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SIDDHIVINAYK TOWER
By ROYAL FANTASY BUILDERS AND DEVELOPERS
RG-MH-12269 · RERA P52700004438 · Last updated on MahaRERA portal: 10 Feb 2023
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 every project registered within 2 km.
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SIDDHIVINAYK TOWER is a Residential / Group Housing project by ROYAL FANTASY BUILDERS AND DEVELOPERS in Satara, Maharashtra, registered with MahaRERA as P52700004438 on 9 Aug 2017. The registration is recorded completed; possession was promised by 31 Dec 2018.
At a glance
Project
- NameSIDDHIVINAYK TOWER
- TypeResidential / Group Housing
- Location
- SATARA
- Saidapur
- 415002
- Pincode415002
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52700004438
- ReraGenie IDRG-MH-12269
Builder
- NameROYAL FANTASY BUILDERS AND DEVELOPERS
- Entity typePartnership
- PartnersSANJAY LALTAPRASAD YADAV, SHAMBHAVEE SHASHIKANT KADAM, MURALIDHAR RAJESH ADEP, SURESHCHANDRA MADHAVJI RAITHATA HUF
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on9 Aug 2017
- Promised completion31 Dec 2018
- Revised completionNone
- Buildings1 building record
- Documents filed22 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SIDDHIVINAYAK TOWER | NA | 9 | 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 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
SIDDHIVINAYAK TOWER: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| 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 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 100% |
Parking filed10
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SUMIT BAGADE |
| Partner | Role in project |
|---|---|
| ROYAL FANTASY 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 30 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jul 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 28 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 28 Jul 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 10 Feb 2023
Documents filed22
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.pdf | 10 Feb 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Arkitech.pdf | 10 Feb 2023 |
| Status of ConveyanceFile: Declaration Dee.pdf | 10 Feb 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form No 1 Arcitect Certificate.pdf | 12 Jan 2019 |
| Certificates of CA (Form 3)File: Form no 3 march.pdf | 12 Jan 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arcitect Certificate.pdf | 17 Apr 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 29 Nov 2017 |
| Certificates of CA (Form 3)File: Form No 3.pdf | 29 Nov 2017 |
| Copy of the legal title reportFile: Certificate of tital clearance and non encumbrance.pdf | 30 Jul 2017 |
| Details of encumbrancesFile: Certificate of tital clearance and non encumbrance.pdf | 30 Jul 2017 |
| Declaration in FORM BFile: Royal Fantacy Form B Notary.pdf | 29 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Royal Fantasy form no 1 Architect certificate.pdf | 29 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form No 2 Royal Fantasy Engineers Certificate.pdf | 29 Jul 2017 |
| Certificates of CA (Form 3)File: Form no3 Royal Fantasy.pdf | 29 Jul 2017 |
| Proforma of Allotment letterFile: AGREEMENT royal fantasy.pdf | 29 Jul 2017 |
| Layout approvalFile: Layout.pdf | 28 Jul 2017 |
| Building plan approvalFile: Building Plan.pdf | 28 Jul 2017 |
| Building plan approvalFile: Building Plan II.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: Building Plan.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: Building Plan II.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement cert.pdf | 28 Jul 2017 |
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How this compares with Satara
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- All 22 filed documents as one ZIP, foldered, with a manifest
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See every Satara project, with the district possession charts
Builder: ROYAL FANTASY BUILDERS AND DEVELOPERS
ROYAL FANTASY BUILDERS AND DEVELOPERS has 1 registration on MahaRERA, including SIDDHIVINAYK TOWER. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Satara district page.
Frequently asked questions
What are my rights if SIDDHIVINAYK TOWER is delayed beyond 31 Dec 2018?
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 SIDDHIVINAYK TOWER?
The registered promoter entity is ROYAL FANTASY 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 SIDDHIVINAYK TOWER?
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 SIDDHIVINAYK TOWER?
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 SIDDHIVINAYK TOWER?
The professionals named in the filing: Architect: SUMIT BAGADE. 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 SIDDHIVINAYK TOWER?
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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