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Detailed Report

Park Apartments

P52400033239 · MahaRERA · https://gethorizon.in/projects/park-apartments-khadgaon-latur-fwrj2r6y

Registration lapsed

This project’s MahaRERA registration has lapsed— it expired and was not renewed. A lapsed project may be stalled, finished-but-not-updated, or abandoned; the record stops here and RERA’s ongoing protections may no longer apply. Confirm the current status directly with MahaRERA before you rely on anything below.

01

Complete project overview

MahaRERA · Registration filing
Project name
Park Apartments
Units
77 units
Floors
9
Buildings
4
Parking
77 spaces
Land area
2,677 sq m
Sanctioned built-up
7,862 sq m
Recreational open space
405 sq m

Timeline

RERA registeredFeb 2022
Proposed completionDec 2025
TodaySep 2026
02

Builder’s track record

MahaRERA · Builder registration

NITINKUMAR VIJAYKUMAR NAWANDER

IndividualPromoter type
Pune, MAHARASHTRABased in
2Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
181 homeson the public record across 2 projects
20,806 sq mbuilt-up filed
8,752 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from NITINKUMAR VIJAYKUMAR NAWANDER— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 11 new projects last year
  • 101 nearby projects
≈ locality centre · geocoded, verified · 18.3999, 76.5451 · © OpenStreetMap contributors
Village
Khadgaon
Taluka
Latur
District
Latur
Pincode
413512
Survey no.
Group Housing Plot
North boundary
Survey No 15 Part
East boundary
Survey No 34 Part
South boundary
Survey No 35 Part
West boundary
Survey No 15 Part
What’s nearby
Schools1 school within 500m · College or university 1.1km away
HealthcareHospital 917m away · Clinic within 2km
LifestylePark 731m away · Gym or sports centre 957m away · 4 restaurants and cafes within 1km
ShoppingSupermarket 1.1km away
Getting around
Expressway 1.1 kmPrimary road 178 m · New Barshi RoadRailway line 3.5 kmRailway station 3.5km away (Latur Railway Station)Limited bus connectivity nearby
Water & environment
Canal 2.0 km
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹23,562per sq yd
₹28,180per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Khadgaon”.
In force
2026-2027 schedule
Spread
₹19,315₹39,515 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

District Collector Office

Collector office
Building Permit
Survey no. Group Housing Plot

The promised possession date (31 Dec 2025) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

The planning authority

The body that approved this project. It has approved 4,607 RERA projects across 33 districts about 1 in 4 in Maharashtra.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

07

Other projects nearby

The register · within 25 km

46 residential projects still under way within 25 km. Step out ring by ring:

Of the 101 projects the radar draws within 6 km — every kind, every stage — 39 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

LaturResidential / Group Housing

ICON BHASKAR

ICON CREATIVEAND MAHESH DEVELOPERS LLP

Dec 2022registered
Jul 2026target completion
Government Guidance Rate₹25,820/sq ydAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, not the exact site.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  5. 05Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/park-apartments-khadgaon-latur-fwrj2r6y.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.