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Saraswati Sadan
By LAKSHMI BUILDERS AND DEVELOPERS
RG-MH-28656 · RERA P51800026655 · Last updated on MahaRERA portal: 30 Mar 2023
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 the promoter's 5 other registrations and every project registered within 2 km.
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Saraswati Sadan is a Residential / Group Housing project by LAKSHMI BUILDERS AND DEVELOPERS in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800026655 on 21 Oct 2020. The registration is recorded completed; possession was promised by 1 Jul 2024.
At a glance
Project
- NameSaraswati Sadan
- TypeResidential / Group Housing
- Location
- 10
- Panloskar marg
- Vile Parle East
- Andheri
- Mumbai Suburban
- 400057
- Pincode400057
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800026655
- ReraGenie IDRG-MH-28656
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on21 Oct 2020
- Promised completion1 Jul 2024
- Revised completionNone
- Buildings1 building record
- Documents filed30 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Saraswati Sadan | NA | 8 | 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 30 Mar 2023, 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%.
Saraswati Sadan: 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 30 Mar 2023, 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed1
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.
Land and ownership4
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 |
|---|---|---|
| Manohar V Kandarkar | Andheri | Mumbai Suburban |
| Devendra V Kandarkar (late) | Andheri | Mumbai Suburban |
| Dr Shripad Kandarkar (late) | Andheri | Mumbai Suburban |
| Shilavati C Kandarkar | Andheri | Mumbai Suburban |
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 | MD Associates |
| Engineer | FRAMES Structural consultant |
| Chartered Accountant | Rajesh Poddar |
| Partner | Role in project |
|---|---|
| LAKSHMI 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 8 Oct 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 Mar 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 31 Jul 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 26 Oct 2021Confirm 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 30 Mar 2023
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.
| Document | Uploaded |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Saraswati OC RERA.pdf | 30 Mar 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: MD ASSOCIATES_0001.pdf | 2 Mar 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Saraswati Sadan OC signed (1).pdf | 28 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: MD ASSOCIATES.pdf | 20 Jan 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Saraswati Sadan Society Certiifcate.pdf | 20 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SARASWATI SITE RERA CERTIFICATE FORM 3.pdf | 19 Jan 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: SARASWATI FORM 5 21 22.pdf | 19 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Certificate(30-08-2022).pdf | 18 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SARASWATI CA CERTIFICATE FORM -3_compressed.pdf | 5 Sep 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: lbd certificate_compressed.pdf | 18 Feb 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: 2290985_FurtherCC_signed.pdf | 26 Oct 2021 |
| Building plan approvalFile: Drawing_compressed (1).pdf | 31 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Drawing_compressed (1).pdf | 31 Jul 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SARASWATI RERA CERTIFICATE_compressed.pdf | 30 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: 2269806_FurtherCC_signed.pdf | 24 May 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA CERTIFICATE SARASWATI DATED 28042021_compressed.pdf | 28 Apr 2021 |
| Building plan approvalFile: Approved Drawing.pdf | 4 Mar 2021 |
| Layout approvalFile: Amendletter_signed.pdf | 4 Mar 2021 |
| Copy of Layout Approval (in case of layout)File: Amendletter_signed.pdf | 4 Mar 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Approved Drawing.pdf | 4 Mar 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: LBD RERA - SARASWATI SADAN PROJECT_compressed.pdf | 10 Oct 2020 |
| Building plan approvalFile: ilovepdf_merged.pdf | 8 Oct 2020 |
| Layout approvalFile: ilovepdf_merged.pdf | 8 Oct 2020 |
| Copy of the legal title reportFile: SAKHALKARE LEMIMARE_0001_compressed.pdf | 8 Oct 2020 |
| Details of encumbrancesFile: no encumberence _compressed.pdf | 8 Oct 2020 |
| Copy of Layout Approval (in case of layout)File: ilovepdf_merged.pdf | 8 Oct 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: ilovepdf_merged.pdf | 8 Oct 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: 2198259_FirstCC_signed.pdf | 8 Oct 2020 |
| Declaration in FORM BFile: form b .pdf | 8 Oct 2020 |
| Proforma of Allotment letterFile: allotment letter-merged.pdf | 8 Oct 2020 |
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.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| OMKAR CHS LTDP51800003558 | Andheri, Mumbai Suburban | 61 | Aug 2017 | Completed | Jun 2024Registered original: Jul 2023 | Oct 2023 |
| YASHASWATI CHS LTDP51800001279 | Kurla, Mumbai Suburban | 74 | Jul 2017 | Completed | Jul 2023 | Aug 2019 |
| BASERA CHS LTDP51800001959 | Andheri, Mumbai Suburban | 44 | Jul 2017 | Completed | Jul 2023 | Mar 2020 |
| ShantadurgaP51900015604 | Dadar Naigaum, Mumbai City | 29 | Mar 2018 | Completed | Jan 2023 | May 2022 |
| Prakash Tower Chs Ltd | Bal Goviudas Road situated at Village Mahim | 21 | - | Completed | Oct 2013 | Late, Dec 2013 |
| ANUPAN CHS LTD | Tejpal Scheme Rood No. 4 Vile Parle East | 29 | - | Completed | Mar 2013 | Late, Jun 2017 |
| Puspkunj Chs Ltd | Dr Dicit Road Opp Dhanukar Colage Vile Parle East | 19 | - | Completed | Dec 2010 | Late, Mar 2011 |
| Malhari Sadan Chs Ltd | Ajmal Road of Malaviya Road vile Parale East | 16 | - | Completed | Jan 2010 | Late, Apr 2011 |
| Jeevan Sangam Chs Ltd | Dadabhai Cross Road Andheri West | 28 | - | Completed | Aug 2009 | Late, Dec 2009 |
| Shashi Chs Ltd | Subhash Road Pandulskar Marg Vile Parle East | 19 | - | Completed | Aug 2005 | Late, Oct 2005 |
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Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 5 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 30 filed documents as one ZIP, foldered, with a manifest
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Builder: LAKSHMI BUILDERS AND DEVELOPERS
LAKSHMI BUILDERS AND DEVELOPERS has 6 registrations on MahaRERA, including OMKAR CHS LTD and BASERA CHS LTD. Its filings disclose 11 earlier MahaRERA projects: declares 5 of 11 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if Saraswati Sadan is delayed beyond 1 Jul 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 Saraswati Sadan?
The registered promoter entity is LAKSHMI 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 Saraswati Sadan?
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 Saraswati Sadan?
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 Saraswati Sadan?
The professionals named in the filing: Architect: MD Associates; Engineer: FRAMES Structural consultant; Chartered Accountant: Rajesh Poddar. 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 Saraswati Sadan?
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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