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Registered No litigation declared Commercial project

Royal Avaan Avenue

By M/S Royal Avaan Ventures

RG-MH-73591 · RERA P51600022351 · Last updated on MahaRERA portal: 30 May 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 19 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • 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.

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Mar 2027Possession promisedmoved 19 months from the original
6 of 11Construction stages donefurthest along: Internal walls, 90%
56 of 78Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 128 documents Report an error

Royal Avaan Avenue is a Commercial project by M/S Royal Avaan Ventures in Nashik, Maharashtra, registered with MahaRERA as P51600022351 on 16 Sep 2019. Possession is promised by 31 Mar 2027. The completion date has moved by 19 months from the original filing. 22 of the 78 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete.

At a glance

Project

  • NameRoyal Avaan Avenue
  • TypeCommercial
  • Location
    • Gangapur road
    • Savarkar nagar
    • Nashik
    • 422013
  • Pincode422013
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600022351
  • ReraGenie IDRG-MH-73591

Builder

  • NameM/S Royal Avaan Ventures
  • Entity typeOthers
  • Named personsRoyal Vastuparv, Royal Vastunirman, Meena Kohok

Key dates

this monthRegisteredSep 2019First promiseAug 2025Revised toMar 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on16 Sep 2019
  • Promised completion31 Mar 2027
  • Revised completionRevised to 31 Mar 2027 (originally 10 Aug 2025)
  • Buildings1 building record
  • Documents filed128 files

Current status

28%22 of 78 units booked
58.5%Work done, per cost certificate

Figures as on 30 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Avaan AvenueNA161607878

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 30 May 2026, 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.

6 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 90%.

Avaan Avenue: 94% 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/Premises90%
Sanitary Fittings within the flats / premises80%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks90%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.90%
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.85%

Progress on shared amenities15

As on 30 May 2026, 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 SupplyYes97%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes97%
Storm Water DrainsYes95%
Landscaping & Tree PlantingNoNot applicable
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 harvestingYes97%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes97%
Electrical meter room, sub-station, receiving stationYes97%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes95%

Parking filed4

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 slots4
Closed/Covered1
Open Space3

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 area1,574 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Sanctioning authorityNashik Municipal Corporation
Permissible FSI5322.61
Proposed, not sanctioned4,943 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 branchShop no 3 ground floor indira heights apartment old gangapur naka gangapur road nashik
Estimated costRs 25.62 cr
Cost incurredRs 15.00 cr
Work done58.55%
BuildingWingEstimatedIncurred
Avaan AvenueNARs 25.62 crRs 15.00 cr

Certifying professionals and partners6

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

RoleName
ArchitectDhiraj Walunj
EngineerMilind Rathi
EngineerPrashant Labade
Chartered AccountantSameer Jadhav
Chartered AccountantJain Chhajed & Associates
Chartered AccountantSanket Pramod Bhandari
PartnerRole in project
M/S Royal Avaan Ventures-

Extensions applied for1

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

EA11032620177Aug 2025 → Mar 2027

Reason as filed by the promoterDue to Covid-19 pandemic and lockdown restrictions during the year 2020 & 2021, the project booking and constructions has been severely impacted. After the pandemic situation, we are able to stabilize the construction activities for completing the project, but the construction work is still in progress. Also, there is revision in approved building plan, whereby additional floor constructions from 8th to 11th floor was approved in the revised plan. Accordingly, we will require additional time to complete the project.

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 30 Aug 2019
  2. Layout approvalOn the file

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

    uploaded 30 Aug 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 30 Aug 2019
  4. Commencement CertificateOn the file

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

    uploaded 30 Aug 2019Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 31 Mar 2027

Documents filed128

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 128 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.

DocumentUploaded
Withdrawal Update Form 1File: Form 1.pdf30 May 2026
Withdrawal Update Form 2File: Form 2.pdf30 May 2026
Withdrawal Update Form 3File: Form 3 - Royal AA - Mar 2026.pdf30 May 2026
Form 5 (FY 2023-2024)File: Form 5 - Royal Avaan Avenue - FY 2023-2024.pdf28 Mar 2026
Form 1File: Form 1 - Architect Certificate Dec 25.pdf24 Mar 2026
Form 2File: Form 2 - Engineer Certificate Dec 25.pdf24 Mar 2026
Form 3File: Form 3 - Royal AA - Dec 2025_compressed.pdf24 Mar 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory - Dec 2025.pdf24 Mar 2026
Form 2A (FY 2023-2024)File: Form 2A - Quality Assurance Certificate.pdf11 Mar 2026
Withdrawal Update Form 1File: Form 1 - Architect Certificate Sep 25.pdf9 Mar 2026
Withdrawal Update Form 1File: Form 1 - Architect Certificate Sep 25.pdf9 Mar 2026
Withdrawal Update Form 1File: Form 1 - Architect Certificate Sep 25.pdf9 Mar 2026
Withdrawal Update Form 2File: Form 2 - Engineer Certificate Sep 25.pdf9 Mar 2026
Withdrawal Update Form 2File: Form 2 - Engineer Certificate Sep 25.pdf9 Mar 2026
Withdrawal Update Form 2File: Form 2 - Engineer Certificate Sep 25.pdf9 Mar 2026
Withdrawal Update Form 3File: Form 3 - Royal AA - Sep 2025.pdf9 Mar 2026
Withdrawal Update Form 3File: Form 3 - Royal AA - Sep 2025.pdf9 Mar 2026
Withdrawal Update Form 3File: Form 3 - Royal AA - Sep 2025.pdf9 Mar 2026
Form 2A (FY 2024-2025)File: Form 2A - Quality Assurance Certificate.pdf9 Mar 2026
Form 5 (FY 2024-2025)File: Form 5 - Royal Avaan Avenue - FY 2024-25.pdf7 Mar 2026
Withdrawal Update Form 1File: Form 1 - Architect Certificate Jun 25.pdf26 Feb 2026
Withdrawal Update Form 2File: Form 2 - Engineer Certificate Jun 25.pdf26 Feb 2026
Withdrawal Update Form 3File: Form 3 - Royal AA.pdf26 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026
Form 2File: Form 2 - Engineer Certificate.pdf25 Feb 2026
Form 3File: Form 3 - Royal AA.pdf25 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold - Booked Inventory.pdf25 Feb 2026
Form 1File: Form 1 - Architect Certificate.pdf25 Feb 2026

How this compares with Nashik

28%of this project is bookeddistrict median 17%
10%of Nashik projects moved their completion datethis one moved by 19 months
19%of Nashik registrations have lapsed or been cancelledthis one is on the register

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik 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 Savarkar nagar4,100+ in Nashik

2 kmRoyal Avaan AvenueCompleted 59Lapsed / revoked 23Other 65Dot size: filed unitsN

Filed coordinates, straight-line distance. 147 registered projects within 2 km.

Builder: M/S Royal Avaan Ventures

M/S Royal Avaan Ventures has 1 registration on MahaRERA, including Royal Avaan Avenue. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if Royal Avaan Avenue is delayed beyond 31 Mar 2027?

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 Royal Avaan Avenue?

The registered promoter entity is M/S Royal Avaan Ventures, an others 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 Royal Avaan Avenue?

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 Royal Avaan Avenue?

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 Royal Avaan Avenue?

The professionals named in the filing: Architect: Dhiraj Walunj; Engineer: Milind Rathi; Engineer: Prashant Labade; Chartered Accountant: Sameer Jadhav; Chartered Accountant: Jain Chhajed & Associates; Chartered Accountant: Sanket Pramod Bhandari. 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 Royal Avaan Avenue?

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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