Home / Browse projects / Satara, Maharashtra / NAKSHATRA RESIDENCY
NAKSHATRA RESIDENCY
By RENAISSANCE BUILDERS AND DEVELOPERS
RG-MH-91520 · RERA P52700054061 · Last updated on MahaRERA portal: 17 Jun 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 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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NAKSHATRA RESIDENCY is a Others project by RENAISSANCE BUILDERS AND DEVELOPERS in Satara, Maharashtra, registered with MahaRERA as P52700054061 on 27 Dec 2023. Possession is promised by 31 Dec 2027. 30 of the 69 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete.
At a glance
Project
- NameNAKSHATRA RESIDENCY
- TypeOthers
- Location
- WAI SURUR ROAD
- S NO 623/2/1
- Shahabag (N.V.)
- Wai
- Satara
- 412803
- Pincode412803
- RERA no.P52700054061
- ReraGenie IDRG-MH-91520
Builder
- NameRENAISSANCE BUILDERS AND DEVELOPERS
- Entity typePartnership
- PartnersRAJARAM DATTRATRAY PATIL, NARAYAN RAMCHANDRA HANDE, SADANAND KISAN MANDHARE
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on27 Dec 2023
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed101 files
Current status
Figures as on 17 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| NAKSHATRA RESIDENCY | NA | 7 | 0 | 45 | 24 | 69 |
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 17 Jun 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.
2 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 95%.
NAKSHATRA RESIDENCY: 50% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 90% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 90% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 95% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 80% |
| 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 17 Jun 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 | Yes | 0% |
| Street Lighting | No | Not applicable |
| 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 | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership4
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 |
|---|---|---|
| RENAISSANCE BUILDERS AND DEVELOPERS | Chikhali | Satara |
| SADANAND KISAN MANDHARE | Chikhali | Satara |
| RAJARAM DATTATRAY PATIL | Navi Mumbai (M Corp.) | Thane |
| NARAYAN RAMCHANDRA HANDE | Navi Mumbai (M Corp.) | Thane |
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 |
|---|---|---|---|
| NAKSHATRA RESIDENCY | NA | Rs 22.50 cr | Rs 10.59 cr |
| - | NA | Rs 2.50 cr | Rs 22.00 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 | NAND ARCH CREATION |
| Engineer | SAURABH RAVALIA |
| Chartered Accountant | VINAY ARVIND LOKHANDE |
| Partner | Role in project |
|---|---|
| RENAISSANCE 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 reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 25 Dec 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 6 Sep 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 6 Sep 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 6 Sep 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 31 Dec 2027
Documents filed101
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 101 are shown. 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 | 17 Jun 2026 |
| Withdrawal Update Form 2File: FORM-2.pdf | 17 Jun 2026 |
| Withdrawal Update Form 3File: Form-3.pdf | 17 Jun 2026 |
| Form 2A (FY 2024-2025)File: FORM-2A.pdf | 17 Jun 2026 |
| Form 2A (FY 2025-2026)File: FORM-2A.pdf | 17 Jun 2026 |
| Withdrawal Update Form 1File: FORM-1.pdf | 16 Jun 2026 |
| Withdrawal Update Form 2File: Form-2.pdf | 16 Jun 2026 |
| Withdrawal Update Form 3File: FORM-3.pdf | 16 Jun 2026 |
| Form 1File: FORM-1 (1).pdf | 29 Dec 2025 |
| Form 2File: FORM-2 1.pdf | 29 Dec 2025 |
| Form 3File: FORM-3-1.pdf | 29 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 29 Dec 2025 |
| Form 1File: FORM-1.pdf | 29 Dec 2025 |
| Form 2File: FORM-2.pdf | 29 Dec 2025 |
| Form 3File: FORM-3.pdf | 29 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 29 Dec 2025 |
| Form 1File: FORM-1.pdf | 29 Dec 2025 |
| Form 2File: FORM-2.pdf | 29 Dec 2025 |
| Form 3File: FORM-3.pdf | 29 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold.pdf | 29 Dec 2025 |
| Withdrawal Update Form 1File: FORM-1 (1).pdf | 29 Dec 2025 |
| Withdrawal Update Form 1File: FORM-1 (1).pdf | 29 Dec 2025 |
| Withdrawal Update Form 1File: FORM-1.pdf | 29 Dec 2025 |
| Withdrawal Update Form 2File: FORM-2 (1).pdf | 29 Dec 2025 |
| Withdrawal Update Form 2File: FORM-2 (1).pdf | 29 Dec 2025 |
| Withdrawal Update Form 2File: FORM-2.pdf | 29 Dec 2025 |
| Withdrawal Update Form 3File: FORM-3 (1).pdf | 29 Dec 2025 |
| Withdrawal Update Form 3File: FORM-3 (1).pdf | 29 Dec 2025 |
