Home / Browse projects / Ahmednagar, Maharashtra / Rachana Nakshatra
Rachana Nakshatra
RG-MH-50306 · RERA P52200046780 · Last updated on MahaRERA portal: 12 Jan 2025
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 12 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 10 other registrations and every project registered within 2 km.
See what the report covers Free either way: or have every new Ahmednagar 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.
Rachana Nakshatra is a Residential / Group Housing project by Prasad Subhash Naik in Ahmednagar, Maharashtra, registered with MahaRERA as P52200046780 on 10 Sep 2022. The registration is recorded completed; possession was promised by 31 Dec 2024.
At a glance
Project
- NameRachana Nakshatra
- TypeResidential / Group Housing
- Location
- Bhama nagar main road
- Near Rachana Park
- Kopargaon (M Cl)
- Kopargaon
- Ahmednagar
- 423601
- Pincode423601
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52200046780
- ReraGenie IDRG-MH-50306
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on10 Sep 2022
- Promised completion31 Dec 2024
- Revised completionNone
- Buildings1 building record
- Documents filed81 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Rachana Nakshatra | NA | 6 | 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 building1
As on 12 Jan 2025, 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%.
Rachana Nakshatra: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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 12 Jan 2025, 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 100% |
| 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 | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed1
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.
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Shirode Automobiles Pvt Ltd | Kopargaon (M Cl) | Ahmednagar |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pravin Mungase |
| Engineer | Anil Katbane |
| Chartered Accountant | Pooja Pimpalwadkar & Associates |
| Partner | Role in project |
|---|---|
| Shree Construction Builders and Developers | - |
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 26 Aug 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Aug 2022 - 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 Aug 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 26 Aug 2022Confirm 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 12 Oct 2024
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.
| Document | Uploaded |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 12 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE PROJECT.pdf | 12 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 12 Jan 2025 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: DEED OF DECLARATION INDEX II.pdf | 12 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 12 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 12 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 12 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 12 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE.pdf | 12 Oct 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OCCUPANCY CERTIFICATE.pdf | 12 Oct 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: FORM-4 ARCHITECT’S CERTIFICATE.pdf | 12 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 12 Oct 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: FORM-4 ARCHITECT’S CERTIFICATE.pdf | 12 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE.pdf | 12 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 12 Oct 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OCCUPANCY CERTIFICATE.pdf | 12 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 12 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate.pdf | 10 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 10 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A.pdf | 10 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 10 Jul 2024 |
| CERSAI detailsFile: Cersai Declaration Blank.pdf | 10 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE PROJECT.pdf | 10 Jul 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 CA Certificate.pdf | 10 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arc Certificate.pdf | 19 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers certificate 6.pdf | 19 Apr 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 19 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: DIS Sold book.pdf | 19 Apr 2024 |
| CERSAI detailsFile: CERSAI_Search_Report_200304240769_For_Asset_Based_Search_19_04_2024_11_57_06_026.pdf | 19 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate 6.pdf | 19 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCH CERTIFICATE.pdf | 10 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENG CERTIFICATE.pdf | 10 Jan 2024 |
| CERSAI detailsFile: CERSAI_Search_Report_200293177393_For_Asset_Based_Search_10_01_2024_18_24_44_069.pdf | 10 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: DISC OF SOLD.pdf | 10 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 10 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 9 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 9 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 9 Oct 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200282900486_For_Asset_Based_Search_07_10_2023_19_13_23_861.pdf | 9 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE PROJECT.pdf | 9 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM-5 ANNUAL REPORT ON STATEMENT OF ACCOUNTS.pdf | 22 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's certificate.pdf | 18 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers certificate.pdf | 18 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's certificate form-2.pdf | 18 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineers certificate.pdf | 18 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Discolsure.pdf | 18 Jul 2023 |
