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PAYASDAAN
RG-MH-21831 · RERA P52800024118 · Last updated on MahaRERA portal: 16 Jan 2020
Source: official MahaRERA filing
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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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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PAYASDAAN is a Plotted project by SANDEEP NARENDRAKUMAR SHAH in Ratnagiri, Maharashtra, registered with MahaRERA as P52800024118 on 21 Jan 2020. Possession is promised by 30 Dec 2026. 88 of the 91 units on this registration are recorded sold or booked.
At a glance
Project
- NamePAYASDAAN
- TypePlotted
- Location
- Gomrai Marg
- KOLTHARE
- Dapoli
- Ratnagiri
- 415712
- Pincode415712
- RERA no.P52800024118
- ReraGenie IDRG-MH-21831
Builder
- NameSANDEEP NARENDRAKUMAR SHAH
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on21 Jan 2020
- Promised completion30 Dec 2026
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed13 files
Current status
Figures as on 16 Jan 2020, this project's latest MahaRERA filing.
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 16 Jan 2020, 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.
NA Plot Without Structure:
| Activity | Progress |
|---|---|
| Excavation | Not applicable |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | Not applicable |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | Not applicable |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | Not applicable |
| Sanitary Fittings within the flats / premises | Not applicable |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | Not applicable |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | Not applicable |
| 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. | Not applicable |
Progress on shared amenities15
As on 16 Jan 2020, 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 | 100% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| 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 | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
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 |
|---|---|---|
| SANDEEP N SHAH | Pune (M Corp.) | Pune |
| SUREKHA N SHAH | Pune (M Corp.) | Pune |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | RAKHANGE SARFARAZ A L |
| Engineer | RAKHANGE SARFARAZ A L |
| Chartered Accountant | P M JOSHI |
| Partner | Role in project |
|---|---|
| SANDEEP NARENDRAKUMAR SHAH | - |
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 16 Jan 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 16 Jan 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 16 Jan 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Jan 2020Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 30 Dec 2026
Documents filed13
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 |
|---|---|
| Layout approvalFile: Plan.pdf | 16 Jan 2020 |
| Building plan approval or NA orderFile: NA 2017.pdf | 16 Jan 2020 |
| PAN CardFile: Surekha Shah PAN.PDF | 16 Jan 2020 |
| Copy of the legal title reportFile: Title report 1.pdf | 16 Jan 2020 |
| Details of encumbrancesFile: Title report 1.pdf | 16 Jan 2020 |
| Copy of Layout Approval (in case of layout)File: Plan.pdf | 16 Jan 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: NA 2017.pdf | 16 Jan 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: NA.pdf | 16 Jan 2020 |
| Declaration in FORM BFile: AFFIDAVTT CUM DECLARATION new.pdf | 16 Jan 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 16 Jan 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer certificate.pdf | 16 Jan 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate.pdf | 16 Jan 2020 |
| Proforma of Allotment letterFile: Draft Agreement for RERA Registration.pdf | 16 Jan 2020 |
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How this compares with Ratnagiri
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Buyer report
Built from this project's filings on the day you order, in plain language.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- All 13 filed documents as one ZIP, foldered, with a manifest
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Builder: SANDEEP NARENDRAKUMAR SHAH
SANDEEP NARENDRAKUMAR SHAH has 1 registration on MahaRERA, including PAYASDAAN. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Ratnagiri district page.
Frequently asked questions
What are my rights if PAYASDAAN is delayed beyond 30 Dec 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 PAYASDAAN?
The registered promoter entity is SANDEEP NARENDRAKUMAR SHAH, an individual 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 PAYASDAAN?
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 PAYASDAAN?
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 PAYASDAAN?
The professionals named in the filing: Architect: RAKHANGE SARFARAZ A L; Engineer: RAKHANGE SARFARAZ A L; Chartered Accountant: P M JOSHI. 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 PAYASDAAN?
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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