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Completed No litigation declared Residential / Group Housing project

THE PINNACLE

By BHAKTI ENTERPRISE

RG-MH-73563 · RERA P99000045385 · Last updated on MahaRERA portal: 12 Feb 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 12 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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Dec 2026Possession promisedregistration recorded completed
7 of 11Construction stages donefurthest along: Installation of Lifts, 85%
43 of 84Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 90 documents Report an error

THE PINNACLE is a Residential / Group Housing project by BHAKTI ENTERPRISE in Palghar, Maharashtra, registered with MahaRERA as P99000045385 on 18 May 2022. The registration is recorded completed; possession was promised by 31 Dec 2026. The completion date has moved by 12 months from the original filing. 41 of the 84 units on this registration are recorded sold or booked, and 7 of 11 construction stages are filed complete.

At a glance

Project

  • NameTHE PINNACLE
  • TypeResidential / Group Housing
  • Location
    • Nilemore
    • Vasai
    • Palghar
    • Vasai-Virar City (M Corp)
    • Vasai
    • Palghar
    • 401203
  • Pincode401203
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P99000045385
  • ReraGenie IDRG-MH-73563

Builder

  • NameBHAKTI ENTERPRISE
  • Entity typePartnership
  • PartnersChetan Champaklal Shah, Chandrakant Shantilal Siroya, Hetal Mehul Siroya

Key dates

this monthRegisteredMay 2022First promiseDec 2025Revised toDec 2026Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on18 May 2022
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2025)
  • Buildings1 building record
  • Documents filed90 files

Current status

49%41 of 84 units booked
96.7%Work done, per cost certificate

Figures as on 12 Feb 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
THE PINNACLENA161584084

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 12 Feb 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.

7 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 85%.

THE PINNACLE: 77% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
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 / premises60%
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.85%

Progress on shared amenities15

As on 12 Feb 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed38

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 slots38
Closed/Covered38

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.

Land area1,422 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on5 Sep 2025
LandownerVillageDistrict
Nirman AssociatesAndheriMumbai Suburban

Approvals and building plan

Sanctioning authorityVasai Virar City Municipal Corporation
Permissible FSI5213.01
Proposed, not sanctioned4,789 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 branchNarayani Kutir Ground Floor 60 Feet Road Dr Ambedkar Marg Bhayander West Thane 401101
Estimated costRs 12.58 cr
Cost incurredRs 12.16 cr
Work done96.7%
BuildingWingEstimatedIncurred
THE PINNACLENARs 12.42 crRs 12.08 cr
-NARs 16.00 lakhRs 8.00 lakh

Certifying professionals and partners5

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

RoleName
ArchitectAJAY WADE AND ASSOCIATES
EngineerParesh Unnarkar
EngineerGAURAV MISHRA
Chartered AccountantShah & Vejani
Chartered AccountantDarshan Kishor Shah
PartnerRole in project
BHAKTI ENTERPRISE-

Extensions applied for1

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

EXT99000019757Dec 2025 → Dec 2026

Reason as filed by the promoterThe start of the project got delayed due to delay in receiving NOC from Railways.

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 3 Jan 2022
  2. Layout approvalOn the file

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

    uploaded 9 May 2024
  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 9 May 2024
  4. Commencement CertificateOn the file

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

    uploaded 7 May 2024Confirm 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 filed90

