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Completed No litigation declared Others project

THE GRAND BY PARKSYDE PHASE - 2

By JAIKUMAR CONSTRUCTIONS LTD

RG-MH-14994 · RERA P51600034104 · Last updated on MahaRERA portal: 13 Jun 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

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
  • Recorded completed on MahaRERA
  • All 12 completed 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 8 other registrations and every project registered within 2 km.

See what the report covers Free either way: or have every new Nashik registration emailed to you, free during the pilot beta.
Apr 2027Possession promisedregistration recorded completed
22 of 22Construction stages doneacross 2 buildings; every applicable stage filed complete
20 of 58Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 86 documents Report an error

THE GRAND BY PARKSYDE PHASE - 2 is a Others project by JAIKUMAR CONSTRUCTIONS LTD in Nashik, Maharashtra, registered with MahaRERA as P51600034104 on 24 Mar 2022. The registration is recorded completed; possession was promised by 30 Apr 2027. 38 of the 58 units on this registration are recorded sold or booked, and 22 of 22 construction stages are filed complete.

At a glance

Project

  • NameTHE GRAND BY PARKSYDE PHASE - 2
  • TypeOthers
  • Location
    • SURVEY NO 52 MOUJE CHANDSHI
    • NEAR BAPU BRIDGE
    • GANGAPUR ANNEX
    • NASHIK
    • CHANDSHI
    • Nashik
    • 422003
  • Pincode422003
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600034104
  • ReraGenie IDRG-MH-14994

Builder

  • NameJAIKUMAR CONSTRUCTIONS LTD
  • Entity typeCompany
  • CINU45100MH2020PLC338134
  • GSTIN27AAECJ7816J2Z7
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • DirectorsMERZYAN HOSI PATEL, HITEN HARIDAS RAJKOTIA
  • Other registrations8 more →
  • Completed4 of 9
  • Declared earlier projects21 →

Key dates

this monthRegisteredMar 2022PromisedApr 2027Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on24 Mar 2022
  • Promised completion30 Apr 2027
  • Revised completionNone
  • Buildings2 building records
  • Documents filed86 files

Current status

66%38 of 58 units booked
102.5%Work done, per cost certificate

Figures as on 13 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
CNA171629029
DNA171629029

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 13 Jun 2026, 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.

22 of 22 construction stages are filed complete across 2 buildings.

C100%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
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.100%
D100%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
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.100%

Progress on shared amenities15

As on 13 Jun 2026, 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 & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed173

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 slots173
Closed/Covered167
Open Space6
BuildingClosed/CoveredOpen SpaceTotal
C84387
D83386

Land and ownership2

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.

Land area4,262 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on12 Feb 2026
LandownerVillageDistrict
MANOJ JAIKUMAR TIBREWALANashikNashik
VISHAL VIKRAM SHAHNashik (M Corp.)Nashik

Approvals and building plan

Sanctioning authorityNMRDA
Permissible FSI12172.55
Proposed, not sanctioned12,173 sq m
Buildings approved2
Buildings sanctioned2

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 branchVASTUSHREE THATTHE NAGAR OFF COLLEGE ROAD NASHIK 422005
Estimated costRs 32.39 cr
Cost incurredRs 33.22 cr
Work done102.55%
BuildingWingEstimatedIncurred
CNARs 15.22 crRs 15.81 cr
DNARs 15.22 crRs 15.81 cr
-NARs 1.94 crRs 1.60 cr

Certifying professionals and partners6

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

RoleName
ArchitectAr Umesh Bagul
EngineerMr Puneet rai
EngineerPRASHANT BHAURAO BORSE
Chartered AccountantBKSK AND ASSOCIATES
Chartered AccountantBKSK & ASSOCIATES
Chartered AccountantS H A R P A A R T H & CO.
PartnerRole in project
JAIKUMAR CONSTRUCTIONS 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 14 Mar 2022
  2. Layout approvalOn the file

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

    uploaded 12 Feb 2022
  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 12 Feb 2022
  4. Commencement CertificateOn the file

