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Registration lapsed No litigation declared Residential / Group Housing project

SHREE LAXMI ESTATE-II

By SHREE LAXMI VENTURE PVT LTD

RG-MH-74812 · RERA P50500021458 · Last updated on MahaRERA portal: 4 Jan 2024

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 34 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 2 earlier projects delivered on promise

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.

See what the report covers Free either way: or have every new Nagpur registration emailed to you, free during the pilot beta.
Dec 2023Possession promised34 months past this date
25 of 33Construction stages doneacross 3 buildings; furthest along: Installation of Lifts, 90%
0Complaints at MahaRERAon this registration
Jump to the 139 documents Report an error

SHREE LAXMI ESTATE-II is a Residential / Group Housing project by SHREE LAXMI VENTURE PVT LTD in Nagpur, Maharashtra, registered with MahaRERA as P50500021458 on 3 Jul 2019. Possession was promised by 30 Dec 2023 and is now 34 months past that date.

At a glance

Project

  • NameSHREE LAXMI ESTATE-II
  • TypeResidential / Group Housing
  • Location
    • PIPLA KHARSOLI ROAD
    • PIPLA BESA
    • Pipla
    • Nagpur (Rural)
    • Nagpur
    • 440023
  • Pincode440023
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P50500021458
  • ReraGenie IDRG-MH-74812

Builder

  • NameSHREE LAXMI VENTURE PVT LTD
  • Entity typeCompany
  • Other registrations4 more →
  • Completed4 of 5
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects2 →

Key dates

34 months past promisethis monthRegisteredJul 2019PromisedDec 2023

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on3 Jul 2019
  • Promised completion30 Dec 2023
  • Revised completionNone
  • Buildings3 building records
  • Documents filed139 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PLATINUMNA110000
DIAMONDNA110000
TOPAZNA80000

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 building3

As on 4 Jan 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.

25 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Installation of Lifts, at 90%.

PLATINUM90%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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.90%
DIAMOND90%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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.90%
TOPAZ70%
ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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.70%

Progress on shared amenities15

As on 4 Jan 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 facilityProposedProgress
Internal Roads & FootpathsYes60%
Water SupplyYes30%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes20%
Storm Water DrainsYes80%
Landscaping & Tree PlantingYes30%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes50%
Open ParkingYes0%

Parking filed146

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.

Total parking slots146
Closed/Covered59
Open Space87
BuildingClosed/CoveredOpen SpaceTotal
PLATINUM482472
DIAMOND14849
TOPAZ101525

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.

Land area4,450 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI10157.46
Proposed, not sanctioned10,157 sq m
Buildings approved3
Buildings sanctioned3

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.

Separate project accountDeclared
Bank branch818 NANDANWAN CEMENT ROAD NANDANWAN NAGPUR-440009

Certifying professionals and partners2

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectANJALI KADAM WAVE DESIGNERS AND PLANNERS
Chartered AccountantRENU ANAND KEWALRAMANI
PartnerRole in project
SHREE LAXMI VENTURE PVT LTD-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 18 Jun 2019
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 18 Jun 2019
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 16 May 2022
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 16 May 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 4 Jan 2024

Documents filed139

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 139 are shown. 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.

