Home / Browse projects / Raigarh, Maharashtra / Nitesh Residency
Nitesh Residency
RG-MH-04197 · RERA P52000021405 · Last updated on MahaRERA portal: 10 Feb 2023
Source: official MahaRERA filing
Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
At a glance
Project
- NameNitesh Residency
- TypeOthers
- Location
- Sector -5
- Taloja New
- Taloje Panchnad
- Panvel
- Raigarh
- 410208
- Pincode410208
- RERA no.P52000021405
- ReraGenie IDRG-MH-04197
Builder
- NamePOWER INFRATECH DEVELOPERS
- Entity typePartnership
- Track record1 past project →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on26 Jun 2019
- Promised completion30 Apr 2022
- Revised completionNone
- Buildings1 building record
- Documents filed28 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Nitesh Residency | NA | 5 | 0 | 0 | 0 | 0 |
These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.
Builder: POWER INFRATECH DEVELOPERS
POWER INFRATECH DEVELOPERS has 2 registrations in this build, including Nitesh Residency and SUNSHINE LANDMARK. Its filings disclose 1 earlier MahaRERA project: 1 of 1 past projects completed on time. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if Nitesh Residency is delayed beyond 30 Apr 2022?
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 Nitesh Residency?
The registered promoter entity is POWER INFRATECH DEVELOPERS, a partnership as per the filing. The filing discloses no 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, all downloadable free from this page with a login.
Is my payment protected in Nitesh 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.
Who certifies construction progress at Nitesh Residency?
The professionals named in the filing: Architect: Aakar Siddhi Architects & Planners. 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 Nitesh 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.
Spotted something wrong? Report a data issue