MahaRERA Property Intelligence · Pune

Centropolis

P52100018529 · Shivaji nagar · promoter Skywards Ashtika Lifestyle

Certificate SignedDue 30 Oct 2026

Delivery & Registration

MahaRERA registrationP52100018529
Registered on12 Nov 2018
Promoter-declared completion30 Oct 2026
Current statusCertificate Signed
Against today3 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, Skywards Ashtika Lifestyle is the promoter of record on 178 projects, of which 42 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 ~50.0% of the estimated project cost incurred as of the last certificate (₹6.00 Cr spent against a ₹12.00 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, 4 are sold/booked and 24 remain available (~14% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.59 Cr in agreement value so far. Of that, ₹1.99 Cr (~77%) is already collected, ₹59.15 Lakh 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.

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 1Shop No 01326 sqft (30.26 sqm)₹28.94 Lakh
Floor 1Shop No 02250 sqft (23.23 sqm)₹22.29 Lakh
Floor 1Shop No 03250 sqft (23.23 sqm)₹22.29 Lakh
Floor 1Shop No 04258 sqft (23.98 sqm)₹23.01 Lakh
Floor 1Shop No 05240 sqft (22.3 sqm)₹21.40 Lakh
Floor 1Shop No 06270 sqft (25.13 sqm)₹24.11 Lakh
Floor 1Shop No 07245 sqft (22.77 sqm)₹21.85 Lakh
Floor 1Shop No 08283 sqft (26.3 sqm)₹25.24 Lakh
Floor 2Office 201316 sqft (29.32 sqm)₹28.14 Lakh
Floor 2Office 202340 sqft (31.59 sqm)₹30.31 Lakh
Floor 2Office 203300 sqft (27.89 sqm)₹26.76 Lakh
Floor 2Office 205899 sqft (83.53 sqm)₹80.16 Lakh
Floor 2Office 206933 sqft (86.72 sqm)₹83.22 Lakh
Floor 3Office 301316 sqft (29.32 sqm)₹28.14 Lakh
Floor 3Office 302340 sqft (31.59 sqm)₹30.31 Lakh
Floor 3Office 303300 sqft (27.89 sqm)₹26.76 Lakh
Floor 3Office 3061,180 sqft (109.64 sqm)₹1.05 Cr
Floor 4Office 401316 sqft (29.32 sqm)₹28.14 Lakh
Floor 4Office 402340 sqft (31.59 sqm)₹30.31 Lakh
Floor 4Office 403300 sqft (27.89 sqm)₹26.76 Lakh
Floor 4Office 404284 sqft (26.43 sqm)₹25.36 Lakh
Floor 4Office 405899 sqft (83.53 sqm)₹80.16 Lakh
Floor 4Office 406933 sqft (86.72 sqm)₹83.22 Lakh
Floor 5Office 5013,000 sqft (278.7 sqm)₹2.67 Cr

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+6 and 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Centropolis1G+628-

Unit mix on the filing: 28 non-residential (shops/offices).

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000002333316/08/2019Mr. Milind Prabhakar Bade vs M/s. Skywards Ashtika Lifestyle Through its Partner Mr. Ashwin Arun Adsul,Mr. Ashish Arun Adsulorder passed
CC1260010607/01/2026Shantaram Dawane vs Skywards Ashtika Lifestyleorder passed

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
Civil Judge Senior Division12202010Hearing
Pune12202010Ongoing

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 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 Sep 202330 Sep 2023construction work of the project is completed upto 70% , due to revised development rules of Sanctioning authority.we intend to purchase and upload TDR on said project. Therefore
30 Sep 202330 Sep 2022Due to Covid, the construction of the project has been severely affected. The Promoter has obtained 75% consent from allottees as required under Sec. 7 (3) of the RERA Act and unde
30 Sep 202330 Apr 2021due to covide we coludent complet project within specified time
30 Sep 202030 Oct 2026Due to revised sanctioned plan received from Pune municipal corporation additional 1 Floor yet to be construct therefore required extension till 30th October 2026

Location, Land & Connectivity

Located at Shivaji nagar, near Shivajinagar bus Stand, Pune City, Pune, 411005. Per the filed land record, the plot is bounded to the north by road, to the south by CTS 1546, to the east by CTS no 1563 and to the west by nala and road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~160 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 Park160 km
Pune Int'l Airport (Lohegaon)160 km
Baner–Balewadi belt163 km
Kharadi / EON IT Park164 km
Pune Junction / city centre166 km
Magarpatta / Hadapsar IT168 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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Other RERA-registered projects in Pune

Ceratec Avika
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Ceratec Avika
declared completion Aug 2023 · Anand Dayanand Agarwal
Ceratec City Phase I Part 2
declared completion Dec 2018 · Ceratec Construction
Ceratec Greens
declared completion Jun 2019 · Anand Dayanand Agarwal
Ceratec West Winds
possession by Aug 2028 · Ceratec Lifespaces Llp
Cereza
declared completion Dec 2022 · Landlord Properties Private Limited

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