Home / Browse projects / Pune, Maharashtra / THE RIVER NEST
THE RIVER NEST
RG-MH-22479 · RERA P52100032351 · Last updated on MahaRERA portal: 14 Feb 2024
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
Nothing adverse is on this record. The buyer report still reads the filed documents themselves.
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THE RIVER NEST is a Residential / Group Housing project by PRAJOT PRAKASH JAGDALE in Pune, Maharashtra, registered with MahaRERA as P52100032351 on 29 Dec 2021. The registration is recorded completed; possession was promised by 30 Jun 2024.
At a glance
Project
- NameTHE RIVER NEST
- TypeResidential / Group Housing
- Location
- TAPOBHUMI CO-OP HOUSING SOCIETY
- PARVATI
- Haveli
- Pune
- 411009
- Pincode411009
- RERA no.P52100032351
- ReraGenie IDRG-MH-22479
Builder
- NamePRAJOT PRAKASH JAGDALE
- Entity typeIndividual
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 Dec 2021
- Promised completion30 Jun 2024
- Revised completionNone
- Buildings1 building record
- Documents filed70 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| THE RIVER NEST | NA | 8 | 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 14 Feb 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.
3 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 95%.
THE RIVER NEST: 78% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 90% |
| Podiums (if any) | 0% |
| Plinth | 90% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 95% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 95% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 95% |
| 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. | 90% |
Progress on shared amenities15
As on 14 Feb 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | Yes | 0% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership2
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 |
|---|---|---|
| NIYATEE NILESH BAVADEKAR | Pimpale Gurav | Pune |
| MAHESH MARATHE | Pimpale Gurav | Pune |
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 | SIDDHANT ARCHITECTS |
| Engineer | SANTOSH PATIL |
| Chartered Accountant | PGMJ AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| PRAJOT PRAKASH JAGDALE | - |
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 9 Nov 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 15 Feb 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 6 Oct 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 15 Feb 2023Confirm 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 31 Jan 2024
Documents filed70
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 |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 100 percent.pdf | 14 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 14 Feb 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 The River Nest.pdf | 14 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 PS.pdf | 1 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Final Form 5 FY 22-23.pdf | 1 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q2 FINAL.pdf | 31 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q3 FINAL.pdf | 31 Jan 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Full Occupancy Certificate River Nest.pdf | 31 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Final.pdf | 17 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Final.pdf | 17 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular 29 The River Nest 31-12-2023.pdf | 15 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 JUNE 23.pdf | 4 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SEP 23.pdf | 4 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FY 22-23 Q4.pdf | 2 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 31-12-22 edited.pdf | 30 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 21-22 Q4 31-03-2022.pdf | 30 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 31-03-2023.pdf | 30 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FY 23-24 Q2 (30-09-2023).pdf | 28 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 21-22 Q4.pdf | 28 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular 29 Q4.pdf | 28 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular 29 Q1.pdf | 28 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular 29 Q2.pdf | 28 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 21-22 Q4 Form 1 edited.pdf | 22 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 edited_compressed.pdf | 22 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 edited (2_compressed.pdf | 22 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 edited.pdf | 22 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular as on (Q4).pdf | 22 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular as on (Q1).pdf | 22 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular as on (Q2).pdf | 22 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Circular 29 as on Q3.pdf | 22 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 21-22 Q4 Form 4 edited.pdf | 22 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FY 22-23 Q1 EDITED.pdf | 22 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FY 22-23 Q2 Edited.pdf | 22 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FY 22-23 Q3 Edited.pdf | 22 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FY 23-24 Q1 Edited.pdf | 22 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q4 Engineer Certificate of The River Nest.pdf | 17 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 5th Engineer Certificate of The River Nest (30-06-2023).pdf | 17 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA Promoter Signed.pdf | 17 Aug 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE 01 Jul_compressed.pdf | 31 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 1st Engineer Certificate of The River Nest (30-06-2022).pdf | 31 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2nd Engineer Certificate of The River Nest (30-09-2022).pdf | 31 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 3rd Engineer Certificate of The River Nest (31-12-2022).pdf | 31 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3.pdf | 31 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 Q1_compressed.pdf | 31 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 Q2.pdf | 31 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 Q3.pdf | 31 May 2023 |
| Layout approvalFile: layout.pdf | 15 Feb 2023 |
| Copy of Layout Approval (in case of layout)File: layout.pdf | 15 Feb 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: REVIESD LATEST CC.pdf | 15 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 125 Parvati Revised RARA Letter (01-02-23)_compressed.pdf | 15 Feb 2023 |
| Layout approvalFile: second revised plan 1_compressed.pdf | 3 Nov 2022 |
| Copy of Layout Approval (in case of layout)File: second revised plan 1_compressed.pdf | 3 Nov 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: NEW CC 20 OCT 2022.pdf | 3 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 12 Sep 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 FY 21 - 22 Q4_compressed.pdf | 12 Sep 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 FY 21 - 22 Q4_compressed.pdf | 10 Jul 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_200225666221_For_Asset_Based_Search_10_12_2021_13_08_13_242.pdf | 15 Dec 2021 |
| Proforma of Allotment letterFile: Agreement Deed.pdf | 22 Nov 2021 |
| Copy of the legal title reportFile: Final Legal Title Report RERA Format Scanned_compressed (1).pdf | 9 Nov 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 scanned.pdf | 20 Oct 2021 |
| Proforma of Allotment letterFile: allotment.pdf | 19 Oct 2021 |
| Details of encumbrancesFile: encumbrance.pdf | 8 Oct 2021 |
| Declaration about Commencement CertificateFile: circular 32.pdf | 8 Oct 2021 |
| Declaration in FORM BFile: fORM B PRAJOT.pdf | 8 Oct 2021 |
| Building plan approvalFile: Plan_compressed.pdf | 6 Oct 2021 |
| Layout approvalFile: Plan_compressed.pdf | 6 Oct 2021 |
| PAN CardFile: Prajot Pancard.pdf | 6 Oct 2021 |
| Copy of Layout Approval (in case of layout)File: Plan_compressed.pdf | 6 Oct 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_compressed.pdf | 6 Oct 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-1180-21 (Dt-05-08-21)_compressed.pdf | 6 Oct 2021 |
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Builder: PRAJOT PRAKASH JAGDALE
PRAJOT PRAKASH JAGDALE has 1 registration on MahaRERA, including THE RIVER NEST. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if THE RIVER NEST is delayed beyond 30 Jun 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 THE RIVER NEST?
The registered promoter entity is PRAJOT PRAKASH JAGDALE, an individual 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 THE RIVER NEST?
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 THE RIVER NEST?
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 THE RIVER NEST?
The professionals named in the filing: Architect: SIDDHANT ARCHITECTS; Engineer: SANTOSH PATIL; Chartered Accountant: PGMJ AND 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 THE RIVER NEST?
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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