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Completed No litigation declared Residential / Group Housing project

Rachana 24 Carat

By Rachana construction Co. (Nagpur) Pvt. Ltd.

RG-MH-00655 · RERA P50500002136 · Last updated on MahaRERA portal: 2 Jun 2021

Source: official MahaRERA filing

Red flags

  • Completion date moved by 30 months
  • 2 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

2 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 Nagpur registration emailed to you, free during the pilot beta.
Feb 2021Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 81 documents Report an error

Rachana 24 Carat is a Residential / Group Housing project by Rachana construction Co. (Nagpur) Pvt. Ltd. in Nagpur, Maharashtra, registered with MahaRERA as P50500002136 on 31 Jul 2017. The registration is recorded completed; possession was promised by 26 Feb 2021. The completion date has moved by 30 months from the original filing.

At a glance

Project

  • NameRachana 24 Carat
  • TypeResidential / Group Housing
  • Location
    • Canal Road
    • RAMDASPETH
    • Nagpur (M Corp.)
    • Nagpur (Urban)
    • Nagpur
    • 440010
  • Pincode440010
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P50500002136
  • ReraGenie IDRG-MH-00655

Builder

  • NameRachana construction Co. (Nagpur) Pvt. Ltd.
  • Entity typeCompany
  • CINU45201MH2001PTC131790
  • GSTIN27AACCR1666C1ZL
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • Managing DirectorShishir Shanakarrao Diote
  • DirectorsRonak Shishir Diote, Nilima Shishir Diote
  • Other registrations6 more →
  • Completed5 of 7
  • Declared earlier projects3 →

Key dates

this monthRegisteredJul 2017First promiseAug 2018Revised toFeb 2021Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on31 Jul 2017
  • Promised completion26 Feb 2021
  • Revised completionRevised to 26 Feb 2021 (originally 26 Aug 2018)
  • Buildings1 building record
  • Documents filed81 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
24 CaratNA110000

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 Jun 2021, 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 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

24 Carat: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 2 Jun 2021, 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 SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes50%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed32

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 slots32
Closed/Covered32

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 area1,115 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI2645.12
Proposed, not sanctioned1,984 sq m
Buildings approved1
Buildings sanctioned1

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 branchCHANDAK BHAVAN GROUND FLOOR , NORTH AMBAZARI ROAD DHARAMPETH NAGPUR-440010

Certifying professionals and partners2

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

RoleName
ArchitectUlhas mude & Associates
EngineerP S Patankar & Associates
PartnerRole in project
Rachana construction Co. (Nagpur) Pvt. Ltd.-

Extensions applied for2

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

EXT50500000582Aug 2018 → Aug 2020

Reason as filed by the promoterDecision for sanction of revised plan due to delay in sanction from Govt. relating Development Control Regulations

EXT50500002317Aug 2018 → Aug 2020

Reason as filed by the promoterOn account of on going Metro Rail Project there was a change in the Development Control Regulations relating to FSI of the Project and hence revision is to be made in the existing sanctioned plans. Hence Extension sought

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.

  1. Legal title reportOn the file

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

    uploaded 24 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 26 Jul 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 11 Nov 2020
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 29 Mar 2018Confirm 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 27 May 2021

