Home / Browse projects / Raigarh, Maharashtra / Krishna Valley Phase I
Krishna Valley Phase I
By NANDKISHORE LIFESPACES PVT LTD
RG-MH-30215 · RERA P52000030001 · Last updated on MahaRERA portal: 20 Aug 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 36 months
- 3 extensions taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Raigarh registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Krishna Valley Phase I is a Residential / Group Housing project by NANDKISHORE LIFESPACES PVT LTD in Raigarh, Maharashtra, registered with MahaRERA as P52000030001 on 20 Jul 2021. Possession is promised by 15 Dec 2026. The completion date has moved by 36 months from the original filing. 56 of the 114 units on this registration are recorded sold or booked, and 10 of 11 construction stages are filed complete.
At a glance
Project
- NameKrishna Valley Phase I
- TypeResidential / Group Housing
- Location
- Vasre Konda Road
- Sirsai Mandir
- shirase
- Karjat
- Raigarh
- 410201
- Pincode410201
- RERA no.P52000030001
- ReraGenie IDRG-MH-30215
Builder
- NameNANDKISHORE LIFESPACES PVT LTD
- Entity typeCompany
- ChairpersonAmit Sajjankumar Gupta
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on20 Jul 2021
- Promised completion15 Dec 2026
- Revised completionRevised to 15 Dec 2026 (originally 31 Dec 2023)
- Buildings1 building record
- Documents filed65 files
Current status
Figures as on 20 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 01 | NA | 9 | 9 | 114 | 0 | 114 |
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 20 Aug 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
01: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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 | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 20 Aug 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| 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 | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed93
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 ownership
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.
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 |
|---|---|---|---|
| 01 | NA | Rs 8.59 cr | Rs 8.59 cr |
| - | NA | Rs 55.42 lakh | Rs 55.42 lakh |
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 | Rahul Agaj |
| Engineer | Yateesh Tare |
| Chartered Accountant | Ashwini Kiran Chavan |
| Partner | Role in project |
|---|---|
| NANDKISHORE LIFESPACES PVT LTD | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDUE TO COVID 19 NOT ABLE TO COMPLETE PROJECT PLEASE GRNAT US EXTENSION TILL 30/12/2024
Reason as filed by the promoterWith reference to the above mentioned subject our project KRISHNA VALLEY is located at Plot No 16/6 Village Shine Taluka Karjat, Dist Raigad the said project was scheduled to be completed on 30.12.2024 However due to unseen and unavoidable circumstances we have till date been able to complete 90% of the Project and just a few items in finishing is pending along with lift and MSEB connection pending which will soon be done after which we would apply for OC and hand over the possession to the buyers. Sor the entire process may not take more than 3 mouthis but taking into consideration and margin
Reason as filed by the promoterOC Recived
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 1 Jul 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 1 Jul 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 1 Jul 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 1 Jul 2021Confirm 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 15 Dec 2026
Documents filed65
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.pdf | 20 Aug 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 20 Aug 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 20 Aug 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 20 Aug 2026 |
| Withdrawal Update Form 3File: FORM 3_compressed.pdf | 20 Aug 2026 |
| Withdrawal Update Form 3File: FORM 3_compressed.pdf | 20 Aug 2026 |
| Form 2A (FY 2025-2026)File: Form 2A _ Signed.pdf | 20 Aug 2026 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked Inventory_page-0001.pdf | 25 Mar 2025 |
| Other - TechnicalFile: PEC.pdf | 25 Mar 2025 |
| Declaration in FORM BFile: P52000030001_FileName_1.pdf | 13 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: NKLS INVENTORY.pdf | 13 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Form3_Dec-24 (1).pdf | 30 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1 (3).pdf | 28 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 28 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 28 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Form3_Sept-24.pdf | 28 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 28 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: INVENTORY DISCLOSURE.pdf | 28 Dec 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A 23-24.pdf | 28 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 23 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 23 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 23 Oct 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Form A ( Bank).pdf | 22 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: form 5 23-24.pdf | 22 Oct 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for secured unsecured _ March 2024.pdf | 22 Oct 2024 |
| Declaration in FORM BFile: FORM-B.pdf | 30 Nov 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Quality Assurance Certificate-2022.pdf | 30 Nov 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Quality Assurance Certificate-2023.pdf | 30 Nov 2023 |
| CERSAI detailsFile: Cersai Declaration.pdf | 30 Nov 2023 |
| Disclosure of sold/ booked inventoryFile: Invetory.pdf | 30 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate.pdf | 24 Nov 2023 |
| Disclosure of sold/ booked inventoryFile: NKLS-Inventory.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA-Form3.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate _5th SLAB _31 03 2023.pdf | 18 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE _ 5th slab _31 03 2023.pdf | 18 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_NKLS MARCH 2023.pdf | 18 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICAE.pdf | 28 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEERS CERTIFICATE.pdf | 28 Feb 2023 |
| Disclosure of sold/ booked inventoryFile: INVENTORY.pdf | 28 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Form 3 (1).pdf | 28 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: NO LITIGATION letter.pdf | 27 Feb 2023 |
| Details of encumbrances concerned to LegalFile: NO LITIGATION letter.pdf | 27 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 27 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 27 Feb 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: CA Form 5.pdf | 30 Sep 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect form 1.pdf | 22 Dec 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer_Certificate.pdf | 22 Dec 2021 |
| Disclosure of sold/ booked inventoryFile: NKLS-BOOKED INVENTORY.pdf | 22 Dec 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NKLS_Architect Certificate_Elavation_compressed.pdf | 3 Jul 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: NKLS_Engineer Certificate_Vastukalp_compressed.pdf | 3 Jul 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 3 Jul 2021 |
| Proforma of Allotment letterFile: Agreement for Sale.pdf | 3 Jul 2021 |
| Layout approvalFile: Sanctioned Approval Plan 166_compressed.pdf | 1 Jul 2021 |
| Building plan approvalFile: NA order 010721.pdf | 1 Jul 2021 |
| PAN CardFile: Pan - Nandkishore Lifespaces.pdf | 1 Jul 2021 |
| Copy of the legal title reportFile: MAHA RERA Title Report_compressed.pdf | 1 Jul 2021 |
| Details of encumbrancesFile: Encumbrance Certificate_compressed.pdf | 1 Jul 2021 |
| Copy of Layout Approval (in case of layout)File: Sanctioned Approval Plan 166_compressed.pdf | 1 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: NA order 010721.pdf | 1 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: NA order 010721.pdf | 1 Jul 2021 |
| Declaration about Commencement CertificateFile: Declaration Form D.pdf | 1 Jul 2021 |
| Declaration in FORM BFile: Form B_ Declration.pdf | 1 Jul 2021 |
| Declaration in FORM BFile: NKLS _ BR.pdf | 1 Jul 2021 |
| Proforma of Allotment letterFile: Draft Copy for Allotment of Flats.pdf | 1 Jul 2021 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- All 65 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
- A summary of everything that changed when the 90 days end
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Builder: NANDKISHORE LIFESPACES PVT LTD
NANDKISHORE LIFESPACES PVT LTD has 1 registration on MahaRERA, including Krishna Valley Phase I. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if Krishna Valley Phase I is delayed beyond 15 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 Valley Phase I?
The registered promoter entity is NANDKISHORE LIFESPACES PVT LTD, a company 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 Valley Phase I?
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 Valley Phase I?
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 Valley Phase I?
The professionals named in the filing: Architect: Rahul Agaj; Engineer: Yateesh Tare; Chartered Accountant: Ashwini Kiran Chavan. 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 Valley Phase I?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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