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Registration lapsed No litigation declared Others project

Parasmani - B

By Parasmani Constructions Pvt .Ltd

RG-MH-21679 · RERA P51900023727 · Last updated on MahaRERA portal: 27 Sep 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 17 months past the filed date
  • Completion date moved by 12 months
  • 1 extension taken
  • Rs 295.00 crore secured on the land, in favour of Piramal Trusteeship Services Private Limited

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form

5 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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May 2025Possession promised17 months past this date
7 of 11Construction stages donefurthest along: Installation of Lifts, 93%
4 of 27Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 111 documents Report an error

Parasmani - B is a Others project by Parasmani Constructions Pvt .Ltd in Mumbai City, Maharashtra, registered with MahaRERA as P51900023727 on 2 Jan 2020. Possession was promised by 20 May 2025 and is now 17 months past that date. The completion date has moved by 12 months from the original filing. 23 of the 27 units on this registration are recorded sold or booked, and 7 of 11 construction stages are filed complete.

At a glance

Project

  • NameParasmani - B
  • TypeOthers
  • Location
    • Vidyavihar Station Road
    • Vidyavihar (E)
    • Mumbai City
    • 400077
  • Pincode400077
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51900023727
  • ReraGenie IDRG-MH-21679

Builder

  • NameParasmani Constructions Pvt .Ltd
  • Entity typeCompany
  • DirectorsSubhash Madanraj Mutha, HITESH KEWALKUMAR JAIN
  • Other registrations1 more →
  • Completed1 of 2
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

17 months past promisethis monthRegisteredJan 2020First promiseMay 2024Revised toMay 2025

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on2 Jan 2020
  • Promised completion20 May 2025
  • Revised completionRevised to 20 May 2025 (originally 20 May 2024)
  • Buildings1 building record
  • Documents filed111 files

Current status

85%23 of 27 units booked
105.3%Work done, per cost certificate

Figures as on 27 Sep 2025, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BNA141427027

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 27 Sep 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.

7 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 93%.

B: 86% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises72%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.82%
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.93%

Progress on shared amenities15

As on 27 Sep 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 facilityProposedProgress
Internal Roads & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes50%
Storm Water DrainsYes80%
Landscaping & Tree PlantingNoNot applicable
Street LightingYes50%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed28

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 slots28
Closed/Covered14
Open Space14

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.

Land area2,254 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofPiramal Trusteeship Services Private Limited
Secured amountRs 295.00 crore
CERSAI search filedYes
Declared on15 Jul 2025

Approvals and building plan

Sanctioning authoritySlum Rehabilitation Authority
Permissible FSI1863.9
Proposed, not sanctioned1,840 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 branchLaukik Apartments, Ground Floor, Plot No 3, Bhandarkar Road, Pune
Estimated costRs 15.84 cr
Cost incurredRs 16.68 cr
Work done105.28%
BuildingWingEstimatedIncurred
BNARs 13.60 crRs 14.36 cr
-NARs 2.24 crRs 2.32 cr

Certifying professionals and partners4

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

RoleName
ArchitectSaloni Dheodhar
EngineerHarshad Pendse
Chartered AccountantSupriya Mundada
Chartered AccountantGMKS & Co.
PartnerRole in project
Parasmani Constructions Pvt .Ltd-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51900019197May 2024 → May 2025

Reason as filed by the promoterDue to Shortage of labor and delay in material procurement we are unable to complete the project in time.

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 24 Dec 2019
  2. Layout approvalOn the file

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

    uploaded 13 Oct 2022
  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 13 Oct 2022
  4. Commencement CertificateOn the file

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

    uploaded 13 Oct 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot on 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.

Documents filed111

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 111 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.

