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SHANTI NIKETAN
RG-MH-05055 · RERA P51600024169 · Last updated on MahaRERA portal: 15 Feb 2024
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 21 other registrations and every project registered within 2 km.
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SHANTI NIKETAN is a Others project by shree balaji developers in Nashik, Maharashtra, registered with MahaRERA as P51600024169 on 23 Jan 2020. The registration is recorded completed; possession was promised by 30 Dec 2025.
At a glance
Project
- NameSHANTI NIKETAN
- TypeOthers
- Location
- GOVIND NAGAR
- MURLIDHAR VAZRE NAGAR
- Nashik (M Corp.)
- Nashik
- 422001
- Pincode422001
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600024169
- ReraGenie IDRG-MH-05055
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on23 Jan 2020
- Promised completion30 Dec 2025
- Revised completionNone
- Buildings1 building record
- Documents filed39 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SHANTI NIKETAN | NA | 14 | 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 15 Feb 2024, 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
SHANTI NIKETAN: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| 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 15 Feb 2024, 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 | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed88
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 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 | AR SUMIT KUMATHH |
| Engineer | ER MILIND RATHI |
| Chartered Accountant | Mayur Wagh |
| Partner | Role in project |
|---|---|
| shree balaji 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 21 Jan 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 21 Jan 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 3 Jan 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 Jan 2020Confirm 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 14 Jun 2023
Documents filed39
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 of Percentage of Completion of Work (Form 1)File: SHANTINIKETAN ARCH CERTIFICATE 180520 TO 310321.pdf | 15 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SHANTINIKETAN ARCH CERTIFICATE 010421 TO 310322.pdf | 15 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SHANTINIKETAN ARCH CERTIFICATE 010422 TO 170522.pdf | 15 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHANTINIKETAN ENGR CERTIFICATE 180520 TO 310321.pdf | 15 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHANTINIKETAN ENGR CERTIFICATE 010421 TO 310322.pdf | 15 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHANTINIKETAN ENGR CERTIFICATE 010422 TO 170522.pdf | 15 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHANTINIKETAN CA CERTIFICATE 010420 TO 310321.pdf | 15 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHANTINIKETAN CA CERTIFICATE 010421 TO 310322.pdf | 15 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHANTINIKETAN CA CERTIFICATE 010422 TO 17522.pdf | 15 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: RERA Audit Report- 21-22.pdf | 30 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: RERA Audit 22-23 Final.pdf | 30 Dec 2023 |
| Other - FinanceFile: Sanction_Shantiniketan.pdf | 26 Jul 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: ShantiNiketan OC completion.pdf | 14 Jun 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: ARCHI CERTIFICATE -FORM 4 SHANTINIKETAN.pdf | 14 Jun 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: DECLARATION-SHANTINIKETA_rotated-1-26.pdf | 14 Jun 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: DECLARATION-SHANTINIKETA_rotated-27-52.pdf | 14 Jun 2023 |
| Status of ConveyanceFile: A WING INDEX II-1-18.pdf | 14 Jun 2023 |
| Status of ConveyanceFile: A WING INDEX II-19-36.pdf | 14 Jun 2023 |
| Status of ConveyanceFile: B WING INDEX II (1).pdf | 14 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Shantiniketan rera audit FY-19-20 (1).pdf | 6 Sep 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Shantiniketan rera audit FY20-21 (1).pdf | 6 Sep 2022 |
| Declaration about Commencement CertificateFile: Declaration about Commencement cert.pdf | 3 Aug 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold and Booked Inventory.pdf | 3 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate sign.pdf | 24 May 2022 |
| Layout approvalFile: Amalgamation Plan 788.pdf | 21 Jan 2020 |
| Copy of the legal title reportFile: Combine Title 788.pdf | 21 Jan 2020 |
| Copy of the legal title reportFile: Title 788 1 Tank-min.pdf | 21 Jan 2020 |
| Copy of Layout Approval (in case of layout)File: Amalgamation Plan 788.pdf | 21 Jan 2020 |
| Layout approvalFile: 788 2 Layout Copy_1.pdf | 3 Jan 2020 |
| Building plan approvalFile: Building Plan ShantiNiketan- Compressed.pdf | 3 Jan 2020 |
| PAN CardFile: PAN SBD.pdf | 3 Jan 2020 |
| Details of encumbrancesFile: Self Encumbrance- ShantiNiketan.pdf | 3 Jan 2020 |
| Copy of Layout Approval (in case of layout)File: 788 2 Layout Copy_1.pdf | 3 Jan 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan ShantiNiketan- Compressed.pdf | 3 Jan 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate 2 Compressed.pdf | 3 Jan 2020 |
| Declaration in FORM BFile: FORM - B.pdf | 3 Jan 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar Certificate ShantiNiketan.pdf | 3 Jan 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Ca Certificate ShantiNiketan.pdf | 3 Jan 2020 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 3 Jan 2020 |
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 21 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 39 filed documents as one ZIP, foldered, with a manifest
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Builder: shree balaji developers
SHREE BALAJI DEVELOPERS has 22 registrations on MahaRERA, including SHREE RESIDENCY and PNT SQUARE. Its filings disclose 4 earlier MahaRERA projects: declares 3 of 3 past projects completed on time. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if SHANTI NIKETAN is delayed beyond 30 Dec 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 SHANTI NIKETAN?
The registered promoter entity is shree balaji 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 SHANTI NIKETAN?
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 SHANTI NIKETAN?
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 SHANTI NIKETAN?
The professionals named in the filing: Architect: AR SUMIT KUMATHH; Engineer: ER MILIND RATHI; Chartered Accountant: Mayur Wagh. 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 SHANTI NIKETAN?
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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