MahaRERA Property Intelligence · Pune

Arihant Elite

P52100021901 · Near Shivaji Statue · promoter Dharmesh Vasantrai Shah

Certificate SignedDue 30 Jun 2023

Delivery & Registration

MahaRERA registrationP52100021901
Registered on08 Aug 2019
Promoter-declared completion30 Jun 2023
Current statusCertificate Signed
Against todayabout 37 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, Dharmesh Vasantrai Shah is the promoter of record on 6 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.

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+4.

BuildingWingsFloorsDeclared completion
Arihant Elite1G+431 Dec 2020

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250229807/07/2025Bharatkumar Mafatlal Jain vs Dharmesh Vasantrai Shahpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
30 Jun 202130 Jun 2023AS PER NEW UPDATE IN DCPR WE ARE UNABLE TO COMPLETE THE PROJECT IN TIMELINE , SO WE ARE TALING THE EXTENSION.
30 Jun 202130 Jun 2022Due to Covid 19 our labour force being mostly of Bengal could not work in full force due to the restrictions from the local authorities

Location, Land & Connectivity

Located at Near Shivaji Statue, Arihant Promoters & Developers, 103-104, Divya Nagar, Wanawadi, Haveli, Pune, 411040. Per the filed land record, the plot is bounded to the north by By P No 18, to the south by By Plot No 16, to the east by S N 77 and 20 Ft Road and to the west by 25 Ft Wide Colony Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Dharmesh Vasantrai Shah is the promoter on 6 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 Dharmesh Vasantrai Shah

Dharmesh Vasantrai Shah
FlaggedPune
Dharmesh Vasantrai Shah
FlaggedPune
Dharmesh Vasantrai Shah
FlaggedPune
Dharmesh Vasantrai Shah
FlaggedPune
Dharmesh Vasantrai Shah
FlaggedPune

Other RERA-registered projects in Wanawadi

Bevery Hills Residence - Phase II
Not filing quarterly progress reports · possession by Aug 2026 · Subhash Baburao Sanas
Gold Crest
possession by Dec 2026 · Golden Magnum
Mainland Eternia
possession by Dec 2026 · Mainland Spaces LLP
Revanta
possession by Dec 2026 · Surana Landmarks LLP
The Deva Residences
possession by Dec 2026 · Suresh Devendra Kothari HUF
Ram Residency
possession by Jan 2027 · Opulent Builders

Other RERA-registered projects in Pune

Arihant Galaxy B Building
declared completion Dec 2022 · Nitin Alamchand Chordiya
Arihant Garden
declared completion Dec 2017 · Dharmesh Vasantrai Shah
Arihant Greens
possession by Dec 2026 · Konark Ventures
Arihant Heights
declared completion Nov 2018 · JAS Developers
Arihant Heights
declared completion Dec 2019 · Samruddhi Developers
Arihant Heights
declared completion Dec 2025 · Falgunee Creators LLP

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