Home / Browse projects / Nashik, Maharashtra / PARKSYDE NEST PHASE - 3
PARKSYDE NEST PHASE - 3
RG-MH-13508 · RERA P51600025687 · Last updated on MahaRERA portal: 27 Mar 2025
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 6 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 8 other registrations and every project registered within 2 km.
See what the report covers Free either way: or have every new Nashik 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.
PARKSYDE NEST PHASE - 3 is a Residential / Group Housing project by JAIKUMAR CONSTRUCTIONS LTD in Nashik, Maharashtra, registered with MahaRERA as P51600025687 on 1 Jul 2020. The registration is recorded completed; possession was promised by 30 Jun 2026.
At a glance
Project
- NamePARKSYDE NEST PHASE - 3
- TypeResidential / Group Housing
- Location
- HANUMAN NAGAR
- [ANCHAVATI ANNEX
- Nashik (M Corp.)
- Nashik
- 422003
- Pincode422003
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600025687
- ReraGenie IDRG-MH-13508
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on1 Jul 2020
- Promised completion30 Jun 2026
- Revised completionNone
- Buildings3 building records
- Documents filed92 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A | NA | 18 | 0 | 0 | 0 | 0 |
| B | NA | 18 | 0 | 0 | 0 | 0 |
| C | NA | 18 | 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 building3
As on 27 Mar 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.
29 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Internal walls, at 80%.
A92%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 80% |
| Sanitary Fittings within the flats / premises | 75% |
| 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. | 80% |
| 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. | 80% |
B100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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% |
C100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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 27 Mar 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 | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| 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 | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed384
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.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| A | 124 | 4 | 128 |
| B | 109 | 19 | 128 |
| C | 113 | 15 | 128 |
Land and ownership2
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.
| Landowner | Village | District |
|---|---|---|
| ABHISHEK MOHANLAL CHAUHAN | Nashik (M Corp.) | Nashik |
| SUMANGAL BUILDCON | Nashik (M Corp.) | Nashik |
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 partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | UMESH BAGUL |
| Engineer | PUNIT DINESH CHANDRA RAI |
| Chartered Accountant | KRISHNA JAJOO |
| Chartered Accountant | sharp Aarth and co |
| Partner | Role in project |
|---|---|
| JAIKUMAR CONSTRUCTIONS 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 20 Jun 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 20 Jun 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 20 Jun 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 20 Jun 2020Confirm 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 5 Nov 2024
Documents filed92
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 92 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.
| Document | Uploaded |
|---|---|
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: CA NEST PHASE 3 JUNE 24.pdf | 27 Mar 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER NEST PHASE 3 JUNE 24.pdf | 27 Mar 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupancy-Certificate- A-WING.pdf | 5 Nov 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 NEST PHASE 3 AND 3A.pdf | 28 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT NEST PHASE-3 JUNE-24.pdf | 25 Jul 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Parksyde Nest B wing occupancy certificate.pdf | 15 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: CA NEST PHASE 3 MARCH-24.pdf | 9 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER NEST PHASE 3 MARCH-24.pdf | 29 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA NEST PHASE 3 MARCH-24.pdf | 29 Jun 2024 |
| Home Buyer /Allottee Grievance Redressal CellFile: Grievance Redressal Cell- Parksyde Nest.pdf | 28 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: QUALITY NEST PHASE 3.pdf | 20 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT NEST PHASE-3 MARCH-24.pdf | 30 Apr 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 20240430180930.pdf | 30 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 NEST PHASE 3 2024.pdf | 7 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE NEST PHASE 3 DEC-23.pdf | 6 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER NEST PHASE 3 DEC-23.pdf | 26 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA NEST PHASE 3 DEC-23.pdf | 26 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT NEST PHASE 3-DEC-23.pdf | 12 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE NEST PHASE-3.pdf | 28 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER NEST PHASE-3 SEP23.pdf | 16 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA NEST PHASE-3 SEP-23.pdf | 16 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER NEST PHASE-3 SEP-23.pdf | 14 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT NEST PHASE 3 SEPT-23.pdf | 13 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE NEST PHASE 3.pdf | 12 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA NEST PHASE-3 JUNE-23.pdf | 2 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT NEST PHASE 3 JUNE-23.pdf | 7 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE NEST P-3 MARCH-23.pdf | 5 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER MAR-23 NEST P3.pdf | 17 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA NEST PHASE-3 MAR-23.pdf | 17 Jul 2023 |
| Details of encumbrancesFile: Mortgage Deed Parksyde Nest Phase 3 HDFC Ltd-66.pdf | 21 Jun 2023 |
