Home / Browse projects / Ratnagiri, Maharashtra / KRISHNA RESIDENCY
KRISHNA RESIDENCY
RG-MH-50072 · RERA P52800050437 · Last updated on MahaRERA portal: 26 Feb 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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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KRISHNA RESIDENCY is a Others project by Nilesh Madanlal Gundecha in Ratnagiri, Maharashtra, registered with MahaRERA as P52800050437 on 12 Apr 2023. Possession is promised by 30 Dec 2026. 11 of the 52 units on this registration are recorded sold or booked, and 8 of 22 construction stages are filed complete.
At a glance
Project
- NameKRISHNA RESIDENCY
- TypeOthers
- Location
- Nachane Godown To TRP Road
- Nachane
- Nachane (CT)
- Ratnagiri
- 415639
- Pincode415639
- RERA no.P52800050437
- ReraGenie IDRG-MH-50072
Builder
- NameNilesh Madanlal Gundecha
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on12 Apr 2023
- Promised completion30 Dec 2026
- Revised completionNone
- Buildings2 building records
- Documents filed55 files
Current status
Figures as on 26 Feb 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PHASE - I B and C - Wing | NA | 5 | 4 | 32 | 0 | 32 |
| PHASE - II A-Wing | NA | 3 | 0 | 12 | 8 | 20 |
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 building2
As on 26 Feb 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.
8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Slabs of Super Structure, at 25%.
PHASE - I B and C - Wing39%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 25% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
PHASE - II A-Wing37%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 3% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 26 Feb 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 | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| 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 | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed114
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.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| PHASE - I B and C - Wing | 4 | 80 | 84 |
| PHASE - II A-Wing | 2 | 28 | 30 |
Land and ownership3
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 |
|---|---|---|
| Sharyu Shantaram Kocharekar | Ratnagiri (M Cl) | Ratnagiri |
| Snehal Sangam Chari | Ratnagiri (M Cl) | Ratnagiri |
| Mansi Sanjay Girkar | Ratnagiri (M Cl) | Ratnagiri |
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.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Meghna Bhandari Saklecha |
| Engineer | Rajendra V More |
| Chartered Accountant | Saiprasad S Shetye |
| Partner | Role in project |
|---|---|
| Nilesh Madanlal Gundecha | - |
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 reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 13 Mar 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Feb 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 18 Feb 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Feb 2023Confirm the Commencement Certificate covers the specific floor you are buying. - 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 30 Dec 2026
Documents filed55
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 |
|---|---|
| Form 1File: Form 1 30092025.pdf | 26 Feb 2026 |
| Form 2File: Form 2 30092025.pdf | 26 Feb 2026 |
| Form 3File: Form 3 30092025.pdf | 26 Feb 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold inventory 30092025.pdf | 26 Feb 2026 |
| Form 1File: Form 1 upto 31122025.pdf | 26 Feb 2026 |
| Form 2File: Form 2 31122025.pdf | 26 Feb 2026 |
| Form 3File: Form 3 31122025.pdf | 26 Feb 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold inventory 31122025.pdf | 26 Feb 2026 |
| Form 1File: Form 1 up to 30062025.pdf | 25 Feb 2026 |
| Form 2File: Form 2 30062025.pdf | 25 Feb 2026 |
| Form 3File: Form 3 30062025.pdf | 25 Feb 2026 |
| Disclosure of Sold and Booked InventoryFile: Sold inventory 30062025.pdf | 25 Feb 2026 |
| Form 1File: Form 1.pdf | 1 Dec 2025 |
| Form 2File: Form 2.pdf | 1 Dec 2025 |
| Form 3File: Form 3.pdf | 1 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Booked inventory.pdf | 1 Dec 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 01- 31-03-24.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 01- 30-06-24.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 01- 30-09-24.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 01- 31-12-24.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 - 31-03-24.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 - 31-06-24.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 - 31-09-24.pdf | 24 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 - 31-12-24.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- 010124 to 310324.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-010424 to 300624.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-010724 to 300924.pdf | 24 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-011024 to 311224.pdf | 24 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 05 till March 23-24.pdf | 24 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form-01.pdf | 1 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form -02.pdf | 1 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form -03.pdf | 1 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 14 Oct 2023 |
| Copy of the legal title reportFile: search.pdf | 13 Mar 2023 |
| Details of encumbrances concerned to FinanceFile: Legal Encumbrance.pdf | 13 Mar 2023 |
| Details of encumbrances concerned to LegalFile: Legal Encumbrance.pdf | 13 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf | 13 Mar 2023 |
| Proforma of Agreement for saleFile: afs.pdf | 13 Mar 2023 |
| Proforma of Allotment letterFile: Allotment.pdf | 13 Mar 2023 |
| Deviation Report with respect to Allotment letterFile: deviation allotment.pdf | 13 Mar 2023 |
| Deviation Report with respect to model copy of AgreementFile: deviation agreement.pdf | 13 Mar 2023 |
| Layout approvalFile: REVISED PLAN 1 of 2.pdf | 18 Feb 2023 |
| Layout approvalFile: REVISED PLAN 2 of 2.pdf | 18 Feb 2023 |
| Building plan approvalFile: Revise NA.pdf | 18 Feb 2023 |
| PAN CardFile: PAN CARD.pdf | 18 Feb 2023 |
| Copy of Layout Approval (in case of layout)File: REVISED PLAN 1 of 2.pdf | 18 Feb 2023 |
| Copy of Layout Approval (in case of layout)File: REVISED PLAN 2 of 2.pdf | 18 Feb 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Revise NA.pdf | 18 Feb 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Revise NA.pdf | 18 Feb 2023 |
| Declaration about Commencement CertificateFile: DECLARATION commencement.pdf | 18 Feb 2023 |
| Declaration in FORM BFile: FORM B.pdf | 18 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 18 Feb 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200260695069_For_Asset_Based_Search_18_02_2023_12_33_57_373.pdf | 18 Feb 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: disclousre of interest.pdf | 18 Feb 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Format.pdf | 18 Feb 2023 |
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Builder: Nilesh Madanlal Gundecha
Nilesh Madanlal Gundecha has 1 registration on MahaRERA, including KRISHNA RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Ratnagiri district page.
Frequently asked questions
What are my rights if KRISHNA RESIDENCY is delayed beyond 30 Dec 2026?
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 KRISHNA RESIDENCY?
The registered promoter entity is Nilesh Madanlal Gundecha, an individual as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 KRISHNA RESIDENCY?
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 KRISHNA RESIDENCY?
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 KRISHNA RESIDENCY?
The professionals named in the filing: Architect: Meghna Bhandari Saklecha; Engineer: Rajendra V More; Chartered Accountant: Saiprasad S Shetye. 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 KRISHNA RESIDENCY?
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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