Overview of the Maharera Registered Project "The WaterFront" in Dhokawade, Alibag

The WaterFront is a residential development located in Dhokawade, Alibag, promoted by Rajesh Bhaskaran. It is a Maharera registered project with the RERA ID P52000047764, and is expected to be completed by 31st of March, 2027.

Developer History:

The developer had previously worked on “Costa Rica” another Maharera registered project in Awas, Alibag, build on a total land area of 1440 square meters. It is comprised of one building with 32 apartments and is located on plot number 61. The original proposed completion date for the project was 2019-06-30 and it was completed on the same date.

Location Insights:

Dhokawade is a village in the district of Alibag in the Indian state of Maharashtra. Because of its proximity to the city and the presence of several amenities, it is a popular destination for those looking to purchase a Maharera registered residential project.

The Alibag district is known for its natural beauty, with a number of beaches and hills in the area. It is a popular weekend getaway for residents of nearby Mumbai, and it is well-connected to the city by road and ferry. Maharashtra is well-known for its vibrant culture and history, and it is home to several major cities, including Mumbai, Pune, and Nagpur.

In terms of amenities, Dhokawade is home to a number of schools, hospitals, and shopping centers, making it an attractive location for those looking to live a comfortable and convenient lifestyle. The area is also home to a number of green spaces, including parks and gardens, providing residents with the opportunity to enjoy the outdoors and engage in recreational activities.

Land Owners and Investors:

Rajesh Bhaskaran is the development’s sole landowner and investor. The agreement between them is a revenue share agreement.

Technical Details:

The plot number for this registered project is 25/4, according to the technical details provided by Maharera. The plot's boundaries are as follows: East - 25 5, West - village road, North - 25 3, and South - 702. One proposed building/wing has been approved as part of the development and MCGM is yet to provide its approval for the same. There is a total of 285 square metres of recreational open space as per the sanctioned plan. The proposed total FSI of the plot is 11503 sqmts, and the sanctioned FSI of the project applied for registration is 5753 sqmts.

Apartment Details:

The WaterFront is a single-building residential development. The plot area is 2640 square metres in total, with one plinth, and 24 stilts. The building has a total of 13 sanctioned floors, with no basements including 27 open parking spaces and 24 covered parking spaces.

According to MahaRERA, this registered project in Alibag offers 23 three-bedroom apartments with a carpet area of 3845 square metres.

Facilities:

WaterFront includes a variety of facilities and amenities to improve the quality of life for its residents. These include internal roads and footpaths, as well as water conservation and rainwater harvesting measures. They also focus on energy management and have fire protection and safety systems in place. On the property, there is an electrical metre room, substation, and receiving station.

Residents will also be able to enjoy an aggregate area of recreational open space as part of the plan. There is plenty of open parking on the property, as well as water and sewerage systems. Storm water drains have been installed to manage excess water, and the project includes landscaping and tree planting to add to its aesthetic appeal. There is also street lighting to ensure safety at night.

Experts Working on the Project:

Waterfront is being worked on by a team of experts, including an architect, engineer, and chartered accountant. Satish Manohar is the architect on the project, Mahesh Chauhan is the engineer, and Mamta N Kholiya is the chartered accountant.

Litigation Status:

There are currently no litigation records for this project.

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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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