Home / Browse projects / Nashik, Maharashtra / Sharvari Serenity
Sharvari Serenity
RG-MH-00257 · RERA P51600000394 · Last updated on MahaRERA portal: 14 Apr 2023
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 49 months past the filed date
- Completion date moved by 45 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 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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Sharvari Serenity is a Residential / Group Housing project by SHARVARI REALTORS LLP in Nashik, Maharashtra, registered with MahaRERA as P51600000394 on 15 Jul 2017. Possession was promised by 30 Sep 2022 and is now 49 months past that date. The completion date has moved by 45 months from the original filing.
At a glance
Project
- NameSharvari Serenity
- TypeResidential / Group Housing
- Location
- Igatpuri (M Cl)
- Igatpuri
- Nashik
- 422403
- Pincode422403
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600000394
- ReraGenie IDRG-MH-00257
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on15 Jul 2017
- Promised completion30 Sep 2022
- Revised completionRevised to 30 Sep 2022 (originally 31 Dec 2018)
- Buildings1 building record
- Documents filed33 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Sharvari Serenity | 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 building1
As on 14 Apr 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.
0 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 28%.
Sharvari Serenity: 8% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 3% |
| Basement (if any) | 14% |
| Podiums (if any) | 0% |
| Plinth | 14% |
| Stilt Floor | 7% |
| Slabs of Super Structure | 28% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 9% |
| Sanitary Fittings within the flats / premises | 1% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 6% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 1% |
| 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 14 Apr 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 | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| 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 | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed14
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Chandrashekhar |
| Engineer | Sardar Shahzad Jamil |
| Partner | Role in project |
|---|---|
| SHARVARI REALTORS LLP | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe have not sold any flat in the project nor registered any Agreement whatsoever. The obvious reasons for this is, there is not a single inquiry to purchase of flat. However, we are still completing the project through our own funds. As per Architect's certificate, work completed till now is 83.86%. We will able to complete this project by 30th December 2019.
Reason as filed by the promoterThere was 0% booking (No Sold Inventory) for the respective project during the period of 2019-2020 hence could not able to complete the project in time
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 4 May 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 May 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 20 Oct 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 May 2017Confirm 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 Apr 2023
Documents filed33
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: OC Sharvari Serenity Ltr.pdf | 14 Apr 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Sharvari Serenity Ltr.pdf | 8 Dec 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate - FORM - 2.pdf | 11 Oct 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 18072022.pdf | 18 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: Sold unsold stmnt 18072022.pdf | 18 Jul 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 2018 2019.pdf | 23 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 2019 2020.pdf | 23 Oct 2021 |
| Building plan approvalFile: amended Approval 1602.pdf | 20 Oct 2021 |
| Building Plan Approval (IOD)File: amended Approval 1602.pdf | 20 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: declaration sold unsold.pdf | 20 Oct 2021 |
| Declaration about Commencement CertificateFile: CC declaration.pdf | 19 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Dec2020.pdf | 19 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A March2021.pdf | 19 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2AJune2021.pdf | 19 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Sept2021.pdf | 19 Oct 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch cert 06082021S.pdf | 6 Aug 2021 |
| Details of Restarting of Construction work post lockdownFile: Revised approval 16022021.pdf | 19 Feb 2021 |
| Certificates of CA (Form 5)File: Serenity Aug17toMarch18.pdf | 2 Jan 2019 |
| Certificates of CA (Form 5)File: Serenity ApriltoSept18.pdf | 2 Jan 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Sharvari Serenity 31122018.pdf | 31 Dec 2018 |
| Building plan approvalFile: Sharvari Serenity Approval with plans.pdf | 10 Jul 2017 |
| Building Plan Approval (IOD)File: Sharvari Serenity Approval with plans.pdf | 10 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: SHARVARI SERENITY FORM 1 ARCHITECT.pdf | 10 Jul 2017 |
| Certificates of CA (Form 3)File: Form 3-CA.pdf | 10 Jul 2017 |
| Proforma of Allotment letterFile: SALE AGREEMENTRERA SHARVARI SERENITY.pdf | 10 Jul 2017 |
| Details of encumbrancesFile: Declaration serenity.pdf | 7 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 7 Jul 2017 |
| Declaration in FORM BFile: Affidavit.pdf | 3 Jul 2017 |
| Layout approvalFile: Sharvari Serenity Approval 6.6.2016 - (Small) -01.pdf | 4 May 2017 |
| PAN CardFile: Sharvari Realtors - PAN Card.pdf | 4 May 2017 |
| Copy of the legal title reportFile: Sharvari Serenity - Title Certificate - Plot no. 2 ,3,10,11 -small.pdf | 4 May 2017 |
| Copy of Layout Approval (in case of layout) and Building Plan Approval (IOD)File: Sharvari Serenity Approval 6.6.2016 - (Small) -01.pdf | 4 May 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: plinth cc.pdf | 4 May 2017 |
Promoter's earlier projects2
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Sharvari Serenity | Shriniwas Nagar Near Dak Bunglow Opposite Ambassador Hotel Village Igatpuri District Nasik | 31 | Completed | Dec 2018 | Dec 2018 |
| Sharvari Primero | Vallipeer Road - Bail Bazaar - opposite JP resort - Kalyan west | 34 | Completed | Jan 2016 | Late, Feb 2016 |
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How this compares with Nashik
Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.
Free monthly report: Nashik 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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 33 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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Builder: SHARVARI REALTORS LLP
SHARVARI REALTORS LLP has 2 registrations on MahaRERA, including Sharvari Serenity and Sharvari Primero. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What does it mean that Sharvari Serenity shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if Sharvari Serenity is delayed beyond 30 Sep 2022?
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 Sharvari Serenity?
The registered promoter entity is SHARVARI REALTORS LLP, 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 Sharvari Serenity?
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 Sharvari Serenity?
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 Sharvari Serenity?
The professionals named in the filing: Architect: Chandrashekhar; Engineer: Sardar Shahzad Jamil. 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 Sharvari Serenity?
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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