. Kadam |
| Partner | Role in project |
|---|---|
| M.K.BUILDERS & 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 promoterDEAR SIR/MADAM We m/s M.K.Builders have received rera registration for our said project PARAS PLAZA in c.s.no 3688 near vruddh sevashram sangli vide rera no P53100034111. our project is completed in all respect and file for obtaining oc (complition certificate) is on desk of corporation with entery no DDMCM/2024/274178/54022 Dated 08/07/2024 with proposal no 282038. because of fire safty noc work delayed by our agency we unable to get oc till date. we hope we will gate noc in coming week. no other quries than fire noc is there in our proposal. considering this we hope extension from Maharera f
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 23 Mar 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 8 Mar 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 3 Mar 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 Mar 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 19 Feb 2025
Documents filed71
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 |
|---|---|
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras form 3 31 Dec 2024.pdf | 3 Apr 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: paras complition certificate.pdf | 19 Feb 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: PARAS COMPLITION.pdf | 19 Feb 2025 |
| Declaration in FORM BFile: form b for ext.pdf | 17 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ar cert jan 2025.pdf | 17 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: er cert jan 2025.pdf | 17 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: paras architect cert jun2024.pdf | 1 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: paras architect cert sep2024.pdf | 1 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras form3 june2024.pdf | 1 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras form3 sep2024_compressed.pdf | 1 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Paras engineer cert june2024.pdf | 1 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: paras engineer cert sep2024.pdf | 1 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Quality ass cert Paras 2324.pdf | 26 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: paras ar certificate march 24 .pdf | 25 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: paras er cert march 24 _compressed.pdf | 25 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: paras er cert march 24 .pdf | 25 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: paras ar certificate march 24 .pdf | 25 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: paras form5 24.pdf | 25 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Paras ArCert.pdf | 11 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Paras ErCert.pdf | 11 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras jun23 CA_compressed.pdf | 10 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras sep23 CA_compressed.pdf | 10 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras Dec23 CA_compressed.pdf | 10 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: paras plaza inventory 030124.pdf | 8 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form1paras30623.pdf | 20 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form1paras51023.pdf | 20 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form2 paras 300623.pdf | 20 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form2 paras 300923.pdf | 20 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ArForm1 30622.pdf | 6 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ArForm130922.pdf | 6 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar form1 311222.pdf | 6 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar letter 31323 paras.pdf | 6 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Er form2 30622.pdf | 6 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ErForm2 30922.pdf | 6 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Erform2 311222.pdf | 6 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: er lett paras 31323.pdf | 6 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: QA paras 2023.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CAform30622_compressed.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CAform3 30922_compressed.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA form3311222_compressed.pdf | 6 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA form3 31323_compressed.pdf | 6 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: C A FORM5.pdf | 6 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar letter 31323 paras.pdf | 5 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: er lett paras 31323.pdf | 5 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: er lett paras 31323.pdf | 5 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: magdum engineer certificate Paras .pdf | 5 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form5 paras plaza.pdf | 5 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: engineer certificate 31032022.pdf | 30 Sep 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineer certificate 31032022.pdf | 30 Sep 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: paras rera account.pdf | 27 Sep 2023 |
| Disclosure of sold/ booked inventoryFile: paras inventory letter .pdf | 22 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Paras .pdf | 16 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineer certificate 31032022.pdf | 16 Feb 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: magdum engineer certificate Paras .pdf | 16 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A FORM3_compressed (1).pdf | 16 Feb 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: C A FORM5.pdf | 16 Feb 2023 |
| PAN CardFile: pan card.pdf | 23 Mar 2022 |
| Copy of the legal title reportFile: title flow paras_compressed.pdf | 23 Mar 2022 |
| Copy of the legal title reportFile: legal tital paras_compressed.pdf | 23 Mar 2022 |
| Details of encumbrancesFile: encumbrance paras_compressed.pdf | 23 Mar 2022 |
| Declaration about Commencement CertificateFile: form D decaration.pdf | 23 Mar 2022 |
| Declaration in FORM BFile: form b paras plaza_compressed.pdf | 23 Mar 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Paras ca form3_compressed.pdf | 23 Mar 2022 |
| Proforma of Allotment letterFile: allotment letter PARAS.pdf | 23 Mar 2022 |
| CERSAI detailsFile: CERSAI PARAS.pdf | 18 Mar 2022 |
| Proforma of Allotment letterFile: m k builders agt sale paras.pdf | 18 Mar 2022 |
| Layout approvalFile: Paras sanction layout.pdf | 8 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Paras sanction layout.pdf | 8 Mar 2022 |
| Building plan approvalFile: paras plaza sanction plan_compressed.pdf | 3 Mar 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: paras plaza sanction plan_compressed.pdf | 3 Mar 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: paras plaza Bparwana_compressed.pdf | 3 Mar 2022 |
Promoter's earlier projects2
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| SWAPNASHILP RESIDANCYP53100020636 | BALAJINAGR, Sangli | - | Apr 2019 | Completed | Apr 2025 | Nov 2021 |
| MITHIL RESIDENCY | VARNALI LANE NO 3 OPP RAILWAY STATION | 1 | - | Completed | Apr 2014 | Late, Jul 2014 |
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How this compares with Sangli
Computed across the 790+ Sangli projects on ReraGenie, from their own filings.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 71 filed documents as one ZIP, foldered, with a manifest
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See every Sangli project, with the district possession charts
Builder: M.K.BUILDERS & DEVELOPERS
M.K.BUILDERS & DEVELOPERS has 3 registrations on MahaRERA, including SWAPNASHILP RESIDANCY and BALAJI RESIDANCY. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Sangli district page.
Frequently asked questions
What are my rights if PARAS PLAZA is delayed beyond 31 Dec 2025?
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 PARAS PLAZA?
The registered promoter entity is M.K.BUILDERS & DEVELOPERS, a partnership as per the filing. Its GSTIN 27AAVFM2275N1ZF can be cross-checked on the MCA and GST portals. 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 PARAS 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 PARAS 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 PARAS PLAZA?
The professionals named in the filing: Architect: Ar Atul A Kognole; Architect: Atul Ashok Kognole; Engineer: Er Amol A Kognole; Engineer: AMOL ASHOK KOGNOLE; Chartered Accountant: CA Vinod R Patil; Chartered Accountant: vinod rajgonda patil. 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 PARAS 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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