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Janki Rachana Springs
RG-MH-34740 · RERA PR1010002500381 · Last updated on MahaRERA portal: 8 Jul 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- All 13 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 10 other registrations and every project registered within 2 km.
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Janki Rachana Springs is a Residential / Group Housing project by Prasad Subhash Naik in Ahmednagar, Maharashtra, registered with MahaRERA as PR1010002500381 on 28 Jul 2025. Possession is promised by 31 Dec 2027. 2 of the 28 units on this registration are recorded sold or booked, and 5 of 9 construction stages are filed complete.
At a glance
Project
- NameJanki Rachana Springs
- TypeResidential / Group Housing
- Location
- Janki Vishwa Road
- Janki Vishwa
- Kopargaon (M Cl)
- Kopargaon
- Ahmednagar
- 423601
- Pincode423601
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1010002500381
- ReraGenie IDRG-MH-34740
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Jul 2025
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed23 files
Current status
Figures as on 8 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Janki Rachana Springs | NA | 6 | 5 | 28 | 0 | 28 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 8 Jul 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
5 of 9 construction stages are filed complete. The stage furthest along is Staircases, at 90%.
Janki Rachana Springs: 86% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 60% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 75% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 50% |
Progress on shared amenities15
As on 8 Jul 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | No | 25% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 75% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | 25% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed37
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership1
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| Nandkishor Ramnath Jadhav | Kopargaon (M Cl) | Ahmednagar |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Janki Rachana Springs | NA | Rs 6.40 cr | Rs 5.50 cr |
| - | NA | Rs 55.00 lakh | Rs 45.48 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pravin Mungase Ashok Mungase |
| Engineer | Sanket Ramesh Adhikar |
| Chartered Accountant | Pooja Pimpalwadkar Abhimanyu |
| Chartered Accountant | A A Pimpalwadkar and Associates |
| Partner | Role in project |
|---|---|
| Shree Construction Builders and Developers | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 2 Jul 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 2 Jul 2025 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2027
Documents filed23
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: FORM 1 Arch cert Q1 26-27.pdf | 8 Jul 2026 |
| Withdrawal Update Form 2File: FORM 2 Engg Cert Q1 26-27.pdf | 8 Jul 2026 |
| Withdrawal Update Form 3File: FORM 3 C A Cert Q1 26-27.pdf | 8 Jul 2026 |
| Form 2A (FY 2025-2026)File: Form 2A 25-26.pdf | 8 Jul 2026 |
| Form 2A (FY 2026-2027)File: Form 2A 25-26.pdf | 8 Jul 2026 |
| Withdrawal Update Form 1File: Form 1 Arch Cert Springs 4th qrt.pdf | 24 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 Engg Cert Springs 4th qrt.pdf | 24 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 CA Cert Springs 4th qrt.pdf | 24 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 Arch Cert Springs 4th qrt.pdf | 16 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 Engg Cert Springs 4th qrt.pdf | 16 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 CA Cert Springs 4th qrt.pdf | 16 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 Architects cert.pdf | 17 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 Engineers cert.pdf | 17 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 C A cert.pdf | 17 Jan 2026 |
| Withdrawal Update Form 1File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 17 Oct 2025 |
| Withdrawal Update Form 1File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 17 Oct 2025 |
| Withdrawal Update Form 2File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 17 Oct 2025 |
| Withdrawal Update Form 2File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 17 Oct 2025 |
| Withdrawal Update Form 3File: FORM-3 CHARTERED ACCOUNTANT’S CERTIFICATE.pdf | 17 Oct 2025 |
| Withdrawal Update Form 3File: FORM-3 CHARTERED ACCOUNTANT’S CERTIFICATE.pdf | 17 Oct 2025 |
| Layout approvalFile: Amalgamation Plan.pdf | 2 Jul 2025 |
| Building plan approvalFile: Sanction Plan S No-205-3-1-18.pdf | 2 Jul 2025 |
| Declaration and undertaking (Annexure A)File: ANNEXURE ‘A’ Declaration-Cum-Undertaking.pdf | 2 Jul 2025 |
Promoter's earlier projects13
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Rachana NakshatraP52200046780 | Near Rachana Park, Ahmednagar | - | Sep 2022 | Completed | Dec 2024 | Aug 2024 |
| Rachana CornerP52200032268 | Bhama nagar, Ahmednagar | - | Dec 2021 | Completed | Jun 2023 | Feb 2023 |
| RACHANA PARK WING J | Bhamanagar off Nagar manmad Highway Kopargaon | 18 | - | Completed | Mar 2022 | Mar 2022 |
| Rachana Park Wing I | Bhamanagar Off Nagar Manmad Highway Kopargaon 423601 | 18 | - | Completed | Jun 2021 | Apr 2021 |
| Rachana Park Wing H | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Mar 2021 | Jul 2020 |
| Rachana Park Wing G | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Sep 2020 | Oct 2019 |
| Rachana Park Wing F | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Oct 2019 | Dec 2018 |
| Ishan Heights | Saptarshi mala opp Bus stand Kopargaon | 12 | - | Completed | Dec 2018 | Dec 2018 |
| Rachana Park Wing E | Bhamanagar off Nagar manmad Highway Kopargao | 18 | - | Completed | Oct 2018 | Apr 2018 |
| Rachana Park Wing D | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Jul 2017 | Jul 2017 |
| Rachana Park Wing C | Bhamanagar off Nagar manmad highway | 12 | - | Completed | Dec 2016 | Dec 2016 |
| Rachana Park Wing B | Bhamanagar Off nagar Manmad Highway Kopargaon | 12 | - | Completed | Mar 2016 | Mar 2016 |
| Rachana Park Wing A | Bhamanagar off Nagar manmad Highway Kopargaon | 12 | - | Completed | Nov 2015 | Nov 2015 |
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How this compares with Ahmednagar
Computed across the 490+ Ahmednagar projects on ReraGenie, from their own filings.
Buyer report
Built from this project's filings on the day you order, in plain language.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 10 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 23 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
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Builder: Prasad Subhash Naik
Prasad Subhash Naik has 11 registrations on MahaRERA, including Rachana Park Wing E and Ishan Heights. Its filings disclose 13 earlier MahaRERA projects: declares 13 of 13 past projects completed on time. Read the full track record. See more projects on the Ahmednagar district page.
Frequently asked questions
What are my rights if Janki Rachana Springs is delayed beyond 31 Dec 2027?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of Janki Rachana Springs?
The registered promoter entity is Prasad Subhash Naik, an individual as per the filing. Its GSTIN 27ACJPN5630Q1ZY can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in Janki Rachana Springs?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for Janki Rachana Springs?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at Janki Rachana Springs?
The professionals named in the filing: Architect: Pravin Mungase Ashok Mungase; Engineer: Sanket Ramesh Adhikar; Chartered Accountant: Pooja Pimpalwadkar Abhimanyu; Chartered Accountant: A A Pimpalwadkar and Associates. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Janki Rachana Springs?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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