Home / Browse projects / Nashik, Maharashtra / Nayantara Presidency Phase 1
Nayantara Presidency Phase 1
By Pancharatna Builcon Pvt. Ltd
RG-MH-00444 · RERA P51600000245 · Last updated on MahaRERA portal: 14 Nov 2024
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 35 months
- 3 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 earlier projects delivered on promise
3 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 Nashik 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.
Nayantara Presidency Phase 1 is a Residential / Group Housing project by Pancharatna Builcon Pvt. Ltd in Nashik, Maharashtra, registered with MahaRERA as P51600000245 on 10 Jul 2017. The registration is recorded completed; possession was promised by 9 May 2024. The completion date has moved by 35 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameNayantara Presidency Phase 1
- TypeResidential / Group Housing
- Location
- pethe nagar
- Bombay Agra Highway
- Nashik
- 422002
- Pincode422002
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600000245
- ReraGenie IDRG-MH-00444
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on10 Jul 2017
- Promised completion9 May 2024
- Revised completionRevised to 9 May 2024 (originally 30 Jun 2021)
- Buildings4 building records
- Documents filed159 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| G-Hibiscus | NA | 17 | 0 | 0 | 0 | 0 |
| H-Hyacinth | NA | 17 | 0 | 0 | 0 | 0 |
| I-Jasmine | NA | 17 | 0 | 0 | 0 | 0 |
| J-Lily | NA | 17 | 0 | 0 | 0 | 0 |
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 building4
As on 14 Nov 2024, 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.
44 of 44 construction stages are filed complete across 4 buildings.
G-Hibiscus100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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% |
H-Hyacinth100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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% |
I-Jasmine100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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% |
J-Lily100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| 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 14 Nov 2024, 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 | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 95% |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 50% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed208
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 |
|---|---|---|---|
| G-Hibiscus | 30 | 0 | 30 |
| H-Hyacinth | 35 | 0 | 35 |
| I-Jasmine | 77 | 11 | 88 |
| J-Lily | 45 | 10 | 55 |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 |
|---|---|
| Architect | Shri Architects |
| Engineer | JW |
| Partner | Role in project |
|---|---|
| Pancharatna Builcon 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 promoterTo The RERA, Maharashtra State. Sir, The project Nayantara Pancharatna Buildcon Pvt.Ltd are divided into following: Phase-1-Wing- G,H, I & J wings (RERA No.-P51600000245) The said project has received complete approval for all phases from Nashik Municipal Corporation. The CC No.- B5/401/17567 dated 09.03.2018. Nashik, a tier II city have undergone a lot of challenges in real estate sector. Our Project, Nayantara Presidency went through several challenges over past 8 years. Which includes 3 years halt due to Environment Clearance, Approval related issues due to new DCPR at Nashik Muncipal Corpo
Reason as filed by the promoterTo, The RERA, Maharastra state. Sir, The Project Nayantara Presidency by - Pancharatna Buildcon Pvt. Ltd. are divided into following: Phase-1-Wing- G,H,I & J wings (RERA No. - P51600000245) The said has received complete approval for all phases from Nashik Municipal Corporation. The CC No.-B5/401/17567 dated 09.03.2018. Now after securing all the necessary approvals from NMC, EC department, MCPB department, etc. We are in state to complete the project with our full capacity. We seek your kind approval in extending our committed project delivery timelines from 31st December 2022 to 31st Decembe
Reason as filed by the promoterTo, The MahaRERA, Maharastra State Subject: Application for Extension of MahaRERA Registration P51600000245, Project name- Nayantara Presidency phase 1 (G,H,I & J WINGS). Dear Sir/Madam, I am writing to request an extension of my registration under the Maharashtra Real Estate Regulatory Authority (MahaRERA). My registration details are as follows: Project Name: Nayantara Presidency - Phase1 ( G,H ,I & J WINGS). MahaRERA Registration NumberP51600000245 We are pleased to inform you that we have successfully received the Occupancy Certificate for the above-mentioned project, which signifies the s
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| SM12500083 | Ram G | Pancharatna Builcon Pvt. Ltd | 11/08/2025 |
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 21 Jun 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 10 Apr 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Jan 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 7 Oct 2024
Documents filed159
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 159 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 |
|---|---|
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT- CERTIFICATE-PBPL-PH-I.pdf | 14 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: PBPL- SOLD - UNSOLD -PH-I.pdf | 14 Nov 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT- CERTIFICATE-PBPL-PH-I.pdf | 14 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: PBPL- SOLD - UNSOLD -PH-I.pdf | 14 Nov 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT- CERTIFICATE-PBPL-PH-I.pdf | 14 Nov 2024 |
| Disclosure of sold/ booked inventoryFile: PBPL- SOLD - UNSOLD -PH-I.pdf | 14 Nov 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE-PH-I -PBPL.pdf | 11 Nov 2024 |
| Certificates of CA (Form 3)File: FORM NO-3-CERTIFICATE-PBPL-PH-1_compressed.pdf | 11 Nov 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE-PH-I -PBPL.pdf | 11 Nov 2024 |
| Certificates of CA (Form 3)File: FORM NO-3-CERTIFICATE-PBPL-PH-1_compressed.pdf | 11 Nov 2024 |
| Certificates of CA (Form 3)File: FORM NO-3-CERTIFICATE-PBPL-PH-1_compressed.pdf | 11 Nov 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE-PH-I -PBPL.pdf | 11 Nov 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Phase1.pdf | 5 Nov 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Form 4 Phase1.pdf | 7 Oct 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Form 4 Phase1.pdf | 7 Oct 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Form 4 Phase1.pdf | 7 Oct 2024 |
