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Completed No litigation declared Residential / Group Housing project

The Pinnacle

By GERARIE ENTERPRISES AND DEVELOPERS PVT. LTD

RG-MH-10106 · RERA P51800005304 · Last updated on MahaRERA portal: 3 Feb 2020

Source: official MahaRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • 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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Dec 2019Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 34 documents Report an error

The Pinnacle is a Residential / Group Housing project by GERARIE ENTERPRISES AND DEVELOPERS PVT. LTD in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800005304 on 11 Aug 2017. The registration is recorded completed; possession was promised by 31 Dec 2019. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameThe Pinnacle
  • TypeResidential / Group Housing
  • Location
    • DR. RAJENDRA PRASAD ROAD
    • MULUND (W)
    • Kurla
    • Mumbai Suburban
    • 400080
  • Pincode400080
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800005304
  • ReraGenie IDRG-MH-10106

Builder

  • NameGERARIE ENTERPRISES AND DEVELOPERS PVT. LTD
  • Entity typeCompany
  • ChairpersonAshoak Shah

Key dates

this monthRegisteredAug 2017First promiseDec 2018Revised toDec 2019Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on11 Aug 2017
  • Promised completion31 Dec 2019
  • Revised completionRevised to 31 Dec 2019 (originally 31 Dec 2018)
  • Buildings1 building record
  • Documents filed34 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Jamnaram CHS LTDNA230000

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 3 Feb 2020, 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%.

Jamnaram CHS LTD: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
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 3 Feb 2020, 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 & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed75

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 slots75
Closed/Covered75

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.

Land area1,217 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI4261.34
Proposed, not sanctioned3,281 sq m
Buildings approved1
Buildings sanctioned1

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 branchRunwal Residency, DK Sandhu Marg, Chembur, Mumbai 400071

Certifying professionals and partners2

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

RoleName
ArchitectMr. Jitendra Dewoolkar
EngineerGireesh M.Rajadhyaksha
PartnerRole in project
GERARIE ENTERPRISES AND DEVELOPERS PVT. LTD-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51800000964Dec 2018 → Dec 2019

Reason as filed by the promoterThe Secretary, Maharashtra Real Estate Regulatory Authority 3rd Floor, A-Wing, Slum Rehabilitation Authority, Administrative Building, Anant Kanekar Marg, Bandra (E), Mumbai 400051 SUBJECT: Extension of Date of Completion of the project ‘The Pinnacle’ RERA Registration Number: P51800005304 Dear Sir, With reference to the captioned subject, we would like to inform your goodself that our project ‘The Pinnacle’ is registered on the MahaRERA webportal vide Registration Number: P51800005304. The registration certificate was issued for the period ending 31 December 2018 (A copy of the certificate is

Litigation declared2

CaseCourtStatus
1335/2016Bombay High CourtPending
551 of 2017/2017Arbitrator appointed under Direction of Bombay High courtHearing going on

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 21 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 24 Jul 2017
  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 24 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 26 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 3 Feb 2020

Documents filed34

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.

DocumentUploaded
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 2230699_OC_signed.pdf3 Feb 2020
Architect’s Certificate on Completion of Project (Form 4)File: Jamnaram form 4.pdf3 Feb 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ELLORA.pdf28 Jan 2020
Form 2AFile: FORM 2A.pdf28 Jan 2020
Certificates of CA (Form 3)File: GEDPL - Form 3-.pdf20 Jan 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2.pdf22 Oct 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Certificates of Architect.pdf22 Oct 2019
Certificates of CA (Form 5)File: Form 5_FY 2018-19.pdf30 Sep 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 Jamnaram.pdf12 Jul 2019
Certificates of CA (Form 3)File: Form 3 (1).pdf12 Jul 2019
Certificates of CA (Form 3)File: Jamnaram Rera 07-07-2019.pdf12 Jul 2019
Form 2AFile: FORM 2A - jamnaram.pdf21 Dec 2018
Form 2AFile: FORM 2A - jamnaram.pdf21 Dec 2018
Certificates of CA (Form 3)File: Form 3_uploaded.pdf20 Nov 2018
Certificates of CA (Form 5)File: Gerarie Form 5.pdf13 Oct 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1- Jamnaram Rera 30-09-2018-.pdf12 Oct 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 - Jamnaram 30-09-18.pdf12 Oct 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 - Jamnaram 30-09-18.pdf12 Oct 2018
Certificates of CA (Form 3)File: Gerarie Form 5.pdf12 Oct 2018
Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Registration Certificate.pdf27 Mar 2018
Certificates of CA (Form 3)File: Pinnacle CA Certificate.pdf28 Jul 2017
Proforma of Allotment letterFile: AFS Pinnacle- RERA 28072017.pdf28 Jul 2017
OtherFile: Conveyance Deed Jamnaram NM- 28072017.pdf28 Jul 2017
Details of encumbrancesFile: Self Declaration -Encumbrances - P.pdf26 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Full CC - P.pdf26 Jul 2017
Declaration in FORM BFile: AFFIDAVIT CUM dECLARATION.pdf26 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf26 Jul 2017
Building plan approvalFile: IOD.pdf24 Jul 2017
Layout approvalFile: Copy of Layout.pdf24 Jul 2017
Copy of Layout Approval (in case of layout)File: Copy of Layout.pdf24 Jul 2017
Building Plan Approval (IOD)File: IOD.pdf24 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form_1-_PINNACLE.pdf24 Jul 2017
PAN CardFile: Pan card.pdf21 Jul 2017
Copy of the legal title reportFile: TITLE CERTIFICATE.pdf21 Jul 2017

How this compares with Mumbai Suburban

33%of Mumbai Suburban projects moved their completion datethis one moved by 12 months
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is completed

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 MULUND (W)6,700+ in Mumbai Suburban

2 kmThe PinnacleCompleted 124Lapsed / revoked 97Other 153Dot size: filed unitsN

Filed coordinates, straight-line distance. 374 registered projects within 2 km.

Builder: GERARIE ENTERPRISES AND DEVELOPERS PVT. LTD

GERARIE ENTERPRISES AND DEVELOPERS PVT. LTD has 1 registration on MahaRERA, including The Pinnacle. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if The Pinnacle is delayed beyond 31 Dec 2019?

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 Pinnacle?

The registered promoter entity is GERARIE ENTERPRISES AND DEVELOPERS PVT. LTD, a company 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 The Pinnacle?

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 Pinnacle?

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 Pinnacle?

The professionals named in the filing: Architect: Mr. Jitendra Dewoolkar; Engineer: Gireesh M.Rajadhyaksha. 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 Pinnacle?

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.

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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