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

    uploaded 12 Feb 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed86

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 86 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
Occupational CertificateFile: COMPLETION C AND D.pdf13 Jun 2026
Withdrawal Update Form 1File: ARCH- GRAND PHASE-2 MARCH 26.pdf13 May 2026
Withdrawal Update Form 1File: ARCH- GRAND PHASE-2 MARCH 26.pdf13 May 2026
Withdrawal Update Form 1File: ARCH- GRAND PHASE-2 MARCH 26.pdf13 May 2026
Withdrawal Update Form 2File: ENGINEER GRAND PHASE-2 .pdf13 May 2026
Withdrawal Update Form 2File: ENGINEER GRAND PHASE-2 .pdf13 May 2026
Withdrawal Update Form 2File: ENGINEER GRAND PHASE-2 .pdf13 May 2026
Withdrawal Update Form 3File: CA Grand Ph-2 Mar-26.pdf13 May 2026
Withdrawal Update Form 3File: CA Grand Ph-2 Mar-26.pdf13 May 2026
Withdrawal Update Form 3File: CA Grand Ph-2 Mar-26.pdf13 May 2026
Withdrawal Update Form 1File: ARCHITECT GRAND PHASE-2 JUNE-24.pdf27 Apr 2026
Withdrawal Update Form 2File: ENGINEER GRAND PHASE 2 MARCH-24.pdf27 Apr 2026
Withdrawal Update Form 3File: CA GRAND PHASE-2.pdf27 Apr 2026
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: GRAND PHASE-2 ENGINEERS JUNE-24.pdf19 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: GRAND PHASE-2 ENGINEERS SEPT-24.pdf19 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: GRAND PHASE-2 ENGINEERS DEC-24.pdf19 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE 2 SEPT-24.pdf18 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE 2 SEPT-24.pdf15 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Grand Phase 2 june 24.pdf14 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE 2 JUNE-24.pdf14 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE-2 DEC-24.pdf17 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE-2 SEPT-24.pdf28 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE-2 JUNE-24.pdf25 Jul 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE GRAND PHASE-2 MARCH-24.pdf9 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER GRAND PHASE 2 MARCH-24.pdf29 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE 2 MARCH-24.pdf29 Jun 2024
Home Buyer /Allottee Grievance Redressal CellFile: Grievance Redressal Cell- The Grand.pdf28 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: QUALITY GRAND PHASE 2.pdf20 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE-2 MARCH-24.pdf30 Apr 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 GRAND PHASE 2 2024.pdf7 Mar 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE GRAND PHASE 2 DEC-23.pdf6 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER GRAND PHASE 2 DEC-23.pdf1 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE 2 DEC-23.pdf1 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER GRAND PHASE 2 DEC-23.pdf26 Feb 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRNAD PHASE 2 DEC-23.pdf26 Feb 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE 2-DEC-23.pdf12 Jan 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE GRAND PHASE-2.pdf28 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER GRAND PHASE-2 SEP23.pdf16 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE-2 SEP-23.pdf16 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE 2 SEPT-23.pdf13 Oct 2023
Disclosure of sold/ booked inventoryFile: DISCLOSURE GRAND PHASE 2.pdf12 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER JUNE-23 GRAND PHASE 2.pdf6 Oct 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE-2 JUNE-23.pdf4 Sep 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE-2 JUNE-23.pdf31 Aug 2023
Disclosure of sold/ booked inventoryFile: DISCLOSURE GRAND P-2 MARCH-23.pdf5 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE 2 JUNE-23.pdf27 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 GRAND PHASE 2 ENGINEER.pdf17 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 CA GRAND P2 MARCH-23.pdf10 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 CA CERTIFICATE GRAND PHASE 2 MARCH-22.pdf25 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT GRAND PHASE 2 MARCH-23.pdf18 Apr 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: QUALITY PHASE-2.pdf11 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER DEC-22 GRAND PHASE 2.pdf18 Mar 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GRAND PHASE-2 DEC-22.pdf18 Mar 2023
Disclosure of sold/ booked inventoryFile: DISCLOSER GRAND CD DEC-22.pdf10 Mar 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: CA CERTIFICATE GRAND PHASE 2 MARCH-22.pdf17 Feb 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: GRAND ARCHITECH CERTIFICATE PHASE 2 Q3.pdf19 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Grand Phase-2 June 22.pdf3 Dec 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Grand Phase-2 Sept 22.pdf3 Dec 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Grand Phase-2 June 22.pdf3 Dec 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Grand Phase 2 Sept 22.pdf3 Dec 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Grand Phase-2 Sept 22.pdf13 Oct 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Archtect June 22 Phase-2.pdf18 Aug 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 20220712173643.pdf18 Aug 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20220713174901.pdf18 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Grand Phase-2 March 22.pdf9 Apr 2022
Copy of the legal title reportFile: Legal Title.pdf14 Mar 2022
Details of encumbrancesFile: Encumbrance Declaration.pdf14 Mar 2022
Declaration about Commencement CertificateFile: CC Dclaration Phase-2.pdf14 Mar 2022
Declaration in FORM BFile: Form -B Phase-2.pdf14 Mar 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Phase-2 Grand.pdf14 Mar 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Certificate Phase-2.pdf14 Mar 2022
CERSAI detailsFile: CERSAI_Search_Report_200232396951_For_Asset_Based_Search_14_03_2022_17_38_01_367.pdf14 Mar 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Phase-2.pdf14 Mar 2022
Proforma of Allotment letterFile: Declaration Allotment letetr and agreement.pdf14 Mar 2022
Layout approvalFile: Final Layout.pdf12 Feb 2022
Building plan approvalFile: 1.pdf12 Feb 2022
Building plan approvalFile: 7.pdf12 Feb 2022
Building plan approvalFile: 9.pdf12 Feb 2022
Building plan approvalFile: 5.pdf12 Feb 2022
PAN CardFile: PAN JCL.pdf12 Feb 2022

Promoter's earlier projects15

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.

