Naiknavarehousingdevelopementspvtltd
MahaRERA Property Intelligence · Pune
P52100000163 · CHAKAN · promoter Naiknavarehousingdevelopementspvtltd
| MahaRERA registration | P52100000163 |
| Registered on | 07 Jul 2017 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past 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, Naiknavarehousingdevelopementspvtltd is the promoter of record on 3 projects, of which none currently 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 ~41.2% of the estimated project cost incurred as of the last certificate (₹18.43 Cr spent against a ₹44.71 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. The declared completion date has already passed while the cost-incurred filing sits at ~41.2% — a wide gap between the promise and the money actually spent on site.
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 480 homes filed with MahaRERA, 187 are sold/booked and 293 remain available (~39% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹35.13 Cr in agreement value so far. Of that, ₹33.42 Cr (~95%) is already collected, ₹1.71 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.
What buyers actually paid: across 187 registered agreements, the effective carpet rate is ₹4,647/sqft (typical range ₹4,190–₹5,355) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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.
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+12 and 480 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| C41 | 1 | G+12 | 96 | - |
| C42 | 1 | G+12 | 96 | - |
| F1 | 1 | G+12 | 144 | - |
| F2 | 1 | G+12 | 144 | - |
| CLUB HOUSE | 1 | G+1 | - | - |
Unit mix on the filing: 480 residential.
8 complaints are on the MahaRERA record for this project, with orders passed in 8. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000000344 | 28/09/2017 | Suvarna Sanjay Gitya and Shantanu Sanjay Gityay vs Naiknavare Developers Pvt Ltd and other directors | order passed |
| CC005000000023396 | 06/09/2019 | SUNIL S DHOTRE vs NAIKNAVARE HOUSING DEVELOPMENT PVT.LTD. | order passed |
| CC005000000054195 | 17/07/2020 | Chinmay Korad vs Naiknavare Housing Developments Pvt Lts | order passed |
| CC005000000054198 | 16/07/2020 | Meghna Aashiesh Advall vs Naiknavare Housing Development Private Limited | order passed |
| CC005000000054197 | 19/04/2020 | Archit Padmanabh Manda vs Naiknavare Housing Development Private Limited | order passed |
| CC005000000096148 | 18/10/2021 | NEHA ATISH vs NAIKNAVARE HOUSING DEVELOPMENT PVT LTD | order passed |
| CC005000000117058 | 07/05/2022 | Sudhir Vasant Patil vs Naiknavare Housing Development Pvt. Ltd. | order passed |
| CC005000000279832 | 21/12/2023 | Samruddhee Jeevan Joshi vs Naiknavare Housing Developments Pct. Ltd. | order passed |
The promoter has declared 3 court cases on this project to MahaRERA. 2 are still pending. 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 |
|---|---|---|---|
| District Court Pune | 137 | 2013 | Pending For Order |
| Cjjd Pune | R DARKHAST NO 611 | 2012 | Pending For Order |
| High Court Bombay | 3165 | 2016 | Pre Admission |
The promoter has had the MahaRERA completion deadline formally extended 5 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 Dec 2024 | 30 Dec 2024 | To MahaRERA MUMBAI Subject : Application for the extension of “Dwarka” Project – 3 with reason P52100000163 in RERA. Dear Sir, We have registered our “Dw |
| 30 Dec 2024 | 30 Jun 2022 | We have registered our Project DWARKA PROJECT 3 – P52100000163 under RERA. The completion date for the project is 30 TH JUNE 2021. But considering the COVID-19 situation, we are un |
| 30 Dec 2024 | 30 Dec 2020 | 1. It is experienced by the Promoter that there are number of challenges such as availing finance, slowdown in market in implementing and completing the Real Estate Projects. Since |
| 31 Dec 2019 | 30 Dec 2025 | Dear Sir/Madam, We, Naiknavare Housing Development Pvt. Ltd., respectfully submit this application for an extension of our project, Dwarka Project 3 (MahaRERA Registration No. P52 |
| 31 Dec 2019 | 30 Jun 2026 | Respected Sir/Madam, We, Naiknavare Housing Development Pvt. Ltd., being the Promoter of the project “Dwarka Project 3” bearing MahaRERA Registration No. P52100000163, respectfully |
Located at CHAKAN, CHAKAN, Pune City, Pune, 410501. Per the filed land record, the plot is bounded to the north by BLDGS UNDER SEC 2A, to the south by BALANCE PORTION OF SEC 1C, to the east by BALANCEPORTION OF SEC 1C and to the west by VACANT PORTION ADJ TO MDR 18. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~21 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 | 21 km |
| Baner–Balewadi belt | 24 km |
| Pune Int'l Airport (Lohegaon) | 24 km |
| Pune Junction / city centre | 28 km |
| Kharadi / EON IT Park | 28 km |
| Magarpatta / Hadapsar IT | 31 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 DWARKA PROJECT3?
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
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Naiknavarehousingdevelopementspvtltd is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
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