Pratibha Nakshatra: A RERA Approved Residential Project in Pune by Natu Kunjir Associates

Project Overview:

The Pratibha Nakshatra residential project, promoted by Natu Kunjir Associates, is located in Pune. The RERA Approved project, is expected to be completed by 30/06/2025, and has been approved by the MahaRERA under the RERA ID of P52100047409.

Developer History:

Natu Kunjir Associates, the developer of the Pratibha Nakshatra project, has a history of completing residential and commercial projects in the past. One such project is the Pratibha Cascade, which was a mixed-use development comprising of both residential and commercial components.

The project was located at 467 467-1 Rasta Peth in Pune, with a land area of 253.4 square meters. It consisted of a single building with 13 apartments. The original proposed completion date for the project was December 31, 2014, but it was actually completed on December 19, 2014.

Location Insights:

Pratibha Nakshatra project is located in the Mangalwar Peth locality of Pune district in the state of Maharashtra. Pune is a major city in the western state of Maharashtra and is known for its rich cultural history and vibrant atmosphere. The city is home to numerous educational and research institutes, making it a hub of learning and knowledge.

The Mangalwar Peth locality is a bustling neighborhood in Pune, with a mix of residential and commercial MahaRERA registered projects. It is well-connected to other parts of the city by an extensive network of roads and public transport. The area is home to a range of amenities including schools, hospitals, shopping centers, and recreational facilities, making it a convenient and comfortable place to live.

Promoter Details:

The development is promoted by Natu Kunjir Associates. The authorized signatory for the project is Sanjay Kalidas Natu, while Rahul Vasantrao Kunjir is a partner in the company.

Technical Details:

Pratibha Nakshatra is located on plot number 44 in Mangalwar Peth. It is bounded by Municipal Corp Road to the east, plot number 53 to the west, plot number 45 to the north, and a 30 meter DP road to the south. The RERA approved project comprises a single building or wing with a sanctioned FSI of 1022.08 sqmts. There is no recreational open space as per the approved plan.

Building Details:

This development consists of a single building on a plot measuring 2693.74 square metres. The structure has a single plinth, no podiums, and a single stilt. It has five sanctioned floors in total, including one basement. There are no open parking spaces, but there is provision for 14 covered parking spaces in the building.

This MahaRERA registered project offers 14 2BHK apartments with a carpet area ranging from 77.39 to 77.87 square meters.

Facilities and Amenities:

The development offers a range of facilities and amenities to ensure the comfort and convenience of its residents. These include fire protection and fire safety requirements, an electrical meter room, a substation, and a receiving station. The development also has a water supply system and a sewerage system comprising a chamber, lines, a septic tank, and a sewage treatment plant (STP).

Team of Experts:

Pratibha Nakshatra is being developed by a team of professionals with expertise in various fields. The architect for the project is Kanhekar Prakash, while the engineer is Rahul Vasantrao Kunjir. The contractor for the project is G A Bhilare Consultants Pvt Ltd, and the chartered accountant is Anjk & Co LLP Partner Nipun A Bhandari.

Litigation Status:

There are no litigation records or lawsuits associated with this development.

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RERA stands for Real Estate Regulatory Authority and is the Government body for regulating Real Estate Developers and Agents (Brokers) It came into existence in 2016 and aims to protect the interest of property buyers. Every under-construction property must obtain RERA certificate and disclose a completion date before selling units to property buyers/investors. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)

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