Documents filed81

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 81 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
Certificates of CA (Form 3)File: 24 Carat 310320.pdf2 Jun 2021
Certificates of CA (Form 3)File: 24 Carat 300920.pdf2 Jun 2021
Certificates of CA (Form 3)File: 24 Carat 300620_compressed.pdf2 Jun 2021
Certificates of CA (Form 3)File: 24 Carat 311220_compressed.pdf2 Jun 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 24 Carat 19 - 20 FORM 5.pdf31 May 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC 24 CARAT.PDF27 May 2021
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 ARCH COMPLETION.pdf27 May 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 24 Carat March 20.pdf18 May 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 24 Carat June 20.pdf18 May 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 24 Carat Sept 20.pdf18 May 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 24 Carat Dec 20.pdf18 May 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 24 Carat 31032020.pdf11 May 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 24 Carat 30062020.pdf11 May 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 24 Carat 30092020.pdf11 May 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 24 Carat 31122020.pdf11 May 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 24 Carat 31032020.pdf11 May 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 24 Carat 30062020.pdf11 May 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 24 Carat 30092020.pdf11 May 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 24 Carat 31122020.pdf11 May 2021
Building plan approvalFile: RAMDASPETH SANCTION PERMIT.pdf11 Nov 2020
Building plan approvalFile: SANCTION PLAN 2020 (2).pdf11 Nov 2020
Building plan approvalFile: SANCTION MAP 15-10-20.pdf11 Nov 2020
Building Plan Approval (IOD)File: RAMDASPETH SANCTION PERMIT.pdf11 Nov 2020
Building Plan Approval (IOD)File: SANCTION PLAN 2020 (2).pdf11 Nov 2020
Building Plan Approval (IOD)File: SANCTION MAP 15-10-20.pdf11 Nov 2020
OtherFile: CONSENT KIRAN AND VIJAY.pdf11 Nov 2020
OtherFile: CONSENT KIRAN AND VIJAY.pdf11 Nov 2020
Certificates of CA (Form 3)File: 24 carat 30-09-19_compressed.pdf15 May 2020
Certificates of CA (Form 3)File: 24-carat 31-12-2019_compressed.pdf15 May 2020
Certificates of CA (Form 3)File: 24 Carat Sept 19-compressed.pdf18 Mar 2020
Certificates of CA (Form 3)File: 24 Carat CA Dec 19-compressed.pdf18 Mar 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: arch 24 carat sept 2019-compressed.pdf6 Mar 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch 24 carat dec 2019-compressed.pdf6 Mar 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng 24C Sept 2019-compressed.pdf6 Mar 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng 24C Dec 2019-compressed.pdf6 Mar 2020
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Qlty 24C Sept 2019.pdf6 Mar 2020
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Qlty 24C Dec 2019.pdf6 Mar 2020
OtherFile: Pvt Ltd Certificate.pdf22 Jan 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng 24 C 310319.pdf18 Oct 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch 24C 311218.pdf17 Oct 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch 24C 310319.pdf17 Oct 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch 24C 300619.pdf17 Oct 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng M 311218.pdf17 Oct 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng M 300619.pdf17 Oct 2019
Certificates of CA (Form 3)File: CA 24C 311218.pdf17 Oct 2019
Certificates of CA (Form 3)File: Arch 24C 310319.pdf17 Oct 2019
Certificates of CA (Form 3)File: Arch 24C 300619.pdf17 Oct 2019
Certificates of CA (Form 5)File: 24 carat Form 5.pdf30 Sep 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 24 carat Arch sept 17.pdf12 Feb 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 24 carat Arch Dec 17.pdf12 Feb 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 24 carat Engg sept 17.pdf12 Feb 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 24 Carat Engg Dec 17.pdf12 Feb 2019
Certificates of CA (Form 3)File: 24 carat CA sept 17.pdf12 Feb 2019
Certificates of CA (Form 3)File: 24 carat CA Dec 17.pdf12 Feb 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch March 18.pdf2 Feb 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Jun 18.pdf2 Feb 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Sept 18.pdf2 Feb 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg March 18.pdf2 Feb 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Jun 18.pdf2 Feb 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Sept 18.pdf2 Feb 2019
Certificates of CA (Form 3)File: CA March 18.pdf2 Feb 2019
Certificates of CA (Form 3)File: CA Jun 18.pdf2 Feb 2019
Certificates of CA (Form 3)File: CA Sept 18.pdf2 Feb 2019
Certificates of CA (Form 5)File: 24 caret.pdf29 Sep 2018
Commencement Certificates / NA Order for plotted developmentFile: commencement certificate.pdf29 Mar 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECH CERTIFICATE 2.pdf15 Dec 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE 1.pdf15 Dec 2017
Certificates of CA (Form 3)File: CHARTER ACCOUNT CERTIFICATE 3A.pdf15 Dec 2017
Layout approvalFile: layout.pdf26 Jul 2017
Copy of Layout Approval (in case of layout)File: layout.pdf26 Jul 2017
Declaration in FORM BFile: Form B.pdf26 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT'S CERTIFICATE.pdf26 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer certificate.pdf26 Jul 2017
Certificates of CA (Form 3)File: CHARTERED ACCOUNT'S CERTIFICATE.pdf26 Jul 2017
OtherFile: DECLARATION.pdf26 Jul 2017
Building plan approvalFile: sanctioned plan.pdf24 Jul 2017
PAN CardFile: RCCNPL PAN CARD.pdf24 Jul 2017
Copy of the legal title reportFile: legal search report.pdf24 Jul 2017
Details of encumbrancesFile: Encumbrances certificate.pdf24 Jul 2017
Building Plan Approval (IOD)File: sanctioned plan.pdf24 Jul 2017

Promoter's earlier projects3

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 promise2 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Rachana NityaRachana Nitya mouza bhamti landon street road nagpur 44002246CompletedSep 2017Jun 2017
Rachana MeghsparshRachana Meghsparsh mouza bhamti london street road Nagpur 440022146CompletedMar 2016Late, Apr 2016
Rachana Madhukosh BRachana Madhukosh Apartment Plot no 1 to 5 Patil Layout Indraprastha nagar Jaitala Road nagpur 44002224CompletedMay 2014Late, Jun 2014

How this compares with Nagpur

13%of Nagpur projects moved their completion datethis one moved by 30 months
22%of Nagpur registrations have lapsed or been cancelledthis one is completed

Computed across the 2,800+ Nagpur projects on ReraGenie, from their own filings.

Free monthly report: Nagpur 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 RAMDASPETH2,800+ in Nagpur

Builder: Rachana construction Co. (Nagpur) Pvt. Ltd.

Rachana construction Co. (Nagpur) Pvt. Ltd. has 7 registrations on MahaRERA, including Rachana 24 Carat and Rachana Sahira Wing A. Its filings disclose 3 earlier MahaRERA projects: declares 1 of 3 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Nagpur district page.

Frequently asked questions

What are my rights if Rachana 24 Carat is delayed beyond 26 Feb 2021?

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 Rachana 24 Carat?

The registered promoter entity is Rachana construction Co. (Nagpur) Pvt. Ltd., a company as per the filing. Its CIN U45201MH2001PTC131790 and GSTIN 27AACCR1666C1ZL can be cross-checked on the MCA and GST portals. 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 Rachana 24 Carat?

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 Rachana 24 Carat?

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 Rachana 24 Carat?

The professionals named in the filing: Architect: Ulhas mude & Associates; Engineer: P S Patankar & 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 Rachana 24 Carat?

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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