Home / Browse projects / Satara, Maharashtra / SUVARNBHASKAR RESIDENCY
SUVARNBHASKAR RESIDENCY
RG-MH-22776 · RERA P52700032128 · Last updated on MahaRERA portal: 17 Apr 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 11 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
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SUVARNBHASKAR RESIDENCY is a Residential / Group Housing project by SUVARNBHASKAR DEVELOPERS in Satara, Maharashtra, registered with MahaRERA as P52700032128 on 14 Dec 2021. The registration is recorded completed; possession was promised by 24 Dec 2025. The completion date has moved by 11 months from the original filing.
At a glance
Project
- NameSUVARNBHASKAR RESIDENCY
- TypeResidential / Group Housing
- Location
- SATARA MEDHA ROAD
- DAULATNAGAR
- Karanje Tarf Satara (CT)
- Satara
- 415002
- Pincode415002
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52700032128
- ReraGenie IDRG-MH-22776
Builder
- NameSUVARNBHASKAR DEVELOPERS
- Entity typePartnership
- GSTIN27AENFS1821C1Z6
- PartnersPARAG MADHAV JADHAV, JAYASHRI PARAG JADHAV, DHAVAL BHASKARRAO KADAM, DIGVIJAY BHASKARRAO KADAM
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on14 Dec 2021
- Promised completion24 Dec 2025
- Revised completionRevised to 24 Dec 2025 (originally 1 Jan 2025)
- Buildings2 building records
- Documents filed89 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A WING | NA | 7 | 0 | 0 | 0 | 0 |
| B WING | 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 building2
As on 17 Apr 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.
19 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is External plumbing and external plaster, at 87%.
A WING100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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% |
B WING96%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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 | 85% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 87% |
| 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. | 85% |
Progress on shared amenities15
As on 17 Apr 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 | Yes | 87% |
| 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 | Yes | 95% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed118
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.
| Building | Closed/Covered | Total |
|---|---|---|
| A WING | 69 | 69 |
| B WING | 49 | 49 |
Land and ownership1
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| SUVARNBHASKAR DEVELOPERS | Satara | Satara |
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 partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SAGAR RAMCHANDRA PAWAR |
| Engineer | NITIN SUBHASHRAO JADHAV |
| Chartered Accountant | JIVAN JAGTAP AND ASSOCIATES |
| Chartered Accountant | mayuresh charudatt bagal |
| Chartered Accountant | Jivan Vijaysinh Jagtap |
| Partner | Role in project |
|---|---|
| SUVARNBHASKAR DEVELOPERS | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe are nearly to complete our project as we have got revised sanction so our project get delayed to complete in time period we are near to complete with revised plan and will apply for completion certificate in next two months . So We want this proposed extension time for completion of project and other legal entities such as occupancy certificate, final society formation, conveyance deed, etc.
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 29 Nov 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Nov 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 12 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Nov 2024Confirm 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 17 Apr 2025
Documents filed89
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 89 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.
| Document | Uploaded |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Suvarnbhaskar Complition - Order.pdf | 17 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 FInal Q3 24-25_compressed.pdf | 26 Mar 2025 |
| Details of encumbrances concerned to FinanceFile: DEC OF LEGAL.PDF | 14 Feb 2025 |
| Details of encumbrances concerned to LegalFile: DEC OF LEGAL.PDF | 14 Feb 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DIS OF INT.pdf | 14 Feb 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: SEC UNSEC.PDF | 14 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 OF Q1_0001.pdf | 12 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 OF Q2_0001.pdf | 12 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 Q3_0001.pdf | 12 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 OF Q4_0001.pdf | 12 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 OF FY 2023-24 Q-1_0001_11zon.pdf | 12 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 OF Q4_0001_11zon.pdf | 12 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 OF Q3_0001_11zon.pdf | 12 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 OF Q2_0001_11zon.pdf | 12 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 OF Q4_0001.pdf | 12 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 OF Q2_0001.pdf | 12 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 OF Q1_0001.pdf | 12 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Q3_0001.pdf | 12 Feb 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DISCLOSURE OF INTEREST ANNEXTURE-A_0001.pdf | 12 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A FY 2023-24_0001.pdf | 12 Feb 2025 |
