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Completed No litigation declared Residential / Group Housing project

YASHSHANTI

By SIDDHIVINAYAK DEVELOPERS

RG-MH-62534 · RERA P51700005767 · Last updated on MahaRERA portal: 10 Oct 2022

Source: official MahaRERA filing

Red flags

  • 1 complaint at MahaRERA

Clear

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

1 condition is 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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Oct 2018Possession promisedregistration recorded completed
3 of 11Construction stages donefurthest along: Stilt Floor, 80%
1Complaints at MahaRERAon this registration
Jump to the 19 documents Report an error

YASHSHANTI is a Residential / Group Housing project by SIDDHIVINAYAK DEVELOPERS in Thane, Maharashtra, registered with MahaRERA as P51700005767 on 11 Aug 2017. The registration is recorded completed; possession was promised by 18 Oct 2018. 1 complaint is on record with the regulator.

At a glance

Project

  • NameYASHSHANTI
  • TypeResidential / Group Housing
  • Location
    • Mira-Bhayandar (M Corp.)
    • Thane
    • 401101
  • Pincode401101
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700005767
  • ReraGenie IDRG-MH-62534

Builder

  • NameSIDDHIVINAYAK DEVELOPERS
  • Entity typePartnership
  • PartnersASHISH RAMAKANT KADAM, CHOGALAL LAXMANJI BHATI, JAYESH CHOGALAL BHATI, RAKESH CHOGALAL BHATI
  • Other registrations45 more →
  • Completed21 of 46
  • No longer live7 lapsed, de-registered or revoked
  • Declared earlier projects11 →

Key dates

this monthRegisteredAug 2017PromisedOct 2018Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on11 Aug 2017
  • Promised completion18 Oct 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed19 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
YASHSHANTI A WINGNA90000

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 10 Oct 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.

3 of 11 construction stages are filed complete. The stage furthest along is Stilt Floor, at 80%.

YASHSHANTI A WING: 70% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor80%
Slabs of Super Structure80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises60%
Sanitary Fittings within the flats / premises60%
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.70%
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.40%

Progress on shared amenities15

As on 10 Oct 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 SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes80%
Storm Water DrainsYes100%
Landscaping & Tree PlantingNoNot applicable
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes80%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes30%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed1

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 slots1
Closed/Covered1

Land and ownership1

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 area1,808 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
JAYPRAKASH YASHWANT PATILMira-Bhayandar (M Corp.)Thane

Approvals and building plan

Permissible FSI1648.15
Proposed, not sanctioned1,648 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 branchBHAYANDER WEST 401101

Certifying professionals and partners2

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

RoleName
ArchitectB A C PLANNERS AND ENGINEERS PVT LTD
EngineerPRO TECH CONULTANTS
PartnerRole in project
SIDDHIVINAYAK DEVELOPERS-

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
CC006000000079222Sandeep Kumar PandeySiddhivinayak Developers11/05/2019

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 30 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 30 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 30 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 27 Mar 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 26 Sep 2019

Documents filed19

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: sOCIETY.pdf10 Oct 2022
Status of Formation of Legal Entity (Society/Co Op etc.)File: Siddhivinayak Developers.pdf7 Sep 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Siddhivinayak Developers- oc.pdf26 Sep 2019
OtherFile: O C Application-SIDDHIVINAYAK.pdf1 Mar 2019
Certificates of Architect (Form 4)File: Siddhivinayak Developers.pdf29 Dec 2018
Certificates of CA (Form 5)File: rera certificat RD Lukad.pdf27 Dec 2018
PAN CardFile: Pan Card Siddhivinayak Developers.pdf27 Mar 2018
Commencement Certificates / NA Order for plotted developmentFile: SIDDIVINAYAK AGREEMENT RERA.pdf27 Mar 2018
Layout approvalFile: Yashshanti { Layout plan }.pdf30 Jul 2017
Building plan approvalFile: Yashshanti IOD.pdf30 Jul 2017
Copy of the legal title reportFile: YASWANTI TITLE CERTIFICATE.pdf30 Jul 2017
Details of encumbrancesFile: Authorization Letter.pdf30 Jul 2017
Copy of Layout Approval (in case of layout)File: Yashshanti { Layout plan }.pdf30 Jul 2017
Building Plan Approval (IOD)File: Yashshanti IOD.pdf30 Jul 2017
Declaration in FORM BFile: Form-B Affidavit Cum Declaration.pdf30 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect's Certificate.pdf30 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer's Certificate.pdf30 Jul 2017
Certificates of CA (Form 3)File: Form-3 C A Certificate.pdf30 Jul 2017
Proforma of Allotment letterFile: DRAFT.pdf30 Jul 2017

How this compares with Thane

24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is completed

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane 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 Mira-Bhayandar (M Corp.)7,600+ in Thane

2 kmYASHSHANTICompleted 105Lapsed / revoked 80Other 109Dot size: filed unitsN

Filed coordinates, straight-line distance. 294 registered projects within 2 km.

Builder: SIDDHIVINAYAK DEVELOPERS

SIDDHIVINAYAK DEVELOPERS has 46 registrations on MahaRERA, including VIJAY PLAZA - A and VIJAY PLAZA - B. Its filings disclose 11 earlier MahaRERA projects: declares 6 of 9 past projects completed on time. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if YASHSHANTI is delayed beyond 18 Oct 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 YASHSHANTI?

The registered promoter entity is SIDDHIVINAYAK DEVELOPERS, 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 YASHSHANTI?

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 YASHSHANTI?

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 YASHSHANTI?

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 YASHSHANTI?

The professionals named in the filing: Architect: B A C PLANNERS AND ENGINEERS PVT LTD; Engineer: PRO TECH CONULTANTS. 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 YASHSHANTI?

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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