Commercial RERA

Shakambari Square

Durga Chowk, Akola · Sushilkumar Ratanlal Khowal

Office, Shop

Total units

59

Booked

12%

Floors

6

Plot area

1,558 sqm

RERA timeline

  1. Registered 17 Jul 2018
  2. Possession due 07 Jul 2023
  3. Promoter last activity 30 Apr 2026
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About this project

Introducing SHAKAMBARI SQUARE, a prestigious Commercial project in Akola, Maharashtra, offering 59 apartments with 7 already booked, showcasing a remarkable 11.86% booking rate. Located in Durga Chowk, off Durga Chowk,Akola (M Corp.), this project boasts a total plot area of 1557.70 sqmts and a sanctioned FSI built-up area of 3114 sqmts. With a proposed completion date to 07/07/2023, this on-going project promises to deliver a luxurious living experience. Developed by Sushilkumar Ratanlal Khowal, a reputed individual developer, and facilitated by HDFC bank, this project ensures a secure investment opportunity. The project's unique features, including 100% covered parking and easy access to Lady Harding - Umari Road, make it an attractive option for investors seeking a profitable venture in the real estate market.

Introducing SHAKAMBARI SQUARE, a prestigious Commercial project in Akola, Maharashtra, offering 59 apartments with 7 already booked, showcasing a remarkable 11.86% booking rate. Located in Durga Chowk, off Durga Chowk,Akola (M Corp.), this project boasts a total plot area of 1557.70 sqmts and a sanctioned FSI built-up area of 3114 sqmts. With a proposed completion date to 07/07/2023, this on-going project promises to deliver a luxurious living experience. Developed by Sushilkumar Ratanlal Khowal, a reputed individual developer, and facilitated by HDFC bank, this project ensures a secure investment opportunity. The project's unique features, including 100% covered parking and easy access to Lady Harding - Umari Road, make it an attractive option for investors seeking a profitable venture in the real estate market.

Unit Carpet area Units Price
Shop 18.17 - 77.11 sq.mt. 34
Office space 34.68 - 99.92 sq.mt. 6

Configurations & carpet areas

From Maharashtra RERA apartment summary filings.

TypeCarpetUnitsPrice
Shop 18.17 - 77.11 sq.mt. 34
Office space 34.68 - 99.92 sq.mt. 6

Project registry facts

Survey / CTS

Nazul Sheet No. 63B, Nazul Plot No. 5/4

Total commercial units

59

Completion

07 Jul 2023

Registration

17 Jul 2018

Status

New Project

Plot area

1,558 sqm

Sanctioned built-up

3,114 sqm

Total FSI

3,114 sqm

Booked units

7

Project bank

HDFC bank

MahaRERA inventory 12% booked

· 7 booked · 59 total

Location & boundaries

The SHAKAMBARI SQUARE project in Durga Chowk, Akola, is clearly defined by its surrounding features. To the East, the property is bordered by the Durga Chowk-Tapadiya Nagar Road, providing immediate access and visibility. The Western boundary is marked by Government Quarter and Government Land, ensuring a degree of privacy and open space. To the South, the project abuts the Lady Harding - Umari Road, facilitating convenient connectivity. Finally, the Northern side of SHAKAMBARI SQUARE is adjacent to property owned by Kiran Sheshrao Patil and other entities, completing its well-defined perimeter within the urban fabric of Akola.

East

Durga Chowk-Tapadiya Nagar Road

West

Govt Quarter and Govt Land

North

Property Owned by Kiran Sheshrao Patil and Other

South

Lady Harding - Umari Road

Developer — Sushilkumar Ratanlal Khowal

Sushilkumar Ratanlal Khowal is the individual promoter behind the SHAKAMBARI SQUARE project, a significant commercial endeavor in Akola, Maharashtra. Operating as an individual developer, Sushilkumar Ratanlal Khowal brings this new commercial offering to the vibrant Durga Chowk area. The project, registered under RERA number P50100017160, reflects a commitment to enhancing the commercial landscape of Akola (M Corp.) village in the Akola district. This development underscores the promoter's vision for creating functional and accessible commercial spaces within a key urban locale. The promoter's office, situated in the Shakambari Complex near MSEB Office in Durga Chowk, provides a direct connection to the heart of the city where SHAKAMBARI SQUARE is taking shape.

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FAQs

What type of development is SHAKAMBARI SQUARE?

SHAKAMBARI SQUARE is a commercial project, designed to host a variety of businesses and enterprises.

What is the current status of the SHAKAMBARI SQUARE project?

The SHAKAMBARI SQUARE project is currently categorized as a new project, actively under development.

When is SHAKAMBARI SQUARE expected to be completed?

The proposed completion date for the SHAKAMBARI SQUARE project is July 7, 2023.

In which locality is SHAKAMBARI SQUARE situated?

SHAKAMBARI SQUARE is strategically located in Durga Chowk, Akola, within the state of Maharashtra.

Who is the promoter behind SHAKAMBARI SQUARE?

The SHAKAMBARI SQUARE project is promoted by Sushilkumar Ratanlal Khowal, an individual developer.

MahaRERA QR code for P50100017160

MahaRERA registered project

P50100017160

Project details are available at maharera.mahaonline.gov.in under registered projects.

Displayed per Order No. 46C/2025 (08 Apr 2025) — registration number, website & QR code.