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Completed No litigation declared Residential / Group Housing project

PARKSIDE

By Shree Sadguru Builders

RG-MH-30141 · RERA P52000030448 · Last updated on MahaRERA portal: 5 Feb 2025

Source: official MahaRERA filing

Red flags

  • Completion date moved by 3 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • 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.

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Jan 2025Possession promisedregistration recorded completed
11 of 11Construction stages doneevery applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 77 documents Report an error

PARKSIDE is a Residential / Group Housing project by Shree Sadguru Builders in Raigarh, Maharashtra, registered with MahaRERA as P52000030448 on 25 Aug 2021. The registration is recorded completed; possession was promised by 31 Jan 2025. The completion date has moved by 3 months from the original filing.

At a glance

Project

  • NamePARKSIDE
  • TypeResidential / Group Housing
  • Location
    • PARKSIDE
    • GOVIND BAUG
    • OPPOSITE TO TALUKA SPORTS COMPLEX
    • Pen Rural
    • Pen
    • Raigarh
    • 402107
  • Pincode402107
  • RERA no.P52000030448
  • ReraGenie IDRG-MH-30141

Builder

  • NameShree Sadguru Builders
  • Entity typePartnership
  • PartnersJayant Shrikant Mhatre, Lalit Ravindra Patil, Darshan Kirtikumar Bafna
  • Other registrations1 more →
  • Completed2 of 2
  • Declared earlier projects2 →

Key dates

this monthRegisteredAug 2021First promiseOct 2024Revised toJan 2025Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on25 Aug 2021
  • Promised completion31 Jan 2025
  • Revised completionRevised to 31 Jan 2025 (originally 31 Oct 2024)
  • Buildings1 building record
  • Documents filed77 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PARKSIDENA100000

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 5 Feb 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.

11 of 11 construction stages are filed complete.

PARKSIDE: 100% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
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.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 5 Feb 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)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed37

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 slots37
Closed/Covered37

Land and ownership6

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area1,885 sq m
Land owned byThe promoter, with other names on the file
Named landowners6
LandownerVillageDistrict
DARSHAN BAFNAPen (M Cl)Raigarh
JAYANT SHRIKANT MHATREPen (M Cl)Raigarh
LALIT RAVINDRA PATILPen (M Cl)Raigarh
PAVAN MANGILAL JAINGreater Mumbai (M Corp.) (Part) (802794)Mumbai Suburban
MAHIPAL MULCHAND JAINAlibag Raigarh
ABHIRAJ RAMESH KADUPen (M Cl)Raigarh

Approvals and building plan

Permissible FSI4876.84
Proposed, not sanctioned4,877 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 branchLBS MARG, TAL PEN, DIST RAIGAD

Certifying professionals and partners4

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

RoleName
ArchitectCHIRAG YASWANT JAIN
EngineerJAYANTA S MHATRE
Chartered AccountantSAILESH JAIN
Chartered AccountantS D PARANJAPE & ASSOCIATES CHARTERED ACCOUNTANTS
PartnerRole in project
Shree Sadguru Builders-

Extensions applied for1

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

EXT52000024801Oct 2024 → Jan 2025

Reason as filed by the promoterReason for delay in Parkside possession Heavy rainfall hindered the drying process of internal gypsum, resulting in delay before painting work could commence, As a result we could not start tile finishing work and sanitary fitting work. All finishing level work was on hold due to heavy rainfall. Due to the heavy rainfall, water was accumulated in the lift pit, causing delays in the completion of the civil work required for the lift installation. As a result, the lift machine can not be installed so license could not be issued until finalized so occupancy is pending . as you request high regard

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 1 Jul 2021
  2. Layout approvalOn the file

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

    uploaded 30 Jun 2021
  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 18 May 2022
  4. Commencement CertificateOn the file

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

    uploaded 16 May 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 30 Jan 2025

