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Completed No litigation declared Others project

PLATINUM HERITAGE

By DARSHAN SAGAR DEVELOPERS

RG-MH-12485 · RERA P51700005172 · Last updated on MahaRERA portal: 11 Jul 2020

Source: official MahaRERA filing

Red flags

  • 11 complaints at MahaRERA
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No litigation declared
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

3 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 2019Possession promisedregistration recorded completed
14 of 22Construction stages doneacross 2 buildings; furthest along: Sanitary Fittings within the flats /..., 90%
11Complaints at MahaRERAon this registration
Jump to the 17 documents Report an error

PLATINUM HERITAGE is a Others project by DARSHAN SAGAR DEVELOPERS in Thane, Maharashtra, registered with MahaRERA as P51700005172 on 10 Aug 2017. The registration is recorded completed; possession was promised by 31 May 2019. The completion date has moved by 12 months from the original filing. 11 complaints are on record with the regulator.

At a glance

Project

  • NamePLATINUM HERITAGE
  • TypeOthers
  • Location
    • hiranandani estate
    • patlipada
    • Thane (M Corp.)
    • Thane
    • 400607
  • Pincode400607
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700005172
  • ReraGenie IDRG-MH-12485

Builder

  • NameDARSHAN SAGAR DEVELOPERS
  • Entity typePartnership
  • PartnersEXOTIC REAL ESTATE DEVELOPERS PVT LTD, EXOTIC PROPCON PVT LTD

Key dates

this monthRegisteredAug 2017First promiseMay 2018Revised toMay 2019Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on10 Aug 2017
  • Promised completion31 May 2019
  • Revised completionRevised to 31 May 2019 (originally 31 May 2018)
  • Buildings2 building records
  • Documents filed17 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ROCK CASTLENA160000
EDEN CASTLENA160000

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 building2

As on 11 Jul 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.

14 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Sanitary Fittings within the flats / premises, at 90%.

ROCK CASTLE89%
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 / premises90%
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.90%
EDEN CASTLE67%
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/Premises60%
Sanitary Fittings within the flats / premises0%
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.70%
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.10%

Progress on shared amenities15

As on 11 Jul 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 facilityProposedProgress
Internal Roads & FootpathsYes60%
Water SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes90%
Storm Water DrainsYes90%
Landscaping & Tree PlantingYes0%
Street LightingYes50%
Community BuildingsYes10%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes80%
Energy managemcntYes50%
Fire protection and fire safety requirementsYes50%
Electrical meter room, sub-station, receiving stationYes60%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes50%

Parking filed235

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 slots235
Closed/Covered88
Open Space147
BuildingClosed/CoveredOpen SpaceTotal
ROCK CASTLE2899127
EDEN CASTLE6048108

Land and ownership

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

Land area8,768 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI17106.24
Proposed, not sanctioned12,223 sq m
Buildings approved2
Buildings sanctioned2

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 branchE4 RUTU TOWER GHODBUNDER ROAD

Certifying professionals and partners2

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

RoleName
ArchitectTEN FOLDS ARCHITECTS & CONSULTANTS
EngineerHANSAL PARIKH & ASSOCIATES
PartnerRole in project
DARSHAN SAGAR DEVELOPERS-

Extensions applied for1

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

EXT51700000390May 2018 → May 2019

Reason as filed by the promoterOccupancy certificate is granted for building no. 1 and construction of building no. 2 is completed. Certain portion of project land declared as excess land as per provisions of Urban Land Ceiling Act. Scheme under section 20 has been passed by competent authority. The Government of Maharashtra has decided to formulate policy regarding such excess land therefore concerned authorities have postponed further decisions to grant of NOC till finalization of such policy. The Occupancy Certificate for balance portion viz. Building No. 2 is likely to be delayed due to government policy.

