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Atlantis

The Maharashtra Real Estate Regulatory Authority has granted a registration certificate for the project 'ATLANTIS' located in Bhosari, Pune, under project registration number P52100078626. The promoter, Atharva Buildwell, must comply with specific conditions including entering into agreements with allottees and depositing funds in a separate account for construction costs. The registration is valid from December 27, 2024, to December 31, 2027, and may be revoked if conditions are not met.

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65 views1 page

Atlantis

The Maharashtra Real Estate Regulatory Authority has granted a registration certificate for the project 'ATLANTIS' located in Bhosari, Pune, under project registration number P52100078626. The promoter, Atharva Buildwell, must comply with specific conditions including entering into agreements with allottees and depositing funds in a separate account for construction costs. The registration is valid from December 27, 2024, to December 31, 2027, and may be revoked if conditions are not met.

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rrm9lyatwg
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We take content rights seriously. If you suspect this is your content, claim it here.
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Maharashtra Real Estate Regulatory Authority

REGISTRATION CERTIFICATE OF PROJECT


FORM 'C'
[See rule 6(a)]

This registration is granted under section 5 of the Act to the following project under project registration number :
P52100078626
Project: ATLANTIS , Plot Bearing / CTS / Survey / Final Plot No.: PLOT NO ­ 60/B/3, SECTOR NO ­ 07, BHOSARI
PRADHIKARAN at BHOSARI, Haveli, Pune, 411026;

1. Atharva Buildwell having its registered office / principal place of business at Tehsil: Haveli, District: Pune, Pin:
411026.
2. This registration is granted subject to the following conditions, namely:­
The promoter shall enter into an agreement for sale with the allottees;
The promoter shall execute and register a conveyance deed in favour of the allottee or the association of the
allottees, as the case may be, of the apartment or the common areas as per Rule 9 of Maharashtra Real Estate
(Regulation and Development) (Registration of Real Estate Projects, Registration of Real Estate Agents, Rates
of Interest and Disclosures on Website) Rules, 2017;
The promoter shall deposit seventy percent of the amounts realised by the promoter in a separate account to be
maintained in a schedule bank to cover the cost of construction and the land cost to be used only for that purpose
as per sub­ clause (D) of clause (l) of sub­section (2) of section 4 read with Rule 5;
OR
That entire of the amounts to be realised hereinafter by promoter for the real estate project from the allottees,
from time to time, shall be deposited in a separate account to be maintained in a scheduled bank to cover the
cost of construction and the land cost and shall be used only for that purpose, since the estimated receivable of
the project is less than the estimated cost of completion of the project.
The Registration shall be valid for a period commencing from 27/12/2024 and ending with 31/12/2027 unless
renewed by the Maharashtra Real Estate Regulatory Authority in accordance with section 5 of the Act read with
rule 6.
The promoter shall comply with the provisions of the Act and the rules and regulations made there under;
That the promoter shall take all the pending approvals from the competent authorities

3. If the above mentioned conditions are not fulfilled by the promoter, the Authority may take necessary action against the
promoter including revoking the registration granted herein, as per the Act and the rules and regulations made there
under.

Digitally Signed by
Prakash Kaluram Sabale
(Secretary, MahaRERA)
Date:12/27/2024 [Link] PM

Dated: 27/12/2024 Signature and seal of the Authorized Officer


Place: Mumbai Maharashtra Real Estate Regulatory Authority

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