Home / Browse projects / Velstand Phase 2 - formerly Kul scapes
Velstand Phase 2 - formerly Kul scapes
RG-MH-24060 · RERA P52100005825 · Last updated on MahaRERA portal: 21 Dec 2023
Source: official MahaRERA filing
Red flags
- 8 complaints at MahaRERA
- Completion date moved by 41 months
- 4 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
See what the report covers Free either way: .Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Velstand Phase 2 - formerly Kul scapes is a Residential / Group Housing project by Pathare Family in Tukaram Nagar, 411014, registered with MahaRERA as P52100005825 on 14 Aug 2017. The registration is recorded completed; possession was promised by 31 Dec 2023. The completion date has moved by 41 months from the original filing. 8 complaints are on record with the regulator.
At a glance
Project
- NameVelstand Phase 2 - formerly Kul scapes
- TypeResidential / Group Housing
- Location
- Magarpatta Road
- Tukaram Nagar
- 411014
- Pincode411014
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100005825
- ReraGenie IDRG-MH-24060
Builder
- NamePathare Family
- Entity typeOthers
- Named personsBapusaheb Tukaram Pathare HUF, Pandharinath Tukaram Pathare HUF
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on14 Aug 2017
- Promised completion31 Dec 2023
- Revised completionRevised to 31 Dec 2023 (originally 31 Jul 2020)
- Buildings2 building records
- Documents filed141 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A Wing | NA | 27 | 0 | 0 | 0 | 0 |
| B Wing | NA | 22 | 0 | 0 | 0 | 0 |
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 21 Dec 2023, 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.
15 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 99%.
A Wing100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 99% |
| Sanitary Fittings within the flats / premises | 99% |
| 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. | 99% |
B Wing100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 99% |
| Sanitary Fittings within the flats / premises | 99% |
| 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. | 99% |
| 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. | 99% |
Progress on shared amenities15
As on 21 Dec 2023, 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 | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed46
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 | Open Space | Total |
|---|---|---|---|
| A Wing | 1 | 27 | 28 |
| B Wing | 1 | 17 | 18 |
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.
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.
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 Vikas Achalkar |
| Engineer | JW Consultants LLP |
| Chartered Accountant | Shah Khandelwal Jain & Associates |
| Partner | Role in project |
|---|---|
| Pathare Family | - |
Extensions applied for4
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter1. Before RERA came into force, we had entered into Joint Development Agreement (“JDA”) with Kumar Urban Development Private Limited (“KUDPL”) wherein KUDPL was the developer of the project. Bookings for some of the flats were taken by KUDPL. However, due to financial difficulties of KUDPL, they were unable to take ahead the construction of the said project and therefore the said JDA was cancelled. Thereafter, we started developing the project on our own and named the Project as “Velstand Phase - II”. After registering the project under RERA, there were some unforeseen complications which were
Reason as filed by the promoterWe, Pathare Family, having our office at Sr.No.9, Tukaram Nagar, Haveli, Pune-411014 with reference to our residential real estate project ‘Velstand Phase 2’ (formerly known as ‘Kulscapes)-MahaRERA Reg No. P52100005825 located at Sr No 8/3 Sr No 9/1/1P Sr.No.9/1/19P, Kharadi, Haveli, Pune-411014 state that the registration for above mentioned project granted under section 5 of the Real Estate (Regulation and Development) Act, 2016(‘RERA’) is valid up to 30th June 2022. However, the project is under completion and requires extension under provisions of Maha RERA. The Construction Industry has b
Reason as filed by the promoterBefore RERA came into force, we had entered into Joint Development Agreement (“JDA”) with Kumar Urban Development Private Limited (“KUDPL”) wherein KUDPL was the developer of the project. Bookings for some of the flats were taken by KUDPL. However, due to financial difficulties of KUDPL, they were unable to take ahead the construction of the said project and therefore the said JDA was cancelled. Thereafter, we started developing the project on our own and named the Project as “Velstand Phase - II”. After registering the project under RERA, there were some unforeseen complications which were fa
