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Completed No litigation declared Residential / Group Housing project

RAVECHI HEIGHT

By BHAVESHWAR CORPORATION

RG-MH-02791 · RERA P52000019801 · Last updated on MahaRERA portal: 20 Aug 2022

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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves.

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Feb 2024Possession promisedregistration recorded completed
11 of 11Construction stages doneevery applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 18 documents Report an error

RAVECHI HEIGHT is a Residential / Group Housing project by BHAVESHWAR CORPORATION in Raigarh, Maharashtra, registered with MahaRERA as P52000019801 on 5 Mar 2019. The registration is recorded completed; possession was promised by 25 Feb 2024.

At a glance

Project

  • NameRAVECHI HEIGHT
  • TypeResidential / Group Housing
  • Location
    • PLOT NO 69A
    • SECTOR 22
    • Kamothe
    • Panvel
    • Raigarh
    • 410209
  • Pincode410209
  • RERA no.P52000019801
  • ReraGenie IDRG-MH-02791

Builder

  • NameBHAVESHWAR CORPORATION
  • Entity typePartnership
  • PartnersRAMESH NATHA PATEL, MAHESH NANJI FUSHI, VINOD BHACHU BAMBHANIYA, NARENDRA TULSI MANANI, NILESH HARAJI BHATESRA, BHIKHU POLA GADHIA, HASMUKH MANJI CHAMBARIA

Key dates

this monthRegisteredMar 2019PromisedFeb 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on5 Mar 2019
  • Promised completion25 Feb 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed18 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
RAVECHI HEIGHTNA160000

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 20 Aug 2022, 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.

RAVECHI HEIGHT: 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 amenities16

As on 20 Aug 2022, 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 & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%
FITNESS CENTRE AND SOCIETY OFFICEYes100%

Parking filed19

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 slots19
Closed/Covered9
Open Space10

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 area1,049 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI1555.12
Proposed, not sanctioned1,555 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 branch228/4 228/6 KARNALA ROYAL PANVEL 410206 MAHARASHTRA INDIA

Certifying professionals and partners2

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

RoleName
ArchitectATUL PATEL ARCHITECTS
Chartered AccountantVINOD V DONGA
PartnerRole in project
BHAVESHWAR CORPORATION-

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 26 Feb 2019
  2. Layout approvalOn the file

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

    uploaded 26 Feb 2019
  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 26 Feb 2019
  4. Commencement CertificateOn the file

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

    uploaded 26 Feb 2019Confirm 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 21 Sep 2021

Documents filed18

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
Status of Formation of Legal Entity (Society/Co Op etc.)File: society certificate.pdf20 Aug 2022
Status of ConveyanceFile: Conveyance Deed Index 2.pdf20 Aug 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Bhaveshwar Corporation Audit M20.pdf6 Apr 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Bhaveshwar Corporation Audit M21.pdf6 Apr 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC.pdf21 Sep 2021
Architect’s Certificate on Completion of Project (Form 4)File: FORM4.pdf21 Sep 2021
Annual Audit Report of Statutory CA (Form 5)File: BHAVESHWAR CORPORATION.pdf28 Sep 2019
Building plan approvalFile: IOD Letter.pdf26 Feb 2019
Layout approvalFile: FLOOR PLANS (1).pdf26 Feb 2019
PAN CardFile: pan card.pdf26 Feb 2019
Copy of the legal title reportFile: Title_compressed.pdf26 Feb 2019
Details of encumbrancesFile: Encumbrances.pdf26 Feb 2019
Copy of Layout Approval (in case of layout)File: FLOOR PLANS (1).pdf26 Feb 2019
Building Plan Approval (IOD)File: IOD Letter.pdf26 Feb 2019
Commencement Certificates / NA Order for plotted developmentFile: CC_compressed.pdf26 Feb 2019
Declaration in FORM BFile: form b FINL_compressed.pdf26 Feb 2019
Certificates of CA (Form 3)File: ca CERTIFICATE.pdf26 Feb 2019
Proforma of Allotment letterFile: agreement.pdf26 Feb 2019

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one has not
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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Builder: BHAVESHWAR CORPORATION

BHAVESHWAR CORPORATION has 1 registration on MahaRERA, including RAVECHI HEIGHT. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if RAVECHI HEIGHT is delayed beyond 25 Feb 2024?

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 RAVECHI HEIGHT?

The registered promoter entity is BHAVESHWAR CORPORATION, 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 RAVECHI HEIGHT?

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 RAVECHI HEIGHT?

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 RAVECHI HEIGHT?

The professionals named in the filing: Architect: ATUL PATEL ARCHITECTS; Chartered Accountant: VINOD V DONGA. 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 RAVECHI HEIGHT?

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.

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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