MahaRERA Property Intelligence · Pune
P52100047921 · Hinjewadi · promoter Kolte-Patil
| Regulatory standing | GOOD | Registration signed and active, no adverse list entry. |
| Construction progress | NOTE | ~67.8% of the estimated cost incurred (last filing). |
| Delivery timeline | CAUTION | Declared completion is close (~5 months). |
| Legal & litigation | WARN | Court case(s) still pending against the project. |
| Buyer complaints | GOOD | No buyer complaints on record. |
| Builder track record | WARN | 1 of 82 portfolio projects flagged. |
| Sales / inventory | NOTE | ~93% of 739 homes sold; 50 available. ₹494.33 Cr of ₹531.91 Cr collected. |
What the filing tells you
Synthesis from the MahaRERA record — registration status, the promoter's declared deadline, complaint and litigation history, compliance-filing discipline and the builder of record, read the way a sales team won't volunteer.
The layout the promoter actually filed with MahaRERA — rarely shown to buyers. Read where each tower sits relative to the internal roads, the open spaces and the plot boundaries before you pick a flat.
From the sanctioned site plan, we map every block against the amenities worth being near and the utilities worth avoiding, using each item's position on the plan:
Of the 8 blocks on the sanctioned plan, 7 sit next to the key amenities and 0 back onto utilities. Where you buy within the project matters:
A closer read on a few:
Positions are read from the sanctioned plan, not surveyed; distances are relative within the plan, not metres. Treat this as where to look first and what to check on a site visit — not a final verdict.
Of 739 homes filed with MahaRERA, 689 are sold/booked and 50 remain available (~93% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹531.91 Cr in agreement value so far. Of that, ₹494.33 Cr (~93%) is already collected, ₹36.61 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 689 registered agreements, the effective carpet rate is ₹8,912/sqft (typical range ₹8,499–₹10,264) — 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.
MahaRERA's cost filing puts construction at ~67.8% of the estimated project cost incurred as of the last certificate (₹226.13 Cr spent against a ₹333.35 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.
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.
| MahaRERA registration | P52100047921 |
| Registered on | 01 Dec 2022 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
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.
Across MahaRERA, Kolte-Patil is the promoter of record on 82 project(s), of which 1 carry 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.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 13 court case(s) on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Ccjd | SPL CS No 265 | 2013 | Evidence |
| Ccjd | RCS No 1487 | 2005 | Filing Of Say By Plaintiff On Third Party Application |
| Cjsd | SPLCS 2255 | 2009 | Evidence |
| Cjsd | SPLCS 575 | 2015 | Awaiting Summons |
| Supreme Court | SLP CC 9467 | 2017 | Appearance Of Newly Added Respondents |
| Supreme Court | SLP CC No 9463 | 2017 | Appearance Of Newly Added Respondents |
| Cjsd | 421 | 2016 | Pending For Withdrawal |
| High Court | 11697 | 2017 | Filing Of Say |
| High Court | 11701 | 2017 | Filing Of Say |
| High Court | 11702 | 2017 | Filing Of Say |
| High Court | WPST 31252/2017 | 2017 | Dismissed For Non Removal Of Office Objections Official Order Yet To Be Uploaded |
| Civil Court Pune | RCS 1689 | 2021 | Issues |
| Civil Court Pune | Civil MA 372 | 2022 | Filing Of Say By Respondents |
RERA requires 70% of buyer collections to sit in a designated account spent only on this project. As last filed, that account shows ₹507.01 Cr deposited, ₹506.28 Cr withdrawn for construction, and a closing balance of ₹72.87 Lakh. Withdrawals have drawn the account down to a thin balance — normal late in a build, but worth checking against the construction stage above.
How the promoter says the project is funded, filed as estimated and actual. The project's own filing moved from an estimated ₹430.68 Cr to an actual ₹326.26 Cr (-24%) — a cost reduction to ask the builder to explain. On the actual filing the developer's OWN funds are ₹0 (~0% of the total) against ₹3.47 Cr borrowed and ₹322.79 Cr from buyer receipts — a read on how much of the developer's own capital is committed versus riding on your money.
| Filing | Own funds | Borrowed | Buyer receipts | Total |
|---|---|---|---|---|
| Estimated | ₹78.70 Cr | ₹0 | ₹351.98 Cr | ₹430.68 Cr |
| Actual | ₹0 | ₹3.47 Cr | ₹322.79 Cr | ₹326.26 Cr |
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+23 and 739 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building A | 1 | G+23 | 172 | - |
| Building B | 1 | G+23 | 172 | - |
| Building C | 1 | G+23 | 172 | - |
| Building D | 1 | G+23 | 223 | - |
| Shops | 1 | - | - | - |
Unit mix on the filing: 739 habitable floor.
The documents the promoter has actually filed with MahaRERA for this project — the paperwork trail a buyer's lawyer should read in full. Their presence on the register is a good sign; ask for a certified copy of each before you sign.
| Filed document | What it is |
|---|---|
| Promoter PAN | the promoter's PAN card |
| Commencement certificate | the municipal commencement certificate |
| Form 1 — Architect's certificate | the architect's certified % of work completed |
| Form 3 — CA certificate | the chartered accountant's certificate on funds withdrawn |
| Form 2 — Engineer's certificate | the engineer's cost-incurred certificate |
| Form B — Promoter declaration | the promoter's declaration-cum-affidavit |
| Title / search report | the legal title-search report on the land |
| Sanctioned layout plan | the approved site layout |
| Sanctioned building plan | the approved building plan |
The professionals of record on the MahaRERA filing — the people whose licences are on the line for the certified filings:
| Role | Name / firm | Reg. no. |
|---|---|---|
| Architect | Kolhatkar and Gowaikar | CA/1986/09890 |
| Engineer | J W Consultants LLP | - |
| Engineer | Gaurag Joshi | - |
| Chartered Accountant | CA Nikita A Bajaj | - |
| Chartered Accountant | VIDHI S SHAH & ASSOCIATES CHARTERED ACCOUNTANTS | 604690 |
Located at Hinjewadi, Hinjewadi Marunji Kasarsai Road, Pune City, Pune, 411057. Per the filed land record, the plot is bounded to the north by Township boundary s no 26P and MSEB switching stat, to the south by 18 M internal road and Sector R12, to the east by 18 M Internal Road and R10 and to the west by Township boundary s no 69P and 110M RP Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
This report reads the MahaRERA public record — the promoter's own declarations. Independently confirm: the occupancy/completion certificate, the sanctioned plan and its FSI, the 7/12 land extract and title, the exact carpet area on your agreement, and any complaint/litigation orders in full. Treat the record as where to look first, not a substitute for your own diligence.
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