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 90 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: Cert_FO_593933_445Y3OVmSign11.pdf12 Feb 2026
Withdrawal Update Form 1File: FORM 1 31-12-2025.pdf2 Feb 2026
Withdrawal Update Form 2File: FORM 2 31-12-2025.pdf2 Feb 2026
Withdrawal Update Form 3File: FORM 3 Q3 2025-26_Signed.pdf2 Feb 2026
Withdrawal Update Form 1File: Form 1.pdf6 Nov 2025
Withdrawal Update Form 1File: Form 1.pdf6 Nov 2025
Withdrawal Update Form 2File: From 2.pdf6 Nov 2025
Withdrawal Update Form 2File: From 2.pdf6 Nov 2025
Withdrawal Update Form 3File: FORM 3 Final to Upload.pdf6 Nov 2025
Withdrawal Update Form 3File: FORM 3 Final to Upload.pdf6 Nov 2025
Form 2A (FY 2024-2025)File: GAURAV MISHRA FORM - 2A.pdf4 Oct 2025
Form 5 (FY 2024-2025)File: FORM 5 final to upload.pdf5 Sep 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf24 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Q4 Final to upload.pdf24 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf24 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf21 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Q3 2024-25 Final.pdf21 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf21 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf29 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Q2 Final Signed.pdf29 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf29 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf13 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf13 Aug 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 Q1 Final_11zon.pdf13 Aug 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 (23-24) Final.pdf13 Aug 2024
Declaration in FORM BFile: FORM - B Final.pdf26 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2A RAKESH PATEL 31-03-23.pdf26 Jun 2024
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Unsold inventory Signed.pdf26 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A GAURAV MISHRA 31-03-24_Final.pdf10 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A NA Bhakti.pdf6 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A NA Bhakti.pdf6 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A NA Bhakti.pdf6 Jun 2024
Layout approvalFile: LP Final.pdf9 May 2024
Building plan approvalFile: BP 1.pdf9 May 2024
Building plan approvalFile: BP 2.pdf9 May 2024
Copy of Layout Approval (in case of layout)File: LP Final.pdf9 May 2024
Building Plan Approval / NA Order for plotted developmentFile: BP 1.pdf9 May 2024
Building Plan Approval / NA Order for plotted developmentFile: BP 2.pdf9 May 2024
Declaration in FORM BFile: RERA DECLARATION.pdf9 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 WADE 31-03-2024.pdf9 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 unnarkar 31-03-2024.pdf9 May 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Q4 2023-24 Signed Final.pdf9 May 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: CHANDRAKANT SIROYA.pdf9 May 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: CHETAN SHAH.pdf9 May 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: HETAL SIROYA (1).pdf9 May 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: MEHUL SIROYA (1).pdf9 May 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: BANK FORMAT (1).pdf9 May 2024
Commencement Certificates / NA Order for plotted developmentFile: 16-02-2024 CC_compressed.pdf7 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf7 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: GAURAV MISHRA 31-03-24.pdf7 May 2024
Proforma of Agreement for saleFile: RERA AFS.pdf7 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf25 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf25 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Signed_Final.pdf25 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf8 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf7 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q2 Final to Upload Signed.pdf7 Dec 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Final to Upload.pdf4 Nov 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera final Form to upload Signed.pdf31 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect.pdf11 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineer 30-06-2023.pdf11 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera Q1 23-24 Final.pdf11 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 signed.pdf5 May 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf4 May 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf4 May 2023
Other - TechnicalFile: Form 2A.pdf4 May 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf2 Feb 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA Form-1 (Chetanbhai).pdf2 Feb 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_compressed.pdf2 Feb 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Paresh Unnarkar 31-12-2022.pdf2 Feb 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final form 3.pdf2 Feb 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3.pdf2 Feb 2023
Proforma of Allotment letterFile: Draft Agreement for Sale.pdf11 May 2022
Building plan approvalFile: Building Plan (2).pdf12 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: Building Plan (2).pdf12 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3.pdf12 Apr 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate.pdf8 Apr 2022
Details of encumbrancesFile: Encumberance Certificate.pdf23 Feb 2022
Declaration about Commencement CertificateFile: Declaration about CC.pdf23 Feb 2022
CERSAI detailsFile: CERSAI.pdf23 Feb 2022

How this compares with Palghar

49%of this project is bookeddistrict median 25%
31%of Palghar projects moved their completion datethis one moved by 12 months
26%of Palghar registrations have lapsed or been cancelledthis one is completed

Computed across the 3,200+ Palghar projects on ReraGenie, from their own filings.

Free monthly report: Vasai-Virar and Palghar 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 Vasai, Palghar3,200+ in Palghar

2 kmTHE PINNACLECompleted 56Lapsed / revoked 47Other 122Dot size: filed unitsN

Filed coordinates, straight-line distance. 225 registered projects within 2 km.

Builder: BHAKTI ENTERPRISE

BHAKTI ENTERPRISE 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 Palghar district page.

Frequently asked questions

What are my rights if THE PINNACLE is delayed beyond 31 Dec 2026?

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 BHAKTI ENTERPRISE, 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 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: AJAY WADE AND ASSOCIATES; Engineer: Paresh Unnarkar; Engineer: GAURAV MISHRA; Chartered Accountant: Shah & Vejani; Chartered Accountant: Darshan Kishor Shah. 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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