Home / Browse projects / Raigarh, Maharashtra / Nalanda
Nalanda
RG-MH-23494 · RERA P52000078806 · Last updated on MahaRERA portal: 2 Jul 2026
Source: official MahaRERA filing
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Red flags
- Possession 2 months past the filed date
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
1 condition is 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.
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Nalanda is a Others project by PYRAMID DEVELOPERS in Raigarh, Maharashtra, registered with MahaRERA as P52000078806 on 13 Jan 2025. Possession was promised by 31 Aug 2026 and is now 2 months past that date. 0 of the 21 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.
At a glance
Project
- NameNalanda
- TypeOthers
- Location
- Plot No 117/3
- Panvel
- Raigarh
- 410206
- Pincode410206
- RERA no.P52000078806
- ReraGenie IDRG-MH-23494
Builder
- NamePYRAMID DEVELOPERS
- Entity typePartnership
- PartnersPRAKASH PARKAR, PRANAB PANGAM
- Other registrations6 more →
- Completed4 of 7
- No longer live1 lapsed, de-registered or revoked
- Past their filed date1
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on13 Jan 2025
- Promised completion31 Aug 2026
- Revised completionNone
- Buildings1 building record
- Documents filed31 files
Current status
Figures as on 2 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Nalanda CO HSG SOC | NA | 6 | 6 | 15 | 6 | 21 |
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 2 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
Nalanda CO HSG SOC: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| 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% |
Progress on shared amenities15
As on 2 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 | 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 | 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 filed35
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. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Nalanda Co Operative Housing Society Limited | Panvel | Raigarh |
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Engineer | Jayesh Pandya |
| Chartered Accountant | Rutuja Narsingh & Associates |
| Partner | Role in project |
|---|---|
| PYRAMID 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 19 Dec 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 19 Dec 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Dec 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 2 Jan 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
Documents filed31
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 2A (FY 2025-2026)File: Nalanda Annexure A Form 2A 25-26 (1).pdf | 2 Jul 2026 |
| Commencement Certificates / NA Order for plotted developmentFile: 2 Other - Technical (6).pdf | 2 Jan 2025 |
| Building plan approvalFile: Nalanda Approved Plan 1-3.pdf | 19 Dec 2024 |
| Building plan approvalFile: Nalanda Approved Plan 1-2.pdf | 19 Dec 2024 |
| Building plan approvalFile: Nalanda Approved Plan 1-1.pdf | 19 Dec 2024 |
| Layout approvalFile: Nalanda Approved Plan highlited.pdf | 19 Dec 2024 |
| PAN CardFile: 1 PAN Card (18).pdf | 19 Dec 2024 |
| Copy of the legal title reportFile: nalanda title report verification search chllan_compressed.pdf | 19 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: No Encumbarance Nalanda Finance.pdf | 19 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: No encumbrance Nalanda.pdf | 19 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Nalanda Approved Plan highlited.pdf | 19 Dec 2024 |
| Proforma of Allotment letterFile: AL_Nalanda_Ms Pyramid Developers_20092024.pdf | 19 Dec 2024 |
| Declaration in FORM BFile: form b nalanda Promoter.pdf | 19 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: nalanda rera_compressed.pdf | 19 Dec 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Nalanda CC.pdf | 19 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Nalanda Approved Plan 1-3.pdf | 19 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Nalanda Approved Plan 1-1.pdf | 19 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Nalanda Approved Plan 1-2.pdf | 19 Dec 2024 |
| Declaration about Commencement CertificateFile: 1 Declaration about Commencement Certificate (5).pdf | 19 Dec 2024 |
| CERSAI detailsFile: Declaration Nalanda Cersai.pdf | 19 Dec 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: 1 Declaration about all RERA Designated Bank Accounts (Format A) (4).pdf | 19 Dec 2024 |
| Deviation Report with respect to Allotment letterFile: Deviation Report Nalanda Allotment.pdf | 19 Dec 2024 |
| Details of encumbrances concerned to LegalFile: No Encumbarance Nalanda Finance.pdf | 19 Dec 2024 |
| Details of encumbrances concerned to LegalFile: No encumbrance Nalanda.pdf | 19 Dec 2024 |
| Other - TechnicalFile: 1 Other - Technical (21).pdf | 19 Dec 2024 |
| Other - TechnicalFile: CC Verification Nalanda.pdf | 19 Dec 2024 |
| Deviation Report with respect to model copy of AgreementFile: Nalanda Deviation Report Agreement.pdf | 19 Dec 2024 |
| Proforma of Agreement for saleFile: AFS_Nalanda_Ms Pyramid Developers_20092024.pdf | 19 Dec 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ilovepdf_merged (79).pdf | 19 Dec 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: nalanda format b Dated Revised.pdf | 19 Dec 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for finance Nalanda.pdf | 19 Dec 2024 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 6 other registrations, which the RERA portal never shows together
- All 31 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: PYRAMID DEVELOPERS
Pyramid Developers has 7 registrations on MahaRERA, including The Nook Phase 1 and 81 AUREATE. 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 Nalanda is delayed beyond 31 Aug 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 Nalanda?
The registered promoter entity is PYRAMID 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 Nalanda?
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 Nalanda?
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 Nalanda?
The professionals named in the filing: Engineer: Jayesh Pandya; Chartered Accountant: Rutuja Narsingh & 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 Nalanda?
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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