MahaRERA Property Intelligence · Pune

Azure Aster G and H

P52100024186 · Tathawade · promoter Paranjape Schemes (Construction)

Certificate SignedDue 28 Feb 2026

Delivery & Registration

MahaRERA registrationP52100024186
Registered on24 Jan 2020
Promoter-declared completion28 Feb 2026
Current statusCertificate Signed
Against todayabout 5 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, Paranjape Schemes (Construction) is the promoter of record on 50 projects, of which 4 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.

Sales & Inventory

Of 178 homes filed with MahaRERA, 2 are sold/booked and 176 remain available (~1% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.16 Cr in agreement value so far. Of that, ₹48,750 (~0%) is already collected, ₹1.16 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.

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.

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+14 and 178 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Azure Aster G1G+1489-
Azure Aster H1G+1489-

Unit mix on the filing: 178 residential.

Complaints

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

Legal & Litigation

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.

CourtCase no.YearStatus
Jmfc Court Pune2369/20082008Documents Send For Opinion Of Hand Writing Expert Report Of Opinion Awaited
Cjsd Pune489/20072007Matter Is For Awaiting For Summons

Location, Land & Connectivity

Located at Tathawade, Bhumkar Chowk Road, Mumbai City, Mumbai City, 411033. Per the filed land record, the plot is bounded to the north by Adj Hissa 1A 2A of S No 84, to the south by Adj S No 85 and Azure F, to the east by Azure A and to the west by Adj Hissa 1A of S No 84. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre2 km
Magarpatta / Hadapsar IT7 km
Kharadi / EON IT Park9 km
Baner–Balewadi belt9 km
Pune Int'l Airport (Lohegaon)10 km
Hinjewadi Rajiv Gandhi IT Park15 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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Builder track record

Paranjape Schemes LTD is the promoter on 26 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:

See every Paranjape Schemes LTD project & its RERA track record →

Other flagged projects by Paranjape Schemes LTD

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Deregistered by MahaRERAPune

Other RERA-registered projects in Punawale

BVM Flora
possession by Jul 2026 · Sunny Naresh Nagdev
Miracle Mathura
possession by Jul 2026 · Miracle Builders And Developers
Sai Aarav
possession by Jul 2026 · Abhijit Prakash Borase
Samarth Paradise
possession by Aug 2026 · Samarth Associates
Isle OF Life - Building B And C
possession by Aug 2026 · R R Ventures
Vision ACE Commercial Phase I
possession by Sep 2026 · Vision ACE

Major developers building in Punawale

Other RERA-registered projects in Pune

Azure B
declared completion Jun 2022 · Paranjape Schemes LTD
B-Capital
possession by Mar 2028 · Rahul Vasant Bhegade
B. J. Heights
declared completion Jun 2026 · Nilesh Kisan Jawalkar
B K Pride Homes
declared completion Dec 2022 · Khushbu Bipin Upadhyay
B N Heights
possession by Dec 2027 · Meghsparsh Associates LLP
B R Developers
declared completion Nov 2018 · B R 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