DocumentUploaded
Form 5 (FY 2024-2025)File: Form 5_Parasmani_B_Signed.pdf27 Sep 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Ar CertiFicate_Signed.pdf18 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf18 Apr 2025
Disclosure of sold/ booked inventoryFile: 6_Disclosure of Sold Inventory.pdf18 Apr 2025
Disclosure of sold/ booked inventoryFile: 6_Disclosure of Sold Inventory.pdf20 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf18 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf18 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf18 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf18 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Ar Certificate.pdf25 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf25 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate_compressed.pdf25 Oct 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of Sold Inventory.pdf25 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5- Parasmani B.pdf16 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Jul 2024
Disclosure of sold/ booked inventoryFile: 6_Disclosure of sold inventory.pdf20 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf20 Jul 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: 2400415_DOI_KKJ.pdf16 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: 240415_DOI_HKJ.pdf16 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: 2400415_DOI_SM.pdf16 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_ Arch Certificate.pdf15 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf15 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 5_Form 2A.pdf15 Apr 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold inventory.pdf15 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf15 Apr 2024
Home Buyer /Allottee Grievance Redressal CellFile: 240308_Decl about Grievance Redressal Cell.pdf8 Mar 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 1 Engineers Certificate on Quality Assurance (Form 2A FY 2021-22).pdf2 Mar 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold inventory.pdf17 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf15 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf15 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf15 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Oct 2023
Disclosure of sold/ booked inventoryFile: 22_Parasmani - B.pdf20 Oct 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf20 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: 35_Parasmani - B.pdf30 Sep 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf31 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf18 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf18 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf21 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf21 Apr 2023
Disclosure of sold/ booked inventoryFile: 28_Parasmani - B.pdf21 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf21 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf21 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf21 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf21 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf21 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf21 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf17 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf17 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf17 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf17 Jan 2023
Disclosure of sold/ booked inventoryFile: 28_Parasmani - B.pdf13 Jan 2023
Proforma of Agreement for saleFile: 221012_Allot and Agreement.pdf15 Nov 2022
Disclosure of sold/ booked inventoryFile: 28_Parasmani - B.pdf19 Oct 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 35_Parasmani - B.pdf14 Oct 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 35_Parasmani - B.pdf14 Oct 2022
Layout approvalFile: 221012_Layout.pdf13 Oct 2022
Building plan approvalFile: 221012_Building Plan_1.pdf13 Oct 2022
Building plan approvalFile: 221012_Building Plan_2.pdf13 Oct 2022
Copy of Layout Approval (in case of layout)File: 221012_Layout.pdf13 Oct 2022
Building Plan Approval / NA Order for plotted developmentFile: 221012_Building Plan_1.pdf13 Oct 2022
Building Plan Approval / NA Order for plotted developmentFile: 221012_Building Plan_2.pdf13 Oct 2022
Commencement Certificates / NA Order for plotted developmentFile: 221012_Commencement Certificate.pdf13 Oct 2022
Declaration about Commencement CertificateFile: 220322_Declaration about CC.pdf13 Oct 2022
Declaration about Commencement CertificateFile: 221012_Declaration about CC.pdf13 Oct 2022
Disclosure of sold/ booked inventoryFile: 28_Parasmani - B_Disclosure of Sold Inventory.pdf21 Jul 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf19 Apr 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf19 Apr 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 5_Quality Certificate_Form 2A.pdf19 Apr 2022
Disclosure of sold/ booked inventoryFile: 28_Parasmani - B_Disclosure of Sold Inventory.pdf19 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf19 Apr 2022
Layout approvalFile: 220322_Layout.pdf22 Mar 2022
Building plan approvalFile: 220322_Building Plan_1.pdf22 Mar 2022
Building plan approvalFile: 220322_Building Plan_2.pdf22 Mar 2022
Copy of Layout Approval (in case of layout)File: 220322_Layout.pdf22 Mar 2022
Building Plan Approval / NA Order for plotted developmentFile: 220322_Building Plan_1.pdf22 Mar 2022
Building Plan Approval / NA Order for plotted developmentFile: 220322_Building Plan_2.pdf22 Mar 2022
Commencement Certificates / NA Order for plotted developmentFile: 220322_Commencement Certificate.pdf22 Mar 2022

Promoter's earlier projects1

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.

1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Parasmani - AVidyavihar Mumbai53CompletedDec 2018Late, Dec 2020

How this compares with Mumbai City

85%of this project is bookeddistrict median 17%
33%of Mumbai City projects moved their completion datethis one moved by 12 months
25%of Mumbai City registrations have lapsed or been cancelledthis one is among them

Computed across the 780+ Mumbai City projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 Vidyavihar (E)780+ in Mumbai City

2 kmParasmani - BCompleted 5Lapsed / revoked 7Other 2Dot size: filed unitsN

Filed coordinates, straight-line distance. 14 registered projects within 2 km.

Builder: Parasmani Constructions Pvt .Ltd

Parasmani Constructions Pvt .Ltd has 2 registrations on MahaRERA, including Parasmani - A and Parasmani - B. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Read the full track record. See more projects on the Mumbai City district page.

Frequently asked questions

What does it mean that Parasmani - B shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if Parasmani - B is delayed beyond 20 May 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 Parasmani - B?

The registered promoter entity is Parasmani Constructions 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 Parasmani - B?

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 Parasmani - B?

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 Parasmani - B?

The professionals named in the filing: Architect: Saloni Dheodhar; Engineer: Harshad Pendse; Chartered Accountant: Supriya Mundada; Chartered Accountant: GMKS & 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 Parasmani - B?

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.

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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