Documents filed77

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
Architect’s Certificate on Completion of Project (Form 4)File: Parkside Form 4.pdf5 Feb 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Architect certificate.pdf30 Jan 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Parkside OC.pdf30 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 (2).pdf2 Dec 2024
Other - TechnicalFile: CONSTRUCTION SCHEDULE.pdf22 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Art certificate.pdf8 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate PDf.pdf8 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng certificate.pdf8 Nov 2024
Disclosure of sold/ booked inventoryFile: sold Inventory.pdf8 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arc certificate.pdf4 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate Parkside.pdf4 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng certificate.pdf4 Nov 2024
Disclosure of sold/ booked inventoryFile: Sold Inventory.pdf4 Nov 2024
Declaration in FORM BFile: Declaration from- B.pdf25 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect certificate dec 23.pdf3 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineering certificate dec 23.pdf3 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERT MAR 24.pdf3 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERT dec 23.pdf3 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arc certificate mar 24.pdf29 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: eng cert mar 24.pdf29 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Eng QA mar 24.pdf29 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Parkside Arc Cert 60 Upto June 23.pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineer's certificate.pdf31 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: quality assurance.pdf31 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera Certificate till March 23.pdf31 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera Certificate April - June 23.pdf31 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Parkside Architect Certificate.pdf9 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Parkside Architect Certificate.pdf9 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Parkaside Quality Assurance.pdf9 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert PARKSIDE.pdf25 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Parkside architect letter.pdf18 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate.pdf16 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Quality Assurance.pdf16 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Parkside CA Cert upto June 22.pdf12 Sep 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Parkside QA Cert upto june 2022.pdf26 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: parkside arc cert june 22.pdf25 Aug 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: parkside Eng Cert upto June 2022.pdf25 Aug 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Parkside CA Cert upto Mar 22.pdf23 May 2022
Building plan approvalFile: Parkside Revised Plan 1.pdf18 May 2022
Building plan approvalFile: Parkside Revised Plan 2.pdf18 May 2022
Building plan approvalFile: Parkside Revised Plan 3.pdf18 May 2022
Building Plan Approval / NA Order for plotted developmentFile: Parkside Revised Plan 1.pdf18 May 2022
Building Plan Approval / NA Order for plotted developmentFile: Parkside Revised Plan 2.pdf18 May 2022
Building Plan Approval / NA Order for plotted developmentFile: Parkside Revised Plan 3.pdf18 May 2022
Declaration about Commencement CertificateFile: Parkside Revised Declaration abt cc 28-03-22.pdf17 May 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Parkside Arc Cert.pdf17 May 2022
Commencement Certificates / NA Order for plotted developmentFile: Parkside Revised CC.pdf16 May 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: eng cert.pdf16 May 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QA eng cert.pdf16 May 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Parkside CA Cert 2.pdf15 Nov 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Parkside Arc Cert 2.pdf10 Nov 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Parkside Eng Cert 2.pdf10 Nov 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Parkside Eng QA Cert 2.pdf10 Nov 2021
Building plan approvalFile: 249-5 NA order.pdf18 Aug 2021
Building plan approvalFile: Parkside Revised Building Plan 1-3.pdf18 Aug 2021
Building plan approvalFile: Parkside Revised Building Plan 2-3.pdf18 Aug 2021
Building plan approvalFile: Parkside Revised Building Plan 3-3.pdf18 Aug 2021
Building Plan Approval / NA Order for plotted developmentFile: 249-5 NA order.pdf18 Aug 2021
Building Plan Approval / NA Order for plotted developmentFile: Parkside Revised Building Plan 1-3.pdf18 Aug 2021
Building Plan Approval / NA Order for plotted developmentFile: Parkside Revised Building Plan 2-3.pdf18 Aug 2021
Building Plan Approval / NA Order for plotted developmentFile: Parkside Revised Building Plan 3-3.pdf18 Aug 2021
Commencement Certificates / NA Order for plotted developmentFile: Parkside Revised CC 27-07-21.pdf18 Aug 2021
Declaration about Commencement CertificateFile: Parkside Revised Declaration about CC.pdf18 Aug 2021
Proforma of Allotment letterFile: Parkside Proforma of Allotment Letter.pdf18 Aug 2021
Proforma of Allotment letterFile: Draft Agreement Parkside.pdf18 Aug 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Parkside CA Cert upto for registration.pdf16 Jul 2021
Declaration about Commencement CertificateFile: Parkside Declaration about CC.pdf7 Jul 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Parkside Arc Cert for Registration.pdf7 Jul 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Parkside Eng Cert for registratuion.pdf7 Jul 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Parkside QA Eng Cert for registration.pdf7 Jul 2021
Declaration in FORM BFile: Parkside Form B affidavit declaration.pdf5 Jul 2021
Copy of the legal title reportFile: parkside legal title report.pdf1 Jul 2021
Layout approvalFile: Parkside Copy of layout aprroval.pdf30 Jun 2021
Copy of Layout Approval (in case of layout)File: Parkside Copy of layout aprroval.pdf30 Jun 2021
PAN CardFile: PAN_SSB.pdf26 Jun 2021
Details of encumbrancesFile: Details of Encumbrances.pdf26 Jun 2021
Commencement Certificates / NA Order for plotted developmentFile: cc.pdf26 Jun 2021

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.

1 delivered late1 under way, not due yet
ProjectLocationFlatsStatusPromisedDelivered
SIGNATURES.No.79/1/1, Ring Road, Near Motiram Talav, Chinchpada, Pen -Raigad, 402107-OngoingMay 2028Not due yet
ChintamaniSadguru Park89CompletedFeb 2012Late, Mar 2012

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one moved by 3 months
26%of Raigarh registrations have lapsed or been cancelledthis one is completed

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad 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 OPPOSITE TO TALUKA SPORTS COMPLEX5,900+ in Raigarh

Builder: Shree Sadguru Builders

Shree Sadguru Builders has 2 registrations on MahaRERA, including Chintamani and PARKSIDE. Its filings disclose 2 earlier MahaRERA projects: declares 0 of 1 past projects completed on time. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if PARKSIDE is delayed beyond 31 Jan 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 PARKSIDE?

The registered promoter entity is Shree Sadguru Builders, a partnership 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 PARKSIDE?

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 PARKSIDE?

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 PARKSIDE?

The professionals named in the filing: Architect: CHIRAG YASWANT JAIN; Engineer: JAYANTA S MHATRE; Chartered Accountant: SAILESH JAIN; Chartered Accountant: S D PARANJAPE & ASSOCIATES CHARTERED ACCOUNTANTS. 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 PARKSIDE?

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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