Home / Browse projects / Nagpur, Maharashtra / SHREENIDHI ESTATE-V
SHREENIDHI ESTATE-V
By SHRI SAI BUILDERS AND DEVELOPERS
RG-MH-78574 · RERA P50500056004 · Last updated on MahaRERA portal: 29 Apr 2024
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Possession 3 months past the filed date
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
1 condition is 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.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
SHREENIDHI ESTATE-V is a Plotted project by SHRI SAI BUILDERS AND DEVELOPERS in Nagpur, Maharashtra, registered with MahaRERA as P50500056004 on 6 May 2024. Possession was promised by 31 Jul 2026 and is now 3 months past that date. 78 of the 78 units on this registration are recorded sold or booked.
At a glance
Project
- NameSHREENIDHI ESTATE-V
- TypePlotted
- Location
- KHATE NO 753
- WAGDARA -ISASANI RITHI
- Wagdara (536054)
- Hingna
- Nagpur
- 441108
- Pincode441108
- RERA no.P50500056004
- ReraGenie IDRG-MH-78574
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on6 May 2024
- Promised completion31 Jul 2026
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed26 files
Current status
Figures as on 29 Apr 2024, this project's latest MahaRERA filing.
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 29 Apr 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.
NA Plot Without Structure:
| Activity | Progress |
|---|---|
| Excavation | Not applicable |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | Not applicable |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | Not applicable |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | Not applicable |
| Sanitary Fittings within the flats / premises | Not applicable |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | Not applicable |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | Not applicable |
| 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. | Not applicable |
Progress on shared amenities15
As on 29 Apr 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 | 100% |
| Water Supply | No | Not applicable |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
Land and ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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 | UMESH LAMGE |
| Engineer | P B AKRE |
| Chartered Accountant | SHRADDHA PUROHIT |
| Partner | Role in project |
|---|---|
| SHRI SAI BUILDERS AND 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 18 Oct 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 2 Apr 2024 - 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 Aug 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 29 Apr 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed26
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 |
|---|---|
| Commencement Certificates / NA Order for plotted developmentFile: c Dev agreement.pdf | 29 Apr 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Finally Approved.pdf | 29 Apr 2024 |
| Details of encumbrances concerned to FinanceFile: Final Fin Encumbrances.pdf | 24 Apr 2024 |
| Details of encumbrances concerned to LegalFile: Final Fin Encumbrances.pdf | 24 Apr 2024 |
| Proforma of Agreement for saleFile: 1Final AGREEMENT TO SELL Rera for Shrineedhi Estate.pdf | 12 Apr 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Declaration.pdf | 10 Apr 2024 |
| Layout approvalFile: F Sanction Map (3).pdf | 2 Apr 2024 |
| Copy of Layout Approval (in case of layout)File: F Sanction Map (3).pdf | 2 Apr 2024 |
| Copy of the legal title reportFile: F Search-Report.pdf | 18 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Ann a1.pdf | 10 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Ann a 2.pdf | 10 Oct 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Ann a3.pdf | 10 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: F FORM 3.pdf | 13 Sep 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrances.pdf | 20 Aug 2023 |
| Details of encumbrances concerned to FinanceFile: Legal Encumbrance.pdf | 20 Aug 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrances.pdf | 20 Aug 2023 |
| Details of encumbrances concerned to LegalFile: Legal Encumbrance.pdf | 20 Aug 2023 |
| Declaration about Commencement CertificateFile: Commencement Certificate.pdf | 20 Aug 2023 |
| Declaration in FORM BFile: Afidavit-Declaration.pdf | 20 Aug 2023 |
| CERSAI detailsFile: Cresai_merged.pdf | 20 Aug 2023 |
| Proforma of Allotment letterFile: Annaxure 1 Allotment.pdf | 20 Aug 2023 |
| Deviation Report with respect to Allotment letterFile: Declaration Allotment Letter.pdf | 20 Aug 2023 |
| Deviation Report with respect to model copy of AgreementFile: Declaration Agreement For Sale.pdf | 20 Aug 2023 |
| Building plan approval or NA orderFile: NA-Order.pdf | 16 Aug 2023 |
| PAN CardFile: Firm PAN (1).pdf | 16 Aug 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: NA-Order.pdf | 16 Aug 2023 |
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| SHREENIDHI ESTATE 4P50500030262 | NAGPUR, Nagpur | 55 | Aug 2021 | Completed | Jul 2025 | Nov 2022 |
| SHRIEENIDHI ESTATE ISASANIP50500014435 | Isasani (CT), Nagpur | 112 | Nov 2017 | Completed | Sep 2021Registered original: Sep 2020 | Late, Mar 2022 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Nagpur
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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 8 other registrations, which the RERA portal never shows together
- All 26 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
- A watch tells you the moment that changes, including if the registration lapses or a complaint is filed
- But on this project's record so far, expect it to be quiet. You can also save this project free and keep it on your shortlist
Keep SHREENIDHI ESTATE-V on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near WAGDARA -ISASANI RITHI2,800+ in Nagpur
Kanher Nagri Developers
KANHER NAGRI DEVELOPERS
MAHALAXMI NAGAR 6
MAHALAXMI ESTATE
MAHALAXMI NAGAR 4
PADMALAXMI DEVELOPERS
Moreshwar park 4
PRASANNA PLANNERS
PRIME PLATINUM
UMAKANT VITTHAL MENDHE
MAULI NAGAR 8
MAULI INFRATECH
See every Nagpur project, with the district possession charts
Builder: SHRI SAI BUILDERS AND DEVELOPERS
SHRI SAI BUILDERS AND DEVELOPERS has 9 registrations on MahaRERA, including SHRIEENIDHI ESTATE ISASANI and Saraswati Heights. Its filings disclose 4 earlier MahaRERA projects: declares 1 of 3 past projects completed on time. Read the full track record. See more projects on the Nagpur district page.
Frequently asked questions
What are my rights if SHREENIDHI ESTATE-V is delayed beyond 31 Jul 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 SHREENIDHI ESTATE-V?
The registered promoter entity is SHRI SAI BUILDERS AND 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 SHREENIDHI ESTATE-V?
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 SHREENIDHI ESTATE-V?
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 SHREENIDHI ESTATE-V?
The professionals named in the filing: Architect: UMESH LAMGE; Engineer: P B AKRE; Chartered Accountant: SHRADDHA PUROHIT. 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 SHREENIDHI ESTATE-V?
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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback