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Shakambari Apartment
RG-MH-15290 · RERA P52700023294 · Last updated on MahaRERA portal: 21 Jul 2025
Source: official MahaRERA filing
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Red flags
- Completion date moved by 36 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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Shakambari Apartment is a Others project by RISHINANDAN REALITORS in Satara, Maharashtra, registered with MahaRERA as P52700023294 on 9 Dec 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 36 months from the original filing.
At a glance
Project
- NameShakambari Apartment
- TypeOthers
- Location
- Ghat Road
- Gangapuri
- Wai (M Cl)
- Wai
- Satara
- 412805
- Pincode412805
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52700023294
- ReraGenie IDRG-MH-15290
Builder
- NameRISHINANDAN REALITORS
- Entity typePartnership
- PartnersKaustubh Suresh Konday, Shashank Chandrakant Nanaware, Shripad Mahadev Kulkarni
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on9 Dec 2019
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 30 Dec 2023)
- Buildings2 building records
- Documents filed32 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A | NA | 5 | 0 | 0 | 0 | 0 |
| B | NA | 5 | 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 building2
As on 21 Jul 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.
13 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Sanitary Fittings within the flats / premises, at 20%.
A82%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| 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% |
B38%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 20% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 21 Jul 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) | No | Not applicable |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 100% |
| 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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 | Jagdish Salunkhe |
| Engineer | Rajkumar Bajirao Patait |
| Chartered Accountant | Bipin Vora And Associates |
| Partner | Role in project |
|---|---|
| RISHINANDAN REALITORS | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter1) We had applied for registration of the said project for our 2 buildings in the said project namely Wing A and Wing B. 2) We erred in entering the "date of completion" in our RERA Registration application and we failed to consider the timeline for second building i.e Wing B into consideration while entering the proposed completion date at the time of registering our said project. We hereby request the authority to grant us extension u/s 7(3) till 31st December 2026 We have taken the requisite consents of our allottees, uploaded the PERT chart and complied with all other required compliances.
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 2 Dec 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 2 Dec 2019 - 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 May 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 23 May 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 3 Jan 2024
Documents filed32
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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 Certificate - 2023-24.pdf | 21 Jul 2025 |
| Declaration in FORM BFile: Form B.pdf | 9 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 9 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Q4.pdf | 9 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 Chartered Accountant Certificate q4.pdf | 9 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineer Certificate.pdf | 9 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineer Certificate Q4.pdf | 9 May 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 9 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 2A 21-22.pdf | 9 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2A 22-23.pdf | 9 May 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 2A 23-24.pdf | 9 May 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Cert_PO_328197_46r2WzTSign.pdf | 3 Jan 2024 |
| Building plan approvalFile: Sanction Plan.pdf | 23 May 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan.pdf | 23 May 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 23 May 2023 |
| Details of encumbrancesFile: Encumbrance.pdf | 29 Mar 2022 |
| Proforma of Allotment letterFile: Marathi Draft Agreement .pdf | 26 Mar 2022 |
| Layout approvalFile: Sanction Plan 1.pdf | 2 Dec 2019 |
| Building plan approvalFile: Sanction Plan 1.pdf | 2 Dec 2019 |
| Building plan approvalFile: Sanction Plan 2.pdf | 2 Dec 2019 |
| PAN CardFile: Rishinandan realtors Pan card.pdf | 2 Dec 2019 |
| Copy of the legal title reportFile: Gangapuri Search report 2.pdf | 2 Dec 2019 |
| Details of encumbrancesFile: Encumbrances Certificate.pdf | 2 Dec 2019 |
| Copy of Layout Approval (in case of layout)File: Sanction Plan 1.pdf | 2 Dec 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan 1.pdf | 2 Dec 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan 2.pdf | 2 Dec 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 2 Dec 2019 |
| Declaration in FORM BFile: Form B.pdf | 2 Dec 2019 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 2 Dec 2019 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Certificate.pdf | 2 Dec 2019 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 2 Dec 2019 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 2 Dec 2019 |
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Builder: RISHINANDAN REALITORS
RISHINANDAN REALITORS has 1 registration on MahaRERA, including Shakambari Apartment. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Satara district page.
Frequently asked questions
What are my rights if Shakambari Apartment is delayed beyond 31 Dec 2026?
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 Shakambari Apartment?
The registered promoter entity is RISHINANDAN REALITORS, 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 Shakambari Apartment?
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 Shakambari Apartment?
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 Shakambari Apartment?
The professionals named in the filing: Architect: Jagdish Salunkhe; Engineer: Rajkumar Bajirao Patait; Chartered Accountant: Bipin Vora And Associates. 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 Shakambari Apartment?
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.
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