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Completed No litigation declared Residential / Group Housing project

Yash Emerald

By Yash Ventures

RG-MH-20108 · RERA P53000007198 · Last updated on MahaRERA portal: 5 Apr 2022

Source: official MahaRERA filing

Red flags

  • 1 complaint at MahaRERA
  • Completion date moved by 36 months
  • 2 extensions taken

Clear

  • No litigation declared
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA
  • All 1 earlier projects delivered on promise

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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Nov 2022Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
1Complaints at MahaRERAon this registration
Jump to the 51 documents Report an error

Yash Emerald is a Residential / Group Housing project by Yash Ventures in Kolhapur, Maharashtra, registered with MahaRERA as P53000007198 on 17 Aug 2017. The registration is recorded completed; possession was promised by 27 Nov 2022. The completion date has moved by 36 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameYash Emerald
  • TypeResidential / Group Housing
  • Location
    • Kolhapur (M Corp.)
    • Karvir
    • Kolhapur
    • 416012
  • Pincode416012
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P53000007198
  • ReraGenie IDRG-MH-20108

Builder

  • NameYash Ventures
  • Entity typePartnership
  • PartnerVrunda Purushottam Parulekar
  • Declared earlier projects1 →

Key dates

this monthRegisteredAug 2017First promiseNov 2019Revised toNov 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on17 Aug 2017
  • Promised completion27 Nov 2022
  • Revised completionRevised to 27 Nov 2022 (originally 28 Nov 2019)
  • Buildings1 building record
  • Documents filed51 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Yash EmeraldNA100000

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 5 Apr 2022, 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.

10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

Yash Emerald: 91% 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/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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.100%

Progress on shared amenities15

As on 5 Apr 2022, 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 SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
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 harvestingYes100%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationNoNot applicable
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed13

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 slots13
Closed/Covered13

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 area680 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI1393.26
Proposed, not sanctioned1,370 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 branchRajarampuri 10th lane, Kolhapur

Certifying professionals and partners2

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

RoleName
ArchitectSanjay A Adake
EngineerDr A B Kulkarni
PartnerRole in project
Yash Ventures-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT53000009755Nov 2019 → May 2022

Reason as filed by the promoterThat development work of our real estate project is totally complete and we have submitted an application for Completion /occupancy certificate to the Kolhapur Municipal Corporation. Further we have obtained required NOC’s from the concerned departments. However due to Covid-19 pandemic officers of Corporation are busy in the duty of covid-19. Hence we are unable to complete the said project in projected period i.e. on 27/05/2021. The written completion certificate is yet to be received by us.

EXT53000003690Nov 2019 → Nov 2020

Reason as filed by the promoterThe development work of my Real Estate Project is going on. But due to present Real Estate market condition which has been hit by twin challenges of growth recession and high inflation we are unable to complete the said project in projected period i.e. on 30/11/2019. Force Majeure; The construction activity was badly affected with the incessant rains causing floods in various parts of Kolhapur incurring heavy losses resulting in declining Sale of Real Estate.

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
CC005000000064674JAYASHRI YOGESH KUMBHARDeepak B Waghule01/10/2020

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 29 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 23 Aug 2021
  4. Commencement CertificateOn the file

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

    uploaded 23 Jan 2018Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 23 Aug 2021

