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Registration lapsed No litigation declared Others project

SAI SHA

By ANIL SHANKAR AHER

RG-MH-08342 · RERA P51600007241 · Last updated on MahaRERA portal: 10 May 2022

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 48 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 10 earlier projects delivered on promise

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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Oct 2022Possession promised48 months past this date
9 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 30 documents Report an error

SAI SHA is a Others project by ANIL SHANKAR AHER in Nashik, Maharashtra, registered with MahaRERA as P51600007241 on 17 Aug 2017. Possession was promised by 15 Oct 2022 and is now 48 months past that date.

At a glance

Project

  • NameSAI SHA
  • TypeOthers
  • Location
    • SAMARTH NAGAR
    • OPP PARKSIDE RESIDENCE
    • INDIRA NAGAR
    • PATHARDI ROAD
    • Nashik
    • 422009
  • Pincode422009
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600007241
  • ReraGenie IDRG-MH-08342

Builder

  • NameANIL SHANKAR AHER
  • Entity typeIndividual
  • Other registrations4 more →
  • Completed4 of 5
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects12 →

Key dates

48 months past promisethis monthRegisteredAug 2017PromisedOct 2022

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on17 Aug 2017
  • Promised completion15 Oct 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed30 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SAI SHANA60000

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 10 May 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.

9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

SAI SHA: 82% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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 amenities15

As on 10 May 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 DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsYes100%
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 requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed38

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 slots38
Closed/Covered38

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.

Land area602 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
PANDIT DEVMAN PAGARENashikNashik
MADHURI PANDIT PAGARENashikNashik

Approvals and building plan

Permissible FSI1127.06
Proposed, not sanctioned889 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 branchOPP KULKARNI GARDEN SHARANPUR ROAD NASHIK

Certifying professionals and partners2

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

RoleName
ArchitectKSHITIJ DHANDE
EngineerUJJVAL CHAUDHARI
PartnerRole in project
ANIL SHANKAR AHER-

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 10 Aug 2017
  2. Layout approvalOn the file

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

    uploaded 10 Aug 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 13 Jul 2018
  4. Commencement CertificateOn the file

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

    uploaded 13 Jul 2018Confirm 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 7 Jan 2022

Documents filed30

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
Certificates of CA (Form 3)File: Sai Sha CA Certifcate.pdf10 May 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: Sai Sha RERA Audit- 17-18.pdf10 May 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Sai sha RERA Audit- 18-19.pdf10 May 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Sai sha - RERA Audit - 19-19.pdf10 May 2022
Certificates of CA (Form 3)File: CA Cert Sai sha signed.pdf25 Apr 2022
Declaration about Commencement CertificateFile: Form D -Sai Sha 001.pdf7 Jan 2022
Disclosure of sold/ booked inventoryFile: Discolsure of Sold Booked Inventory - Sai Sha 001.pdf7 Jan 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Sai sha completion certificate.pdf7 Jan 2022
Declaration in FORM BFile: Developer Form B.pdf8 Aug 2018
Proforma of Allotment letterFile: Saisha Agreement.pdf8 Aug 2018
Proforma of Allotment letterFile: SAISHA -Allotment Letter.pdf8 Aug 2018
Building plan approvalFile: 2 Building Plan.PDF13 Jul 2018
Building Plan Approval (IOD)File: 2 Building Plan.PDF13 Jul 2018
Commencement Certificates / NA Order for plotted developmentFile: 1 Commencement.pdf13 Jul 2018
Proforma of Allotment letterFile: SAI SHA - Allotment Letter.pdf13 Jul 2018
Proforma of Allotment letterFile: 5 Agreement Draft.pdf13 Jul 2018
Layout approvalFile: Lay Out Copy.pdf10 Aug 2017
Building plan approvalFile: 01.pdf10 Aug 2017
PAN CardFile: PAN Card.pdf10 Aug 2017
Copy of the legal title reportFile: Tital Report.pdf10 Aug 2017
Details of encumbrancesFile: Encumbrance certificate.pdf10 Aug 2017
Copy of Layout Approval (in case of layout)File: Lay Out Copy.pdf10 Aug 2017
Building Plan Approval (IOD)File: 01.pdf10 Aug 2017
Commencement Certificates / NA Order for plotted developmentFile: Commencement certificate.pdf10 Aug 2017
Declaration in FORM BFile: declairation Form B.pdf10 Aug 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: arch certificate.pdf10 Aug 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engg certificate.pdf10 Aug 2017
Certificates of CA (Form 3)File: CA certificate.pdf10 Aug 2017
Proforma of Allotment letterFile: allotment letter.pdf10 Aug 2017
Proforma of Allotment letterFile: Declairation of draft agreement.pdf10 Aug 2017

Promoter's earlier projects10

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.

10 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
SAI YASHP51600021903HANUMANWADI, Nashik-Aug 2019CompletedDec 2022Oct 2020
SAI MEGHDOOTP51600013390HANUMANWADI, Nashik-Oct 2017CompletedOct 2022Mar 2019
NA0--CompletedAug 2019Aug 2019
Sai EmbassyGangapur Naka Makhamalabad Road Link Road Bhavbandhan Karyalay Hanumanwadi Panchavati Nashik24-CompletedJan 2018Jul 2017
SAI GREEN MINDBeside Dream City Near Poddar International School Dwarka Nashik Pune Highway Nashik20-CompletedJan 2018Jul 2017
SAI KALASHEH NAGAR BAJARANG SOCY INDIRA NAGAR NASHIK11-CompletedFeb 2014Feb 2014
SAI DATTAHANUMANWADI PANCHAVATI NASHIK17-CompletedJan 2013Jan 2013
SAI SRUSHTISAI SHIV NAGAR NEAR RASBIHARI SCHOOL MERI LINK ROAD NASHIK24-CompletedApr 2012Apr 2012
SAI SHILPPROFESSOR COLONY NEAR RACCAS LAWNS MAKHAMALABAD ROAD PANCHAVATI NASHIK20-CompletedApr 2012Apr 2012
SAI KRISHNANEAR IRRIGATION COLONY OPP UMANG HOTEL MAKHAMALABAD ROAD NASHIK9-CompletedMar 2012Mar 2012

How this compares with Nashik

10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is among them

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 OPP PARKSIDE RESIDENCE, INDIRA NAGAR, PATHARDI ROAD4,100+ in Nashik

Builder: ANIL SHANKAR AHER

ANIL SHANKAR AHER has 5 registrations on MahaRERA, including SAI MEGHDOOT and SAI SHA. Its filings disclose 12 earlier MahaRERA projects: declares 12 of 12 past projects completed on time. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What does it mean that SAI SHA shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if SAI SHA is delayed beyond 15 Oct 2022?

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 SAI SHA?

The registered promoter entity is ANIL SHANKAR AHER, 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 SAI SHA?

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 SAI SHA?

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 SAI SHA?

The professionals named in the filing: Architect: KSHITIJ DHANDE; Engineer: UJJVAL CHAUDHARI. 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 SAI SHA?

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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