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Completed No litigation declared Residential / Group Housing project

Nayantara Presidency Phase 2

By Pancharatna Builcon Pvt. Ltd

RG-MH-00454 · RERA P51600000079 · Last updated on MahaRERA portal: 25 May 2024

Source: official MahaRERA filing

Red flags

  • 1 complaint at MahaRERA
  • Completion date moved by 42 months
  • 2 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.
Mar 2025Possession promisedregistration recorded completed
12 of 22Construction stages doneacross 2 buildings; furthest along: Internal walls, 90%
1Complaints at MahaRERAon this registration
Jump to the 144 documents Report an error

Nayantara Presidency Phase 2 is a Residential / Group Housing project by Pancharatna Builcon Pvt. Ltd in Nashik, Maharashtra, registered with MahaRERA as P51600000079 on 28 Jun 2017. The registration is recorded completed; possession was promised by 30 Mar 2025. The completion date has moved by 42 months from the original filing. 1 complaint is on record with the regulator.

At a glance

Project

  • NameNayantara Presidency Phase 2
  • TypeResidential / Group Housing
  • Location
    • Mumbai Agra highway
    • Rajiv nagar
    • Nashik (M Corp.)
    • Nashik
    • 422002
  • Pincode422002
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600000079
  • ReraGenie IDRG-MH-00454

Builder

  • NamePancharatna Builcon Pvt. Ltd
  • Entity typeCompany
  • Managing DirectorAbhay Kantilal Tated
  • Other registrations3 more →
  • Completed2 of 4
  • Declared earlier projects1 →

Key dates

this monthRegisteredJun 2017First promiseSep 2021Revised toMar 2025Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on28 Jun 2017
  • Promised completion30 Mar 2025
  • Revised completionRevised to 30 Mar 2025 (originally 30 Sep 2021)
  • Buildings2 building records
  • Documents filed144 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
E-DahliaNA170000
F-GeraniumNA170000

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 25 May 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.

12 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 90%.

E-Dahlia76%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises85%
Sanitary Fittings within the flats / premises10%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks65%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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.25%
F-Geranium83%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises90%
Sanitary Fittings within the flats / premises25%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks90%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.85%
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.25%

Progress on shared amenities15

As on 25 May 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 facilityProposedProgress
Internal Roads & FootpathsYes50%
Water SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes85%
Storm Water DrainsYes80%
Landscaping & Tree PlantingYes30%
Street LightingYes50%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes50%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes50%
Electrical meter room, sub-station, receiving stationYes50%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed123

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.

Total parking slots123
Closed/Covered102
Open Space21
BuildingClosed/CoveredOpen SpaceTotal
E-Dahlia481058
F-Geranium541165

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.

Land area2,676 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI12315.0
Proposed, not sanctioned9,781 sq m
Buildings approved2
Buildings sanctioned2

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.

Separate project accountDeclared
Bank branchPlot no P/24,NR Sakal Circle, MIDC Satpur,422007

Certifying professionals and partners2

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectShri Architects
EngineerJw consultants LLP
PartnerRole in project
Pancharatna Builcon Pvt. Ltd-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51600015191Sep 2021 → Mar 2025

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-2 -Wing- E & F wings (RERA No. - P51600000079) 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 30th March 2023 to 30th March 2025. I

EXT51600009777Sep 2021 → Sep 2022

Reason as filed by the promoterTo The RERA, Maharashtra State. Sir, The project Nayantara Presidency by Pancharatna Buildcon Pvt.Ltd Phase-2-Wing- E & F wings (RERA No.-P51600000079) 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 Corportion etc. Now , af

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
SM12500084Ram GPancharatna Builcon Pvt. Ltd11/08/2025

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 21 Jun 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 27 Jun 2017
  3. 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
  4. 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.
  5. 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 25 May 2024

Documents filed144

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 144 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.