| Withdrawal Update Form 3File: FORM-3 (1).pdf | 29 Dec 2025 |
| Form 1File: FORM-1-1.pdf | 23 Dec 2025 |
| Form 2File: FORM-2.pdf | 23 Dec 2025 |
| Form 3File: FORM-3 (1).pdf | 23 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD.pdf | 23 Dec 2025 |
| Form 1File: FORM-1.pdf | 12 Dec 2025 |
| Form 2File: FORM-2.pdf | 12 Dec 2025 |
| Form 3File: FORM-3.pdf | 12 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD.pdf | 12 Dec 2025 |
| Form 1File: FORM-1.pdf | 12 Dec 2025 |
| Form 2File: FORM-2.pdf | 12 Dec 2025 |
| Form 3File: FORM-3.pdf | 12 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD.pdf | 12 Dec 2025 |
| Form 2A (FY 2023-2024)File: FORM-2A.pdf | 12 Dec 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf | 6 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf | 6 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2.pdf | 4 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2_compressed.pdf | 4 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2.pdf | 4 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2_compressed.pdf | 4 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf | 4 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM-2A.pdf | 4 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf | 28 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf | 28 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf | 28 Dec 2024 |
| Copy of the legal title reportFile: Search Updated_compressed.pdf | 25 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 25 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 25 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 25 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 25 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1.pdf | 20 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2.pdf | 20 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf | 20 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf | 29 Oct 2023 |
| CERSAI detailsFile: CLARIFY CERSAI NOT UPDATED.pdf | 9 Oct 2023 |
| Details of encumbrances concerned to FinanceFile: CLARIFY CERSAI NOT UPDATED.pdf | 8 Oct 2023 |
| Details of encumbrances concerned to LegalFile: CLARIFY CERSAI NOT UPDATED.pdf | 8 Oct 2023 |
| Declaration in FORM BFile: FORM-B_compressed.pdf | 8 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3.pdf | 8 Oct 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: SEPRATE BANK ACCOUNT.pdf | 8 Oct 2023 |
| Layout approvalFile: LAYOUT PLAN.pdf | 6 Sep 2023 |
| Building plan approvalFile: PLAN-1.pdf | 6 Sep 2023 |
| Building plan approvalFile: PLAN-2.pdf | 6 Sep 2023 |
| Building plan approvalFile: PLAN-3.pdf | 6 Sep 2023 |
| Building plan approvalFile: PLAN-4.pdf | 6 Sep 2023 |
| Building plan approvalFile: PLAN-5.pdf | 6 Sep 2023 |
| PAN CardFile: PAN.pdf | 6 Sep 2023 |
| Copy of the legal title reportFile: LEGAL REPORT.pdf | 6 Sep 2023 |
| Details of encumbrances concerned to FinanceFile: LEGAL ENCUMBRANCE.pdf | 6 Sep 2023 |
| Details of encumbrances concerned to FinanceFile: FINANCE ENCUMBARANCE.pdf | 6 Sep 2023 |
| Details of encumbrances concerned to LegalFile: LEGAL ENCUMBRANCE.pdf | 6 Sep 2023 |
| Details of encumbrances concerned to LegalFile: FINANCE ENCUMBARANCE.pdf | 6 Sep 2023 |
Promoter's earlier projects1
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| NANDNVAN RESIDENCY | VIRATNAGAR WAI | 1 | Completed | Dec 2024 | Mar 2023 |
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How this compares with Satara
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Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- All 101 filed documents as one ZIP, foldered, with a manifest
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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: RENAISSANCE BUILDERS AND DEVELOPERS
RENAISSANCE BUILDERS AND DEVELOPERS has 1 registration on MahaRERA, including NAKSHATRA RESIDENCY. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Satara district page.
Frequently asked questions
What are my rights if NAKSHATRA RESIDENCY 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 NAKSHATRA RESIDENCY?
The registered promoter entity is RENAISSANCE BUILDERS AND DEVELOPERS, a partnership 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 NAKSHATRA 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 NAKSHATRA 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 NAKSHATRA RESIDENCY?
The professionals named in the filing: Architect: NAND ARCH CREATION; Engineer: SAURABH RAVALIA; Chartered Accountant: VINAY ARVIND LOKHANDE. 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 NAKSHATRA 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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