MahaRERA Property Intelligence · Pune

Nakshatra Premier

P52100019193 · Near Pritam Prakash Nagar shirur · promoter Nitu Associate

Certificate SignedDue 28 Aug 2023

Delivery & Registration

MahaRERA registrationP52100019193
Registered on09 Jan 2019
Promoter-declared completion28 Aug 2023
Current statusCertificate Signed
Against todayabout 35 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, Nitu Associate 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.

Sales & Inventory

Of 42 homes filed with MahaRERA, 42 are sold/booked (40 with registered agreements + 2 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹20.50 Cr in agreement value so far. Of that, ₹18.97 Cr (~93%) is already collected, ₹1.52 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 42 registered agreements, the effective carpet rate is ₹5,322/sqft (typical range ₹3,529–₹6,616) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+9 and 42 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NAKSHATRA PREMIER1G+94231 Aug 2022

Unit mix on the filing: 42 residential.

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 Near Pritam Prakash Nagar shirur, Nagar pune road , Shirur, Pune, 412210. Per the filed land record, the plot is bounded to the north by 9 mtr Wide Internal Road, to the south by 15 mtr wide road, to the east by Sr No 52 Part and to the west by 30 mrt road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~53 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)53 km
Kharadi / EON IT Park53 km
Magarpatta / Hadapsar IT57 km
Pune Junction / city centre61 km
Baner–Balewadi belt68 km
Hinjewadi Rajiv Gandhi IT Park70 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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Builder track record

Nitu Associate is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Nitu Associate

Other RERA-registered projects in Shirur

Advik Paradise
possession by Aug 2026 · NG Developers
1 Sadabaug Phase-I
possession by Sep 2026 · Lalita Dharamchand Phulfagar
1 Sadabaug Phase-II
possession by Sep 2026 · Lalita Dharamchand Phulfagar
1 Sadabaug Phase-III
possession by Sep 2026 · Lalita Dharamchand Phulfagar
Babji Market
possession by Sep 2026 · Pyramid Constructions
Rayat Residency
possession by Sep 2026 · Soham Constructions AND Developers

Other RERA-registered projects in Pune

Nakshatra Residency
declared completion Jun 2026 · Shree Sairaj Developers
Nakshatra Residency
possession by Mar 2027 · Nakshatra Residency
Nakshatra Saffron
possession by Dec 2029 · Namrata Developers
Nakshatra Valley
possession by Dec 2026 · Hariom Sai Developers
Nakshatram
declared completion Feb 2023 · Nakshatra Buildcon
Nakshtra Nandanvan Phase I
possession by Apr 2027 · Shree Shivshakti Construction

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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

Last checked against the RERA register: 27 Jul 2026