Home / Browse projects / Nashik, Maharashtra / VALENCIA RIVERSIDE APARTMENT
VALENCIA RIVERSIDE APARTMENT
RG-MH-15518 · RERA P51600034969 · Last updated on MahaRERA portal: 2 May 2026
Source: official MahaRERA filing
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Red flags
- Possession 1 months past the filed date
- Completion date moved by 6 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
3 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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VALENCIA RIVERSIDE APARTMENT is a Others project by VINAYAKA BUILDERS in Nashik, Maharashtra, registered with MahaRERA as P51600034969 on 28 Apr 2022. Possession was promised by 30 Sep 2026 and is now 1 months past that date. The completion date has moved by 6 months from the original filing. 9 of the 28 units on this registration are recorded sold or booked, and 14 of 22 construction stages are filed complete.
At a glance
Project
- NameVALENCIA RIVERSIDE APARTMENT
- TypeOthers
- Location
- Savarkar Nagar Daate Nagar
- Gangapur Road
- Nashik
- 422013
- Pincode422013
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600034969
- ReraGenie IDRG-MH-15518
Builder
- NameVINAYAKA BUILDERS
- Entity typePartnership
- PartnersRAJ PRAMOD SOMAIYA, KEWAL PRAMOD SOMAIYA
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Apr 2022
- Promised completion30 Sep 2026
- Revised completionRevised to 30 Sep 2026 (originally 31 Mar 2026)
- Buildings2 building records
- Documents filed122 files
Current status
Figures as on 2 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VALENCIA RIVERSIDE APARTMENT WING A | NA | 11 | 8 | 6 | 8 | 14 |
| VALENCIA RIVERSIDE APARTMENT WING B | NA | 11 | 7 | 14 | 0 | 14 |
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 2 May 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.
14 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Sanitary Fittings within the flats / premises, at 90%.
VALENCIA RIVERSIDE APARTMENT WING A87%
| 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 | 90% |
| 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. | 90% |
| 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. | 75% |
VALENCIA RIVERSIDE APARTMENT WING B87%
| 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 | 90% |
| 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. | 90% |
| 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. | 75% |
Progress on shared amenities15
As on 2 May 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 | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not 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.
| Building | Closed/Covered | Total |
|---|---|---|
| VALENCIA RIVERSIDE APARTMENT WING A | 37 | 37 |
| VALENCIA RIVERSIDE APARTMENT WING B | 1 | 1 |
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.
| Landowner | Village | District |
|---|---|---|
| VIKAS BHANUDAS BAGUL | Nashik | Nashik |
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 |
|---|---|---|---|
| VALENCIA RIVERSIDE APARTMENT WING A | NA | Rs 4.64 cr | Rs 4.18 cr |
| VALENCIA RIVERSIDE APARTMENT WING B | NA | Rs 4.64 cr | Rs 4.18 cr |
| - | NA | Rs 28.38 lakh | Rs 25.54 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | AR SAMEER MADIYAR |
| Engineer | AADHAR ENGINEERS |
| Chartered Accountant | P H MEHTA & CO |
| Chartered Accountant | HARSH M VADERA & CO |
| Partner | Role in project |
|---|---|
| VINAYAKA BUILDERS | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDue to procedural delay from the Competent Authority we have not received Full Occupancy Certificate, hence we would require 6 more Months to complete the project with CC from Competent Authority
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 19 Apr 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 19 Apr 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Apr 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 19 Apr 2022Confirm the Commencement Certificate covers the specific floor you are buying. - 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 filed122
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 122 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.
