Home / Browse projects / Nashik, Maharashtra / PRAYAG NAKSHATRA
PRAYAG NAKSHATRA
RG-MH-77189 · RERA P51600053874 · Last updated on MahaRERA portal: 12 Jul 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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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PRAYAG NAKSHATRA is a Others project by PRAYAG REALTY in Nashik, Maharashtra, registered with MahaRERA as P51600053874 on 8 Dec 2023. Possession is promised by 31 Mar 2029. 7 of the 61 units on this registration are recorded sold or booked, and 10 of 20 construction stages are filed complete.
At a glance
Project
- NamePRAYAG NAKSHATRA
- TypeOthers
- Location
- TARWALA NAGAR-AMRUTDHAM LINK ROAD
- SAWATA NAGAR
- Nashik (M Corp.)
- Nashik
- 422003
- Pincode422003
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51600053874
- ReraGenie IDRG-MH-77189
Builder
- NamePRAYAG REALTY
- Entity typePartnership
- PartnersCHANDUBHAI DEVJI BHAGAT, DEEPESH NARSHIBHAI CHHABHAIYA, NILESH CHANDUBHAI BHAGAT
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on8 Dec 2023
- Promised completion31 Mar 2029
- Revised completionNone
- Buildings2 building records
- Documents filed66 files
Current status
Figures as on 12 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| WING A | NA | 9 | 8 | 28 | 5 | 33 |
| WING B | NA | 9 | 7 | 28 | 0 | 28 |
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 12 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.
10 of 20 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 70%.
WING A72%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 60% |
| Sanitary Fittings within the flats / premises | 60% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 70% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 30% |
| 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% |
WING B66%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 60% |
| Sanitary Fittings within the flats / premises | 70% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 30% |
| 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 12 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 | Yes | 0% |
Parking filed173
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 |
|---|---|---|---|
| WING A | 41 | 30 | 71 |
| WING B | 81 | 21 | 102 |
Land and ownership
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.
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 |
|---|---|---|---|
| WING A | NA | Rs 5.54 cr | Rs 3.17 cr |
| WING B | NA | Rs 4.13 cr | Rs 2.36 cr |
| - | NA | Rs 26.36 lakh | Rs 9.87 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SURESH N PATEL |
| Engineer | SUNIL H PATEL |
| Engineer | DEEPESH NARSHIBHAI CHHABHAIYA |
| Chartered Accountant | MAYA RAMANI |
| Chartered Accountant | DILIP SHANTILAL PATEL |
| Partner | Role in project |
|---|---|
| PRAYAG REALTY | - |
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 22 Nov 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 3 Nov 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 26 Nov 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Nov 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 Mar 2029
Documents filed66
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 |
|---|---|
| Withdrawal Update Form 1File: FORM 1 SURESH MAVANI.pdf | 12 Jul 2026 |
| Withdrawal Update Form 2File: Form 2 Prayag Realty.pdf | 12 Jul 2026 |
| Withdrawal Update Form 3File: form 3 MAYA.pdf | 12 Jul 2026 |
| Withdrawal Update Form 1File: FORM 1 SURESH MAVANI.pdf | 18 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 Prayag Realty.pdf | 18 Apr 2026 |
| Withdrawal Update Form 3File: form 3 MAYA.pdf | 18 Apr 2026 |
| Form 2A (FY 2025-2026)File: Form 2A.pdf | 18 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1 SURESH MAVANI.pdf | 16 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 Prayag Realty.pdf | 16 Jan 2026 |
| Withdrawal Update Form 3File: form 3 MAYA.pdf | 16 Jan 2026 |
| Building plan approvalFile: REVISED BUILDING PLAN.pdf | 26 Nov 2025 |
| Form 5 (FY 2023-2024)File: FORM 5 PRAYAG REALTY FY 23-24.pdf | 26 Nov 2025 |
| Withdrawal Update Form 1File: FORM 1 SURESH MAVANI.pdf | 14 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 Prayag Realty.pdf | 14 Oct 2025 |
| Withdrawal Update Form 3File: form 3 MAYA.pdf | 14 Oct 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 PRAYAG REALTY.pdf | 24 Sep 2025 |
| Building plan approvalFile: REVISED BUILDING PLAN.pdf | 24 Jul 2025 |
| Withdrawal Update Form 1File: FORM 1 SURESH MAVANI.pdf | 24 Jul 2025 |
| Withdrawal Update Form 2File: Form 2 Prayag Realty.pdf | 24 Jul 2025 |