Reason as filed by the promoterThe project is delayed on account of following reasons: 1. The project is almost completed but some minor finishes are pending. Further, the Promotor has applied for the NOC and completion certificate with the competent Authorities. Further, the Construction Industry has been hit hard due to outbreak of the coronavirus since March 2020. Also, due to the outbreak of coronavirus, the Government had imposed various restrictions and took measures such as lockdown in the country. So the pace of the construction activities was slowed down. The construction work is mainly dependent on unskilled causa
Complaints filed with MahaRERA8
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC005000000010932 | Nikhil Rane | Lalit Kumar Jain | 17/01/2018 |
| CC005000000085502 | Nikhil Rane | Pathare Family | 13/05/2021 |
| CC005000000340856 | Nikhil Shriram Rane | Sukumar Enviro Farms Pvt. Ltd. | 03/05/2024 |
| CC005000000010951 | A N Janardhanan Nair | Lalit Kumar Jain | 20/01/2018 |
| CC005000000085568 | SUBHASH SINGH CHOUDHARY THROUGH POWER OF ATTORNEY MUKESH SINGH CHOUDHARY | M/s Velstand | 22/05/2021 |
| CC005000000116936 | ANIL C AGARWAL | M/s. Sukumar Enviro Farms Pvt Ltd | 14/04/2022 |
| CC005000000157331 | Mr. Ajit Janardhanan Through POA Mr. A.N.Janardhanan Nair | Sukumar Enviro Farms Pvt. Ltd | 14/07/2022 |
| CC12500552 | Nikhil Shriram Rane | Pathare Family | 17/02/2025 |
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 Mar 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 5 Jul 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 5 Jul 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 28 Jun 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 21 Dec 2023
Documents filed141
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 141 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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion certificate.pdf | 21 Dec 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 19 Dec 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: NAME RESERVATION OF SOCIETY.pdf | 19 Dec 2023 |
| OtherFile: Velstand OC.pdf | 19 Dec 2023 |
| OtherFile: Velstand Rera From 4.pdf | 19 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Rera_Form_5_Final.pdf | 6 Nov 2023 |
| Certificates of CA (Form 5)File: Rera_Form_5.pdf | 28 Oct 2023 |
| Certificates of CA (Form 3)File: FORM 3 VELSTAND.pdf | 12 Sep 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineer's Certificate For Quality Assurance.pdf | 20 Jun 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold- Booked Inventory_compressed.pdf | 20 Jun 2023 |
| Certificates of CA (Form 3)File: 150 Rera From 3 Velstand March 23.pdf | 20 Jun 2023 |
| Certificates of CA (Form 3)File: Rera From 3 Velstand March 23 DSC_compressed.pdf | 13 Apr 2023 |
| Certificates of CA (Form 3)File: Rera From 3 Velstand Feb 23 DSC_compressed.pdf | 13 Apr 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Velstand Architect Certificate.pdf | 5 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Velstand Engineer Certificate.pdf | 5 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Velstand QUALITY ASSURANCE.pdf | 5 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Inventory.pdf | 5 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineering certificate velstand_compressed.pdf | 9 Jan 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect certificate_compressed (4).pdf | 7 Jan 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Quality assurence velstand _compressed.pdf | 7 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: velstand sold unsold_compressed (1).pdf | 7 Jan 2023 |
| Certificates of CA (Form 3)File: form 3_compressed.pdf | 7 Jan 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: VELSTAND ARCHITECT CERTIFICATE_compressed (1).pdf | 7 Oct 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE VELSTAND_compressed.pdf | 7 Oct 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: ENGINEERS QUALITY ASSURANCE CERTIFICATE VELSTAND_compressed.pdf | 7 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSILD INVENTORY VELSTAND_compressed.pdf | 7 Oct 2022 |
| Certificates of CA (Form 3)File: From - 3 Velstand phase 2 DSC_compressed.pdf | 7 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 with Annexures Signed V1 Velstand.pdf | 30 Sep 2022 |
| Certificates of CA (Form 5)File: Form 5 Final along with Annexures Signed.pdf | 28 Sep 2022 |
| OtherFile: Form 5 Final along with Annexures Signed.pdf | 28 Sep 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: VELSTAND ARCHITECT CERTIFICATE_compressed.pdf | 7 Jul 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE VELSTAND_compressed.pdf | 7 Jul 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: ENGINEERS QUALITY ASSURANCE CERTIFICATE VELSTAND_compressed.pdf | 7 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: VELSTAND SOLD UNSOLD_compressed.pdf | 7 Jul 2022 |
| Certificates of CA (Form 3)File: form 3 velstand-compressed_compressed.pdf | 7 Jul 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architecture Certificate Q4 Velstand.pdf | 11 Apr 2022 |
| Certificates of CA (Form 3)File: Form 3 Velstand Q4 Final.pdf | 11 Apr 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate Compressed.pdf | 8 Apr 2022 |
