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MahaRERA Property Intelligence · Pune
P51900003605 · Parel · promoter Om Shanti Developers
| MahaRERA registration | P51900003605 |
| Registered on | 05 Aug 2017 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 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, Om Shanti Developers is the promoter of record on 109 projects, of which 17 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.
MahaRERA's cost filing puts construction at ~43.7% of the estimated project cost incurred as of the last certificate (₹90.37 Cr spent against a ₹206.99 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. With only ~11 months to the declared date and ~43.7% of the cost incurred, ask the promoter how the balance gets built in the time left.
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.
Of 49 homes filed with MahaRERA, 32 are sold/booked (8 with registered agreements + 24 booked) and 17 remain available (~65% sold) — selling steadily. Buyers have committed ₹65.39 Cr in agreement value so far. Of that, ₹16.19 Cr (~25%) is already collected, ₹49.19 Cr receivable — a read on how far along these sales really are. Note: the project registers 93 homes in total, but this sold/unsold inventory filing covers only 49 of them — the other 44 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 32 registered agreements, the effective carpet rate is ₹22,589/sqft (typical range ₹14,654–₹38,929) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 10 | 1002 | 633 sqft (58.77 sqm) | ₹1.60 Cr |
| Floor 10 | 1005 | 629 sqft (58.4 sqm) | ₹1.59 Cr |
| Floor 15 | 1501 | 1,017 sqft (94.46 sqm) | ₹2.57 Cr |
| Floor 15 | 1502A | 578 sqft (53.71 sqm) | ₹1.46 Cr |
| Floor 15 | 1503A | 576 sqft (53.55 sqm) | ₹1.46 Cr |
| Floor 16 | 1601 | 1,017 sqft (94.46 sqm) | ₹2.57 Cr |
| Floor 16 | 1602 | 633 sqft (58.77 sqm) | ₹1.60 Cr |
| Floor 16 | 1603 | 390 sqft (36.25 sqm) | ₹98.61 Lakh |
| Floor 16 | 1605 | 629 sqft (58.4 sqm) | ₹1.59 Cr |
| Floor 17 | 1702 | 633 sqft (58.77 sqm) | ₹1.60 Cr |
| Floor 17 | 1703 | 390 sqft (36.25 sqm) | ₹98.61 Lakh |
| Floor 19 | 1902 | 1,041 sqft (96.69 sqm) | ₹2.63 Cr |
| Floor 20 | 2002 | 1,041 sqft (96.69 sqm) | ₹2.63 Cr |
| Floor 20 | 2004 | 629 sqft (58.4 sqm) | ₹1.59 Cr |
| Floor 20 | 2005 | 1,017 sqft (94.46 sqm) | ₹2.57 Cr |
| Floor 21 | 2101 | 1,017 sqft (94.46 sqm) | ₹2.57 Cr |
| Floor 8 | 801 | 1,017 sqft (94.46 sqm) | ₹2.57 Cr |
⚠ The inventory filing also declares: 11 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+28 and 93 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Lifescapes Glory | 1 | G+28 | 93 | - |
Unit mix on the filing: 93 residential.
4 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000196273 | 20/03/2021 | SUSHAMA VIJAY PARANJPE, MADHURA VIJAY PARANJPE, SHIVANGI ROHAN THAKKAR NEE SHIVANGI VIJAY PARANJPE vs OM SHANTI DEVELOPERS, ATUL BHUPATRAI GANDHI, BHARTI UMESH KANANI | order passed |
| CC12500510 | 14/02/2025 | TUSHAR SHINGTE vs Om Shanti Developers | order passed |
| CC12500512 | 14/02/2025 | SHILPA SHINGTE vs Om Shanti Developers | order passed |
| CC12600553 | 01/02/2026 | Shubhangi Raj Narkar vs Om Shanti Developers | pending / no order on file |
The promoter has declared 2 court cases on this project to MahaRERA. 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 |
|---|---|---|---|
| Maharashtra Real Estate Authority | CC12500510 | 2025 | Ongoing |
| Maharashtra Real Estate Authority | CC12500512 | 2025 | Ongoing |
The promoter has had the MahaRERA completion deadline formally extended 3 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 31 Dec 2024 | 30 Dec 2022 | Due to covid slowdown, sales and construction were hampered. However, we have restarted the construction work and already completed construction of 13 out of 21 floors. We have als |
| 31 Dec 2024 | 31 Dec 2024 | The Plot is owned by MCGM Estate with a reservation of School on it. We have completed the structure of School and internal finishing shall be completed within 6 months. The Proj |
| 30 Dec 2021 | 30 Jun 2027 | We are seeking an extension for the completion of the project Lifescapes Glory under Section 7(3) of the Real Estate (Regulation and Development) Act, 2016. The completion of the p |
Located at Parel, Dr. Shirodkar Road, Mumbai City, Mumbai City, 400012. Per the filed land record, the plot is bounded to the north by Shirodkar Road, to the south by Dr Brigesh Road, to the east by CS No 143 144 145 146 and to the west by Internal Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~105 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 105 km |
| Baner–Balewadi belt | 110 km |
| Pune Junction / city centre | 121 km |
| Pune Int'l Airport (Lohegaon) | 123 km |
| Kharadi / EON IT Park | 126 km |
| Magarpatta / Hadapsar IT | 126 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.
🔒 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.
🔒 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.
Should you buy in Lifescapes Glory?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
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Last checked against the RERA register: 27 Jul 2026