| CERSAI detailsFile: CERSAI parskyde nEST pH 3 nashik.pdf | 21 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: CA CERTIFICATE NEST PHASE 3 MARCH-22.pdf | 25 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT NEST PHASE 3 MARCH-23.pdf | 18 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: QUALITY NEST PHASE-3.pdf | 11 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: STATEMENT OF ACCOUNT NEST PHASE 3.pdf | 27 Mar 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER DEC-22 NEST PHASE 3.pdf | 18 Mar 2023 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER NEST PHASE -3 DEC-22.pdf | 18 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA NEST PHASE-3 DEC-22.pdf | 18 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: NEST PHASE 3 Q1 CA.pdf | 1 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: NEST PHASE 3 CA Q2.pdf | 1 Mar 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: STATEMENT OF ACCOUNT NEST PHASE 3.pdf | 17 Feb 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: CA CERTIFICATE NEST PHASE 3 MARCH-22.pdf | 17 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Nest Phase-3 June 22.pdf | 21 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Nest Phase-3 Sept 22.pdf | 21 Jan 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: QUALITY ASSURANCE NEST PHASE 3.pdf | 14 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE NEST PHASE 3 Q3.pdf | 13 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Nest Phase 3 Sept 22.pdf | 13 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: 20220823170356.pdf | 23 Aug 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Nest Phase 3 June 22.pdf | 19 Aug 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20220719153411.pdf | 19 Aug 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Quality Nest Phase3 June 22.pdf | 19 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20220819212408.pdf | 19 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20220611155207.pdf | 11 Jun 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Nest Phase 3 Dec21.pdf | 2 Jun 2022 |
| Disclosure of sold/ booked inventoryFile: 20220409213636.pdf | 12 Apr 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Nest Phase-3 MAr 22.pdf | 9 Apr 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20220409193257.pdf | 9 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Quality Nest Phase-3 Mar22.pdf | 9 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Quality certificate Phase 3 nest.pdf | 7 Jan 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: PHASE-3 CERTIFICATE.pdf | 6 Jan 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure of inventory dec21 phase 3 nest.pdf | 6 Jan 2022 |
| Details of encumbrancesFile: 20211102155213.pdf | 2 Nov 2021 |
| Details of encumbrancesFile: Mortgage Deed details Parksyde Nest.pdf | 2 Nov 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect nest ph3 sept21.pdf | 9 Oct 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Certificate Nest Phase 3.pdf | 9 Oct 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Nest - Phase 3_compressed.pdf | 9 Oct 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: phase 3 NEST (1).pdf | 7 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: 20211007215835_compressed.pdf | 7 Oct 2021 |
| Details of encumbrancesFile: NO Encumbrance Nest.pdf | 12 Aug 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Certificate Nest Phase-3.pdf | 12 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: Inventory Phase3 Nest JUNE21.pdf | 12 Aug 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate NEst Phase3 June21.pdf | 12 Aug 2021 |
| OtherFile: 20210723195147.pdf | 23 Jul 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar Nest PHASE-3 June21.pdf | 13 Jul 2021 |
| OtherFile: Clarification Letter revised Phase 3.pdf | 23 Feb 2021 |
| OtherFile: Clarification of Changes Phase-3.pdf | 9 Feb 2021 |
| Declaration in FORM BFile: Form B Parksyde Nest Phase-3 .pdf | 23 Jun 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Archtect Certificate Phase-3.pdf | 23 Jun 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Certificate Parksyde NEst Phase 3.pdf | 23 Jun 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate Phase 3.pdf | 23 Jun 2020 |
Promoter's earlier projects6
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 |
|---|---|---|---|---|---|---|
| Parksyde Homes Phase 5AP51600004799 | Hanuman Nagar, Nashik | - | Aug 2017 | Completed | Jun 2025 | Sep 2023 |
| PARKSYDE HOMES PHASE 2B | PARKSYDE HOMES S NO 256 PART 257 PART PANCHAVATI ANNEX NASHIK | 3 | - | Completed | Apr 2020 | Nov 2018 |
| PARKSYDE HOMES PHASE -2A | S NO. 256 257 PART HANUMAN NAGAR PANCHAVATI ANNEX NASHIK 422003 | 3 | - | Completed | Apr 2020 | Apr 2019 |
| PARKSYDE HOMES PHASE 4B | PARKSYDE HOMES S NO 256 PART 257 PART HANUMAN NAGAR PANCHAVATI NASHIK-422003 | 2 | - | Completed | Oct 2019 | Jul 2019 |
| PARKSYDE HOMES PHASE 4A | PARKSYDE HOMES S NO. 256 PART 257 PART HANUMAN NAGAR PANCHAVATI ANNEX NASHIK | 4 | - | Completed | Mar 2019 | Nov 2018 |
| PARKSYDE HOMES PHASE- 1 | PARKSYDE HOMES S NO 256 257 PART HANUMAN NAGAR NASHIK 422003 | 5 | - | Completed | Jun 2018 | Oct 2017 |
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How this compares with Nashik
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Buyer report
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- Joined against the promoter's 8 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 92 filed documents as one ZIP, foldered, with a manifest
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Filed coordinates, straight-line distance. 110 registered projects within 2 km.
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Builder: JAIKUMAR CONSTRUCTIONS LTD
JAIKUMAR CONSTRUCTIONS LTD has 9 registrations on MahaRERA, including PARKSYDE NEST PHASE - 1 and PARKSYDE NEST PHASE - 2. Its filings disclose 21 earlier MahaRERA projects: declares 17 of 17 past projects completed on time. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if PARKSYDE NEST PHASE - 3 is delayed beyond 30 Jun 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 PARKSYDE NEST PHASE - 3?
The registered promoter entity is JAIKUMAR CONSTRUCTIONS 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 PARKSYDE NEST PHASE - 3?
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 PARKSYDE NEST PHASE - 3?
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 PARKSYDE NEST PHASE - 3?
The professionals named in the filing: Architect: UMESH BAGUL; Engineer: PUNIT DINESH CHANDRA RAI; Chartered Accountant: KRISHNA JAJOO; Chartered Accountant: sharp Aarth and 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 PARKSYDE NEST PHASE - 3?
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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