| Proforma of Agreement for saleFile: 1 Proforma of Allotment letter (2).pdf | 8 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_.pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 20 Jan 2025 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.PDF | 23 Dec 2024 |
| Declaration in FORM BFile: FORM B.PDF | 23 Dec 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: BANK FORMAT A.PDF | 23 Dec 2024 |
| Deviation Report with respect to Allotment letterFile: NO DEV ALLOTMENT.PDF | 23 Dec 2024 |
| Deviation Report with respect to model copy of AgreementFile: NO DEV AGREEMENT.PDF | 23 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2 Final.pdf | 19 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Unsold Inventory.pdf | 19 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Final_11zon.pdf | 19 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Final_11zon.pdf | 19 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2 Final.pdf | 19 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Unsold Inventory.pdf | 19 Nov 2024 |
| Building plan approvalFile: Building Plan 1-5.pdf | 12 Nov 2024 |
| Building plan approvalFile: Building Plan 2-5.pdf | 12 Nov 2024 |
| Building plan approvalFile: Building Plan 3-5.pdf | 12 Nov 2024 |
| Building plan approvalFile: Building Plan 4-5.pdf | 12 Nov 2024 |
| Building plan approvalFile: Building Plan 5-5.pdf | 12 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: ORDER.pdf | 12 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan 1-5.pdf | 12 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan 2-5.pdf | 12 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan 3-5.pdf | 12 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan 4-5.pdf | 12 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan 5-5.pdf | 12 Nov 2024 |
| Declaration about Commencement CertificateFile: DEL OF CC.PDF | 12 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1_Architect Certificate.pdf | 28 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3_CA Certificate_11zon.pdf | 28 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2_Engineer Certificate.pdf | 28 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5_SIGNED.pdf | 10 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 Q 1 S.pdf | 20 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 S Q1.pdf | 20 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 Q1 UP TO 30-06-2024_.pdf | 20 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 ARCHI.pdf | 14 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ENGE.pdf | 14 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf | 14 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 3 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 3 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SUVRANBHASKAR.pdf | 3 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Suvanbhaskar Engg cer 2A.pdf | 19 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SUVERNABHASKAR RERA FORM 3 TILL 31-03-2023 1.pdf | 17 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: SUVARANBHASKAR DEVELOPERS FORM 5_0001.pdf | 17 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SB arch cer.pdf | 30 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: SB Engg Cer 21-22.pdf | 28 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: SB Engg cr.pdf | 28 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: SB Inventory.pdf | 28 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 AUDIT REPORT 2021-22.pdf | 18 Jul 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 AUDIT REPORT 2021-22.pdf | 30 Mar 2023 |
| CERSAI detailsFile: CERSAI REPORT.pdf | 10 Dec 2021 |
| Layout approvalFile: PLAN 1.pdf | 29 Nov 2021 |
| Building plan approvalFile: PLAN 1.pdf | 29 Nov 2021 |
| Building plan approvalFile: PLAN 2.pdf | 29 Nov 2021 |
| Building plan approvalFile: PLAN 3.pdf | 29 Nov 2021 |
| PAN CardFile: SUVARNBHASKAR DEVELOPERS PAN.pdf | 29 Nov 2021 |
| Copy of the legal title reportFile: SEARCH REPORT.pdf | 29 Nov 2021 |
| Details of encumbrancesFile: ENCUMBRANCE CERTIFICATE.pdf | 29 Nov 2021 |
| Copy of Layout Approval (in case of layout)File: PLAN 1.pdf | 29 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: PLAN 1.pdf | 29 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: PLAN 2.pdf | 29 Nov 2021 |
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- All 89 filed documents as one ZIP, foldered, with a manifest
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Builder: SUVARNBHASKAR DEVELOPERS
SUVARNBHASKAR DEVELOPERS has 1 registration on MahaRERA, including SUVARNBHASKAR RESIDENCY. 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 SUVARNBHASKAR RESIDENCY is delayed beyond 24 Dec 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 SUVARNBHASKAR RESIDENCY?
The registered promoter entity is SUVARNBHASKAR DEVELOPERS, a partnership as per the filing. Its GSTIN 27AENFS1821C1Z6 can be cross-checked on the MCA and GST portals. 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 SUVARNBHASKAR RESIDENCY?
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 SUVARNBHASKAR RESIDENCY?
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 SUVARNBHASKAR RESIDENCY?
The professionals named in the filing: Architect: SAGAR RAMCHANDRA PAWAR; Engineer: NITIN SUBHASHRAO JADHAV; Chartered Accountant: JIVAN JAGTAP AND ASSOCIATES; Chartered Accountant: mayuresh charudatt bagal; Chartered Accountant: Jivan Vijaysinh Jagtap. 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 SUVARNBHASKAR RESIDENCY?
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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