NXS48 firm facts

Entity

• Brand: NXS48 - The RERA Specialists (short brand: NXS48)
• Legal entity and owner: Brickgrowth Private Limited
• Domain: nxs48.com
• Team: 200+ professionals across employees and associates (Chartered Accountants, advocates, engineers, architects and other specialists)

Founders

• CA Vishvesh Parekh: CEO / Managing Director & Head of Compliance & Risk. Chartered Accountant; ICAI Membership No. 644018; Author of "The Psychology of Real Estate India".
• Parth Parekh: COO / Head of Operations, Director, Strategy & Growth. Masters in Marketing, Newcastle University, UK.

Head office

States

NXS48 accepts work in Maharashtra, Uttar Pradesh, Gujarat, Karnataka, Delhi, Telangana, Tamil Nadu, Rajasthan, Madhya Pradesh, Goa. Maharashtra keeps the full service range. Other jurisdictions are served remotely from Mumbai for registration support, compliance filings, annual audit coordination, title and due-diligence reports, drafting and document review, and complaint and appeal preparation. Appearance follows the relevant state’s rules, directly or through local associate counsel where required. No past project counts or state-specific experience outside Maharashtra are asserted.

Services

Title Search, Land Due Diligence & Technical Reports

• 30-Year Title Search Report: Investigation of available ownership-chain, registration, revenue-record and public-notice material within an agreed scope.
• Legal Title Certificate & Title Opinion: A case-specific title review and written opinion by an advocate, subject to the records and scope reviewed.
• Property Due Diligence Report (Pre-Purchase): A scoped review of relevant title, registration, approval, litigation and project information before a purchase.
• Resale / Secondary-Market Property Verification: Review of title-chain and transaction documents, society records and available dues information for a resale property.
• Revenue Record & 7/12 Scrutiny: Review of available 7/12 extracts, mutation entries, City Survey records and land-classification documents.
• Non-Encumbrance & Charge Verification: Review of available records for disclosed mortgages, liens, charges and public claims affecting a property.
• Land Demarcation & CTS Plan Matching: Coordination of boundary and plan-document review against available revenue and city-survey material.
• Development Plan (DP) & Zoning Check: Review of available planning and zoning records relevant to a property's intended use or development.

Society Redevelopment, DA & PAAA Desk

• Development Agreement (DA) Drafting & Review: Drafting or review support for development-agreement terms within an agreed engagement scope.
• Permanent Alternate Accommodation Agreement (PAAA): Review support for individual alternate-accommodation agreement terms, subject to documents and specific instructions.
• Tripartite & Supplemental Agreement Drafting: Drafting and review support for related tripartite or supplemental agreement documents.
• Power of Attorney (PoA) Scrutiny: Review of a proposed or executed power of attorney against the client's instructions and available transaction documents.
• Society Redevelopment Advisory: Advisory support around developer selection, tender review, coordination and member-decision documentation.
• Deemed Conveyance & Society Conveyance Support: Document and process coordination for society conveyance matters, subject to review of the property's records.

Landowner & Joint Development Advisory

• Joint Development Agreement (JDA) Structuring: Coordination of legal and commercial review for a proposed landowner-developer arrangement.
• TDR & FSI Audit: Review coordination for available transfer-of-development-rights and floor-space-index records and calculations.
• Land Aggregation & Title Clearance: Title-document review and transaction coordination for land aggregation, subject to matter-specific scope.
• Landowner Tax Advisory (CA): Chartered-accountant-led review of tax considerations identified for a proposed joint-development transaction.

Developer & Promoter Turnkey Compliance

• New Project Registration & Portal Management: Preparation and coordination support for project registration submissions and related portal records.
• QPR (Quarterly Progress Report) Filing: Coordination of recurring project-progress information and applicable quarterly submissions.
• Designated (Escrow) Account Compliance: Support reviewing relevant account, certificate and annual audit information within an agreed scope.
• Architect, Engineer & CA Certifications: CA certificates are signed by a practising CA firm in its own name; architect certificates by a Council of Architecture-registered architect; engineer certificates by a licensed engineer.
• Registration Extension & Force Majeure (Section 6): Support preparing an extension matter and associated records; legal position and eligibility require case-specific review.
• Change of Promoter (Section 15): Coordination support for promoter-change documentation and approval matters, subject to legal review.
• Project Correction & Promoter Profile Updates: Support identifying and coordinating proposed corrections or promoter-profile updates on applicable portals.
• Scrutiny Objection Compliance: Coordination of responses and supporting material for regulatory scrutiny observations.
• Real Estate Tax & GST Advisory for Developers (CA): Chartered-accountant-led tax and GST review for real estate development matters.
• Monthly RERA Compliance Retainer: Recurring compliance support with scope, responsibilities and review cadence documented before engagement.
• Multi-State RERA Compliance Desk: Multi-state RERA support for developers with projects in more than one state. The engagement identifies the applicable state procedures and responsible professionals.

RERA Litigation & Dispute Resolution Desk

• Homebuyer Complaints & Refund Claims: Case-specific complaint preparation and representation support, with statutory position verified for the matter and applicable state rules.
• Delay Possession Compensation Claims: Review and representation support for a delay-related matter, subject to facts, documents and applicable law.
• Defect Liability Claims (Section 14): Support assessing and documenting a reported defect matter, subject to the applicable statutory requirements and evidence.
• Unfair Agreement Clauses & Carpet Area Disputes: Review of agreement terms and area-related records for a case-specific advisory or dispute matter.
• Allottee Association Complaints & Group Litigation: Coordination support for group matters brought by multiple allottees, subject to individual mandates and procedural review.
• Developer Defence: Case-specific representation and response support for developer proceedings; outcomes depend on facts and the decision of the Authority or Tribunal.
• Execution & Recovery: Support reviewing available execution and recovery procedures for an order, subject to current law and case facts.
• Appeals & High Court Practice: Appellate and court-related representation support, subject to forum, matter scope and professional engagement.
• Conciliation & Settlement: Representation and documentation support for a proposed conciliation or settlement, where applicable.
• Legal Notices & Replies: Case-specific drafting and review support for notices and replies based on the records and instructions received.

Real Estate Agents & Channel Partners

• Agent Registration & Renewal: Application and renewal coordination for individuals or entities, subject to the requirements of the relevant state portal.
• Agent Registration, Training & Exam Preparation: Support with registration applications and training or exam preparation. NXS48 is not an examination or certifying body.
• Brokerage & Channel Partner Agreements; Commission Dispute Resolution: Review and dispute support for brokerage and channel-partner arrangements within an agreed scope.
• Advertising & QR Code Compliance Audit: Review support for real estate advertisements and required project or agent identifiers, subject to current requirements.

Home Buyer Protection Desk

• Agreement for Sale & Allotment Letter Review: Case-specific review of draft or issued purchase documents against the buyer's instructions and available project information.
• Project & Promoter Background Check: Review of available project registration, litigation, escrow and approval information within a defined scope.
• Possession & Occupancy Certificate Advisory: Review and coordination support for possession-stage documents and occupancy-certificate questions.
• MahaRERA Complaint Filing: Complaint preparation and filing support; see the RERA Litigation & Dispute Resolution Desk for related representation.

Banks, Lenders & Investors

• Pre-Disbursement Legal & Technical Audit: Independent coordination of legal and technical document review before a proposed real estate disbursement.
• Escrow Account & Fund-Flow Audit: Review coordination for account records, certificates and audit filings; findings depend on records and agreed scope.
• Investor Due Diligence on Real Estate Projects: Project-level legal, financial and technical information review for an investor, subject to an agreed scope.

Content is informational and is not legal advice.