| Withdrawal Update Form 3File: form 3 MAYA.pdf | 24 Jul 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SELF CLARIFICATION Q4 FY 24-25.pdf | 8 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER OF INVENTORY MARCH 25.pdf | 8 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SELF CLARIFICATION Q3 FY 24-25.pdf | 25 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER OF INVENTORY DEC 24.pdf | 25 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 PRAYAG REALTY FY 23-24.pdf | 20 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2 A NEW FY 2023-2024.pdf | 20 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2 A NEW FY 2023-2024.pdf | 20 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 PRAYAG REALTY FY 23-24.pdf | 20 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SELF CLARIFICATION Q2 FY 24-25.pdf | 17 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER OF INVENTORY SEP 24.pdf | 17 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER OF INVENTORY JUNE 24.pdf | 9 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SELF CLARIFICATION Q1 FY 24-25.pdf | 9 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER OF INVENTORY MARCH 24.pdf | 17 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SELF CLARIFICATION Q4 FY 23-24.pdf | 17 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSER OF INVENTORY DEC 23.pdf | 19 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SELF CLARIFICATION Q3 FY 23-24.pdf | 19 Jan 2024 |
| Other - LegalFile: AGREMENT PLOT PURCHASE.pdf | 29 Nov 2023 |
| Copy of the legal title reportFile: TITLE SEARCH - NEW.pdf | 22 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: BASEMENT PLAN_rotated.pdf | 17 Nov 2023 |
| Layout approvalFile: FINAL LAYOUT- 25-05-2022.pdf | 3 Nov 2023 |
| Details of encumbrances concerned to FinanceFile: NO ENC - FINANCE.pdf | 3 Nov 2023 |
| Details of encumbrances concerned to FinanceFile: NO ENC - LEGAL.pdf | 3 Nov 2023 |
| Details of encumbrances concerned to LegalFile: NO ENC - FINANCE.pdf | 3 Nov 2023 |
| Details of encumbrances concerned to LegalFile: NO ENC - LEGAL.pdf | 3 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: FINAL LAYOUT- 25-05-2022.pdf | 3 Nov 2023 |
| Declaration about Commencement CertificateFile: FORMAT D.pdf | 3 Nov 2023 |
| CERSAI detailsFile: CERCAI.pdf | 3 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 3 Nov 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Order No 39 NILESH.pdf | 3 Nov 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Order No 39 CHANDUBHAI.pdf | 3 Nov 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Order No 39 DEEPESH.pdf | 3 Nov 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Order No 39 PRIT.pdf | 3 Nov 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: UNDERTAKING OF SEPERATE BANK AC.pdf | 3 Nov 2023 |
| Deviation Report with respect to Allotment letterFile: UNDERTAKING ALLOTMENT LETTER.pdf | 3 Nov 2023 |
| Deviation Report with respect to model copy of AgreementFile: UNDERTAKING AGREEMENT TO SALE.pdf | 3 Nov 2023 |
| Home Buyer /Allottee Grievance Redressal CellFile: GREVIANCE RESIDENTIAL.pdf | 3 Nov 2023 |
| Building plan approvalFile: BUILDING PLAN_rotated.pdf | 2 Nov 2023 |
| PAN CardFile: E PAN PRAYAG REALTY.pdf | 2 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: BUILDING PLAN_rotated.pdf | 2 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT_merged.pdf | 2 Nov 2023 |
| Declaration in FORM BFile: Form B Prayag Realty.pdf | 2 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 arc.pdf | 2 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Prayag Realty.pdf | 2 Nov 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200285521327_For_Asset_Based_Search_02_11_2023_11_32_48_274.pdf | 2 Nov 2023 |
| Proforma of Agreement for saleFile: PRYAG NAKSHATRA Agreement.pdf | 2 Nov 2023 |
| Proforma of Allotment letterFile: Allotment letter -parag nakshatra.pdf | 2 Nov 2023 |
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Builder: PRAYAG REALTY
PRAYAG REALTY has 1 registration on MahaRERA, including PRAYAG NAKSHATRA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.
Frequently asked questions
What are my rights if PRAYAG NAKSHATRA is delayed beyond 31 Mar 2029?
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 PRAYAG NAKSHATRA?
The registered promoter entity is PRAYAG REALTY, 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 PRAYAG NAKSHATRA?
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 PRAYAG NAKSHATRA?
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 PRAYAG NAKSHATRA?
The professionals named in the filing: Architect: SURESH N PATEL; Engineer: SUNIL H PATEL; Engineer: DEEPESH NARSHIBHAI CHHABHAIYA; Chartered Accountant: MAYA RAMANI; Chartered Accountant: DILIP SHANTILAL PATEL. 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 PRAYAG NAKSHATRA?
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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