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Completed No litigation declared Mixed project

Shakun Estates

RG-MH-13253 · RERA P49900023842 · Last updated on MahaRERA portal: 9 Feb 2022

Source: official MahaRERA filing

Buyer report · Rs 499 Download 87 documents (free)

At a glance

Project

  • NameShakun Estates
  • TypeMixed
  • Location
    • MAHESH NAGAR
    • WANJOLA ROAD NEAR NATIONAL HIGHWAY 6
    • Bhusawal (CT)
    • Bhusawal
    • Jalgaon
    • 425208
  • Pincode425208
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P49900023842
  • ReraGenie IDRG-MH-13253

Builder

  • NameRajesh Raka
  • Entity typeIndividual

Key dates

Registered
7 Jan 2020
Promised
30 Jun 2023

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on7 Jan 2020
  • Promised completion30 Jun 2023
  • Revised completionNone
  • Buildings13 building records
  • Documents filed87 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Plot No 2 - ShopsNA50000
Plot No 2 - 2BHK FlatNA50000
Plot No 2 - 2BHK FlatsNA50000
Plot No 9 - 2BHK FlatsNA50000
Plot No 9 - ShopsNA50000
Plot No 32 - ShopsNA50000
Plot No 32 - 2BHK FlatsNA50000
Plot No 55 - 2BHK FlatsNA60000
Plot No 55 - ShopsNA60000
Plot No 55 - ShopNA60000
Plot No 55 - ShopNA60000
Plot No 2 - ShopNA10000
Plot No 2 - ShopNA10000

More on this project

These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.

Promoter contact and registered address

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Landowner and land title details

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Project finance and encumbrances

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Architect, engineer and CA certificates

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Unit configuration and carpet areas

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Bank account and 70 percent compliance

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Builder: Rajesh Raka

Rajesh Raka has 3 registrations in this build, including Shakun Estates and Tulas. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Jalgaon district page.

Frequently asked questions

What are my rights if Shakun Estates is delayed beyond 30 Jun 2023?

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 Shakun Estates?

The registered promoter entity is Rajesh Raka, an individual as per the filing. The filing discloses no 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, all downloadable free from this page with a login.

Is my payment protected in Shakun Estates?

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.

Who certifies construction progress at Shakun Estates?

The professionals named in the filing: Architect: DIPAK PHALAK; Engineer: Dipak Phalak; Chartered Accountant: Akshay Jadhav; Other: Rajesh Raka. 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 Shakun Estates?

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.

Planning to buy here? The Rs 499 buyer report adds risk flags, the progress-versus-promise read, the document checklist and the exact questions to ask this builder. Get the buyer report · Rs 499
Studying this micro-market? The developer project analysis covers unit configuration, land and FSI, and competition benchmarks for this project. Developer analysis · Rs 2,999 · coming soon