MahaRERA Property Intelligence · Raigarh

Nakshatra Heights

P52000051059 · Ziral Ali · promoter Sharvari Enterprises

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52000051059
Registered on22 May 2023
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Sharvari Enterprises is the promoter of record on 5 projects, of which 1 carries a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~78.5% of the estimated project cost incurred as of the last certificate (₹3.26 Cr spent against a ₹4.16 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows. The declared completion date has already passed while the cost-incurred filing sits at ~78.5% — a wide gap between the promise and the money actually spent on site.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+6.

BuildingWingsFloorsDeclared completion
NakshatraHeights1G+630 Jun 2026

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Ziral Ali, Ziral Ali road, Pen, Raigarh, 402107. Per the filed land record, the plot is bounded to the north by DP road, to the south by Survey no 1279, to the east by Survey no 1269 and to the west by Survey no 1279. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8192 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort8191 km
Lower Parel / Worli business district8192 km
Chhatrapati Shivaji Int'l Airport8197 km
Bandra Kurla Complex (BKC)8197 km
Andheri MIDC / SEEPZ8198 km
Powai / Hiranandani business park8202 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Other RERA-registered projects in Pen

Swami Chhaya
possession by Aug 2026 · Shree Ballaleshwar Developers
Pendse Park
possession by Nov 2026 · F ND H Constructions
Govardhan Greenfields
possession by Dec 2026 · Khelaan Manoj Unadkat
Balaji Tricity
possession by Dec 2026 · M/s Sathe Schemes
Arham
possession by Dec 2026 · IYS Properties LLP
Chandradarshan Enclave
Not filing quarterly progress reports · possession by Dec 2026 · Sunny Rajendra Jain

Other RERA-registered projects in Raigarh

Nakshatra Tower By Rock And Green
possession by Dec 2027 · Rock And Green Developers LLP
Nakshtra Plaza
declared completion May 2018 · Sharvari Builders & Developers
Nakshtram Apartment
declared completion Nov 2020 · Vasanti Shankar Utekar
Nalanda
possession by Aug 2026 · Pyramid Developers
Nalini Apartment
declared completion Jun 2023 · M S Enterprises
Naman Platina
declared completion Jun 2025 · Sanjay Parasmal Bakliwal

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026