| CERSAI detailsFile: Cresai Declaration.pdf | 18 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cerificate.pdf | 18 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 13 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM-2A.pdf | 13 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 13 Apr 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_April 2023 nakshatra.pdf | 13 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE PROJECT.pdf | 13 Apr 2023 |
| Proforma of Agreement for saleFile: draft agr to sale Rera copy.pdf | 13 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 ARCHITECT’S CERTIFICATE.pdf | 19 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 19 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEERS CERTIFICATE.pdf | 19 Jan 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form-2A.pdf | 19 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 19 Jan 2023 |
| CERSAI detailsFile: CERSAI Report Oct Dec Nakshatra.pdf | 19 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE PROJECT.pdf | 19 Jan 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest in Other Real Estate organizations.pdf | 19 Jan 2023 |
| Proforma of Allotment letterFile: AL AFS for RERA.pdf | 31 Aug 2022 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Sheet for Agreement for Sale.pdf | 31 Aug 2022 |
| Layout approvalFile: Amalgamation Plan.pdf | 26 Aug 2022 |
| Building plan approvalFile: Sanction Plan color.pdf | 26 Aug 2022 |
| PAN CardFile: P S NAIK pan card.pdf | 26 Aug 2022 |
| Copy of the legal title reportFile: Search Report.pdf | 26 Aug 2022 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Certificate.pdf | 26 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Self Declaration Regarding Encumbramces.pdf | 26 Aug 2022 |
| Copy of Layout Approval (in case of layout)File: Amalgamation Plan.pdf | 26 Aug 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan color.pdf | 26 Aug 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 26 Aug 2022 |
| Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMENT CERTIFICATE.pdf | 26 Aug 2022 |
| Declaration in FORM BFile: Form B Shree Construction.pdf | 26 Aug 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 ENGINEER’S CERTIFICATE.pdf | 26 Aug 2022 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTORY.pdf | 26 Aug 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_ Rachana Nakshatra.pdf | 26 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 C A CERTIFICATE NEW PROJECT.pdf | 26 Aug 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about Separate Bank Account for real estate projects.pdf | 26 Aug 2022 |
Promoter's earlier projects12
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 | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Rachana CornerP52200032268 | Bhama nagar, Ahmednagar | - | Dec 2021 | Completed | Jun 2023 | Feb 2023 |
| RACHANA PARK WING J | Bhamanagar off Nagar manmad Highway Kopargaon | 18 | - | Completed | Mar 2022 | Mar 2022 |
| Rachana Park Wing I | Bhamanagar Off Nagar Manmad Highway Kopargaon 423601 | 18 | - | Completed | Jun 2021 | Apr 2021 |
| Rachana Park Wing H | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Mar 2021 | Jul 2020 |
| Rachana Park Wing G | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Sep 2020 | Oct 2019 |
| Rachana Park Wing F | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Oct 2019 | Dec 2018 |
| Ishan Heights | Saptarshi mala opp Bus stand Kopargaon | 12 | - | Completed | Dec 2018 | Dec 2018 |
| Rachana Park Wing E | Bhamanagar off Nagar manmad Highway Kopargao | 18 | - | Completed | Oct 2018 | Apr 2018 |
| Rachana Park Wing D | Bhamanagar Off Nagar Manmad Highway Kopargaon | 18 | - | Completed | Jul 2017 | Jul 2017 |
| Rachana Park Wing C | Bhamanagar off Nagar manmad highway | 12 | - | Completed | Dec 2016 | Dec 2016 |
| Rachana Park Wing B | Bhamanagar Off nagar Manmad Highway Kopargaon | 12 | - | Completed | Mar 2016 | Mar 2016 |
| Rachana Park Wing A | Bhamanagar off Nagar manmad Highway Kopargaon | 12 | - | Completed | Nov 2015 | Nov 2015 |
Comparing a few projects?
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How this compares with Ahmednagar
Computed across the 490+ Ahmednagar projects on ReraGenie, from their own filings.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 10 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 81 filed documents as one ZIP, foldered, with a manifest
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Builder: Prasad Subhash Naik
Prasad Subhash Naik has 11 registrations on MahaRERA, including Rachana Park Wing E and Ishan Heights. Its filings disclose 13 earlier MahaRERA projects: declares 13 of 13 past projects completed on time. Read the full track record. See more projects on the Ahmednagar district page.
Frequently asked questions
What are my rights if Rachana Nakshatra is delayed beyond 31 Dec 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 Rachana Nakshatra?
The registered promoter entity is Prasad Subhash Naik, an individual as per the filing. Its GSTIN 27ACJPN5630Q1ZY 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 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 Rachana 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 Rachana Nakshatra?
The professionals named in the filing: Architect: Pravin Mungase; Engineer: Anil Katbane; Chartered Accountant: Pooja Pimpalwadkar & 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 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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