Home / Browse projects / Kolhapur, Maharashtra / THE WAVE
THE WAVE
RG-MH-81980 · RERA P53000050691 · Last updated on MahaRERA portal: 28 Apr 2026
Source: official MahaRERA filing
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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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 1 other registration and every project registered within 2 km.
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THE WAVE is a Residential / Group Housing project by NARAYAN AUTO WORKS in Kolhapur, Maharashtra, registered with MahaRERA as P53000050691 on 28 Apr 2023. Possession is promised by 31 Dec 2026. 0 of the 13 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete.
At a glance
Project
- NameTHE WAVE
- TypeResidential / Group Housing
- Location
- E ward
- Shivaji Park
- Kolhapur (M Corp.)
- Karvir
- Kolhapur
- 416003
- Pincode416003
- MapView location on Google Maps (as filed on RERA)
- RERA no.P53000050691
- ReraGenie IDRG-MH-81980
Builder
- NameNARAYAN AUTO WORKS
- Entity typePartnership
- PartnerAnupa Sameer Bandekar
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Apr 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed65 files
Current status
Figures as on 28 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| The Wave | NA | 6 | 6 | 13 | 0 | 13 |
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 28 Apr 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.
9 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 95%.
The Wave: 90% 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. | 95% |
Progress on shared amenities15
As on 28 Apr 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed33
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
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.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| The Wave | NA | Rs 7.50 cr | Rs 6.67 cr |
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ar Chitanya Bhurke Bhurke |
| Engineer | Jaysinh Deshmukh Deshmukh |
| Chartered Accountant | Sudhir S Sohani Sohani |
| Partner | Role in project |
|---|---|
| NARAYAN AUTO WORKS | - |
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 11 Apr 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 11 Apr 2023 - 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 Apr 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 11 Apr 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2026
Documents filed65
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 |
|---|---|
| Withdrawal Update Form 1File: Form 1.pdf | 28 Apr 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 28 Apr 2026 |
| Withdrawal Update Form 3File: form 3.pdf | 28 Apr 2026 |
| Form 1File: Form 1.pdf | 29 Jul 2025 |
| Form 2File: Form 2.pdf | 29 Jul 2025 |
| Form 3File: Form 3.pdf | 29 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold unsold inventory.pdf | 29 Jul 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 29 Jul 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 29 Jul 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 29 Jul 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 29 Jul 2025 |
| Withdrawal Update Form 3File: form 3.pdf | 29 Jul 2025 |
| Withdrawal Update Form 3File: form 3.pdf | 29 Jul 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Dec.pdf | 29 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Dec.pdf | 29 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Sep.pdf | 20 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Dec.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Sep.pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Sep.pdf | 20 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold unsold SEP.pdf | 20 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold unsold DEC.pdf | 20 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 11 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 11 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold inventory.pdf | 11 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 11 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 9 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 9 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A.pdf | 9 May 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory.pdf | 9 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 9 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect.pdf | 13 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer .pdf | 13 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold units.pdf | 13 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certifiacte.pdf | 13 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CERTIFICATION-1.pdf | 21 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CERTIFICATION-2.pdf | 21 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Jun 2023.pdf | 20 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 sep 2023.pdf | 20 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 jun 2023.pdf | 20 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Sep 2023.pdf | 20 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory Jun 23.pdf | 20 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Inventory Sep 23.pdf | 20 Oct 2023 |
| Other - FinanceFile: CA Certificate final.pdf | 26 Apr 2023 |
| CERSAI detailsFile: Narayan auto works.pdf | 24 Apr 2023 |
| Building plan approvalFile: Plan.pdf | 12 Apr 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan.pdf | 12 Apr 2023 |
| CERSAI detailsFile: CERSAI_Search_Report.pdf | 12 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A Final.pdf | 12 Apr 2023 |
| Layout approvalFile: lay-out (2).PDF | 11 Apr 2023 |
| PAN CardFile: PAN.pdf | 11 Apr 2023 |
| Copy of the legal title reportFile: Legal Title Report.pdf | 11 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: Concern Finance.pdf | 11 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: Concern To Legal.pdf | 11 Apr 2023 |
| Details of encumbrances concerned to LegalFile: Concern Finance.pdf | 11 Apr 2023 |
| Details of encumbrances concerned to LegalFile: Concern To Legal.pdf | 11 Apr 2023 |
| Copy of Layout Approval (in case of layout)File: lay-out (2).PDF | 11 Apr 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 11 Apr 2023 |
| Declaration about Commencement CertificateFile: Format D.pdf | 11 Apr 2023 |
| Declaration in FORM BFile: FormB.pdf | 11 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 11 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf | 11 Apr 2023 |
| Proforma of Agreement for saleFile: Building Agreement to Sell as per RERA Act.pdf | 11 Apr 2023 |
| Proforma of Allotment letterFile: Allottment Letter - New.pdf | 11 Apr 2023 |
| Deviation Report with respect to Allotment letterFile: No Deviation Allottement.pdf | 11 Apr 2023 |
| Deviation Report with respect to model copy of AgreementFile: No Deviation agreement.pdf | 11 Apr 2023 |
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Builder: NARAYAN AUTO WORKS
NARAYAN AUTO WORKS has 2 registrations on MahaRERA, including THE WAVE and THE CLAY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Kolhapur district page.
Frequently asked questions
What are my rights if THE WAVE 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 WAVE?
The registered promoter entity is NARAYAN AUTO WORKS, 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 WAVE?
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 WAVE?
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 WAVE?
The professionals named in the filing: Architect: Ar Chitanya Bhurke Bhurke; Engineer: Jaysinh Deshmukh Deshmukh; Chartered Accountant: Sudhir S Sohani Sohani. 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 WAVE?
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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