| Document | Uploaded |
|---|---|
| Form 2A (FY 2022-2023)File: 22-23.pdf | 2 May 2026 |
| Form 2A (FY 2023-2024)File: 23-24.pdf | 2 May 2026 |
| Form 2A (FY 2024-2025)File: 24-25.pdf | 2 May 2026 |
| Form 2A (FY 2025-2026)File: 25-26.pdf | 2 May 2026 |
| Form 5 (FY 2022-2023)File: Form 5 22-23.pdf | 2 May 2026 |
| Form 5 (FY 2023-2024)File: Form 5 23-24.pdf | 2 May 2026 |
| Form 5 (FY 2024-2025)File: Form 5 24-25.pdf | 2 May 2026 |
| Form 5 (FY 2025-2026)File: Form 5 25-26.pdf | 2 May 2026 |
| Withdrawal Update Form 1File: Form 1 signed.pdf | 29 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 signed.pdf | 29 Apr 2026 |
| Withdrawal Update Form 2File: Form2 Signed.pdf | 29 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 Signed.pdf | 29 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 31122025.pdf | 29 Apr 2026 |
| Withdrawal Update Form 3File: Form3 31032026.pdf | 29 Apr 2026 |
| Form 1File: Form 1 30062022 reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 30062022 reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 30062022 reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 30062022.pdf | 25 Apr 2026 |
| Form 1File: Form 1 30062022 reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 30062022 reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 30062022 reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 30062022.pdf | 25 Apr 2026 |
| Form 1File: Form 1 31122022 reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 31122022 Reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 31122022 Reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 31122022.pdf | 25 Apr 2026 |
| Form 1File: Form 1 31032023 Reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 31032023 Reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 31032023 Reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 31032023.pdf | 25 Apr 2026 |
| Form 1File: Form 1 30062023 Reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 30062023 Reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 30062023 Reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 30062023.pdf | 25 Apr 2026 |
| Form 1File: Form 1 30092023 Reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 30092023 Reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 30092023 Reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 30092023.pdf | 25 Apr 2026 |
| Form 1File: Form 1 31122023 Reduced.pdf | 25 Apr 2026 |
| Form 2File: Form 2 31122023 Reduced.pdf | 25 Apr 2026 |
| Form 3File: Form 3 31122023 Reduced.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 31122023.pdf | 25 Apr 2026 |
| Form 1File: Form 1 31032024.pdf | 25 Apr 2026 |
| Form 2File: Form 2 31032024.pdf | 25 Apr 2026 |
| Form 3File: Form 3 31032024.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 31032024.pdf | 25 Apr 2026 |
| Form 1File: Form 1 30062024.pdf | 25 Apr 2026 |
| Form 2File: Form 2 30062024.pdf | 25 Apr 2026 |
| Form 3File: Form 3 - 30062024.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 30062024.pdf | 25 Apr 2026 |
| Form 1File: Form 1 - 30092024.pdf | 25 Apr 2026 |
| Form 2File: Form 2 - 30092024.pdf | 25 Apr 2026 |
| Form 3File: Form 3 - 30092024.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 30092024.pdf | 25 Apr 2026 |
| Form 1File: Form 1 31122024.pdf | 25 Apr 2026 |
| Form 2File: Form 2 31122024.pdf | 25 Apr 2026 |
| Form 3File: Form 3 - 31122024.pdf | 25 Apr 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 31122024.pdf | 25 Apr 2026 |
| Form 1File: 31032025 Form 1 Signed.pdf | 30 Dec 2025 |
| Form 2File: Withdrawal Application Form2 - 31032025.pdf | 30 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD 31032025.pdf | 30 Dec 2025 |
| Form 3File: Withdrawal Application Form3 - 31032025.pdf | 30 Dec 2025 |
| Withdrawal Update Form 1File: 30062025 Form 1 Signed.pdf | 30 Dec 2025 |
| Withdrawal Update Form 1File: 30092025 Form 1 Signed.pdf | 30 Dec 2025 |
| Withdrawal Update Form 2File: Withdrawal Application Form2 - 30062025.pdf | 30 Dec 2025 |
| Withdrawal Update Form 2File: Withdrawal Application Form2 - 30092025.pdf | 30 Dec 2025 |
| Withdrawal Update Form 3File: Withdrawal Application Form3 - 30062025.pdf | 30 Dec 2025 |
| Withdrawal Update Form 3File: Withdrawal Application Form3 - 30092025.pdf | 30 Dec 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 8 Form 1 31032024.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 9 Form 1 30062024.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 10 Form 1 30092024.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 11 Form 1 31122024.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 8 Form 3 - 31032024.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 9 Form 3 - 30062024.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 10 Form 3 - 30092024.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 11 Form 3 - 31122024.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 8 31032024.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 9 30062024.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 10 30092024.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 11 31122024.pdf | 24 Feb 2025 |
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Buyer report
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- 3 conditions on this project's record read and explained, with the clear checks alongside
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- All 122 filed documents as one ZIP, foldered, with a manifest
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Project watch
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- Plain words, conditions that have happened marked in red
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Builder: VINAYAKA BUILDERS
VINAYAKA BUILDERS has 1 registration on MahaRERA, including VALENCIA RIVERSIDE APARTMENT. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if VALENCIA RIVERSIDE APARTMENT is delayed beyond 30 Sep 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 VALENCIA RIVERSIDE APARTMENT?
The registered promoter entity is VINAYAKA BUILDERS, 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 VALENCIA RIVERSIDE APARTMENT?
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 VALENCIA RIVERSIDE APARTMENT?
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 VALENCIA RIVERSIDE APARTMENT?
The professionals named in the filing: Architect: AR SAMEER MADIYAR; Engineer: AADHAR ENGINEERS; Chartered Accountant: P H MEHTA & CO; Chartered Accountant: HARSH M VADERA & 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 VALENCIA RIVERSIDE APARTMENT?
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.
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