DocumentUploaded
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: ENGINEER'S CERTIFICATE FOR QUALITY ASSURANCE-079.pdf25 May 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Presidency Final OC EFGHI wings.pdf25 May 2024
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Phase2.pdf25 May 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE-079.pdf15 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE -079.pdf15 Apr 2024
Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD-079.pdf15 Apr 2024
Certificates of CA (Form 3)File: CHARTERED ACCOUNTANTS CERTIFICATE-079.pdf15 Apr 2024
Certificates of CA (Form 3)File: CA CERTIFICATE-079.pdf20 Jan 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: RERA PBPL - BANK DETAILS.pdf18 Jan 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTICATE-079.pdf17 Jan 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE-079.pdf17 Jan 2024
CERSAI detailsFile: PBPL CERSAI.pdf17 Jan 2024
Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD-079.pdf17 Jan 2024
Commencement Certificates / NA Order for plotted developmentFile: 2018 CC Presidency.pdf16 Jan 2024
CERSAI detailsFile: Presidency CERSAI.pdf16 Jan 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf16 Jan 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE-079.pdf7 Oct 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE-079.pdf7 Oct 2023
Disclosure of sold/ booked inventoryFile: SOLD AND BOOKED -079.pdf7 Oct 2023
Certificates of CA (Form 3)File: PBPL PHASE2.pdf7 Oct 2023
Certificates of CA (Form 3)File: CA CERTIFICATE-079.pdf24 Jul 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate-079.pdf7 Jul 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE-079.pdf7 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: ENGINEER'S CERTIFICATE- QUALITY ASSURANCE.pdf7 Jul 2023
Disclosure of sold/ booked inventoryFile: INFORMATION OF SOLD-UNSOLD-079.pdf7 Jul 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: CA CERTIFICATE-ANNUAL REPORT.pdf7 Jul 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect's Certificate.pdf7 Apr 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER'S CERTIFICATE.pdf7 Apr 2023
Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf7 Apr 2023
Certificates of CA (Form 3)File: CA CERTIFICATE.pdf7 Apr 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 04 CA CERTIFICATE- ANNUAL REPORT.pdf28 Mar 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: PBPL-PHASE-079.pdf25 Mar 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PBPL-079.pdf7 Jan 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PBPL-079.pdf7 Jan 2023
Disclosure of sold/ booked inventoryFile: PBPL-079NEW.pdf7 Jan 2023
Certificates of CA (Form 3)File: PBPL-079.pdf7 Jan 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT'S CERTIFICATE Ph2.pdf7 Oct 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE Phase2.pdf7 Oct 2022
Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD Phase2.pdf7 Oct 2022
Certificates of CA (Form 3)File: CA CERTIFICATE phase2.pdf7 Oct 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARHITECTS CERTIFICATE.pdf7 Jul 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE.pdf7 Jul 2022
Disclosure of sold/ booked inventoryFile: SOLD BOOK.pdf7 Jul 2022
Certificates of CA (Form 3)File: C A CERTIFICATE.pdf7 Jul 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 01 ARCHITECT'S CERTIFICATE.pdf6 Apr 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 02 ENGINEER CERTIFICATE.pdf6 Apr 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 03 ENGINEER CERTIFICATE- QUALITY ASSURANCE.pdf6 Apr 2022
Disclosure of sold/ booked inventoryFile: 05 INFORMATION OF SOLD.pdf6 Apr 2022
Certificates of CA (Form 3)File: 04 CA CERTIFICATE.pdf6 Apr 2022
Certificates of CA (Form 5)File: 04 CA CERTIFICATE- ANNUAL REPORT.pdf6 Apr 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Annexure A Form 1.pdf7 Jan 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Annexure B Form 2.pdf7 Jan 2022
Disclosure of sold/ booked inventoryFile: Sold Book.pdf7 Jan 2022
Certificates of CA (Form 3)File: Annexture -D Form 3_R1.pdf7 Jan 2022
Details of encumbrancesFile: Presidency Encumbrance.pdf28 Oct 2021
Disclosure of sold/ booked inventoryFile: Presidency P2.pdf6 Oct 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_ph2.pdf5 Oct 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Cert NP PH2 Q2 2021_compressed.pdf5 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A NP PH2_compressed.pdf5 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A NP PH2_compressed.pdf5 Oct 2021
Certificates of CA (Form 3)File: Pbpl form 3 phase 2_compressed.pdf5 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 P2 2019-2020.pdf5 Oct 2021
Details of encumbrancesFile: Presidency _Encumbrance '21.pdf10 Sep 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Phase2.pdf15 Aug 2021
Disclosure of sold/ booked inventoryFile: Sold Unsold_P2.pdf15 Aug 2021
Certificates of CA (Form 3)File: Form 3_Ph2_Q1.pdf15 Aug 2021
Certificates of CA (Form 3)File: Form 3_Ph2_compressed.pdf15 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Presidency Phase2.pdf14 Aug 2021
Declaration about Commencement CertificateFile: Phase2.pdf7 Aug 2021
Disclosure of sold/ booked inventoryFile: Presidency Phase 2 sold unsold flat.pdf29 Jun 2021
Disclosure of sold/ booked inventoryFile: Presidency Sold Unsold Ph2_compressed.pdf29 Jun 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Phase2.pdf24 Jun 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Phase2_R1.pdf21 May 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate Phase-II 040521.pdf21 May 2021
Certificates of CA (Form 3)File: FORM 3 Phase2.pdf21 May 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM NO 5 P2.pdf21 May 2021
Details of Restarting of Construction work post lockdownFile: Postcovid-Presidency-P2.pdf27 Jun 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form-5-PRESIDENCY-P-2.pdf4 Jan 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: arch phase 2.pdf20 Apr 2019
Certificates of CA (Form 3)File: phase 2 form 3 presidency_compressed.pdf20 Apr 2019

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.

1 delivered on promise
ProjectLocationRegisteredStatusPromisedDelivered
Anmol Nayantara City Two phase 2P51600000215Karmayogi nagar, NashikJul 2017Certificate SignedJul 2024Registered original: Jun 2021Jun 2022

How this compares with Nashik

10%of Nashik projects moved their completion datethis one moved by 42 months
19%of Nashik registrations have lapsed or been cancelledthis one is completed

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Rajiv nagar4,100+ in Nashik

2 kmNayantara Presidency PhaCompleted 106Lapsed / revoked 28Other 72Dot size: filed unitsN

Filed coordinates, straight-line distance. 206 registered projects within 2 km.

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 2 is delayed beyond 30 Mar 2025?

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 2?

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 2?

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 2?

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 2?

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 2?

The professionals named in the filing: Architect: Shri Architects; Engineer: Jw consultants LLP. 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 2?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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