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Registration lapsed No litigation declared Commercial project

UTTAM MARKET

By ramesh mohanlal chordia

RG-MH-24488 · RERA P52100005687 · Last updated on MahaRERA portal: 26 Mar 2024

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 58 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

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 2021Possession promised58 months past this date
3 of 11Construction stages donefurthest along: Sanitary Fittings within the flats /..., 90%
0Complaints at MahaRERAon this registration
Jump to the 26 documents Report an error

UTTAM MARKET is a Commercial project by ramesh mohanlal chordia in Pune, Maharashtra, registered with MahaRERA as P52100005687 on 11 Aug 2017. Possession was promised by 30 Dec 2021 and is now 58 months past that date.

At a glance

Project

  • NameUTTAM MARKET
  • TypeCommercial
  • Location
    • Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 411019
  • Pincode411019
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100005687
  • ReraGenie IDRG-MH-24488

Builder

  • Nameramesh mohanlal chordia
  • Entity typeIndividual

Key dates

58 months past promisethis monthRegisteredAug 2017PromisedDec 2021

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on11 Aug 2017
  • Promised completion30 Dec 2021
  • Revised completionNone
  • Buildings1 building record
  • Documents filed26 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
UTTAM MARKET A AND BNA50000

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 26 Mar 2024, 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.

3 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 90%.

UTTAM MARKET A AND B: 71% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises80%
Sanitary Fittings within the flats / premises90%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks90%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.80%
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.60%

Progress on shared amenities15

As on 26 Mar 2024, 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 SupplyYes70%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes80%
Storm Water DrainsYes80%
Landscaping & Tree PlantingNoNot applicable
Street LightingYes85%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntYes80%
Fire protection and fire safety requirementsYes80%
Electrical meter room, sub-station, receiving stationYes80%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed23

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 slots23
Closed/Covered17
Open Space6

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 area1,474 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI4278.67
Proposed, not sanctioned3,842 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 branchSHANKAR SHETH ROAD PUNE

Certifying professionals and partners1

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

RoleName
ArchitectDAYANAND SHINDE
PartnerRole in project
ramesh mohanlal chordia-

Litigation declared1

CaseCourtStatus
SPL C S NO 564/2013CIVIL JUDGE SENIOR DIVISION SHIVAJI NAGAR PUNESERVICE OF SUMMONS AND ARGUMENT ON AMENDED PLAINT FILED BY PLAINTIFF

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 31 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 31 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 31 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 31 Jul 2017Confirm 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 filed26

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
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 22-23 uttam market.pdf26 Mar 2024
Disclosure of sold/ booked inventoryFile: sold_11zon.pdf26 Aug 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest.pdf26 Aug 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seperate Bank Account.pdf26 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 19-20.pdf4 Feb 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 20-21.pdf4 Feb 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 21-22 FINAL.pdf4 Feb 2023
CERSAI detailsFile: CERSAI_Search_Report_200251887532_For_Debtor_Based_Search_11_11_2022_13_04_38_672.pdf4 Feb 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 230413180026_0001.pdf4 Feb 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: form 5 -17-18-20220113144235_compressed.pdf17 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: form5-18-19-20220113144449_compressed.pdf17 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: form5-19-20-20220113144558_compressed.pdf17 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: form5-20-21-20220113144713_compressed.pdf17 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: Form 5 17-18.pdf11 Jan 2022
Layout approvalFile: Layout.pdf31 Jul 2017
Building plan approvalFile: Plan.pdf31 Jul 2017
Copy of the legal title reportFile: SearchTitleReport.pdf31 Jul 2017
Details of encumbrancesFile: EncumbranceCFT.pdf31 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout.pdf31 Jul 2017
Building Plan Approval (IOD)File: Plan.pdf31 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf31 Jul 2017
Declaration in FORM BFile: FormB.pdf31 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ArchitectCft.pdf31 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate.pdf31 Jul 2017
Certificates of CA (Form 3)File: Form3.pdf31 Jul 2017
Proforma of Allotment letterFile: AgrRERA.pdf31 Jul 2017

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is among them

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune 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 Pimpri Chinchawad (M Corp.)13,700+ in Pune

2 kmUTTAM MARKETCompleted 33Lapsed / revoked 37Other 51Dot size: filed unitsN

Filed coordinates, straight-line distance. 121 registered projects within 2 km.

Builder: ramesh mohanlal chordia

ramesh mohanlal chordia has 1 registration on MahaRERA, including UTTAM MARKET. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that UTTAM MARKET shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if UTTAM MARKET is delayed beyond 30 Dec 2021?

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 UTTAM MARKET?

The registered promoter entity is ramesh mohanlal chordia, an individual 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 UTTAM MARKET?

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 UTTAM MARKET?

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 UTTAM MARKET?

The professionals named in the filing: Architect: DAYANAND SHINDE. 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 UTTAM MARKET?

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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