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Completed No litigation declared Residential / Group Housing project

Sai Siddhi Residency

By Prakruti Manohar Mhatre

RG-MH-25895 · RERA P52000008529 · Last updated on MahaRERA portal: 23 Oct 2021

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, and places this filing against every project registered within 2 km.

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Jul 2019Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 24 documents Report an error

Sai Siddhi Residency is a Residential / Group Housing project by Prakruti Manohar Mhatre in Raigarh, Maharashtra, registered with MahaRERA as P52000008529 on 19 Aug 2017. The registration is recorded completed; possession was promised by 31 Jul 2019.

At a glance

Project

  • NameSai Siddhi Residency
  • TypeResidential / Group Housing
  • Location
    • Panvel
    • Raigarh
    • 410206
  • Pincode410206
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000008529
  • ReraGenie IDRG-MH-25895

Builder

  • NamePrakruti Manohar Mhatre
  • Entity typeIndividual

Key dates

this monthRegisteredAug 2017PromisedJul 2019Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on19 Aug 2017
  • Promised completion31 Jul 2019
  • Revised completionNone
  • Buildings1 building record
  • Documents filed24 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Sai Siddhi ResidencyNA60000

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 23 Oct 2021, 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

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

As on 23 Oct 2021, 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 SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
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 harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed5

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 slots5
Closed/Covered5

Land and ownership1

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 area317 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
Pandurang Dagadu FakePanvelRaigarh

Approvals and building plan

Permissible FSI380.28
Proposed, not sanctioned380 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 branch1st Floor Plot No 24 Sector-8 Samarthkrupa Khanda Colony Branch New Panvel- 410206

Certifying professionals and partners2

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

RoleName
ArchitectAngels Consultants
EngineerMandar Anand Nadgaundi
PartnerRole in project
Prakruti Manohar Mhatre-

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 29 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 29 Jul 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 29 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 29 Jul 2017Confirm 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 14 Oct 2021

Documents filed24

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
Declaration about Commencement CertificateFile: Declaration About CC.pdf23 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A_19_20.pdf23 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A_20_21.pdf23 Oct 2021
Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf23 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: CA 17 - 18.pdf23 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: CA 18 - 19.pdf23 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: CA 19 - 20.pdf23 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: CA 20-21.pdf23 Oct 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC.pdf14 Oct 2021
Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf14 Oct 2021
Layout approvalFile: Approved Plan.pdf29 Jul 2017
Building plan approvalFile: Approved Plan.pdf29 Jul 2017
PAN CardFile: pan card-min.pdf29 Jul 2017
Copy of the legal title reportFile: Search Report.pdf29 Jul 2017
Details of encumbrancesFile: encumbernces details-min.pdf29 Jul 2017
Copy of Layout Approval (in case of layout)File: Approved Plan.pdf29 Jul 2017
Building Plan Approval (IOD)File: Approved Plan.pdf29 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf29 Jul 2017
Declaration in FORM BFile: Mhatre Affidavit.pdf29 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf29 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate.pdf29 Jul 2017
Certificates of CA (Form 3)File: CA_Certificate_Manohar Mhatre.pdf29 Jul 2017
Proforma of Allotment letterFile: Draft_Manohar Mhatre (RERA).pdf29 Jul 2017
Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf29 Jul 2017

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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How alerts work

Other projects near Panvel5,900+ in Raigarh

2 kmSai Siddhi ResidencyCompleted 211Lapsed / revoked 57Other 134Dot size: filed unitsN

Filed coordinates, straight-line distance. 402 registered projects within 2 km.

Builder: Prakruti Manohar Mhatre

Prakruti Manohar Mhatre 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 Raigarh district page.

Frequently asked questions

What are my rights if Sai Siddhi Residency is delayed beyond 31 Jul 2019?

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 Prakruti Manohar Mhatre, 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 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: Angels Consultants; Engineer: Mandar Anand Nadgaundi. 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.

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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