Home / Browse projects / Satara, Maharashtra / Shubhada Niketan
Shubhada Niketan
RG-MH-27720 · RERA P52700034486 · Last updated on MahaRERA portal: 10 Feb 2025
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
- All 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations and every project registered within 2 km.
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Shubhada Niketan is a Others project by Niketan Construction in Satara, Maharashtra, registered with MahaRERA as P52700034486 on 11 Apr 2022. The registration is recorded completed; possession was promised by 30 Apr 2025.
At a glance
Project
- NameShubhada Niketan
- TypeOthers
- Location
- 1 Yadogopal Peth
- Near Gol Maruti Mandir
- Satara
- 415002
- Pincode415002
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52700034486
- ReraGenie IDRG-MH-27720
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on11 Apr 2022
- Promised completion30 Apr 2025
- Revised completionNone
- Buildings1 building record
- Documents filed55 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Shubhada Niketan | NA | 7 | 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 10 Feb 2025, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
Shubhada Niketan: 82% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 10 Feb 2025, 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | 100% |
| 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 | No | Not applicable |
| Open Parking | No | Not applicable |
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 partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Design Enclave Architects |
| Engineer | Amey Shrikant Agate |
| Chartered Accountant | CA Abhijit Divekar & Associates |
| Chartered Accountant | VKPS & Associates |
| Partner | Role in project |
|---|---|
| Niketan Construction | - |
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 6 Apr 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Mar 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 6 Apr 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 6 Apr 2022Confirm 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 5 Feb 2025
Documents filed55
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 on Completion of Project (Form 4)File: Form 4.PDF | 10 Feb 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Complition Certificate Shubhada Niketan.pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Self Declaration Shubhada Niketa.PDF | 4 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Shubhada Niketan.PDF | 1 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Shubhada Niketan.PDF | 29 Jan 2025 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Certifi Shubhada Niketan.PDF | 29 Jan 2025 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society OC.pdf | 9 Aug 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A.PDF | 14 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf | 14 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.PDF | 20 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Shubhada Niketan.PDF | 20 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form -1 Septmber 2023.PDF | 13 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form -1 December 2023.PDF | 13 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's certificate Form -2 March 2023.PDF | 13 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's certificate Form -2 June 2023.PDF | 13 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's certificate Form -2 Septmber 2023.PDF | 13 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's certificate Form -2 December 2023.PDF | 13 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form -2A 22-23.PDF | 13 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form -5 2022- 2023.PDF | 13 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SHUBHADA NIKETAN FORM 1 JUNE 22.PDF | 12 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SHUBHADA NIKETAN FORM 1 SEP 22.PDF | 12 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHUBHADA NIKETAN FORM 2 JUNW 22.PDF | 12 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHUBHADA NIKETAN FORM 2 SEP 22.PDF | 12 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHUBHADA NIKETAN FORM 2 DEC 22.PDF | 12 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHUBHADA NIKETAN FORM 3 JUNE 22.PDF | 12 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHUBHADA NIKETAN FORM 3 SEP22.PDF | 12 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHUBHADA NIKETAN FORM 3 DEC 22.PDF | 12 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Shubhada Niketan Architect Certi.PDF | 31 Mar 2023 |
| CERSAI detailsFile: CERSAI Report 1 Yadogopal Peth.pdf | 31 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Shubhada Niketan ( From 3).PDF | 31 Mar 2023 |
| Details of encumbrances concerned to FinanceFile: Declaration of Legal.PDF | 11 Mar 2023 |
| Details of encumbrances concerned to LegalFile: Declaration of Legal.PDF | 11 Mar 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Organization.PDF | 11 Mar 2023 |
| Proforma of Agreement for saleFile: Agreement to Sale.pdf | 11 Mar 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Separate Bank Account Details.PDF | 11 Mar 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Finance.PDF | 11 Mar 2023 |
| Deviation Report with respect to Allotment letterFile: Allotment letter of Agreement.PDF | 11 Mar 2023 |
| Deviation Report with respect to Allotment letterFile: Model From of Allotment letter.PDF | 11 Mar 2023 |
| Deviation Report with respect to model copy of AgreementFile: Model Copy of Agreement.PDF | 11 Mar 2023 |
| Building plan approvalFile: Sanction Plan 1.pdf | 6 Apr 2022 |
| Building plan approvalFile: Sanction Plan 2.pdf | 6 Apr 2022 |
| Copy of the legal title reportFile: Search Report 2_11zon.pdf | 6 Apr 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan 1.pdf | 6 Apr 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan 2.pdf | 6 Apr 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Sanction Letter 1.PDF | 6 Apr 2022 |
| Declaration in FORM BFile: Form B.PDF | 6 Apr 2022 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 6 Apr 2022 |
| Layout approvalFile: Nakasha 1 Yadogopal.PDF | 25 Mar 2022 |
| PAN CardFile: PAN Card Copy.PDF | 25 Mar 2022 |
| Details of encumbrancesFile: Encumbrance Details.PDF | 25 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Nakasha 1 Yadogopal.PDF | 25 Mar 2022 |
| Declaration about Commencement CertificateFile: Format D.PDF | 25 Mar 2022 |
| CERSAI detailsFile: Cersai Undertaking.PDF | 25 Mar 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 25 Mar 2022 |
| Proforma of Allotment letterFile: Agreement to Sale.pdf | 25 Mar 2022 |
Promoter's earlier projects1
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 |
|---|---|---|---|---|---|
| Swar- Sarita | 849B Shaniwar Peth | 5 | Completed | Oct 2019 | Apr 2019 |
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How this compares with Satara
Computed across the 1,100+ Satara projects on ReraGenie, from their own filings.
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 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 55 filed documents as one ZIP, foldered, with a manifest
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Builder: Niketan Construction
Niketan Construction has 3 registrations on MahaRERA, including Govind Leela Niketan and Shubhada Niketan. Its filings disclose 3 earlier MahaRERA projects: declares 3 of 3 past projects completed on time. Read the full track record. See more projects on the Satara district page.
Frequently asked questions
What are my rights if Shubhada Niketan is delayed beyond 30 Apr 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 Shubhada Niketan?
The registered promoter entity is Niketan Construction, 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 Shubhada 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 Shubhada 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 Shubhada Niketan?
The professionals named in the filing: Architect: Design Enclave Architects; Engineer: Amey Shrikant Agate; Chartered Accountant: CA Abhijit Divekar & Associates; Chartered Accountant: VKPS & Associates. 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 Shubhada 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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