| Disclosure of sold/ booked inventoryFile: VELSTAND SOLD UNSOLD INVENTORY compressed.pdf | 8 Apr 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Velstand Engineer Certificate_compressed.pdf | 5 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Velstand Quality Assurance Certificate_compressed.pdf | 5 Apr 2022 |
| OtherFile: RERA CERTIFICATE.pdf | 6 Mar 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: VELSTAND Architect Certificate Rera Feb 2022.pdf | 3 Mar 2022 |
| Certificates of CA (Form 3)File: Signed Form 3-Velstand.pdf | 2 Mar 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: quality assurance certificate ( compressed).pdf | 25 Feb 2022 |
| Disclosure of sold/ booked inventoryFile: sold unsold 24-02-2022_compressed (1)_compressed (1)-compressed.pdf | 25 Feb 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: VELSTAND ENGINEERS CERTIFICATE.pdf | 11 Jan 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: velstand_compressed.pdf | 9 Jan 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: quality assurance certificate velstand.pdf | 9 Jan 2022 |
| Disclosure of sold/ booked inventoryFile: Velstand Disclosure of sold_compressed.pdf | 9 Jan 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE-compressed.pdf | 7 Oct 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE-compressed.pdf | 7 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: ENGINEERS ASSURANCE CERTIFICATE-compressed.pdf | 7 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory Velstand Dt- 30-09-2021-compressed.pdf | 7 Oct 2021 |
| Certificates of CA (Form 3)File: Form 3 Signed_compressed.pdf | 7 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Rera Audit Form 5 Final.pdf | 28 Sep 2021 |
| Certificates of CA (Form 3)File: Form 3 Signed.pdf | 24 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Quality Assurance Certificate FY- 19-20.pdf | 16 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Quality Assurance Certificate FY- 20-21.pdf | 16 Aug 2021 |
| Declaration about Commencement CertificateFile: Declaration about Commencement Certificate.pdf | 13 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 ARCHITECT CERTIFICATE 30-06-2021.pdf | 13 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate.pdf | 13 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory Velstand.pdf | 13 Aug 2021 |
| Building plan approvalFile: B P LAYOUT.pdf | 5 Jul 2021 |
| Layout approvalFile: D P LAYOUT.pdf | 5 Jul 2021 |
| Copy of Layout Approval (in case of layout)File: D P LAYOUT.pdf | 5 Jul 2021 |
| Building Plan Approval (IOD)File: B P LAYOUT.pdf | 5 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: DP Layout CC No 0447-21_compressed.pdf | 28 Jun 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: BP Layout CC No 0447-21 (1)_compressed (1).pdf | 28 Jun 2021 |
| Disclosure of sold/ booked inventoryFile: Inventory Details_compressed.pdf | 28 Jun 2021 |
| Copy of the legal title reportFile: Title Search Report FY- 16-17_19-36_a.pdf | 11 Mar 2021 |
| Copy of the legal title reportFile: Title Search Report FY- 16-17_19-36_a.pdf | 11 Mar 2021 |
| Copy of the legal title reportFile: Title Search Report FY- 16-17_19-36_a.pdf | 11 Mar 2021 |
| Copy of the legal title reportFile: Title Search Report FY- 16-17_1-18_a.pdf | 11 Mar 2021 |
| Copy of the legal title reportFile: Title Search Report FY- 16-17_37-54_a.pdf | 11 Mar 2021 |
| Copy of the legal title reportFile: Title Search Report FY- 16-17_19-36_a.pdf | 11 Mar 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 final.pdf | 1 Oct 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architects Certificate.pdf | 17 Jul 2020 |
| Copy of the legal title reportFile: Title Search 5-08-2019_compressed.pdf | 24 Dec 2019 |
| Details of encumbrancesFile: Encumberance Certificate_compressed (1).pdf | 24 Dec 2019 |
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Builder: Pathare Family
Pathare Family has 1 registration on MahaRERA, including Velstand Phase 2 - formerly Kul scapes. Its filings disclose no earlier MahaRERA projects. Read the full track record.
Frequently asked questions
What are my rights if Velstand Phase 2 - formerly Kul scapes is delayed beyond 31 Dec 2023?
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 Velstand Phase 2 - formerly Kul scapes?
The registered promoter entity is Pathare Family, an others 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 Velstand Phase 2 - formerly Kul scapes?
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 do I read the complaint cases filed against Velstand Phase 2 - formerly Kul scapes?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Velstand Phase 2 - formerly Kul scapes?
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 Velstand Phase 2 - formerly Kul scapes?
The professionals named in the filing: Architect: Ar Vikas Achalkar; Engineer: JW Consultants LLP; Chartered Accountant: Shah Khandelwal Jain & Associates. 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 Velstand Phase 2 - formerly Kul scapes?
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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