DocumentUploaded
Certificates of CA (Form 3)File: form3 june23PRIDE.pdf4 Jan 2024
Certificates of CA (Form 3)File: form3 sep23PRIDE.pdf4 Jan 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: estate form4.pdf4 Jan 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupation CertiTOPAZ.pdf31 Dec 2023
Certificates of CA (Form 3)File: CA CERTIF FORM3 JUNE23.pdf17 Dec 2023
Certificates of CA (Form 3)File: CA CERTIFICATE FORM3SEP23.pdf17 Dec 2023
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupation Cert topaz.pdf22 Nov 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect CertSept 23Estate.pdf15 Oct 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: EngCert Sept 23 Estate.pdf15 Oct 2023
Disclosure of sold/ booked inventoryFile: Unsold Inventory March 23.pdf20 Jul 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ESTATE ARC JUNE23.pdf15 Jul 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ESTATE ARC JUNE23.pdf15 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A, Estate -2,March 23.pdf15 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: ESTATE 2A June23.pdf15 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: ESTATE 2A June23.pdf15 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form No52223.pdf1 Jul 2023
Certificates of CA (Form 3)File: CA MARCH 23.pdf19 May 2023
Certificates of CA (Form 3)File: CA DEC 22.pdf4 May 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ArcESTMAR23.pdf15 Apr 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng2 March 23.pdf15 Apr 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A, Estate -2,March 23.pdf15 Apr 2023
Certificates of CA (Form 3)File: CA Sept 22.pdf11 Mar 2023
Disclosure of sold/ booked inventoryFile: Unsold Inventory Dec 22.pdf20 Feb 2023
Certificates of CA (Form 3)File: CA JUNE 22.pdf20 Feb 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arc Estate II Dec 22.pdf16 Jan 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Cert Estate II Dec 22.pdf16 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Estate II Dec 22.pdf16 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: estate2 form5.pdf28 Dec 2022
Status of Formation of Legal Entity (Society/Co Op etc.)File: SOCIETY CERTIFICATE.pdf28 Dec 2022
Certificates of CA (Form 3)File: CA MARCH22.pdf11 Dec 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Art Cert Estate-II.pdf7 Oct 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 EngCert Estate-II.pdf7 Oct 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A EngCetiEstate-II.pdf7 Oct 2022
Disclosure of sold/ booked inventoryFile: Unsold Estate-II.pdf7 Oct 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM1 ESTATE-compressed.pdf11 Jul 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM2 ESTATE_compressed.pdf11 Jul 2022
Disclosure of sold/ booked inventoryFile: DECLERATION OF SOLD UNSOLD ESTATE_compressed.pdf11 Jul 2022
Building plan approvalFile: 01.pdf16 May 2022
Building plan approvalFile: 02.pdf16 May 2022
Building plan approvalFile: 03.pdf16 May 2022
Building plan approvalFile: 04.pdf16 May 2022
Building plan approvalFile: 05.pdf16 May 2022
Building plan approvalFile: 06.pdf16 May 2022
Building plan approvalFile: 07.pdf16 May 2022
Building plan approvalFile: 08.pdf16 May 2022
Building plan approvalFile: 09.pdf16 May 2022
Building plan approvalFile: 10.pdf16 May 2022
Building plan approvalFile: 11.pdf16 May 2022
Building plan approvalFile: 12.pdf16 May 2022
Building plan approvalFile: 13.pdf16 May 2022
Building Plan Approval (IOD)File: 01.pdf16 May 2022
Building Plan Approval (IOD)File: 02.pdf16 May 2022
Building Plan Approval (IOD)File: 03.pdf16 May 2022
Building Plan Approval (IOD)File: 04.pdf16 May 2022
Building Plan Approval (IOD)File: 05.pdf16 May 2022
Building Plan Approval (IOD)File: 06.pdf16 May 2022
Building Plan Approval (IOD)File: 07.pdf16 May 2022
Building Plan Approval (IOD)File: 08.pdf16 May 2022
Building Plan Approval (IOD)File: 09.pdf16 May 2022
Building Plan Approval (IOD)File: 10.pdf16 May 2022
Building Plan Approval (IOD)File: 11.pdf16 May 2022
Building Plan Approval (IOD)File: 12.pdf16 May 2022
Building Plan Approval (IOD)File: 13.pdf16 May 2022
Commencement Certificates / NA Order for plotted developmentFile: PERMIT.pdf16 May 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHEST2MARCH2022 (6)_compressed.pdf15 Apr 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM2EST2MARCH2022_compressed.pdf15 Apr 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM2AEST2MARCH2022.pdf15 Apr 2022
Certificates of CA (Form 3)File: Estate 2-q2_compressed.pdf17 Mar 2022
Certificates of CA (Form 3)File: Estate 2 q3_compressed.pdf17 Mar 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Copy.PDF17 Mar 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: estate2 archi.pdf15 Jan 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 2 estate2.pdf15 Jan 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2A estate2.pdf15 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: ESTTAE 2.pdf15 Jan 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Archi (Estate-II).PDF14 Oct 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2(Estate-II).PDF14 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A(Estate-II).PDF14 Oct 2021
Certificates of CA (Form 3)File: iim21.pdf14 Aug 2021
Certificates of CA (Form 3)File: iij21.pdf14 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Estate II, March-2021.pdf13 Aug 2021

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.

2 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
SHREE LAXMIJAI DURGA SOCIETY NO.3 PLOT NO 68 69 MANISH NAGAR NAGPUR-4400158CompletedFeb 2016Feb 2016
SHREE LAXMI 2Plot No 35 B G S N SOCIETY4CompletedNov 2014Nov 2014

How this compares with Nagpur

13%of Nagpur projects moved their completion datethis one has not
22%of Nagpur registrations have lapsed or been cancelledthis one is among them

Computed across the 2,800+ Nagpur projects on ReraGenie, from their own filings.

Free monthly report: Nagpur 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.

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How alerts work

Other projects near PIPLA BESA2,800+ in Nagpur

2 kmSHREE LAXMI ESTATE-IICompleted 13Lapsed / revoked 1Other 19Dot size: filed unitsN

Filed coordinates, straight-line distance. 33 registered projects within 2 km.

Builder: SHREE LAXMI VENTURE PVT LTD

SHREE LAXMI VENTURE PVT LTD has 5 registrations on MahaRERA, including SHREE NARAYANA CLASSIC and SHREE LAXMI MILESTONE. Its filings disclose 2 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Nagpur district page.

Frequently asked questions

What does it mean that SHREE LAXMI ESTATE-II 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 SHREE LAXMI ESTATE-II is delayed beyond 30 Dec 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 SHREE LAXMI ESTATE-II?

The registered promoter entity is SHREE LAXMI VENTURE PVT LTD, a company 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 SHREE LAXMI ESTATE-II?

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 SHREE LAXMI ESTATE-II?

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 SHREE LAXMI ESTATE-II?

The professionals named in the filing: Architect: ANJALI KADAM WAVE DESIGNERS AND PLANNERS; Chartered Accountant: RENU ANAND KEWALRAMANI. 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 SHREE LAXMI ESTATE-II?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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