12 delivered on promise3 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
PARKSYDE NEST PHASE - 1P51600025620PANCHAVATI ANNEX, Nashik-Jul 2020OngoingDec 2028Not due yet
THE PLATINUM MALL BY PARKSYDEP51600052862PANCHWATI ANNEX, Nashik756Oct 2023OngoingMay 2028Not due yet
PARKSYDE NEST PHASE - 2P51600025619PANCHAVATI ANNEX, Nashik-Jul 2020CompletedDec 2027Jun 2025
THE GRAND BY PARKSYDE PHASE - 1P51600034070CHANDSHI, Nashik121Mar 2022OngoingApr 2027Not due yet
PARKSYDE NEST PHASE - 3P51600025687[ANCHAVATI ANNEX, Nashik-Jul 2020CompletedJun 2026Sep 2024
PARKSYDE HOUSEP51600054662COLLEGE ROAD NASHIK, Nashik-Feb 2024CompletedApr 2026Jun 2025
PARKSYDE NEST PHASE-3AP51600033065PANCHAVATI ANNEX, Nashik-Feb 2022CompletedDec 2025Sep 2024
Parksyde Homes Phase 5AP51600004799Hanuman Nagar, Nashik-Aug 2017CompletedJun 2025Sep 2023
SHUBHARAMBHP51600030396PANCHAVATI ANNEX, Nashik187Aug 2021CompletedAug 2024Aug 2024
PARKSYDE HOMES PHASE 3PARKSYDE HOMES S NO 256 257 PART HANUMAN NAGAR NASHIK 4220033-CompletedDec 2021Nov 2020
PARKSYDE HOMES PHASE-2BPARKSYDE HOMES S NO 256 PART 257 PART PANCHAVATI ANNEX NASHIK3-CompletedApr 2020Nov 2018
PARKSYDE HOMES PHASE-2AS NO. 256 257 PART HANUMAN NAGAR PANCHAVATI ANNEX NASHIK 4220033-CompletedApr 2020Apr 2019
PARKSYDE HOMES PHASE-4BPARKSYDE HOMES S NO 256 PART 257 PART HANUMAN NAGAR PANCHAVATI NASHIK-4220032-CompletedOct 2019Jul 2019
PARKSYDE HOMES PHASE-4APARKSYDE HOMES S NO. 256 PART 257 PART HANUMAN NAGAR PANCHAVATI ANNEX NASHIK4-CompletedMar 2019Nov 2018
PARKSYDE HOMES PHASE-1PARKSYDE HOMES S NO 256 257 PART HANUMAN NAGAR NASHIK 4220035-CompletedJun 2018Oct 2017

How this compares with Nashik

66%of this project is bookeddistrict median 17%
10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is completed

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik 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 CHANDSHI4,100+ in Nashik

2 kmTHE GRAND BY PARKSYDE PHCompleted 41Lapsed / revoked 20Other 46Dot size: filed unitsN

Filed coordinates, straight-line distance. 107 registered projects within 2 km.

Builder: JAIKUMAR CONSTRUCTIONS LTD

JAIKUMAR CONSTRUCTIONS LTD has 9 registrations on MahaRERA, including PARKSYDE NEST PHASE - 1 and PARKSYDE NEST PHASE - 2. Its filings disclose 21 earlier MahaRERA projects: declares 17 of 17 past projects completed on time. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if THE GRAND BY PARKSYDE PHASE - 2 is delayed beyond 30 Apr 2027?

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 THE GRAND BY PARKSYDE PHASE - 2?

The registered promoter entity is JAIKUMAR CONSTRUCTIONS LTD, a company as per the filing. Its CIN U45100MH2020PLC338134 and GSTIN 27AAECJ7816J2Z7 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 THE GRAND BY PARKSYDE PHASE - 2?

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 THE GRAND BY PARKSYDE PHASE - 2?

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 THE GRAND BY PARKSYDE PHASE - 2?

The professionals named in the filing: Architect: Ar Umesh Bagul; Engineer: Mr Puneet rai; Engineer: PRASHANT BHAURAO BORSE; Chartered Accountant: BKSK AND ASSOCIATES; Chartered Accountant: BKSK & ASSOCIATES; Chartered Accountant: S H A R P A A R T H & CO.. 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 THE GRAND BY PARKSYDE PHASE - 2?

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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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.

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