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SAI SIDDHI RESIDENCY
By ZARE BUILDERS AND DEVELOPERS
RG-MH-45500 · RERA P53100050108 · Last updated on MahaRERA portal: 22 Jan 2025
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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SAI SIDDHI RESIDENCY is a Residential / Group Housing project by ZARE BUILDERS AND DEVELOPERS in Sangli, Maharashtra, registered with MahaRERA as P53100050108 on 15 Mar 2023. The registration is recorded completed; possession was promised by 31 Mar 2025.
At a glance
Project
- NameSAI SIDDHI RESIDENCY
- TypeResidential / Group Housing
- Location
- MALGAON ROAD
- MIRAJ
- Sangli Miraj Kupwad (M Corp.)
- Sangli
- 416410
- Pincode416410
- RERA no.P53100050108
- ReraGenie IDRG-MH-45500
Builder
- NameZARE BUILDERS AND DEVELOPERS
- Entity typePartnership
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on15 Mar 2023
- Promised completion31 Mar 2025
- Revised completionNone
- Buildings1 building record
- Documents filed59 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SAI SIDDHI RESIDENCY | NA | 6 | 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 building1
As on 22 Jan 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
SAI SIDDHI RESIDENCY: 91% average across the applicable activities
| 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% |
Progress on shared amenities15
As on 22 Jan 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 | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| 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 | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership3
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.
| Landowner | Village | District |
|---|---|---|
| PAVAN ASHOK ZARE | Sangli Miraj Kupwad (M Corp.) | Sangli |
| SEEMA VINOD KUMBHOJE | Sangli Miraj Kupwad (M Corp.) | Sangli |
| GANESH MAHALING KUMBHOJE | Khadakwasala | Pune |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | RAKESH R BASARGE |
| Engineer | SUNIL RAGHUNATH ZARE |
| Chartered Accountant | SHRIKANT M BAPAT |
| Partner | Role in project |
|---|---|
| ZARE BUILDERS AND DEVELOPERS | - |
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 23 Feb 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 23 Feb 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 23 Feb 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 23 Feb 2023Confirm 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 22 Jan 2025
Documents filed59
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: form 4.pdf | 22 Jan 2025 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: DECLARATION DEED.pdf | 22 Jan 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLITION CERTIFICATE.pdf | 22 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 19 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE.pdf | 19 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 19 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD.pdf | 19 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: from 5.pdf | 11 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 16 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 16 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A.pdf | 16 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD.pdf | 16 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE.pdf | 16 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM - 1.pdf | 23 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM -2.pdf | 23 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD.pdf | 23 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM - 3.pdf | 23 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 14 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 14 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: from 2a.pdf | 14 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD.pdf | 14 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE.pdf | 14 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5.pdf | 14 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE - 30092023.pdf | 2 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect certificate.pdf | 2 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FROM 2.pdf | 2 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD.pdf | 2 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: c a certificate.pdf | 2 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE -30062023.pdf | 19 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ARCHITECT CERTIFICATE - 30092023.pdf | 19 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEERS CERTIFICATE.pdf | 19 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEERS CERTIFICATE - 30092023.pdf | 19 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD.pdf | 19 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD 2021.pdf | 19 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE.pdf | 19 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE 15122023.pdf | 19 Dec 2023 |
| Declaration in FORM BFile: FORM B.pdf | 25 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 25 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENG CERTI NEW.pdf | 25 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FROM 3 NEW.pdf | 25 Feb 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: PAVAN11.pdf | 25 Feb 2023 |
| Proforma of Agreement for saleFile: AGRI NEW.pdf | 25 Feb 2023 |
| Building plan approvalFile: DRAWING.pdf | 23 Feb 2023 |
| Layout approvalFile: NAKASHA.pdf | 23 Feb 2023 |
| PAN CardFile: FIRM PAN CARD1.pdf | 23 Feb 2023 |
| Copy of the legal title reportFile: SEARCH REPORT.pdf | 23 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: ENC- FIN.pdf | 23 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: ENC- LEGAL.pdf | 23 Feb 2023 |
| Details of encumbrances concerned to LegalFile: ENC- FIN.pdf | 23 Feb 2023 |
| Details of encumbrances concerned to LegalFile: ENC- LEGAL.pdf | 23 Feb 2023 |
| Copy of Layout Approval (in case of layout)File: NAKASHA.pdf | 23 Feb 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: DRAWING.pdf | 23 Feb 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: BUILDING PERMISSION CERTIFICATE.pdf | 23 Feb 2023 |
| Declaration about Commencement CertificateFile: DCC.pdf | 23 Feb 2023 |
| CERSAI detailsFile: CERSAI.pdf | 23 Feb 2023 |
| Proforma of Allotment letterFile: ALT LETTER.pdf | 23 Feb 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: SEP BANK AC.pdf | 23 Feb 2023 |
| Deviation Report with respect to Allotment letterFile: NO DEV ALT LETTER.pdf | 23 Feb 2023 |
| Deviation Report with respect to model copy of AgreementFile: NO DEV AGRI.pdf | 23 Feb 2023 |
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Builder: ZARE BUILDERS AND DEVELOPERS
ZARE BUILDERS AND DEVELOPERS has 1 registration on MahaRERA, including SAI SIDDHI RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Sangli district page.
Frequently asked questions
What are my rights if SAI SIDDHI RESIDENCY is delayed beyond 31 Mar 2025?
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 SIDDHI RESIDENCY?
The registered promoter entity is ZARE BUILDERS AND 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 SAI SIDDHI 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 SAI SIDDHI 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 SAI SIDDHI RESIDENCY?
The professionals named in the filing: Architect: RAKESH R BASARGE; Engineer: SUNIL RAGHUNATH ZARE; Chartered Accountant: SHRIKANT M BAPAT. 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 SIDDHI 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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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