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Prasad Subhash Naik: RERA track record

Individual ยท attribution by exact filing name, entity resolution in progress

Prasad Subhash Naik has 11 registrations in this build, including Rachana Park Wing E and Ishan Heights. Its filings disclose 13 earlier MahaRERA projects: 13 of 13 past projects completed on time.

11Registrations in this build
13Past projects disclosed
on timeMedian delivery slip
0Registrations with litigation

Projects in this build

ProjectLocationUnits BookedStatus
Rachana Park Wing EAhmednagar, Maharashtra--Completed
Ishan HeightsAhmednagar, Maharashtra--Completed
Rachana Park Wing FAhmednagar, Maharashtra--Completed
Rachana Park Wing GAhmednagar, Maharashtra--Completed
Rachana Park Wing HAhmednagar, Maharashtra--Completed
Rachana Park Wing IAhmednagar, Maharashtra--Completed
Rachana Park Wing JAhmednagar, Maharashtra--Completed
Rachana CornerAhmednagar, Maharashtra--Completed
Rachana NakshatraAhmednagar, Maharashtra--Completed
Rachana TulipsAhmednagar, Maharashtra3087%Registered
Janki Rachana SpringsAhmednagar, Maharashtra287%Registered

Past projects, as disclosed in RERA filings

ProjectPromised completionActual completionDelivery
Rachana Park Wing A
9 Nov 20159 Nov 2015On time
Rachana Park Wing B
3 Mar 20163 Mar 2016On time
Rachana Park Wing C
31 Dec 201631 Dec 2016On time
Rachana Park Wing D
30 Jul 201721 Jul 2017On time
Rachana Park Wing E
31 Oct 201827 Apr 2018On time
Ishan Heights
31 Dec 201812 Dec 2018On time
Rachana Park Wing F
31 Oct 201911 Dec 2018On time
Rachana Park Wing G
30 Sep 20204 Oct 2019On time
Rachana Park Wing H
30 Mar 202117 Jul 2020On time
Rachana Park Wing I
30 Jun 202119 Apr 2021On time
RACHANA PARK WING J
31 Mar 202215 Mar 2022On time
Rachana Corner
P52200032268		30 Jun 202317 Feb 2023On time

Frequently asked questions

How do I verify Prasad Subhash Naik as a legal entity before signing?

Your agreement for sale must name the exact entity registered for the project, not a group brand. The registration certificate on each project's MahaRERA page names the exact legal entity; ask for it if the sales office only uses a brand name. Large builders commonly register one company or LLP per project, which is normal; the entity on the registration certificate is the one legally accountable to you.

How should I use this delivery record when booking with Prasad Subhash Naik?

Their completed projects have landed on time so far, but apply the same test to the specific project: promised date, current progress, and sales pace. If possession then slips past your agreement date, section 18 entitles you to interest at SBI's highest MCLR plus 2 percent (currently 10.90% per annum) for every month of delay, or an exit with a full refund with interest.

The record above looks clean. What should I still check?

A clean filing history is a good sign, not a guarantee. Filings only show what promoters must disclose: they do not show build quality, the state of approvals still pending, or whether the agreement they offer follows MahaRERA's model clauses. Check the specific project's certificates and agreement deviations, and confirm sales pace is matched by construction pace quarter on quarter.

Data from official MahaRERA filings. Spotted a wrongly attributed project? Report a mismatch.