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PLATINUM RESIDENCY
RG-MH-25071 · RERA P52800002488 · Last updated on MahaRERA portal: 30 Apr 2025
Source: official MahaRERA filing
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Red flags
- Completion date moved by 29 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
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.
See what the report covers Free either way: or have every new Ratnagiri 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.
PLATINUM RESIDENCY is a Residential / Group Housing project by Platinum Construction in Ratnagiri, Maharashtra, registered with MahaRERA as P52800002488 on 1 Aug 2017. Possession is promised by 31 Dec 2026. The completion date has moved by 29 months from the original filing.
At a glance
Project
- NamePLATINUM RESIDENCY
- TypeResidential / Group Housing
- Location
- chiplun
- Chiplun (M Cl)
- Ratnagiri
- 415605
- Pincode415605
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52800002488
- ReraGenie IDRG-MH-25071
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on1 Aug 2017
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 31 Jul 2024)
- Buildings2 building records
- Documents filed55 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| WING C | NA | 6 | 0 | 0 | 0 | 0 |
| WING D | NA | 8 | 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 building2
As on 30 Apr 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.
13 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Slabs of Super Structure, at 2%.
WING C91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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% |
WING D27%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 2% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 30 Apr 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| 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 | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed49
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 |
|---|---|---|---|
| WING C | 1 | 0 | 1 |
| WING D | 33 | 15 | 48 |
Land and ownership1
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| SAHIL SACHIN KADAM | Chiplun (M Cl) | Ratnagiri |
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | SANDEEP SHETYE |
| Chartered Accountant | PRASAD RAJAPURE |
| Partner | Role in project |
|---|---|
| Platinum Construction | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe real estate market underwent a significant downturn during the initial phase of the project. Also, unforeseen COVID-19 pandemic caused severe disruptions to the construction industry and labor availability. Lockdowns, social distancing norms, and the temporary closure of construction sites affected the timely progress of the project. 2021 Floods had severe impact on the real estate sector.
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 27 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 6 Nov 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 27 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Aug 2024Confirm 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 24 Apr 2025
Documents filed55
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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: PLATINUM CONSTRUCTION FORM 5 SIGNED-1-2.pdf | 30 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: PLATINUM CONSTRUCTION FORM 5 SIGNED_compressed.pdf | 30 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: PLATINUM CONSTRUCTION FORM 5 SIGNED_compressed.pdf | 30 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: PLATINUM CONSTRUCTION FORM 5 SIGNED_compressed.pdf | 30 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: PLATINUM CONSTRUCTION FORM 5 SIGNED_compressed.pdf | 30 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: PLATINUM CONSTRUCTION FORM 5 SIGNED_compressed.pdf | 30 Apr 2025 |
| Declaration in FORM BFile: FORM B.pdf | 24 Apr 2025 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: SOCIETY C WING.pdf | 24 Apr 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: PART OCCUPANCY CERTIFICATE.pdf | 24 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf | 24 Apr 2025 |
| Other - LegalFile: PLATINUM1.pdf | 27 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold-Booked Inventory Word (2).pdf | 27 Mar 2025 |
| Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMNT CERTIFICATE (1).pdf | 18 Feb 2025 |
| CERSAI detailsFile: CERSAI_Search_Report_200340636749_For_Asset_Based_Search_18_02_2025_13_05_04_725.pdf | 18 Feb 2025 |
| Other - TechnicalFile: SHKIL MUKADM.pdf | 18 Feb 2025 |
| Details of encumbrances concerned to FinanceFile: NON ENCUMBRANCES.pdf | 13 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT 2021.pdf | 13 Feb 2025 |
| Details of encumbrances concerned to LegalFile: NON ENCUMBRANCES.pdf | 13 Feb 2025 |
| Certificates of CA (Form 3)File: ilovepdf_merged (1)_compressed.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: ilovepdf_merged (2)_compressed.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: ilovepdf_merged (3)_compressed.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: ilovepdf_merged (4)_compressed.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: ilovepdf_merged (5)_compressed.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: ilovepdf_merged (5)_compressed.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: Form 5 FY 2018-19.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 FY 2018-19.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 FY 2019-20.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 FY 2020-21.pdf | 12 Feb 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: annex a change in bank account.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 FY 2021-22.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 FY 2022-23.pdf | 12 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 FY 2023-24.pdf | 12 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A - Quality Assurance Certificate New_compressed.pdf | 14 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A - Quality Assurance Certificate New_compressed.pdf | 14 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A - Quality Assurance Certificate New_compressed.pdf | 14 Jan 2025 |
| Layout approvalFile: SANTIONED PLAN_compressed.pdf | 6 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: SANTIONED PLAN_compressed.pdf | 6 Nov 2024 |
| Deviation Report with respect to Allotment letterFile: DEVIATION CERTIFICATE.pdf | 6 Nov 2024 |
| Deviation Report with respect to model copy of AgreementFile: DEVIATION CERTIFICATE.pdf | 6 Nov 2024 |
| Proforma of Agreement for saleFile: AGREEMENT TO SALE.pdf | 6 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEX A.pdf | 6 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: img04804 (1).pdf | 7 Aug 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: ENGINEER 2021.pdf | 7 Aug 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: ENGINEER 2021.pdf | 7 Aug 2024 |
| Declaration in FORM BFile: PLATINUM.pdf | 31 Jul 2017 |
| Building plan approvalFile: Download File.pdf | 27 Jul 2017 |
| Layout approvalFile: Download File.pdf | 27 Jul 2017 |
| PAN CardFile: pan card.pdf | 27 Jul 2017 |
| Copy of the legal title reportFile: SEARCH REPORT.pdf | 27 Jul 2017 |
| Details of encumbrancesFile: ENCUMBRANCES.pdf | 27 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Download File.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: Download File.pdf | 27 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: STRUCTURE CERTIFICATE.pdf | 27 Jul 2017 |
| Certificates of CA (Form 3)File: C A CERT.pdf | 27 Jul 2017 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 27 Jul 2017 |
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| PLATINUM RESIDENCY | SURVEY NO 62 MARKANDI CHIPLUN | 68 | Ongoing | May 2017 | Not delivered |
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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.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 55 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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Builder: Platinum Construction
Platinum Construction has 2 registrations on MahaRERA, including PLATINUM RESIDENCY and PRIDE PLATINUM. Its filings disclose 1 earlier MahaRERA project, none completed yet. Read the full track record. See more projects on the Ratnagiri district page.
Frequently asked questions
What are my rights if PLATINUM RESIDENCY is delayed beyond 31 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 PLATINUM RESIDENCY?
The registered promoter entity is Platinum Construction, a partnership as per the filing. Its GSTIN 27AAQFP4686F1ZA can be cross-checked on the MCA and GST portals. 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 RESIDENCY?
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 PLATINUM RESIDENCY?
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 RESIDENCY?
The professionals named in the filing: Engineer: SANDEEP SHETYE; Chartered Accountant: PRASAD RAJAPURE. 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 RESIDENCY?
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.
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