Bhagawati Annex: A mahaRERA registered Commercial project in Murbad

Project Overview:

Siddhidhata Hospitality Private Limited is the promoter behind the Bhagawati Annex, a  Maharera registered project located in Murbad, Thane. This commercial development is registered with MahaRERA under the RERA P51700047277. The Bhagawati Annex is expected to be completed by September 30th, 2025.

Location and Connectivity:

Bhagawati Annex is in the town of Murbad, which is in the district of Thane in the Indian state of Maharashtra. This neighborhood is well-known for its vibrant culture and rich history, as well as its proximity to a variety of amenities and facilities. It is conveniently located near major transportation hubs and commercial centres, making it an ideal choice for those looking for a convenient and comfortable place to live or work.

As an RERA approved project, the Bhagawati Annex follows all of the regulatory authority's regulations and guidelines. This ensures that the project is developed in a transparent and accountable manner, with all necessary approvals and permissions obtained. The RERA approval also provides additional security and peace of mind to potential buyers and investors, as it ensures that the project is being developed in accordance with the highest quality and safety standards.

Promoter Details:

It is being promoted by Siddhidhata Hospitality Private Limited, with Sandeep Parshuram Salvi serving as the Director. They are a well-respected and established company in the hospitality industry, with a proven track record of delivering high-quality projects.

This development is owned by Ratnaprabha Haribhau Kor, who has entered into an agreement with Siddhidhata Hospitality Private Limited for a revenue share arrangement.

Property Details:

Bhagawati Annex is located on Plot No. 20, Hissa No. 3, according to technical details provided by the Maharashtra RERA. It is bounded on the east by S No 22 property, on the west by S No 20, on the north by the Ahmednagar Highway, and on the south by S No 21 property. It consists of a single building/wing and is yet to receive approval from the Municipal Corporation of Greater Mumbai (MCGM). There is no recreational open space on the property, and the total sanctioned FSI is 3611.14 sqmts.

Building Details:

Bhagawati Annex is a single-building commercial project build on a total plot area of 588.62 square metres. The structure has a plinth, stilts, and seven sanctioned floors with no podiums or basements. There are 12 covered parking spaces at this RERA approved project.

They offer a total of 3 attached terrace apartments, with a carpet area of 62.64 sqmts, 6 commercial area apartments, with a carpet area of 423.33 sqmts. In addition, there are 7 shops in the project, with carpet areas ranging from 21.55 to 91.05 sqmts. There is also 1 office space, with a carpet area of 100.56 sqmts.

Detailed information related to the units is given below:

Facilities:

This MahaRERA registered project is designed to offer a wide range of facilities and amenities to its residents and visitors. It includes internal roads and footpaths to ensure easy access and movement within the premises and has provisions for water conservation and rainwater harvesting to reduce the demand on natural resources and protect the environment. In addition, it also meets all the necessary fire protection and fire safety requirements to ensure the safety and well-being of its residents and visitors.

The development includes landscaping and tree planting to enhance the aesthetic appeal of the premises and create a pleasant and welcoming environment.

Experts Working on the Project:

A team of experienced professionals, including an architect, an engineer, and two chartered accountants, are working on this commercial development. Dinesh Warade, an experienced architect, is in charge of overseeing the design and layout. Engineer Rajesh Thakare is the engineer, and Sanjeev Bramhe and Amrrita Jagnnani, both chartered accountants, are in charge of the project's finances.

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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