Chamunda Elite: A Residential MahaRERA Registered Project in Nashik by Prayag Buildcon

Chamunda Elite: A Residential MahaRERA Registered Project in Nashik by Prayag Buildcon
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Project Overview:

Chamunda Elite is a residential project developed by Prayag Buildcon in Nashik. This MahaRERA registered project is registered with MahaRERA under the RERA ID P51600047408. It is expected to be completed by March 2025.

Location Insights:

Chamunda Elite is located in the Rasibhari Road locality of Nashik district in the state of Maharashtra. Nashik is a city located in the northwest region of Maharashtra, known for its historical and cultural significance. It is also home to a number of educational institutions and is a hub for various industries.

The Rasibhari Road locality is well-connected to the rest of the city and has a number of amenities in the vicinity. It is a popular residential area with a mix of residential and commercial developments.

As a RERA approved project, it adheres to all the regulations set by the state's real estate regulatory authority. This ensures that the project is being developed as per the prescribed guidelines, providing an additional layer of protection for buyers.

In terms of connectivity, Chamunda Elite is easily accessible by road and public transport. The project is located in close proximity to major roads and highways, making it convenient for residents to travel to other parts of the city. The locality also has a number of schools, hospitals, and shopping centers in the vicinity, providing all the necessary amenities for a comfortable lifestyle.

Promoter Details:

It is being promoted by Prayag Buildcon. The company is led by Nilesh Chandubhai Bhagat, who serves as the authorized signatory, as well as a partner in the company. Chandubhai Devji Bhagat, Narshih Madhavji Chhabhaiya, Deeepesh Narshibhai Chhabhaiya, Pritkumar Narshih Chhabhaiya are also partners in the company.

Land Owners/Investors:

This MahaRERA registered project is being built on land owned by Prashant Dhuda Parmar, who has entered into an area share agreement with the promoter, Prayag Buildcon.

Development Details:

Chamunda Elite is located on Plot No. 10, with boundaries on the east side of SR No 164, on the west side of 9 M W Road, on the north side of Plot No 9, and on the south side of Plot No 11. It consists of a single building or wing, with a total sanctioned FSI of 1156.66 sqmts. There is no designated recreational open space as per the sanctioned plan for the RERA approved project.

The project's FSI (Floor Space Index) is a measure of the built-up area on a plot of land in relation to the size of the plot.

Building Details:

It consists of a single apartment building being built on a total plot area of 380.13 square meters, and the structure has one plinth, no podium, no stilts, and five sanctioned floors. There are no basements in the building, but they have provided a total of 48 covered parking spaces for its residents and guests.

Carpet Areas of each individual unit is mentioned below:

Sr.No. Apartment Type Carpet Area (in Sqmts) Number of Apartment
1 2BHK 43.81 10
2 1BHK 24.78 10

Facilities and Amenities:

Chamunda Elite project includes a range of facilities and amenities to ensure a comfortable and convenient living experience for its residents. These include fire protection and fire safety requirements, an electrical meter room and substation, and a receiving station. The MahaRERA registered project also includes open parking spaces, water supply, and sewerage systems including a chamber, lines, septic tank, and STP (Sewage Treatment Plant). In addition, it incorporates landscaping and tree planting to enhance the aesthetic appeal of the development

Team of Experts:

It is being developed with the expertise of a number of professionals. Suresh Patel is the architect working, while Sunil H Patel is the engineer. Maya Dixitkumar Ramani is the chartered accountant involved in this development.

Litigation Status:

This development is not linked to any litigation records or lawsuits.

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RERA stands for Real Estate Regulatory Authority and is the Government body for regulating Real Estate Developers and Agents (Brokers) It came into existence in 2016 and aims to protect the interest of property buyers. Every under-construction property must obtain RERA certificate and disclose a completion date before selling units to property buyers/investors. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)

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