Complaints filed with MahaRERA11

Case no.ComplainantRespondentFiled
CC006000000023952Nitendra singh kushwah / Ankur kushwahSuhail noorani19/06/2018
CC006000000079030Darshan Sagar DevelopersMs. Chandra Venakateswaran adn 80 others25/04/2019
CC006000000090095DILIP SADASHIV SHINDESanjeev Malik14/08/2019
CC006000000090119Deepesh KapoorDarshan Sagar Developers16/07/2019
CC006000000171469EDENCATLEOWNERSASSOCIATIONM/S DARSHAN SAGA DEVELOPERS14/11/2019
CC006000000196615EDEN CASTLE OWNERS ASSOCIATIONDARSHAN SAGAR DEVELOPERS24/06/2021
CC006000000333977Darshan Sagar DevelopersMr.Vikas Dabhade20/01/2023
CC006000000333978Darshan Sagar DevelopersMr.Vikas Dabhade20/01/2023
CC006000000333979Darshan Sagar DevelopersMr.Vikas Dabhade20/01/2023
CC006000000333980Darshan Sagar DevelopersMr.Vikas Dabhade20/01/2023
CC006000000333982Darshan Sagar DevelopersMr.Vikas Dabhade20/01/2023

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 29 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 28 Jul 2017
  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 28 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 28 Jul 2017Confirm 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 filed17

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
OtherFile: Darshan Sagar.pdf11 Jul 2020
Certificates of Architect (Form 4)File: Construction completion certificate of Platinum Heritage - 1 -Form-4.pdf31 May 2019
Status of Formation of Legal Entity (Society/Co Op etc.)File: RC society Regn 31-May-2019 14-41-54.pdf31 May 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PH engineer's certificate.pdf30 Jul 2017
Certificates of CA (Form 3)File: PH C A certificate.pdf30 Jul 2017
Proforma of Allotment letterFile: Allotment letter.pdf30 Jul 2017
Proforma of Allotment letterFile: Self Declaration.pdf30 Jul 2017
Copy of the legal title reportFile: Darshan sagar title certificate.pdf29 Jul 2017
Layout approvalFile: 3_Platinum Heritage - Layout Plan - Approved.pdf28 Jul 2017
Building plan approvalFile: 1_Platinum Heritage - IOD.pdf28 Jul 2017
PAN CardFile: Darshansagar Devlopers ( pancard ).pdf28 Jul 2017
Details of encumbrancesFile: Darshan Sagar - Encrumbances certificate.pdf28 Jul 2017
Copy of Layout Approval (in case of layout)File: 3_Platinum Heritage - Layout Plan - Approved.pdf28 Jul 2017
Building Plan Approval (IOD)File: 1_Platinum Heritage - IOD.pdf28 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: 2_Platinum Heritage - CC.pdf28 Jul 2017
Declaration in FORM BFile: Darshan sagar devlopers ( From - B ).pdf28 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Platinum heritage architect certificate.pdf28 Jul 2017

How this compares with Thane

24%of Thane projects moved their completion datethis one moved by 12 months
23%of Thane registrations have lapsed or been cancelledthis one is completed

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane 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 patlipada7,600+ in Thane

2 kmPLATINUM HERITAGECompleted 70Lapsed / revoked 14Other 39Dot size: filed unitsN

Filed coordinates, straight-line distance. 123 registered projects within 2 km.

Builder: DARSHAN SAGAR DEVELOPERS

DARSHAN SAGAR DEVELOPERS has 1 registration on MahaRERA, including PLATINUM HERITAGE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if PLATINUM HERITAGE is delayed beyond 31 May 2019?

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 PLATINUM HERITAGE?

The registered promoter entity is DARSHAN SAGAR DEVELOPERS, 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 PLATINUM HERITAGE?

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 do I read the complaint cases filed against PLATINUM HERITAGE?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for PLATINUM HERITAGE?

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 PLATINUM HERITAGE?

The professionals named in the filing: Architect: TEN FOLDS ARCHITECTS & CONSULTANTS; Engineer: HANSAL PARIKH & ASSOCIATES. 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 PLATINUM HERITAGE?

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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