| Declaration in FORM BFile: Form B R2_compressed.pdf | 12 Aug 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 CA.pdf | 29 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: ENGINEER'S CERTIFICATE FOR QUALITY ASSURANCE-0245.pdf | 25 May 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Presidency Final OC EFGHI wings.pdf | 25 May 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT' CERTIFICATE-245.pdf | 16 Apr 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE -0245.pdf | 15 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD-0245.pdf | 15 Apr 2024 |
| Certificates of CA (Form 3)File: CHARTERED ACCOUNTANTS CERTIFICATE-245.pdf | 15 Apr 2024 |
| Certificates of CA (Form 3)File: CA CERTIFICATE-245.pdf | 20 Jan 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: RERA PBPL - BANK DETAILS.pdf | 18 Jan 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTICATE-245.pdf | 17 Jan 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE-245.pdf | 17 Jan 2024 |
| CERSAI detailsFile: PBPL CERSAI.pdf | 17 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD-245.pdf | 17 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2018 CC Presidency.pdf | 16 Jan 2024 |
| CERSAI detailsFile: Presidency CERSAI.pdf | 16 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf | 16 Jan 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE-245.pdf | 7 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE-245.pdf | 7 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD AND BOOKED -245.pdf | 7 Oct 2023 |
| Certificates of CA (Form 3)File: PBPL PHASE1.pdf | 7 Oct 2023 |
| Certificates of CA (Form 3)File: CA CERTIFICATE-245.pdf | 24 Jul 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: INFORMATION OF SOLD-UNSOLD-245.pdf | 7 Jul 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE-245.pdf | 7 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: ENGINEER'S CERRTIFICATE-QUALITY ASSURANCE.pdf | 7 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: INFORMATION OF SOLD-UNSOLD-245.pdf | 7 Jul 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: CA CERTIFICATE-ANNUAL REPORT.pdf | 7 Jul 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architiect's Certificate.pdf | 7 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERRTIFICATE.pdf | 7 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 7 Apr 2023 |
| Certificates of CA (Form 3)File: CA CERTIFICATE.pdf | 7 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 04 CA CERTIFICATE- ANNUAL REPORT.pdf | 28 Mar 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: PBPL-PHASE-245.pdf | 25 Mar 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PBPL-245.pdf | 7 Jan 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PBPL-245.pdf | 7 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: PBPL-245.pdf | 7 Jan 2023 |
| Certificates of CA (Form 3)File: PBPL-245.pdf | 7 Jan 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT'S CERTIFICATE Ph1.pdf | 7 Oct 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE phase1.pdf | 7 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD Phase1.pdf | 7 Oct 2022 |
| Certificates of CA (Form 3)File: CA CERTIFICATE Phase1.pdf | 7 Oct 2022 |
| Certificates of CA (Form 3)File: CA CERTIFICATE Phase1.pdf | 7 Oct 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTIFICATE.pdf | 7 Jul 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINNERS CERTIFICATE.pdf | 7 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: SOLD BOOK.pdf | 7 Jul 2022 |
| Certificates of CA (Form 3)File: C A CERTIFICATE.pdf | 7 Jul 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 01 ARCHITECT'S CERTIFICATE.pdf | 6 Apr 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 02 ENGINEER'S CERTIFICATE.pdf | 6 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 03 ENGINEER'S CERTIFICATE FOR QUALITY ASSURANCE.pdf | 6 Apr 2022 |
| Disclosure of sold/ booked inventoryFile: 05 INFORMATION OF SOLD.pdf | 6 Apr 2022 |
| Certificates of CA (Form 3)File: 04 CA.pdf | 6 Apr 2022 |
| Certificates of CA (Form 5)File: 04 CA CERTIFICATE- ANNUAL REPORT.pdf | 6 Apr 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Annexure A form 1.pdf | 7 Jan 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Annexure B form 2.pdf | 7 Jan 2022 |
| Disclosure of sold/ booked inventoryFile: sold book.pdf | 7 Jan 2022 |
| Certificates of CA (Form 3)File: Annexture -D Form 3 R1.pdf | 7 Jan 2022 |
| Details of encumbrancesFile: Presidency Encumbrance.pdf | 28 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: Presidency P1.pdf | 6 Oct 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ph1.pdf | 5 Oct 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Cert NP PH1 Q2 2021_compressed.pdf | 5 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A NP PH1_compressed.pdf | 5 Oct 2021 |
| Certificates of CA (Form 3)File: pbpl form 3 phase 1_compressed.pdf | 5 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 P1 2019-2020.pdf | 5 Oct 2021 |
| Details of encumbrancesFile: Presidency _Encumbrance '21.pdf | 10 Sep 2021 |
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Anmol Nayantara City Two phase 2P51600000215 | Karmayogi nagar, Nashik | Jul 2017 | Certificate Signed | Jul 2024Registered original: Jun 2021 | Jun 2022 |
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Buyer report
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- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 159 filed documents as one ZIP, foldered, with a manifest
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Builder: Pancharatna Builcon Pvt. Ltd
Pancharatna Builcon Pvt. Ltd has 4 registrations on MahaRERA, including Nayantara Presidency Phase 1 and Nayantara Presidency Phase 2. 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 Nashik district page.
Frequently asked questions
What are my rights if Nayantara Presidency Phase 1 is delayed beyond 9 May 2024?
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 Nayantara Presidency Phase 1?
The registered promoter entity is Pancharatna Builcon 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 Nayantara Presidency Phase 1?
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 do I read the complaint cases filed against Nayantara Presidency Phase 1?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Nayantara Presidency Phase 1?
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 Nayantara Presidency Phase 1?
The professionals named in the filing: Architect: Shri Architects; Engineer: JW. 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 Nayantara Presidency Phase 1?
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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