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Completed No litigation declared Others project

Vastushilp Exotica

By M/s Vastushilp Realtors

RG-MH-09689 · RERA P52700002706 · Last updated on MahaRERA portal: 28 Dec 2019

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.

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May 2018Possession promisedregistration recorded completed
5 of 11Construction stages donefurthest along: Staircases, 80%
0Complaints at MahaRERAon this registration
Jump to the 15 documents Report an error

Vastushilp Exotica is a Others project by M/s Vastushilp Realtors in Satara, Maharashtra, registered with MahaRERA as P52700002706 on 2 Aug 2017. The registration is recorded completed; possession was promised by 31 May 2018.

At a glance

Project

  • NameVastushilp Exotica
  • TypeOthers
  • Location
    • Shahupuri (CT)
    • Satara
    • 415002
  • Pincode415002
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52700002706
  • ReraGenie IDRG-MH-09689

Builder

  • NameM/s Vastushilp Realtors
  • Entity typePartnership
  • PartnerRupesh Jaising Rane

Key dates

this monthRegisteredAug 2017PromisedMay 2018Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on2 Aug 2017
  • Promised completion31 May 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed15 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Vastushilp ExoticaNA60000

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 Dec 2019, 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.

5 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 80%.

Vastushilp Exotica: 64% 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/Premises60%
Sanitary Fittings within the flats / premises25%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks80%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.25%
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.15%

Progress on shared amenities15

As on 28 Dec 2019, 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 & FootpathsYes40%
Water SupplyYes30%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes60%
Storm Water DrainsYes0%
Landscaping & Tree PlantingNoNot applicable
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 harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes50%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes40%

Parking filed64

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 slots64
Closed/Covered24
Open Space40

Land and ownership2

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area774 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
Prashant Bharat PawarNavi Mumbai (M Corp.)Thane
Mrs. Ranjana Abasaheb ManeThane (M Corp.)Thane

Approvals and building plan

Permissible FSI928.98
Proposed, not sanctioned924 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 branch Sakal Bhavan Road, Sector 13, CBD Belapur, Navi Mumbai, Maharashtra 400614

Certifying professionals and partners3

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

RoleName
ArchitectKetan Sawant
ArchitectAmit Sawant
EngineerShreeram Kulkarni
PartnerRole in project
M/s Vastushilp Realtors-

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 18 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 18 Jul 2017
  4. Commencement CertificateNot on the file

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

  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 filed15

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
Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf28 Dec 2019
Details of encumbrancesFile: Encumbrances PP VR.pdf28 Jul 2017
Declaration in FORM BFile: Form B Prashant Pawar VR1.pdf28 Jul 2017
Proforma of Allotment letterFile: Proforma of the allotment letter and agreement for sale.pdf28 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Certificates of Architect VR.pdf27 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate Form 02 VR.pdf27 Jul 2017
Certificates of CA (Form 3)File: Certificate of CA VR.pdf27 Jul 2017
Copy of the legal title reportFile: Legal Title Report.pdf21 Jul 2017
Building plan approvalFile: Collector Approval.pdf18 Jul 2017
Layout approvalFile: Layout 1.pdf18 Jul 2017
Layout approvalFile: Layout 2.pdf18 Jul 2017
PAN CardFile: PAN Card.pdf18 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout 1.pdf18 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout 2.pdf18 Jul 2017
Building Plan Approval (IOD)File: Collector Approval.pdf18 Jul 2017

How this compares with Satara

16%of Satara projects moved their completion datethis one has not
35%of Satara registrations have lapsed or been cancelledthis one is completed

Computed across the 1,100+ Satara projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Shahupuri (CT)1,100+ in Satara

2 kmVastushilp ExoticaCompleted 8Lapsed / revoked 16Other 15Dot size: filed unitsN

Filed coordinates, straight-line distance. 39 registered projects within 2 km.

Builder: M/s Vastushilp Realtors

M/s Vastushilp Realtors has 1 registration on MahaRERA, including Vastushilp Exotica. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Satara district page.

Frequently asked questions

What are my rights if Vastushilp Exotica is delayed beyond 31 May 2018?

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 Vastushilp Exotica?

The registered promoter entity is M/s Vastushilp Realtors, 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 Vastushilp Exotica?

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 Vastushilp Exotica?

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 Vastushilp Exotica?

The professionals named in the filing: Architect: Ketan Sawant; Architect: Amit Sawant; Engineer: Shreeram Kulkarni. 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 Vastushilp Exotica?

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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