Documents filed51

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
Status of Formation of Legal Entity (Society/Co Op etc.)File: waghule Deed of Declaration.pdf5 Apr 2022
Status of ConveyanceFile: Index II Deed Of Apartment.pdf5 Apr 2022
Building plan approvalFile: Sanctioned Plan 1.PDF23 Aug 2021
Building plan approvalFile: Sanctioned Plan 2.PDF23 Aug 2021
Building plan approvalFile: Sanctioned Plan 3.PDF23 Aug 2021
Building Plan Approval (IOD)File: Sanctioned Plan 1.PDF23 Aug 2021
Building Plan Approval (IOD)File: Sanctioned Plan 2.PDF23 Aug 2021
Building Plan Approval (IOD)File: Sanctioned Plan 3.PDF23 Aug 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate.pdf23 Aug 2021
Declaration about Commencement CertificateFile: Declaration about CC.pdf3 Jul 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A 19-20.pdf30 Jun 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A 20-20.pdf30 Jun 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A 20-21.pdf30 Jun 2021
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Units.pdf14 Jun 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 - 2019-2020.pdf14 Jun 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 - 2020-2021.pdf14 Jun 2021
Architect’s Certificate on Completion of Project (Form 4)File: Form 410142020.pdf14 Oct 2020
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Engineer Certificate.pdf7 Dec 2019
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Waghule Form 5.pdf27 Nov 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf18 Nov 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate.pdf18 Nov 2019
Certificates of CA (Form 3)File: CA Certificate.pdf18 Nov 2019
Certificates of CA (Form 5)File: Yash Form5.pdf21 Feb 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Yash Ar May2018.pdf19 May 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Yash Engi May2018.pdf19 May 2018
Certificates of CA (Form 3)File: Yash CA May2018.pdf19 May 2018
Building plan approvalFile: scan1235460.pdf23 Jan 2018
Building plan approvalFile: scan1235459.pdf23 Jan 2018
Building Plan Approval (IOD)File: scan1235460.pdf23 Jan 2018
Building Plan Approval (IOD)File: scan1235459.pdf23 Jan 2018
Commencement Certificates / NA Order for plotted developmentFile: SKM_C224e18012300360.pdf23 Jan 2018
Proforma of Allotment letterFile: AGREEMENT FOR SALE DATE 18-1-2018.pdf23 Jan 2018
Layout approvalFile: Layout.pdf31 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout.pdf31 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: EnginnersCertificate Yash.pdf31 Jul 2017
Certificates of CA (Form 3)File: YASH VENCHAR.pdf31 Jul 2017
Building plan approvalFile: 2 rera.pdf29 Jul 2017
Building plan approvalFile: 1 rera.pdf29 Jul 2017
PAN CardFile: Yash pan card.pdf29 Jul 2017
Copy of the legal title reportFile: search report.pdf29 Jul 2017
Details of encumbrancesFile: index boja 1.pdf29 Jul 2017
Details of encumbrancesFile: index boja 2.pdf29 Jul 2017
Building Plan Approval (IOD)File: 1 rera.pdf29 Jul 2017
Building Plan Approval (IOD)File: 2 rera.pdf29 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: commencement letter.pdf29 Jul 2017
Declaration in FORM BFile: affidavit.pdf29 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: arch certificate.pdf29 Jul 2017
Proforma of Allotment letterFile: AGREEMENT FOR SALE FOR YASH VENTURES 29jul17.pdf29 Jul 2017
OtherFile: undertaking.pdf29 Jul 2017
OtherFile: revised MAP 1.pdf29 Jul 2017
OtherFile: revised MAP 2.pdf29 Jul 2017

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
Yash Elite626 hissa no. 816CompletedNov 2016Oct 2016

How this compares with Kolhapur

17%of Kolhapur projects moved their completion datethis one moved by 36 months
25%of Kolhapur registrations have lapsed or been cancelledthis one is completed

Computed across the 880+ Kolhapur projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Kolhapur (M Corp.)880+ in Kolhapur

2 kmYash EmeraldCompleted 31Lapsed / revoked 16Other 41Dot size: filed unitsN

Filed coordinates, straight-line distance. 88 registered projects within 2 km.

Builder: Yash Ventures

Yash Ventures has 1 registration on MahaRERA, including Yash Emerald. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Kolhapur district page.

Frequently asked questions

What are my rights if Yash Emerald is delayed beyond 27 Nov 2022?

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 Yash Emerald?

The registered promoter entity is Yash Ventures, 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 Yash Emerald?

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 Yash Emerald?

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 Yash Emerald?

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 Yash Emerald?

The professionals named in the filing: Architect: Sanjay A Adake; Engineer: Dr A B 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 Yash Emerald?

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.

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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