MahaRERA Property Intelligence · Pune

ASHIYANA

P52100029929 · SHIVAJINAGAR · promoter Kulkarni Realtors

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP52100029929
Registered on15 Jul 2021
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 months to 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, Kulkarni Realtors is the promoter of record on 93 projects, of which 16 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.

Construction Progress

MahaRERA's cost filing puts construction at ~103.5% of the estimated project cost incurred as of the last certificate (₹66.72 Cr spent against a ₹64.46 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.

Sales & Inventory

Of 28 homes filed with MahaRERA, 21 are sold/booked (20 with registered agreements + 1 booked) and 7 remain available (~75% sold) — selling steadily. Buyers have committed ₹36.57 Cr in agreement value so far. Of that, ₹30.49 Cr (~83%) is already collected, ₹6.08 Cr receivable — a read on how far along these sales really are. Note: the project registers 51 homes in total, but this sold/unsold inventory filing covers only 28 of them — the other 23 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 21 registered agreements, the effective carpet rate is ₹18,008/sqft (typical range ₹16,566–₹25,002) — 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:

FloorUnitCarpetReckoner value
Floor 11016,928 sqft (643.66 sqm)₹10.83 Cr
Floor 101007458 sqft (42.55 sqm)₹83.60 Lakh
Floor 22016,949 sqft (645.57 sqm)₹10.86 Cr
Floor 66061,040 sqft (96.64 sqm)₹1.75 Cr
Floor 8801389 sqft (36.12 sqm)₹68.50 Lakh
Floor 8802461 sqft (42.82 sqm)₹80.28 Lakh
Floor 88061,040 sqft (96.64 sqm)₹1.75 Cr

⚠ The inventory filing also declares: 23 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+18 and 51 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ASHIYANA1G+185131 Dec 2025

Unit mix on the filing: 51 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 202531 Dec 2026The project construction is substantially completed, and Part Occupancy Certificate (Part OC) has already been received for the completed portion. Only a minor balance work related

Location, Land & Connectivity

Located at SHIVAJINAGAR, LAW COLLEGE ROAD, Pune City, Pune, 411004. Per the filed land record, the plot is bounded to the north by FINAL PLOT NO 146, to the south by OPEN SPACE BEYOND THAT ROAD, to the east by FINAL PLOT NO 106 and to the west by LAW COLLEGE ROAD BEYOND THAT FINAL PLOT NO 148. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~49 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park49 km
Baner–Balewadi belt54 km
Pune Junction / city centre65 km
Pune Int'l Airport (Lohegaon)66 km
Kharadi / EON IT Park70 km
Magarpatta / Hadapsar IT70 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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Major developers building in Erandwane

Other RERA-registered projects in Pune

Ashok Nirvaan Phase 2
declared completion Aug 2024 · Truewin Realty Limited
Ashok Nirvaan Phase 9
declared completion Aug 2024 · Truewin Realty Limited
Ashok Nirvaan Villa 43
declared completion Mar 2018 · Truewin Realty Limited
Ashok Villas Grande
possession by Dec 2029 · Peninsula Land Limited
Ashok Villas Imperial
possession by Dec 2029 · Peninsula Land Limited
Ashoka Commercial HUB
declared completion Mar 2025 · Ashoka Developers

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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